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03/07/2010 - Hampton, GA (Sportsbook Betting Lines) - Kurt Busch avoided tire issues and held off the field in a second green-white-checkered finish to win the Kobalt Tools 500 at Atlanta Motor Speedway for the second year in a row.
Busch squeezed his way from fourth to first just after the first two-lap overtime restart. A seven-car pileup occurred just before the final lap when Jamie McMurray and Clint Bowyer made contact, forcing a second attempt to end the race. Busch held off Matt Kenseth and Juan Pablo Montoya in the final two laps for his third victory at Atlanta and the 21st of his career.
Kenseth finished second, followed by Montoya, Kasey Kahne, who led the most laps with 143, and Paul Menard.
The first two-lap overtime attempt occurred after Carl Edwards bumped Brad Keselowski from behind, sending Keselowski into the air and upside down before he slammed into the wall. He was not injured. The two were involved in an incident earlier in the race.
Kevin Harvick finished ninth and remained the points leader. He holds a 26- point advantage over new second-place Kenseth.
<< UConn crushes Syracuse to tie record
Hartford, CT (Sportsbook Betting Lines) - Tina Charles tied a career-high with 34
points, as top-ranked Connecticut clobbered Syracuse, 77-41, in the
quarterfinals of the Big East Tournament.
It's the 70th consecutive win for the
<< Inter held to scoreless draw by Genoa
Milan, Italy (Sportsbook Betting Lines) - Inter Milan was held to a 0-0 draw at San Siro
by Genoa on Sunday, the third time in its last four Serie A matches is has not
scored.
Inter has tied four of its last five matches in Italy's top flight, with th
<< Pate wins in Bogota
Bogota, Colombia (Sportsbook Betting Lines) - Former PGA Tour winner Steve Pate parred
the second playoff hole Sunday to defeat Aaron Watkins and win the inaugural
Bogota Open.
Pate, the third-round leader, only managed an even-par 71 in the final rou
<< Mid-American Conference Tournament Recaps
Buffalo, NY (Sportsbook Betting Lines) - Max Boudreau scored 18 points off the bench to
lead the fifth-seeded Buffalo Bulls to a 72-54 victory over the 12th-seeded
Toledo Rockets in the first round of the Mid-American Conference Tournament.
Calvin
Pens down Bruins, who lose Savard >>
Pittsburgh, PA (Sportsbook Betting Lines) - Evgeni Malkin scored early in the third
period to lift the Pittsburgh Penguins to a 2-1 win over the Boston Bruins at
Mellon Arena.
Pascal Dupuis also tallied for the Penguins, who have won four straig
Villegas earns five-shot win at Honda Classic >>
Palm Beach Gardens, FL (Sportsbook Betting Lines) - Camilo Villegas captured his third
PGA Tour win on Sunday, leaving the rest of the field in the dust with a
closing two-under 68 at the Honda Classic.
The 28-year-old Colombian posted a 13-
Iginla's hat trick helps Flames beat Wild >>
St. Paul, MN (Sportsbook Betting Lines) - Jarome Iginla recorded his second hat trick of
the season, as the Calgary Flames handled the Minnesota Wild, 5-2, in a battle
between Northwest Division foes at the XCel Energy Center.
Iginla also dished out a
Magic survive Kobe, Lakers to win fifth straight >>
Orlando, FL (Sportsbook Betting Lines) - Vince Carter scored a team-high 25 points, and
Dwight Howard added 15 points and 16 rebounds, as the Orlando Magic escaped
with a 96-94 win over the defending champion Los Angeles Lakers in a rematch
of last
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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.
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