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03/14/2010 - Rio Grande, Puerto Rico (Sportsbook Betting Lines) - Kevin Streelman and Chad Collins were atop the leaderboard Sunday at 12-under par when the third-round of the rain-delayed Puerto Rico Open was suspended for the day due to darkness.
Rain delays the first two days pushed everything back, as the second round was finally completed earlier Sunday.
The third round got underway with Collins in the final group. He was two-under through five holes, while Streelman was three-under through seven; the pair share the lead at minus-12.
Derek Lamely made a huge run in the third round to move to 11-under par. Lamely posted a seven-under through seven holes to jump into a share of third with Kris Blanks (seven holes) and Steve Wheatcroft (six holes), who were both two-under for their third rounds at Trump International Golf Club.
The third round is slated to resume Monday at 7:00 a.m. (et) with the final round to follow. Players will remain in the same groups for the final round and officials expect play to finish around 4:30 p.m.
MORE TO FOLLOW.
<< Browns send QB Quinn to Broncos
Englewood, CO (Sportsbook Betting Lines) - Quarterback Brady Quinn is set for a new
beginning that had been rumored as the former first-round pick was dealt from
Cleveland to the Denver Broncos on Sunday.
The move came a day after the Browns re
<< Lille climbs to fourth in Ligue 1
Lille, France (Sportsbook Betting Lines) - Lille used an own goal from Bostjan Cesar to
follow up its Europa League win over Liverpool with a 1-0 win over Grenoble on
Sunday in Ligue 1 and climbed to fourth in the standings.
Bordeaux, Montpellier, Au
<< Els fends off Schwartzel for second WGC crown
Miami, FL (Sportsbook Betting Lines) - Ernie Els fired a bogey-free, six-under 66 Sunday
to beat Charl Schwartzel and win the WGC - CA Championship.
Els, who earned his second WGC title, completed the event at 18-under-par 270.
He missed Phil Mickelso
<< James, Cavaliers handle Celtics
Cleveland, OH (Sportsbook Betting Lines) - LeBron James ended with 30 points, eight
rebounds and seven assists to lead Cleveland to a convincing 104-93 victory
over Boston at Quicken Loans Arena.
Antawn Jamison returned from a one-game absence
Gonchar caps Penguins rally over Lightning >>
Tampa, FL (Sportsbook Betting Lines) - Sergei Gonchar notched the game-winning score
early in the third period, as Pittsburgh clipped Tampa Bay, 2-1, at St. Pete
Times Forum.
Pascal Dupuis also tallied for the Penguins, who snapped a two-game s
Isles finally win back-to-back games, top Leafs >>
Uniondale, NY (Sportsbook Betting Lines) - Richard Park posted a goal and an assist,
while Blake Comeau added three helpers, and the Islanders recorded back-to-
back wins for the first time in nearly two months with a 4-1 win over Toronto.
Matt
Messi's hat trick leads Barca over Valencia >>
Barcelona, Spain (Sportsbook Betting Lines) - Lionel Messi had second-half hat trick and
Barcelona beat Valencia 3-0 on Sunday in a clash of top-three clubs in Spain's
La Liga at the Camp Nou.
Messi scored in the 56th, 81st and 83rd minutes to incre
North Carolina, UConn lend big names NIT field >>
NEW YORK (AP) -North Carolina and Connecticut are lending some serious star power to the NIT.The Tar Heels were a No. 4 seed in the bracket released Sunday, the second time in the past three years that the defending national champion missed the NCAA
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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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