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Basketball Betting
 

NBA Basketball Betting

Rockies' Torrealba has tear in knee

Baseball Betting Lines

08/14/2008 - Denver, CO (Sportsbook Betting Lines) - Rockies catcher Yorvit Torrealba was scratched from the lineup for Thursday's game against the Arizona Diamondbacks with an injury that was later diagnosed as a small meniscus tear in his left knee.

According to a story on MLB.com on Thursday, Rockies manager Clint Hurdle said that the team will keep Torrealba off the disabled list to see if he can recover from the injury in a few days. It is unclear if surgery could be needed.

Chris Iannetta started in Torrealba's place and went 2-for-3 in Colorado's loss to Arizona. The club called up backstop Adam Melhuse from Triple-A Colorado Springs on Thursday. To clear a roster spot for Melhuse, the Rockies optioned outfielder Cory Sullivan to Colorado Springs.

Torrealba is hitting .250 with five homers and 28 RBI in 64 games this season. In 29 games with the Sky Sox, the 36-year-old Melhuse was hitting .317 with three home runs and 14 RBI.


<< Seattle Sounders FC
Signed goalkeeper Kasey Keller to a multi-year contract.

<< Matsuzaka dominates again as Red Sox sweep Rangers
Boston, MA (Sportsbook Betting Lines) - Daisuke Matsuzaka threw seven shutout innings, and Boston used a nine-run second inning to cruise to a 10-0 win over Texas, to complete a three-game sweep of the Rangers. Matsuzaka (14-2) surrendered six hit

<< Cubs' Ramirez day-to-day with bruised hip
Atlanta, GA (Sportsbook Betting Lines) - Chicago Cubs third baseman Aramis Ramirez left Thursday's victory against the Atlanta Braves with a left hip bruise. His status is day-to-day. Ramirez scored from second on a double by Geovany Soto in the

<< Seven share Tradition lead
Bend, OR (Sportsbook Betting Lines) - Jay Haas and defending champion Mark McNulty were among seven players to shoot five-under 67 on Thursday and share the first- round lead of The Tradition. Craig Stadler, Gene Jones, Mark Wiebe, Tim Simpson

<< Lakers sign F Powell
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Lakers signed forward Josh Powell, the club announced Thursday. Terms of the deal were not disclosed. Powell comes to the Lakers from the other Los Angeles franchise,

Pirates reinstate 1B LaRoche from DL >>
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Pirates reinstated first baseman Adam LaRoche from the 15-day disabled list Thursday, and optioned infielder Jose Bautista to Triple-A Indianapolis. LaRoche hit the DL on July 29 wi

Rays take series in Oakland >>
Oakland, CA (Sportsbook Betting Lines) - Carlos Pena hit the go-ahead solo home run in the 12th and Dioner Navarro wound up with the eventual game-winning RBI single, as the Tampa Bay Rays edged the Oakland Athletics 7-6, in the rubber match o

Orioles score eight in eighth, down Indians >>
Cleveland, OH (Sportsbook Betting Lines) - Lou Montanez highlighted an eight-run eighth inning with two hits and two RBI en route to a three-hit night to lead the Baltimore Orioles over the Cleveland Indians, 11-6, in the finale of a four-ga

Cubs power past Braves to complete sweep >>
Atlanta, GA (Sportsbook Betting Lines) - Alfonso Soriano and Aramis Ramirez both blasted homers, as the Cubs completed a three-game sweep of the Atlanta Braves by an 11-7 margin at Turner Field. The two Chicago sluggers led the scoring, combining

Eagles rally to down Panthers in preseason action >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Eagles had a huge fourth quarter comeback to defeat the Carolina Panthers, 24-13, in a game marred by bad weather, including a rare lightning delay. Neither team managed to score an off


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.

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 sportsbook 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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