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A Cyber Bookie

March, 11 2010


James, Westbrook take home NBA weekly honors

Basketball Betting Lines

02/09/2010 - New York, NY (Sportsbook Betting Lines) - Cleveland Cavaliers forward LeBron James and Oklahoma City Thunder guard Russell Westbrook were named the Eastern and Western Conference Players of the Week, respectively, for the period ending February 7.

James led the league in scoring with 35.0 points per game, as the Cavaliers went 3-0. On Saturday, James set a franchise record by scoring 35 points in the first half of a win over New York. He also tied a career-high with 15 assists in a victory over Memphis on February 2.

This is James' fifth weekly award this season.

Westbrook averaged 19.7 points, 9.7 assists, 8.0 rebounds and 3.3 steals in a week where the Thunder went 3-0. In a win against Golden State on Saturday, Westbrook nearly had a quadruple-double with 21 points, 10 assists, seven rebounds and a career-high eight steals.

The second-year guard notched his first weekly award of the year and is the second consecutive Oklahoma City player to win the award, as Kevin Durant captured the honors last week.

Other nominees for the awards included Atlanta's Joe Johnson, Boston's Rajon Rondo, Charlotte's Stephen Jackson, Durant, Orlando's Dwight Howard, Philadelphia's Andre Iguodala, Phoenix's Amare Stoudemire and Utah's Andrei Kirilenko and Deron Williams.


<< Lady Vols rally to beat Vandy
Nashville, TN (Sportsbook Betting Lines) - Kelley Cain scored a career-high 19 points and No. 5 Tennessee came back from an eight-point deficit to top Vanderbilt, 69-60, to sweep the regular season series. Glory Johnson, Angie Bjorklund and Aly

<< Lombardi's career night propels Phoenix over road-weary Oilers
Glendale, AZ (Sportsbook Betting Lines) - Matthew Lombardi had a career-high five-point night with a pair of goals and three assists, as Phoenix blew out Edmonton, 6-1, for its seventh win in eight games. Ilya Bryzgalov turned aside 33 shots for t

<< Stewart, Yip help Avs upend Blues
Denver, CO (Sportsbook Betting Lines) - Chris Stewart had a goal and two assists as the Colorado Avalanche downed the St. Louis Blues, 5-2, at Pepsi Center. Brandon Yip had two goals while Paul Stastny added a goal and an assist for the Avalanche

<< Jayhawks capitalize on turnovers to top Texas
Austin, TX (Sportsbook Betting Lines) - Marcus Morris posted 18 points, eight rebounds and four assists, as No. 1 Kansas overcame a poor shooting performance by clamping down defensively on the 14th-ranked Longhorns to earn an 80-68 Big 12 victory

<< Carter and Orlando stay hot with win over Hornets
Orlando, FL (Sportsbook Betting Lines) - Vince Carter scored 34 of his season-high 48 points in the second half, rallying Orlando to a second straight victory, 123-117 over the New Orleans Hornets. Carter scored nine during a 19-0 rally in

Ducks win 10th in a row at home, snap LA's victory streak >>
Anaheim, CA (Sportsbook Betting Lines) - Corey Perry had a goal and two assists to lead the Anaheim Ducks to a 4-2 win over Los Angeles and snap the Kings' franchise- best nine-game winning streak. Saku Koivu and Teemu Selanne each had a goal and an

Gasol carries short-handed Lakers over Spurs >>
Los Angeles, CA (Sportsbook Betting Lines) - Pau Gasol had a spectacular all-around game with 21 points, 19 rebounds, a season-high eight assists and five blocked shots, pacing the Los Angeles Lakers to a 101-89 win over the San Antonio Spurs.

Mavs send Warriors to ninth straight loss; Ellis hurts knee >>
Oakland, CA (Sportsbook Betting Lines) - Jason Terry made 6-of-9 three-point tries, finishing with a season-high 36 points, along with nine assists and six rebounds, as Dallas took control in the fourth quarter in a 127-117 victory over Go

Berdych, Dent victorious in San Jose >>
San Jose, CA (Sportsbook Betting Lines) - Fifth-seeded Czech Tomas Berdych and unseeded American Taylor Dent were first-round winners Monday at the $600,000 SAP Open. Dent topped fellow countryman Alex Bogomolov Jr, 6-4, 7-6 (7-2) on the indoor hardco

Hoyas head north to battle Friars >>
Providence, RI (Sportsbook Betting Lines) - Fresh off a statement victory, the Georgetown Hoyas are slated to collide with the Providence Friars this evening in a Big East Conference affair. Georgetown had lost two of its previous three games heading

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 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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Bonds nearly hits HR 751, SF wins
4 and drove in a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat 1, in the middle contest of three at AT&T Park. 6) allowed five hits and one run over 6 2/3 innings, fanning eight and walking three. game slide. Bonds, who came within five homers of Hank Aaron's record on Friday, went 1 with three walks, an RBI double and scored twice. The double ... read more


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NFL FOLDS EUROPEAN LEAGUE

The NFL folded its development league in Europe after 16 years Friday. The decision was made so the league could put a stronger international focus season games outside the United States. The announcement came less than a week after the Hamburg Sea Devils beat the 28 in the World Bowl championship in Frankfurt before a crowd of 48,125. Five of the league's six teams were based in Germany, while the other was in Amsterdam, Netherlands. season games outside the United States. The first such game is October 28 in London, England between the Miami Dolphins and the New York Giants. focus the NFL's strategy on initiatives with global impact, including worldwide media coverage of our sport and the staging of seas... more

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