02/08/2010 - Washington, DC (Sportsbook Betting Lines) - The Washington Wizards home game against the Atlanta Hawks, postponed Saturday to a blizzard in the nation's capital, has been rescheduled for March 11 at the Verizon Center.
Both teams were unable to travel to Washington because of the conditions. The Wizards won in Orlando on Friday night and the Hawks notched a home win against Chicago.
<< Soderling, Robredo win Rotterdam openers
Rotterdam, The Netherlands (Sportsbook Betting Lines) - French Open runner-up Robin
Soderling and fifth-seeded Tommy Robredo highlighted Monday's first-round
winners at the $2 million ABN AMRO World Tennis Tournament.
The third-seeded Sode
<< Carr re-signs with Fire
Bridgeview, IL (Sportsbook Betting Lines) - Calen Carr has re-signed with the Chicago
Fire for his fifth season in Major League Soccer.
In four seasons in Chicago, Carr has appeared in 68 games, including 15
starts, while tallying six goals
<< Blue Bombers sign RB Marc
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers announced Monday
that they have agreed to terms with running back Emmanuel Marc.
Marc participated in Winnipeg's training camp in 2009 and graduated from
Delaware State in
<< Rachel Alexandra staying loose in Big Easy
New Orleans, LA (Sportsbook Betting Lines) - Less than 12 hours after the New Orleans
Saints captured Super Bowl XLIV, the other champion residing in the Big Easy
took to the track for a jog.
Horse of the Year Rachel Alexandra took a jog aroun
Saints' Super Bowl victory most watched event in TV history >>
New Orleans, LA (Sportsbook Betting Lines) - Approximately 106.5 million people tuned in
to watch Drew Brees and the New Orleans Saints win Super Bowl XLIV over the
Indianapolis Colts, making it the most watched event in television history.
The ga
Devils D Salmela leaves game on stretcher >>
Philadelphia, PA (Sportsbook Betting Lines) - New Jersey Devils defenseman Anssi Salmela
left Monday's game against Philadelphia on a stretcher early in the second
period.
Salmela, who rejoined the Devils from the Thrashers in the Ilya Kovalchuk d
Montanes eases into second round at Brasil Open >>
Costa do Sauipe, Brazil (Sportsbook Betting Lines) - Second-seeded Albert Montanes was a
first-round winner at the $500,000 Brasil Open on Monday.
The Spaniard needed just under 1 1/2 hours to dispose of German Simon Greul
6-2, 7-6 (7-2) on the red
Cardinals avoid arbitration with Schumaker >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals avoided salary
arbitration with Skip Schumaker, agreeing to terms with the second baseman on
a two-year contract.
The 30-year-old Schumaker became the first Cardinal since
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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
MySportsbook.com: NBA Championship Odds
With the playoffs about two months away, the top two teams in the Western Conference are the clear cut leaders to win the NBA Championship. The Dallas Mavericks have the best record in the NBA (44-9) and have been absolutely scorching since the second week of the season. What makes the Mavs’ record more impressive is the fact that they dropped their first four games of the season. Currently they have won 17 out of their last 18 and are MySportsbook.com’s favorite (2-1) to win it all. Right behind the Mavs are the Pacific leading Phoenix Suns (39-13). Last season, the Suns lost in the Conference Finals to non-other then the Mavericks four games to two. Of course the Suns were without center Amare Stoudemire who has is averaging 19.9 PPG and 9.5 RPG since coming back from his knee injury. Unlike the Mavs, the Suns have struggled a bit lately having lost their last three and four out of their last seven. Of course the main reason for their three straight loses is due to the absence of two time MVP Steve Nash, who is out with a shoulder injury. Heads-up, the Mavs have beaten the Suns in both of their meetings this season.
In the Eastern Conference, the Pistons (32-19) are the favorites to win it all at 6-1. The addition of Chris Webber seems to have been a good move for the Pistons. Since coming over from the 76ers, Webber has averaged 13.1 PPG and 7.3 RPG and the Pistons are 11-4. Even though the defending champion Heat are currently on the playoff making cusp, they are the Eastern Conference team that is getting the most action to win it all (9-1). The fact that Shaquille O’Neal is back in the starting lineup after missing 39 games probably has something to do with this. No doubt, Shaq makes a difference when in the lineup as their winning six out of their last seven would indicate.
Just because it is the All-Star break doesn’t mean that you can’t bet on NBA hoops this weekend. Be sure to log onto MySportsbook.com to bet on who you think will cut down the nets this July. Also, be sure to check out all of the lines and props for All-Star weekend. With the highest credit card acceptance rate in the industry, there are plenty of ways to cash in on the NBA this weekend.
MySportsbook.com’s NBA Championship odds:
Atlanta Hawks 1000-1
Boston Celtics 5000-1
Charlotte Bobcats 5000-1
Chicago Bulls 20-1
Cleveland Cavaliers 20-1
Dallas Mavericks 2-1
Denver Nuggets 25-1
Detroit Pistons 6-1
Golden State Warriors 250-1
Houston Rockets 12-1
Indiana Pacers 60-1
Los Angeles Clippers 45-1
Memphis Grizzlies 5000-1
Miami Heat 9-1
Milwaukee Bucks 1000-1
Minnesota T-Wolves 200-1
New Jersey Nets 50-1
New Orleans Hornets 150-1
New York Knicks 150-1
Orlando Magic 75-1
Philadelphia 76ers 1000-1
Phoenix Suns 5-2
Portland TrailBlazers 1000-1
Sacramento Kings 250-1
San Antonio Spurs 9-1
Seattle Sonics 5000-1
Toronto Raptors 35-1
Utah Jazz 20-1
Washington Wizards 25-1
About MySportsbook.com:
MySportsbook.com is the largest sportsbook and casino on the planet, where millions of adult Americans bet on sports, play poker and enjoy blackjack and other casino games online in a regulated and licensed jurisdiction. Named the "Best online Sports Book" by the industry's top magazine, eGaming Review, MySportsbook.com has been leading the online gaming industry since 1996. Dwarfing its nearest competitors in the US, MySportsbook.com has been the first to achieve every significant industry milestone, from record turnover to active users to number of bets--achieving a peak of fifteen bets per second. As the US online gaming leader, the firm and it's products have been featured on CBS 60 Minutes, CNN, ESPN, Wall Street Journal, Barrons, Financial Times, USA Today and in every major newspaper in the US.
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
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