Neely headlines Lester Patrick recipients

Hockey Betting Lines

09/02/2010 - New York, NY (Sportsbook Betting Lines) - Former Boston Bruin great Cam Neely was among four recipients of the 2010 Lester Patrick Trophy named Thursday.

Also presented with the award were college coaches Jack Parker and Jerry York and American Hockey League president David Andrews. The trophy is awarded to those who have shown outstanding service to hockey in the United States.

Neely, one of the most prolific power forwards in the history of the sport, scored 395 goals and had 299 assists over 726 regular-season games, the bulk of which were spent with the Bruins. He added another 57 goals in 93 playoff tilts.

He recorded three 50-goal seasons, including in 1993-94 when he played just 49 games due to injury.

Neely retired following the 1995-96 season and had his No. 8 jersey retired by the Bruins. After being voted into the Hall of Fame in 2005, he joined the Bruins front office as vice president and was named team president this past June.

Parker won three straight Beanpot Tournaments with Boston University from 1966-68 and has been the coach at the school since 1973. As a coach, he has guided the Terriers to three national championships (1978, 1995 and 2009) and is one of three coaches in NCAA history to reach the 800-win plateau. He is the only one, though, to have done it at one school.

York coached at Clarkson and Bowling Green before returning to his alma mater at Boston College in 1994. Since coming to the Eagles, he has guided the team to three national championships, including the 2010 title. His 850 career victories is second all-time to Ron Mason's 924. He also took Bowling Green to an NCAA title in 1984.

Andrews has been president of the AHL since 1994 during which time the league has experienced a wealth of expansion and growth. He was instrumental in bringing all 30 NHL teams' top developmental affiliates under the AHL umbrella and in 2001 led one of the largest expansion efforts ever in professional sports, bringing nine new cities into the fold, including six from the former International Hockey League.

The enterprise expanded the league beyond its traditional Atlantic seaboard borders to locations such as Chicago, Toronto, Cleveland, Houston, San Antonio, Winnipeg and Milwaukee. The league is scheduled to further expand in 2010-11 to Charlotte and Oklahoma City.

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Sportsbooks to bet on football

Recently I had an email debate with an angry reader who said I did not understand "the science of oddsmaking", as he called it.

He said I was wrong for suggesting oddsmakers care about who wins or loses games.

"Oddsmakers only care about splitting the betting public 50/50 on both sides of the line and keeping the commission (a.k.a. juice)," he wrote.

He might have been right about not understanding "the science of oddsmaking". After all, I'm not an oddsmaker. That said, I stick to my assertion that oddsmakers (a.k.a. sportbooks) often do care about who wins games.

Granted, as a general rule, sportsbooks try to balance their action so that they're not exposed to big losses. However, there are times when this is difficult to pull off, regardless of how much a line has moved. There are also times when that general rule is ignored and a book pursues risk.

Generally speaking, it's safe to say the books in Vegas are risk-adverse. Unlike in the past when the wise guys ruled the town, Vegas is now corporate and the goal of most casinos is to make as much money as possible with as little risk as possible.

Thus, Vegas sportsbooks try everything in their power to balance the action. They're satisfied simply collecting the juice. But these profits are small, especially compared to the take from other casino games, namely slot machines.

Because the profits at Vegas sportsbooks are so small, you could argue that many casinos operate sportsbooks simply as a novelty to keep the tourists happy.

With a growing aversion to risk, it should come as no surprise that Vegas bookmakers have been panicking this NFL season.

Despite huge pointspreads, a disproportionate percentage of bettors are still laying their money on favorites like the Eagles, Colts, Pats and Vikings rather than the dogs (a common trend for the largely recreational bettors that visit Vegas).

And much to the dismay of the books, those favorites are finding ways to cover the thick chalk. In fact, prior to Week 7, the four teams listed above are a combined 16-2-2 (88 percent) against the spread. (The tables turned dramatically in Week 7, but more on that later.)

The result has been an early-season beating for the books, and a bonanza for bettors.

While Vegas increasingly hates risk, it's no longer a major player in the sports betting world. Most of the betting action now takes place offshore where sportsbooks are not as obsessed about balance. In fact, some books encourage exposure to risk because the rewards can be so much bigger.

Consider MySportsbook.com. On its website, the book has odds pages which actually display the amount of action it's getting on games. In other words, you can see how much action the book is taking on both sides of a pointspread, moneyline or over/under.

One look at these numbers and it's obvious MySportsbook.com does not balance every game. In fact, far from it.

Take last weekend's matchup between St. Louis and Miami. By game time on Sunday, 83 percent of the betting action at MySportsbook.com was on the Rams; only 17 percent was on Miami.

What's interesting is that MySportsbook.com opened the pointspread with Miami at +6 1/2. By game time, the spread had lowered to +5.

That goes contrary to the balancing theory. If MySportsbook.com had wanted to balance the action, it would have given Miami more points; instead, it took away 1 1/2. World Series odds are now up as well.

MySportsbook.com exposed itself to even more to risk, and rolled the dice on the underdog Dolphins. Why? I contacted a representative with the book to find out. His answer was simple.

"The line moved early based on 'smart money' from sharp players," said Jeff Gilroy, a spokesperson for the book. "We also knew from early in the week that we would need Miami, therefore (we dropped) the spread to encourage Rams money.

"At the end of the day, we liked the home team."

So the conclusion is this: MySportsbook.com respected the sharp action, and gambled that the sharp bettors had a better take on the game than the recreational bettors, who were hammering the visiting Rams.

In the end, the gamble paid off. Miami, desperate for a win in front of its home fans, pounded the overrated Rams, who are terrible on the road and even worse on grass. Final score: 31-14 Fish.

MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover.

The fact that sportsbooks are exposed to risk on certain games is really nothing new. The fact, that Sportsbook.com is willing to show the public where it's exposed is intriguing.

Armed with this type of information, bettors can make more educated wagers. They can get an idea where the sharp money is going and conversely where the public money is headed.

MySportsbook.com is opening up its cashbox, letting bettors look inside and challenging them to take their best shot at grabbing the cash.

To visit this online football betting got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.