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08/19/2010 - Kansas City, KS (Sportsbook Betting Lines) - Kansas City Wizards striker Teal Bunbury has been suspended one game and fined $250 by the Major League Soccer Disciplinary Committee, it was announced Thursday.
The decision comes following a review of an incident between Bunbury and San Jose defender Tim Ward in the 47th minute of last Saturday's match. Bunbury was not called for a foul on the play, but after review the league decided to discipline the rookie forward.
Bunbury, who has two goals and an assist this season, will serve his suspension during Kansas City's MLS fixture vs. the New England Revolution on Saturday at CommunityAmerica Ballpark.
<< Whitney champ Blame training for Jockey Club Gold Cup
Saratoga Springs, NY (Sportsbook Betting Lines) - Four-year-old colt Blame, fresh off
his victory in the Whitney Handicap, had a half-mile workout Thursday morning
at Saratoga. The Al Stall, Jr. trainee is being prepared for the $750,000
Jockey
<< Yankees use sixth-inning blitz to subdue Tigers
Bronx, NY (Sportsbook Betting Lines) - Robinson Cano's two-run home run capped a nine-
run sixth inning as the New York Yankees clobbered the Detroit Tigers, 11-5,
in the finale of a four-game set.
Cano finished the game 3-for-5 with three RBI
<< Nats go deep to down Braves, avoid sweep
Atlanta, GA (Sportsbook Betting Lines) - Mike Morse and Willie Harris each homered, as
the Washington Nationals took down the Atlanta Braves, 6-2, to avoid a three-
game sweep at Turner Field.
Ryan Zimmerman, Roger Bernadina, and Ian Desmond ea
<< Woods commits to playoffs opener
Orlando, FL (Sportsbook Betting Lines) - Tiger Woods will defend his FedEx Cup title.
The world No. 1 announced on his website Thursday that he will play in The
Barclays next week. The event kicks off the PGA Tour's FedEx Cup playoffs for
the top
Sox C Saltalamacchia on DL with infection >>
Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox placed back-up catcher Jarrod
Saltalamacchia on the 15-day disabled list Thursday after doctors discovered
an infection in his right leg.
The Boston Globe reported that Saltalamacchia wen
Clijsters into QFs; Dementieva upended in Montreal >>
Montreal, QC (Sportsbook Betting Lines) - U.S. Open champion Kim Clijsters was an easy
third-round victor, while defending Rogers Cup champ Elena Dementieva was an
upset victim Thursday at this $2 million Canadian event, a U.S. Open tune-
up.
The
G-Men sign QB Randolph; Sorgi out with sore shoulder >>
Albany, NY (Sportsbook Betting Lines) - The New York Giants signed quarterback Dominic
Randolph on Thursday, to address a growing issue under center.
The move came after it was revealed that backup QB Jim Sorgi has an arm
injury, and, accor
Mets activate C Barajas >>
Houston, TX (Sportsbook Betting Lines) - The New York Mets activated catcher Rod
Barajas from the 15-day disabled list Thursday.
Barajas had been on the DL since July 27 with a strained left oblique.
Prior to his stint on the DL, he was b
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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