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07/21/2010 - Carson, CA (Sportsbook Betting Lines) - San Jose slumped into the World Cup break last month on a three-game winless streak, but the Earthquakes have resembled their early-season form since Major League Soccer resumed in late June.
In addition to two ties and a win in its last three MLS games, San Jose took a break from league play to post an impressive draw against England's Tottenham.
"I'm very impressed with them," Tottenham coach Harry Redknapp said on the MLS website after the 0-0 draw on Saturday at Buck Shaw Stadium.
The Earthquakes (6-4-4) visit the Los Angeles Galaxy on Thursday night at The Home Depot Center, and midfielder Bobby Convey believes San Jose has no reason to fear the MLS overall leader.
"Obviously, L.A. is one of the best teams in the league right now. If we can play against [Tottenham], I don't see why we shouldn't be able to play against L.A.," Convey, second in MLS with eight assists, said on the MLS website.
San Jose is fifth in the Western Conference, 17 points behind Los Angeles, but has played fewer matches than every team in the division. The Earthquakes have played three fewer matches than L.A., and can make another statement in league play this week.
Coach Frank Yallop has guided the Earthquakes to 22 points already, just eight less than all of last season in 16 more matches. San Jose has played well away from home so far, posting a 3-2-2 mark - identical to its home record.
Yallop was extremely pleased with the performance against Tottenham, and hopes San Jose builds on the result against L.A.
"Obviously this is preseason for [Tottenham] and we know that, but I think a few years ago you see teams get beat in these types of matches. We're not easy to beat now," Yallop said on the league's website.
L.A. (12-2-3) has set the standard this season in MLS under Bruce Arena, going unbeaten at home in seven matches to accumulate the best record in the league.
The Galaxy even survived a stretch without stars Landon Donovan, who leads MLS with 10 assists, and Edson Buddle, who leads MLS with 11 goals. Both were with the United States for the World Cup.
L.A. won just one of four matches from June 9 to July 10, the last a 2-0 loss to the New England Revolution, but Donovan and Buddle both scored Sunday night as the Galaxy rebounded with a 2-1 win at D.C. United.
"You're going to lose games along the way, and the way you respond in the next game is important," Arena said. "Our response was really good."
<< Lukas has Mine That Bird work at Saratoga
Saratoga Springs, NY (Sportsbook Betting Lines) - Former Kentucky Derby winner Mine That
Bird put in a one-mile workout Wednesday morning at Saratoga Race Course. The
four-year-old gelding is being readied for a start in the Whitney Handicap
next mo
<< Champions League to use more officials
Cardiff, Wales (Sportsbook Betting Lines) - The Champions League will follow the Europa
League's lead and have two extra assistant referees for the 2010-11 and
2011-12 campaigns.
The International Football Association Board (IFAB) has sta
<< Marlins designate Robertson, put Hayes on DL
Miami, FL (Sportsbook Betting Lines) - The Florida Marlins designated Nate Robertson for
assignment Wednesday, a day after the starter struggled against the Colorado
Rockies.
He allowed eight runs (seven earned) in five innings and took the los
<< Arsenal hands new deal to teenager Coquelin
London, England (Sportsbook Betting Lines) - French teenager Francis Coquelin has signed
a new long-term contract with Arsenal, who have confirmed that the 19-year-old
will spend the 2010-11 campaign on loan with Lorient.
The midfielder made three f
Sixers sign C Battie >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia 76ers added some depth to
the front court by signing veteran center Tony Battie on Wednesday.
Terms of the contract were not disclosed.
"We see Tony Battie as a player who can come in
Mets extend partnership with Triple-A Buffalo through 2012 >>
Flushing, NY (Sportsbook Betting Lines) - The New York Mets and the Triple-A Buffalo
Bisons announced a two-year extension of their player development partnership
through the 2012 season.
The Bisons began their affiliation with the Mets in 2009 a
Blues re-sign Perron >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Blues have re-signed
forward David Perron to a two-year contract.
The 22-year-old netted a career-high 20 goals last season and added 27 assists
while playing in all 82 games.
Duri
Sabres sign Kaleta, avoid arbitration >>
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Sabres have agreed to terms
with winger Patrick Kaleta on a two-year contract.
Kaleta had been scheduled for an arbitration hearing later this month.
The 24-year-old scored a career-high
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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.
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