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03/03/2010 - Arlington, VA (Sportsbook Betting Lines) - The Washington Capitals made another depth move on Wednesday, re-acquiring defenseman Milan Jurcina from the Columbus Blue Jackets in exchange for a 2010 conditional draft pick.
Jurcina, who was shipped to Columbus with Chris Clark for Jason Chimera back on December 28, posted a goal and two assists in 17 games with the Jackets.
For the season, he has accumulated a goal and six helpers in 44 contests.
The 26-year-old Slovakian has tallied 15 goals and 53 points with 220 penalty minutes in 319 NHL appearances with Boston, Washington and Columbus.
<< Ducks receive G MacDonald from Leafs
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks acquired goaltender Joey
MacDonald from the Toronto Maple Leafs in exchange for a 2011 seventh-round
draft pick.
MacDonald has spent most of the 2009-10 campaign with the Toronto Mar
<< Gotham Stakes attracts 10 three-year-olds
Ozone Park, NY (Sportsbook Betting Lines) - A field of 10 Kentucky Derby hopefuls has
been entered for Saturday's $250,000 Gotham Stakes at Aqueduct. The 1 1/16-
mile Gotham is the final local prep before the $750,000 Wood Memorial on
April 3
<< Portland signs G Diener
Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers signed guard Travis
Diener on Wednesday, two days after he was waived by the Indiana Pacers.
Over five seasons in the NBA, which has included stints with Orlando and
Indiana,
<< Sabres acquire F Torres from Columbus
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Sabres made a move before the trade
deadline on Wednesday by acquiring left wing Raffi Torres from the Columbus
Blue Jackets for defenseman Nathan Paetsch and a second-round draft pick.
Torres h
Oilers ship Staios to Flames >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers acquired defenseman Aaron
Johnson and a third-round draft pick from the Calgary Flames in exchange for
veteran rearguard Steve Staios.
Johnson appeared in 22 games this season for the Fl
Bears tender contracts to eight players >>
Lake Forest, IL (Sportsbook Betting Lines) - The Chicago Bears tendered contract
offers to eight free agents on Wednesday.
One-year deals were tendered to restricted free agent linebackers Nick Roach
and Jamar Williams, defensive end Mark
Blue Jackets send Modin to Kings >>
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets traded veteran
forward Fredrik Modin to the Los Angeles Kings in exchange for a 2010 seventh-
round draft pick.
It has been an injury-plagued campaign for the Swede, who has
St Trinians tries boys in Saturday's Big 'Cap >>
Arcadia, CA (Sportsbook Betting Lines) - The 73rd running of the $750,000 Santa Anita
Handicap (Big 'Cap) at Santa Anita Park has attracted 13 males and one female.
The 14 thoroughbreds will be asked to run 1 1/4-miles Saturday on Santa
Anita's
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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