Dwnverbroncos Autoracing Betting News

<< Jacksonville State to play Arkansas, Florida
Jacksonville, AL (Sportsbook Betting Lines) - Jacksonville State's Jack Crowe still keeps his ties to the SEC. The dean of Ohio Valley Conference head football coaches will lead his Gamecocks program into not one, but two games against SEC opponents i

<< Valencia signs Argentine Banega to extension
Valencia, Spain (Sportsbook Betting Lines) - Valencia has signed Argentine midfielder Ever Banega to a contract extension through June 2015. Banega, 23, joined Valencia in 2008 from Boca Juniors and has played 87 games with the Spanish side. Bane

<< Inter's Forlan picks up new injury
Milan, Italy (Sportsbook Betting Lines) - Inter Milan forward Diego Forlan has suffered strained right hip flexor, and will be sidelined for an unknown period. The Uruguayan international joined Inter from Atletico Madrid last summer, but the 32-year

<< Third class set to be inducted into NASCAR Hall of Fame
Charlotte, NC (Sportsbook Betting Lines) - Five new members will be enshrined into the NASCAR Hall of Fame on Friday. Cale Yarborough, Darrell Waltrip, Richie Evans, Dale Inman and Glen Wood make up the 2012 class. They were voted into the NASCAR

DePaul F Freeland intends to transfer >>
Chicago, IL (Sportsbook Betting Lines) - DePaul junior forward Tony Freeland plans to transfer due to a family illness, the school announced Thursday. Freeland, who was already out for the season due to a shoulder injury, said that he is going h

Giants' Manning returns to practice >>
East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants quarterback Eli Manning was a full participant in practice on Thursday after leaving Wednesday's practice with a stomach illness. "I'm 100 percent. I had a full practice today,

AC Milan's Pato to miss 3-4 weeks >>
Milan, Italy (Sportsbook Betting Lines) - AC Milan striker Alexandre Pato is expected to miss three to four weeks with a thigh injury sustained Wednesday in the Coppa Italia win over Novara. Pato's extra-time goal helped Milan defeat Novara, 2-1, but

Report: Saints hire Spagnuolo as defensive coordinator >>
Metairie, LA (Sportsbook Betting Lines) - The New Orleans Saints have decided on Steve Spagnuolo as their next defensive coordinator, according to a report by FOX's Jay Glazer. Spagnuolo spent the last three seasons as the head coach of the St

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.