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Oakville, ON (Sportsbook Betting Lines) - The Canadian Tour announced eight dates for the 2012 season on Tuesday. The Canadian part of the schedule will kick off with the 30th playing of the Times Colonist Island Savings Open. That will be followed by the ATB Financial Classic and the Syncrude Boreal Open.
"Traditionally we have released the full schedule in December, which has not given all of our events time to finalize their plans for the coming year. This year we have decided to delay the full release of the schedule until it is fully confirmed," stated Rick Janes, Canadian Tour Commissioner and CEO.
Abu Dhabi, United Arab Emirates (Sportsbook Betting Lines) - Rory McIlroy and Robert Karlsson both fired rounds of five-under 67 on Thursday to share the opening- round lead of the Abu Dhabi Championship. Tiger Woods made his 2012 debut and played decently enough with a two-under 70. Woods, who ended his 2011 campaign with an unofficial win at the Chevron World Challenge, his first anywhere in two years, hit the ball well on Thursday, but the flat stick let him down.
"I just had a hard time getting a feel for these greens. It was difficult and my speed was off," said Woods, who is tied for ninth place.
Woods, despite a fall in the world rankings to 25th, still made headlines with his season debut, but he was not the only big star to open his season in the Gulf.
Perhaps the biggest surprise of Thursday's first round was the poor performance of the fourth-ranked player in the world.
Martin Kaymer, the two-time defending champion and three-time winner, struggled badly on Thursday. He went out in 39, came back in 38 and signed for a five-over 77.
"I feel it suits me really well. Just one problem -- it suits Martin Kaymer even better," said McIlroy.
The reigning U.S. Open champion started on the 10th tee Thursday and went on a great run almost immediately after teeing off. McIlroy ran home a nine-footer for birdie at 11, a 12-footer for birdie at 12 and capped off his run with a three-foot birdie putt at the 13th.
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Points Helps Magic Into Moore >>
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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