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11/09/2007 - Phoenix, AZ (Sportsbook Betting Lines) - Three-time IndyCar Series champion Sam Hornish Jr. will drive a third Penske Dodge for the 2008 Sprint Cup (Nextel Cup) season. Roger Penske will officially make the announcement on Saturday night at the Penske Racing Museum in Phoenix.
Hornish Jr. (IndyCar champion in 2001,2002,2006) will drive the No.77 Mobil 1 Dodge and team with Kurt Busch and Ryan Newman.
Hornish Jr.'s jump to NASCAR is just the latest open-wheel driver to leave. He joins Juan Pablo Montoya, A.J. Allmendinger, Dario Franchitti, Patrick Carpentier and Jacques Villeneuve who have made the change in the last two years.
The Defiance, OH native made the decision despite failing to qualify for six Nextel Cup events this year.
"I am a much better racer than I am a qualifier, and if I can just get in, I feel confident I can figure it out," said Hornish Jr.
Penske Racing will probably ensure that he makes the first five events of 2008 by shifting Kurt Busch's owner points to the No.77 team. Busch would still be assured of racing because he could always fall back on the champion's provisional.
<< Penguins still trying to play up to potential
(Sportsbook Betting Lines) - The Pittsburgh Penguins came into this season with designs
on making a run at a Stanley Cup title, but the team hardly seems headed in
that direction so far.
Obviously, it's very early in the season, but the Pens have bee
<< Bruins place Fernandez, Thornton on IR
Boston, MA (Sportsbook Betting Lines) - The Boston Bruins placed goaltender Manny
Fernandez and forward Shawn Thornton on injured reserve Friday.
Fernandez is out of action with a left knee strain, while Thornton is expected
to miss 4-to-6 week
<< Altidore gets first call-up to U.S. national team
Secaucus, NJ (Sportsbook Betting Lines) - U.S. Men's national team coach Bob Bradley
announced Friday that New York Red Bulls forward Jozy Altidore is part of the
17-man initial roster that will travel to face South Africa in Johannesburg on
Nov. 1
<< Sutter's Devils struggling to find consistency
(Sportsbook Betting Lines) - New Jersey Devils head coach Brent Sutter has discarded
the club's traditional trap style of play, but his new ideas have yet to
result in a great deal of success.
Sutter, who is in his first season as an NHL head coach,
Leafs still a disappointment >>
(Sportsbook Betting Lines) - The Toronto Maple Leafs intense fan base is extremely
frustrated with the latest version of their favorite club and it's easy to see
why.
The Maple Leafs are just 6-7-3 on the season and have won back-to-back games
on ju
Bayern visits Stuttgart to highlight big weekend >>
Stuttgart, Germany (Sportsbook Betting Lines) - Defending champion Stuttgart has started
to regain some of its championship form, but will be put to a big test when it
hosts unbeaten Bayern Munich in one of three big Bundesliga matches Saturday.
Stutt
Bourdais on provisional pole in Mexico City >>
Mexico City, Mexico (Sportsbook Betting Lines) - Series champion Sebastien Bourdais
captured the provisional pole for Sunday's Gran Premio Tecate on the 2.48-
mile, 15-turn Autodromo Hermanos Rodriguez road course with a qualifying time
of one
Eredivisie powers Ajax, Feyenoord clash >>
Rotterdam, Netherlands (Sportsbook Betting Lines) - Ajax and Feyenoord clash Sunday as
the top two teams in the Eredivisie for the first time in 13 years, adding a
little more fire to an already heated rivalry.
Ajax is the lone unbeaten after 10
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.
Tired of credit card deposit hassles? Then this is the place for you! MySportsbook boasts the best rate of acceptance for credit card deposits in the whole sports betting industry! They give you an instant 10% bonus for doing so as well, where as many other online bookies do not award a bonus for credit card transactioned deposits.
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Reasons to Play There: A little tip for you all.. This is a sportsbook promotions that has a tremendous volume of players. They also offer an online poker room. Many of these sports bettors hop over to the poker room once the days games are over. Many of these sports bettors are just that and NOT good poker players. In summary, often times you'll be able to get into some lower limit games with some very ripe fish in the late evening hours resulting in some very easy pickin's and nice wins.
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