Latos sets MLB record as Padres top Dodgers
Baseball Betting Lines
09/08/2010 - San Diego, CA (Sportsbook Betting Lines) - Mat Latos tossed seven innings of one-run baseball to set an MLB record, as the San Diego Padres defeated the Los Angeles Dodgers, 2-1, in the second test of a three-game series at Petco Park.
Latos (14-5), who gave up just four hits, has yielded two runs or fewer in each of his last 15 starts, which is the longest such streak in major league history (min. 5.0 IP). The right-hander also struck out 10 and did not issue a walk to improve to 9-1 during his impressive streak.
Aaron Cunningham and Adrian Gonzalez each drove in a run for the Padres, who have won two in a row since a 10-game skid. San Diego remained one game ahead of San Francisco in the NL West standings after the Giants beat Arizona.
Rafael Furcal knocked in the lone run for the Dodgers, who have dropped four in a row. Clayton Kershaw (11-10) went seven innings in the start, allowing two runs on five hits.
The Padres got on the board in the second. Singles by Gonzalez, Miguel Tejada, and Nick Hundley loaded the bases with one out. Cunningham hit a sacrifice fly before Latos struck out.
San Diego tacked on another run in the third for a 2-0 lead. Chris Denorfia singled and raced home on Gonzalez's double to left.
The Dodgers finally got to Latos in the sixth. Scott Podsednik hit a two-out double and scored on Furcal's base hit up the middle.
Los Angeles stranded runners on first and second in the eighth. Pinch-hitter Jamey Carroll doubled off Mike Adams to begin the inning. After pinch-hitter Jay Gibbons lined out, Heath Bell took over on the mound. Podsednik struck out before Furcal walked. James Loney struck out to end the frame.
Bell worked a perfect ninth to record his 39th save.
Game Notes
The Dodgers and Padres have split 14 games this season...Latos was scratched prior to Monday's game due to the stomach flu. He improved to 1-2 in his career against the Dodgers...Los Angeles designated Ronnie Belliard for assignment and called up outfielder Trent Oeltjen from Triple-A Albuquerque...Kershaw fell to 4-3 lifetime versus San Diego.
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Sportsbooks to bet on football
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.
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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.
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