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07/19/2010 - Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers have named Rich Cho as the team's new general manager.
No financial terms of the deal were announced.
Cho had spent the past nine seasons as assistant GM of the Seattle SuperSonics/Oklahoma City Thunder and was responsible for constructing trades, contract negotiations, salary cap and Collective Bargaining Agreement matters, player contracts and all player personnel issues.
"Rich Cho joins us as one of the new generation of general managers in the NBA," said team owner Paul Allen. "We were all impressed with the depth and breadth of his skill-set and we know his leadership will be critical to make our great organization even more successful."
The 44-year-old Cho was initially an intern with Seattle before becoming a part-time consultant in 1997. Later that year, he was brought on as the team's director of basketball affairs and held the position for three years until his promotion to assistant GM.
He also served as vice president of legal affairs for the Sonics from 2005-07 and was charged with the legal work involved with sponsorship agreements, licensing issues, immigration issues and employment contracts.
"Rich is the perfect fit for our organization," said team president Larry Miller. "He has the right balance of basketball knowledge, business acumen and tremendous people skills. Rich will be a great fit for our organization and is an executive on the rise."
Cho,who grew up in Federal Way, Washington and graduated from Washington State University, said he is thrilled to be joining the Blazers.
"As someone who grew up in the northwest, I'm aware of the unbelievable passion and support that Trail Blazers fans have, and I'm excited to be a part of this rich tradition."
Portland finished sixth in the Western Conference last season with a 50-32 mark and fell to the Phoenix Suns in the first round of the playoffs.
<< NL West: Injuries piling up in LA
(Sportsbook Betting Lines) - Imagine the San Diego Padres trying to stay atop the NL
West standings without Adrian Gonzalez, Chase Headley and Yorvit Torrealba.
The Los Angeles Dodgers would certainly enjoy seeing that happen, but they're
the one
<< Hurricanes sign C Nash
Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes have signed center
Riley Nash to a three-year, entry-level contract.
The deal will pay Nash $550,000 in 2010-11, $600,000 in 2011-12 and $700,000
in 2012-13 at the NHL level.
H
<< Wrong year for Life At Ten to be so good
Philadelphia, PA (Sportsbook Betting Lines) - When the two leading thoroughbreds in
training are also the top female racehorses in the country, it becomes
difficult for any other filly or mare to get recognized.
This is the situation that confronts fi
<< Celtics re-sign Nate Robinson
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have re-signed guard Nate
Robinson.
Terms of the deal were not released, but the Boston Herald reported last week
that the diminutive guard agreed to a two-year, $8 million pact.
Bosto
Miyazato replaces Kerr as women's No. 1 >>
Philadelphia, PA (Sportsbook Betting Lines) - Ai Miyazato has replaced Cristie Kerr atop
the world rankings for women's golf.
The two players are just about tied, with Miyazato holding a lead of 0.0006
average points over Kerr.
Kerr snatched t
Rays sign OF Baldelli to minor league deal >>
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays signed veteran
outfielder Rocco Baldelli to a minor league contract on Monday and assigned
him to Single-A Charlotte.
The 28-year-old was taken with the sixth overall pick b
Galarraga rejoins Tigers >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Tigers have recalled pitcher
Armando Galarraga from Triple-A Toledo.
The right-hander was sent to the minor leagues on July 7 following his start
the day before against Baltimore, when he
Olaru among winners in Bad Gastein >>
Bad Gastein, Austria (Sportsbook Betting Lines) - Ioana Raluca Olaru of Romania was
among the first-round winners Monday at the Gastein Ladies tennis tournament.
Olaru rallied for a 1-6, 6-4, 6-3 victory over Germany's Kathrin Woerle on the
red
Academy Award Betting Odds for Best Picture Offer Great Value
If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture. Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
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In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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