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03/02/2010 - Oakland, CA (Sportsbook Betting Lines) - The Golden State Warriors will likely be without guard Monta Ellis and center Andris Biedrins for the duration of the club's five-game road trip beginning Tuesday in Miami.
Neither traveled with the team on Monday to Miami as Ellis underwent an MRI exam on his sore back that revealed a lower back strain.
Biedrins is set to meet with Dr. William Meyers -- an expert in the field of sports hernias and athletic pubalgia -- next Monday in Philadelphia after suffering a right groin injury in Saturday's triumph over Detroit. Ellis sat Saturday with his balky back.
Ellis has already missed time this season with a left knee sprain and ankle sprain, while Biedrins was forced to miss 24 games from November-December with a sore back.
Despite the injuries, Ellis has come into his own in his fifth NBA season. His 25.7 points per game ranks sixth in the NBA, while he's also leading the team in assists (5.3 pg) and steals (2.2 pg).
Biedrins is the team's leading rebounder at 7.8 per game and is contributing averages of 5.0 points and 1.3 blocks as well.
The team signed forward Reggie Williams to a 10-day contract from the NBA's Developmental League as insurance.
<< PSG bans fans from away matches
Paris, France (Sportsbook Betting Lines) - PSG will not make tickets available to its
fans for road matches following a fight last weekend that left a supporter in
critical condition, club President Robin Leproux said Tuesday.
A 38-year-old PSG f
<< 2011 Pro Bowl to be played before Super Bowl XLV
New York, NY (Sportsbook Betting Lines) - The National Football League announced on
Tuesday that the 2011 Pro Bowl, which is to return to Honolulu after a one-
year absence, will be once again played the week before the Super Bowl.
The decisio
<< RSL releases pair of veterans, pair of rookies
Sandy, UT (Sportsbook Betting Lines) - Real Salt Lake waived midfielder/forward Rachid
El Khalifi and forward Abe Thompson and released rookie defenders Kris
Banghart and Justin Davis from its preseason camp, the Major League Soccer
club an
<< Liverpool's Skrtel could miss rest of season
Liverpool, England (Sportsbook Betting Lines) - Liverpool defender Martin Skrtel could
struggle to return to first-team action before the end of the season after
being told he faces an eight-week lay-off with a broken metatarsal.
He suffered the
Schalke signs teenage midfielder Matip >>
Gelsenkirchen, Germany (Sportsbook Betting Lines) - Schalke signed teenage midfielder
Joel Matip to a 3 1/2-year contract Tuesday.
Matip, 18, made his Bundesliga debut in November and has played 12 matches. He
has two goals. He could earn his first
This Week in Auto Racing March 5 - 7 >>
Las Vegas, NV (Sportsbook Betting Lines) - NASCAR returns to the East Coast, as the
Sprint Cup and Camping World Truck Series tackle one of the fastest tracks on
the circuit.
NASCAR
Sprint Cup Series
Kobalt Tools 500 - Atlanta Motor Speedw
Flyers G Emery to have season-ending hip surgery >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers announced on
Tuesday that goaltender Ray Emery will have season-ending surgery to repair
damage to his right hip.
The club had placed Emery, who has not skated since Febr
Oklahoma's Warren set for season-ending surgery >>
Norman, OK (Sportsbook Betting Lines) - Oklahoma has announced sophomore guard
Willie Warren will undergo season-ending arthroscopic surgery on his right
ankle Wednesday.
Warren originally injured the ankle January 21 in practice, then r
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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