11/28/2008 - Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox acquired right-handed relief pitcher Wes Littleton from the Texas Rangers on Friday for two players to be named later or cash considerations.
Littleton, Texas' fourth-round pick in the 2003 draft, spent a majority of last season with Triple-A Oklahoma, going 7-1 with six saves and a 4.01 earned-run average in 44 appearances.
Over his three-year career in the big leagues, the 26-year-old has compiled a 5-3 record with three saves and a 3.69 ERA in 80 games -- which included 12 appearances in 2008 with the Rangers.
<< Oklahoma outlasts Purdue for NIT Tip-Off title
New York, NY (Sportsbook Betting Lines) - Blake Griffin scored 18 points and grabbed 21
rebounds, as 11th-ranked Oklahoma won the NIT Season Tip-Off tournament with
an 87-82 overtime win over 10th-ranked Purdue.
Willie Warren finished with 22 poi
<< Tellqvist, Coyotes edge Avs
Glendale, AZ (Sportsbook Betting Lines) - Mikael Tellqvist made 37 saves to help lead
the Phoenix Coyotes to a 2-1 win over the Colorado Avalanche.
Derek Morris and Kevin Porter each scored a goal for the Coyotes, who have won
their last two games
<< WVU's loss to Pitt hands Big East title to Cincinnati
Pittsburgh, PA (Sportsbook Betting Lines) - LeSean McCoy scored twice in the fourth
quarter, as Pittsburgh dashed West Virginia's Big East title hopes with a
19-15 win in the 101st edition of the "Backyard Brawl" at Heinz Field.
McCoy ran
<< Ducks' Hiller shuts out Blackhawks
Anaheim, CA (Sportsbook Betting Lines) - Ryan Getzlaf scored the lone goal of the
contest and Jonas Hiller recorded his second career shutout as the Anaheim
Ducks edged the Chicago Blackhawks, 1-0, at the Honda Center.
Hiller, filling in
Guenther moves three clear at Sport Frances Open >>
Santiago, Chile (Sportsbook Betting Lines) - Christoph Guenther carded a five-under 66
Friday to move three strokes clear of the field after two rounds of the Sport
Frances Open at Sports Frances Golf Club.
Guenther completed 36 holes at seven-unde
Nash out with bruised thigh >>
Phoenix, AZ (Sportsbook Betting Lines) - Phoenix Suns guard Steve Nash missed
Friday's tilt against the Miami Heat with a bruised right thigh.
Nash, who is averaging 14.3 points and 8.0 assists in 15 games this season,
injured his thi
Broncos finish regular season undefeated in mauling of Bulldogs >>
Boise, ID (Sportsbook Betting Lines) - Senior running back Ian Johnson put the finishing
touches on Boise State's undefeated regular season with 128 rushing yards and
two touchdowns, as the ninth-ranked Broncos scored 51 unanswered points to
cruise
Late-arriving Bosh leads Raptors past Hawks >>
Toronto, ON (Sportsbook Betting Lines) - Chris Bosh arrived later than usual to the
arena thanks to an elevator issue, but then had a great all-around effort with
30 points, 10 rebounds and seven assists, helping Toronto to a 93-88 victory
over th
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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 sportsbook 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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