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05/24/2010 - Louisville, KY (Sportsbook Betting Lines) - Defending Horse of the Year Rachel Alexandra put in a solid workout Monday morning at Churchill Downs. The four-year-old filly had Shaun Bridgmohan in the saddle for the five-furlong training session.
Trained by Steve Asmussen, Rachel went the five-furlongs in 1:00 2/5 on a fast track. She galloped out six-furlongs in 1:12 4/5 and seven-furlongs in 1:26.
"She looked great and galloped out super," Asmussen said. "She's doing well. It was just very nice. It was nice and smooth, covered ground well and was out very strong."
Owned by Stonestreet Stables and Harold McCormick, the champion racehorse is still seeking her first win of the year. She suffered her first loss of 2010, after going undefeated in eight starts last year, at the Fair Grounds on March 13 to Zardana by three-quarters of a length in the New Orleans Ladies Classic. Rachel was again second in the La Troienne at Churchill Downs on April 30 to Unrivaled Belle.
A possible start for Rachel could be the $600,000 Stephen Foster Handicap at Churchill Downs on Saturday, June 12. She would be facing male thoroughbreds in the 1 1/8-mile race, including Woodford Reserve Turf Classic winner General Quarters.
In 2009 the filly defeated three-year-old colts in the Preakness and Haskell Invitational, and older males in the Woodward.
Rachel Alexandra has career earnings of just over $3 million with 11 wins in 16 lifetime races.
<< Mauer leads AL All-Star balloting
New York, NY (Sportsbook Betting Lines) - Minnesota Twins catcher Joe Mauer is the
top vote-getter after the first set of American League All-Star
balloting results.
The reigning American League Most Valuable Player has drawn
<< How important is No. 1?
Philadelphia, PA (Sportsbook Betting Lines) - Phil Mickelson has another chance to
become the No. 1 player in the world.
He had a below-average Players Championship, where he could've supplanted Tiger
Woods. Now, Mickelson can once again lay claim to
<< Nash has broken nose, says he will be fine
PHOENIX (AP) -Steve Nash has a broken nose but says he doesn't expect it to be a problem for him in Game 4 of the Western Conference finals.The Phoenix playmaker sustained the slight fracture in a fourth-quarter collision with Derek Fisher in the Su
<< Texans WR Johnson hires agent
HOUSTON (AP) -Houston Texans wide receiver Andre Johnson is no longer relying solely on his uncle for contract advice.Johnson said Monday he has hired Kennard McGuire as his agent, but his uncle Andre Melton will remain a trusted adviser.Johnson say
Towson going prime time >>
Towson, MD (Sportsbook Betting Lines) - The three biggest crowds in Johnny Unitas
Stadium history occurred at night, and Towson hopes to build momentum this
season by playing three night home games for the first time since 2005.
Towson's night home ga
Morrison wins U.S. Open qualifier at Walton Heath >>
Surrey, England (Sportsbook Betting Lines) - James Morrison won a sectional U.S. Open
qualifier at Walton Heath on Monday, earning his first trip to a major
championship.
Morrison finished at 11-under par, won the qualifier by two shots
MRI shows inflammation, no structural damage for Cards' Lohse >>
St. Louis, MO (Sportsbook Betting Lines) - An MRI scan on the right forearm of St. Louis
Cardinals pitcher Kyle Lohse showed no evidence of structural damage, but did
reveal post-exercise inflammation.
Lohse was rocked in his last start, as he gav
Fujita wins Asian U.S. Open qualifier >>
Saitama, Japan (Sportsbook Betting Lines) - Hiroyuki Fujita of Japan won the U.S. Open
sectional qualifier in Japan on Monday at Musashi Country Club.
Fujita finished two rounds at 15-under 129 and earned a spot in the field June
17, 2010 at Pebble
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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