Florida State vacates wins
NCAA Football Betting Lines
02/07/2010 - Tallahassee, FL (Sportsbook Betting Lines) - Florida State's athletic department officially announced the vacating of wins relating to last year's academic fraud violations, including 12 for football under former head coach Bobby Bowden's watch.
The NCAA had denied an appeal by Florida State last month to overturn the vacation-of-records penalty. All that was left was Sunday's determination of which contests the ineligible student-athletes participated.
The NCAA's Division I Committee on Infractions originally levied the records penalty, along with a four-year period of probation and reduced scholarships, in March of 2009 for major violations across 10 sports involving 61 student- athletes during 2006 and 2007.
The 12 football wins include the Seminoles' Emerald Bowl victory following the 2006-07 season as well as four regular-season wins from that year and seven the following season -- ultimately trimming Bowden's career win total to 377.
Bowden stepped down as FSU's head coach after the Seminoles beat West Virginia in the Gator Bowl this past year. His original total of 389 wins was still second-most in major college football behind Penn State's Joe Paterno.
In addition to the football program, the university loses a men's track and field championship in 2006 and postseason wins for both the baseball team and women's basketball.
Montreal, QC (Sportsbook Betting Lines) - Tuukka Rask posted 36 saves for his third shutout of the season and Boston broke a 10-game losing streak, one game short of the franchise record, with a 3-0 win over Montreal at the Bell Centre. Boston,
<< Carter leads Magic over Boston
Boston, MA (Sportsbook Betting Lines) - Vince Carter led a balanced attack with 20
points and Dwight Howard logged 16 points and 13 rebounds despite battling
foul trouble, as Orlando rallied back from an 11-point halftime deficit to
beat Bo
<< Sharks get D Wallin from Carolina
San Jose, CA (Sportsbook Betting Lines) - The San Jose Sharks made a trade on Sunday,
acquiring defenseman Niclas Wallin and a fifth-round pick in the 2010 draft
from the Carolina Hurricanes for a second-round pick in the 2010 draft.
Wallin, a
<< Freeney active for Super Bowl
Miami, FL (Sportsbook Betting Lines) - Indianapolis Colts defensive end Dwight Freeney
is listed as active for the Super Bowl despite a right ankle injury.
Freeney hasn't practiced all week due to a third-degree sprain and torn
ligament in h
<< NFL Inactives (Sunday, February 7, 2010)
Philadelphia, PA (Sportsbook Betting Lines) - The following is a list of inactive players
for Super Bowl XLIV in Miami.
NEW ORLEANS SAINTS VS. INDIANAPOLIS COLTS, 6:25 P.M. (ET)
Saints - 3rd QB Chase Daniel, TE Darnell Dinkins, RB Lynell Hamilton, T
Cincinnati, OH (Sportsbook Betting Lines) - Dee Dee Jernigan had 15 points to help seventh-ranked Xavier down Richmond, 67-55, at the Cintas Center. Amber Harris had 14 points, Special Hennings added 12 points while Tyeasha Moss had 11 points and six
Chiefs G Waters named Walter Payton Man of the Year >>
Miami, FL (Sportsbook Betting Lines) - Kansas City Chiefs guard Brian Waters was
named the 2009 Walter Payton NFL Man of the Year in a ceremony prior to Super
Bowl XLIV.
Waters, a four-time Pro Bowl selection, is the fifth Chiefs player to w
Stricker hangs on to win at Riviera >>
Pacific Palisades, CA (Sportsbook Betting Lines) - After entering the final round with a
six-stroke lead, Steve Stricker managed a one-under 70 Sunday to win the
Northern Trust Open by two strokes.
Stricker, who had led by seven late in the t
Colts take early lead in Super Bowl >>
Miami, FL (Sportsbook Betting Lines) - Peyton Manning capped a 96-yard drive with a 19-
yard touchdown pass to Pierre Garcon, giving the Indianapolis Colts a 10-0
lead over New Orleans after one quarter of Super Bowl XLIV.
The Colts are off to a great
Stanford thumps USC >>
Stanford, CA (Sportsbook Betting Lines) - Kayla Pedersen had 18 points and 14 rebounds
as second-ranked Stanford crushed USC, 77-39.
Nnemkadi Ogwumike had 16 points and 13 rebounds, Jayne Appel added 15 points
and 13 rebounds while Rosalyn Gold-Onwude
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.