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05/01/2009 - Newport, Wales (Sportsbook Betting Lines) - Promising amateur golfer Ben Enoch has been killed in a car accident, the Golf Union of Wales said.
Enoch, who was 19, was a runner-up at the Welsh Amateur Championship last summer. He had a chance of making the Walker Cup team this year, said Richard Dixon, chief executive of the Golf Union of Wales.
"Everyone is devastated by the news," said Dixon. "Ben was one of the most promising golfers in Wales, a bright and vibrant personality [on] our teams."
Enoch was set to attend East Tennessee State University on a golf scholarship. His older brother, Rhys, is already a student there.
"All of us associated with the ETSU Golf Team, and in the entire athletics program, are devastated by Ben's death," said head golf coach Fred Warren. "He not only was an internationally ranked golfer with an unlimited future in the game, he was an outstanding young man and student."
<< Orlando's Lee has surgery
Philadelphia, PA (Sportsbook Betting Lines) - Orlando Magic shooting guard Courtney Lee
underwent surgery on his fractured sinus Thursday, and he could miss the
remainder of the playoffs.
Lee had already been ruled out for Thursday's Game 6 in Ph
<< Still perfect at home: Dodgers top Padres
Los Angeles, CA (Sportsbook Betting Lines) - Orlando Hudson hit a two-run homer as the
Los Angeles Dodgers took an 8-5 win over the San Diego Padres in the opener of
a four-game series.
Manny Ramirez went 2-for-3 with a solo home run and two runs sc
<< Blastoff: Rockets finally advance to Round 2
Houston, TX (Sportsbook Betting Lines) - Ron Artest scored 27 points and the Houston
Rockets broke a first-round hex by throttling Portland, 92-76, to finish their
Western Conference quarterfinal series in six games.
Yao Ming totaled 17 points a
<< Cantu, Marlins score six in the 10th to down Cubs
Chicago, IL (Sportsbook Betting Lines) - Jorge Cantu stroked a three-run double to
highlight a six-run 10th inning, helping the Florida Marlins to an 8-2 win
over the Chicago Cubs in the opener of a four-game series.
Cantu finished with fou
Yanks, Angels continue set in the Bronx >>
(Sportsbook Betting Lines) - The New York Yankees try to push their winning streak to a
season-high four games this evening when they play the second test of their
four-game series with the Los Angeles Angels of Anaheim at Yankee Stadium.
The Yankees
Brewers hope for better effort from Parra in test with Diamondbacks >>
(Sportsbook Betting Lines) - The Milwaukee Brewers have been unbeatable over the last 10
days, except for games in which Manny Parra has pitched. The struggling hurler
hopes to end his struggles when he takes the mound for the red-hot Brewers in
tonight'
Peavy aims to get on track against Dodgers >>
(Sportsbook Betting Lines) - Jake Peavy hasn't pitched to his typical standards over his
last two starts. Perhaps a matchup with the Los Angeles Dodgers is what the
San Diego Padres ace needs to get back to form.
Peavy will try to maintain his career-
Rockies, Giants both aim to extend hot streaks >>
(Sportsbook Betting Lines) - The San Francisco Giants and Colorado Rockies each got
their 2009 campaigns off to slow starts, but both teams have been showing
signs of breaking out as of late.
The two National League West foes aim to continue their goo
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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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