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02/17/2012 - Regina, SK (Sportsbook Betting Lines) - The Saskatchewan Roughriders announced Friday that veteran offensive lineman Gene Makowsky has retired.
The 38-year-old finished his 17-year career as the franchise's all-time leader in games played.
"It's never an easy decision to make and it was extremely difficult for me," stated Makowsky. "However I felt that this is the best decision to make for my family, my career and my team."
A Saskatchewan native, Makowsky participated 284 regular-season games, passing Roger Aldag early last year for the record, and also toiled in 16 playoff games and four Grey Cups, earning a championship ring in 2007.
The former second-round pick in 1995 accumulated multiple honors over the course of his career: CFL offensive lineman of the year in both 2004-05, a five-time league All-Star selection and a West Division All-Star team for seven consecutive years.
"Geno will go down as one of the greatest players in CFL history," said Riders assistant general manager Jeremy O'Day. "His toughness, work ethic, dedication and character were unmatched. It was an honor to have played with Geno and he made me a better player, a better person and I will be forever grateful for the time we spent as teammates."
<< Bengals hire Hue Jackson as assistant
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Bengals hired former Oakland
Raiders head coach Hue Jackson as an assistant coach Friday.
Jackson was fired by the Raiders in January following just one season as the
team's head coach, fin
<< Jackets' Lebda returns from IR; Sanford goes on
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets activated
defenseman Brett Lebda from injured reserve on Friday and placed goaltender
Curtis Sanford on it.
Lebda missed five games with a hand injury suffered at Anahe
<< Gallovits-Hall reaches Bogota semis
Bogota, Colombia (Sportsbook Betting Lines) - Edina Gallovits-Hall was among
Friday's quarterfinal winners at the $220,000 Copa BBVA Colsanitas tennis
tournament.
The Romanian Gallovits-Hall snuck past 2010 Bogota champion and Colombian
crowd f
<< Flyers' Sestito out with groin injury
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers announced Friday
that enforcer Tom Sestito will have surgery to repair a torn groin muscle next
week.
The 24-year-old winger will miss 6-to-8 weeks.
Sestito left Thursday's gam
Mourinho, Real focused on three points vs. Racing >>
Madrid, Spain (Sportsbook Betting Lines) - Real Madrid is going for its eighth straight
league win on Saturday as it welcomes Racing to the Bernabeu, but manager Jose
Mourinho just sees the match as an opportunity to pick up three points.
Los Blanco
Federer, Berdych, del Potro reach Rotterdam SFs >>
Rotterdam, Netherlands (Sportsbook Betting Lines) - Swiss great Roger Federer,
former Wimbledon runner-up Tomas Berdych and former U.S. Open champion Juan
Martin del Potro were a trio of quarterfinal winners Friday at the $1.6
million
Di Vaio's brace buries Inter >>
Milan, Italy (Sportsbook Betting Lines) - Marco Di Vaio's first-half brace heaped more
pressure on Inter Milan as Bologna handed the Nerazzurri a 3-0 defeat at the
San Siro on Friday.
Inter boss Claudio Ranieri will be feeling the heat after his
NASCAR confiscates parts from Johnson's Daytona 500 car >>
Daytona Beach, FL (Sportsbook Betting Lines) - Jimmie Johnson's Daytona 500 car failed
opening day inspection on Friday at Daytona International Speedway after
NASCAR officials discovered a template (body) violation on his car.
Officials found
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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