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09/03/2010 - Englewood, CO (Sportsbook Betting Lines) - Denver Broncos running back LenDale White was placed on injured reserve Friday and will miss the 2010 season with a torn Achilles tendon.
White was hurt during the second quarter of Thursday's 31-24 preseason loss to the Minnesota Vikings. He ran for 53 yards and two scores during exhibition play.
The Denver native was already scheduled to sit out the first four games of the regular season for violating the league's substance-abuse policy.
White was signed by the Broncos on August 4 after he was cut by Seattle in late May. The Seahawks had acquired him from Tennessee this April.
A 2006 second-round draft pick of the Titans, White has rushed for 2,349 yards and 24 touchdowns on 628 carries in 58 career games. He also has caught 42 passes for 204 yards.
<< Padres recall Russell
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres have recalled right-
hander Adam Russell from Triple-A Portland.
It will be Russell's fourth stint with the Padres this season. In six games
earlier this year, the 27-year-old ga
<< Cook returns from DL to start for Rockies
San Diego, CA (Sportsbook Betting Lines) - The Colorado Rockies have activated pitcher
Aaron Cook from the 15-day disabled list in time to start Friday's series
opener at San Diego.
Cook missed 27 games while sidelined with a sprained right big
<< Dillon takes pole for Kentucky truck race
Sparta, KY (Sportsbook Betting Lines) - Rookie Austin Dillon will start on the pole for
Friday's Built Ford Tough 225 Camping World Truck Series race after edging
Johnny Sauter by the slimmest of margins in qualifying at Kentucky Speedway.
Dillon
<< NHL approves new Kovalchuk contract
Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk will finally join the New Jersey
Devils after his re-submitted contract was reportedly approved by the National
Hockey League.
Additionally, according to TSN of Canada, the league and the NH
Rams reduce roster by four players >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Rams announced Friday the
release of four players, putting the active roster at 71 players.
St. Louis must release 18 more players before Saturday's 6 p.m. (et) deadline.
The four rele
Browns place Hardesty on IR, waive six >>
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns placed rookie running back
Montario Hardesty on injured reserve Friday in addition to waiving six
players.
Hardesty, a second-round pick out of Tennessee, left the Browns' prese
Georgia's Ogletree suspended one game following arrest >>
Athens, GA (Sportsbook Betting Lines) - Georgia freshman safety Alec Ogletree has been
suspended for one game following an arrest last Friday on a theft charge.
"Certainly it's an unfortunate sequence of events," said Georgia head coach
Mark Ric
Giants activate P Ray >>
Los Angeles, CA (Sportsbook Betting Lines) - The San Francisco Giants have activated
reliever Chris Ray off the disabled list.
Ray, who missed 14 games with a right intercostal strain, has gone 3-0 with a
5.40 earned run average in 20 appearances
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.
MySportsbook.com Week 1 odds:
Saints +6 @ Colts -6
Falcons @ Vikings (pick ‘em)
Panthers @ Rams (pick ‘em)
Broncos -3.5 @ Bills +3.5
Chiefs -1 @ Texans +1
Dolphins +3 @ Redskins -3
Patriots -5 @ Jets +5
Eagles -3.5 @ Packers +3.5
Steelers -4 @ Browns +4
Titans +6 @ Jaguars -6
Bears +6 @ Chargers -6
Lions +3 @ Raiders -3
Bucs +6.5 @ Seahawks -6.5
Giants +4 @ Cowboys -4
Ravens +3 @ Bengals -3
Cardinals +3 @ 49ers -3
Super Bowl line (2008)
NFC +6.5 vs. AFC -6.5
MySportsbook is a large, publicly traded company with strong financial backing. You will find their customer service is second to none and their web site is extremely user friendly and easy-to-use. All major professional sports games are available. Once you signup with MySportsbook, you may never use another online sportsbook again.
To visit this online sportsbook got to MySportsbook.com for all your football sportsbook needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
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