02/09/2010 -
(Sportsbook Betting Lines) - The last time Minnesota and Philadelphia got together the
Sixers blew a 20-point lead en route to an overtime loss. The 76ers will try
to maintain any sort of advantage tonight, when they try to extend their
season high winning streak to five games versus the Timberwolves at the
Wachovia Center.
The 108-103 overtime setback at the Target Center back on January 18 lifted
Minnesota to a 5-2 mark in the past seven matchups in this series. The Sixers,
however, have won two in a row and six of eight matchups between the teams in
the City of Brotherly Love.
Philadelphia made it four straight wins with Saturday's 102-95 victory at
Houston, as Andre Iguodala ended with 14 points, 10 rebounds and six assists
and hit a big three-pointer down the stretch to lead the way. Thaddeus Young
netted a team-high 17 points, while Willie Green and Elton Brand chipped in 15
and 13 points, respectively, for the Sixers, who will try to stop a two-game
slide as the host Tuesday.
"We're in a good groove. Hopefully we can bottle it up," Sixers guard Lou
Williams said.
Williams, who had nine points in the victory, is questionable for tonight's
game due to a sinus infection. Veteran guard Allen Iverson is also
questionable because one of his children is ill and has missed three
consecutive games for the 76ers, who are 8-16 as the host and 12-9 since
opening the campaign with a 7-22 mark.
Minnesota is also riding a four-game winning streak and has scored 100 or more
points in each of those contests. In Saturday's 109-102 victory versus the
Memphis Grizzlies in the Twin Cities, Ryan Gomes scored 26 points and Al
Jefferson added 23 points and seven rebounds for the Timberwolves, who last
won four in a row during a five-game streak from January 2-10, 2009. Ramon
Sessions contributed 19 points off the bench.
"We showed a different side of us tonight," Jefferson said. "I think we really
surprised ourselves."
Corey Brewer had 17 points in the victory.
The T'Wolves sport a 4-21 road mark this season and shot 55.6 percent in
Saturday's win. It was their second-highest percentage of the season and the
fourth straight game they've reached the 50 percent mark.
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.