11/19/2008 - Minneapolis, MN (Sportsbook Betting Lines) - Minnesota Vikings defensive end Jared Allen was fined, but not suspended for a hit on Green Bay Packers quarterback Aaron Rodgers.
Coach Brad Childress said on Wednesday that, while Allen will be fined $25,000, the player will not be punished further. Allen was summoned to the league office Tuesday to talk about his play.
Allen was fined $50,000 for two late hits earlier this month on Houston quarterback Matt Schaub, one that injured his knee. The following week against Green Bay, Allen was called for roughing the passer on a helmet-to-helmet hit on Rodgers.
A fifth-year player out of Idaho State, Allen has paid dividends on the trade the Vikings made in the offseason to acquire him from Kansas City. The 26- year-old has eight sacks and two safeties in 10 games for the Vikings this season.
<< Morse extends lead at Q-School
Coral Springs, FL (Sportsbook Betting Lines) - John Morse carded a three-under 69
Wednesday to push his lead to three strokes after two rounds of the Champions
Tour National Qualifying Tournament.
Morse completed 36 holes at eight-under-par 13
<< Ottawa recalls Binghamton center Bass
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators recalled Cody Bass from
their American Hockey League affiliate, the Binghamton Senators, it was
announced on Wednesday.
Bass, who began the 2008-09 season with Ottawa, has one go
<< San Jose sends Staubitz to Worcester
Worcester, MA (Sportsbook Betting Lines) - The San Jose Sharks reassigned forward Brad
Staubitz to their American Hockey league affiliate, the Worcester Sharks, it
was announced on Wednesday.
Staubitz has played in nine games with San Jose during
<< Bologna signs Brazilian Cesar
Bologna, Italy (Sportsbook Betting Lines) - Serie A strugglers Bologna have bolstered
their squad with the signing of former Lazio and Inter Milan midfielder
Cesar Aparecido.
The 34-year-old Brazilian is a free agent after leaving Inter a
Around FCS: November Nail-Biters >>
Philadelphia, PA (Sportsbook Betting Lines) - From Maine to Montana, FCS teams will be
playing on Saturday with the playoffs on their minds.
College basketball has its conference tournaments to determine bids and
seeding in the NCAA Division I Basketb
Hawks' Horford will not play against the Wizards >>
Atlanta, GA (Sportsbook Betting Lines) - Atlanta Hawks center/forward Al Horford is not
expected to play in Wednesday's game against the Washington Wizards after
spraining his right ankle against the Pacers on Tuesday.
Horford is listed as day-to-day.
Tar Heels' F Zeller likely done for season >>
Chapel Hill, NC (Sportsbook Betting Lines) - North Carolina freshman forward Tyler
Zeller suffered a fractured left wrist in Tuesday's 77-58 win over Kentucky
and, after undergoing surgery on Wednesday, doctors believe it is a season-
ending
Yao out against Mavericks >>
Houston, TX (Sportsbook Betting Lines) - Houston Rockets center Yao Ming will not
play in Wednesday's contest against Dallas because of a left foot ailment.
Yao left in the fourth quarter of Monday's 100-89 win over Oklahoma City
because
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 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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