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02/08/2010 - Montreal, QC (Sportsbook Betting Lines) - Montreal Canadiens general manager Bob Gainey has decided to step down from his post and hand the reins over to Pierre Gauthier, the club announced on Monday.
"After a long and difficult period of reflection, I have decided to step down as general manager of the Montreal Canadiens," Gainey said an afternoon press conference. "Effective today, those responsibilities fall to my friend, Pierre Gauthier. I've done my best, and now it's time for me to pass the torch."
Gauthier, who served as the Canadiens' assistant GM since July 2006, will take over as both general manager and executive vice president.
The 56-year-old Montreal native came to the Habs in 2003 after serving with the Anaheim and Ottawa organizations, beginning his career with the Quebec Nordiques from 1981-93 in the scouting department.
Gainey had served as the team's general manager since June 2003, and the Habs have posted a 241-176-46-7 record with four playoff appearances since his hiring.
In 2007-08, the Canadiens went 47-25-10 and finished first in the Eastern Conference with 104 points. Montreal was then upended by the Philadelphia Flyers in a five-game conference semifinal series. Montreal also suffered the indignity of a first-round four-game defeat to bitter rival Boston in last season's playoffs during the franchise's 100th anniversary celebrations.
During his tenure with the club, Gainey also served as head coach for the second half of 2005-06 before handing the job to Guy Carbonneau following the season.
As a player, Gainey spent all 16 years of his NHL career with the team, winning five Stanley Cups in six tries.
Following his time in the NHL, the 56-year-old became the head coach of the Minnesota North Stars in 1990-91, helping the team get to the Stanley Cup Finals. Serving as the head coach until 1996, when the team was located in Dallas, he was also the franchise's general manager from 1992-2002 and guided the Stars to a 1999 Stanley Cup championship.
"The support that we've had from our new generation of fans, along with the old tradition and that the bridge between our old and new fans is complete," Gainey said when asked what he'll remember most about his tenure in the front office. "We've been in the playoffs steadily the whole time and that's been a good thing."
<< This Week in Golf - February 11th through February 14th
Philadelphia, PA (Sportsbook Betting Lines) - PGA TOUR - AT&T PEBBLE BEACH NATIONAL PRO-
AM, Pebble Beach Golf Links, Monterey Peninsula Country Club Shore Course,
Spyglass Hill Golf Course, Pebble Beach, California - It's one of most popular
eve
<< Pacers' Foster to have season-ending back surgery
Indianapolis, IN (Sportsbook Betting Lines) - Indiana Pacers forward/center Jeff Foster
will undergo season-ending surgery for lower back pain following the All-Star
break.
Foster is expected to make a full recovery and participate in training camp
<< Clippers' Kaman to replace injured Roy in All-Star Game
New York, NY (Sportsbook Betting Lines) - Los Angeles Clippers center Chris Kaman
was named the replacement for injured Portland Trail Blazers guard Brandon Roy
Monday for the NBA All-Star Game to be held February 14 in Dallas.
Kaman, a sevent
<< Vesnina, Szavay advance in France
Paris, France (Sportsbook Betting Lines) - Eighth-seeded Elena Vesnina and Hungarian
Agnes Szavay were Monday's first-round winners at the $700,000 Open GDF Suez
tennis tournament.
The Russian Vesnina vaulted past Romanian Alexandra Dulgheru 6
Rachel Alexandra staying loose in Big Easy >>
New Orleans, LA (Sportsbook Betting Lines) - Less than 12 hours after the New Orleans
Saints captured Super Bowl XLIV, the other champion residing in the Big Easy
took to the track for a jog.
Horse of the Year Rachel Alexandra took a jog aroun
Blue Bombers sign RB Marc >>
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers announced Monday
that they have agreed to terms with running back Emmanuel Marc.
Marc participated in Winnipeg's training camp in 2009 and graduated from
Delaware State in
Carr re-signs with Fire >>
Bridgeview, IL (Sportsbook Betting Lines) - Calen Carr has re-signed with the Chicago
Fire for his fifth season in Major League Soccer.
In four seasons in Chicago, Carr has appeared in 68 games, including 15
starts, while tallying six goals
Soderling, Robredo win Rotterdam openers >>
Rotterdam, The Netherlands (Sportsbook Betting Lines) - French Open runner-up Robin
Soderling and fifth-seeded Tommy Robredo highlighted Monday's first-round
winners at the $2 million ABN AMRO World Tennis Tournament.
The third-seeded Sode
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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
Albert Pujols to be This Year's Home Run Champ Says Online Sportsbook
Barry Bonds is a 50-1 long shot to be this year's home run champ odds. The favorite to be this year's home run champ is none other than Albert Pujols, however.
Now that Barry Bonds is signed and in Giants camp, it is on to his pursuit of all of sports most prestigious records: the all-time home run mark. Bonds sits just 21 homers shy of tying Hank Aaron for the career mark at 755. Word out of Giants’ camp is that Bonds is the healthiest he has been in a few years. Bonds is just two seasons removed from his injury riddled 2005 campaign where he played in only 14 games and hit only 5 home runs. He did come back last year and had a solid season hitting .270 with 26 bombs. All eyes will be on Bonds this spring and summer not only because of his home run chase but his highly publicized steroid abuse allegations. If and when Bonds breaks the record, he surely will not get the positive attention one should for breaking a record that was once thought of as “unbreakable”. Despite Bonds decent season last year, he is just 50-1 at MySportsbook.com to lead the MLB in long balls this season.
Not surprisingly, the favorites to go deep the most times this season are Albert Pujols 5-1, Ryan Howard 6-1, David Ortiz 8-1 and Alex Rodriguez 12-1. With 49 homers, Pujols finished second in the National League behind Howard (58). Pujols is considered the favorite due to the consistent power numbers that he has posted since breaking into the league in 2001. Also one must consider the fact that he played in 16 fewer games then Howard did due to an injury. Howard smashed 58 homers in his first complete season of big league play en route to the National League MVP odds award. He silenced his critics by successfully hitting left-handed pitching. Howard also displayed the ability to use his power to the opposite field. Two attributes which should keep Howard amongst the league leaders in long balls for years to come. From the American League representatives, David Ortiz leads the field. Ortiz was second in the majors last year with 54 home runs. Except for 1999 when he only played in 10 games, Ortiz has improved on his home run numbers each year he has been in the majors (1997).
Be sure to log onto online sports betting site MySportsbook.com to check out the odds for who will lead the MLB in home runs this season. Below is just a sample of the players listed. With the highest credit card rates in the industry, MySportsbook.com is the place to bet on baseball this summer.
World Series odds
Adam Dunn 15-1
Albert Pujols 5-1
Alex Rodriguez 12-1
Alfonso Soriano 15-1
Andruw Jones 25-1
Barry Bonds 50-1
Carlos Delgado 40-1
David Ortiz 8-1
Jermaine Dye 40-1
Ken Griffey Jr. 100-1
Lance Berkman 40-1
Manny Ramirez 20-1
Richie Sexson 40-1
Ryan Howard 6-1
Travis Hafner 20-1
Vladimir Guerrero 40-1
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
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