FBS Football: Agent-Gate 2010

NCAA Football Betting Lines

07/28/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Throwing the word "Gate" behind subject matter gives the impression of impropriety, and in turn draws a line in the sand for those trying to decide what to make of an issue.

At SEC Football Media Day earlier this month, Alabama head coach Nick Saban described unscrupulous sports agents as "pimps." While I'm sure there are some people out there, especially among the collegiate coaching ranks, that believe that comparison gives pimps a bad name, is Saban really serious? I mean, in watching his press conference it was hard not to think that Ashton Kutcher was going to walk out at some point and let us all know we were being punked.

Saban's comments may have been a knee-jerk reaction to the recent discovery that one of his top players, defensive end Marcel Dareus, is under investigation by the NCAA for attending a party in South Beach funded by an NFL agent. More absurd and transparent comments would come later, when Saban suggested that Alabama may be best served to sever its ties with the NFL.

Are you kidding me?

Cutting ties with the NFL for Alabama would be tantamount to program suicide. Saban himself would soon be looking for another job if he wasn't able to go into recruits' living rooms and tout the successful transition from the University of Alabama football program to the NFL.

For a lot of college recruits, the NFL carrot determines where they will go to school. For many, such a career is all that matters. Escaping their current situation and becoming a savior to their family and friends is the only incentive needed to make a decision, and the promise of an NFL salary certainly tips the scales.

What sports agents are doing is no different than what collegiate coaches do in courting high school kids. The only real difference is that the NCAA actively investigates the first, while all but turning a blind eye to the below-board things that happen with the latter.

The programs themselves often look the other way in regard to their own boosters, who lavish gifts on the truly talented players, yet the same schools are crying foul when sports agents do the very same thing?

The argument against such activity is that the student-athlete receives a first-class education at little to no cost, and that should be sufficient reward. The reality, however, in the case of top football programs, is that the student-athlete generates far more revenue for the schools than benefits received, and what the school gets out of the relationship monetarily far outweighs what the player attains.

The task of bridging that gap has fallen on the sports agent. In all professions there are good and bad practitioners. While some agents will go to any extreme to get their hooks into a potential client and exploit their current situations, there are plenty of others that follow the rules to the letter of the law.

College football at the highest level, is a money-making machine. Everyone in the process seems to get a piece of the pie, from gamblers to universities to the coaches they employ. However, the NCAA says that the only ones "not allowed" to get in on the action are the young men who actually play the game.

We can't have it both ways. If college football at the FBS level is a business, why are we outraged that student-athletes are starting to make business decisions?

South Carolina, Georgia and Florida have joined the group of SEC programs under NCAA scrutiny for what it deems to be improper contact with agents.

In the wake of all the press given to Reggie Bush's transgressions at USC, expect similar stories across the nation to pop up as the 2010 season approaches and throughout the year.

This particular problem has always been here, and until the NCAA lessens the restrictions on the student-athlete, Agent-Gate isn't going away anytime soon.

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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.