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07/11/2010 - Newport, RI (Sportsbook Betting Lines) - Mardy Fish got his first title of the season on Sunday, in a three-set victory over Belgian Olivier Rochus in the final at the Hall of Fame Tennis Championships.
Fish dropped the first set, but came back for a 5-7, 6-3, 6-4 win. The American fired 24 aces to Rochus' two on the way to his fourth career title and first since 2009, when he won the Delray Beach event. The fifth-seeded Fish had been in the final last month at The Queen's Club in London, but lost to fellow American Sam Querrey.
Rochus, seeded fourth, was seeking his third career title and first since 2006.
Fish is now 2-1 in his career against Rochus, and will collect $75,700 for the win.
<< Stricker repeats at John Deere Classic
Silvis, IL (Sportsbook Betting Lines) - Steve Stricker repeated as champion at the John
Deere Classic on Sunday, closing with a one-under 70 in the final round to
beat Paul Goydos by two shots.
Stricker captured his ninth PGA Tour title at 26-under 25
<< Red Sox take series from Jays behind McDonald, Ortiz homers
Toronto, ON (Sportsbook Betting Lines) - Darnell McDonald and David Ortiz hit back-to-
back home runs in the sixth inning after Boston ended Jesse Litsch's no-hit
bid, sending the Red Sox to a 3-2 victory over the Toronto Blue Jays.
Marco Scutar
<< Santana, Mets salvage series, shut out Braves
Flushing, NY (Sportsbook Betting Lines) - Johan Santana tossed seven scoreless innings
and Ike Davis supplied a solo home run, as the New York Mets beat Atlanta,
3-0, to salvage the finale of a three-game series at Citi Field.
Santana (7-5) sca
<< Twins salvage series finale with Tigers
Detroit, MI (Sportsbook Betting Lines) - Michael Cuddyer went 2-for-3 with a two-run
double and scored a run, as the Minnesota Twins defeated the Detroit Tigers,
6-3, in the finale of a three-game series at Comerica Park.
Jason Kubel chipped i
Quentin homers twice as White Sox pound Royals >>
Chicago, IL (Sportsbook Betting Lines) - Carlos Quentin hit a grand slam and solo home
run, and Andruw Jones added his 400th career homer, as the Chicago White Sox
slugged their way to a 15-5 win over the Kansas City Royals.
The White Sox hit fi
Iniesta wins World Cup for Spain >>
Johannesburg, South Africa (Sportsbook Betting Lines) - Andres Iniesta scored in the
116th minute to help Spain claim its first World Cup title with a 1-0 win over
the Netherlands at Soccer City Stadium on Sunday.
Just minutes after Dutch defender
Giants take rubber match from Nationals >>
Washington, DC (Sportsbook Betting Lines) - Travis Ishikawa went 2-for-3 and drove in
three, and rookie Madison Bumgarner tossed six-plus solid innings, as the San
Francisco Giants earned a 6-2 win over the Washington Nationals in the rubber
match o
Holliday's blast powers Cardinals over Astros >>
Houston, TX (Sportsbook Betting Lines) - Matt Holliday hit a three-run homer, and the
St. Louis Cardinals beat Houston, 4-2, in the rubber match of a three-game
series at Minute Maid Park.
St. Louis starter Blake Hawksworth (3-5) struggled
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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.
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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