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09/01/2010 - Izmir, Turkey (Sportsbook Betting Lines) - Kirk Penney scored 18 points to lead New Zealand to a 71-61 victory over winless Canada at the 2010 FIBA World Championship.
Casey Frank added 14 points for the Kiwis, who improved to 2-2 in Group D play and sent Canada to its fourth loss in as many tries. New Zealand will advance to the second round.
Jevohn Shepherd paced Canada with 15 points and Joel Anthony of the Miami Heat added 13 in defeat.
New Zealand built a 35-28 lead at halftime and opened a 13-point advantage in the third quarter before Canada trimmed the deficit to 47-41 heading to the fourth. The Canadians closed to within four early in the final period, but New Zealand slowly pulled away and led by as many as 11 in the final minute.
Canada will conclude preliminary round play on Thursday against Spain.
Also on Wednesday, Russia topped China in Group C, 89-80, while Serbia thumped Australia in Group A, 94-79, behind 14 points and 10 rebounds from Nenad Krstic, and Croatia pounded Tunisia in Group B, 84-64.
<< Fisher begins reign in Tallahassee as FSU opens year against Samford
Tallahassee, FL (Sportsbook Betting Lines) - The Jimbo Fisher era in Tallahassee begins
this weekend, as the 20th-ranked Florida State Seminoles open up their 2010
football season against the Samford Bulldogs.
Legendary coach Bobby Bowden's reign at F
<< Yellow Jackets begin 2010 campaign against Bulldogs
Atlanta, GA (Sportsbook Betting Lines) - The reigning ACC Champion Georgia Tech Yellow
Jackets will open the 2010 season in front of a packed crowd at Bobby Dodd
Stadium when they host the South Carolina State Bulldogs this weekend.
In just his second
<< Cornhuskers open season in Lincoln against Hilltoppers
Lincoln, NE (Sportsbook Betting Lines) - In what figures to be a complete mismatch, the
eighth-ranked Nebraska Cornhuskers entertain the Western Kentucky Hilltoppers
in the season opener for both programs this weekend at Memorial Stadium.
Nebraska beg
<< Seventh-ranked Sooners welcome Aggies to Norman in season-opener
Norman, OK (Sportsbook Betting Lines) - The 2010 college football season kicks off in
Norman this weekend, as the seventh-ranked Oklahoma Sooners welcome the Utah
State Aggies to Memorial Stadium.
The Aggies are in their second year under head coach G
Tottenham adds Van der Vaart from Real Madrid >>
Sunderland, England (Sportsbook Betting Lines) - English Premier League club Tottenham
Hotspur announced on Wednesday that it reached agreement with Real Madrid
for the transfer of midfielder Rafael Van der Vaart.
The 27-year-old's deal was s
Iowa gets things started against FCS foe Eastern Illinois >>
Iowa City, IA (Sportsbook Betting Lines) - The ninth-ranked Iowa Hawkeyes lift the lid
on the 2010 season this Saturday, as they play host to the Panthers of Eastern
Illinois in the first-ever meeting between the two teams.
Eastern Illinois, which pla
Ailing Azarenka retires from U.S. Open second-rounder >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Tenth-seeded Victoria Azarenka retired
from her second-round match Wednesday amid extremely hot conditions at the
2010 U.S. Open.
Argentine Gisela Dulko was pasting Azarenka 5-1 in the first set when t
Indians recall P Carrasco, two others >>
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians recalled pitcher Carlos
Carrasco from Triple-A Columbus, in time to start the team's finale of a
three-game set against the Chicago White Sox on Wednesday.
The Indians also promo
Mayweather picked to beat De La Hoya
LAS VEGAS, NEVADA -- Golden Boy Oscar De La Hoya and his rival Floyd Mayweather Jr. arrived at the MGM Grand here Wednesday amid the pomp and pandemonium befitting two of the biggest stars in the sport who are about to duke it out for the WBC super welterweight crown this Saturday (Sunday in Manila).
As of Wednesday, MySportsbook.com closed its book with Mayweather a favorite to defeat De La Hoya at -170 (a $100 bet wins $70), while De La Hoya is a +140 underdog (a $100 bet wins $140).
Mayweather arrived at about 11:30 a.m. on a big truck with his face and a big "World's Best Pound-for-Pound" sign scribbled across the vehicle. He was accompanied by his entourage made up of rappers and his training team.
A crowd of close to 3,000 eager fans packed the MGM Grand lobby, with their cameras in tow, all trying to vie for position to get a good angle at Mayweather, who is acknowledged as the world's best fighter pound-for-pound.
Eric Gomez, Golden Boy Promotions vice-president, described the fan turnout as "amazing" and swore he had never seen anything quite like this event.
"The crowd was fantastic. Everybody was just too eager to see the two fighters," said ALA manager Michael Aldeguer, who was among those who waited at the lobby together with his ward Rey "Boom Boom" Bautista and AJ Banal.
De La Hoya made his own grand entrance at the hotel lobby at around 12:30 p.m. accompanied by GBP chief executive officer Richard Schaefer and trainer Freddie Roach.
The same group of fans who trooped to see Mayweather also lingered around to get a close look at De La Hoya, who has been secretly working out at a Las Vegas gym for days after arriving from his main training camp in Puerto Rico.
The golden boy then took part in a closed-door afternoon workout with Bautista and Banal. The two, along with Aldeguer and wife Christine, as well as an HBO crew were the only ones allowed inside the gym.
De La Hoya and Mayweather take part in today's final press conference before the official weigh-in this Friday.
Ring Magazine, the acknowledged bible of boxing, reported in its June 2007 issue that 12 out of 20 boxing experts it interviewed have favored Mayweather to defeat De la Hoya, with only 8 favoring the latter.
But Filipino ring icon Manny Pacquiao said in a recent interview with The Freeman's Emmanuel Villaruel that De La Hoya will win by unanimous decision over Mayweather.
To visit this online sportsbook got to MySportsbook.com for all your bet on boxing needs.
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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