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07/28/2010 - Paisley, Scotland (Sportsbook Betting Lines) - St Mirren have signed striker Paul McGowan on a season-long loan deal from SPL side Celtic.
The 22-year-old has made just a handful of starts for the Bhoys to date and has previously been loaned out to Morton and Hamilton Academical.
McGowan told his new club's official website: "I need to start playing games, so I'm looking forward to being with St Mirren. It is a new challenge for me, but when Danny Lennon phoned me he was really positive and everything about coming here sounded really good."
Also joining the Buddies is former Kilmarnock midfielder Sean Lynch, who has signed a one-year contract after impressing during preseason training.
The 23-year-old was released by Killie at the end of last season, having been hampered by injuries in recent times.
(Courtesy of sportbox.tv)
<< Ruggeri helps save Argentina
Philadelphia, PA (Sportsbook Betting Lines) - If Argentina lifts the World Cup four
years from now in Brazil, Oscar Ruggeri will be able to take some of the
credit.
No, Ruggeri is not a fleet-footed winger capable of scoring bags of goals, or
even
<< CAA Football teams find it hard to catch breath
Baltimore, MD (Sportsbook Betting Lines) - Quarterback Pat Devlin doesn't care if an
opponent on Delaware's CAA Football schedule is from the north or the south. He
says they could even come from the east or west, if that were possible.
No matter the
<< Devils avoid arbitration with Fraser
Newark, NJ (Sportsbook Betting Lines) - The New Jersey Devils have avoided arbitration
with defenseman Mark Fraser and signed him to a one-year contract.
Financial terms were not disclosed.
Fraser had three goals and three assists in 61 games
<< Seahawks agree to terms with Tate
Renton, WA (Sportsbook Betting Lines) - The Seattle Seahawks and second-round draft pick
Golden Tate have agreed to terms on a contract.
Tate confirmed the news via Twitter, posting: "Praise God!!! Terms and
conditions have been reached for th
Royals demote Marte, call up Bullington >>
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Royals optioned reliever
Victor Marte to and recalled pitcher Bryan Bullington from Triple-A Omaha
Wednesday.
This will be Bullington's second stint with the big league club this s
Talbot adds heat to Winter Classic >>
Philadelphia, PA (Sportsbook Betting Lines) - Thank goodness the NHL still has a few
guys like Max Talbot.
Today's athletes are generally so concerned with image that they are constantly
guarding themselves against saying something controversial. If y
Campbell joins Newcastle on one-year deal >>
Newcastle, England (Sportsbook Betting Lines) - Veteran defender Sol Campbell signed a
one-year contract with Newcastle on Wednesday, the club confirmed.
The 35-year-old Campbell made 14 appearances for Arsenal last season, but
couldn't agree t
Surrey's Ellis chasing major league dream >>
Thunder Bay, Canada (Sportsbook Betting Lines) - Mike Ellis is like any other player on
Canada's junior national baseball team - following his passion by playing the
sport he loves.
What's different about him and the rest of Team Canada's 18-and-under
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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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