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02/19/2007 - Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers placed right wing Fernando Pisani on injured reserve on Monday.
Pisani has missed the past three games after suffering a concussion during the team's 5-1 win over Atlanta on February 11 in Edmonton.
In 56 games this season, the fourth of his career, Pisani has 11 goals and 10 assists along with 28 penalty minutes
Also on Monday, Edmonton recalled defenseman Tom Gilbert and left wing Jean-Francois Jacques from Wilkes-Barre/Scranton Penguins of the American Hockey League.
<< Horizon League foes lock horns in Green Bay
Green Bay, WI (Sportsbook Betting Lines) - The 13th-ranked Butler Bulldogs have lost two
of their last three games, and they hope to get back on track in tonight's
Horizon League clash with the Wisconsin-Green Bay Phoenix.
Butler appeared to
<< Big East foes meet in Milwaukee
Milwaukee, WI (Sportsbook Betting Lines) - Fresh off a heart-breaking loss, the Villanova
Wildcats will try to help their NCAA Tournament chances with a victory
over the 12th-ranked Marquette Golden Eagles in Big East Conference action.
O
<< Pitt continues to build head of steam as home stretch approaches
East Rutherford, NJ (Sportsbook Betting Lines) - The seventh-ranked Pittsburgh Panthers
continue their quest for the Big East Conference regular season title, and
they will take another step in the right direction if they can knock off the
Seto
<< Jayhawks and Wildcats square off in pivotal Big 12 clash
Manhattan, KS (Sportsbook Betting Lines) - Kansas hopes to extend its winning streak
to five games as it battles long-time rival Kansas State in Big 12
Conference action from Manhattan.
The fourth consecutive win for KU came on
Zetterberg, Selanne and Sakic earn NHL weekly honors >>
New York, NY (Sportsbook Betting Lines) - Detroit Red Wings left wing Henrik
Zetterberg, Anaheim Ducks right wing Teemu Selanne and Colorado Avalanche
center Joe Sakic have been named the NHL's Three Stars for the week ending
Februar
Grand Rapids' Ellis garners AHL weekly honors >>
Springfield, MA (Sportsbook Betting Lines) - The American Hockey League announced today
that Grand Rapids Griffins center Matt Ellis has been named the CCM Vector/AHL
Player of the Week for the period ending February 18, 2007. Ellis recorded
four goals a
New man in Charge: San Diego turns to Norv >>
San Diego, CA (Sportsbook Betting Lines) - The San Diego Chargers are reportedly set to
name Norv Turner as their new head coach.
The San Diego Union-Tribune reported Monday that Turner will replace Marty
Schottenheimer, who was fired just one we
Report: Jays, Gibbons agree to one-year extension >>
Dunedin, FL (Sportsbook Betting Lines) - The Toronto Blue Jays have reportedly agreed to
a one-year extension with manager John Gibbons.
The Toronto Globe and Mail reported on Monday that the Blue Jays reached an
agreement with Gibbons on a deal th
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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