Cavs ink Kyle Lowry to offer sheet

Basketball Betting Lines

07/14/2010 - Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have made their first move of the post-LeBron James era, signing restricted free-agent guard Kyle Lowry to an offer sheet.

Terms of the contract were not disclosed, but the Cleveland Plain Dealer reports the pact is for three years with a team option for a fourth that could bump the deal's value to $24 million.

Lowry averaged 9.1 points, 4.5 assists and 3.6 rebounds over 68 games last season for the Houston Rockets, who will have seven days to match Cleveland's offer.

The 24-year-old was originally selected by Memphis with the 24th overall pick in the 2006 draft out of Villanova. He was part of a three-team trade during the 2008-09 season that landed him in Houston.

In 237 career games between the two teams, including 30 starts, Lowry has posted averages of 8.7 points, 3.8 assists and 3.0 rebounds while seeing time in 23.6 minutes per contest.

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2007 Academy Award Betting : Oscars odds

The 79th Annual Academy Awards odds , which will air February 25th, is sparking an interest throughout the nation with the announcement of its nominees. As the public chooses their favorites, sportsbooks are creating odds for one of the biggest entertainment betting nights of the year.

Whether its at a “Oscar Party” or in an on line sportsbook, entertainment gambling on award shows represent a huge increase in betting. As the public speculation mounts, MySportsbook.com, the largest and most respected sportsbook on the web, posted odds on who is going home with a “Golden Best Friend.”

“ We see a majority of our entertainment wagers come from the Academy Awards,” said MySportsbook.com spokesperson, Tim Dalton. “This is a competition that applies to everyone. These are the people that entertain us on a daily basis and you want to see them win.”

MySportsbook.com posted the following odds for Academy Awards:

Odds to win the Achievement in Directing:

Alejandro González Iñárritu "Babel": 8/1

Martin Scorsese "The Departed": 2/17

Clint Eastwood "Letters From Iwo Jima: 4/1

Stephen Frears "The Queen": 12/1

Paul Greengrass "United 93": 15/1

Performance by an Actor in a Leading Role:

Leonardo DiCaprio in "Blood Diamond": 11/1

Ryan Gosling in "Half Nelson": 20/1

Peter O’Toole in "Venus": 16/5

Will Smith in "The Pursuit of Happyness": 16/1

Forest Whitaker in "The Last King of Scotland": 1/11

Performance by an Actress in a Leading Role:

Penélope Cruz in "Volver": 18/1

Judi Dench in "Notes on a Scandal": 15/1

Helen Mirren in "The Queen": 1/50

Meryl Streep in "The Devil Wears Prada": 10/1

Kate Winslet in "Little Children": 20/1

Best Animated Feature Film:

"Cars": 1/3

"Happy Feet": 2/1

"Monster House": 20/1

Best Foreign-Language Film of the Year:

"Water" – Canada: 22/1

"The Lives of Others" – Germany: 7/2

"After the Wedding" - Denmark: 24/1

"Days of Glory (Indigenes)" – Algeria: 23/1

"Pan's Labyrinth" - Mexico: 1/10

Odds to win the Best Live-Action Short Film:

"Binta and the Great Idea (Binta Y La Gran Idea)": 6/5

"Eramos Pocos (One Too Many)": 7/2

"Helmer & Son": 5/2

"The Saviour": 6/1

"West Bank Story": 7/2

Odds to win the Best Original Screenplay:

"Babel": 7/4

"Letters From Iwo Jima": 3/1

"Little Miss Sunshine": 21/20

"Pan's Labyrinth": 11/4

"The Queen": 5/4

Best Motion Picture of the Year:

"Babel": 11/4

"The Departed": 1/2

"Letters from Iwo Jima": 15/2

"Little Miss Sunshine": 17/10

"The Queen": 20/1

Performance by an Actor in a Supporting Role:

Alan Arkin in "Little Miss Sunshine": 11/10

Jackie Earle Haley in "Little Children": 10/1

Djimon Hounsou in "Blood Diamond": 9/1

Eddie Murphy in "Dreamgirls": 2/5

Mark Wahlberg in "The Departed": 5/1

Performance by an Actress in a Supporting Role:

Adriana Barraza in "Babel": 14/1

Cate Blanchett in "Notes on a Scandal": 11/1

Abigail Breslin in "Little Miss Sunshine": 2/1

Jennifer Hudson in "Dreamgirls": 1/8

Rinko Kikuchi in "Babel": 11/1

Film To Win Most Oscars:

Dreamgirls: 2/3

Pans Labyrinth: 6/5

The Departed: 6/1

The Queen: 11/1

Babel: 15/1

Pirates of the Caribbean: Dead Man's Chest: 11/1

Little Miss Sunshine: 15/1


Additional sports and entertainment odds can be found at: www.MySportsbook.com

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