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03/12/2010 - Boise, ID (Sportsbook Betting Lines) - Boise State University announced Friday it has relieved men's head basketball coach Greg Graham of his duties.
The Broncos' season came to an end Thursday with an 84-60 loss to Utah State in the opening round of the Western Athletic Conference Tournament to finish 15-17 and 5-11 in league play.
"We appreciate everything that Coach Graham and his staff have contributed to Boise State the past eight years," Boise State director of athletics Gene Bleymaier said. "We felt that in the best interest of the program we needed to make a change."
Graham took over as head coach prior to the 2002-03 season and guided BSU to a 142-112 record in eight seasons at the helm. He was just three years removed from a share of the conference championship, a trip to the NCAA Tournament and being named WAC Coach of the Year in 2007-08 when the Broncos set a school record for wins with 25.
Graham was the top assistant for Oregon prior to joining Boise State. Prior to his five years at Oregon, Graham was an assistant at St. Mary's College in California, New Mexico, San Jose State and San Diego State.
<< Titans re-sign CB Hood
Nashville, TN (Sportsbook Betting Lines) - The Tennessee Titans agreed to terms on a
contract with veteran cornerback Rod Hood on Friday.
Hood, who was an unrestricted free agent, appeared in five games (four starts)
for the Titans last season, re
<< Pats re-sign CB Bodden, add LB Murrell
Foxboro, MA (Sportsbook Betting Lines) - The New England Patriots on Friday re-signed
cornerback Leigh Bodden and inked linebacker Marques Murrell to an undisclosed
contract.
Bodden started in 14 of the 15 games he played in for the Patriots last s
<< Heat suspend Wright for two games after DUI arrest
Miami, FL (Sportsbook Betting Lines) - The Miami Heat suspended forward Dorell Wright
for the next two games after he was charged with driving under the influence
and driving with a suspended license on Thursday.
"This is out of character for D
<< Wall, Kentucky withstand tough test from Alabama
Nashville, TN (Sportsbook Betting Lines) - John Wall had 23 points, seven rebounds and
six assists in his first taste of tournament basketball, as second-ranked
Kentucky moved into the semifinals of the SEC Tournament with a 73-67 triumph
over Al
Tisdale helps Illinois edge Wisconsin in Big Ten quarters >>
Indianapolis, IN (Sportsbook Betting Lines) - Mike Tisdale scored 21 points and grabbed
eight rebounds to lead Illinois to a much-needed 58-54 victory over No. 13
Wisconsin in the quarterfinals of the Big Ten Tournament.
Demetri McCamey ended w
Report: Woods took pain medication day before crash >>
Orlando, FL (Sportsbook Betting Lines) - Tiger Woods' wife told police her husband had
not been drinking, but had taken pain medication the day before his early-
morning car accident outside their Isleworth home, according to paperwork
obtaine
Oregon RB James sentenced to probation, 10 days in jail >>
Eugene, OR (Sportsbook Betting Lines) - Oregon sophomore running back LaMichael James
was sentenced to 24 months probation and 10 days in jail after pleading guilty
to one count of physical harassment on Friday.
James agreed to a bargain that
Inter stunned by Catania >>
Catania, Italy (Sportsbook Betting Lines) - Catania scored three times in the final 20
minutes of their 3-1 upset win over Inter Milan at the Angelo Massimino on
Friday.
Diego Milito scored in the 54th minute for Inter, but had his opener cance
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 is considered one of the finest online sportsbook according to several surveys performed by independent industry analysts considering such factors as payout accuracy and timeliness, overall quality of website, and bettor satisfaction.
MySportsbook is offering a free printable NFL football office pool sheets. Run your own NFL Football Office Pool. Create your own pool, invite your friends to join. Compete with your with co-workers, friends or family for bragging rights every week. Exchange some hard hits without risk of injury. Trash Talk with your fellow co-workers.
To visit this online sportsbook got to MySportsbook.com for all your nfl football pool sheets needs.
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