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10/25/2011 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR handed down stiff penalties to three Sprint Cup Series teams for rules violations that were discovered during last Friday's opening day inspection at Talladega Superspeedway.
According to a news release from NASCAR on Tuesday, the Michael Waltrip Racing No.00 and No.56 teams and the JTG Daugherty Racing No.47 team were penalized for "unapproved modification to an approved windshield."
NASCAR confiscated the windshields from the cars of David Reutimann (No.00), Martin Truex Jr. (No.56) and Bobby Labonte (No.47). All three teams replaced the windshields on the cars before Friday's first practice session began.
Crew chiefs Rodney Childers (Reutimann), Frank Kerr (Labonte) and Chad Johnston (Truex) have each been fined $50,000 and suspended for the last four Sprint Cup races this season -- Martinsville, Texas, Phoenix and Homestead. Car chiefs Steve Channing (Reutimann), Raymond Fox (Labonte) and Anthony Lunders (Truex) also received the same suspension period.
Reutimann, Labonte and Truex were each penalized 25 driver points. Car Owners Rob Kauffman (No.00), Tad Geschickter (No.47), and Michael Waltrip (No.56) received a loss of 25 points as well.
Neither MWR nor JTG Daugherty plan to appeal.
"Michael Waltrip Racing is ultra-sensitive and very serious about working within the guidelines of NASCAR policy," the team said in statement. "We do not condone this type of activity and as such we will take appropriate internal corrective action immediately. We thank NASCAR for providing a fair and equitable platform for all of its competitors and respect its decisions; therefore, we will not appeal."
MWR announced that Bobby Kennedy, the team's executive vice president of race operations, will take over crew chief duties for the No.00. Mechanic Chris Hall will serve as the car chief.
For the No.56 team, Pat Tryson will step into the crew chief role this weekend at Martinsville. Allen Mincey, who is also a mechanic for MWR, will serve as car chief.
JTG Daugherty, which is affiliated with MWR, also revealed its personnel changes. Team chief race engineer Brian Burns has been named the interim crew chief for the No.47. Bob Bechstein will move into the car chief role.
"We are very disappointed in this entire situation, and we will not appeal NASCAR's ruling," JTG Daugherty Racing co-owner Brad Daugherty said in a statement. "We look forward to racing at Martinsville Speedway this weekend and getting ready for next season."
<< New York, Dallas kick off MLS playoffs
Frisco, TX (Sportsbook Betting Lines) - Having narrowly secured a playoff berth in its
final regular season match, Red Bull New York heads to Pizza Hut Park for its
wild-card match against FC Dallas on Wednesday, and coach Hans Backe is
looking
<< Xavi lifts Barcelona over Granada
Granada, Spain (Sportsbook Betting Lines) - Xavi scored in the 33rd minute and Barcelona
edged Granada 1-0 on Tuesday to return to the top of the La Liga standings.
Barca controlled nearly 75 percent of possession and did not allow one shot on
goal fr
<< Redskins place Cooley, Hightower on IR
Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins placed tight end Chris
Cooley on season-ending injured reserve Tuesday.
In addition, the Washington Post reported that running back Tim Hightower was
also placed on IR.
Hightower s
<< Shamrock repeats as Irish champions
Dublin, Ireland (Sportsbook Betting Lines) - Shamrock secured its second straight Irish
Premier League championship Tuesday as Dean Kelly scored in the 90th minute of
a 2-1 win over UCD.
Ken Oman put Shamrock into the lead in the 68th minute, but Rob
Brewers P Narveson has surgery >>
Milwaukee, WI (Sportsbook Betting Lines) - Milwaukee Brewers pitcher Chris Narveson had
surgery on his left hip, the team announced on Tuesday.
Narveson went 11-8 with a 4.45 earned run average in 30 games (28 starts) for
the NL Central champion Bre
Solo, Wambach on short list for Ballon d'Or >>
Zurich, Switzerland (Sportsbook Betting Lines) - U.S. women's forward Abby Wambach and
goalkeeper Hope Solo were among the 10 players named to the short list for the
2011 FIFA Ballon d'Or on Tuesday, the award given to the world's best player.
Wamba
Schalke's Fahrmann undergoes knee surgery >>
Gelsenkirchen, Germany (Sportsbook Betting Lines) - Schalke goalkeeper Ralf Fahrmann has
undergone successful knee surgery to repair his medial and anterior cruciate
ligaments, and will be sidelined for several months.
Fahrmann suffered the injury i
Vikings' Chris Cook charged with felony domestic assault >>
Minneapolis, MN (Sportsbook Betting Lines) - Minnesota Vikings cornerback Chris Cook
was charged Tuesday with felony domestic assault by strangulation.
Cook was booked into the Hennepin County jail early Saturday for allegedly
attacking his gi
LaDainian Tomlinson Favorite to be 2007 NFL MVP
With the first NFL preseason game less than two weeks away, it is time to start thinking about football once again at MySportsbook.com. Reigning NFL MVP LaDainian Tomlinson is currently the 5-1 co-favorite to win the award again alongside Super Bowl MVP Peyton Manning.
This shouldn’t be a surprise to anyone after his all out assault on the record books last season. For those suffering from amnesia or were under a rock last football season, all L.T. did last season was set the NFL record for rushing touchdowns (28), total touchdowns (31) and total points scored (186) to go along with his 1815 rushing yards and 508 receiving yards. At 6-1, Tom Brady is next in line which isn’t surprising considering all of the firepower the Pats added over the off-season. With the addition of Randy Moss, Donte Stallworth and Wes Welker; it would be quite difficult for Brady’s numbers not to improve from last years 3529 yards and 24 touchdowns. There appears to be some decent value in Drew Bees at 10-1 considering he probably would have won the award last year if it wasn’t for L.T.’s record breaking season.
There is no reason to think the Saints will come back to earth this season and playing in a weak NFC, they should have as good a shot as any to represent the NFC in the Super Bowl. At 15-1, Donovan McNabb could also be worth a look. Remember, many felt he was the MVP of the first half of the season before going down with a season ending injury. Reportedly, he is in great shape and well ahead of schedule to return to form. Also, he could have some added motivation to put up big numbers this season with the Eagles using their first pick in the draft on McNabb’s future successor Kevin Kolb.
Be sure to log on to MySportsbook.com to check out the complete odds for NFL MVP as well as all of the new football related futures. With the popularity of NFL futures, these betting lines will be sure to change as the money comes in; get the early sports lines now.
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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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