Spring racing at Pimlico shows decline in handle

Horseracing Betting Lines

05/26/2010 - Baltimore, MD (Sportsbook Betting Lines) - The recently concluded spring race meet at Pimlico Race Course showed a noticeable drop in wagering from 2009. The Maryland Jockey Club announced that average wagering figures were down nearly nine percent during the meet that ended Saturday, May 22.

"We expected the numbers to be down based on the Preakness figures, which dictate whether the numbers will be up or down for the meet," said Tom Chuckas, Maryland Jockey Club president and chief operating officer. "The build up to this year's Preakness did not match 2009 when Rachel Alexandra- mania took over the industry. But we were still able to generate the sixth largest handle ever in the 135-year history of the event."

The average daily handle dropped 8.7 percent from $6.854 million to $6.257 million. However, attendance rose almost 10 percent at Pimlico with the Preakness attracting 95,760 compared to last year's crowd of 77,850.

"We are proud of this year's infield experience and our partnership with Susan G. Komen for the Cure on Black-Eyed Susan Day which made for an outstanding weekend," added Chuckas. "Our staff is meeting Friday afternoon to begin planning for the 2011 Preakness. We will look for ways to build on the momentum that began here a week and a half ago."

This year's 135th Preakness Stakes had wagering of more than $52.76 million with the entire race card on May 15 totaling better than $79.million, sixth among Preakness Day handles.

In 2009 the respective numbers were $59.7 million and $86.6 million.

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Betting Football

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Is there such a thing as a trap game in the NFL?

I once asked that question to Pete Korner, who at the time was office manager and a senior linesmaker for Las Vegas Sports Consultants.

Korner almost ripped my head off. There is no such thing as a trap game, he loudly berated me. It’s a myth. The numbers are made using power ratings, he said.

There are trap games, though. They just might not be what you think. The perception is of a good team, say Philadelphia, laying a small number against New Orleans.

Using the highly-respected power ranking from The Gold Sheet, you’d find the Eagles with a power rating of 4 and the Saints at 8. When you factor the game being played in New Orleans, you could see why the line opened so short at less than a field goal.

For some, this makes it enticing to take the Eagles. That’s not a real trap game, though.

A real trap game, says professional gambler Dave Malinsky, is thinking you’re getting value betting a bad team, which brings us to the Oakland Raiders-Denver Broncos matchup.

The Raiders are +15 in this long-standing division rivalry. Denver is on a short week having dispatched Baltimore Monday. However, the Raiders haven’t covered the spread their last 10 games.

Many bettors don’t trust the Raiders to give a full effort. Few think much of Art Shell and his Oakland’s coaching staff.

So oddsmakers have to do something to make Oakland attractive if they hope to get equal action.

Now Malinsky is a value shopper. But he won’t touch the Raiders even getting more than two touchdowns.

“I try to eliminate the undisciplined, unfocused teams because they’re the ones most likely to suffer the bad beats,” he said.

Near the top of Malinsky’s list of stay-away teams is the Miami Dolphins, who have yet to cover a spread this season.

“Whatever you think of Nick Saban, you have to look at the penalties and turnovers,” Malinsky said.

It’s easy to point out the Dolphins failed to get the money this past week against New England because Olindo Mare missed a field goal and had another field goal blocked. But even though the Dolphins outgained the Patriots, 283-213, they committed eight penalties.

Bad teams not only cost themselves victories, but pointspread covers as well. The Arizona Cardinals and Green Bay Packers are two more examples.

The Cardinals couldn’t have been in a better position this past Sunday, up 14-0 at home against a mediocre Kansas City Chiefs squad. But they couldn’t hold it. The Packers got a push against St. Louis, but also could have won losing by three when Brett Favre fumbled at the St. Louis 11-yard line with 44 seconds left.

“The Packers were in a position to beat Philadelphia, too,” Malinsky said. “But they couldn’t even cover double digits.

“These teams just make mistakes and it costs you … they always will look good from a value standpoint. They really will. But that’s the trap.”

Houston and Tennessee rank among the six-worst teams. Malinsky wouldn’t be afraid to take either of these teams, however, if the price were high enough.

The Texans are bad, Malinsky said, but they have some discipline. The Titans showed they could not only come up with an outstanding game plan, but execute it as well, losing by one to the Colts on the road as an 18 ?-point underdog this past Sunday.

“Jeff Fisher is a worker,” Malinsky said of the Titans coach. “I’m not sure how hard Art Shell wants to work when he gets out of bed.”

Fisher, though, could be out as Tennessee coach after this season. Is he still worth backing in the right spot, with the right price, as a lame duck coach?

“It’s in his nature to keep working hard and not worry about any possible lame duck status,” Malinsky said. “He’s coaching for his resume.”

Note: Monday night game will be picked Monday. Lines used are from football betting lines.