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07/23/2010 - Sacramento, CA (Sportsbook Betting Lines) - Sacramento Kings guard Tyreke Evans, the reigning rookie of the Year, pled no contest to reckless driving.
Sacramento district attorney Jan Scully made the announcement Friday, saying Evans was ordered to serve three years probation, 80 hours of alternative sentencing and will have to participate in two California Highway Patrol driving programs. Evans' license was suspended for 30 days.
The plea stems from a May 31 traffic stop when Evans was driving up to 130 m.p.h. while crossing lanes on I-80. A motorcycle officer pulled over Evans after he passed a number of vehicles.
"This kind of reckless driving puts the safety of citizens who travel our roads and highways at enormous risk," deputy district attorney Suzanne Salazar stated. "By sentencing the defendant to participate in CHP's driving program for young drivers, he will be required to educate others that this type of driving is dangerous and unacceptable."
Selected with the fourth overall pick out of Memphis as a freshman, the 20- year-old Evans averaged 20.1 points, 5.8 assists and 5.3 rebounds in starting each of the 72 games in which he appeared.
<< Mariners' Bedard to get third opinion
Seattle, WA (Sportsbook Betting Lines) - Seattle Mariners pitcher Erik Bedard will get
another opinion on his sore pitching shoulder.
The left-hander underwent surgery to repair a torn labrum last August, but has
not recovered as expected. Accordi
<< Selig weighs in on A's stadium issue
San Jose, CA (Sportsbook Betting Lines) - Baseball commissioner Bud Selig released a
statement Friday saying he was disappointed that San Jose mayor Chuck Reed
would ask the city council to put a ballpark measure on the ballot for
Novembe
<< Lakers' Bryant has knee surgery
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Lakers announced Kobe
Bryant recently underwent arthroscopic surgery on his right knee.
The team released a statement saying the two-time defending Finals MVP had the
procedure done l
<< Putnam one clear in Columbus
Columbus, OH (Sportsbook Betting Lines) - Michael Putnam carded a two-under 69 in windy
conditions Friday to grab a one-stroke lead after two rounds of the Nationwide
Children's Hospital Invitational.
Putnam, who is in search of his first Nationw
N.C. State football legend Byrd dies >>
Raleigh, NC (Sportsbook Betting Lines) - North Carolina State football legend Dennis
Byrd, who was recently selected to be inducted into the College Football Hall
of Fame in December, has died at the age of 63.
Byrd suffered a heart attack las
Guthrie ends long winless stretch as O's edge Twins >>
Baltimore, MD (Sportsbook Betting Lines) - Jeremy Guthrie picked up his first victory in
nearly two months thanks to a two-run homer by Luke Scott in the sixth inning,
as Baltimore edged Minnesota, 3-2, in the second test of a four-game set.
Guthrie
Halladay, Phillies shut out Rockies >>
Philadelphia, PA (Sportsbook Betting Lines) - Roy Halladay turned in eight scoreless
innings and Raul Ibanez drove in three runs as Philadelphia awoke from its
batting funk and downed Colorado, 6-0, in the opener of a four-game set from
Citizen
Padres use early burst of offense to down Bucs >>
Pittsburgh, PA (Sportsbook Betting Lines) - Adrian Gonzalez capped a four-run second
inning with a sacrifice fly, and San Diego continued to thrive in the Steel
City, posting a 5-3 victory over the Pirates in the opener of a three-game
series
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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