12/02/2008 - Philadelphia, PA (Sportsbook Betting Lines) - The Pat Burrell era in Philadelphia took one step toward its possible conclusion after the World Series champion Phillies balked at offering he and 16-game winner Jamie Moyer arbitration prior to the midnight (et) Tuesday morning deadline.
Burrell, who made $14 million last season, hit 33 home runs and drove in 86 runs for the Phillies last season, yet routinely came out of games in the late innings for defensive purposes and struggled during the postseason.
The decision to forgo an arbitration offer to Burrell does not completely close the door on his return, but does keep the club out of a financial corner with the outfielder in case he accepted arbitration if offered, leaving the Phillies strapped for cash with raises for pitching ace Cole Hamels, first baseman Ryan Howard and outfielder Shane Victorino likely coming soon.
Moyer, who finished 16-7 with a 3.71 earned run average last season, is 46 years old, but the two sides have a desire to work out a contract.
The Phillies also didn't offer arbitration to a pair of veteran relievers, Tom Gordon and Rudy Seanez.
<< Toronto rallies past Kings
Los Angeles, CA (Sportsbook Betting Lines) - Matt Stajan and Mikhail Grabovski scored
power play goals 81 seconds apart early in the third period, rallying Toronto
to a 3-1 win over the Los Angeles Kings.
Jeff Finger added an empty-net goal and V
<< Beasley comes up big as Heat shock Warriors in OT
Oakland, CA (Sportsbook Betting Lines) - Michael Beasley made a veteran play in his
rookie season, stepping front of an inbounds pass, getting fouled and
draining the winning free throw with 3.6 seconds left in overtime, as Miami
downed
<< Marvelous Monday night debut: Slaton carries Texans past Jags
Houston, TX (Sportsbook Betting Lines) - Steve Slaton was ready for prime time with 130
yards on the ground and two touchdowns, and the Houston Texans opened up the
offense in their first-ever Monday Night Football appearance, leading to a
30-17 v
<< Former NHLer Martin dies in drowning accident
Chicago, IL (Sportsbook Betting Lines) - Hubert "Pit" Martin, who spent 18 years in the
NHL with four clubs, including more than 10 seasons with the Chicago
Blackhawks, passed away Monday after a drowning incident in Canada.
The 64-year-ol
Pulley, Guyton highlight MEAC All-Conference Team >>
Virginia Beach, VA (Sportsbook Betting Lines) - South Carolina State running back Will
Ford was selected as the Mid-Eastern Athletic Conference (MEAC) Offensive
Player of the Year and Morgan State's Jarrell Guyton earned the Defensive
Player of the Year
Knicks welcome Blazers to MSG >>
(Sportsbook Betting Lines) - The Portland Trail Blazers will continue a five-game road
trip this evening against the New York Knicks at Madison Square Garden.
Portland has won four straight overall and opened the trek with Sunday's 96-85
victory over
Golden Eagles seek return to win column in clash with Chippewas >>
Milwaukee, WI (Sportsbook Betting Lines) - The 25th-ranked Marquette Golden Eagles of
the Big East Conference welcome the Central Michigan Chippewas of the Mid-
American Conference to the Bradley Center this evening.
Central Michigan is off to a shaky
Duke visits Purdue in ACC/Big Ten Challenge >>
West Lafayette, IN (Sportsbook Betting Lines) - An intriguing battle of national
heavyweights will ensue in West Lafayette, Indiana this evening, as the Purdue
Boilermakers host the Duke Blue Devils as part of the ACC/Big Ten Challenge.
Duke is 7-0 on
MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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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 sportsbook 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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