Canadian teams make free-agent splash

Hockey Betting Lines

07/02/2010 - Toronto, Canada (Sportsbook Betting Lines) - The last time Alex Tanguay and Olli Jokinen were in Calgary Flames uniforms, it seems management, fans or the players themselves, couldn't leave town fast enough.

Times change, especially when your former team may be the only one courting you. And so we have the slightly odd sight of Calgary general manager Darryl Sutter signing Tanguay to a one-year deal and Jokinen to a two-year deal on the opening day of free agency in the NHL.

Tanguay, 30, had a career-high 81 points (22 goals, 59 assists) in 2006-07 as a member of the Flames. In the last three seasons - one each with Calgary, Montreal and Tampa Bay - Tanguay's production has slipped considerably. He had 10 goals and 37 points last season for the Lightning. Sutter is hoping Tanguay and Jarome Iglinla can reignite the magic.

Jokinen, 31, played most of last season in Calgary before being shipped off to Broadway in February. In 26 games with the New York Rangers, Jokinen was a bit of a bust, with four goals and 11 assists. In 75 games, with Calgary over parts of last season and 2008-09, the veteran Finn wasn't bad, notching 19 goals and 31 assists.

It's nowhere near his career high of 91 points (39 goals, 52 assists) in 2006-07 with Florida, but the Flames can use all the offence they can get after posting a league-worst 204 goals last season, or 2.49 goals per game.

The Flames also signed forwards Tim Jackman and Raitis Ivanans. Jackman, 28, had four goals, nine points and 98 penalty minutes in 54 games with the New York Islanders last season. Ivanans, 31, spent the last four seasons as the Los Angeles Kings' enforcer, but had no points and 136 PIMs in 61 games last season.

Other Canadian teams made a splash, too, in a busy week of signings, trades, drafts and general house cleaning.

The Ottawa Senators went for offensive finesse on the back end instead of bone-jarring body checks by signing veteran blue-liner Sergei Gonchar to a three-year deal and watching Anton Volchenkov sign with the New Jersey Devils. Gonchar is 36 and has a lot of mileage on him, but he has a deadly accurate shot and few can compare when it comes to producing points from the point and being the quarterback on a power play.

Vancouver signed two-way forward Manny Malhotra to a three-year contract as well as inking forwards Joel Perrault and Jeff Tambellini. The big deal for the Canucks, however, was signing defenseman Dan Hamhuis to a six-year contract.

The 27-year-old has played all six of his NHL seasons in Nashville. More importantly, Hamhuis has missed only nine games during that time. This durability is important for a Vancouver blue line that was devastated by injuries all season.

There also is a lot to look forward to in Edmonton in 2010-11: No. 1 overall draft pick Taylor Hall will be given every chance to make the team; speedster Jordan Eberle is on the verge of cracking the roster; Ales Hemsky will be healthy (for at least one shift); and free-agent defenseman Kurtis Foster will add some depth to the blue line.

The Oilers also acquired defenseman Jim Vandermeer from the Phoenix Coyotes for forward Patrick O'Sullivan, which is not a bad thing. The Oilers have lots of smallish forwards and need some beefing up on the blue line.

The Oilers lost some grit when injury-plagued captain Ethan Moreau was picked up on waivers by the Columbus Blue Jackets. It was a bit of an inglorious end for the 34-year-old winger who has led the team in injuries and dirty work for years.

Toronto added some Stanley Cup grit with the acquisition of Kris Versteeg from the Chicago Blackhawks (along with prospect Bill Sweatt). Versteeg has scored 20 or more goals in each of the past two seasons. Going to Chicago were Viktor Stalberg and QMJHL forward prospects Chris DiDomenico and Philippe Paradis.

The Leafs also got more truculent by signing gritty forward Colby Armstrong to a three-year deal. Armstrong had 15 goals and 29 points in 79 games for the Atlanta Thrashers last season.

Montreal found two low-cost backups to Carey Price after shipping playoff savior Jaroslav Halak to the St. Louis Blues last month by signing goalies Alex Auld and Curtis Sanford to one-year deals. The Habs also signed forward Dustin Boyd to a one-year contract. The former Flame and Nashville Predator is a decent third- or fourth-liner.

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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.