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Unpredictable tournament sets up USA-Cuba in quartersBaseball Betting Lines07/30/2010 - Thunder Bay, Canada (Sportsbook Betting Lines) - After six exciting days and 30 hard- fought games of round-robin competition, the 2010 International Baseball Federation World Junior Baseball Championship is set to begin the medal round. Anything but predictable, the round-robin portion of the tournament had a touch of everything, from pitching gems to nail-biting, walk-off wins. Fans in Thunder Bay have been treated all week to a world class display of the best young talent the game has to offer. Even before the first pitch was thrown, the drama had begun. Less than 24 hours before the start of the championship, the IBAF announced that Team Venezuela had dropped out of the tournament amid speculation of visa troubles, only to be reinstated the following day, enabling them to play in their second scheduled game. While Venezuela stumbled to a 1-4 record in round-robin play, their eventual participation in the tournament can be viewed as a minor victory. Perhaps the most shocking storyline to emerge out of the preliminary round was powerhouse Cuba's 3-2 record and fourth-place finish in Pool B. Cuba enjoyed a blazing-hot start to the tournament capturing wins in each of their first three contests while outscoring their opponents 29-1, but following a 6-5 loss to the defending champions from South Korea in their fourth game, Team Cuba was beaten in extra innings by tournament underdogs the Netherlands. As a result, a potential gold-medal-game scenario will now take place in just the quarterfinals, as Cuba will take on undefeated Team USA. "You never know what is going to happen in a tournament," said Team USA assistant manager Tom Succow. "I think all different types of things occur when you have a round-robin with as many games as we've played in the past week. The fact that we have drawn Cuba and Cuba has drawn us, it's not shocking," Equally unpredictable was Wednesday night's surprise thriller between Team Canada and the Czech Republic. The Czech Republic came into the game winless and hungry to upset the host nation in front of a patriotic sold out Port Arthur Stadium, and almost delivered another shocking tournament upset. After being up 6-2 through seven innings, Canada chipped away until Dalton Pompey hit a walk-off, opposite-field blast into the corner in the bottom of the ninth that gave Canada a quarterfinal berth versus Italy. Had Canada lost to the Czechs they would have had a much more daunting task in the round of eight, facing a talented Chinese Taipei team whose only loss came to gold-medal favorites Team USA. Canada's path to the gold medal game could not have been scripted any better for the host nation. Should Canada beat Italy on Friday, they would face the winner of Team Netherlands and Chinese Taipei in the first semi-final matchup Saturday afternoon. Arguably the three toughest matchups in the entire tournament for Canada have fallen to the opposite side of the medal round bracket. In the process, Cuba, USA and South Korea are likely to beat up on each other vying for the remaining spot in the gold medal final. This all bodes well for a Canadian team looking to build off the momentum of a walk-off win but if we've learned anything from this past week, it's that nothing is certain. With the tournament shifting to single-game knock out, there's an even smaller margin for error, and an upset at this stage of the game doesn't permit for second chances. Even though the round-robin hasn't shaken down exactly as experts had projected, contending teams are echoing the pragmatic words of Succow. "You've got to play the best teams to win the gold medal...our mind set is to win the gold medal."
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Sportsbooks to bet on footballRecently 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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