Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
03/17/2010 - Manchester, England (Sportsbook Betting Lines) - Manchester City left-back Wayne Bridge has been ruled out for around a month after being forced to undergo surgery to correct a hernia problem.
The 29-year-old, who recently retired from international football, was forced off after just over half an hour of the 1-1 weekend draw at Sunderland, having been troubled by a knee injury earlier this season.
A statement on the club's official website read: "Wayne Bridge is battling to feature again this season after undergoing a hernia operation.
"The defender is not long back from a knee injury that kept him out of the side for 13 matches between the beginning of December and beginning of February.
"This time the luckless 29-year-old is expected to be sidelined for around a month just when the race for the Champions League places heats up."
(Courtesy of sportbox.tv)
<< Pompey's point deduction confirmed
Portsmouth, England (Sportsbook Betting Lines) - The Premier League have confirmed that
basement side Portsmouth have been docked nine points for entering
administration.
The penalty was a formality after Pompey were forced to go into adm
<< Jones relieved by injury news
Sunderland, England (Sportsbook Betting Lines) - Sunderland have been boosted by the
news that striker Kenwyne Jones' hip injury is not as serious as was first
feared.
The 25-year-old frontman had to be replaced at halftime of the 1-1 draw w
<< Reina close to inking new Liverpool contract
Liverpool, England (Sportsbook Betting Lines) - Liverpool goalkeeper Jose Reina has
confirmed that he is on the verge of penning a new contract with the Anfield-
based club.
The 27-year-old Spaniard is settled on Merseyside and is happy to com
<< Nationals release Dukes
Kissimmee, FL (Sportsbook Betting Lines) - The Washington Nationals have released
outfielder Elijah Dukes.
The team announced the news Wednesday in a brief release, which did not
provide a reason for the move.
Dukes, 25, was expecte
Kiessling commits future to Leverkusen >>
Leverkusen, Germany (Sportsbook Betting Lines) - Bayer Leverkusen have secured the
future of Germany international Stefan Kiessling until the summer of 2015 with
a new contract.
Kiessling has been rewarded with a new long-term deal on the back
Report: Seton Hall fires hoops coach Gonzalez >>
Newark, NJ (Sportsbook Betting Lines) - Seton Hall has reportedly fired head men's
basketball coach Bobby Gonzalez.
The Star-Ledger reported that on Wednesday, the school forced out Gonzalez,
who was in his fourth season with the team. The
Diamondbacks sign P Benson to minor league deal >>
Tucson, AZ (Sportsbook Betting Lines) - The Arizona Diamondbacks have signed veteran
pitcher Kris Benson to a minor league contract, the team announced Wednesday.
The 35-year-old appeared in eight games (two starts) in 2009 with the Texas
Range
Van Bommel inks Bayern extension >>
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich captain Mark van Bommel has
agreed to a contract extension that will keep him at the club through the end
of next season.
Van Bommel's contract was set to expire at the end of the curren
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.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting