Wild weekend at Watkins Glen

Autoracing Betting Lines

08/13/2007 - Philadelphia, PA (Sportsbook Betting Lines) - Which one of the following things happened this weekend?

1) Robby Gordon made more friends than enemies.

2) Bill Elliott showed another reason they call him "Awesome Bill from Dawsonville" when he gave up his ride so Boris Said would get a chance to race.

3) NASCAR's winningest active driver on a road course, Jeff Gordon, simply drove off the track while leading with two laps to go.

4) Tony Stewart continued his annual summer display of driving prowess, winning his third race in four events.

5) Two of NASCAR's biggest names, Kevin Harvick and Juan Pablo Montoya, got into a yelling and shoving match during the race.

The answer, as any avid Nextel Cup fan will tell you, is all of the above.

The Centurion Boats at the Glen was one of the most compelling races of the year. The drama began even before the green flag dropped.

After driver Robby Gordon self-destructed in a Busch Series race at Montreal a week ago, he was in the doghouse of many fans and NASCAR. Though he may have been wronged by NASCAR in a caution-flag ruling, his punting of race leader Marcos Ambrose during the race's final laps was not appreciated.

But owner Robby Gordon showed some intestinal fortitude when he offered Ambrose his first chance in a Nextel Cup car as "repayment" for his actions. Unfortunately, rain ended Ambrose's chance to qualify, but both owner and driver have said that they will try again sometime later this year.

When Nextel Cup qualifying was rained out of Friday, a number of other drivers were left out in the cold too. One of them, Boris Said, is a favorite up and down the garage and in the stands. His car didn't have enough owner points to qualify, and the only way he would be able to see the race was from the stands.

Then Bill Elliott stepped forward and offered his car to Said, who thought the racing legend was joking at first. But Elliott was serious, and after working out the details, Said would start from the back of the field. The "road course specialist" who taught many Nextel Cup drivers how to drive at Infineon and Watkins Glen finished a solid 14th. Better still, the "Saidheads" in the stands got a chance to see their favorite drive on the track.

The race itself was as exciting a road-course race as NASCAR has ever produced. Tony Stewart and Jeff Gordon were the class of the field, leading 71 of 90 laps. In the opening portion of the race, Gordon led Stewart, but on lap 14 Stewart took command. He was still in control on lap 45 when he inexplicably went too deep into turn one and spun the No.20 Home Depot Chevrolet.

Gordon jumped on the slip-up, as Stewart fell all the way to 19th before he could restart his car and get going. From there, Stewart drove with all the considerable talent that the Rushville, IN native owns and with two laps to go was back in second place pressuring Gordon.

Gordon had won nine times on road courses, and the usually unflappable driver seemed headed for No. 10. But in the same corner that Stewart had spun out earlier, Gordon showed that he was human after all. Like Stewart, he took it too deep into the corner, the car jumped on him and he found himself watching helplessly as Stewart flew by him and on to the victory.

And of course, what would a NASCAR event be without an argument between drivers? This one was between two pretty good ones - 2007 Daytona 500 winner Kevin Harvick and Juan Pablo Montoya.

It started when Montoya was hit from behind heading into the same treacherous turn one that Jeff Gordon and Stewart had so much trouble with. This time Montoya was sent careening into Harvick who could see his championship aspirations going up in tire smoke.

The two were stopped in the "grass" and both drivers were clearly angry. Harvick at Montoya, because that's who he saw hit him and Montoya at Martin Truex Jr., the driver who had push him into Harvick. Montoya tried explaining the situation, but Harvick wouldn't hear it. The two began shoving each other and had to be broken up before it got too bloody.

All-in-all, the race showed was what makes NASCAR so popular - great driving and great emotion.

Bravo!

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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.