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07/30/2010 - Philadelphia, PA (Sportsbook Betting Lines) - When Roy Oswalt puts on his Phillies uniform for the first time, he might have to check to make sure it is his name on the back of the jersey rather than what everyone in Philadelphia will be calling him for the rest of 2010.
Will "Not Cliff Lee" even fit on a jersey?
Oswalt has to be excited to go from a last-place club to one that is within arm's-reach of first place in the National League East, a Phillies team coming off back-to-back World Series appearances and figures to be the favorite to get to a third in a row now that they have added Oswalt from the Astros.
What the three-time All-Star won't be a fan of is the position he is in; that of replacing former fan favorite Lee, even if it is seven months after Lee left town. Oswalt can thank Philadelphia general manager Ruben Amaro Jr. for that awkwardness.
Amaro's decision to trade Lee, who was dominant for the Phillies after being acquired from the Indians before last year's non-waiver trade deadline, to Seattle in December was an unpopular one, even if it did get the club its current ace, Roy Halladay, from Toronto in the same four-team deal.
Amaro said that with Halladay, there could be no Lee. Philadelphia had given up too many prospects -- four to Cleveland in the original deal and another three to Toronto for Halladay -- and that shipping off Lee to the Mariners for Phillippe Aumont, Juan Ramirez and Tyson Gillies was designed to keep the team competitive for years to come by restocking the minor league system. He took this stance even knowing that a 2010 rotation of Halladay, Lee and Cole Hamels would have been perhaps the best in baseball.
Little has gone right for Amaro since.
Outside of Halladay and Hamels, the Phillies' rotation has been a mess, hindered by underperformance and injury. Joe Blanton has an earned run average just under six and Kyle Kendrick has tortured the Phils with inconsistency. J.A. Happ missed three months due to injury and veteran Jamie Moyer's 2010 season is over due to an elbow injury.
So you can imagine the uproar when word started to leak out that the Phillies were looking to add starting pitching help, a move that would certainly cost them some of their so-called minor league depth.
Even after Philadelphia acquired Oswalt, a 32-year-old righty with 143 wins and playoff experience, everyone continued to ask the same question: why didn't they just keep Lee?
"We can rehash this if you like," Amaro said on Thursday. "We had negotiations with Cliff. We were not comfortable he would be on our club past 2010. We designed a trade that would not only replenish our farm system, but would give us an opportunity to keep a No. 1 pitcher [Halladay] in our system beyond 2010.
He later added, "[With] this particular trade [for Oswalt], we have the ability under our terms to keep this No. 1 starter in our system not just for 2010, but in 2011 under our terms, and perhaps beyond that."
In Oswalt, Amaro sees redemption for not keeping Lee. In reality, all he has done is put an innocent outsider looking to win a title into the cross hairs of every Phillies fan who wanted to keep Lee.
If Oswalt losses a game 2-1, Lee would have won it 1-0. If Oswalt serves up a home run to center field, it would have been a pop up had Lee been on the mound.
Amaro, and by extension Oswalt, will be deemed failures if the Phillies don't capture their second title in three years. Imagine if Philadelphia battles the very capable Texas Rangers, Lee's new team, in the World Series and loses.
Lee's trade to the Rangers also made Amaro look bad, given the return the Mariners got for the future free agent. While Amaro netted a trio of prospects who have gotten lost in the system this year, the Mariners received Justin Smoak as part of the four-player package. Smoak, the 11th overall pick of the 2008 draft, was rated as Texas' second-best prospect by Baseball America and is already playing in the majors.
In Amaro's defense, the players he sent to the Astros for Oswalt -- Happ and minor leaguers Anthony Gose and Jonathan Villar -- aren't going to make Phillies fans weep, especially considering Philadelphia reportedly got $11 million from Houston in the deal to offset some of the cost for Oswalt.
Still, the loss of Happ, a 27-year-old hurler with 12 wins and a 2.98 ERA in 31 career starts, seems to contradict Amaro's idea of young depth for the long haul. Had Amaro kept Lee, he would still have Happ, Hamels and Halladay and could have netted some compensation picks for losing Lee this offseason as a free agent.
What's done is done, however, and Amaro has still gotten himself a player that greatly increases Philadelphia's chances at getting back to the Fall Classic. Amaro just shouldn't expect that the move, in and of itself, constitutes total atonement.
<< Packers ink first-round pick Bulaga
Green Bay, WI (Sportsbook Betting Lines) - The Green Bay Packers have signed first-round
draft pick Bryan Bulaga.
The Green Bay Press Gazette is reporting that the offensive lineman has signed
a five-year deal worth $14.75 million, with $8.76 million
<< Dolphins sign ex-Saints DE Grant
Davie, FL (Sportsbook Betting Lines) - The Miami Dolphins have signed defensive end
Charles Grant.
Terms of the deal were not released, but the Palm Beach Post reported
Wednesday that the contract is for two years and is worth $4.5 milli
<< Youzhny ousted in Gstaad quarters
Gstaad, Switzerland (Sportsbook Betting Lines) - Top seed Mikhail Youzhny was a
quarterfinal upset victim Friday at the Swiss Open Gstaad.
Qualifier Yuri Schukin upended his world No. 14 fellow Russian Youzhny 6-4,
2-6, 7-5 in 2 hours, 12
<< Revs searching for league success against Union
Chester, PA (Sportsbook Betting Lines) - New England has won four straight games without
allowing a goal, but just one of those matches was in Major League Soccer. The
Revolution hope to build on their SuperLiga success in league play Saturday at
PPL Par
Celtic signs McCourt to new three-year contract >>
Glasgow, Scotland (Sportsbook Betting Lines) - Northern Ireland winger Paddy McCourt
signed a new three-year contract with Celtic on Friday.
McCourt, 26, had one year left on his current deal. He joined Celtic in 2008,
and has three goals in 19 a
Iupati joins Davis, Mays and Bowman as Niners picks to sign >>
Santa Clara, CA (Sportsbook Betting Lines) - The San Francisco 49ers completed the
signings of their 2010 draft class on Friday, as guard Mike Iupati followed
offensive tackle Anthony Davis, safety Taylor Mays and linebacker Navorro
Bowman,
Cardinals sign LB Washington >>
Tempe, AZ (Sportsbook Betting Lines) - The Arizona Cardinals have signed linebacker
Daryl Washington to a four-year contract, the team announced Friday. Financial
terms of the deal were not released.
Washington was Arizona's second-round pick, 47
Jets sign Ryan, Tannenbaum to extensions >>
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets announced Friday they
have signed head coach Rex Ryan and general manager Mike Tannenbaum to
contract extensions that will keep them with the club through the 2014 season.
Tann
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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.
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