Report: Two UConn assistants resign

NCAA Basketball Betting Lines

05/27/2010 - Storrs, CT (Sportsbook Betting Lines) - The University of Connecticut has called a news conference for 10 a.m. (et) Friday at Gampel Pavilion, when the school is expected to disclose its review of possible recruiting violations in the men's basketball program.

The Hartford Courant reported Thursday night that assistant coach Patrick Sellers and director of basketball operations Beau Archibald have resigned from the staff due to the allegations that were first reported by Yahoo! Sports in March 2009.

UConn reportedly violated NCAA rules in the recruitment of Nate Miles, who was expelled from school in October of 2008 without even practicing with the Huskies. Yahoo! Sports conducted a six-month investigation and said Miles was provided with lodging, meals and transportation by Josh Nochimson -- a professional agent and a former UConn student manager.

Since Nochimson had a relationship with UConn basketball, the NCAA defines him as a person with "athletic interests" for the school. Therefore, he would be unable to be involved in the recruiting process.

The report also stated that the UConn basketball staff, including five different coaches, had at least 1,565 phone and text communications with Nochimson during Miles' recruitment between 2006 and 2008. Connecticut head coach Jim Calhoun was said to have been involved in 16 of those calls.

The Yahoo! report indicated that former UConn assistant coach Tom Moore made 27 calls to people close to Miles in December 2006. The NCAA permits just one call per month to prospective recruits in a player's junior year of high school.

Moore, according to the Yahoo! report, knew Miles had a relationship with Nochimson, another potential NCAA violation. Moore has since left UConn and is the head coach at Quinnipiac University.

The report states that Nochimson advised Miles, who eventually enrolled at UConn in June 2008 after attending five high schools in four different states.

In late September 2008, Miles was arrested by UConn campus police and issued a restraining order after a female student said she was physically and sexually assaulted by him. Miles then made contact with the woman, leading to felony charges of violating a restraining order.

The school expelled Miles in early October before basketball practice began. Miles eventually enrolled at the College of Southern Idaho.

Calhoun received a five-year contract extension through the 2014 season earlier this month. The Courant reports Calhoun, athletic director Jeff Hathaway and Rick Evrard, the school's outside counsel for NCAA-related matters, will be at the press conference.

Jazzsportd NCAA Basketball Betting News


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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.

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