I'll Have Another surprises to win Robert B. Lewis Stakes
Horseracing Betting Lines
02/04/2012 - Arcadia, CA (Sportsbook Betting Lines) - I'll Have Another, the longest shot in the field, pulled an upset in Saturday's $200,000 Robert B. Lewis Stakes at Santa Anita Park. The 1 1/16-mile stakes is a stepping stone to the $750,000 Santa Anita Derby on April 7.
Sent off as the 43-1 outsider in the eight-horse field, I'll Have Another was racing second up the backstretch behind pacesetter Isn't He Clever. Liaison, the 3-2 favorite, was running in third in the early going and fourth on the backstretch.
I'll Have Another, ridden by Mario Gutierrez, continued to press the pace as the field entered the far turn. Coming into the stretch Isn't He Clever was joined by I'll Have Another on the lead, but the eventual winner went past the pacesetter down the stretch.
I'll Have Another, trained by Doug O'Neill, hit the wire 2 3/4-lengths to the good over 11-1 longshot Empire Way. Groovin' Bob was third followed by Rousing Sermon, Isn't He Clever, Sky Kingdom and Chips All In. Liaison clipped heels and lost his jockey inside the furlong pole. Groovin' Bob was disqualified to last for interference in midstretch.
"He's an incredibly talented colt and we decided to take a chance in here," the winning trainer noted. "We thought he could hit the board and we'd move forward, but he ran unbelievable. Mario (Gutierrez) gave him a great ride. He's always trained fantastic, but we never saw this coming to be honest with you. This is incredible. We'll look at the Santa Anita Derby if all goes well."
The time for the Lewis Stakes was 1:40.84 on a fast track.
I'll Have Another, owned by Reddam Racing, notched his first win since beginning his career with a victory last July at Hollywood Park. Saturday's win was worth $120,000. The chestnut colt followed his initial win with a second in the Best Pal Stakes in August and a sixth at Saratoga in the Hopeful. His earnings now stand at $184,000.
"We bought him at the OBS (sale) in April of last year and we've loved him since Day One," said Dennis O'Neill, the trainer's brother and associate. "He trained like a really good horse from Day One, trained like a two-turn horse from Day One. He came out of his Saratoga race with sore shins, so when we got him back going, Paul (owner J. Paul Reddam) said to take our time with him. We paid $35,000 for him. It's great for Paul. Paul's put a lot of money in the game and this is fantastic for Paul."
I'll Have Another returned $88.60, $35.80 and $12.00. Empire Way paid $11.80 and $6.20, and Rousing Sermon paid $3.40 to show.
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"I am
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.