New York fillies stakes gain sponsor

Horseracing Betting Lines

05/27/2010 - Elmont, NY (Sportsbook Betting Lines) - The NYRA stakes series, known as the Triple Tiara, for three-year-old fillies has gained the sponsorship of Betfair TVG. The series is comprised of the Acorn Stakes, Coaching Club American Oaks, and Alabama Stakes.

"We're thrilled to announce this partnership with Betfair TVG," said NYRA President and CEO Charles Hayward. "It is a cutting edge, innovative company that has enjoyed tremendous success on both the national and international stage. The Betfair TVG Triple Tiara will add a lot of excitement to what should be a sensational spring and summer of racing in New York."

The one-mile Acorn Stakes will be held on Belmont Stakes Day, June 5. The second jewel will be the 1 1/8-mile Coaching Club American Oaks on Saturday, July 24 at Saratoga Race Course. Previously run at Belmont Park, the Oaks will have its 93rd running this year.

The Triple Tiara will conclude with the 1 1/4-mile Alabama Stakes at Saratoga on Saturday, August 21. If a filly is able to win all three stakes, Betfair TVG will present her owners with a $50,000 bonus to go the charity of their choice.

"It's fitting that our first major sponsorship in New York should be for fillies races," said TVG CEO Stephen Burn. "Ten years ago Betfair's first ever betting market was on the Oaks at Epsom, when we had only 36 customers. A decade on and now with three million customers, it is thrilling to realize an ambition by being able to support races for fillies in the United States."

If a filly does not sweep the series, Betfair TVG will donate $30,000 to the chosen charity of the owners of the filly that accumulates the most points over the three races. Points will be based on a 10-5-3 system for horses finishing first, second, or third. All starters, including the first three finishers, will get an additional point. The tiebreaker will be wins, and if there is still a tie, the bonus will be evenly shared among the fillies with the most points.

At the conclusion of the three races, Betfair TVG will also donate $10,000 to The Breast Cancer Research Foundation on behalf of NYRA.

There have been just five fillies who have been able to sweep the three races, Sky Beauty (1990), Open Mind (1989), Mom's Command (1985), Shuvee (1969), and Top Flight (1932).

Roultette Horseracing Betting News

<< Murray, Roddick win second-rounders in rainy Paris
Paris, France (Sportsbook Betting Lines) - Australian Open runner-up Andy Murray and last year's Wimbledon runner-up Andy Roddick each managed to reach the third round on a day when rain was the big winner at the 2010 French Open. The fourth-seeded

<< Jankovic, Dementieva advance at soggy French Open
Paris, France (Sportsbook Betting Lines) - On a Thursday dominated by rain, former top-ranked star Jelena Jankovic and former runner-up Elena Dementieva managed to sneak in second-round victories at the French Open. The fourth-seeded Jankovic was te

<< Di Carlo takes over at Sampdoria
Genoa, Italy (Sportsbook Betting Lines) - Domenico Di Carlo has been confirmed as the new coach of Sampdoria. Luigi Del Neri's departure to take the Juventus job last week left the Genoa club on the lookout for a new coach. Di Carlo left Chi

<< Howard, Tillman elected to college Hall of Fame
NEW YORK (AP) -Desmond Howard scored two of the most memorable touchdowns in the storied history of Michigan football and struck the pose that Heisman contenders have been mimicking since.Barry Alvarez resurrected a Wisconsin program that looked hop

<< Broncos' Stokley sidelined by shoulder injury
ENGLEWOOD, Colo. (AP) -Wide receiver Brandon Stokley was held out of Thursday's passing camp practice by the Denver Broncos, the latest workout he's missed because of a shoulder injury.Coach Josh McDaniels says Stokley has missed several of the team

Dodgers purchase contract of P Miller, designate Ortiz >>
Chicago, IL (Sportsbook Betting Lines) - The Los Angeles Dodgers purchased the contract of right-handed relief pitcher Justin Miller from Triple-A Albuquerque and designated veteran pitcher Ramon Ortiz for assignment Thursday. The 32-year-old Mil

Tillman, Howard headline 2010 College Football Hall of Fame class >>
New York, NY (Sportsbook Betting Lines) - Pat Tillman and Heisman Trophy winner Desmond Howard highlight the 2010 class for induction into the College Football Hall of Fame. A total of 12 players and two coaches from the Football Bowl Subdivi

Weeks' walk gives Milwaukee win in 10th >>
Milwaukee, WI (Sportsbook Betting Lines) - Rickie Weeks drew a game-winning walk with the bases loaded and two outs in the 10th, helping the Milwaukee Brewers rally for a 4-3 win over the Houston Astros in the rubber match of a three-game series

Cubs win pitchers' duel to take series with Dodgers >>
Chicago, IL (Sportsbook Betting Lines) - Tyler Colvin's run-scoring double in the bottom of the eighth inning proved to be the only offense, as the Chicago Cubs edged the Los Angeles Dodgers, 1-0, in the rubber match of a three-game series at Wrigley

Dave in Dixie headed to Belmont Stakes >>
Elmont, NY (Sportsbook Betting Lines) - California based colt Dave in Dixie will start in this year's 142nd edition of the $1 million Belmont Stakes on June 5. The addition of Ike and Dawn Thrash's three-year-old means that 11 will likely start i

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.