Pit gamble pays off for Franchitti in Chicagoland win

Autoracing Betting Lines

08/28/2010 - Joliet, IL (Sportsbook Betting Lines) - Dario Franchitti gave his IZOD IndyCar Series title defense a huge boost by winning Saturday's Peak Antifreeze and Motor Oil Indy 300 at Chicagoland Speedway.

Franchitti opted not to take on new tires and took the lead during a late-race round of pit stops under caution. He held off challenges from Dan Wheldon and Marco Andretti during the final 25 laps to claim his third victory of the season and the 16th of his IndyCar career.

Wheldon finished second, and Andretti took the third spot. Ryan Hunter-Reay and Tony Kanaan rounded out the top-five.

Current points leader Will Power battled for the lead until four laps remaining when he had to pit unexpectedly for fuel. Power finished one lap behind in 16th and saw his lead over Franchitti trimmed to 23 points with three races remaining in the season.

Wwhangame Autoracing Betting News


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<< Dunn, Nats clobber Cardinals
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<< Houston's Myers upends Santana, Mets
Flushing, NY (Sportsbook Betting Lines) - Brett Myers tossed seven strong scoreless innings while Carlos Lee hit a two-run shot and drove in three runs as Houston downed the New York Mets, 4-1, in the middle test of three between the clubs at Citi

<< Mapp's stoppage-time goal helps Union sink 10-man Revs
Foxborough, MA (Sportsbook Betting Lines) - The Philadelphia Union scored two goals in the final eight minutes of their Major League Soccer match at the New England Revolution on Saturday night to earn a 2-1 win. Second-half substitute Justin Map

Cabrera's home run carries Cleveland past Royals >>
Cleveland, OH (Sportsbook Betting Lines) - Asdrubal Cabrera's home run leading off the 10th inning was the difference, as the Indians beat the Royals, 4-3, in the second of three games at Progressive Field. Cabrera finished with two hits for th

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Baltimore, MD (Sportsbook Betting Lines) - Joe Flacco played into the third quarter and passed for 229 yards and two touchdowns on 21-of-34 efficiency, pacing the Ravens over the Giants, 24-10, in preseason action. Flacco was also picked off on

Braden tosses four-hitter as A's down Rangers >>
Arlington, TX (Sportsbook Betting Lines) - Dallas Braden threw his second shutout of the season to lift the Oakland Athletics to a 5-0 win over the Texas Rangers in the second of a three-game set. Braden (9-9) gave up just four hits and struck

Johnson's 10th-inning homer gets Rays past Red Sox >>
St. Petersburg, FL (Sportsbook Betting Lines) - Dan Johnson's leadoff homer to right field in the bottom of the 10th inning lifted Tampa Bay over Boston, 3-2, in the second of three between the clubs at Tropicana Field. The hit made a wi

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MySportsbook.com Favors Fighting Irish to win College Football betting odds

According to odds makers at MySportsbook.com, on January 8, the Fighting Irish faithful may be toasting their 14th national title in Arizona – Notre Dame’s first national championship in close to 20 years.

Although MySportsbook.com has listed Notre Dame as the 5-1 favorite to win thecollege football College Football betting, fans in Columbus do not need to cancel their tickets to Glendale just yet.  The Ohio State Buckeyes, listed right behind the Irish at 7-1, are also heavy favorites to win college football’s most coveted prize, while West Virginia, USC and the 2007 National Champion Texas Longhorns - all listed at 8-1 – are strong contenders as well.

MySportsbook.com has also posted gambling odds on the conference championships for the ACC, Big 12 and SEC.  In the ACC – it could be anyone’s title, particularly for the two schools from the Sunshine State.  Florida State and Miami, both listed at 2-1, are favored to win the ACC Championship Game odds, with the ‘Noles hoping to finish in the nation’s top 10 for the first time in five years, and the ‘Canes looking to avenge their 10-7 loss against FSU in last year’s ACC Championship betting.

Moving west to the Big 12, MySportsbook.com has betting lines listing Texas as 7-5 favorites to repeat as conference champions, even though the Longhorns lost their national championship-winning quarterback Vince Young to the NFL.  In the south, the Auburn Tigers – led by Heisman-hopeful senior running back Kenny Irons – have been given the best odds to win the SEC Championship odds at 5-2.

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.


ODDS TO WIN THE BCS NATIONAL CHAMPIONSHIP

Notre Dame
Ohio State
West Virginia
Texas
USC
Florida
California
Auburn
Oklahoma
Iowa
Louisville
Florida State
Michigan
Miami (FL)
LSU
Penn State
Virginia Tech
Nebraska
Tennessee
Georgia
Arizona State
Oregon
Clemson
Texas A&M
Texas Tech
Alabama
Arkansas
Boston College
Michigan State
Maryland
South Carolina
Colorado
Purdue
Georgia Tech
TCU
UCLA
Arizona
Pittsburgh
Iowa State
Wisconsin
North Carolina State
Virginia
North Carolina
Fresno State
Hawaii
Northwestern
BYU
Oregon State
UNLV
Field (Any Other Team)
5-1
7-1
8-1
8-1
8-1
12-1
15-1
15-1
18-1
20-1
20-1
20-1
20-1
20-1
25-1
40-1
40-1
50-1
60-1
60-1
60-1
70-1
70-1
100-1
100-1
100-1
100-1
100-1
150-1
200-1
200-1
200-1
200-1
200-1
250-1
250-1
300-1
300-1
300-1
300-1
300-1
300-1
400-1
500-1
500-1
500-1
500-1
1000-1
1000-1
40-1



ODDS TO WIN ACC CHAMPIONSHIP GAME

Miami (FL)
Florida State
Virginia Tech
Clemson
Georgia Tech
Boston College
Maryland
Virginia
North Carolina State
North Carolina
Wake Forest
Duke
2-1
2-1
3-1
7-1
15-1
15-1
15-1
30-1
30-1
30-1
50-1
500-1



ODDS TO WIN BIG 12 CHAMPIONSHIP GAME

Texas
Oklahoma
Nebraska
Texas Tech
Colorado
Iowa State
Texas A&M
Kansas State
Missouri
Kansas
Baylor
Oklahoma State
7-5
9-5
9-2
12-1
14-1
15-1
15-1
30-1
30-1
35-1
100-1
100-1



ODDS TO WIN SEC CHAMPIONSHIP GAME

Auburn
Florida
LSU
Georgia
Tennessee
Arkansas
Alabama
Mississippi
South Carolina
Mississippi State
Kentucky
Vanderbilt
5-2
11-4
4-1
6-1
7-1
7-1
9-1
20-1
28-1
75-1
100-1
300-1

For complete NCAA football odds please visit Mysportsbook.com.

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.