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02/12/2012 - Tallahassee, FL (Sportsbook Betting Lines) - Haley Peters scored 18 points and the fifth-ranked Duke Blue Devils held off the Florida State Seminoles, 67-57.
Elizabeth Williams and Shay Selby added 13 and 11 points, respectively, for the Blue Devils (21-3, 12-0 ACC), who have won five in a row since a loss to Connecticut on January 30.
Alexa Deluzio ended with 18 points for the Seminoles (13-13, 5-7), who have lost two straight. Natasha Howard donated 14 points.
<< Star-spangled Sunday: Rangers stay hot, clip Capitals
New York, NY (Sportsbook Betting Lines) - Brandon Prust's short-handed goal early in the
third period proved to be the difference, as the Eastern Conference-leading
New York Rangers took down the Washington Capitals, 3-2.
Fresh off a hat trick ag
<< Hertha fires Skibbe after five matches
Berlin, Germany (Sportsbook Betting Lines) - Michael Skibbe's tenure as Hertha Berlin
coach is over after just five matches.
Hertha Berlin lost all five matches since Skibbe replaced Markus Babbel, and
now sits in 15th place and just two points
<< Celtics' Bass to miss time with knee injury
Boston, MA (Sportsbook Betting Lines) - Boston Celtics forward Brandon Bass will miss at
least 10 days of action due to a knee injury.
Bass, who could miss up to two weeks, is averaging 11.6 points and 6.1
rebounds in 25 games (five starts) th
<< Tipsarevic propels Serbs into Davis Cup quarters
Nis, Serbia (Sportsbook Betting Lines) - Serbia needed only one victory on Sunday
against Sweden, and world No. 9 Janko Tipsarevic did not waste any time
in the first reverse singles rubber as he helped the 2010 champions beat
Sweden
Bryant's late shot gets Lakers past Raptors >>
Toronto, ON (Sportsbook Betting Lines) - Kobe Bryant broke away from the double team of
James Johnson and DeMar DeRozan while Metta World Peace led him perfectly
into the right corner on the inbounds pass.
Bryant pulled up along the right base
Bordeaux edges Lille in nine-goal thriller >>
Lille, France (Sportsbook Betting Lines) - Ludovic Obraniak scored 3 minutes into injury
time and Bordeaux escaped Stadium Lille Metropole with a 5-4 win over Lille on
Sunday in Ligue 1, despite blowing a three-goal second-half lead.
Nicolas Maurice-B
Ronaldo's hat trick lifts Real over 10-man Levante >>
Madrid, Spain (Sportsbook Betting Lines) - Cristiano Ronaldo scored a hat trick after
Levante had Vicente Iborra sent off, and Real Madrid won 4-2 at the Bernabeu
on Sunday to open a 10-point lead atop La Liga.
Gustavo Cabral fired fourth-place
No. 6 Miami-Florida edges No. 8 Maryland >>
College Park, MD (Sportsbook Betting Lines) - Stefanie Yderstrom poured in a game-high
26 points and No. 6 Miami-Florida edged eighth-ranked Maryland, 76-74, on
Sunday.
Shenise Johnson netted 20 points and pulled down seven rebounds to go w
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.
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