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02/27/2007 - Tampa, FL (Sportsbook Betting Lines) - New York Yankees right fielder Bobby Abreu is expected to be sidelined the next 2-to-3 weeks due to a strained right oblique muscle.
Abreu was hurt during batting practice Monday at Legends Field, but he'll probably be ready for Opening Day on April 2 at home versus Tampa Bay.
Acquired from Philadelphia last season Abreu had 107 RBI in 2006, including 42 with the Yankees. He surpassed the 100 RBI mark for the fifth time in his career and led all major leaguers with 124 walks. Incredibly, he has reached the 100-walk plateau in eight consecutive seasons, becoming only the third player in big league history to do so.
Abreu, who will turn 33 on March 11, finished the season hitting .297 with 15 homers and 30 steals.
Because of Abreu's injury, Melky Cabrera will get most of the playing time in right field during spring training.
<< Bills re-sign Chris Kelsay
Orchard Park, NY (Sportsbook Betting Lines) - The Buffalo Bills re-signed defensive
end Chris Kelsay on Monday to a multi-year contract.
Eligible to become an unrestricted free agent on Friday, Kelsay recorded a
career-high 5 1/2 sacks, whi
<< Islanders acquire Zednik from Caps
Uniondale, NY (Sportsbook Betting Lines) - The New York Islanders have acquired left
wing Richard Zednik from the Washington Capitals in exchange for a second-
round pick in the 2007 NHL Entry Draft.
Zednik is having one of his worst offensive
<< Prammanasudh enters top 20 in Rolex Rankings
Philadelphia, PA (Sportsbook Betting Lines) - Stacy Prammanasudh won for the second
time on the LPGA Tour on Saturday, helping her jump 11 places to No. 19 in the
latest Rolex Women's World Golf Rankings.
There was no change in the top 10, but ev
<< Duke still No. 1, though not unanimous
New York, NY (Sportsbook Betting Lines) - Duke remained the top-ranked team in the
latest Associated Press women's college basketball poll, but the Blue Devils
are no longer a unanimous choice.
The Blue Devils (29-0) finished the regular seaso
McGrady out for Monday's game versus Celtics >>
Houston, TX (Sportsbook Betting Lines) - Houston Rockets forward Tracy McGrady is
expected to miss Monday night's game against the Boston Celtics because of an
illness.
McGrady is suffering from flu-like symptoms.
He is averaging 24.6 point
Calder to Detroit, Williams to Chicago in three-way deal >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers dealt struggling
Kyle Calder in a three-way deal that saw the left winger wind up in Detroit
and center Jason Williams land in Chicago on Monday.
The Blackhawks sent defensem
Dalembert boosts Sixers over Kings >>
Philadelphia, PA (Sportsbook Betting Lines) - Samuel Dalembert posted 20 points and 17
rebounds, as the Philadelphia 76ers opened a six-game homestand with an 89-82
victory over the Sacramento Kings.
Andre Iguodala notched 22 points and eight boa
Hossa leads Thrashers over Bruins >>
Boston, MA (Sportsbook Betting Lines) - Marian Hossa scored the game-winning goal to
help the new-look Atlanta Thrashers to a 3-2 win over the Boston Bruins at TD
Banknorth Garden.
Atlanta made a couple of big moves over the weekend that the te
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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