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07/28/2010 - Stanford, CA (Sportsbook Betting Lines) - Reigning champion Marion Bartoli and former World No. 1 Maria Sharapova were first-round victors Tuesday at the $700,000 Bank of the West Classic tennis event.
The former Wimbledon runner-up Bartoli handled American Ashley Harkleroad 6-1, 6-4 on the hardcourts at Taube Family Tennis Stadium, while Sharapova straight-setted Zheng Jie of China, 6-4, 7-5.
Bartoli, seeded fourth this week, surprised American Venus Williams in last year's Stanford finale and was the runner-up here in 2008. The Frenchwoman lost to Williams in the 2007 Wimbledon final.
In other seeded play: sixth-seeded Shahar Peer of Israel recovered from a slow start to upend Daniela Hantuchova of Slovakia, 0-6, 6-4, 6-3; No. 7 Yanina Wickmayer of Belgium downed China's Yung-Jan Chan, 6-3, 6-1; and Victoria Azarenka of Belarus, seeded eighth, cruised past Ayumi Morita of Japan, 6-0, 6-2.
American Melanie Oudin defeated Canadian Aleksandra Wozniak, the 2008 champion, 6-7 (6-8), 7-5, 6-3.
Other first-round winners included Maria Kirilenko, Olga Savchuk and Christina McHale, who ousted Mirjana Lucic, Jill Craybas and Kai-Chen Chang, respectively.
This week's top seeds, both of whom received opening-round byes, are French Open runner-up Samantha Stosur and Russian star Elena Dementieva, who has been sidelined by a calf injury since retiring from her semifinal match against Francesca Schiavone at the French Open early last month. Stosur lost to Schiavone in the finale at Roland Garros.
<< Jack Roush hospitalized following plane crash
Milwaukee, WI (Sportsbook Betting Lines) - Jack Roush, co-owner of Roush racing, was
hospitalized Tuesday night following a plane crash at Wittman Air field in
Oshkosh, Wisconsin.
Roush was landing his Hawker Beechcraft Premier jet when the crash took
<< Lackey beats old team as Red Sox use late surge
Anaheim, CA (Sportsbook Betting Lines) - John Lackey returned to his former stomping
grounds and pitched 7 1/3 quality innings to lead the Boston Red Sox to a 4-2
win over the Angels in the middle installment of a three-game series.
Lackey (10-5
<< Lackey beat old team as Red Sox use late surge
Anaheim, CA (Sportsbook Betting Lines) - John Lackey returned to his former stomping
grounds and pitched 7 1/3 quality innings to lead the Boston Red Sox to a 4-2
win over the Angels in the middle installment of a three-game series.
Lackey (10-5
<< Uribe, Renteria homer in eighth as Giants nip Marlins
San Francisco, CA (Sportsbook Betting Lines) - Juan Uribe led off the bottom of the
eighth inning with a tie-breaking homer off Brian Sanches and Edgar Renteria
added a two-run shot later in the frame, lifting the San Francisco Giants to a
6-4 win
Magic extend Van Gundy >>
Orlando, FL (Sportsbook Betting Lines) - The Orlando Magic have extended the contract of
head coach Stan Van Gundy through the 2012-13 season.
The team also announced Alex Martins has been promoted to team president and
Otis Smith to president of ba
Panthers agree to terms with Clausen >>
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have reportedly agreed
to terms with rookie quarterback Jimmy Clausen.
According to the Charlotte Observer, Clausen has a four-year deal that could
be worth as much as $6.3 million.
T
McCourty comes to terms with Patriots >>
Boston, MA (Sportsbook Betting Lines) - The New England Patriots and first-round draft
pick Devin McCourty have agreed to terms of a contract.
McCourty's agent, Andy Simms, posted the news on his Twitter feed Wednesday
morning.
Terms of the
Blue Jackets re-sign Stralman >>
COLUMBUS, Ohio (AP) -The Columbus Blue Jackets and defenseman Anton Stralman have agreed on a one-year contract, just minutes before they were to go to arbitration on Wednesday morning.General manager Scott Howson announced the re-signing.Stralman,
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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