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12/29/2011 - Hallandale Beach, FL (Sportsbook Betting Lines) - The first of the year also means the beginning of the Triple Crown trail to the Kentucky Derby. The first stakes on that road is Sunday's Gulfstream Park Derby, a new race on the calendar.
The 1 1/16-mile event worth $100,000 has attracted a field of 11 three-year- olds for the main track. Post-time for the Gulfstream Park Derby is slated for 4:45 p.m. (et).
Topping the field is Spectacular Bid Stakes winner Ancient Rome. Trained by Tony Dutrow, the colt has drawn post seven with Joe Rocco Jr. again getting the riding assignment.
"I honestly don't know what to expect," Dutrow said. "Ancient Rome certainly has the talent, and if he can get the distance, he's going to be a useful three-year-old this year. It's all about experimenting here."
In the Spectacular Bid on December 3, Ancient Rome pressed the pacesetter and was able to put his nose on the wire, covering the six-furlongs in 1:08.95.
"He's always shown that toughness," Dutrow said. "That's one thing we know for sure about him. I would anticipate coming out of those sprint races he would be out on the lead or at least with the pacemakers.
"He's by Roman Ruler so we're looking at that when thinking about the stretch out. His daddy has produced a Belmont winner (Ruler on Ice) so we'll just have to wait and see."
Owned by Michael Dubb, Ancient Rome was second in his first start with Jeremy Rose in the saddle at Delaware Park. In his second career race, the colt, with Rocco riding, won by 7 3/4-lengths at Delaware as the 3-10 favorite. He has earnings of $92,000.
Here is the full field in post position order: King Kid, Corey Lanerie; Reveron, Fernando Jara; Gold Megillah, Edgar Prado; Nachas and Joy, Rajiv Maragh; Casual Trick, John Velazquez; Silver Menace, Javier Castellano; Ancient Rome, Joe Rocco Jr., Politicallycorrect, Elvis Trujillo, Ravelo's Boy, Jeffrey Sanchez; Rex's Last Tour, Daniel Centeno and Yourhonorandglory, Kendrick Carmouche.
<< Thoroughbred Times honored with Media Eclipse Award
New York, NY (Sportsbook Betting Lines) - For its coverage of this year's Breeders' Cup
World Championships, Thoroughbred Times has received the Media Eclipse Award
in the Audio/Multi-Media Internet category. The honor was for "Breeders' Cup -
On the
<< Bordeaux set to add Brazilian defender Mariano
Bordeaux, France (Sportsbook Betting Lines) - Bordeaux agreed to sign Brazilian defender
Mariano Ferreira Filho from Fluminense, and he will complete his switch to the
French club pending a physical and official signing of a contract.
Mariano, 25, wil
<< Philly-NYC rivalry adds to Classic excitement
Philadelphia, PA (Sportsbook Betting Lines) - Long before there was an NHL or even a
Stanley Cup, the rivalry between the cities of Philadelphia and New York
existed.
New York is the obvious heavy in the matchup; a gigantic, world-class
metropolis th
<< ESPN and HRTV recognized with Media Eclipse Awards
New York, NY (Sportsbook Betting Lines) - The Media Eclipse Award in the Television -
Live Racing Programming category has been given to ESPN for its live coverage
of the 2011 Breeders' Cup Classic. This is the third straight year that the
network
Wings place Holmstrom on IR >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Red Wings placed forward Tomas
Holmstrom on injured reserve and recalled forward Gustav Nyquist from Grand
Rapids of the AHL.
Holmstrom has been sidelined with a groin injury since Mo
Brady limited in practice by shoulder injury >>
Foxboro, MA (Sportsbook Betting Lines) - New England Patriots quarterback Tom Brady was
limited in practice Thursday because of a left shoulder injury, although his
exact condition remains unclear.
Brady had missed practice Wednesday, but the team
Lions ink RB Harris to extension >>
Vancouver, BC (Sportsbook Betting Lines) - The Grey Cup champion British Columbia
Lions locked up a key part of their championship puzzle on Thursday, inking
running back Andrew Harris to a contract extension.
Terms of the deal were not disc
Browns' Shurmur still won't rule out McCoy >>
Berea, OH (Sportsbook Betting Lines) - Cleveland Browns coach Pat Shurmur says he still
hasn't ruled out quarterback Colt McCoy for Sunday's season-finale against the
Steelers.
McCoy has missed the last two games because of a concussion he suffered
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.
It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.
As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.
Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.
Always a threat are the Ottawa Senators, with newly acquired goaltender Martin Gerber from the Stanley Cup champion ,Carolina Hurricanes. The Sens are second best in the rankings at a 7-1 bet, and odds makers at this sportsbook are optimistic that the Ottawa squad will fare better than last season's Eastern Conference semi-final upset to the Buffalo Sabres.
Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.
To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.
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