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07/11/2010 - Coquimbo, Chile (Sportsbook Betting Lines) - Ivo Minar won the second reverse singles match for the Czech Republic on Sunday to complete a 4-1 rout of host Chile in the Davis Cup quarterfinals.
Minar posted a 7-6 (7-2), 6-2 victory over Cristobal Saavedra-Corvalan after Chilean Jorge Aguilar was a 6-1, 7-6 (8-6) winner over Lukas Dlouhy in the first reverse singles match.
Dlouhy and Jan Hajek clinched the tie for the Czechs on Saturday with a doubles win over Aguilar and Nicolas Massu.
The Czech Republic will face Serbia in September's semifinals.
<< Royals' Greinke scratched from start
Chicago, IL (Sportsbook Betting Lines) - The Kansas City Royals scratched reigning
American League Cy Young Award winner Zack Greinke from his scheduled start
Sunday against the Chicago White Sox.
The right-hander is experiencing discomfort
<< Astros name Bagwell hitting coach
Houston, TX (Sportsbook Betting Lines) - The Houston Astros have named Jeff Bagwell
their new hitting coach, replacing the fired Sean Berry.
Bagwell had been serving as a special assistant to the general manager since
his retirement in 2006. He
<< Wiesberger wins on Challenge Tour
Monthieux, France (Sportsbook Betting Lines) - Austria's Bernd Wiesberger fired a
course-record, nine-under 62 on Sunday to come from behind and win the Allianz
Golf Open de Lyon on the European Challenge Tour.
Wiesberger finished at 17-under
<< Hudson will make start for White Sox
CHICAGO (AP) -The Chicago White Sox have called up right-hander Daniel Hudson from Triple-A Charlotte for Sunday's start against the Kansas City Royals in place of injured Jake Peavy.Hudson was 1-1 in six games, including two starts, last season for
Bagwell taking over as Astros hitting coach >>
HOUSTON (AP) -Former Astros All-Star Jeff Bagwell is taking over as Houston's hitting coach after the team fired Sean Berry on Sunday.Berry became ``a victim of circumstances'' as the Astros' offense has sputtered this season, general manager Ed Wad
Phillies strike out on replay reviews >>
PHILADELPHIA (AP) -The Philadelphia Phillies went 0 for 2 on video replay reviews after two doubles were not changed into home runs against the Cincinnati Reds.Carlos Ruiz led off the third inning Sunday with a ground-rule double when a fan reached
Dodgers' Kuo to replace Heyward on All-Star team >>
New York, NY (Sportsbook Betting Lines) - Los Angeles Dodgers reliever Hong-Chih Kuo
has been named as the replacement for Atlanta outfielder Jason Heyward on the
National League All-Star team.
Heyward was a fan-elected starter for the team,
World Cup final scoreless at halftime >>
Johannesburg, South Africa (Sportsbook Betting Lines) - The Netherlands and Spain are
scoreless through 45 minutes of the FIFA World Cup final at Soccer City
Stadium on Sunday.
Spain threatened a few times in the early going and nearly
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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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