Rangers sale approved by MLB

Baseball Betting Lines

08/12/2010 - New York, NY (Sportsbook Betting Lines) - Major League Baseball has approved the sale of the Texas Rangers from Tom Hicks to a group led by Chuck Greenberg and Nolan Ryan.

The lengthy process finally came to a close Thursday after the Greenberg-Ryan group prevailed in an auction last week to purchase the club out of bankruptcy.

Ryan and Greenberg outbid the tandem of Dallas Mavericks owner Mark Cuban and Houston businessman Jim Crane. The winning bid was $593 million, topping the Cuban-Crane reported offer of $581.2 million.

"I am very pleased that Chuck, Nolan and their impressive ownership group have been approved as the new leadership of the Texas Rangers franchise," said MLB commissioner Bud Selig. "Chuck and Nolan have demonstrated an unwavering commitment to the Rangers. Their passion for Major League Baseball as a whole and particularly the future of baseball in Texas is exemplary."

Greenberg, a Pittsburgh attorney, will serve as the new ownership's control person, while the legendary Ryan will remain as the club's president.

"I can't tell you how excited we are to complete our purchase of the Texas Rangers," commented Greenberg. "It's been a long journey, but well worth the wait. We believe that this franchise belongs to all of its fans, and we pledge to be passionate in all we do to bring you the very best on and off the field."

Ryan and Greenberg had reached an agreement on January 23 to purchase the team and the land around the Ballpark in Arlington for $575 million. The Rangers filed for bankruptcy in May, but the lenders who hold the debt on Hicks Sports Group ultimately objected to the sale with the belief that the team could fetch more money.

"In addition, I want to thank the Rangers' fans for their patience throughout this difficult process," Selig added. "I am confident that Chuck, Nolan and the entire ownership group will serve as dedicated stewards of this club by building a long-term, stable franchise which values its standing in the Dallas-Fort Worth communities. I am glad that the Rangers' great season on the field will get the attention it deserves during the pennant race."

The Rangers are 65-48 and lead the American League West by 7 1/2 games over the Angels.

"We can now turn our full attention to continuing what has been a great season on the field," said Ryan. "We thank the fans and the community for their tremendous loyalty and support and we look forward to the excitement as we head down the stretch and into October."

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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.