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
09/07/2010 - Denver, CO (Sportsbook Betting Lines) - Denver Broncos running back LenDale White underwent surgery to repair a torn Achilles tendon.
The Denver Post reported Tuesday that White had the procedure done as the Steadman-Hawkins Clinic in Colorado's capital. The paper quoted White's uncle as saying the surgery went well.
White was placed on injured reserve last Friday after sustaining the season- ending setback.
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.
<< Hoffman picks up 600th save as Brewers hold off Cards
Milwaukee, WI (Sportsbook Betting Lines) - Casey McGehee's two-run single in the fifth
inning proved to be the difference, as the Milwaukee Brewers held off the St.
Louis Cardinals, 4-2, on a night that saw all-time saves leader Trevor Hoffman
record
<< Bourn, Astros top Cubs
Chicago, IL (Sportsbook Betting Lines) - Michael Bourn finished 3-for-4 with three RBI
and fell a home run shy of the cycle as Houston downed Chicago, 7-3, in the
middle test of a three-game set from Wrigley Field.
Jeff Keppinger had a pair of
<< Twins blast Royals, expand lead in AL Central
Minneapolis, MN (Sportsbook Betting Lines) - Francisco Liriano pitched seven solid
innings and Delmon Young drove in four runs, as the Minnesota Twins cruised to
a 10-3 win over the Kansas City Royals in the middle contest of a three-game
series.
<< Back in first: Phillies edge Marlins to grab top spot in NL East
Philadelphia, PA (Sportsbook Betting Lines) - Placido Polanco's eighth-inning two-out
RBI single was the difference, as Philadelphia nipped Florida, 8-7, in the
third installment of a four-game series.
The victory, coupled with Atlanta's los
Gonzalez continues torrid pace as Rockies down Reds >>
Denver, CO (Sportsbook Betting Lines) - Carlos Gonzalez, arguably the league's hottest
hitter, blasted an early three-run homer to help lift the streaking Colorado
Rockies to a 4-3 victory over the Cincinnati Reds.
Gonzalez extended his hit streak
Giants use three HRs, Lincecum's pitching to down D'Backs >>
Phoenix, AZ (Sportsbook Betting Lines) - Tim Lincecum pitched solidly into the seventh
inning and the San Francisco Giants used three home runs to defeat the Arizona
Diamondbacks, 6-3, at Chase Field.
Lincecum (13-9) allowed three runs on five hi
Angels release longtime utilityman Quinlan >>
Anaheim, CA (Sportsbook Betting Lines) - The Los Angeles Angels cut ties with utilityman
Robb Quinlan, who has been with the team since 2003.
Quinlan has played sparingly this year, recording only four hits in 33 at-
bats. Never a starter but
Latos sets MLB record as Padres top Dodgers >>
San Diego, CA (Sportsbook Betting Lines) - Mat Latos tossed seven innings of one-run
baseball to set an MLB record, as the San Diego Padres defeated the Los
Angeles Dodgers, 2-1, in the second test of a three-game series at Petco Park.
Lato
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