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10/25/2007 - Oceanport, NJ (Sportsbook Betting Lines) - Thoroughbred racing history will be made this week with the two-day Breeders' Cup World Championships at Monmouth Park. This is the first time, after 23 editions, that the Breeders" Cup will be held over two days, with 11 races being offered.
Three new races are now part of the Breeders' Cup and they will be run on Friday. The eight other races are set for Saturday at this beautiful track near the Jersey shore. When the Championships began in 1984, seven races were offered and then expanded in 1999 with the addition of the Filly & Mare Turf.
The weather forecast for the weekend is a wet one. Rain is called for Friday and thunderstorms on Saturday. The main track will be sloppy and the turf course could be soft at best.
Looking at the races, let's group them into categories. There are now three races for two-year-olds, including a turf race, three events on the turf for older horses, and the remaining five races, highlighted by the $5 million Breeders' Cup Classic.
A dozen two-year-olds have been entered in the brand new $1 million Juvenile Turf at a mile. European horses would seem to have the advantage in this grass event. However, the 3-1 favorite is North America's Prussian who has won both starts. The colt broke his maiden at Saratoga and is coming off a win in a stakes at Woodbine.
Coming from Europe is Achill Island the 7-2 second pick. In his four starts he has only one win with three second place results. Achill Island has been second in both starts at one-mile.
The 9-2 third choice is Strike the Deal from England. He will be stretching out to one-mile for the first time, but will carry just 122 pounds, his lightest weight so far.
At 8-1 in the morning-line, Gio Ponti will actually drop back to a mile for this race. He has won both starts and likes to come from off the pace. Gio Ponti appears to be a good pick at a nice price.
On Saturday are the traditional races for two-year-olds. Both the Juvenile Fillies and Juvenile races will at 1 1/16 miles on the main track. It is always hard to predict winners in two-year-old races. Favorites and longshots win just as often as not. Last year Street Sense won the Juvenile at 15-1 and went on to win the Kentucky Derby to break a jinx.
Indian Blessing is the 3-1 favorite in the Juvenile Fillies. She has won both starts while running on the lead. Right next to her in the five-hole will be Irish Smoke who is coming off a bad loss as the favorite in a stakes race at Keeneland. Irish Smoke runs off the pace and should rebound from her poor effort on Keeneland's all-weather surface. Cry and Catch Me is scratched from the Juvenile Fillies.
The winner of the $2 million Breeders' Cup Juvenile automatically becomes the early favorite for the Kentucky Derby. Street Sense became the first Juvenile champ to pull off the double and the first division champion since Spectacular Bid to win the Run for the Roses.
Champagne Stakes winner War Pass is the 5-2 morning-line favorite. He is undefeated in three starts and likes to win as the pace-setter. The 7-2 second choice is Tale of Ekati who is trained by Barclay Tagg. This colt comes from off the pace as he did in winning the Futurity at Belmont Park.
Norfolk Stakes winner Dixie Chatter has been scratched from the race, which leaves Norfolk runner-up Salute the Sarge as the top California entrant. Salute the Sarge will start from the next last post in the 12 horse field. He was also second in the Del Mar Futurity.
Kicking off the Breeders' Cup on Friday will be the the initial running of the $1 million Filly & Mare Sprint at six furlongs. Ten females have been entered with Dream Rush the 2-1 favorite. The filly has won four of six starts this year and will start from post three.
The lightly raced La Traviata is the 5-2 second choice. She has just three career starts, all this year, and has never lost. The three-year-old won the Post Deb Stakes here by five lengths.
The longshot to play is Jazzy. This 20-1 outsider has three starts in this country since coming over from South Africa. She was second at Monmouth Park in the Incredible Revenge Stakes.
The two favorites in Saturday's $2 million Sprint will break from the two inside posts. Midnight Lute, the 2-1 favorite, has the two hole and 7-2 second choice Smokey Stover is to his inside.
Midnight Lute has raced primarily in California this year at nothing shorter than seven furlongs. He has just one win in four starts in 2007. Midnight Lute is not a speed horse, which could prove to a disadvantage from his post position.
Smokey Stover is coming off a win in the Icecapade Stakes at Monmouth and has won five of six starts this year. If he takes the lead at the start he may not be caught.
Attilas Storm has been scratched from the Sprint with a left front ankle injury.
Only nine horses have been entered in the $1 million Dirt Mile, which concludes Friday's races. Discreet Cat is the 2-1 morning-line favorite from the inside post. He will be making his second start since a seventh place finish in the Dubai World Cup in March, The four-year-old was third in the Vosburgh last month at Belmont Park.
Met Mile winner Corinthian is the 7-2 second choice. However, the horse who loves Monmouth Park is Gottcha Gold. This colt won the Salvatore Mile and Iselin Handicap here. He is 8-1 in the program and will start from post six.
The three turf races on Saturday are the Filly & Mare Turf, Mile and Turf. European horses are always a good bet to win any of the grass events.
Nashoba's Key is the 3-1 favorite for the Filly & Mare Turf. The four-year-old made her racing debut in January and is perfect in seven starts. Three of her wins have been on all-weather tracks and is at or near the lead on all surfaces.
Honey Ryder was second to males in the United Nations Handicap here. Last year she was third in this event, just 2 1/2 lengths off the winner. The six-year- old is 9-2 in the program.
The top European horse is the 4-1 second choice Passage of Time. The three- year-old filly has only one win in three starts this year. In 2006 she won three of four starts.
The Breeders' Cup Mile has a full field of 14 for the turf event. The 3-1 morning-line favorite is Excellent Art from Europe. After Market, based in California, is the 7-2 second choice and England's Jeremy is the 5-1 third pick.
However, the two intriguing horses are Kip Deville and Nobiz Like Shobiz. Kip Deville, 6-1 in the morning-line, began the year with two staight stakes wins. He has lost his last four starts, but was a solid second to the now retired Shakespeare in the Woodbine Mile.
Nobiz Like Shobiz is 8-1 in the program and is on a three race win streak. His last three starts have all been on the grass, but this will be his first effort against older horses.
The winner of the Breeders' Cup Turf is usually the Eclipse Award winner for turf runners. Only eight have entered for the 1 1/2 mile race. Defending race winner Red Rocks is 7-2 in the morning-line and 2006 runner-up Better Talk Now is 9-2. Better Talk Now won the Turf in 2004.
Leading European horse Dylan Thomas is the 7-5 favorite. He can become the first Arc de Triomphe champ to win the Breeders' Cup Turf. To his inside will be English Channel, third in last year's Turf. English Channel is coming off a win in the Turf Classic at Belmont Park. He was second in the Sword Dancer at Saratoga after winning Monmouth's United Nations Handicap for the second time.
Belmont Stakes winner Rags to Riches is sidelined with an injury, which takes away a little of the luster for the Breeders' Cup Distaff. The $2 million race has a field of 12 females.
Indian Vale is the 3-1 favorite, though she hasn't won since June. She has lost twice to Unbridled Belle, the 9-2 third choice, this year. Most recently, Unbridled Belle defeated Indian Vale by a head in the Beldame at Belmont Park. Unbridled Bell won the Delaware Handicap in July when Indian Vale finished fifth.
The 7-2 second pick, Ginger Punch, was third in the Beldame after posting three straight wins. Highly rated three-year-olds Bear Now, Octave, Lady Joanne and Lear's Princess are all entered.
Two runners have wins at Monmouth Park this year. Prop Me Up, 50-1, won the Lady's Secret Stakes and is on a three race win streak. Hysterical Lady, 8-1, captured Monmouth's top race for females, the Molly Pitcher. She is a speed horse who has hit the board in all seven starts this year.
Completing the Breeders' Cup weekend is the 1 1/4 mile Classic. The winner will no doubt be voted Horse of the Year for 2007. Nine have been entered with each horse a solid choice to win.
Included in the field are Kentucky Derby winner Street Sense, Preakness champ Curlin and Santa Anita derby winner Tiago. Two other three-year-olds are Kentucky Cup Classic winner Hard Spun and Any Given Saturday who won the Haskell at Monmouth.
The 5-2 morning-line favorite is leading handicap horse Lawyer Ron. He set a record this summer in winning the Whitney Handicap at Saratoga.
The two longest shots are George Washington, 20-1, and at 30-1 Awesome Gem. George Washington was sixth in the 2006 Classic. Awesome Gem has been second in each of his last three starts, all in California.
The horse to look out for is 15-1 longshot Diamond Stripes. The four-year-old has been in the money all eight career starts. He won his first four races to begin his career. He then had three consecutive finishes in third place and is coming off a victory in the Meadowlands Cup earlier this month.
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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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