NASCAR takes further action against Kyle Busch

Autoracing Betting Lines

11/07/2011 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR fined Kyle Busch $50,000 and placed him on probation for the remainder of the calendar year for intentionally wrecking Ron Hornaday Jr. in last Friday's Camping World Truck Series race at Texas Motor Speedway.

The sanctioning body took initial action against Busch on Saturday by suspending him from the Nationwide and Sprint Cup Series races at Texas.

In issuing Monday's penalty against Busch, NASCAR said in a statement that "if during the remaining NASCAR events in 2011 there is another action by the competitor that is deemed by NASCAR officials as detrimental to stock car racing or to NASCAR, or is disruptive to the orderly conduct of an event, the competitor will be suspended indefinitely from NASCAR."

NASCAR also noted that the parking directive has been lifted, which will allow Busch to participate in next Sunday's Sprint Cup race at Phoenix International Raceway. Busch is not on the preliminary entry list for Saturday's Nationwide event at Phoenix.

On Sunday, Busch attended the 500-mile race at Texas, sitting atop his team's pit box and watching Michael McDowell drive his No. 18 Joe Gibbs Racing Toyota to a 33rd-place finish.

Busch fell from seventh to 11th in the Chase for the Sprint Cup point standings, as he became one of three drivers to be mathematically eliminated from championship contention. He is now 100 points behind leader Carl Edwards.

Basketvall Autoracing Betting News

<< Eskimos' Bowman highlights CFL players of the week
Toronto, ON (Sportsbook Betting Lines) - Edmonton Eskimos slotback Adarius Bowman headlined four players honored by the CFL for Week 19. Bowman was named offensive player of the week after catching 10 balls for 226 yards and two touchdowns in

<< Kaymer's inconsistent year
Philadelphia, PA (Sportsbook Betting Lines) - "It was an okay year. But, now it's a good year." Those were Martin Kaymer's own words after winning the WGC-HSBC Champions on Sunday. He won in his first start of 2011 in Abu Dhabi, had four other top-

<< Verdasco wins; Ferrero loses in Paris
Paris, France (Sportsbook Betting Lines) - Fernando Verdasco was among Monday's winners, while former world No. 1 Juan Carlos Ferrero came up a loser at the final ATP Masters event of the year, the $3.06 million BNP Paribas Masters in Paris. The forme

<< Havre de Grace finishes first in final NTRA Poll
New York, NY (Sportsbook Betting Lines) - A fourth-place finish in the 2011 Breeders' Cup Classic on Saturday did not prevent Havre de Grace from finishing atop the final NTRA Thoroughbred Poll for 2011. The four-year-old filly was the 4-1 sec

<< Paterno not a 'target' of child abuse probe
Harrisburg, PA (Sportsbook Betting Lines) - Pennsylvania Attorney General Linda Kelly said Penn State head football coach Joe Paterno is not a target of the ongoing investigation of former assistant Jerry Sandusky, who has been charged with numerou

Orioles set to introduce Dan Duquette >>
Baltimore, MD (Sportsbook Betting Lines) - After nearly a decade away from pro baseball, Dan Duquette will be introduced Tuesday morning as president of baseball operations for the Baltimore Orioles. Duquette was hired to replace Andy MacPhai

Cowboys WR Austin out with hamstring injury >>
Arlington, TX (Sportsbook Betting Lines) - Dallas Cowboys wide receiver Miles Austin is likely out for 3-to-5 weeks after suffering his second hamstring injury of the season during Sunday's game against Seattle. Austin injured his r

A New York twist to a Sunday of redemption >>
Philadelphia, PA (Sportsbook Betting Lines) - The New York Jets were in danger of relinquishing the mystique they'd worked so hard to create over the past two- plus years, even if the braggadocio never left. Eli Manning found himself in a similar scen

Colts TE Clark sidelined with leg injury >>
Indianapolis, IN (Sportsbook Betting Lines) - Indianapolis Colts tight end Dallas Clark will miss a few weeks due to a lower left leg injury suffered in Sunday's game against Atlanta. Clark exited Sunday's game in the second quarter,

Verdasco wins; Ferrero, Davydenko lose in Paris >>
Paris, France (Sportsbook Betting Lines) - Fernando Verdasco was among Monday's winners, while former world No. 1 Juan Carlos Ferrero and former champion Nikolay Davydenko came up losers at the final ATP Masters event of the year -- the $3.06 m

MySportsbook.com Releases World Series Championship Lines

New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.

"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."

Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.

"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."

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

About www.MySportsbook.com
MySportsbook.com is the foremost online sportsbook offering Internet wagering to its worldwide customers. Fully licensed and regulated in St. John’s, Antigua since 1997, MySportsbook.com offers a complete range of online casino games, sports betting lines, poker tournaments and horse racing offtrack betting daily through its portfolio of companies and managed services. With over 7 years of experience, MySportsbook.com has become one of the most respected companies in the gaming industry by providing unparalleled 24/7 customer support and timely payouts. MySportsbook.com is part of the SportingBet PLC group of companies that is publicly-traded on the London Stock Exchange ( LSE ) under the symbol SBT.L. MySportsbook.com provides a secure environment for sports and casino wagering and has been featured in numerous media outlets, including MAXIM Magazine, Cigar Aficionado, and CNN’s Paula Zahn Now among others.

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.