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07/13/2010 - Lincolnshire, IL (Sportsbook Betting Lines) - Newman/Haas Racing announced Tuesday that Graham Rahal will rejoin the team and pilot the No. 02 Dallara/Honda/Firestone entry for six of the remaining series races.
Five of those races will see Rahal sponsored by Quick Trim, which joined him at this year's Indianapolis 500 when he ran with his father's Rahal Letterman Racing team.
"It's nice to be back with Newman/Haas Racing, a group that I have been with for so long and have a lot of fond memories with, and it's also great to be reunited with Quick Trim who made this possible," said Rahal.
Rahal, 21, joined NHR in 2007 at the age of 18, becoming the youngest driver to join the team and first true rookie. In 2008, he became the youngest race winner in series history in his IndyCar Series debut in St. Petersburg and went on to become the youngest pole sitter in series history the following year in St. Petersburg in his third season with the team.
Sponsorship issues left Rahal without a ride this season, forcing him to bounce around as a fill-in driver. His first race with NHR this year will be this weekend in Toronto, where he will join with Hideki Mutoh, who drives the No. 06 Formula Dream/Panasonic entry.
"We are delighted to have Graham back with the team," said Carl Haas, co- founder of Newman/Haas Racing with Paul Newman. "He has been an important part of our team over the past few years and we are proud of the history-making results we have accomplished together. We are also looking forward to returning to a two-car team and all of the benefits it provides."
Rahal's best finish this season is ninth, which he has accomplished in St. Petersburg and Iowa.
Rahal is the son of 1986 Indianapolis 500 winner Bobby Rahal.
<< Southern Nevada's Bryce Harper wins Golden Spikes Award
Anaheim, CA (Sportsbook Betting Lines) - Southern Nevada slugger Bryce Harper, the top
overall pick in the 2010 Major League Baseball First-Year Player Draft, has
won the USA Baseball Golden Spikes Award, presented to the top amateur
basebal
<< Current Yankees remember Steinbrenner
Anaheim, CA (Sportsbook Betting Lines) - Yankees manager Joe Girardi spoke about a time
in spring training when he and his wife were walking their dog, a white
bichon, on the manicured grass when he encountered owner George Steinbrenner.
He ex
<< Pittsburgh gets 2013 Frozen Four, Philly in 2014
Indianapolis, IN (Sportsbook Betting Lines) - Pittsburgh will host the 2013 men's ice
hockey Frozen Four, and the 2014 event will be held in Philadelphia.
The Consol Energy Center will be the site of the 2013 Frozen Four, and the
following year
<< Hornets, Bower part ways
New Orleans, LA (Sportsbook Betting Lines) - The New Orleans Hornets announced Tuesday
that the club and general manager Jeff Bower have mutually agreed to part
ways, effective immediately.
"We feel it is in the best interest for us and Je
Oilers give Dubnyk two-year contract >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers have come to terms with
goaltender Devan Dubnyk on a two-year contract. The team also agreed with
defenseman Shawn Belle on a one-year deal.
The 24-year-old Dubnyk appeared in 19
All-Star Game MVPs >>
2010 - Brian McCann, Atlanta, NL2009 - Carl Crawford, Tampa Bay, AL2008 - J.D. Drew, Boston, AL2007 - Ichiro Suzuki, Seattle, AL2006 - Michael Young, Texas, AL2005 - Miguel Tejada, Baltimore, AL2004 - Alfonso Soriano, Texas, AL2003 - Garret Anderson
Twilight shadows hold down All-Star scoring >>
ANAHEIM, Calif. (AP) -Until the sun finally went down on Angel Stadium, the 81st All-Star game was just another boring chapter of the twilight saga.Sunlight slivers and shadows across the field made the first few innings of the midsummer classic pre
McCann makes up for near-miss, wins All-Star MVP >>
ANAHEIM, Calif. (AP) -Brian McCann came to the plate and the Angel Stadium scoreboard posted a curious piece of info: This was his fifth straight All-Star appearance.Five in a row? Really? Who knew?McCann atoned for his silent showings in the summer
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.
Sportsbook betting odds favor Europe in Ryder Cup
September 19, – Despite holding a decided edge in the all-time series, with 24 wins, 2 ties and 10 losses, Team USA is the underdog again heading into the Ryder Cup in Kidare, Ireland this weekend, according to MySportsbook.com. The Europeans have captured four of the past five editions, including their largest victory ever, an 18 ½ to 9 ½ thumping in Michigan in 2004. Current Ryder Cup betting odds favor the Europeans to continue their winning ways; they are a 4-5 bet to take the title, compared to 6-5 for the Americans.
Despite being knocked out in the first round of World Match play by Shaun Micheel, Tiger Woods is predicted to lead the US charge and be their highest point scorer for the week, with odds listed at 9-4 that he outpoints all other American players, including Jim Furyk, Phil Mickelson and Chris DiMarco to name a few. Team USA has four relatively unknown players on the roster but all four are 2007 tournament winners and have posted some of season’s best performances, each earning over $1.5 million on the PGA TOUR. They include Zach Johnson, Vaughan Taylor, JJ Henry and Brett Wetterich.
The experienced European squad includes the likes of Luke Donald, Sergio Garcia, Padraig Harrington, Jose Maria Olazabal and Darren Clarke, who’s emotions will be tested after the passing of his wife to a battle with cancer. Donald and Garcia are in particularly good form and each is a 5-1 bet to lead the European squad in the points race. Donald has proven he can go head to head with Woods at a major event after a run for the $1.2 million purse at the PGA Championship. Garcia’s Ryder Cup credentials prove he’s ready for battle too.
To visit this online sportsbook got to MySportsbook.com for all your golf sportsbook needs.
Ryder Cup Odds| Europe Tie USA |
4-5 10-1 6-5 |
| Tiger Woods Jim Furyk Phil Mickelson Chris DiMarco David Toms Stewart Cink Chad Campbell Scott Verplank Zach Johnson Vaughan Taylor JJ Henry Brett Wetterich |
9-4 4-1 5-1 7-1 8-1 12-1 15-1 15-1 25-1 30-1 30-1 50-1 |
| Sergio Garcia Luke Donald Padraig Harrington Colin Montgomerie Darren Clarke David Howell Lee Westwood Paul Casey Henrik Stenson Jose Maria Olazabal Paul McGinley Robert Karlsson |
5-1 5-1 6-1 13-2 8-1 9-1 9-1 11-1 12-1 12-1 20-1 25-1 |
To visit this online sportsbook got to MySportsbook.com
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