02/08/2010 - Philadelphia, PA (Sportsbook Betting Lines) - NASCAR officials originally set the theme for this year's Speedweeks at Daytona International Speedway last month when they told Sprint Cup Series drivers, "boys, have at it and have a good time." Officials said they were easing up on some on-track rules for drivers at Daytona to make racing more competitive and enjoyable for fans.
But after racing sensation Danica Patrick's announcement on Monday that her much-anticipated Nationwide Series debut has been bumped up one week earlier to Saturday's DRIVE4COPD 300 season-opener at Daytona, the main topic for Speedweeks now should be "girl, have at it."
Patrick initially was scheduled to make her Nationwide debut with JR Motorsports -- a team co-owned by Dale Earnhardt Jr. -- in the February 20 race at California, but her schedule now has changed due to her stellar performance in the ARCA event at Daytona this past weekend.
Yes. "Go Daddy Girl" quickly is moving up the ranks and playing with the big boys on the high banks of Daytona, and it should be an entertaining affair.
Patrick's readiness to make her foray into NASCAR's second-tier series at Daytona will be the subject of much debate from now until the green flag waves for the 300-mile event.
"I think it's quite the arena to run my first Nationwide race," Patrick said. "It's going to be a challenge."
Patrick looked impressive in her stock car racing debut with a sixth-place finish in the 80-lap ARCA event at Daytona. She held her pace and avoided a rash of accidents until former Formula One driver Nelson Piquet Jr. tapped her front fender and put her into a spin on the frontstretch just past the halfway point. Patrick rallied in the closing laps to become the highest finishing female at Daytona since Shawna Robinson recorded a second-place run in the 1999 ARCA race.
"It was good at the beginning; we were just kind of hanging out, and there was a lot of [cautions] obviously," Patrick said. "The car seemed like it was sliding around a bit more, and it feels like I got bumped into [turns] one and two.
"Then I kind of slid up the track, and I was a little loose in the kink anyway, which probably could have been from bumping behind in two. I just couldn't hang on. I went up the track a little, and I just got shuffled back."
Patrick said she wants to race more at Daytona after enjoying her ARCA experience there.
However, making her Nationwide debut at Daytona instead of California might pose more of a challenge for her than expected. With more than a dozen Sprint Cup regulars, including Earnhardt Jr., entered in the 300-mile event, can she hold up in the draft and avoid running into trouble?
Earnhardt Jr. seems to think she can do it.
"I really don't have the urge to give her a bunch of advice," Earnhardt Jr. said. "She's a smart racecar driver and probably has a great game plan already built up in her head. She doesn't need to have people telling her what to do so that she starts second-guessing herself."
With her enormous popularity and wide marketability, Patrick has been a racing icon since she began her IndyCar rookie season in 2005. Not only does Patrick hold the record as the only female to win an IndyCar race, but she also has graced Sports Illustrated's swimsuit issue the past two years and continues to serve as a GoDaddy.com spokesperson. The 27-year-old appeared in two commercials for the web hosting company during the Super Bowl. She will guest star on the CBS television hit drama "CSI: NY" on Wednesday.
Patrick has been the center of attention in NASCAR for quite some time, but her Nationwide debut at Daytona has now made "Danica-mania" even bigger.
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James van Riemsdyk a
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 sportsbook 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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