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07/16/2010 - Winnipeg, MB (Sportsbook Betting Lines) - Vince Covello posted his second consecutive five-under 66 on Friday and moved in front after two rounds of The Players Cup.
Covello finished 36 holes at 10-under 132 and is three strokes ahead at Pine Ridge Golf Club.
First-round leader Aaron Goldberg carded a one-under 70 in round two and fell to second at minus-seven.
Brady Stockton (70) and Jose de Jesus Rodriguez (66) are knotted in third place at six-under 136.
Covello began on the 10th tee Friday and broke into red figures right away with a birdie at 10. He added another birdie at the par-five 12th, but that was the last positive for some time.
Covello, 27, parred his next six holes, but bogeyed back-to-back holes at one and two. He atoned for the miscues with four consecutive birdies from the third, starting with a 20-footer at No. 3, to reach nine-under par.
"That (birdie on three) really got me going," acknowledged Covello. "You just have to keep going, you never know what's going to happen. It's a great track and there are birdie chances out there. You just have to take advantage of them."
He got to 10-under par at the par-five eighth. Covello, who finished third earlier this year, birdied the hole and will take a three-shot lead into the weekend in search of his first win on the Canadian Tour.
"My game has been pretty good, but I've just had a tough time putting it all together," he said. "You need to keep a good attitude when you're trying to get out of a funk, which I've done. I'm just trying to limit my mistakes."
Brock Mackenzie (71), Danny Sahl (68), Alan McLean (68), Richard Lee (66) and Johnny Bloomfield (71) are knotted in fifth place at five-under 137.
NOTES: Mackenzie tops the tour's money list...2009 champion Graham DeLaet is playing on the PGA Tour this season...The 36-hole cut fell at two-over 144 and Andy Matthews, who won this year's Mexican PGA Championship, made it on the number.
<< NFL suspends Seahawks LB Hill one game
Seattle, WA (Sportsbook Betting Lines) - The NFL has suspended Seattle Seahawks
linebacker Leroy Hill one game for violating the league's substance abuse
policy.
Hill was also fined an additional game check. The Seattle Times reported
<< Manny Ramirez replaced in first inning
St. Louis, MO (Sportsbook Betting Lines) - Los Angeles Dodgers slugger Manny Ramirez
left Friday's game against the St. Louis Cardinals due to right calf
tightness. He's considered day-to-day.
Ramirez was replaced in left field by Xavier Paul in the b
<< Gainey goes in front at Chiquita Classic
Maineville, OH (Sportsbook Betting Lines) - Tommy Gainey posted a six-under 66 on Friday
to move atop the leaderboard after the second round of the inaugural Chiquita
Classic.
Gainey finished 36 holes at 14-under 130 at TPC River's Bend and is one st
<< Mets bump Pelfrey to Monday
San Francisco, CA (Sportsbook Betting Lines) - New York Mets starting pitcher Mike
Pelfrey will have his scheduled Saturday start pushed back to Monday due to a
stiff neck.
The Mets will insert lefty Hisanori Takahashi to take the place of Pelf
Romero bounces back to pitch Jays past Orioles >>
Baltimore, MD (Sportsbook Betting Lines) - Ricky Romero tossed seven solid innings en
route to his first victory in exactly one month, as the Toronto Blue Jays held
off the Baltimore Orioles, 4-2, in the opener of a three-game set at Camden
Yards.
Glenn shines as Tiger-Cats batter Bombers >>
Hamilton, ON (Sportsbook Betting Lines) - Kevin Glenn threw for 336 yards and three
touchdowns to lead the Hamilton Tiger-Cats to a 28-7 victory over the Winnipeg
Blue Bombers at Ivor Wynne Stadium.
DeAndra' Cobb scored on both a rush and a rece
Reds open second half by edging Rockies >>
Cincinnati, OH (Sportsbook Betting Lines) - Bronson Arroyo pitched into the eighth
inning and Orlando Cabrera drove in two runs, as the surprising Cincinnati
Reds opened the second half of the season with a 3-2 win over Colorado at
Great A
Strasburg, Nats open second half on winning note >>
Miami, FL (Sportsbook Betting Lines) - Josh Willingham hit a three-run double in the top
of the sixth inning, and the Washington Nationals beat Florida 4-0 in the
opener of a three-game series at Sun Life Stadium.
Washington rookie phenom Steph
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.
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.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting