Cavs deal West, Telfair to T'Wolves for Sessions, Hollins

Basketball Betting Lines

07/26/2010 - Minneapolis, MN (Sportsbook Betting Lines) - The Cleveland Cavaliers have traded guards Delonte West and Sebastian Telfair to the Minnesota Timberwolves for guard Ramon Sessions, center Ryan Hollins and a 2013 second-round draft pick.

West averaged 8.8 points on 44.5-percent shooting in 60 games (three starts) during the 2009-10 season.

The deal brings Telfair back to Minnesota, the team he played for from 2007-08, when he averaged 9.3 and 9.8 points, respectively, a season. Telfair, was acquired by the Cavaliers on Feb. 17, 2010 from the Los Angeles Clippers in a three-team trade.

"I want to thank Ramon and Ryan for their time with us last season," said David Kahn, Timberwolves president of basketball operations. "With the arrivals of Luke Ridnour, Michael Beasley, Nikola Pekovic and the signing of Darko Milicic, it was clear that Ramon and Ryan would have lesser roles this season if they were to remain. This move provides them a better opportunity in Cleveland and adds to our flexibility both this season and beyond in relation to the salary cap."

The 24-year-old Sessions played in all 82 games during the 2009-10 season, averaging 8.2 points on a career-high 45.6 percent shooting. He was a second- round draft pick of Milwaukee in 2007 and spent his first two seasons playing for the Bucks before being signed as a free agent with the Timberwolves.

The 25-year-old Hollins set career bests in nearly every statistical category last season. The 7-foot center averaged 6.1 points on 55.8 percent shooting along with 2.8 rebounds.

"In Ramon, we're excited to add a young, multi-dimensional guard, and with Ryan, we're adding a young, athletic center," Cavs general manager Chris Grant said. "We think both Ramon and Ryan are really good fits for this team. We're also happy to add another asset for the future with the additional draft pick. At the same time, we'd like to thank Sebastian and Delonte and wish them well in the future."

Wwwyehey Basketball Betting News

<< Martinez back in Red Sox lineup
Anaheim, CA (Sportsbook Betting Lines) - The Boston Red Sox activated catcher Victor Martinez from the 15-day disabled list Monday after a month-long absence. Martinez broke his left thumb during a June 27 game against the Giants when a foul tip

<< Two Drexel hoop players in trouble with the law
Philadelphia, PA (Sportsbook Betting Lines) - Drexel University has placed three male students, including basketball players Jamie Harris and Kevin Phillip, on interim suspension pending the outcome of a police investigation into a robbery

<< Titans file lawsuit against Kiffin, USC
Nashville, TN (Sportsbook Betting Lines) - The Tennessee Titans have filed a lawsuit against the University of Southern California and head coach Lane Kiffin in the wake of the hiring flap surrounding Kennedy Pola. On Saturday, USC announc

<< Packers sign second-round pick DE Neal
Green Bay, WI (Sportsbook Betting Lines) - The Green Bay Packers signed their 2010 second-round pick, defensive end Mike Neal Monday. Terms of the contract were not released. Selected 56th overall, the 6-foot-3, 294-pound Neal started 23 of

<< Coyotes re-sign winger Picard
Glendale, AZ (Sportsbook Betting Lines) - The Phoenix Coyotes have re-signed left wing Alexandre Picard to a one-year contract. As per team policy, no terms of the deal were announced. Picard was acquired by the Coyotes from Columbus on March 3 bu

Yankees rally past Tribe; A-Rod stuck on 599 >>
Cleveland, OH (Sportsbook Betting Lines) - Curtis Granderson hit a go-ahead two-run homer in the eighth inning and the Yankees took the first of four consecutive meetings with the Cleveland Indians, 3-2, at Progressive Field. Nick Swisher added

Blue Jays continue domination of O's >>
Toronto, ON (Sportsbook Betting Lines) - Jose Bautista hit a three-run homer and Aaron Hill added a two-run shot and knocked in three, as the Toronto Blue Jays earned a 9-5 win over the Baltimore Orioles in the first of a three-game set at Roge

Garza gets Rays' first no-hitter by blanking Tigers >>
St. Petersburg, FL (Sportsbook Betting Lines) - Matt Garza tossed the first no-hitter in Tampa Bay history in a 5-0 win over Detroit in the opener of a four-game set at Tropicana Field. Garza (11-5) walked one, struck out six and faced the minimum

Cubs' catcher Soto leaves game in Houston >>
Houston, TX (Sportsbook Betting Lines) - Chicago Cubs catcher Geovany Soto left Monday's game against the Astros with a bruised left foot. Soto grounded out to lead off the top of the sixth but did not come out to take his position defe

White Sox stretch home win streak to eight >>
Chicago, IL (Sportsbook Betting Lines) - John Danks tossed eight innings of one-run ball, and Juan Pierre went 3-for-5 with a run scored and two RBI, as the White Sox returned to U.S. Cellular Field with a 6-1 win over Seattle. Chicago, com

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.