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08/29/2010 - Saratoga Springs, NY (Sportsbook Betting Lines) - Persistently, ridden by Alan Garcia, caught 2009 Horse of the Year Rachel Alexandra in late stretch to capture Sunday's $300,000 Personal Ensign Stakes at Saratoga Race Course. Winning trainer Shug McGaughey was also the conditioner of Personal Ensign.
Rachel Alexandra, with jockey Calvin Borel, was the 2-5 favorite in the five horse field. Delaware Handicap winner Life At Ten, ridden by John Velazquez, went off as the 9-5 second choice.
These two set the pace in the 1 1/4-mile stakes. Rachel was running in her first 1 1/4-mile race. The four-year-old filly took the lead out of the gate and was joined by Life At Ten.
These two females were far ahead of the other three runners. Rachel held the lead entering the far turn with Life At Ten to her outside.
Around the final turn the Horse of the Year moved clear of her main rival and opened a lead at the top of the stretch. As Life At Ten tired Persistently ranged up on the outside to move past the five-year-old mare.
In mid-stretch Rachel was clearly tiring, but still had the lead with a 100 yards to run. Persistently caught the favorite yards before the wire and posted a one-length victory over the four-year-old filly.
Life At Ten held on for third followed by Miss Singhsix and Classofsixtythree.
Persistently covered the 1 1/4-miles in 2:04.49 on a fast track.
Personal Ensign, a 1993 Hall of Fame inductee, was owned by the Phipps Stable which also owns this year's race winner. Previous Personal Ensign Stakes winners owned by the Phipps Stable and trained by McGaughey were Storm Flag Flying (2004), Heavenly Prize (1995) and Personal Business (1990).
Persistently notched her first stakes win with the Personal Ensign, the win was worth $180,000. The four-year-old chestnut filly is the winner of four of 14 career starts for $491,256.
Persistently returned $45.00, $8.10 and $3.60. Rachel Alexandra paid $2.30 and $2.10, and Life At Ten paid $2.10 to show.
The lost snapped Rachel's two race win streak and Life At Ten's six race winning streak.
"We are disappointed in the result," said Rachel's co-owner Jess Jackson, "as we are sure her countless fans are, but we are certainly not disappointed in her. She is still a superstar in our hearts and minds. The old sports adage applies - On any given Sunday, anything can happen."
<< Gonzalez homers twice as Rockies take series from Dodgers
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Dexter Fowler chipped in
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<< Uihlein wins U.S. Amateur Championship
University Place, WA (Sportsbook Betting Lines) - Peter Uihlein defeated David Chung, 4
& 2 on Sunday to win the 110th U.S. Amateur Championship at Chambers Bay.
It will be a happy 21st birthday for the Oklahoma State University star.
"I hope
Sanchez, Giants rally past Diamondbacks >>
San Francisco, CA (Sportsbook Betting Lines) - Freddy Sanchez had three hits, knocked
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Andres Torres added two h
Red Sox claim Napoli off waivers >>
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Farrior leaves game with head laceration >>
DENVER (AP) - Pittsburgh linebacker James Farrior has left the Steelers' game at Denver after suffering a head laceration.Farrior's helmet went flying when he helped stuff running back LenDale White for no gain on second-and-goal at the 2 early in t
USC safety Hall suspended indefinitely by Kiffin >>
LOS ANGELES (AP) -Southern California freshman safety Patrick Hall has been suspended indefinitely for failing to meet standards set out by coach Lane Kiffin.Kiffin said the punishment was not the result of an isolated incident but rather a ``combin
MySportsbook.com, Online Sportsbook and Casino, is celebrating our 9th football season online since our launch in 1997. MySportsbook.com has experienced exponential growth, having taken over $8 billion in Sports and Casino Wagers since we opened our doors.
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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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