Ilitches to make bid to purchase Pistons
Basketball Betting Lines
08/09/2010 -
Detroit, MI (Sportsbook Betting Lines) - Mike and Marian Ilitch, who already own the
Tigers and Red Wings, announced their intention to make a formal bid to buy
the Detroit Pistons.
The Detroit Free Press revealed on Monday that the Ilitch family wants to
purchase the city's NBA franchise, which currently resides in the suburb of
Auburn Hills, in the hopes of securing a new downtown arena to house both the
Pistons and Red Wings.
According to the paper, the Ilitches will formally notify Pistons owner Karen
Davidson of their interest. This comes on the heels of previous reports and
Davidson's public admission that buyers are being courted for the
franchise -- leaving open the possibility that new ownership could move the
team out of Michigan.
The lease for the Red Wings' current home at Joe Louis Arena expired on June
30, while the Pistons haven't called Detroit home since leaving Cobo Arena for
the Pontiac Silverdome in 1978. The Tigers play downtown at the 10-year-old
Comerica Park, closer to the city core than the former Tiger Stadium.
The paper also reported that Detroit mayor Dave Bing, a former Pistons star in
the 1960s and '70s, has constantly expressed support for moving the Pistons
back to Detroit.
<< Brewers' Braun earns NL weekly honors
New York, NY (Sportsbook Betting Lines) - Milwaukee Brewers outfielder Ryan Braun was
named NL Player of the Week for the seven-day period ending August 8.
Braun led the majors with a .538 batting average (14-for-26) and a .586 on-
base percent
<< Athletics' Cahill takes AL weekly honors
New York, NY (Sportsbook Betting Lines) - Oakland Athletics pitcher Trevor Cahill has
been named the Player of the Week for the American League for the period
ending August 8.
It was Cahill's first-career weekly honor.
The right-hander wo
<< Gordon, wife welcome a new son
New York, NY (Sportsbook Betting Lines) - NASCAR driver Jeff Gordon became a father for
the second time on Monday.
According to his website, Gordon's wife, Ingrid Vandebosch, delivered a boy,
Leo Benjamin Gordon, at 8:53 a.m. (et). Leo weighed 7
<< Monz returns to Robert Morris staff
Moon Township, PA (Sportsbook Betting Lines) - Mauro Monz has returned to the Robert
Morris football coaching staff as a special offensive assistant.
The native of Pittsburgh is no stranger to the program, having served three
seasons as RMU's quarterb
<< Solid workout for Rachel Alexandra
Saratoga Springs, NY (Sportsbook Betting Lines) - Defending Horse of the Year Rachel
Alexandra continued her preparations for the upcoming Personal Ensign Stakes
with a six-furlong workout Monday morning. The four-year-old filly is in
trainin
Cowboys TE Phillips out for year with torn ACL >>
San Antonio, TX (Sportsbook Betting Lines) - Dallas Cowboys tight end John Phillips
will miss the entire 2010 season with a torn anterior cruciate ligament in his
right knee.
He will have surgery when the team returns from Oxnard, CA, where it wi
Tigers activate Guillen, option Rhymes >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Tigers recalled infielder Carlos
Guillen from his rehab assignment with Single-A West Michigan and activated
him from the 15-day disabled list on Monday.
The move comes just prior to the s
Arbitrator rules that Kovalchuk is a free agent >>
New York, NY (Sportsbook Betting Lines) - An arbitrator has ruled in favor of the NHL in
regard to Ilya Kovalchuk's contract with the New Jersey Devils.
The Devils signed the free agent sniper to a 17-year, $102 million contract in
mid-July and the
Red Sox earn split with Yankees in the Bronx >>
Bronx, NY (Sportsbook Betting Lines) - Bill Hall had an RBI single and scored a run, and
Jon Lester worked 6 1/3 effective innings, as the Boston Red Sox held on for a
2-1 win over the American League East-leading New York Yankees in the finale
of a fo
Mariners place SS Wilson on disabled list >>
Seattle, WA (Sportsbook Betting Lines) - The Seattle Mariners have placed shortstop
Jack Wilson on the 15-day disabled list with a fractured fifth metacarpal in
his right hand.
The veteran middle infielder suffered the injury in an accident
Why Sports Betting is so much fun?
Betting Sports
The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)
But you could also simply bet on the money line, or straight-up winner of the game. Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like boxing, tennis, golf and racing events such as NASCAR. ( More details on playing the Money Line)
Points (or Runs) Scored
Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under . So Under bettors won, and Over bettors lost.
Future Bets
Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl odds might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Proposition Bets (or Prop Bets)
Proposition bets , also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:
- What team will win the coin toss
- What player will score the game’s first touchdown
- What will be the exact margin of victory
Types of Bets
Straight Bet
Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.
A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.
Standard payoffs on a two-team parlay are 13/5; while a three-teamer pays 6/1; and a four-teamer 10/1.
Parlay cards are also fairly common in sportsbooks and popular with bettors, as they are released early in the week with set odds that do not change in return for a slightly lower payoff.
Round Robin Betting
Adventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin . A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C – with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.
Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.
These are the main types of sports bets available today. But as sports betting continues to grow, sportsbooks will continue to develop new and creative ways to bet. We’ll continue to track these changes to the sports gambling landscape, so check back often and we’ll tell you all about it!
To visit this online sportsbook got to MySportsbook.com for all your football betting needs.
Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs.
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