10/08/2008 - Louisville, KY (Sportsbook Betting Lines) - Officials of Churchill Downs and Breeders' Cup Ltd. announced Wednesday morning that the home of the Kentucky Derby will host the World Thoroughbred Championships in 2010. This will be the seventh time Churchill Downs will be the site of the Breeders' Cup.
"We are delighted to be returning the Breeders' Cup to Churchill Downs and to our great supporters in Kentucky and throughout the region," said Breeders' Cup Chairman William S. Farish, Jr. "Churchill Downs has proven to be an outstanding Breeders' Cup venue and is extremely popular with our horsemen and fans from around the world. Churchill will also provide an extraordinary site for our expanded two-day program of the Championships."
The two-day event will be held at Churchill Downs on Friday, November 5 and Saturday, November 6 of 2010. This year's World Thoroughbred Championships, at Santa Anita, has a total of 14 races. All five events for female horses will be on Friday, October 24 with the remaining nine races conducted the following day.
The historic racetrack last played host in 2006 when Invasor won the Breeders' Cup Classic to secure Horse of the Year honors. This year's Breeders' Cup races will be the first of two straight at Santa Anita Park.
Churchill Downs first held the Breeders' Cup in 1988 and then played host in 1991, 1994, 1998, 2000 and 2006. In 2000 Tiznow won the first of his two consecutive Classic victories, the only horse to do so.
Among those in attendance from the Breeders' Cup were President and Chief Executive Officer Greg Avioli. Churchill Downs officials who participated were Churchill Downs Incorporated (CDI) President and CEO Robert Evans along with Steve Sexton, CDI executive vice president and president of Churchill Downs racetrack.
"We appreciate the efforts and enthusiasm displayed by Bob Evans and his management team in our agreement to bring the Breeders' Cup back to Churchill Downs," Farish noted, "and continue an ongoing partnership that has been of great benefit to the Breeders' Cup, Churchill Downs and the racing and breeding industry."
<< Utes and Pokes lock horns in Laramie
Laramie, WY (Sportsbook Betting Lines) - In an effort to keep pace with ninth-ranked
BYU, the 14th-ranked Utah Utes hit the field at War Memorial Stadium in
Laramie this weekend against the Wyoming Cowboys.
The Utes, who are already bowl eligible, act
<< BYU seeks 16th straight win
Provo, UT (Sportsbook Betting Lines) - A former defensive coordinator with New Mexico,
BYU head coach Bronco Mendenhall now leads his new charges against the Lobos
as the ninth-ranked Cougars entertain UNM in a Mountain West Conference clash
this weekend
<< Commodores hope dream season continues in clash with Bulldogs
Starkville, MS (Sportsbook Betting Lines) - The Vanderbilt Commodores are listed 13th in
this week's AP poll, marking their highest ranking since 1956, and they will
attempt to remain undefeated as they take on SEC foe Mississippi State in
Starkville.
<< Vols and 'Dawgs meet Between the Hedges
Athens, GA (Sportsbook Betting Lines) - The Tennessee Volunteers travel to Athens to
take on the Georgia Bulldogs in what figures to be a hard-fought SEC contest.
At 2-3, Tennessee is desperate for a victory. Sure, the club managed to squeak
by Northe
Red Sox tab Matsuzaka for Game 1 >>
Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox have set their rotation for
their upcoming American League Championship Series against the Tampa Bay Rays,
handing the Game 1 start to Daisuke Matsuzaka.
Matsuzaka went 18-3 with a 2.90 e
Cardinals organization member George Kissell passes away >>
St. Louis, MO (Sportsbook Betting Lines) - George Kissell, who had been a member of
the St. Louis Cardinals organization since 1940, passed away late Tuesday
night due to injuries he sustained in a car accident. He was 88.
"The entire St.
Real opens Rio Tinto Stadium against New York >>
Sandy, UT (Sportsbook Betting Lines) - Real Salt Lake opens Rio Tinto Stadium on Thursday
against Red Bull New York, but coach Jason Kreis knows the team needs to stay
focused or a new era could get off to a horrible start.
RSL wrapped up its stay a
Jags WR Jones has drug case transferred >>
Fayetteville, AR (Sportsbook Betting Lines) - Jacksonville Jaguars wide receiver Matt
Jones had his case for felony possession of cocaine transferred from circuit
court to drug court and could eventually have the charges dropped.
Jones was arres
MySportsbook features easy-to-use online betting software that’s the most reliable in the industry. If you’re looking to bet underdogs, then this Sportsbook is the place - we have the best betting lines in the business. MySportsbook is your one-stop shop for all your betting needs - sports betting, poker, casino, and horse betting . MySportsbook offers every bet type with lightning fast settlement of wagers. Take advantage of free statistical analysis - including against-the-spread and straight-up trends - in MySportsbook’s game previews section. With MySportsbook there are unlimited free deposits and payouts - and no transaction fees!
To visit this online sportsbook got to MySportsbook.com for all your football sportsbook needs.
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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
Sports Betting News: NFL Team History | Football Betting | Baseball Betting | Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting