Cubs should stop pretending they're contenders

Baseball Betting Lines

07/15/2010 - Philadelphia, PA (Sportsbook Betting Lines) - It's been a typical summer along the North Side of Chicago. The sun is shining, the bleachers and rooftops that surround the incomparable Wrigley Field are packed to the gills, and the beer pours endlessly from the watering holes neighboring one of the grand spectacles in all of baseball.

October's going to have a familiar feeling for Cubs fans as well, with their beloved and star-crossed club in the midst of yet another season of unmet expectations. After losing three of four games to the Los Angeles Dodgers over the weekend, Chicago limps into the All-Star break with a 39-50 record completely unfitting of a team carrying the highest payroll in the National League.

This current outfit, now 9 1/2 games back of the resurgent Cincinnati Reds for first place in the NL Central, also bears little resemblance to the budding juggernaut that won a league-best 97 times during the 2008 regular season. It hasn't even been able to match the (under) achievements of last year's toxic group that went 83-79 as the prohibitive favorites to repeat as division champs.

A lack of clubhouse chemistry helped sabotage the 2009 squad, and this year's Cubs have yet to find the right combination as well even after weeding out the bad seeds -- namely combustible outfielder Milton Bradley -- during an offseason house cleaning. Chicago has looked both lifeless and in decline for the better part of the past 2 1/2 months, either too old or too disinterested to make the run necessary to challenge the Reds and St. Louis for division supremacy.

Even manager Lou Piniella, renowned for his intensity and passion to succeed, seems to have lost some of his trademark fire. Makes you wonder if the longtime skipper, who's in the final year of his contract, is ready to trade in the grueling road trips and draining summer days of July and August for the golf courses and shuffleboard tables many soon-to-be 67-year-olds are enjoying these days.

Piniella may not be the only member of the organization with numbered days. This season's performance has clearly put much-maligned general manager Jim Hendry's fanny on the hot seat, especially since he wasn't hired by first-year owner Tom Ricketts, while a host of high-priced veterans could be jettisoned by the July 31 non-waiver trade deadline if the new regime chooses to slash payroll and commit to a more youth-oriented movement.

For what it's worth, Ricketts did issue a public declaration of confidence for his GM last week, just as the record should show that Hendry's two main offseason moves have each paid off handsomely so far. He unloaded the controversial Bradley to Seattle in exchange for pitcher Carlos Silva, who's emerged as the club's most dependable starter, while free-agent acquisition Marlon Byrd ranks among the NL's leading hitters and garnered his first career All-Star selection with a terrific first half.

"I'm not going to assign blame to anyone or anything," Ricketts recently stated. "The fact is when we came into the season, we had what appeared to be a pretty strong lineup. It hasn't worked out for whatever reason."

Ricketts has a point. A powerful Chicago offense that topped the NL in runs scored during the 2008 campaign no longer strikes fear in the hearts of opposing pitchers, even with several core players still on the roster. The Cubs entered the break 14th in the Senior Circuit in scoring and 13th in on- base percentage, and were shut out for the sixth time in the past 22 games after a 7-0 setback to the Dodgers on Sunday.

While the decision to become sellers should be an easy one, unloading some of Chicago's pricey players figures to be a greater challenge. First baseman Derrek Lee and third baseman Aramis Ramirez, both of whom have struggled mightily as the expected middle-of-the-order anchors, will be tough to deal due to hefty contracts that don't reflect their eroding skills. Same goes for outfielder Kosuke Fukudome, one of Hendry's personnel missteps who's lost substantial playing time to promising rookie Tyler Colvin in recent weeks.

Then there's the curious case of Carlos Zambrano, the Cubs' one-time ace presently serving a team-issued suspension for a dugout blowup in late June. The team would likely be thrilled to rid itself of the volatile right-hander, but chances are the market's pretty dry for a pitcher with a 5.66 ERA and obvious maturity issues who's still owed nearly $38 million over the next two years.

Even Chicago's most attractive trade chip, left-hander Ted Lilly, has seen his value plummet after getting roughed up for 16 runs and serving up five homers in his final two starts before the All-Star break.

Laying the groundwork for a transition phase won't be an easy task for the Cubs, nor will contending with a frustrated fan base that's endured a lifetime's worth of heartache. But the last 1 1/2 years have proved that the status quo simply isn't good enough for baseball's unluckiest franchise, and a shakeup seems to be the only real recourse.

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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.