Celtics, Lakers renew rivalry in Beantown

Basketball Betting Lines

02/09/2012 - (Sportsbook Betting Lines) - Pro basketball's most storied rivalry resumes in Beantown on Thursday, when the streaking Boston Celtics aim to complete a perfect five- game homestand versus the despised Los Angeles Lakers.

The Celtics (17) and Lakers (16) have accounted for 33 of the 65 NBA championships. Boston, of course, won its last title in 2007-08, when it disposed of the Lakers in six games during the NBA Finals. LA rebounded from there to win two consecutive crowns, including the '09-10 title at the expense of the C's in seven games.

Neither team has played like a powerhouse so far this season, however, with Boston looking up at Philadelphia in the Atlantic Division and the Lakers playing second fiddle to the Clippers in the Pacific.

The Celtics, however, have come on recently and enter tonight's game on a five-game winning streak, including Tuesday's 94-84 triumph over Charlotte.

Paul Pierce passed Larry Bird for second all-time on Boston's scoring list in that one when he scored 15 points to go along with nine assists and eight rebounds. With 21,797 career points, Pierce now trails only John Havlicek (26,395) in Celtics' lore.

"It was a relief. So much was hanging over me the last couple of days. Just hearing about it and knowing that you've got a game to play," said Pierce about passing Bird. "Just to be mentioned with him, with this organization, is a great honor."

Kevin Garnett led the Celtics against Charlotte with 22 points and Ray Allen chipped in 17. Rajon Rondo added a double-double with 10 points and 14 assists for the Celtics, who have won nine of their last 10.

The Lakers, meanwhile, have fallen to 1-2 on their annual Grammy road trip after Monday's 95-90 setback to the Sixers in South Philly.

Kobe Bryant scored 24 points on 4-of-6 shooting from three-point range in the first half of that one but struggled after intermission. The superstar ended with 28 points and surpassed former teammate Shaquille O'Neal for fifth place on the NBA's all-time scoring list. Bryant now has 28,601 career points. Wilt Chamberlain currently sits comfortably ahead in fourth place with 31,419 points.

"It's a huge honor," Bryant said of his latest accomplishment. "I've been very fortunate."

Andrew Bynum poured in 20 points and pulled down a game-best 20 rebounds as LA dropped its second straight contest.

"They just came after him immediately," assistant coach John Kuester, who was piloting the Lakers for the suspended Mike Brown, said, "and to Kobe's credit, what he did was try to get everyone involved. We had some great hits. When you are coming down to the end of the game, your margin of error is very small, and you have to take advantage of that. Things just didn't go our way."

Brown will be back on the bench tonight as LA tries to improve on its shaky 3-9 road mark.

LA has won three straight and five of its last six in Beantown during the regular season.

These two teams will meet again in Staples Center on March 11.

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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.