Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
07/01/2010 - San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres reinstated outfielder Matt Stairs and pitcher Tim Stauffer from the 15-day disabled list Thursday.
Stairs was dealing with a strained right knee, while Stauffer suffered with appendicitis.
In 32 games this season, Stairs is hitting .191 with one home run and seven runs batted in. Stauffer, a right-hander, opened the 2010 season with a career-best 17 1/3-inning scoreless streak and has a 0.39 earned run average over 10 appearances, including one start this year.
In a pair of corresponding moves, the Padres optioned outfielder Aaron Cunningham to Triple-A Portland and designated right-hander Sean Gallagher for assignment.
<< Jazz sign draft picks Hayward, Evans
Salt Lake City, UT (Sportsbook Betting Lines) - The Utah Jazz announced the signings of
their 2010 draft class Thursday, bringing forwards Gordon Hayward and Jeremy
Evans on board with undisclosed contracts.
Hayward, selected ninth overall, was a
<< Four share AT&T lead; Woods seven back
Newtown Square, PA (Sportsbook Betting Lines) - Nick Watney fired a four-under 66
Thursday to grab a share of the lead after the opening round of the AT&T
National at Aronimink Golf Club.
Watney was joined atop the leaderboard by J
<< Stars agree to terms with Burish, Raycroft
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars have agreed to terms
with center Adam Burish and goaltender Andrew Raycroft on two-year contracts.
Burish's deal is worth $2.3 million, while the first year of Raycroft's deal
is a
<< Ducks bring back Koivu
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks have signed center Saku
Koivu to a two-year contract.
As per team policy, no terms of the deal were announced.
The 35-year-old Koivu netted 19 goals and added 33 assists over 71 games for
t
Nominees for 2011 NASCAR HoF class revealed >>
Charlotte, NC (Sportsbook Betting Lines) - NASCAR on Thursday announced its 25 nominees
for the 2011 NASCAR Hall of Fame induction class.
Jerry Cook, Jack Ingram, Dale Inman, Fred Lorenzen and T. Wayne Robertson were
new names added to the nominee
New England aims to reverse fortunes at RSL >>
Sandy, UT (Sportsbook Betting Lines) - Friday night's Major League Soccer fixture
between Real Salt Lake and the New England Revolution will be a battle between
teams heading in opposite directions.
RSL is coming off three consecutive clean
LeBron meets with Nets, Knicks >>
Cleveland, OH (Sportsbook Betting Lines) - The New Jersey Nets and New York Knicks were
the first two teams to attempt to woo LeBron James to join them for the next
stage of his superstar career.
Both teams met with James in Cleveland on Thursda
Zimmerman's sacrifice fly lifts Nats over Mets >>
Washington, DC (Sportsbook Betting Lines) - Ryan Zimmerman's sacrifice fly in the ninth
inning sent the Washington Nationals to a 2-1 victory over the New York Mets
to begin a four-game series at Nationals Park.
Pedro Feliciano (2-4) came in to
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.
Thus, Vegas sportsbooks try everything in their power to balance the action. They're satisfied simply collecting the juice. But these profits are small, especially compared to the take from other casino games, namely slot machines.
Because the profits at Vegas sportsbooks are so small, you could argue that many casinos operate sportsbooks simply as a novelty to keep the tourists happy.
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.
Consider MySportsbook.com. On its website, the book has odds pages which actually display the amount of action it's getting on games. In other words, you can see how much action the book is taking on both sides of a pointspread, moneyline or over/under.
One look at these numbers and it's obvious MySportsbook.com does not balance every game. In fact, far from it.
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.
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.
That goes contrary to the balancing theory. If MySportsbook.com had wanted to balance the action, it would have given Miami more points; instead, it took away 1 1/2. World Series odds are now up as well.
MySportsbook.com exposed itself to even more to risk, and rolled the dice on the underdog Dolphins. Why? I contacted a representative with the book to find out. His answer was simple.
"The line moved early based on 'smart money' from sharp players," said Jeff Gilroy, a spokesperson for the book. "We also knew from early in the week that we would need Miami, therefore (we dropped) the spread to encourage Rams money.
"At the end of the day, we liked the home team."
So the conclusion is this: MySportsbook.com respected the sharp action, and gambled that the sharp bettors had a better take on the game than the recreational bettors, who were hammering the visiting Rams.
In the end, the gamble paid off. Miami, desperate for a win in front of its home fans, pounded the overrated Rams, who are terrible on the road and even worse on grass. Final score: 31-14 Fish.
MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover.
The fact that sportsbooks are exposed to risk on certain games is really nothing new. The fact, that Sportsbook.com is willing to show the public where it's exposed is intriguing.
Armed with this type of information, bettors can make more educated wagers. They can get an idea where the sharp money is going and conversely where the public money is headed.
MySportsbook.com is opening up its cashbox, letting bettors look inside and challenging them to take their best shot at grabbing the cash.
To visit this online football betting got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting