Bulls release G Hunter, sign Richard

Basketball Betting Lines

03/03/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls released veteran guard Lindsey Hunter and signed forward Chris Richard to a contract for the rest of the season on Wednesday.

The 39-year-old Hunter appeared in 13 games this season and averaged one point and 1.1 rebounds. For his career, the Jackson State product, who was selected with the 10th overall pick in the 1993 draft by Detroit has posted averages of 8.5 points and 2.7 assists in 937 games -- 439 starts -- with the Pistons, Milwaukee, Los Angeles Lakers, Toronto and the Bulls.

Richard played in five games for Chicago this season before getting waived on February 18 and averaged 2.2 points and 4.6 rebounds in over 14 minutes per game.

He also appeared in 12 games for Tulsa of the NBA Development League and had averages of 8.9 points, and 8.1 rebounds in 29.1 mpg.

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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.

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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).

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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.

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