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02/09/2012 - Philadelphia, PA (Sportsbook Betting Lines) - As if the 150th meeting between the Lafayette and Lehigh football teams wasn't special enough ...
How about an extra special venue?
The Express-Times of Easton, Pa., reported Thursday about the concept of college football's most-played game celebrating its 150th meeting in 2014 at Yankee Stadium in New York.
Lafayette athletic director Bruce McCutcheon told the Express-Times he had spoken with Lehigh athletic director Joe Sterrett about doing "something special" for the 150th meeting. McCutcheon did not say whether the idea of playing the game at "The House That Ruth Built" was under serious consideration.
Through 147 meetings, Lafayette holds a 76-66-5 series lead.
The rivalry annually sells out at Lafayette (13,132) and Lehigh (16,000), but how much of a bigger draw it would be at Yankee Stadium is unknown.
Four college football games, including two Pinstripe Bowls, have been played at the new Yankee Stadium since it opened for the 2009 baseball season.
<< Breen prepares Pants On Fire for return
Hallandale Beach, FL (Sportsbook Betting Lines) - Saturday marks a big day for trainer
Kelly Breen with the return of his 2011 Belmont Stakes champion Ruler On Ice.
The four-year-old gelding is one of the favorites for the $500,000 Donn
Handica
<< San Jose signs Wondolowski to new contract
San Jose, CA (Sportsbook Betting Lines) - The San Jose Earthquakes signed two-time MLS
leading scorer Chris Wondolowski to a new deal Thursday, although per league
and team policy, terms of the deal were not disclosed.
Wondolowski has led MLS in
<< Masella named associate head coach at Wagner
Staten Island, NY (Sportsbook Betting Lines) - Former Fordham head football coach Tom
Masella has been named associate head coach at Wagner College, veteran
Seahawks head coach Walt Hameline announced Thursday.
Masella, a native of Staten Island who p
<< Report: Harden to miss 2012 season
San Francisco, CA (Sportsbook Betting Lines) - Free agent pitcher Rich Harden will
reportedly miss the entire 2012 season after undergoing shoulder surgery.
According to the San Francisco Chronicle, Harden had a torn capsule in his
right sho
Lamar to visit Hawaii as part of 12-game schedule >>
Beaumont, TX (Sportsbook Betting Lines) - Lamar University football will visit the
University of Hawaii as part of a 12-game schedule announced Thursday.
Football Championship Subdivision teams usually play a maximum of 11 games,
but the Cardinals are
Nets' Bogans headed for surgery >>
East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets announced Thursday
that guard Keith Bogans has been diagnosed with a complete tear of the deltoid
ligament as well as a fractured left ankle.
Bogans, who signed with the Nets on
Rangers ink Cruz to two-year deal >>
Arlington, TX (Sportsbook Betting Lines) - The two-time defending American League
champion Texas Rangers have agreed to a two-year contract with outfielder
Nelson Cruz, the team announced on Thursday.
The 31-year-old Cruz batted .263 wit
Tsonga will open for France in Vancouver >>
Vancouver, BC (Sportsbook Betting Lines) - Former Australian Open runner-up Jo-Wilfried
Tsonga will get France going Friday in its opening-round Davis Cup tie against
host Canada.
The world No. 6 Tsonga will meet Vasek Pospisil in the first singles
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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The MySportsbook.com March Madness contest is simple just Sign-up for the March Madness bracket contest and come back after Selection Sunday to submit your March Madness picks. Then place $20.00 in wagers during each round of the March Madness tournament. Even if your bracket is not perfect you could potentially still win $10,000.00.
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