Wizards re-sign F Josh Howard

Basketball Betting Lines

07/30/2010 - Washington, DC (Sportsbook Betting Lines) - The Washington Wizards signed free agent forward Josh Howard to a one-year deal Friday.

Per team policy, terms of the deal were not disclosed. However, TNT analyst David Aldridge reported earlier in the week that the deal could pay the veteran up to $4 million if he is able to reach incentive clauses.

The Wizards acquired Howard from Dallas in February as part of a seven-player deal that sent forward Caron Butler to the Mavericks.

He suffered a torn ACL in his left knee a week after he was traded and missed the remainder of the season after playing in only four games for the Wizards.

"We were impressed with Josh's versatility, how well he fit in with our team and his attitude and work ethic both before and after his unfortunate knee injury," said Wizards president Ernie Grunfeld. "His experience playing in a winning situation makes him an ideal veteran presence for us as we develop our roster of young talent."

A product of Wake Forest, Howard averaged 12.7 points and 3.6 rebounds in 35 total games last season for the Mavs and Wizards.

Over his seven-year career, with those two teams, he has posted per game averages of 15.3 points and six boards in 435 contests, 371 as a starter.

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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.

Matt Kenseth And Kevin Harvick Favorites To Take NASCAR Nextel Cup Championship

(September 15)—The NASCAR season has hit the homestretch with the opening event on this year’s Chase for the Cup taking place this weekend at the Sylvania 300 at New Hampshire International Speedway. With 10 races remaining to determine the Cup Series champion, leading online sportsbook MySportsbook.com today announced odds on all 10 Chase qualifying drivers capturing the NASCAR Sprint Cup Championship.

One of the largest sportsbook sites on the Internet, MySportsbook.com currently lists the top two drivers in the point standings as the early favorites to win the Nextel Cup. Entering the Chase for the Cup with a slim five-point lead in the point standings, 2003 NASCAR champ Matt Kenseth has been made a slight favorite to win his second Cup at 7/2 betting odds. 2001 Cup Rookie of the Year Kevin Harvick has betting odds listed at 5/2 and four-time NASCAR champion Jeff Gordon is listed at 6/1 to capture the Nextel Cup this year.

Hoping to follow in the footsteps of his legendary father who won six NASCAR titles, Dale Earnhardt Jr. stands at 8/1 to breakthrough with his first Cup victory. Staying with the family theme, MySportsbook.com lists 2005 Rookie of the Year Kyle Busch at 14/1 to succeed big brother Kurt’s 2004 NASCAR title. While Kasey Kahne was the final driver to qualify for the Chase with a third place finish last week, the oddsmakers give him a fighting chance at 10/1 mainly due to several mile-and-a-half tracks remaining on the schedule. Despite going winless on the NASCAR circuit this season, Jeff Burton enters the Chase at 5/1 to capture the Cup title. Meanwhile, rookie Denny Hamlin is 4/1 to win the championship, while veteran driver Mark Martin enters the Chase for the Cup as a 15/1 long shot to win his first NASCAR title in his 24th and final season.

MySportsbook.com will offer comprehensive Nascar betting lines on every race remaining on the Nextel Cup series including driver match-ups, props and odds to win each race. For a complete list of NASCAR odds, please visit www.MySportsbook.com.

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts US credit cards needs.