Manning and Irsay say no hard feelings
Football Betting Lines
01/27/2012 - Indianapolis, IN (Sportsbook Betting Lines) - Indianapolis Colts quarterback Peyton Manning and team owner Jim Irsay issued a joint statement Friday to dispel any notion that the two are at odds.
Manning and Irsay both made comments through the media in recent days following the upheaval in the club's front office and coaching staff, but Friday's missive was issued in an attempt to quell rumors of a disruptive spat between the two.
"Since 1998, we have enjoyed a great relationship, based upon mutual respect and trust," the statement read. "We have always been able to talk and address matters we've faced over the years, not just as owner and player, but as friends. We had a long talk today and we want to assure Colts fans everywhere that we are both committed to maintaining our close relationship and to working together through any challenges the future may bring."
Bill Polian, who shaped the Colts football operations and drafted Manning upon arriving in Indianapolis in 1998, was the first to go after the team suffered through a 2-14 season without the injured four-time MVP. Head coach Jim Caldwell soon followed after Ryan Grigson was named the club's new general manager.
There has been speculation that Manning, healthy or not, may be the next one out the door. Manning sat out the entire 2011 campaign following neck surgery and it's not completely known if he will be fully healed to play in 2012.
The Colts have the first pick in April's draft, and with Stanford quarterback Andrew Luck considered a can't miss prospect, the team may be willing to shed Manning's high price and start over.
A March 8 deadline looms for the Colts, who must decide whether to keep Manning and pay him a $28 million roster bonus for 2012 or allow him to leave as a free agent.
Manning made comments to the Indianapolis Star on Monday, saying the situation surrounding the Colts is "not a real good environment down there right now, to say the least. Everybody's walking around on eggshells. I don't recognize our building right now. There's such complete and total change."
He added that tough decisions will have to be made by ownership and he understands that it's business, but also stated that he wanted to "play the same place my whole career."
Irsay responded and said Manning should not have gone public with his statements and should have instead kept things in house.
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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.
"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.
Will Ohio State continue to run the table in College Football betting odds?
MySportsbook.com favors Buckeyes, Fighting Irish and Golden Bears in this weekend's big games.
NEW YORK, NY, Sept. 21 - My Sportsbook NCAA football fans: things are beginning to get really interesting on college football's national stage. Following last weekend's "Separation Saturday", which included five teams ranked in the top 15 dropping games, the BCS Championship picture is beginning to take shape - with Ohio State leading the charge. And, according to odds makers at MySportsbook.com, the number-one-ranked Buckeyes will continue their winning ways this weekend.
Revenge will be the name of the game in Columbus this Saturday, as Ohio State looks to even the score following last season's loss to Joe Paterno's Nittany Lions. Although Penn State are listed as 16.5 point underdogs, they are 11-10 all-time versus the Buckeyes. Paterno and the Lions, however, will have to shut down Heisman Trophy favorite Troy Smith who has thrown for 769 yards and seven touchdowns this season.
Speaking of revenge, Notre Dame will be out for some against Michigan State, following last year's 44 - 41 overtime loss to the Spartans in South Bend. The thirteenth-ranked Irish, listed as a 3-point favorite, will also be looking to avenge last Saturday's thrashing from the Michigan Wolverines. The Spartans, meanwhile, have won seven of the last nine match-ups against Notre Dame and are coming off an impressive 38-23 victory over Pittsburgh.
Out west, 22nd-ranked Arizona State will be battling for their first victory over 21st-ranked California since 2000. Although the Golden Bears are listed as 7.5-point favorites, the Sun Devils are 3-0, lead the nation in sacks with 18 and possess the Pac-10's leading passer in sophomore quarterback Rudy Carpenter.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.
NCAA Football betting lines (home team in CAPS)
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Date Favorite Opponent Point Spread
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Sept 21 GEORGIA TECH Virginia 17
Sept 22 NEVADA Northwestern 6.5
Sept 23 MICHIGAN Wisconsin 14
Sept 23 Minnesota PURDUE 3
Sept 23 SYRACUSE Miami (Ohio) 6.5
Sept 23 MISSOURI Ohio 21.5
Sept 23 Louisville KANSAS STATE 14
Sept 23 TENNESSEE Marshall 22
Sept 23 CLEMSON North Carolina 16.5
Sept 23 FLORIDA Kentucky 24
Sept 23 Iowa ILLINOIS 20.5
Sept 23 FLORIDA STATE Rice 30.5
Sept 23 AUBURN Buffalo 41.5
Sept 23 BOWLING GREEN Kent 7
Sept 23 NAVY Tulsa 4.5
Sept 23 VIRGINIA TECH Cincinnati 27
Sept 23 BYU Utah State 29
Sept 23 OHIO STATE Penn State 16.5
Sept 23 TEXAS Iowa State 25
Sept 23 Washington State STANFORD 10
Sept 23 CALIFORNIA Arizona State 7.5
Sept 23 UCLA WASHINGTON 3
Sept 23 INDIANA Connecticut 1.5
Sept 23 Central Michigan EASTERN MICHIGAN 4
Sept 23 WYOMING Air Force 1
Sept 23 UTEP NEW MEXICO 9.5
Sept 23 West Virginia EAST CAROLINA 21
Sept 23 Boston College NORTH CAROLINA STATE 7
Sept 23 GEORGIA Colorado 27
Sept 23 ARKANSAS Alabama 1.5
Sept 23 BAYLOR Army 11
Sept 23 WESTERN MICHIGAN Temple 28
Sept 23 MISSISSIPPI Wake Forest 2.5
Sept 23 KANSAS South Florida 5.5
Sept 23 TEXAS A&M Louisiana Tech 23.5
Sept 23 UAB Mississippi State 9.5
Sept 23 LSU Tulane 36
Sept 23 Utah SAN DIEGO STATE 6.5
Sept 23 BOISE STATE Hawaii 15
Sept 23 Notre Dame MICHIGAN STATE 3
Sept 23 USC ARIZONA U 22
Sept 23 Oklahoma State HOUSTON 1
Sept 23 OREGON STATE Idaho 23
Sept 23 OKLAHOMA Middle Tennessee State 29
Sept 23 MARYLAND Florida International 18.5
Sept 23 AKRON North Texas 17.5
Sept 23 SOUTH CAROLINA Florida Atlantic 29.5
Sept 23 NEBRASKA Troy 23
Sept 23 SMU Arkansas State 6
For complete NCAA football odds and World Series odds please visit MySportsbook.com