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03/07/2010 - Louisville, KY (Sportsbook Betting Lines) - The mutuel field and Fountain of Youth champ Eskendereya came up as the top two selections at the close of betting of the second Kentucky Derby Future Wager of 2010. The third and final Future Wager takes place in three weeks.
Of the 24 available betting interests in the pool, the mutuel field closed as the 3-1 favorite after opening as the 7-2 morning-line favorite. When wagering ended on the first Future Wager last month, the mutuel field was the 3-2 favorite.
The top horse listed was Eskendereya, who was bet down to 5-1. He, along with Lookin at Lucky, were each 6-1 when wagering began Friday. Lookin at Lucky finished as the 9-1 third selection.
The 136th Kentucky Derby will be conducted on Saturday, May 1 at Churchill Downs.
Here is the complete list of the 24 betting interests for the second Kentucky Derby Future Wager.
Number Wagering Interest Morning line odds Final odds:
1. Aikenite 50-1 57-1
2. American Lion 30-1 38-1
3. Buddy's Saint 12-1 16-1
4. Caracortado 12-1 19-1
5. Connemara 20-1 46-1
6. Conveyance 12-1 28-1
7. D' Funnybone 20-1 38-1
8. Dave in Dixie 30-1 22-1
9. Discreetly Mine 30-1 37-1
10. Dublin 15-1 10-1
11. Eskendereya 6-1 5-1
12. Jackson Bend 20-1 47-1
13. Lookin At Lucky 6-1 9-1
14. Nextdoorneighbor 30-1 99-1
15. Noble's Promise 30-1 26-1
16. Odysseus 50-1 25-1
17. Radiohead 20-1 19-1
18. Rule 20-1 20-1
19. Setsuko 50-1 65-1
20. Sidney's Candy 20-1 33-1
21. Super Saver 20-1 24-1
22. Tempted to Tapit 50-1 63-1
23. Vale of York 30-1 42-1
24. All Other 3YOs (field) 7-2 3-1
<< Pavlyuchenkova downs Hantuchova to win at Monterrey
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Pavlyuchenkova won her second match of the day on Sunday to capture the title
at the $220,000 Monterrey Open.
Pavlyuchenkova rallied from a first-set loss t
<< Couples gets second Champions Tour win
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Champions Tour win Sunday at the Toshiba Classic, just three weeks after
breaking through for his first.
Three starts, two wins. It's been an explosive debut on the over-5
<< Lavender leads Ohio State to Big Ten title
Indianapolis, IN (Sportsbook Betting Lines) - Jantel Lavender posted 35 points and 10
rebounds, leading 10th-ranked Ohio State to the Big Ten Tournament title with
a 66-64 win over Iowa.
Lavender went 14-of-25 from the field and was named the
<< Browns add LB Fujita, OL Pashos
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Browns added a pair of free
agents in linebacker Scott Fujita and offensive lineman Tony Pashos on Sunday,
signing both to multi-year contracts.
Fujita played last year for the Super Bow
West Virginia advances to Big East semis with win over DePaul >>
Hartford, CT (Sportsbook Betting Lines) - Liz Repella had 16 points to help seventh-
ranked West Virginia to a 47-41 win over DePaul in the Big East quarterfinals.
Sarah Miles had nine points and five assists while Asya Bussie added nine
poin
Leighton strong in Flyers' win over Leafs >>
Philadelphia, PA (Sportsbook Betting Lines) - Michael Leighton made 27 saves to help the
Philadelphia Flyers take a 3-1 win over the Toronto Maple Leafs at Wachovia
Center.
Danny Briere, Simon Gagne and Jeff Carter each had a goal for the Flyers,
Kaleta scores in OT to help Sabres snap road skid >>
New York, NY (Sportsbook Betting Lines) - Patrick Kaleta scored the game-winner 2:22
into overtime, as the Buffalo Sabres edged the New York Rangers, 2-1, at
Madison Square Garden.
With the overtime period halfway over, Kaleta charged down
Canadiens-Ducks Sum >>
Montreal 0 1 2 0-4Anaheim 3 0 0 0-3Montreal won shootout 2-1First Period-1, Anaheim, Perry 23 (Getzlaf, Ward), 8:54. 2, Anaheim, Visnovsky 11, 12:54 (pp). 3, Anaheim, Niedermayer 8 (Getzlaf, Wisniewski), 19:07.Second Period-4, Montreal, Pleka
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.
MySportsbook.com offers Blackjack contest and $10,000.00 in Free Prize money!
Every month MySportsbook.com's casino host, Jack Black, gives
away $10,000.00 in free casino prize money. To Enter
- All you have to do is play at least 10
hands (total) of Blackjack on one of the
specified dates of the blackjack contest. The online casino host
randomly hands out free bonuses ranging
from $50 - $500, and one lucky player who
will receive a free $2,500.00 bonus.
"We have been running this monthly free blackjack contest to our active mebers for 5 years now, and the players just love it," says Jack Black, online casino host at MySportsbook.com. "And why wouldn't they love a free chance to win some extra online blackjack cash."
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs.
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