Bulls, Heat set to battle in Miami

Basketball Betting Lines

03/12/2010 - (Sportsbook Betting Lines) - A pair of teams battling for playoff spots in the Eastern Conference square off tonight at Miami's AmericanAirlines Arena, where the surging Heat continue an important homestand by taking on the slumping Chicago Bulls.

Although only 1 1/2 games separate these clubs in the East standings, the Heat and Bulls have been going in opposite directions as of late. Miami posted its fourth win in its last five outings with Wednesday's 108-97 verdict over the Los Angeles Clippers, while Chicago's current losing streak reached a season- worst six games in last night's 111-82 defeat at Orlando.

The Bulls' slide has dropped them into ninth place in the conference race, with the Heat tied with Toronto and Charlotte for the final three postseason berths at the moment.

Miami has an opportunity to enhance its playoff chances with a six-game home stretch that began with Wednesday's victory over the Clippers. The Heat have won their last four tilts as the host, improving to 18-14 at AmericanAirlines Arena for the season.

"We've been playing better at home," said Miami's Dwyane Wade after Wednesday's game. "That's what we all wish we would've done all year, but we can't live in the past."

Wade led the way against Los Angeles with 27 points and eight assists, with Jermaine O'Neal contributing 19 points and nine rebounds to the win and Michael Beasley adding 15 points for Miami.

Chicago's losing streak is its longest since a six-gamer from November 14-24, 2006. Injuries have played a large part in the team's recent nose dive, and the Bulls suffered another significant one when point guard Derrick Rose had to exit last night's contest after one quarter due to a sprained left wrist.

Rose, averaging a team-best 20.4 points and 5.7 assists per game this season, could very well join two other key Chicago players on the sidelines tonight. Luol Deng is expected to miss a second straight night because of a strained calf, while fellow forward Joakim Noah is out indefinitely with a plantar fasciitis injury to his left foot.

Deng is second on the team with an average of 18.0 points per game and Noah leads Chicago in rebounding (11.4 rpg).

Rookie James Johnson led shorthanded Chicago with 13 points in Thursday's defeat, with Hakim Warrick and Taj Gibson each finishing with 12 points on the night.

Having Rose potentially unavailable doesn't figure to help the Bulls improve upon a 12-20 road record for the season. Chicago will be playing the second test of a critical four-game trip that also includes stops in Memphis and Dallas.

The Bulls have also lost in four straight visits to Miami, including a 95-87 decision on November 1. Chicago did get a measure of revenge with a 95-91 win over the Heat in the Windy City on February 6, in which Deng scored 25 points and Rose netted 24.

Miami may possibly be without bench player Dorell Wright for tonight's matchup after the 24-year-old was arrested Thursday morning for driving under the influence and having a suspended license.

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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.