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03/10/2010 - (Sportsbook Betting Lines) - The NBA's worst team takes on its hottest when the New Jersey Nets meet the Dallas Mavericks in Big D tonight.
Despite playing short-handed the Mavs earned their 12th straight victory on Monday in Minneapolis when Shawn Marion posted 29 points to go with 14 rebounds, pacing Dallas in a 125-112 decision over the lowly Timberwolves.
Dirk Nowitzki and Caron Butler added 24 and 23 points, respectively, for the Mavericks, who are in the midst of their longest winning streak in three seasons and are now second in the Western Conference, three games behind the LA Lakers. Dallas last ripped off 13 straight victories during a franchise- best 17-game run from January 27-March 11, 2007. Nowitzki, meanwhile, is now just seven points behind Hall of Famer George Gervin for 30th on the all-time NBA scoring list with 20,701 total points.
Jason Kidd ended with 12 points and 10 assists for the victors, who continued their stellar play despite toiling without high-scoring guard Jason Terry (facial surgery) along with big men Brendan Haywood (back) and Erick Dampier (dislocated finger) in the Twin Cities. Also, one of Terry's replacement in the backcourt, J.J. Barea, left Monday's contest with a sprained ankle.
"When someone is down, someone else picks them up," Mavericks head coach Rick Carlisle said of his team's cohesiveness. "When you get on a roll like this those things have to happen."
Barea and Haywood are listed as questionable for tonight as Dallas opens a four-game homestand but Terry and Dampier will be out until later this month.
The Nets, meanwhile, are playing out the string hoping to avoid becoming the worst team in NBA history. New Jersey needs to secure three wins in its final 19 contests to surpass the 1972-73 Philadelphia 76ers, who finished that season with a miserable 9-73 record.
The Nets fell to 7-56 on the season Monday in Memphis when Rudy Gay and Mike Conley each scored 21 points to push the Grizzlies past New Jersey, 107-101.
Courtney Lee led all scorers with 30 points on 13-of-20 shooting, and Devin Harris netted 28 points and five assists for the Nets, who were coming off a win over the Knicks and still haven't won two in row this season. Rookie Terrence Williams added 14 points, six rebounds and six assists off the bench.
"We don't like giving teams the head starts we've been giving," Harris said. "Once we correct that, it will be easier to contend in the fourth quarter."
The Nets are a hapless 1-22 against the Western Conference this season and just 4-28 on the road as they try to avoid a home-and-home season sweep at the hands of the Mavs. Dallas last swept the season series in 2006-07.
<< Raptors make a stop in Sacramento
(Sportsbook Betting Lines) - The reeling Toronto Raptors aim to right the ship tonight
as they resume a four-game western road trip against the Sacramento Kings.
The Raptors are now fighting for their playoff lives after dropping the opener
of thei
<< Thunder return home to face Hornets
(Sportsbook Betting Lines) - While the Oklahoma City Thunder seem to be well on their
way towards ending a playoff drought, the New Orleans Hornets enter tonight's
showdown between these teams in danger of missing out of the postseason fray.
The injur
<< Nuggets visit Wolves without Karl
(Sportsbook Betting Lines) - Without their head coach patrolling the sidelines, the
Denver Nuggets will start up a four-game road trip tonight against a Minnesota
Timberwolves team hoping to end a string of six straight losses when it takes
the Target Ce
<< Grizzlies take road winning streak to Boston
(Sportsbook Betting Lines) - The Memphis Grizzlies will attempt to keep the longest road
winning streak in franchise history intact when they visit a place they've
historically struggled over the years, Boston's TD Garden, for tonight's
matchup with the
Kings visit Blackhawks for clash between West powers >>
(Sportsbook Betting Lines) - Two of the Western Conference's best teams will meet
tonight in the Windy City as the Chicago Blackhawks host the Los Angeles Kings
at United Center.
The Blackhawks are first in the Central Division and second in the West
Pearce: Owen's England career not over >>
London, England (Sportsbook Betting Lines) - The England door remains open to Michael
Owen despite his season-ending injury, according to Under-21 coach Stuart
Pearce.
Pearce has dismissed suggestions that the 30-year-old Manchester Uni
Bobcats hope to end road woes in Philadelphia >>
(Sportsbook Betting Lines) - Robert Frost's poem "The Road Not Taken" easily coincides
with how the Charlotte Bobcats have been playing this season. The road less
traveled would be the one headed towards Charlotte, and that's made all the
difference for
Heat begin key homestand with visit from Clippers >>
(Sportsbook Betting Lines) - The Miami Heat are fighting for their playoff lives and
hope to gain some ground during a six-game homestand that starts with
tonight's matchup versus the Los Angeles Clippers at AmericanAirlines Arena.
The Heat have won t
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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).
If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).
Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.
New England Patriots -7 vs. Philadelphia Eagles
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:
There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
Philadelphia Eagles +7 vs. New England Patriots
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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