Wang leaves game

Baseball Betting Lines

07/04/2009 - Bronx, NY (Sportsbook Betting Lines) - New York Yankees starter Chien-Ming Wang left Saturday's game against the Toronto Blue Jays with a shoulder injury.

Wang departed in the sixth inning with a right shoulder strain, and is scheduled to undergo an MRI later Saturday.

Wwinfospace Baseball Betting News

<< Mike Smith back on Mine That Bird
Louisville, KY (Sportsbook Betting Lines) - Eclipse Award winning jockey Mike Smith has regained the mount on Kentucky Derby winner Mine That Bird. Smith has a two- race commitment to ride the gelding starting with the West Virginia Derby on Saturda

<< Callaspo and KC snap ChiSox winning streak
Kansas City, MO (Sportsbook Betting Lines) - Alberto Callaspo went 2-for-3 and hit the go-ahead two-run single in the sixth inning, as the Kansas City Royals came back to top the White Sox, 6-4, and snap Chicago's seven-game win streak. Callaspo

<< Woodward's ninth-inning hit sends M's past Sox
Boston, MA (Sportsbook Betting Lines) - Chris Woodward knocked in the deciding run in the ninth inning as Seattle clipped Boston, 3-2, in the middle contest of three at Fenway Park. Russell Branyan added a pair of RBI for the M

<< Owings homers, pitches Reds over Cardinals
Cincinnati, OH (Sportsbook Betting Lines) - Micah Owings tossed 6 2/3 strong innings and hit his third home run of the year, lifting Cincinnati to a 5-2 victory against St. Louis in the second of three games between these NL Central rivals.

<< McGehee misses cycle, but his big day helps Brewers crush Cubs
Chicago, IL (Sportsbook Betting Lines) - Casey McGehee finished with four hits, a double short of a cycle, and drove in five to lead the Milwaukee Brewers to an 11-2 win over the Chicago Cubs. Mike Cameron was 2-for-3 with a three-run homer and

Yi shoots 61 for Jamie Farr lead >>
Sylvania, OH (Sportsbook Betting Lines) - Korea's Eunjung Yi fired a 10-under 61 and took the third-round lead Saturday at the Jamie Farr Owens Corning Classic. Yi holed out from the fairway for an eagle at No. 10 and collected eight birdies in a flaw

McNair found dead >>
Nashville, TN (Sportsbook Betting Lines) - Former Tennessee Titans and Baltimore Ravens quarterback Steve McNair was found dead Saturday. He was 36. At a brief press conference Saturday, Nashville police department public affairs manager Don Aaron con

Nationals recall Bergmann; designate Colome for assignment >>
Washington, DC (Sportsbook Betting Lines) - The Washington Nationals recalled right-hander Jason Bergmann from Triple-A Syracuse and designated reliever Jesus Colome for assignment following Saturday's 5-3 win over the Braves. Bergmann

Briscoe takes Watkins Glen pole for second straight year >>
Watkins Glen, NY (Sportsbook Betting Lines) - Ryan Briscoe won the pole at Watkins Glen International for the second year in a row after dominating Saturday's qualifying for the Camping World GP at the Glen. Briscoe posted a new track reco

Woods, Kim share AT&T National lead >>
Bethesda, MD (Sportsbook Betting Lines) - Tiger Woods managed just an even-par 70 Saturday and will head into the final round at the AT&T National tied for the lead with Anthony Kim. Kim, the defending champion, shot a two-under 68 in the third ro

$12,000,000.00 MARCH MADNESS BRACKET CONTEST

2009 MARCH MADNESS BRACKET CONTEST

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Sportsbooks to bet on football

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.