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02/07/2012 - Dunfermline, Scotland (Sportsbook Betting Lines) - Dunfermline battled back after surrendering the opening goal Tuesday night at East End Park as the Pars played to a 1-1 draw with Kilmarnock.
James Fowler piled on the misery for last-place Dunfermline as he provided the opening goal in the 21st minute.
But the Pars responded just before halftime with Andy Kirk equalizing in the 44th minute. It was Kirk's team-high seventh goal of the Scottish Premier League season.
A scoreless second half ensured a draw and one point for each side.
The draw snaps a two-game losing streak for Dunfermline and brings the Pars to 18 points on the season. They now find themselves tied with Hibernian for last place in Scotland's top tier.
Kilmarnock climbs above Dundee United and into seventh place, improving to 28 points. Killie sits one point adrift a spot in the Scottish League playoffs.
<< Prosecutors: Sandusky should stay inside
Harrisburg, PA (Sportsbook Betting Lines) - Prosecutors want the conditions of Jerry
Sandusky's bail to be modified to prevent the former Penn State assistant
coach from leaving the walls of his house unless it is to receive medical
treatme
<< Western Illinois tabs Ward as defensive coordinator
Macomb, IL (Sportsbook Betting Lines) - Brian Ward has been named Western Illinois'
new defensive coordinator, head football coach Mark Hendrickson announced
Tuesday.
Ward was Drake University's defensive coordinator last season when the
Bulldogs pos
<< In the FCS Huddle: The curious case of App State
Philadelphia, PA (Sportsbook Betting Lines) - It's not as if DeAndre Presley's college
career was only seven games long. But that's the experience he must build off
as he tries to build an NFL career.
There are 22 players from FCS programs who have be
<< Ricky Williams calls it a career
Austin, TX (Sportsbook Betting Lines) - Former All-Pro running back Ricky Williams has
decided to retire after 11 NFL seasons.
The 34-year-old Williams was a star at the University of Texas and a heralded
first-round pick of the New Orleans Sain
Dodgers extend ace Kershaw for 2 years >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Dodgers avoided
arbitration with All-Star pitcher Clayton Kershaw on Tuesday, agreeing to a
two-year contract with their ace lefty.
Terms of the deal were not disclosed.
Ke
VMI to visit Navy, play six at home >>
Lexington, VA (Sportsbook Betting Lines) - VMI football will visit the Naval Academy for
the first time in nine seasons and play six home games at part of a 2012
schedule announced on Tuesday.
The home schedule is the largest since the Keydets last pl
Portland State to face Washington, host five games >>
Portland, OR (Sportsbook Betting Lines) - Portland State's football team will travel to
the University of Washington and play five home games as part of a 2012
schedule announced Tuesday.
The Vikings will face a Pac-12 school for the eighth time since
Owen Nolan announces retirement >>
San Jose, CA (Sportsbook Betting Lines) - Former San Jose captain Owen Nolan officially
announced his retirement on Tuesday.
Nolan disclosed his decision during a press conference at HP Pavilion, the
home of the Sharks, the team for which he spen
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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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