Falcons re-sign nine players

Football Betting Lines

03/03/2009 - Flowery Branch, GA (Sportsbook Betting Lines) - The Atlanta Falcons have re-signed tight end Justin Peelle, linebackers Coy Wire and Tony Gilbert, defensive tackle Jason Jefferson, offensive lineman Ben Wilkerson and safety Jamaal Fudge, the club announced Tuesday.

The team also signed running back Jason Snelling, cornerback Brent Grimes and safety Antonie Harris to exclusive rights contracts.

Peelle competed in 16 games -- 11 starts -- for the Falcons in 2008, and caught 15 passes for 159 yards and two touchdowns. He also had three receptions for 11 yards and a score in Atlanta's Wild Card round playoff contest against Arizona.

In seven NFL seasons, spent with San Diego, Miami and Atlanta, Peelle has 100 career catches for 773 yards and nine TDs.

Wire spent the first six seasons of his NFL career with Buffalo before signing as a free agent with Atlanta prior to the 2008 season. Last season, Wire had 24 tackles, and over his career has compiled 188 tackles, five sacks and one forced fumble.

Gilbert, a five-year veteran, was inactive last season, while Jefferson saw action in 13 games, making nine tackles and recovering a fumble.

Fudge was claimed off waivers by Atlanta this past September, and had 12 tackles in 10 games.

Snelling, a seventh-round selection in the 2007 NFL Draft by Atlanta, has 15 carries for 62 yards last season, as well as eight catches for 89 yards.

Grimes made 36 tackles for Atlanta last season in 12 games -- six starts.

Harris played in 12 games last season before being placed on injured reserve in December.

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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.

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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).

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.

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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.

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MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover.

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