Cavs waive Thompson

Basketball Betting Lines

02/06/2012 - Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers waived guard Mychel Thompson on Monday.

The rookie played in five games this season and averaged 3.6 points and 1.4 assists in 19 minutes per game.

Wwwbetus Basketball Betting News

<< Chiefs name Daboll offensive coordinator
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs hired Brian Daboll as their new offensive coordinator on Monday. Daboll joins Kansas City after serving as the Miami offensive coordinator in 2011. His team had a 1,000-yard r

<< Cards ink Cora to minor league deal
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals have signed infielder Alex Cora to a minor league contract with an invitation to spring training. Cora appeared in 91 games for Washington last season and batted .224. He's also pl

<< Warriors waive Barron
Oakland, CA (Sportsbook Betting Lines) - The Golden State Warriors have waived center Earl Barron and recalled forward Chris Wright from the Dakota Wizards of the NBA Development League. Barron averaged 2.0 points in just two games for the

<< In the FCS Huddle: QB openings not for the faint of heart
Philadelphia, PA (Sportsbook Betting Lines) - You don't have to be Tim Tebow to be the most scrutinized quarterback around. The light in the microscope usually shines brightest on any team's signal- caller. Considering big expectations follow the s

<< Sabres coach Ruff suffers injury at practice
Buffalo, NY (Sportsbook Betting Lines) - Buffalo Sabres head coach Lindy Ruff had to be helped off the ice during Monday's practice after colliding with Jordan Leopold, according to the team's Twitter page. The Sabres had no update on Ruff's s

Baylor again a unanimous top choice in women's hoops >>
New York, NY (Sportsbook Betting Lines) - Baylor is once again a unanimous choice as the No. 1 team in the Associated Press women's college basketball poll. The undefeated Lady Bears received all 40 first-place votes and a total of 1,000 points f

Pierce, Parker named NBA Players of the Week >>
New York, NY (Sportsbook Betting Lines) - Boston Celtics forward Paul Pierce and San Antonio Spurs guard Tony Parker were named the Eastern and Western Conference Players of the Week, respectively, for the week ending February 5. Pierce averag

Super Bowl hangover: Catching you up on college hoops >>
Philadelphia, PA (Sportsbook Betting Lines) - Perhaps the AFC needs some new blood. That was my prevailing thought after last night's highly entertaining Super Bowl, the New York Giants' second with Eli Manning under center in the last five seasons. P

Rangers give Conor Jackson, Beimel minor league deals >>
Arlington, TX (Sportsbook Betting Lines) - The Texas Rangers have signed left-handed pitcher Joe Beimel and first baseman/outfielder Conor Jackson to minor league contracts with invitations to spring training. Beimel went 1-1 with a 5.33 earned r

Boeljon moves into top 50 in women's rankings >>
Philadelphia, PA (Sportsbook Betting Lines) - Christel Boeljon came from three strokes back to win the Australian Ladies Masters on Sunday and that helped her jump 16 spots in this week's women's world rankings. Boeljon, who played in her first


Online Sportsbook Football Betting

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:

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.

Sports Betting Parlays

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.

Betting Teasers

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.