CFL to amend financial rules in wake of secret deal

Football Betting Lines

06/16/2009 - Toronto, ON (Sportsbook Betting Lines) - The Canadian Football League has announced plans to change its financial rules after it was revealed that British Columbia Lions owner David Braley helped Howard Sokolowski and David Cynamon purchase the Toronto Argonauts out of bankruptcy in 2003.

The Toronto Globe & Mail first reported the secret transaction and the league responded with a statement acknowledging the pact. Both ownership groups also provided statements, and all three parties said the league's bylaws were not broken.

Braley, according to the Globe & Mail, paid half of the $2 million franchise fee for the purchase and continued to provide financial assistance to the Argos afterward.

The league, while saying it had no knowledge of the transaction at the time, said Braley never had a stake in the Argos and added that competition between the teams was never compromised.

"I have been informed that British Columbia Lions owner David Braley provided financial assistance to Toronto Argonaut owners Howard Sokolowski and David Cynamon, as they sought to strengthen our league by strengthening a storied franchise in our largest city," CFL commissioner Mark Cohon said in a statement. "There has been no suggestion, nor is there any evidence, that this financial transaction had any effect whatsoever on the competitive integrity of our game.

"There is every indication that all three of these gentlemen acted, and continue to act, out of love for the Canadian Football League and respect for its fans. There has also been no breach of the league's Constitution or its bylaws. However, there is clearly a need for improved transparency in such matters. And I intend to work with our Board of Governors to revise our rules so that such financial transactions, no matter how well intended, must be shared with the Commissioner and all governors."

Braley said it was only his intention to help the CFL and the Argonauts when he offered his financial assistance.

"I am a passionate supporter of our country and those things which make it unique and strong, including the Canadian Football League," Braley's statement read. "For that reason, at a difficult time in the history of the Toronto Argonauts, I offered Howard Sokolowski and David Cynamon financial assistance. While I am always willing to share my business advice and counsel with any of my fellow governors, I have never directed the operations of the Toronto Argonauts, and I have certainly never been an owner of the Toronto Argonauts."

Sokolowski and Cynamon offered a similar reply.

"To encourage the purchase of the Toronto Argonauts during a very difficult time in the team's history, David Braley offered financial assistance to us to make the transaction more attractive," Sokolowski and Cynamon stated. "This did not breach the league's Constitution or its bylaws. David Braley is not an owner of the Toronto Argonauts and has never been an owner of the Toronto Argonauts nor has he directed in any way the team's operations. David Braley is a staunch supporter of the CFL and has only ever acted to protect the league's best interests."

Gsmecenter Football Betting News


<< Rangers' Edu, Thomson face fitness races
Glasgow, Scotland (Sportsbook Betting Lines) - Rangers duo Maurice Edu and Kevin Thomson are struggling to win their races to be fit for the new season. Thomson is recovering after having cruciate ligament surgery while Edu injured his knee in the c

<< Spurs reach agreement with ex-boss Ramos
London, England (Sportsbook Betting Lines) - Tottenham has finally agreed a compensation package with Sevilla for former manager Juande Ramos. The Spaniard's appointment as manager at White Hart Lane in October 2007 annoyed Sevilla and they

<< Astros activate Matsui from 15-day disabled list
Arlington, TX (Sportsbook Betting Lines) - The Houston Astros activated second baseman Kazuo Matsui from the 15-day disabled list on Tuesday. Matsui had been on the DL since May 30, retroactive to May 26, with a strained right hamstring he suffered

<< Ballardini set for Lazio job
Rome, Italy (Sportsbook Betting Lines) - Former Palermo boss Davide Ballardini is set to be confirmed as the new coach of Lazio. Ballardini resigned after leading the Sicilian club to an eighth place finish in Serie A this season but is set to ma

<< Fighting an uphill battle
Philadelphia, PA (Sportsbook Betting Lines) - This week, the BCS will hear a proposal by the Mountain West Conference to bring about an eight-team playoff system for the national title. The only problem is, while the BCS will go through the motions, its

Hertha denies Favre wants to leave >>
Berlin, Germany (Sportsbook Betting Lines) - Hertha Berlin General manager Michael Preetz has rejected reports that unsettled coach Lucien Favre is poised to quit Hertha Berlin. Favre's future at the Berliner Olympiastadion has been the subject o

Nats activate Wells from DL >>
Bronx, NY (Sportsbook Betting Lines) - The Washington Nationals activated pitcher Kip Wells from the 15-day disabled list on Tuesday and optioned right-hander Jason Bergmann to Triple-A Syracuse. Wells has been on the disabled list since May

Villa opens talks with Tottenham's Bentley >>
Birmingham, England (Sportsbook Betting Lines) - Aston Villa have opened talks with David Bentley as they attempt to complete the signing of the Tottenham midfielder. The 24-year-old moved to White Hart Lane from Blackburn Rovers last summer in a 16mi

Villarreal to tighten its belt next season >>
Villarreal, Spain (Sportsbook Betting Lines) - President Fernando Roig has confirmed that Villarreal will be operating on a reduced budget next season. The Yellow Submarine will be coached by Ernesto Valverde next season following Manuel Pellegrini'

Report: Clemson extends Purnell through 2016 >>
Greenville, SC (Sportsbook Betting Lines) - Clemson head basketball coach Oliver Purnell has reportedly agreed to a contract extension that runs through the 2015-2016 season, according to the Greenville News. Purnell has been with the progr

Super Bowl XLIV Odds

Super Bowl XLIII isn't even a week old yet and oddsmakers have already released Super Bowl XLIV odds.

Despite the Pittsburgh Steelers winning Super Bowl 43, the New England Patriots are 8/1 favorites to win Super Bowl 44.

Bet Super Bowl XLIV Future Odds

With their 27-23 victory over the Arizona Cardinals in Super Bowl XLIII, the Steelers became the latest NFL champion. But believe it or not, oddsmakers from online sports book MySportsbook.com don't have the Steelers the favorites to win Super Bowl XLIV next season.

That honor belongs to the New England Patriots, who are 8/1 favorites to win despite not even qualify for the postseason in 2008. The Pats also have a major decision to make regarding what to do with Matt Cassel, who played well in Tom Brady's (knee surgery) absence last year but is also a free agent this offseason.

Ironically, the Steelers aren't even oddsmakers second choice to win Super Bowl 44, as the Dallas Cowboys are listed right behind the Patriots at 9/1 despite not making the playoffs themselves. Clearly oddsmakers think the public will hop back on the Cowboys' bandwagon considering the immense talent they have and the opening of a brand new stadium.

After Dallas, then comes Pittsburgh at 10/1, but they share those odds with the New York Giants, who won Super Bowl XLII. The Indianapolis Colts and San Diego Chargers round out the top six teams at 12/1, while the Baltimore Ravens (14/1), Tennessee Titans (16/1), Carolina Panthers (18/1) and Philadelphia Eagles (18/1) complete the top 10.

The NFC Champion Arizona Cardinals got no love from oddsmakers as they were established as a 30/1 long shot to win next year's Super Bowl. They share those same odds with the Chicago Bears and Tampa Bay Buccaneers – two teams that didn't even qualify for the postseason. Other long shots are the Kansas City Chiefs (100/1), Detroit Lions (100/1), St. Louis Rams (75/1) and Oakland Raiders (75/1).

To see a complete list of all the team's odds to win Super Bowl XLIV, check below.

NFL TEAM FUTURE ODDS TO WIN SUPER BOWL XLIV

New England Patriots 8/1

Dallas Cowboys 9/1

New York Giants 10/1

Pittsburgh Steelers 10/1

Indianapolis Colts 12/1

San Diego Chargers 12/1

Baltimore Ravens 14/1

Tennessee Titans 16/1

Carolina Panthers 18/1

Philadelphia Eagles 18/1

New Orleans Saints 20/1

Atlanta Falcons 25/1

Denver Broncos 25/1

Green Bay Packers 25/1

Jacksonville Jaguars 25/1

Minnesota Vikings 25/1

New York Jets 25/1

Arizona Cardinals 30/1

Chicago BearS 30/1

Tampa Bay Buccaneers 30/1

Buffalo Bills 35/1

Houston TexaNS 35/1

Miami Dolphins 35/1

Washington Redskins 35/1

Seattle SeahawkS 50/1

Cleveland Browns 55/1

Cincinnati Bengals 60/1

San Francisco 49ers 60/1

Oakland Raiders 75/1

St. Louis Rams 75/1

Detroit Lions 100/1

Kansas City Chiefs 100/1

Odds as of: 2/2/09

Bet Super Bowl XLIV Future Odds

To visit this online sportsbook go to MySportsbook.com for all your NFL football betting needs.

American Idol Betting Season 6 Strategies  

It's that time of year folks.  Betting on American Idol Season 9.  And we have plenty of American Idol Season 6 strategies appearing below.  With the Top 24 finalists revealed, online gambling sites will be offering betting odds on each of them, including MySportsbook.com.

No other “event” has been growing as fast as wagering on American Idol. It has turned into a huge betting event with reasonably high limits and all sorts of profit-making potential for sharp bettors. Last year, MySportsbook.com experienced unprecedented traffic as a result of the American Idol betting craze.

Every week there will be odds to win American Idol, various elimination props and contestant versus contestant match-ups at the MySportsbook.com website.

Whether a fan of America’s top-rated show or watching only because of a wife or girlfriend, here are some of basic strategies to use when betting American Idol.

Odds to Win

There are a few things to consider when looking for the right win bet. First off, remember that this bet is for the long haul. Many people make the mistake of picking the performer who sang the best the previous week. This strategy leads to an underlay situation – betting a price, which is less than what it should be.

All Idol contestants struggle at some point in the competition, so you should always look for value. In last year’s competition alone, two performers who had some of the best performances early in the series were subsequently bet down to low prices - Lisa Tucker and Ace Young. After just a few weeks, Tucker had already been eliminated, while Young quickly became a huge long shot to win America’s largest talent search.

A better strategy is to look for performers who don’t necessarily get the praise from the judges, but show flashes of the talent necessary to go the distance.

Another important thing to remember when betting any contestant to win is the demographic breakdown of the voters, the viewing public and potential future CD purchasers. Unlike sporting events, American Idol is not decided on the field of play – it’s decided by the American public under the guiding influence of the shows producers.

Understand that the great state of Alabama has a mighty edge when it comes to American Idol. 

Therefore, to be successful betting on American Idol, put any personal opinions or prejudices aside and think like the majority of the voting public. Remember that the typical voter is young, female and quite often, Southern.

If a contestant cannot appeal to this demographic, no matter how much talent he or she possesses, they’ll struggle for votes. Looks, demeanor and charisma are extremely important. And it’s no coincidence that every Idol winner so far has hailed from a Southern state.

Elimination Props

Every week MySportsbook.com anticipates offering a prop on who’ll be eliminated from the show each Wednesday night. A suggestion to handicap this is to gauge an overall feel for who’s the least popular contestant left in the competition. Generally the least popular performers have recently appeared in the bottom three and will have been the target of repeated criticism from the judges.

Last year, resources included dialidol.com and votefortheworst.com. Dialidol.com measures the volume of each contestant’s voting line. While by no means a perfect science, it does give a good indication of who is generating votes and who isn’t. Meanwhile, votefortheworst.com is a site that attempts to build support for the worst competitor to keep them in the competition for ‘entertainment’ value. The site has a proven track record of keeping performers around who most feel should have been voted off a long time ago.

Contestant vs. Contestant Match-ups

The best strategy for doing well on match-ups is to assess how close either of the contestants is to being eliminated. If neither is expected to be voted off of the show in the coming weeks, the value is almost always on the underdog. If both are expecting an imminent exit in the near future, the favorite in the match-up might offer value.

Watch for American Idol betting odds on each of the contestants shortly and good luck with these American Idol betting strategies.

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.