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03/10/2010 - (Sportsbook Betting Lines) - Keeping up with Denver in both the Northwest Division and Western Conference standings could get a bit easier tonight for the Utah Jazz, who will shoot for their 10th straight win over the Detroit Pistons.
Utah has won 11 of the its last 12 meetings with Detroit and is unbeaten in its past four trips to The Palace of Auburn Hills. The Jazz needed overtime to top the Pistons back on November 21 of this season, though, as Carlos Boozer and Andrei Kirilenko totaled 22 points apiece in the 100-97 triumph and combined to score all 10 points in the extra session.
The Jazz have won three in a row overall and opened a four-game road trip with Tuesday's 132-108 drubbing of the Chicago Bulls at the United Center behind 28 points and a game-best 17 assists from Deron Williams. C.J. Miles scored 26 points off the bench and Boozer notched a double-double with 16 points and 10 rebounds for Utah, which sits a game behind the Nuggets in both the division and conference standings. Denver is currently third in the West, just a game back of Dallas.
"I like to see guys compete out there," Utah coach Jerry Sloan said. "[Tuesday] those guys competed hard the whole game."
Sloan's bunch will also visit Milwaukee and Oklahoma City and are 16-14 away from Salt Lake City.
Detroit put the brakes on a six-game losing streak with a 110-107 overtime victory versus Houston on Sunday in the opener of a three-game homestand. Tayshaun Prince registered a season-high 29 points and 10 rebounds, while Richard Hamilton totaled 22 points with eight assists.
"The last three minutes we buckled down and got some fast break opportunities," said Prince, who is averaging 20.2 points and 5.8 rebounds in his last five games. "Pretty much did a good job rebounding the basketball late, going to overtime. Our defense stayed intact."
Hamilton is averaging 23.3 points in his last four home games.
The Pistons will close out the residency on Friday versus Washington and are 15-17 at home in 2009-10.
<< Heat begin key homestand with visit from Clippers
(Sportsbook Betting Lines) - The Miami Heat are fighting for their playoff lives and
hope to gain some ground during a six-game homestand that starts with
tonight's matchup versus the Los Angeles Clippers at AmericanAirlines Arena.
The Heat have won t
<< Bobcats hope to end road woes in Philadelphia
(Sportsbook Betting Lines) - Robert Frost's poem "The Road Not Taken" easily coincides
with how the Charlotte Bobcats have been playing this season. The road less
traveled would be the one headed towards Charlotte, and that's made all the
difference for
<< Pearce: Owen's England career not over
London, England (Sportsbook Betting Lines) - The England door remains open to Michael
Owen despite his season-ending injury, according to Under-21 coach Stuart
Pearce.
Pearce has dismissed suggestions that the 30-year-old Manchester Uni
<< Kings visit Blackhawks for clash between West powers
(Sportsbook Betting Lines) - Two of the Western Conference's best teams will meet
tonight in the Windy City as the Chicago Blackhawks host the Los Angeles Kings
at United Center.
The Blackhawks are first in the Central Division and second in the West
Corvo, Walker lead Caps against Hurricanes >>
(Sportsbook Betting Lines) - Both Joe Corvo and Scott Walker were given a chance to
compete on a championship-caliber team when they were traded by the Hurricanes
to the Capitals before the trade deadline. One week later, they get to show
off in front of
Smith cools Rangers title talk >>
Glasgow, Scotland (Sportsbook Betting Lines) - Walter Smith is refusing to entertain
suggestions that his Rangers side have effectively wrapped up the Scottish
Premier League title after restoring their 13-point lead at the top of the
table.
Canucks end record road trip in Phoenix >>
(Sportsbook Betting Lines) - The longest road trip in NHL history will come to an end
tonight when the Vancouver Canucks visit the Phoenix Coyotes at Jobing.com
Arena.
The Canucks are playing their 14th straight road game this evening, having
last pl
Grant wants decision on points penalty >>
Portsmouth, England (Sportsbook Betting Lines) - Avram Grant has called on the Premier
League to make a swift decision over any points penalty his Portsmouth side
will receive after claiming the uncertainty is filtering down onto the pitch.
Pompe
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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.
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