Post positions drawn for 24th Breeders' Cup

Horseracing Betting Lines

10/23/2007 - Oceanport, NJ (Sportsbook Betting Lines) - Post positions and the morning-line odds have been set for the 24th running of the Breeders' Cup World Championships, which will be held this Friday and Saturday at Monmouth Park for the first time.

The featured race is the $5 million Breeders' Cup Classic at 1 1/4 miles. The event has drawn an excellent field of nine thoroughbreds, including Kentucky Derby winner Street Sense and Preakness champ Curlin.

The favorite for the Classic is four-year-old colt Lawyer Ron, who has established himself as the top older horse in North America. The winner of the Whitney and Woodward Handicaps is 5-2 in the program with John Velazquez riding. The pair will start from the inside post with Street Sense and jockey Calvin Borel next to him in post two.

Street Sense and Curlin are both 3-1 in the morning-line, with Curlin breaking from post four with Robby Albarado in the saddle. There are a total of five three-year-olds in the Classic field.

"I think it's one the best fields that's been put together," said Street Sense trainer Carl Nafzger. "You just can't get a better field put together. You got speed, you got closers. They've been beat, but they've been beat by each other. I think it's going to be a great Classic and I'm just glad to be part of it."

Haskell champ Any Given Saturday, 4-1 in the program, will start from post three with Garrett Gomez riding. Kentucky Derby runner-up Hard Spun has drawn post eight with Mario Pino and is 8-1. Santa Anita Derby winner Tiago is 12-1 with Mike Smith in the saddle. Tiago, coming off a victory in the Goodwood Stakes, will start from the far outside post.

"He's gotten bigger and stronger and he's more focused now, more into his races," Tiago's trainer John Shirreffs noted. "It's a terrific field for the Classic and we're glad to be part of it. It's a real treat for me to be here and stabled with Carl (Nafzger). I have the greatest respect for him. The old bull rider and the ex-Marine, we make a fine pair."

Completing the field for the Breeders' Cup Classic is George Washington, Awesome Gem and Diamond Stripes.

With the addition of three new races, that will be conducted on Friday, there are now 11 Breeders' Cup World Championships races.

The first three Breeders' Cup races will be televised on Friday by ESPN2 from 4:00-6:00 p.m. (et). On Saturday ESPN will broadcast from 12:00-7:00 p.m. (et) with the remaining eight races. Trevor Denman will again call the races.

Friday's weather forecast calls for mostly cloudy skies, winds from the east at 10 m.p.h. with a high near 65. A few showers are expected on Saturday with a high near 70 and winds from the south at 5-10 m.p.h.

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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.