Liverpool adds Wilson from Rangers

Soccer Betting Lines

07/21/2010 - Liverpool, England (Sportsbook Betting Lines) - Rangers teenager Danny Wilson has completed his transfer to Liverpool after signing a three-year contract with Roy Hodgson's side.

The 18-year-old, who won the SFA and Football Writers' Young Player of the Year awards last season, passed his medical at Anfield on Wednesday afternoon.

He said after sealing his switch to the Reds: "It's a great feeling to sign for Liverpool. Wherever you go everyone knows Liverpool FC and I'm just very happy to be here.

"This is a massive challenge for me. This is one of the best leagues in the world and I'll be playing for one of the biggest teams in the world.

"Coming here from Scotland, people may say I might not be ready for this, but that's a challenge I want to put on myself and that's the reason I came here."

Wilson made his debut for Walter Smith's side nine months ago and went on to start 24 first-team matches for the Gers last season."

(Courtesy of sportbox.tv)

Wwwsingaporeair Soccer Betting News

<< Ajax ends talks with Bayern Munich over Van der Wiel
Amsterdam, Netherlands (Sportsbook Betting Lines) - Ajax has put an end to talks with Bayern Munich about the sale of defender Gregory van der Wiel, according to the Amsterdam club. Bayern manager Louis van Gaal was hoping to add the right back

<< Boston's Buchholz returns to rotation
Oakland, CA (Sportsbook Betting Lines) - Boston Red Sox pitcher Clay Buchholz returns to the rotation Wednesday, as he has been activated from the 15-day disabled list to start against the Oakland Athletics. Buchholz landed on the disabled list in l

<< Eduardo signs for Shakhtar Donetsk
Kiev, Ukraine (Sportsbook Betting Lines) - Croatian striker Eduardo signed a four-year contract on Wednesday with Shakhtar Donetsk, bringing to an end his time at Arsenal. The move is believed to have cost Shakhtar a reported $9 million, and it

<< Cech sidelined for one month with calf injury
London, England (Sportsbook Betting Lines) - Chelsea confirmed on Wednesday that goalkeeper Petr Cech will miss the next month because of a calf injury that he sustained in training on Tuesday. "Scans have shown Petr Cech has torn a calf mu

<< Bacsinszky moves into quarters in Austria
Bad Gastein, Austria (Sportsbook Betting Lines) - Second-seeded Timea Bacsinszky recorded a comeback win Wednesday to reach the quarterfinals at the Gastein Ladies tennis tournament. The Swiss Bacsinszky dropped the first set to qualifier

Inter signs Ranocchia to new contract >>
Milan, Italy (Sportsbook Betting Lines) - Inter Milan manager Rafa Benitez has completed the signing of Genoa defender Andrea Ranocchia on a long-term deal. The 22-year-old central defender teams up with the San Siro giants after spending the pr

Arsenal hands new deal to teenager Coquelin >>
London, England (Sportsbook Betting Lines) - French teenager Francis Coquelin has signed a new long-term contract with Arsenal, who have confirmed that the 19-year-old will spend the 2010-11 campaign on loan with Lorient. The midfielder made three f

Marlins designate Robertson, put Hayes on DL >>
Miami, FL (Sportsbook Betting Lines) - The Florida Marlins designated Nate Robertson for assignment Wednesday, a day after the starter struggled against the Colorado Rockies. He allowed eight runs (seven earned) in five innings and took the los

Champions League to use more officials >>
Cardiff, Wales (Sportsbook Betting Lines) - The Champions League will follow the Europa League's lead and have two extra assistant referees for the 2010-11 and 2011-12 campaigns. The International Football Association Board (IFAB) has sta

Lukas has Mine That Bird work at Saratoga >>
Saratoga Springs, NY (Sportsbook Betting Lines) - Former Kentucky Derby winner Mine That Bird put in a one-mile workout Wednesday morning at Saratoga Race Course. The four-year-old gelding is being readied for a start in the Whitney Handicap next mo

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.