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03/08/2010 - St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Rams on Monday bolstered their defense with the signing of tackle Fred Robbins. Per club policy, terms of the deal were not disclosed.
Robbins, 32, spent the last six years of his career with the New York Giants. Rams head coach Steve Spagnuolo served as the Giants' defensive coordinator from 2007-08.
"I am very happy we were able to get this deal done with Fred," Spagnuolo said. "He is a player I am familiar with and he is a veteran who has been very productive on some very good defenses. He will add leadership to our defense and depth to the defensive tackle position."
Robbins started 12 games for New York in 2009, recording 28 tackles and two sacks.
The Wake Forest product played his first four seasons with the Minnesota Vikings. He has 353 tackles and 28.5 sacks in 149 career games, including 116 starts.
<< Steelers sign WR Battle, S Allen
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Steelers on Monday signed
wide receiver Arnaz Battle and safety Will Allen to three-year contracts.
Battle spent seven seasons with San Francisco, which selected the Notre Dame
product
<< Rachel Alexandra debuts in New Orleans Ladies
New Orleans, LA (Sportsbook Betting Lines) - Rachel Alexandra, 2009 Horse of the Year,
is set make her 2010 debut this Saturday at the Fair Grounds in the $200,000
New Orleans Ladies. The 1 1/16-mile test has attracted four females to take
on the
<< PGA Tour set to ban clubs after Ping waives rights
Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The grandfathered wedges and irons
used by Phil Mickelson and others this season will no longer be allowed on the
PGA Tour after the company that makes them agreed to waive its rights from a
decades
<< Report: FCD signs former Wizards 'keeper Hartman
Frisco, TX (Sportsbook Betting Lines) - According to a report on the soccer blog 3rd
Degree, FC Dallas has agreed to terms with former Kansas City Wizards
goalkeeper Kevin Hartman.
Hartman, a 13-year Major League Soccer veteran, was un
Texans retain WR Walter, P Turk >>
Houston, TX (Sportsbook Betting Lines) - The Houston Texans made it official on Monday
by re-signing wide receiver Kevin Walter and punter Matt Turk after both
become unrestricted free agents on Friday.
Terms of the contracts were not disclos
Roethlisberger investigation continues >>
Milledgeville, GA (Sportsbook Betting Lines) - Milledgeville police chief Woodrow Blue
said Monday at a brief press conference that arrangements are being made to
interview Steelers quarterback Ben Roethlisberger, who was recently accused
of sex
Hawaii fires men's basketball coach Nash >>
Honolulu, HI (Sportsbook Betting Lines) - The University of Hawaii announced Monday it
has fired head men's basketball coach Bob Nash.
Hawaii went 10-20 and did not qualify for the Western Athletic Conference
Tournament this season, Nash's thi
Wigan knocks off Liverpool >>
Wigan, England (Sportsbook Betting Lines) - Hugo Rodallega's 35th-minute goal allowed
Wigan to claim a surprising 1-0 win over Liverpool at the DW Stadium on
Monday, putting a dent in the Champions League hopes of the Reds.
Rodallega scored
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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