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
03/16/2010 - Indian Wells, CA (Sportsbook Betting Lines) - Fourth-seeded Russian star Elena Dementieva was an easy fourth-round winner Tuesday at the $4.5 million BNP Paribas Open.
The 2006 Indian Wells runner-up Dementieva drubbed 19th-seeded Frenchwoman Aravane Rezai 6-3, 6-3 on the hardcourts at the Indian Wells Tennis Garden.
The two-time major finalist and 2008 Olympic gold medalist Dementieva's quarterfinal opponent will be capable fifth-seeded Pole Agnieszka Radwanska, who blitzed 11th-seeded former Wimbledon runner-up Marion Bartoli of France 6-3, 6-2.
Last year's champion here will not repeat this week, as 12th-seeded Vera Zvonareva gave way to eighth-seeded Aussie Samantha Stosur 6-2, 7-5 in 1 hour, 21 minutes on Day 7 in the California desert. The Russian Zvonareva bested Serbian Ana Ivanovic in last year's finale here.
Meanwhile, 18th-seeded Chinese Zheng Jie continued her fine season with a 6-3, 4-6, 7-6 (7-1) victory over once-promising Aussie Alicia Molik.
The 2010 Indian Wells winner will earn $700,000.
<< Dixon out as Furman women's hoops coach
Greenville, SC (Sportsbook Betting Lines) - Furman University announced Tuesday the
resignation of women's head basketball coach Sam Dixon.
Dixon spent the last eight seasons guiding the program and exits after a 8-24
season in 2009-10.
"We
<< Browns re-sign CB Ventrone, TE Estandia
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns have re-signed cornerback
Ray Ventrone and tight end Greg Estandia.
Ventrone signed with the Browns as a free agent last September and appeared
mostly on special teams in 2009, where h
<< Jets sign DE Wright
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets signed defensive end
Rodrique Wright on Tuesday. Terms of the deal were not disclosed.
Wright was inactive for the entire 2008 season as a member of Miami and was
waived by the Dol
<< Free agent LB Andra Davis signs with Bills
ORCHARD PARK, N.Y. (AP) -Free agent linebacker Andra Davis has signed with the Buffalo Bills.The deal was reached on Tuesday during Davis' visit to the team's headquarters. Davis is an eight-year NFL veteran, who spent last season with Denver before
Special win: Inter eliminates Chelsea >>
London, England (Sportsbook Betting Lines) - Samuel Eto'o scored late in the second half
and Inter Milan beat Chelsea 1-0 on Tuesday at Stamford Bridge to seal its 3-1
aggregate win and a spot in the quarterfinals of the Champions League.
Inter coach
Bears sign CB Jennings, release FB McKie >>
Lake Forest, IL (Sportsbook Betting Lines) - The Chicago Bears made a pair of moves
Tuesday, signing cornerback Tim Jennings to a two-year contract while
releasing fullback Jason McKie.
Jennings spent the first four years of his NFL care
Oregon ousts hoops coach Kent >>
Eugene, OR (Sportsbook Betting Lines) - The Oregon Ducks have terminated the contract
of men's head basketball coach Ernie Kent after 13 years guiding the program.
Kent had two years remaining on his contract but had been rumored to be out
follo
Eagles acquire DE Tapp from Seattle >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Eagles acquired defensive
end Darryl Tapp from the Seattle Seahawks in exchange for defensive end Chris
Clemons and a 2010 fourth-round draft pick.
Tapp had re-signed with Seattle on Mond
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