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03/10/2010 - Portsmouth, England (Sportsbook Betting Lines) - Avram Grant has called on the Premier League to make a swift decision over any points penalty his Portsmouth side will receive after claiming the uncertainty is filtering down onto the pitch.
Pompey have yet to discover their fate after becoming the first club in the Premier League era to slide into administration last month.
The league's bottom club are expected to be docked a further nine points which would all but confirm their relegation to the Championship.
But speaking after Tuesday's 2-1 defeat by Birmingham City at Fratton Park, Grant revealed his unhappiness at the lack of decisive action.
"I still believe that this needs to be decided on the pitch and we'll see how we get on," he declared.
"We can still do it, but we need to know for sure what will happen. We can't just keep reading in the papers every day that we are nine points down.
"Of course it affects the players, but when they come to the pitch, they are trying everything they can do to win the games.
"It's not good for the Premier League that a team could be relegated because of a decision that was made off the pitch."
(Courtesy of sportbox.tv)
<< Smith cools Rangers title talk
Glasgow, Scotland (Sportsbook Betting Lines) - Walter Smith is refusing to entertain
suggestions that his Rangers side have effectively wrapped up the Scottish
Premier League title after restoring their 13-point lead at the top of the
table.
<< Corvo, Walker lead Caps against Hurricanes
(Sportsbook Betting Lines) - Both Joe Corvo and Scott Walker were given a chance to
compete on a championship-caliber team when they were traded by the Hurricanes
to the Capitals before the trade deadline. One week later, they get to show
off in front of
<< Stars shoot for rare win in Buffalo
(Sportsbook Betting Lines) - After losing its first three games after the Winter
Olympics, Dallas is coming off a victory that could very well turn its luck
around. Now all it has to do is pick up its first victory at Buffalo in over
12 years.
The St
<< Surging Jazz shoot for another win over Pistons
(Sportsbook Betting Lines) - Keeping up with Denver in both the Northwest Division and
Western Conference standings could get a bit easier tonight for the Utah Jazz,
who will shoot for their 10th straight win over the Detroit Pistons.
Utah has won 11
Buffon drops retirement hint >>
Turin, Italy (Sportsbook Betting Lines) - Juventus goalkeeper Gianluigi Buffon has
stated that he will retire from football as soon as he drifts out of the
international picture.
The 32-year-old, who has completed a century of appearance
Lehmann set to retire after season >>
Stuttgart, Germany (Sportsbook Betting Lines) - Veteran goalkeeper Jens Lehmann is set
to call time on his illustrious career at the end of the season, after turning
down the offer of a new contract at Stuttgart.
The 40-year-old has decided agains
Pistons' Stuckey cleared for exercise >>
AUBURN HILLS, Mich. (AP) -The Detroit Pistons say three doctors have cleared Rodney Stuckey for exercise after a heart evaluation.Stuckey collapsed on the bench during Friday's game at Cleveland and was taken away on a stretcher. He missed Sunday's
Titans add LB Witherspoon >>
Nashville, TN (Sportsbook Betting Lines) - The Tennessee Titans agreed to terms on a
multi-year contract with Will Witherspoon on Wednesday.
Witherspoon started last season with St. Louis, but was traded to the
Philadelphia Eagles in Oct
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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 sportsbook 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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