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07/15/2010 - St. Andrews, Scotland (Sportsbook Betting Lines) - John Daly has played golf all over the world the last few years in search of his form that helped him earn five PGA Tour victories.
Daly came from out of nowhere to win the 1991 PGA Championship and that helped kick start his career. In 1995, he needed extra holes to claim his second major championship title at the British Open.
At St.Andrews in 1995, Costantino Rocca made a miraculous birdie from the Valley of Sin on the 72nd hole to force a playoff with Daly.
Daly birdied the second playoff hole, while Rocca three-putted for bogey. The Italian tried to force a shot close to the hole on 17 and found the Road Hole bunker. Three shots later, Rocca finally was out of the sand, but also out of the championship.
Daly won the playoff by four strokes. It was his second major championship title, but last victory until the 2004 Buick Invitational.
The 44-year-old has made the cut in eight of his 14 worldwide starts this year, yet hasn't finished inside the top-20 all season.
He made one start on the Nationwide Tour, in his home state, and posted his best finish of the year there when he tied for 22nd.
Daly flew out of the gate Thursday at St. Andrews with birdies on one and two. After a birdie on the sixth, he poured in four straight birdie chances from the eighth to jump to seven-under.
He settled in with five pars in a row from the 12th. At the Road Hole, No. 17, Daly hit a huge drive down the fairway off the tee, but missed the green to the right. He pitched to eight feet, but missed on the left edge.
And that was the story of Daly's back nine. He had 12 feet for birdie on 15, but missed. At the 16th, his 10-footer slid by the right edge.
His bogey on 17 dropped him to minus-six and into a share of the lead at the time. Daly's drive at the last was close enough to the green that he was able to putt his second.
That putt got within 10 feet of the hole, but Daly again was unable to covert as his birdie effort at the last lipped out to give him his fourth 66 of the season.
The last time Daly shot 66 at the Open Championship was in 1993, in the second round at Royal St. George's. It also matched his career-low in a major.
Daly also posted a 66 at the 1997 PGA Championship.
With near-perfect scoring conditions early in Thursday's first round, Daly exited the course in second place and on pace for his best finish in a major since sharing 15th at St. Andrews in 2005.
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McIlroy posts record-tying 63 at St. Andrews >>
St. Andrews, Scotland (Sportsbook Betting Lines) - Rory McIlory said the thought crept
into his head on 17 that he could set or match the low round in a major.
He missed his four-footer for birdie on 17, but closed with a three-foot
birdie put
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McIlroy posts record-tying 63; Woods four back >>
St. Andrews, Scotland (Sportsbook Betting Lines) - Rory McIlory said the thought crept
into his head on 17 that he could set or match the low round in a major.
He missed his four-footer for birdie on 17, but closed with a three-foot
birdie put
Pierce makes it official, re-signs with Celtics >>
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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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Reasons to Play There: A little tip for you all.. This is a sportsbook promotions that has a tremendous volume of players. They also offer an online poker room. Many of these sports bettors hop over to the poker room once the days games are over. Many of these sports bettors are just that and NOT good poker players. In summary, often times you'll be able to get into some lower limit games with some very ripe fish in the late evening hours resulting in some very easy pickin's and nice wins.
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