Miyazato replaces Kerr as women's No. 1

Golf Betting Lines

07/19/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Ai Miyazato has replaced Cristie Kerr atop the world rankings for women's golf.

The two players are just about tied, with Miyazato holding a lead of 0.0006 average points over Kerr.

Kerr snatched the No. 1 ranking from Miyazato for three weeks after winning the LPGA Championship. Miyazato previously held the top spot for a week after her victory at the ShopRite LPGA Classic.

They remain members of an exclusive club. Since the world rankings began in 2006, only Annika Sorenstam, Lorena Ochoa, Jiyai Shin, Miyazato and Kerr have held the No. 1 spot.

Besides the shuffle at the top, there were no other changes this week to the women's top 20.

Suzann Pettersen remained No. 3 and was followed by Shin, Yani Tseng, Na Yeon Choi, Paula Creamer, Anna Nordqvist, Song-Hee Kim and Karrie Webb to round out the top 10.

In Kyung Kim, Michelle Wie, Angela Stanford, Inbee Park, Sakura Yokomine, Morgan Pressel, Mi-Jeong Jeon, Chie Arimura, Catriona Matthew and Hee Kyeong Seo completed the top 20.

Sun Ju Ahn won an event in Korea and jumped nine places to No. 21.

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MySportsbook.com is an online sportsbook that aims to keep betting fun. The company sees itself as a premier provider of a top-shelf gambling entertainment experience. MySportsbook knows that this can not be accomplished if gamblers are struggling through the betting process, so the emphasis is put on simplicity and ease of use.

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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.

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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.

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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.

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