Addington takes over crew chief role for Stewart

Autoracing Betting Lines

11/28/2011 - Kannapolis, NC (Sportsbook Betting Lines) - Steve Addington has replaced Darian Grubb as crew chief for reigning Sprint Cup Series champion Tony Stewart effective immediately, Stewart-Haas Racing announced on Monday.

Addington has won 16 Sprint Cup races as crew chief, including two with driver Kurt Busch this season. He served in the role for Busch's team the past two seasons. Last week, Addington informed Penske Racing that he would not return with the team for the 2012 season.

Stewart and Addington worked together at Joe Gibbs Racing from 2005-08.

"I know Steve well, and I know how he goes about setting up a racecar," Stewart said in a team statement. "My comfort level with him is already strong. He balances the technical part of our sport with the real-world experiences we get at the track, and that will allow for a smooth transition, as we prepare to defend our title in 2012."

Before Addington joined Penske, he was the crew chief for the teams of Bobby Labonte (2005), J.J. Yeley (2006-07) and Busch's younger brother, Kyle, (2008 through race No.33 of the 2009 season). Twelve of his wins came with Kyle Busch at JGR.

"Tony and I are a lot alike, and we're able to push each other," Addington said. "I saw how he worked when we were at Gibbs together, and I'm not surprised at all at the success he's created at Stewart-Haas Racing. He expects a lot, and he knows a lot. His talent behind the wheel is obvious, but his ability to motivate and get everyone to believe that whatever goal they set is attainable is something every crew chief wants, and I plan to make the most of it."

The crew chief change comes eight days after Stewart clinched his third Sprint Cup championship as a driver and first as a team owner.

Stewart and Carl Edwards ended this season with 2,403 points each, but in a tiebreaker, Stewart captured the title by virtue of his five wins -- all of them coming in the 10-race Chase for the Sprint Cup -- compared to only one victory for Edwards.

Grubb, who became a first-time championship-winning crew chief, had been with Stewart's No.14 Chevrolet team since the inception of SHR in '09.

"Darian was a very important part of the success we've had at Stewart-Haas Racing," Stewart noted. "I'm very proud of everything he helped accomplish, especially this year when we all rallied to win the championship. He's a great person, and I know he'll continue to be successful in this sport."

Grubb was informed midway through the Chase that he would not be back with the team next year. He had worked for Hendrick Motorsports from 2001-08.

Stewart and Grubb will be honored for their championship season on Friday in Las Vegas.

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A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.

Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.

MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.

"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."

Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs.

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.