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10/16/2007 - New York, NY (Sportsbook Betting Lines) - The race order and post-times for the 24th Breeders' Cup World Championships, scheduled for Friday, October 26 and Saturday, October 27 at Monmouth Park, have been announced.
The first ever two-day extravaganza of the annual event will commence on Friday of next week with the running of the $1 million Breeders' Cup Filly & Mare Sprint at 4:25 p.m. (et).
Set for 5 p.m. is the $1 million Breeders' Cup Juvenile Turf race for two- year-olds. The first day will conclude with the $1 million Breeders' Cup Dirt Mile with a post-time of 5:35 p.m. Due to the configuration of Monmouth Park the Dirt Mile will be run at the distance of one-mile and 70 yards.
The Saturday schedule for the Breeders' Cup is unchanged from recent years with minor post-time adjustments.
The $2 million Breeders' Cup Juvenile Fillies will have a post-time of 12:30 p.m. Approximately every 40 minutes another race will go off.
Here are the remaining Breeders' Cup races as scheduled: $2 million Breeders' Cup Juvenile, 1:10 p.m.; $2 million Breeders' Cup Filly & Mare Turf, 1:55 p.m.; $2 million Breeders' Cup Sprint, 2:35 p.m.; $2 million Breeders' Cup Mile, 3:20 p.m.; $2 million Breeders' Cup Distaff, 4:05 p.m.; $3 million Breeders' Cup Turf, 4:50 p.m. and $5 million Breeders' Cup Classic, 5:35 p.m.
<< Panthers use an ancient formula for success
(Sportsbook Betting Lines) - Consider the Carolina Panthers' 25-10 victory over the
Arizona Cardinals this past Sunday a win for the ages.
With No. 1 quarterback Jake Delhomme out for the season with a damaged right
elbow and backup David Carr dealing
<< Orioles claim P Novoa from Cubs
Baltimore, MD (Sportsbook Betting Lines) - The Orioles Tuesday claimed pitcher Roberto
Novoa off waivers from the Chicago Cubs.
Novoa, a 28 year-old righthander, spent the 2007 season on the disabled list
with a right humeral head fracture suffere
<< Cowboys just another opponent for Pats
(Sportsbook Betting Lines) - The week-long buildup ended in a familiar way for the New
England Patriots. In the end, the Dallas Cowboys were just another opponent.
And nobody undersold it more than their quarterback.
"It's really early in the season
<< Raiders Hit By Reality
(Sportsbook Betting Lines) - No one can fault the Raiders or their fans for getting a
little excited about the club's 2-2 start. After all, it's not often that you
see a team match its win total from a year prior before the month of October.
However,
Mangini starting to lose that genius moniker >>
(Sportsbook Betting Lines) - It is easy to blame the New York Jets' pathetic 1-5 start
on quarterback Chad Pennington. He has certainly done his part to bring this
team back to the sub-mediocrity level their fan base has grown accustomed to
for all these
Harrington leads Grand Slam by one >>
Tucker's Town, Bermuda (Sportsbook Betting Lines) - British Open champion Padraig
Harrington posted a three-under-par 67 Tuesday to grab a one-stroke lead after
the first round of the PGA Grand Slam of Golf at the Mid Ocean Club.
U.S. Open ch
Giants standing tall after authoritative win >>
(Sportsbook Betting Lines) - The three-game win streak the New York Giants brought into
Monday night's battle with the Atlanta Falcons at the Georgia Dome came with
an asterisk attached to it. The club overcame shoddy first-half performances
in victories
Texans get trampled in Jacksonville >>
(Sportsbook Betting Lines) - The Houston Texans knew what they were up against this
past weekend in Jacksonville, but still couldn't find a way to stop it.
The Texans suffered a 37-17 loss to the AFC South-rival Jaguars Sunday at
Jacksonville Municipa
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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