Cavs close to hiring Scott as head coach

Basketball Betting Lines

07/01/2010 - Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers are reportedly close to hiring Byron Scott as their next head coach.

Several media sources report the Cavs were in negotiations with Scott, who started last season as head coach of the New Orleans Hornets before being fired just nine games into the 2009-10 campaign.

Scott was in his sixth season with the Hornets and was in the final year of a two-year extension he signed in May of 2008 when he was let go. Scott compiled a record of 203-216 during his tenure in New Orleans.

The Cavs fired Mike Brown after a second-round playoff loss to Boston. Brown spent the last five seasons with the Cavs and guided the team to a record of 272-138.

The Cavs were looking to make a splash with a big-name coach by trying to lure Tom Izzo to the NBA ranks, but Izzo opted to stay at Michigan State for what seems the duration of his career. Lakers assistant Brian Shaw also was a finalist to coach the Cavs, but withdrew his name from consideration Wednesday.

The Cavaliers face the possibility of a bigger change this summer should reigning two-time MVP LeBron James leave the team.

Before taking over in New Orleans, Scott guided the New Jersey Nets to a record of 149-139 with a pair of NBA Finals appearances in three-plus seasons. After leading the previously-moribund Nets to the league title series in the spring of 2002 and 2003, Scott was fired with a 22-20 mark midway through the 2003-04 campaign.

Scott was an assistant coach with Sacramento for two seasons after a 14-year playing career with the Lakers, Pacers and Grizzlies. He won three NBA titles during the late 1980s with the Lakers.

Wwwnetbet Basketball Betting News

<< Mets take advantage of Marlins mistakes to avoid sweep
San Juan, PR (Sportsbook Betting Lines) - Pinch-hitter Josh Thole singled in the go- ahead run in the sixth inning, and the New York Mets downed the mistake-prone Florida Marlins, 6-5, to avert a three-game sweep at Hiram Bithorn Stadium. David W

<< Wolves to host Gay, Lee this week
MINNEAPOLIS (AP) -The Minnesota Timberwolves will bring free agents Rudy Gay of Memphis and David Lee of New York in for visits this week.Team president David Kahn says Gay will come to the Twin Cities on Thursday and stay through Friday and Lee wil

<< At last, free agency starts for Dwyane Wade
MIAMI (AP) -For Dwyane Wade, the start of free agency was predictable. He got courted by Pat Riley.The Miami Heat contacted a slew of top free agents when the clock struck 12:01 a.m. Thursday, a deep list that includes Wade, LeBron James, Chris Bosh

<< Wild re-sign Latendresse
St. Paul, MN (Sportsbook Betting Lines) - The Minnesota Wild re-signed forward Guillaume Latendresse to a two-year, $5 million contract Wednesday night. Latendresse scored a career-high 27 goals last season and had a total of 13 assists.

<< Guillen's blast lifts Royals over ChiSox
Kansas City, MO (Sportsbook Betting Lines) - Jose Guillen capped a four-run seventh with a three-run homer, as the Kansas City Royals held off the Chicago White Sox, 7-6, in the rubber match of a three-game series at Kauffman Stadium. Billy Butler

Rockets make pitch to free agent Bosh >>
HOUSTON (AP) -Houston Rockets general manager Daryl Morey sure knows how to make a first impression.Morey met with coveted free agent Chris Bosh just after midnight Thursday, making a pitch to an available player at the exact moment free agency open

Guerrero burns former team as Rangers top Angels >>
Anaheim, CA (Sportsbook Betting Lines) - Vladimir Guerrero continued to torment his old team, going 4-for-4 with two homers and five RBI, as the Texas Rangers evened this three-game set with a 6-4 win over the rival Angels. Guerrero, who spent the

LeBron heads huge free-agent crop >>
Philadelphia, PA (Sportsbook Betting Lines) - The NBA's biggest crop of free agents hit the open market Thursday morning with LeBron James, Chris Bosh, Dwyane Wade, Dirk Nowitzki, Amar'e Stoudemire and Joe Johnson headlining the wish list of several

Now a free agent, King James awaits his suitors >>
NEW YORK (AP) -Finally free to leave Cleveland, LeBron James is ready to hear reasons why he should.The NBA's long-awaited free agency period opened early Thursday, with teams such as New York and Miami focusing their attention on California.Now all

Agent: Byron Scott accepts Cavs' job >>
CLEVELAND (AP) -Byron Scott has accepted Cleveland's coaching job, his agent told The Associated Press.Brian McInerney said in an e-mail that the sides are working through some final details, but that Scott has agreed to become Cleveland's next coac

Big East Conference odds

Work left to do: Villanova, Syracuse, DePaul, West Virginia, Providence

Notre Dame and Louisville appear to have done enough to make the move, so we'll make them locks. The Cardinals, despite a modest RPI, are trending way up and have clinched at least a tie for third in the Big East, which should be more than enough with their pair of big road wins. Villanova got back to .500 and gets back to more solid footing. Syracuse got a very important road win and crippled a fellow contender in the process. West Virginia's fate could be in its hands Tuesday at Pitt.

Work left to do:

Villanova [18-9 (7-7), RPI: 21, SOS: 5] Pounded Rutgers to get back to .500. If Cats can get their last two (at UConn, vs. Syracuse), that should be enough with strong computer numbers and a host of wins away from The Pavilion. The Cats have beaten Texas and swept the Big 5 (never easy in Philly), but have a couple of losses to bubble teams (Xavier, Drexel), too. I still think they'll be OK, possibly even at 8-8.

Syracuse [20-8 (9-5), RPI: 53, SOS: 62] History says 10 wins will be plenty, but it might be hard for the Orange to get that last one with a final two vs. G'town, which is trying to win the league title, and at Villanova, which will be desperate for a W. The relative lack of nonconference heft and the weak computer numbers are still concerns, but the Orange have won four in a row and got a very, very big win at Providence on Saturday.

DePaul [16-12 (8-7), RPI: 54, SOS: 18] Beat Cincy and should get past South Florida to get to 9-7, but then what? They have beaten Kansas and Cal (right after the DeVon Hardin injury) earlier this season, but also have lost to Bradley and Purdue, among others. They'll likely need a couple of BE tourney wins, too, but we'll see ...

West Virginia [19-7 (8-6), RPI: 58, SOS: 125] The game at Pitt on Tuesday night could decide the Mountaineers' fate (barring a deep tournament run). They can still get to 9-7 in the Big East without it by beating Cincinnati, but the nine wins would be against UConn, Villanova, St. John's, South Florida, DePaul, Rutgers, Seton Hall twice and the Bearcats. Beating bubble foes is fine, but where's the beef? Outside of beating PG-less UCLA in nonconference play (still a top quality win), there's not a lot to fall back on (besides maybe NC State). WVU vs. Syracuse would be an interesting debate, as the teams don't play in the Big East regular season. WVU has the best win, but Cuse has played the much better schedule.

Providence [17-10 (7-7), RPI: 70, SOS: 33] The Friars likely saw their at-large hopes die at home in the four-point loss to Syracuse, barring an unexpected run to the Big East semis or more. The RPI, bad already, won't be helped by playing St. John's and South Florida in the final two league games.

For more March Madness odds go to MySportsbook.com

For more College Basketball betting lines go to BettingExpress.com

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.


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.