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Racing legend Foyt forced to skip Rolex 24 at Daytona

Autoracing Betting Lines

01/27/2012 - Daytona Beach, FL (Sportsbook Betting Lines) - A.J. Foyt will miss this weekend's Rolex 24 at Daytona after being hospitalized due to complications from recent knee surgery.

Foyt, a four-time Indianapolis 500 winner, was scheduled to serve as Grand Marshall for the 50th anniversary of the 24-hour endurance race at Daytona International Speedway. He is also a winner of the Daytona 500 and the 24-hour race there.

"I am really sorry that I can't be there this weekend for the Rolex 24," Foyt said in a statement released on Friday. "I was really looking forward to it, because I thought it was a great honor to be asked to be the Grand Marshal of the 50th Anniversary of that race and considered it to be one of the great highlights of my career.

"I feel so bad that I let everyone down. I was also looking forward to seeing some of my old friends and the race cars that I drove in that race. It was going to be a really fun weekend for me, but I guess I'll be watching the race from my hospital room. Yep, the doctors pulled rank on me. And I hate to admit, but I think they're right -- this time. I'd like to wish everyone a safe race, and I'll be with you in spirit."

Foyt is expected to make a full recovery.


<< Mets sign INF Tuiasosopo
Flushing, NY (Sportsbook Betting Lines) - The New York Mets signed free agent infielder Matt Tuiasosopo on Friday. Tuiasosopo, 25, played sparingly in three major league seasons for the Seattle Mariners between 2008-10 and hit .176 with 15 runs batte

<< Hannover gets first Bundesliga win since October
Hannover, Germany (Sportsbook Betting Lines) - Mohammed Abdellaoue scored his 10th goal of the season and Hannover edged Nurnberg, 1-0, on Friday at AWD Arena for its first Bundesliga win since October. Hannover had six draws and two losses in its l

<< Patriots' defense making the most of spare parts
(Sportsbook Betting Lines) - A year ago, Sterling Moore was taking in the Super Bowl as a spectator, perched way up in the rafters of spacious Cowboys Stadium as a college senior at nearby Southern Methodist University. The rookie cornerback will have

<< Bucks' Bogut out with fractured ankle
Milwaukee, WI (Sportsbook Betting Lines) - Milwaukee Bucks center Andrew Bogut will miss the next 8-to-12 weeks with a fractured left ankle. Bucks general manager John Hammond made the announcement on Friday through the club's Twitter account.

<< PSV Eindhoven claims top spot in Eredivisie
Eindhoven, Netherlands (Sportsbook Betting Lines) - Dries Mertens scored his 14th goal as PSV Eindhoven defeated Vitesse, 3-1, on Friday to move into first place in the Dutch Eredivisie. Tim Matavz and Stanislav Manolev also scored for PSV, which c

Trojans' Dedmon out with torn ACL >>
Los Angeles, CA (Sportsbook Betting Lines) - Southern California head coach Kevin O'Neill announced on Friday that forward Dewayne Dedmon was diagnosed with a torn medial collateral ligament in his left knee as is likely out for the remaind

Real Madrid goes for fifth-straight win vs. Zaragoza >>
Madrid, Spain (Sportsbook Betting Lines) - Real Madrid welcomes Real Zaragoza to the Bernabeu in La Liga action Saturday as the first-place club looks to secure its fifth-straight league win. The leaders enter the weekend with a five-poin

WR Nicks among Giants to miss practice >>
East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants wide receiver Hakeem Nicks missed practice for a second straight day Friday because of a sprained shoulder. Nicks, the team's second-leading receiver, said he has a sprained AC join

Sixers sign Elson >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia 76ers signed free-agent veteran center Francisco Elson on Friday. The signing provides the Sixers depth in the frontcourt as Spencer Hawes and rookie Nikola Vucevic have battled inj

PSG resumes Ligue 1 play without Pastore >>
Brest, France (Sportsbook Betting Lines) - PSG has continued its spending spree with the signings of Brazilian defenders Alex and Maxwell, but will be without its most expensive addition, Javier Pastore, on Saturday at Brest. Pastore, acquired for app

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.

Problem with Bears?

Chicago, IL - New Chicago Bears quarterback Jay Cutler and star linebacker Brian Urlacher shot down reports of a rift, saying they're simply not true.

"There's nothing between us," Cutler said Thursday, when he reported to training camp. "I just want to put that to rest. There never has been anything between us."

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Urlacher added: "I never said what I was quoted as saying and that's it. I have a lot of respect for Jay. I think Jay knows that."
Former Bears receiver Bobby Wade caused a stir when he told Minneapolis radio station KFAN-AM that Urlacher used a profanity while questioning Cutler's manhood during a conversation in Las Vegas last weekend. Wade, who now plays for the Vikings, said Urlacher used a profane version of the word "wimp" during the interview that had to be edited out.
go radio station WSCR-AM also reported that Urlacher had to be restrained from confronting Cutler during organized team activities.
"I wouldn't go face-to-face with Brian, anyway," Cutler said. "No, that's never happened. I've hung out with Brian away from the facility numerous times and we've always gotten along."
Urlacher, noting he was limited by a groin injury, denied the reports in an interview with the Chicago Tribune and did it again when he reported to camp.
"I didn't practice this summer, so I don't know how I would fight the guy if I didn't practice," Urlacher said. "We have no problems. I'm excited about football starting. I'm excited to have him as our quarterback."
Why would Wade say that?
"I don't know," Urlacher said. "Maybe he's jealous because we have a good quarterback now."
Cutler said the first he heard of any friction was when he got a call from Urlacher to clear the air. Urlacher, however, said he had already taken several calls from teammates wondering if the reports were true when Cutler phoned.
"He called me and I said, What's up (expletive), what are you doing?'" a grinning Urlacher said, uttering the same word he allegedly used with Wade. "It's so dumb to me that this even got to this point, but it did and then here we are."
better place after going 9-7 and missing the playoffs for the second straight year. They have a franchise quarterback for the first time in decades after acquiring Cutler in an offseason trade with Denver. But there are questions about his attitude following a fallout with Broncos management and new coach Josh McDaniels.
His critics include former Bears coach Mike Ditka and former Indianapolis and Tampa Bay coach Tony Dungy, one of Smith's mentors. Smith, however, said Cutler has been a model teammate so far while denying any animosity with Urlacher.
"There's no issue with Jay and Brian, except Brian and Jay are both excited about being teammates for our club this year," coach Lovie Smith said. "No more than that. We can't spend a whole lot of time on something that isn't true. I have talked to the players. Whenever something comes out, you have to address it, but it's a non-issue."
In some ways, Cutler is getting a second chance in Chicago, an opportunity to repair his reputation.
Smith said another quarterback - Michael Vick - deserves one, although he doesn't see it happening with the Bears, who lack an experienced backup. The former Atlanta Falcons star, who served a 23-month sentence for running a dogfighting ring, said Thursday he is getting close to signing with a pro football team.
"A second chance, like everyone in society who has paid their debt to society," Smith said. "He deserves a second chance. As far as we're concerned, we like this team that we have right now."
Particularly the new quarterback.
"Me and Brian have been on a good relationship since I've been here, and I expect it to continue that way," Cutler said.

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