Warruors Basketball Betting News

<< Marlins option Volstad
Los Angeles, CA (Sportsbook Betting Lines) - The Florida Marlins optioned starting pitcher Chris Volstad to Triple-A New Orleans following Tuesday's 7-3 loss to the Los Angeles Dodgers. Volstad permitted five hits and five runs over three-plus

<< Dodgers down Marlins at Chavez Ravine
Los Angeles, CA (Sportsbook Betting Lines) - Matt Kemp, Andre Ethier and Casey Blake homered to back the solid pitching of Vicente Padilla as the Los Angeles Dodgers took down the Florida Marlins, 7-3, in the middle portion of a three- game se

<< Smith's HR caps incredible 9th inning comeback as Rockies top Cards
Denver, CO (Sportsbook Betting Lines) - Seth Smith capped an improbable nine-run rally in the ninth inning with a game-ending three-run homer, and the Colorado Rockies recorded their largest ninth-inning comeback in franchise history with a

<< Clippers decide on Del Negro
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers have decided to hire Vinny Del Negro as their next head coach. Del Negro and Dallas Mavericks assistant coach Dwane Casey were finalists for the position and both had interview

AP Source: Bosh joining Wade in Miami >>
MIAMI (AP) -A person with knowledge of the decision tells The Associated Press that Chris Bosh has decided to join the Miami Heat and play alongside fellow All-Star free agent Dwyane Wade.Bosh told Wade it was ``definite,'' says the person who spoke

First-place Tigers shoot for sweep of Orioles >>
(Sportsbook Betting Lines) - The Detroit Tigers try to maintain their slim advantage in the American League Central this evening when they go for a sweep of the Baltimore Orioles at Comerica Park. Detroit stayed a half-game up on the Minnesota Twins w

Price aims to pitch Rays to sweep of Red Sox >>
(Sportsbook Betting Lines) - David Price takes aim at an American League-best 12th win of the season this evening when the Tampa Bay Rays go for a three-game series sweep against the Boston Red Sox at Tropicana Field. Price, who could very well start

Rangers set for rubber match with visiting Indians >>
(Sportsbook Betting Lines) - The Texas Rangers go for a series win this evening when they wrap up their three-game set with the Cleveland Indians at Rangers Ballpark in Arlington. The Rangers have lost their last three series, but moved to the cusp of

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.