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09/07/2010 - Denver, CO (Sportsbook Betting Lines) - The Cincinnati Reds recalled pitcher Edinson Volquez from Single-A Dayton so he could be a part of the team's pitching staff down the stretch.
Volquez missed most of the season after Tommy John surgery and a 50-game suspension for performance-enchaning substances and struggled upon his return, going 3-2 with a 6.17 earned-run average in eight starts. He was sent to Dayton to work on his mechanics.
In two starts for the Dragons, Volquez allowed two runs in 13 innings, with 19 strikeouts and just four walks.
<< Jets bring back FB Richardson
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets re-signed Tony
Richardson on Tuesday, just two days after releasing the veteran fullback.
He had re-signed with the team in March after blocking last season for the
NFL's t
<< Youzhny reaches Open quarters; Querrey ousted in five sets
Flushing Meadows, NY (Sportsbook Betting Lines) - Former semifinalist Mikhail Youzhny
was a fourth-round winner Tuesday at the 2010 U.S. Open, while Sam Querrey,
the final American in the field, was beaten in five sets by Switzerland's
Stanislas Wawrinka
<< Chicago's Boquete wins WPS Player of the Week
Bridgeview, IL (Sportsbook Betting Lines) - Chicago Red Stars attacker Veronica Boquete
was named Women's Professional Soccer Player of the Week for Week 21 on
Tuesday.
Boquete led the Red Stars to wins in their final two games of the 2010 sea
<< Alouettes QB Calvillo expected to sit vs. Ticats
Toronto, ON (Sportsbook Betting Lines) - Montreal Alouettes quarterback Anthony
Calvillo will likely not play in his club's next game with the Hamilton Tiger-
Cats on Saturday.
TSN of Canada and CFL.ca both reported on Tuesday that while
Seahawks re-sign Babineaux >>
Renton, WA (Sportsbook Betting Lines) - The Seattle Seahawks on Tuesday re-signed
defensive back Jordan Babineaux.
Babineaux, who was released by Seattle over the weekend, registered a career-
high 105 tackles as the starting free safety last
Cabrera exits early against ChiSox >>
Detroit, MI (Sportsbook Betting Lines) - Detroit Tigers infielder Miguel Cabrera left
Tuesday's game against the Chicago White Sox after the fifth inning with an
undisclosed injury.
Entering Tuesday's action, Cabrera was batting .334 with 33 home ru
Gee wiz! Mets hurler sparkles in MLB debut >>
Washington, DC (Sportsbook Betting Lines) - Dillon Gee was sensational in his major
league debut, carrying a no-hitter through five innings, as the New York Mets
topped the Washington Nationals, 4-1.
Gee (1-0) allowed just one run on two hit
Reimold, Jones help Orioles down Yanks >>
Bronx, NY (Sportsbook Betting Lines) - Nolan Reimold hit a two-run home run and Adam
Jones had a key two-run single to back the solid pitching of Jake Arrieta as
Baltimore stymied New York, 6-2, in the second of three meetings at Yankee
Stadium
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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