Bettencourt leads DiMarco in Reno

Golf Betting Lines

07/15/2010 - Reno, NV (Sportsbook Betting Lines) - Matt Bettencourt shot a six-under 66 to take the first-round lead Thursday at the Reno-Tahoe Open.

Bettencourt earned his first 18-hole lead on the PGA Tour largely due to an eagle at the 17th hole. He moved past Chris DiMarco, who had a 67 at Montreux Golf & Country Club to sit alone in second place.

Craig Bowden and 2006 champion Will MacKenzie were another shot further back at 68, while Chad Campbell and former PGA Championship winner Steve Elkington led a large group at 69.

Because the tournament is being played opposite the British Open, Campbell is the highest-ranked player in the field at world No. 93.

The event features a mixture of young pros trying to get their first PGA Tour wins, wily veterans hoping for a good finish, and many players in between.

DiMarco is among the veterans seeking a good finish. On a career downswing, he has now missed three British Opens in a row after playing in eight straight. He was runner-up to Tiger Woods at Hoylake in 2006.

Making the best of his start in Reno, the 41-year-old DiMarco mixed six birdies with one bogey during the first round. He birdied his last three holes, sinking a seven-foot putt at the 18th to take the clubhouse lead.

"I really like the golf course," said DiMarco, who tied for 26th last year on the Montreux layout. "It fits my eye really well off the tee, which is pretty big when you're playing golf, to be able to see the lines that you want to have."

DiMarco has three career PGA Tour wins, but none since the 2002 Phoenix Open. His last victory on any tour came at the Abu Dhabi Golf Championship in January 2006.

"I still feel like I can win out here," DiMarco said. "My confidence is slowly but surely coming back. I'm starting to get comfortable on the golf course again.

"It's coming back."

DiMarco's lead didn't last long Thursday.

Playing three groups behind him, Bettencourt eagled the par-five 17th after hitting his second shot 260 yards and within three feet of the hole, getting to seven-under par.

Bettencourt then bogeyed the 18th from a fairway bunker, trimming his lead to a shot. He also had six birdies during the round, all in his first 13 holes.

"I'm very pleased with my round," said Bettencourt, a 35-year-old grinder who has never won on the PGA Tour. "I've been struggling a little bit this year with my expectations. I've been battling a few injuries. So it feels good to be feeling healthy and getting out there and playing good golf."

NOTES: Defending champion John Rollins opened with a 71...Tournament host Scott McCarron had a 70...Two-time Reno-Tahoe winner Vaughn Taylor shot a 74...Bettencourt picked up two victories on the Nationwide Tour in 2008.

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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.

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