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San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres agreed to terms with right-handed pitcher Micah Owings on a one-year contract. "Micah will compete for a spot on our staff," said executive vice president/general manager Josh Byrnes. "He is a proven contributor as a starter and as a reliever. Micah's character and versatility made him a priority for us as we looked to add depth to our pitching staff."

 

A third-round draft pick in 2005, Owings has played five seasons with the Diamondbacks (2007-08, 2011) and Reds (2009-10), appearing in 132 games (68 starts) with a 32-31 record and a 4.91 ERA.

 

The 28-year-old righty posted a 10-10 record with a career-best 3.32 earned run average in 31 starts for the Cubs in 2011. His 197 strikeouts were a team high.

 

Garza has compiled a 52-54 record with a 3.83 ERA in 152 games, including 149 starts, during his six-year major league career.

 

Denver, CO (Sportsbook Betting Lines) - The Colorado Rockies extended the contract of veteran relief pitcher Matt Belisle on Friday. The deal keeps Belisle in Denver through at least the 2013 season, with a mutual option for 2014. Financial terms were not disclosed.

 

Philadelphia, PA (Sportsbook Betting Lines) - Texas Rangers slugger Josh Hamilton relapsed this past week. The 2010 American League Most Valuable Player met the media on Friday to address the situation. According to Hamilton a family issue led him to downtown Dallas where he had dinner and had "three or four" drinks.

 

Hamilton called teammate Ian Kinsler to come hang out with him. Kinsler then took him home, but Hamilton returned to the bar and had some more drinks, but did not touch drugs, nor did he want to.

 

He's had two drug tests since the incident.

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Academy Award Betting Odds for Best Picture Offer Great Value

If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture.  Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).

For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot.  The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.

TV Guide advises Oscar watchers should be cautioned not to discount the  drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.

"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,'  it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."

"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.

Who is to say independently produced Little Miss Sunshine won't be this year's Crash.  Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win. 

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.