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03/09/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Another year and another championship for Kansas, which captured its sixth straight Big 12 regular-season crown with a 15-1 finish. The No.1 ranked Jayhawks are the top-seed for the sixth time in the 14-year history of the Big 12 Tournament and they received a bye in the first round. Also earning first-round byes are Kansas State, Baylor and Texas A&M, as they all finished tied for second at 11-5. After the tie-breakers were worked out, the Wildcats landed the second seed followed by the Bears and Aggies.
The Missouri Tigers will begin their title defense in the first round, as they placed fifth in the conference at 10-6. Texas and Oklahoma State tied for sixth at 9-7, with the Longhorns grabbing the sixth seed and the Cowboys the seventh. The bottom five teams all had losing records in the conference and were seeded accordingly. The winner of this annual event moves on to the NCAA Tournament with an automatic bid.
The 14th-annual Big 12 Tournament gets underway at the Sprint Center on Wednesday, with the ninth-seeded Texas Tech Red Raiders clashing with the eighth-seeded Colorado Buffaloes. This is a rematch of Saturday's regular- season finale in which Colorado won a 101-90 shootout in Boulder. The Buffs won their last three games of the regular campaign, while the Red Raiders have dropped seven in a row heading into the postseason. Neither of these teams have won this tourney, and Texas Tech has captured both prior meetings with Colorado in the event.
The fifth-seeded Missouri Tigers defend their title against 12th-seeded Nebraska in the second game of the first round. The Tigers, as the third seed, won their first-ever Big 12 Tournament championship last season and went on to the Elite Eight of the Big Dance. Missouri, which has posted back-to-back 10- win campaigns in the Big 12 for the first time since 1999-00, is 15-12 all- time in this event. This is the sixth time Missouri and Nebraska are meeting in the Big 12 Tournament, with the Huskers winning the last two encounters. The Huskers though, finished with a league-worst 2-14 mark and they are just 1-9 over their last 10 outings.
Bitter rivals come together in the third game, as the 10th-seeded Oklahoma Sooners tussle with the seventh-seeded Oklahoma State Cowboys. One year removed from an outstanding campaign, the Sooners disappointed big time due to injuries and inconsistency, finishing just 4-12 within the conference. Oklahoma enters the postseason riding an eight-game losing streak and will need to win this event in order to avoid its first losing campaign since 1981. The Cowboys meanwhile, were the only Big 12 team to defeat Kansas, as they knocked off the top-ranked Jayhawks, 85-77, on February 27th. Oklahoma State features the Big 12 Player of the Year in James Anderson, who will try to carry the program to its first title in this tourney since 2005.
First-round play wraps up with the sixth-seeded Texas Longhorns taking on the 11th-seeded Iowa State Cyclones. The Longhorns soared to No.1 in the nation at one point this season, but fell on hard times down the stretch and finished the regular campaign outside the Top 25. Still, Texas had enough to reach the 20-win plateau for the 11th straight season at 23-8 overall. The Longhorns are 17-13 all-time in this event and despite five championship game appearances, they have never won the title. Iowa State meanwhile, is coming off another poor showing with just a 4-12 mark within the conference. The Cyclones, however, ended a 21-game losing streak to ranked opponents with a triumph of Kansas State on Saturday. In 2000, Iowa State won this tourney, but it hasn't had much luck since.
The top-ranked and top-seeded Kansas Jayhawks will make their tourney debut in the quarterfinals on Thursday, as they await the winner of Texas Tech/Colorado pairing. The Jayhawks are the face of the Big 12, having won or shared 10 of the 14 regular-season titles while capturing this tourney on six occasions. Kansas has won at least 11 games each season since in the inceptions of the Big 12 in 1996-97 and they have notched 15 league victories on four occasions. The Jayhawks, who are 29-2 overall, own a 25-7 record in this event, but had their run of three-straight titles stopped last season.
Once the doormat of the Big 12, the fourth-seeded Texas A&M Aggies are now consistent contenders for a top finish. The Aggies earned a first-round bye for the third time in five years following a run in which they were never seeded higher than seventh. Texas A&M though, has only three wins in this event and that ranks last of any member. The Aggies, who have registered six straight 20-win campaigns, will tussle with the winner of the Nebraska/Missouri matchup.
The quarterfinal round continues with second-seeded Kansas State hooking up with the survivor of the Oklahoma/Oklahoma State pairing. The No.2 seed is the program's highest in the Big 12 Championship, as Kansas State earned a first- round bye for the fourth straight season. The Wildcats 24 overall wins and 11 conference victories are their most since the 1987-88 campaign. The team, though, is just 7-13 all-time in this event and has yet to even reach the finals.
The third-seeded Baylor Bears had a terrific run in this tourney last season and will collide with the victor of the Iowa State/Texas clash in the quarterfinals. As the ninth seed last season, the Bears played the role of giant-killer, advancing all the way to the finals before losing to Missouri. Baylor took that experience and applied it to this season, capturing 11 conference wins for the first time in Big 12 history. With that came the program's highest seed and first bye in this event.
<< 2010 Atlantic Coast Conference Tournament Preview
Philadelphia, PA (Sportsbook Betting Lines) - The 57th-annual Atlantic Coast Conference
Tournament is on tap this week from the Greensboro Coliseum and will run from
opening round action on Thursday, March 11th through the championship game on
Sunday, Ma
<< Nathan has significant ligament tear
Minneapolis, MN (Sportsbook Betting Lines) - Minnesota Twins closer Joe Nathan
reportedly has a significant ligament tear in his right elbow.
The Minneapolis Star-Tribune said tests revealed damage to the ulnar
collateral ligament.
<< Kings cruise past listless Blue Jackets
Los Angeles, CA (Sportsbook Betting Lines) - Jonathan Quick needed to stop just 11 shots
for his third shutout of the season and Los Angeles scored four first-period
goals on its way to a 6-0 clobbering of Columbus.
Alexander Frolov had a goal and t
<< Wofford beats Appalachian State, earns first NCAA berth
Charlotte, NC (Sportsbook Betting Lines) - Cameron Rundles had 20 points to help Wofford
capture the Southern Conference Tournament title with a 56-51 win over
Appalachian State.
The Terriers (26-8) captured their first title and gained the au
2010 Conference USA Tournament Preview >>
Philadelphia, PA (Sportsbook Betting Lines) - For the first time in five years, someone
other than Memphis is the top seed in the Conference USA Tournament, as the
Texas-El Paso Miners won the regular-season title with a 15-1 finish. Winners
of 14 straig
Rockets take fading playoff push to Washington >>
(Sportsbook Betting Lines) - The chances of the Houston Rockets making the playoffs are
fading like a flattop. Tonight they'll have to get past the Washington Wizards
at the Verizon Center and hope for some help around the league.
Houston is 4 1/2 gam
Streaking Magic hope to make Clippers disappear >>
(Sportsbook Betting Lines) - The acquisition of Vince Carter has paid off so far for
Eastern Conference power Orlando, which will shoot for its sixth straight win
tonight versus the Los Angeles Clippers in the second test of a three-game
homestand at Amw
Sixers, Pacers clash in Indy >>
(Sportsbook Betting Lines) - The Philadelphia 76ers finally got off the schneid with a
big win at Toronto this weekend, and hope that carries over into Tuesday's
road bout against the Indiana Pacers at Conseco Fieldhouse.
Philadelphia was able to snap
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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.
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