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07/24/2010 - London, England (Sportsbook Betting Lines) - Chelsea striker Didier Drogba had surgery on Friday and will miss three weeks, putting his status for the start of the English Premier League season in doubt.
Drogba had an groin operation to fix a problem that limited him at times last season. The 32-year-old Ivory Coast international is expected to return to training in three weeks.
"Drogba successfully underwent minimally invasive surgery yesterday [Friday] on the groin injury that had troubled him for some of last season," Chelsea released in a statement.
"The decision to perform the procedure after his return from the World Cup was made to optimize his rehabilitation and he is expected to return to full training in approximately three weeks."
Chelsea opens the season Aug. 14 against West Brom at Stamford Bridge.
<< Colvin, Castro hit HRs as Cubs nip Cards
Chicago, IL (Sportsbook Betting Lines) - Tyler Colvin and Starlin Castro homered to
support six solid innings from Tom Gorzelanny as Chicago turned away St.
Louis, 6-5, in the middle meeting of a three-game set.
Castro finished with three h
<< Manchester City signs Serbia defender Kolarov
Manchester, England (Sportsbook Betting Lines) - Manchester City added its fourth new
player of the offseason Saturday, signing Serbia defender Aleksandar Kolarov
from Lazio for $25 million.
Kolarov, 24, played two games for Serbia at the recent
<< Brazil names Menezes new coach
Sao Paulo, Brazil (Sportsbook Betting Lines) - Brazil named Mano Menezes the new coach
of its national team Saturday, and signed him to a contract through the 2014
FIFA World Cup in Brazil.
Muricy Ramalho was the first choice to replace Dunga, w
<< Padres reinstate Latos from DL
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres reinstated pitcher Mat
Latos from the 15-day disabled list to make Saturday's start against the
Pirates.
Latos was disabled on July 16, retroactive to July 9, with a strained
Liu becomes youngest U.S. Junior champion >>
Ada, MI (Sportsbook Betting Lines) - Jim Liu earned a 4 & 2 victory over Justin Thomas
on Saturday to become the youngest winner in the history of the U.S. Junior
Amateur Championship.
Liu rallied from an early deficit and never trailed afte
Chen wins U.S. Girls' Junior >>
Village of Pinehurst, NC (Sportsbook Betting Lines) - Doris Chen defeated Katelyn
Dambaugh, 3 & 2, on Saturday to win the U.S. Girls' Junior Championship.
Chen, a 17-year-old from Bradenton, Fla., wrapped up the victory when both
player
Atletico Madrid adds Brazilian fullback Filipe >>
Madrid, Spain (Sportsbook Betting Lines) - Atletico Madrid acquired Brazilian fullback
Filipe from fellow Spanish club Deportivo on Saturday in a deal reported to be
worth nearly $15 million.
Filipe debuted for Brazil during 2010 FIFA World Cup qua
Report: Mets' Maine to miss rest of season >>
Los Angeles, CA (Sportsbook Betting Lines) - New York Mets pitcher John Maine has
undergone surgery on his right shoulder that will sideline him for the rest of
the 2010 season.
According to the Newark Star-Ledger, the procedure was performed F
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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The MySportsbook.com March Madness contest is simple just Sign-up for the March Madness bracket contest and come back after Selection Sunday to submit your March Madness picks. Then place $20.00 in wagers during each round of the March Madness tournament. Even if your bracket is not perfect you could potentially still win $10,000.00.
There is not an office pool on the planet that can offer this March Madness Grand Prize. Get together with your office, work as a team or keep the $12 Million and do it yourself and win the $12 Million. Also feel free to print out the Printable March Madness Brackets .
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