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A Cyber Bookie

June, 02 2012


Boller signs extension with Ravens

Football Betting Lines

09/07/2007 - Owings Mills, MD (Sportsbook Betting Lines) - The Baltimore Ravens signed backup quarterback Kyle Boller to a one-year contract extension on Thursday.

Boller has started 34 out of 41 career games for Baltimore. Last season, he totaled 464 passing yards and five touchdowns in limited action behind starter Steve McNair.

During his five-year career, Boller has completed 55.3 percent of his passes for 6,103 yards with 36 touchdowns and 35 interceptions.


<< Boston's Mirabelli leaves game
Baltimore, MD (Sportsbook Betting Lines) - Boston Red Sox catcher Doug Mirabelli left Thursday's Red Sox-Orioles game at Camden Yards with a strained left hamstring in the top of the third inning. Mirabelli, who sees the majority of his

<< Avs sign Laperriere to one-year extension
Denver, CO (Sportsbook Betting Lines) - The Colorado Avalanche signed forward Ian Laperriere to a one-year contract extension through the 2008-2009 season on Thursday. Laperriere scored eight goals and recorded 29 points in 81 games last s

<< Rick An-Kills Pirates in rain-soaked romp
St. Louis, MO (Sportsbook Betting Lines) - Rick Ankiel took his emergence as a slugger to another level, cracking two home runs and ending with a career-high seven RBI to propel the St. Louis Cardinals past the Pittsburgh Pirates, 16-4, in the rai

<< NFL Inactives (Thursday, September 6, 2007)
Philadelphia, PA (Sportsbook Betting Lines) - The following is a list of the players placed on the inactive squad for this week's NFL games. NEW ORLEANS SAINTS AT INDIANAPOLIS COLTS, 8:30 P.M. (ET) Saints - 3rd QB Tyler Palko, WR Robert Meachem, CB

<< Azarenka, Mirnyi capture U.S. Open mixed doubles title
Flushing Meadows, NY (Sportsbook Betting Lines) - A Belarusian tandem of Victoria Azarenka and Max Mirnyi captured the mixed doubles title at the U.S. Open on Thursday. Azarenka and Mirnyi held off a pairing of American Meghann Shaughness

Leetch to have number retired >>
New York, NY (Sportsbook Betting Lines) - The New York Rangers announced Thursday that former long-time NHL defenseman Brian Leetch will have his jersey retired by the club this season. Leetch, who wore No. 2 with the Rangers, will see his jer

Vlad scratched; undergoes MRI >>
Anaheim, CA (Sportsbook Betting Lines) - Los Angeles Angels outfielder Vladimir Guerrero was scratched from the lineup prior to Thursday's game against the visiting Cleveland Indians. Guerrero, who leads the first-place Angels with 22 home runs,

Andell Holdings close on purchase of Chicago Fire >>
Bridgeview, IL (Sportsbook Betting Lines) - Andell Holdings, a Los Angeles-based private investment firm, announced Thursday the closing of the transaction to acquire AEGs interests in Major League Soccers Chicago Fire. The purchase price was not discl

Ferrer, Djokovic roll into U.S. Open semis >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Spaniard David Ferrer and Serbian Novak Djokovic each eased into the semifinal round of the 2007 U.S. Open Thursday with straight-set quarterfinal wins on Thursday. The 15th-seeded Ferrer

Mariners release Rick White >>
Seattle, WA (Sportsbook Betting Lines) - The Seattle Mariners released veteran right-handed relief pitcher Rick White on Thursday. White, who joined the Mariners almost two weeks ago from Houston, went 0-1 with an 8.40 ERA in six appea

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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.


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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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sportsbook

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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Current News
  • Giants edge Diamondbacks 3-1
    • San Francisco, CA (Sportsbook Betting Lines) - Buster Posey hit a tie-breaking sacrifice fly in the bottom of the eighth inning, and the San Francisco Giants went on to beat the Arizona Diamondbacks, 3-1, at AT&T Park. Arizona reliever Bryan Sh
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  • Angels down Yankees
    • Anaheim, CA (Sportsbook Betting Lines) - Albert Pujols and Mark Trumbo each homered and Dan Haren tossed seven-plus effective frames as the Angels ran their winning streak to eight games with a 5-1 victory over the New York Yankees. Haren (3-5), fr
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  • Fiers wins 1st start, Brewers top Dodgers
    • Los Angeles, CA (Sportsbook Betting Lines) - Michael Fiers made his first career start and tossed seven innings of one-run ball to lift the Milwaukee Brewers over the Los Angeles Dodgers, 2-1, in the second contest of a four-game set. Fiers (1-0
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  • Mariners sink Rangers with 8th-inning burst
    • Arlington, TX (Sportsbook Betting Lines) - John Jaso collected two hits and drove in three runs and Seattle used a six-run eighth inning to subdue Texas, 10-3, in the middle test of a three-game set. Ichiro Suzuki, Mike Carp and Dustin Ackley
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  • Willingham's HR in 9th sends Twins past A's
    • Minneapolis, MN (Sportsbook Betting Lines) - Josh Willingham made Brian Fuentes pay for a mistake over the plate, as his three-run homer with two outs in the ninth inning gave the Twins a dramatic 3-2 victory over the Oakland Athletics. The Twins
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  • Bailey goes the distance as Reds top Pirates
    • Pittsburgh, PA (Sportsbook Betting Lines) - After more than two years, Homer Bailey finally pitched his second career complete game. In the same place he got his first. Bailey gave up just four hits and a walk Tuesday while striking out five
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  • Spurs fight off Thunder for 2-0 series lead
    • San Antonio, TX (Sportsbook Betting Lines) - The Spurs bent, but didn't break. After seeing a 22-point lead nearly disappear, they held on for their 20th win in a row and a 2-0 lead in the Western Conference finals. Tony Parker poured in 34 points a
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  • Red Sox get to Verlander, down Tigers
    • Boston, MA (Sportsbook Betting Lines) - David Ortiz finished 3-for-4 with a home run, two RBI and a pair of runs scored as Boston downed Detroit, 6-3, in the second test of a four-game series from Fenway Park. Daniel Nava added a three-run double
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  • Mets' Hefner gets 1st win, homer vs. Phillies
    • Flushing, NY (Sportsbook Betting Lines) - Jeremy Hefner contributed in every way he could to the Mets' 6-3 win over the Phillies on Tuesday, which evened up a three-game series. Hefner (1-2) had a night of firsts. He picked up his first ma
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  • Jones goes deep twice, but Lawrie-led Jays hold off O's
    • Toronto, ON (Sportsbook Betting Lines) - Brett Lawrie had three hits, knocked in three runs and scored three times, as Toronto held off Baltimore, 8-6, at Rogers Centre. Rajai Davis also had three hits and knocked in a pair for the Blue Jays,
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