Wwcolts Football Betting News

<< MVP talk doesn't rattle Packers QB Rodgers
GREEN BAY, Wis. (AP) - During training camp, Green Bay Packers quarterback Aaron Rodgers noted that the team has a different kind of swagger this year. He called it ``real confidence.''Now that Rodgers enters Sunday's regular season opener in Philad

<< Rogers has high expectations for season
GREEN BAY, Wis. (AP) - During training camp, Green Bay Packers quarterback Aaron Rodgers noted that the team has a different kind of swagger this year. He calls it ``real confidence.''Now that Rodgers enters Sunday's season opener in Philadelphia as

<< Former Sugar Bowl executive director dies at 72
NEW ORLEANS (AP) - Mickey Holmes, executive director of the Sugar Bowl during the period when coaching legends Bear Bryant, Vince Dooley and Joe Paterno won national championships there, has died. He was 72.Sugar Bowl spokesman John Sudsbury said Ho

<< Flying to a college football game? Take these tips
NEW YORK (AP) -Smell the tailgate party - it's college football season. But if you're flying in for a game, you might be headed for a headache. Cutbacks at major airlines have made flight choices more difficult this fall, especially to smaller colle

This Week in Auto Racing September 10 - 12 >>
Richmond, VA (Sportsbook Betting Lines) - The Sprint Cup Series' "Chase cut-off race" at Richmond International Raceway headlines this week in motorsports. The Nationwide Series also will be at Richmond, and Formula One concludes its "European schedule"

Yanks' Posada hurt, may have concussion >>
New York, NY (Sportsbook Betting Lines) - New York Yankees catcher Jorge Posada did not play in Wednesday's 3-2 victory over Baltimore, and may have a concussion after a foul ball struck him during Tuesday's game. "He got a foul tip, somewhat,

Djokovic reaches fourth straight U.S. Open semi >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Former runner-up Novak Djokovic was an easy quarterfinal winner Wednesday at the U.S. Open. The third-seeded Djokovic handled 17th-seeded Frenchman Gael Monfils 7-6 (7-2), 6-1, 6-2 at the USTA Billi

Biffle, Bowyer looking to clinch last two Chase spots at Richmond >>
Richmond, VA (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Saturday, September 11. Race: Air Guard 400. Site: Richmond International Raceway. Track:0.75-mile oval. Start time: 7:30 p.m. (et). Laps: 400. Miles: 300. 2009 winner: Denny Haml

With all the style and sex appeal of Las Vegas, MySportsbook.com is without a doubt the coolest online sportsbook on the Internet.

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Thus, players at MySportsbook are assured of getting top notch customer service while having a wickedly good time.

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Sportsbooks to bet on football

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.