Eworleanssaints Football Betting News

<< Rockies recall Escalona among numerous roster moves
Denver, CO (Sportsbook Betting Lines) - The Colorado Rockies on Tuesday recalled right- handed pitcher Edgmer Escalona from Triple-A Colorado Springs. The 23-year-old Escalona will look to make his debut in the majors. The Venezuelan native

<< Broncos ink DL Vickerson, cut Smith
Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos bolstered their defensive line on Tuesday by agreeing to terms with Keith Vickerson to a contract. Details were not released per team policy. The 6-foot-5, 321-pound defensive lineman

<< Hendrick taking different approach to Chase this year
Charlotte, NC (Sportsbook Betting Lines) - Team owner Rick Hendrick arguably had his best season in NASCAR's premier series in 2009, with Jimmie Johnson, Mark Martin and Jeff Gordon finishing 1-2-3, respectively, in points. That same scenario won't be un

<< Nets waive F May
New York, NY (Sportsbook Betting Lines) - The New Jersey Nets have requested waivers on forward Sean May less than a month after signing him. May had signed with New Jersey on August 9 and suffered a stress fracture in his left foot las

Youzhny reaches Open quarters; Querrey ousted in five sets >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Former semifinalist Mikhail Youzhny was a fourth-round winner Tuesday at the 2010 U.S. Open, while Sam Querrey, the final American in the field, was beaten in five sets by Switzerland's Stanislas Wawrinka

Jets bring back FB Richardson >>
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets re-signed Tony Richardson on Tuesday, just two days after releasing the veteran fullback. He had re-signed with the team in March after blocking last season for the NFL's t

Garcia leaves start early >>
Detroit, MI (Sportsbook Betting Lines) - Chicago White Sox starting pitcher Freddy Garcia left Tuesday's start against Detroit with what appeared to be a lower body injury. Garcia lasted two innings and allowed two runs on three hits. The 3

Reds recall Volquez from Single-A Dayton >>
Denver, CO (Sportsbook Betting Lines) - The Cincinnati Reds recalled pitcher Edinson Volquez from Single-A Dayton so he could be a part of the team's pitching staff down the stretch. Volquez missed most of the season after Tommy John sur

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.