Lakers: Kobe will return from knee surgery by camp

Basketball Betting Lines

07/23/2010 -

LOS ANGELES (AP) -The Los Angeles Lakers say Kobe Bryant recently underwent arthroscopic surgery on his right knee.

Bryant will be fully recovered well before training camp opens Sept. 25, the Lakers said in a brief statement Friday. The two-time NBA finals MVP underwent surgery last week.

His knee was drained of fluid early in the playoffs, and he played through several additional injuries while leading the Lakers to their second straight title.

The Lakers said last month that Bryant likely would have surgery this summer to clean up his knee. It wasn't considered urgent, and he made a trip to South Africa for the World Cup before getting it done.

The team hasn't announced whether Bryant will have surgery on his injured index finger.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

Wwwwon Basketball Betting News

<< Peters takes truck pole at ORP
Clermont, IN (Sportsbook Betting Lines) - Timothy Peters will start on the pole for Friday's AAA Insurance 200 Camping World Truck Series race after topping the qualifying charts at O'Reilly Raceway Park at Indianapolis. Peters turned a lap of

<< Royals' DeJesus out for the year
Bronx, NY (Sportsbook Betting Lines) - Kansas City Royals outfielder David DeJesus is scheduled to undergo season-ending surgery on his right thumb after further examination showed a complete tear of the ulnar collateral ligament. Earlier Frida

<< Bolts sign C Pouliot; add Fleming to coaching staff
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Lightning on Friday signed center Marc-Antoine Pouliot to a one-year, two-way contract. The 25-year-old Pouliot registered seven goals and 14 points in 35 games with Edmonton last season. "He

<< Athletics sign Suzuki to new 4-year contract
OAKLAND, Calif. (AP) -The Oakland Athletics have signed catcher Kurt Suzuki to a new four-year contract that keeps him locked up through his arbitration years.The deal announced Friday supersedes his previous 2010 contract and includes a club option

<< Swisher out of Yanks lineup with sore heel
NEW YORK (AP) -Right fielder Nick Swisher was a late scratch from the New York Yankees' lineup because he woke up with a sore left Achilles' heel.Swisher was initially set to bat second Friday, but when he arrived at Yankee Stadium before the game a

Red Sox activate Beckett for Friday's start >>
Seattle, WA (Sportsbook Betting Lines) - The Boston Red Sox activated Josh Beckett to start Friday's game in Seattle after he spent more than two months on the disabled list with a lower back strain. Beckett has been out the last 56 games si

Jays-Tigers postponed; doubleheader slated for Sunday >>
Detroit, MI (Sportsbook Betting Lines) - The second test of a four-game series between the Toronto Blue Jays and Detroit Tigers at Comerica Park has been postponed due to rain. The game will be made up as part of a day-night doubleheader on Sund

Putnam one clear in Columbus >>
Columbus, OH (Sportsbook Betting Lines) - Michael Putnam carded a two-under 69 in windy conditions Friday to grab a one-stroke lead after two rounds of the Nationwide Children's Hospital Invitational. Putnam, who is in search of his first Nationw

Lakers' Bryant has knee surgery >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Lakers announced Kobe Bryant recently underwent arthroscopic surgery on his right knee. The team released a statement saying the two-time defending Finals MVP had the procedure done l

Selig weighs in on A's stadium issue >>
San Jose, CA (Sportsbook Betting Lines) - Baseball commissioner Bud Selig released a statement Friday saying he was disappointed that San Jose mayor Chuck Reed would ask the city council to put a ballpark measure on the ballot for Novembe

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.