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02/21/2012 - Hamilton, ON (Sportsbook Betting Lines) - It's a quote that can come back and bite you.
"The (Hamilton) Tiger-Cats are on the threshold of being the type of team to win the Grey Cup."
Those words came from Hamilton general manager Bob O'Billovich at a news conference Tuesday to unveil the biggest free-agent signing in the CFL offseason. The Tiger-Cats, who made it to the Eastern Final in Winnipeg last season, went halfway around the world to get the player they wanted.
Last Friday, they announced the signing of slotback Andy Fantuz to a four-year deal worth a reported $180,000-plus per year.
Fantuz established himself as one of the league's top receivers during his six seasons (2006-11) with the Saskatchewan Roughriders. In 77 regular-season games, he has 289 receptions for 4,311 yards and 23 touchdowns.
Fantuz, a 6-foot-4, 220-pound native of Chatham, Ontario, was on vacation in Tanzania when new coach George Cortez made the initial call at the start of the free agency window.
Fantuz admitted it was a tough decision to leave Saskatchewan.
"You never know if the grass is greener on the other side or not," he said. "Having something that was very stable made it tough to leave. But, I've always wanted to come back home and play here in Southwestern Ontario."
He also seemed surprised that some Riders fans, and some members of the media, wondered why he'd leave the continent during the start of the free agent process.
"It was just an opportunity where I could get away for a few weeks," he explained. "The timing didn't have to do with the free agent deadline. I wanted to maximize my trip there. When you're going halfway across the world, it happened to be at the same time. I spoke with my agent about it, and he said it's OK, it's not a big deal, and we'll be able to get it done. We'll have a phone, we'll have e-mail. I was next to my phone the entire time."
The 2010 season was Fantuz's most productive. He was named the CFL's Most Outstanding Canadian that season, after catching 87 passes for 1,380 yards and six touchdowns.
In 2011, Fantuz played in four games with the Riders after attending training camp with the NFL's Chicago Bears.
Fantuz helped the Roughriders reach three Grey Cup finals in the first five years of his career and was named Most Valuable Canadian in Saskatchewan's 2007 championship win over Winnipeg, catching four passes for 70 yards and one touchdown.
The 28-year-old was selected by the Riders with the third overall pick in the 2006 CFL Canadian Draft after a record-setting CIS career at Western. He was the recipient of the Hec Crighton award as the top player in CIS football in 2005.
He said he can't wait for the season to start.
"I definitely feel this team has a shot at the Grey Cup. I know Saskatchewan is rebuilding, and I'd love to meet them in the Grey Cup to be honest with you." he said with a laugh. "But, this team has a lot of good pieces, and they've been strong for a few years, but just couldn't get over the hump."
On Jan. 3, the Tabbies picked up quarterback Henry Burris from Calgary in a trade, sending quarterback Kevin Glenn, offensive lineman Mark DeWit and a conditional draft pick.
Burris and Cortez have worked together previously, most recently between 2007-2009 when Cortez served as offensive coordinator and associate head coach of the Calgary Stampeders.
The Stampeders offense had a banner year under Cortez in 2008, with Burris earning the West Division Most Outstanding Player award after throwing for 5,094 yards and 39 touchdowns. Burris also was named the Grey Cup MVP after totaling 443 yards of offence in Calgary's championship win over the Montreal Alouettes.
One day later, the Tiger-Cats announced the signing of three more free agents, non-import linebacker Kevin Eiben, import defensive end Greg Peach and non- import offensive lineman Tim O'Neill.
Eiben, a 6-1, 216-pounder, joins the Tiger-Cats after 11 seasons with the Toronto Argonauts. He's been an East Division All-Star four times and a CFL All-Star three times, and was named the East Division's Most Outstanding Canadian in 2004.
Peach, a 6-3, 255-pound native of Vancouver, Wash., had 94 defensive stops and 13 quarterback sacks in the previous three seasons with the Edmonton Eskimos. The Eastern Washington graduate and 2008 Buck Buchanan Award winner, played in 12 games with the Eskimos last season, making 21 defensive tackles and three sacks in 12 regular-season games before adding six tackles and two sacks in two playoff games.
O'Neill, a 6-3, 305-pound native of Victoria, British Columbia, spent the last four years with the Calgary Stampeders, suiting up in 68 games as a guard and center. Last season, he dressed in all 18 regular-season games, starting 15 at center.
A 2005 third-round selection of the Edmonton Eskimos, O'Neill captured a Grey Cup championship with the Stampeders in 2008.
With a new coaching staff, and new players added to the lineup, the feeling around the CFL is the Tiger-Cats may have done more than any other team to bolster their lineup in the offseason.
The question now is ... will it be good enough?
SCHEDULE NOTES
The CFL has released its 2012 schedule. In an ironic twist, the Tiger-Cats open up the regular season, on Friday, June 29, when they host Fantuz's former team, Saskatchewan at Ivor Wynne Stadium.
Because Ivor Wynne Stadium is being torn down and renovated at the end of the 2012 season, don't be surprised if the Labour Day Classic between the Argos and Tiger-Cats is played at the Rogers Center in Toronto in 2013.
Ted Michaels is a news and sportscaster on AM 900 CHML in Hamilton, Ontario.
Comments? Criticism? Applause? ted@900chml.com.
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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.
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