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06/10/2010 - Lawrence, KS (Sportsbook Betting Lines) - The University of Kansas announced Thursday its athletics director of the past seven years, Lew Perkins, will retire effective September 4, 2011.
The revelation comes in the midst of a huge shift in the college landscape, as Colorado has announced its intentions to leave the Big 12 Conference for the Pac-10, while Nebraska is expected to bolt for the Big Ten as early as Friday, causing many to question the viability of the Big 12 going forward.
The Jayhawks have won the past six Big 12 regular season championships in men's basketball.
"I have loved my time here at the University of Kansas and I will continue leading Kansas athletics over the course of the next year," Perkins said. "At this time, my greatest priority is working on conference alignment issues, and as I've committed to the chancellor, I will work tirelessly on these efforts. Conference alignment is the biggest challenge we have before us as an athletics department and an institution."
Under Perkins, the Kansas athletics budget has more than doubled from $27 million to $55 million.
The highlight of his tenure was the 2008 NCAA men's basketball title, but the past few months have been mired in controversy, which includes a five-year ticket scandal that is currently being investigated by federal investigators, the tumultuous release of head football coach Mark Mangino that resulted in a $3 million settlement, and allegations of a former KU employee regarding an improper exchange of exercise equipment for preferential seating and irregularities in the school's drug-testing program.
Perkins, who was the head of athletics at the University of Connecticut for 13 years prior to taking over at Kansas, was cleared of the latter charge on Wednesday, as an investigation ordered by chancellor Bernadette Gray-Little found no evidence to substantiate the claims.
<< Blue Jays put McDonald on bereavement list
St. Petersburg, FL (Sportsbook Betting Lines) - The Toronto Blue Jays on Thursday placed
infielder John McDonald on the bereavement list and selected the contract of
outfielder Dewayne Wise.
McDonald was batting .250 with three RBI in 16 games fo
<< Brewers edge Cubs in 10th on error
Milwaukee, WI (Sportsbook Betting Lines) - Carlos Gomez scored the game-winning run on a
throwing error in the bottom of the 10th inning, as the Milwaukee Brewers
edged the Chicago Cubs, 5-4, in the rubber match of a three-game series at
Miller
<< Cahill shines as A's top Angels
Oakland, CA (Sportsbook Betting Lines) - Trevor Cahill pitched a career-high eight
innings and held the Angels to one run, as the Athletics earned a split of a
four-game series against their American League West rivals with a 6-1 win.
Cahill (
<< Quintero helps Astros edge Rockies
Denver, CO (Sportsbook Betting Lines) - Humberto Quintero went 3-for-4 with a solo homer
and knocked in two, as the Houston Astros held on for a 5-4 win over the
Colorado Rockies in the finale of a four-game series at Coors Field.
Tommy Manzella
Boston OF Ellsbury has different rib fracture >>
Cleveland, OH (Sportsbook Betting Lines) - The Boston Red Sox do not expect outfielder
Jacoby Ellsbury back in the lineup any time soon, as a recent MRI showed a
different fracture of his left ribs than the one he suffered earlier in the
season.
Braves score four in ninth to get by Diamondbacks >>
Phoenix, AZ (Sportsbook Betting Lines) - Pinch-hitter Brian McCann smacked a go-ahead
RBI single in the Braves' four-run ninth inning, as Atlanta rallied past
Arizona, 11-7, to earn a split in the four-game series.
The Diamondbacks scored t
Feng leads State Farm by one >>
Springfield, IL (Sportsbook Betting Lines) - Shanshan Feng fired an eight-under 64
Thursday to grab a one-stroke lead after the opening round of the State Farm
Classic.
Juli Inkster and Na Yeon Choi closed within one of Feng's lead as they
Westwood takes 1-shot lead in Memphis >>
Memphis, TN (Sportsbook Betting Lines) - Lee Westwood fired a seven-under 63 to take the
first-round lead Thursday at the suspended St. Jude Classic, the final tune-up
for next week's U.S. Open, where the world No. 3 from England figures to be
one of
JUPITER, Fla. -- The Foorida Marlins are preparing for the likelihood that right-hander
Josh Johnson won't be ready when the season starts April 2.
Grapefruit League action starts Wednesday, but Johnson, penciled in as the No. 2 starter, hasn't even thrown off a mound at full speed since September. He's experienced some soreness in his right forearm.
MySportsbook.com have the Marlins listed with baseball betting lines at +800 to win the NL East this season .
''You guys know the math. If he's not on the hill then he becomes an opening day roster issue,'' manager Fredi Gonzalez said Saturday. ''We're borderline now.''
Johnson, who finished 12-7 with a 3.10 ERA in 2007, was supposed to throw on flat ground Saturday. That was canceled when he woke up with pain.
He played catch on Wednesday with no pain but felt discomfort in a throwing session on Thursday. He's expected to try again Sunday.
''Like we always said from the very beginning, we're going to take it easy on him,'' Gonzalez said. ''He didn't feel right, so we shut him down. We're going to take it back to step one and see where we're at.''
Among the candidates to take Johnson's spot in the rotation are left-hander Chris George and right-handers Yusmeiro Petit and Jose Garcia.
Right-hander Sergio Mitre, who missed most of last season with arm and shoulder problems, also is behind.
With Johnson's status doubtful, Gonzalez said right-hander Ricky Nolasco will stay in the rotation and no longer will be considered a candidate for closer.
Additional basbeall odds can be found at: www.MySportsbook.com
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
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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