Football Betting

Wade, Heat beat Wizards

Basketball Betting Lines

02/10/2012 - Washington, DC (Sportsbook Betting Lines) - Dwyane Wade scored 26 points to lift Miami to a 106-89 victory over Washington on Friday.

Chris Bosh scored 24 points to go with 11 rebounds, while LeBron James added 18 points and nine assists for the Heat, who bounced back from a loss at Orlando on Wednesday to win for a fourth time in their past five games.

JaVale McGee scored 24 points and pulled down 13 rebounds, while Nick Young added 22 points for the Wizards, who have dropped six of their last seven games.

The Heat held just a seven-point lead, 74-67, heading into the fourth, but Bosh and Mike Miller quickly extended that to 12 points with a jumper and three-pointer, respectively.

Washington tried to keep up and a three-ball from Young with just over six minutes to play made it a 91-80 contest, but Shane Battier, who scored 10 points in the fourth, hit one from beyond the arc and James followed with two from the line for a 16-point edge with 5 1/2 minutes left.

The Wizards never got closer than 15 points the rest of the way.

Washington kept it close through much of the first quarter and the game was tied at 19-all after Jordan Crawford nailed a jumper, but Battier and Dexter Pittman closed the quarter with buckets to give Miami a 23-19 lead heading into the second.

Miami built its lead as high as 12 in the second quarter and eventually took a 52-42 lead into the break.

An 11-0 run in the middle portion of the third quarter helped the Wizards make it a one-point game after Trevor Booker put in a basket, but the Heat would rally and take a seven-point lead into the fourth.

Game Notes

Miami shots 49.4 percent from the floor and grabbed 46 rebounds, while Washington hit just 38.2 percent of its baskets and brought down 43 rebounds...Battier finished the game with 15 points...Booker had 13 points and 15 boards, while John Wall scored 15 with 10 helpers for the Wizards.


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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.