Welsh resigns as Hofstra's hoops coach following arrest

NCAA Basketball Betting Lines

05/03/2010 - Hempstead, NY (Sportsbook Betting Lines) - Hofstra University announced Monday that Tim Welsh has resigned as head men's basketball coach, just three days after he was arrested for a reported DWI.

The school said in a statement that Welsh resigned "in the best interests of the university and of the men's basketball program."

According to the New York Daily News, the 49-year-old Welsh was found asleep at the wheel at a green light early Friday morning in Levittown. He registered a .18 on a breath test, more than twice the legal limit, and was charged with driving while intoxicated. He was later arraigned and pleaded not guilty.

Hofstra subsequently suspended Welsh, who was hired on March 31 to replace Tom Pecora.

The New York native and former ESPN commentator also coached at Providence and Iona.

Sporsillustrated NCAA Basketball Betting News

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MySportsbook.com: NBA Championship Odds

With the playoffs about two months away, the top two teams in the Western Conference are the clear cut leaders to win the NBA Championship. The Dallas Mavericks have the best record in the NBA (44-9) and have been absolutely scorching since the second week of the season.  What makes the Mavs’ record more impressive is the fact that they dropped their first four games of the season.  Currently they have won 17 out of their last 18 and are MySportsbook.com’s favorite (2-1) to win it all.  Right behind the Mavs are the Pacific leading Phoenix Suns (39-13).  Last season, the Suns lost in the Conference Finals to non-other then the Mavericks four games to two.  Of course the Suns were without center Amare Stoudemire who has is averaging 19.9 PPG and 9.5 RPG since coming back from his knee injury.  Unlike the Mavs, the Suns have struggled a bit lately having lost their last three and four out of their last seven.  Of course the main reason for their three straight loses is due to the absence of two time MVP Steve Nash, who is out with a shoulder injury.  Heads-up, the Mavs have beaten the Suns in both of their meetings this season.

In the Eastern Conference, the Pistons (32-19) are the favorites to win it all at 6-1. The addition of Chris Webber seems to have been a good move for the Pistons.  Since coming over from the 76ers, Webber has averaged 13.1 PPG and 7.3 RPG and the Pistons are 11-4.  Even though the defending champion Heat are currently on the playoff making cusp, they are the Eastern Conference team that is getting the most action to win it all (9-1).  The fact that Shaquille O’Neal is back in the starting lineup after missing 39 games probably has something to do with this.  No doubt, Shaq makes a difference when in the lineup as their winning six out of their last seven would indicate.

Just because it is the All-Star break doesn’t mean that you can’t bet on NBA hoops this weekend.  Be sure to log onto MySportsbook.com to bet on who you think will cut down the nets this July. Also, be sure to check out all of the lines and props for All-Star weekend.  With the highest credit card acceptance rate in the industry, there are plenty of ways to cash in on the NBA this weekend.

MySportsbook.com’s NBA Championship odds:

Atlanta Hawks 1000-1

Boston Celtics 5000-1

Charlotte Bobcats 5000-1

Chicago Bulls 20-1

Cleveland Cavaliers 20-1

Dallas Mavericks 2-1

Denver Nuggets 25-1

Detroit Pistons 6-1

Golden State Warriors 250-1

Houston Rockets 12-1

Indiana Pacers 60-1

Los Angeles Clippers 45-1

Memphis Grizzlies 5000-1

Miami Heat 9-1

Milwaukee Bucks 1000-1

Minnesota T-Wolves 200-1

New Jersey Nets 50-1

New Orleans Hornets 150-1

New York Knicks 150-1

Orlando Magic 75-1

Philadelphia 76ers 1000-1

Phoenix Suns 5-2

Portland TrailBlazers 1000-1

Sacramento Kings 250-1

San Antonio Spurs 9-1

Seattle Sonics 5000-1

Toronto Raptors 35-1

Utah Jazz 20-1

Washington Wizards 25-1

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MySportsbook.com  is the largest sportsbook and casino on the planet, where millions of adult Americans bet on sports, play poker and enjoy blackjack and other casino games online in a regulated and licensed jurisdiction. Named the "Best online Sports Book" by the industry's top magazine, eGaming Review, MySportsbook.com has been leading the online gaming industry since 1996. Dwarfing its nearest competitors in the US, MySportsbook.com has been the first to achieve every significant industry milestone, from record turnover to active users to number of bets--achieving a peak of fifteen bets per second. As the US online gaming leader, the firm and it's products have been featured on CBS 60 Minutes, CNN, ESPN, Wall Street Journal, Barrons, Financial Times, USA Today and in every major newspaper in the US.

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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!

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