Pitt routs Rutgers to close out regular season

NCAA Basketball Betting Lines

03/06/2010 - Pittsburgh, PA (Sportsbook Betting Lines) - Gilbert Brown poured in a game-high 19 points while pulling down six rebounds, as the 17th-ranked Pittsburgh Panthers destroyed the Rutgers Scarlet Knights, 83-54, in the regular-season finale for both clubs.

Ashton Gibbs added 13 points for the Panthers (24-7, 13-5 Big East), who will be the No. 2 seed in the Big East tourney next week. Pittsburgh snuck past Providence, 73-71, on Thursday to clinch a two-day bye in the tournament.

Coming into Saturday, the Panthers needed a victory combined with a win by West Virginia over Villanova to secure the second seed. The Mountaineers completed the first part of the equation for Pitt by claiming a 68-66 overtime victory over the Wildcats.

Brad Wanamaker donated 12 points and five assists, while senior Jermaine Dixon tallied 10 points in his final home game for the Panthers, who finished an impressive 17-1 at home this season.

Mike Rosario finished with 14 points for the Scarlet Knights (15-16, 5-13), who were coming off a loss to Seton Hall on Thursday. Austin Johnson and Mike Coburn added 12 and 10 points, respectively, in defeat.

A Jonathan Mitchell layup and James Beatty three-pointer put Rutgers ahead 5-3 early on, but the Panthers scored the next 15 points to take control. Dixon tallied six points during the run, which Dante Taylor capped with a layup for an 18-5 margin with over 11 minutes to go.

Ahead 28-11 moments later, Pittsburgh ripped off seven consecutive points to build a 24-point lead. Brown's trey capped the burst, making it a 35-11 game with three minutes left. The score was 40-16 at the half.

Jonathan Mitchell's three-pointer had the Scarlet Knights within 50-28 five minutes into the second half. The Panthers made it a full-on rout from there, going on an 11-2 spurt. Dante Taylor's free throw made 61-30 with 11 minutes to play.

Game Notes

Pittsburgh was awarded the second seed by virtue of tiebreaker wins over West Virginia and Villanova. Each school went 13-5 in conference play to tie for second place...Despite the loss, the Scarlet Knights still hold a 23-22 series advantage...The Panthers' 13 wins in the Big East is tied for the second highest win total for the school in league play since Pitt joined the Big East in 1982-83. Pitt set the record with 15 wins in 2008-09. Pittsburgh also won 13 Big East regular season games in 2001-02, 2002-03 and 2003-04...The Panthers shot 48.3 percent from the field, while Rutgers made 40.9 percent of its shots.

Wcondenast NCAA Basketball Betting News

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MySportsbook.com refunds all bets on Oakland, Green Bay and Tampa Bay from NFL week one.

(September 14) – Week one of NFL action saw three teams go scoreless for the first time since 1977.  Another four were unable to get a touchdown and almost half of the underdogs covered the spread. Those three teams saved bettors at MySportsbook.com from losing out completely, thanks to the company’s unique NFL Shutout Rule -- which ensures that if the team you backed goes scoreless, your wager is refunded.

Sportsbook refunded tens of thousands of dollars to customers who bet on Oakland, Green Bay and Tampa Bay, the three teams that stunk up the field so badly that their fans and backers never had a chance to get up from their couches and cheer.  In the spirit of the low scoring start to the season, odds makers at the world’s largest online sportsbook and casino have set odds on how many total shutouts there will be this season. 

MySportsbook.com has posted updated sports betting lines for week two of the season.  Ben Roethlisberger’s health status is still questionable, so Willie Parker will try to lead Pittsburgh again as they travel to Jacksonville as a one point favorite.  After beating up on his little brother last week, Peyton Manning will look to lead the Colts to victory against Houston. Indianapolis is a whopping 13.5 favorite in the match-up.

Seattle, last year’s highest scoring team, showed the power of their defense with their gritty 9-6 win in Motown over the ravenous Lions.  They take their act back home to the comforts of Qwest Field where they will face the resurgent Arizona Cardinals.  The Seahawks are favored by a touchdown. 

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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.

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