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07/30/2010 - Denver, CO (Sportsbook Betting Lines) - The Chicago Cubs have reinstated pitcher Carlos Zambrano from the restricted list prior to Friday's road game against the Rockies.
The right-hander's placement on the restricted list stemmed from a dugout incident at U.S. Cellular Field on June 25.
After allowing four runs to the White Sox in the first inning of an eventual 6-0 loss, a visibly upset Zambrano was caught on camera screaming at his teammates and got into a heated exchange with first baseman Derrek Lee.
Zambrano began the season in the starting rotation before being shifted to the bullpen in late April. His outburst came in his fifth start since being reinserted into rotation.
For the season, he has compiled a 3-6 record and has pitched to a 5.66 earned- run average in 22 games (nine starts).
To make room for Zambrano, the Cubs granted reliever Bob Howry his unconditional release. The right-hander was 0-3 with a 5.66 ERA in 24 appearances for Chicago after joining the club in May.
<< A's activate Anderson, disable Bailey
Chicago, IL (Sportsbook Betting Lines) - The Oakland Athletics made several moves on
Friday, among them reinstating pitcher Brett Anderson from the 15-day disabled
list and placing pitcher Andrew Bailey on the 15-day DL, retroactive to July
21.
<< Fisher flirts with 59, takes Irish Open lead
Killarney, Ireland (Sportsbook Betting Lines) - Ross Fisher fired a 10-under 61 on
Friday to grab sole possession of first place after the second round of the
Irish Open.
Fisher finished 36 holes at 12-under 130 and is three strokes cl
<< Vikings come to terms with RB Gerhart
Minneapolis, MN (Sportsbook Betting Lines) - The Minnesota Vikings have reportedly
signed running back Toby Gerhart.
The Star Tribune revealed Friday that Gerhart, the 51st overall draft pick
back in April, was given a four-year, $3.767 mill
<< German midfielder Khedira joins Real Madrid
Madrid, Spain (Sportsbook Betting Lines) - Real Madrid agreed to a transfer for Germany
midfielder Sami Khedira from Stuttgart on Friday. The 23-year-old will sign a
five-year contract after undergoing a physical in Madrid.
Khedira emerged in the re
Senators re-sign D Campoli >>
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators have re-signed defenseman
Chris Campoli to a one-year contract, the team announced Friday.
Campoli, 25, appeared in 67 games for the Senators last season, collecting
four goals and 18
Hat Trick: Jets bring back Coles for third time >>
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets and wideout
Laveranues Coles have renewed relations.
The Jets' Twitter page on Friday revealed the signing, and while terms have
yet to be released, the New York Post repo
Cowboys' WR Bryant injured >>
San Antonio, TX (Sportsbook Betting Lines) - Dallas Cowboys rookie wide receiver Dez
Bryant suffered an apparent right ankle injury during Friday's practice.
Bryant was helped off the field after colliding with a defender toward the end
of the se
Twins send P Blackburn to minors, place INF Punto on DL >>
Minneapolis, MN (Sportsbook Betting Lines) - The Minnesota Twins demoted pitcher Nick
Blackburn to Triple-A Rochester on Friday to make room for newly acquired
reliever Matt Capps.
Blackburn, who received a four-year, $14 million contract la
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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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