02/07/2010 -
Toronto, ON (Sportsbook Betting Lines) - Chris Bosh poured in 36 points and grabbed 11
rebounds, helping Toronto to its seventh consecutive win at Air Canada
Centre, 115-104, over the Sacramento Kings.
Andrea Bargnani contributed 22 points and eight boards, while Hedo Turkoglu
returned to the court and added 16 points after missing time with a fractured
orbital bone.
Antoine Wright donated 16 points as well off the bench for the Raptors, who
have won seven of the last eight games overall.
Kevin Martin had 24 points and Spencer Hawes posted 14 with 11 rebounds for
the Kings, who have dropped 11 straight on the road and 13 of 14 games
overall.
Donte Greene chipped in 13 points, while Tyreke Evans and Andres Nocioni each
had 11 in defeat.
Russia outlasts Serbia in Fed Cup quarters >>
Belgrade, Serbia (Sportsbook Betting Lines) - Alisa Kleybanova and Svetlana Kuznetsova
booked Russia's ticket in the Fed Cup semifinals after winning the decisive
doubles rubber on Sunday.
Kleybanova defeated Ana Ivanovic in the second reverse si
UConn rolls on with 46-point win >>
Louisville, KY (Sportsbook Betting Lines) - Tina Charles scored 20 points and Maya Moore
added 16, as top-ranked Connecticut demoralized Louisville on the road in an
84-38 romp at Freedom Hall.
The Huskies (23-0, 10-0 Big East) took a commanding 5
Ovechkin's hat trick keys Caps' OT comeback over Pens >>
Washington, DC (Sportsbook Betting Lines) - Mike Knuble scored on the power-play with
2:11 remaining in overtime, and Alex Ovechkin recorded a hat trick, as the
Washington Capitals fought back from a three-goal deficit to edge Pittsburgh,
5-4, an
Ohio State rallies in second half to clip Lady Lions >>
University Park, PA (Sportsbook Betting Lines) - Samantha Prahalis hit five three-
pointers and scored 26 points to pair with 12 assists, as No. 8 Ohio State
rallied from down 14 in the second half to secure an 86-73 win over Penn
State.
Syracuse thumps Cincinnati on the road >>
Cincinnati, OH (Sportsbook Betting Lines) - Andy Rautins had 20 points, as third-ranked
Syracuse downed Cincinnati, 71-54, at Fifth Third Arena.
Kris Joseph had 17 points, while Scoop Jardine and Arinze Onuaku each chipped
in with 11 points for t
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.
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.