Lookin at Lucky highlights Rebel Stakes at Oaklawn

Horseracing Betting Lines

03/11/2010 - Hot Springs, AR (Sportsbook Betting Lines) - Champion colt Lookin at Lucky tops a field of seven three-year-olds in Saturday's $300,000 Rebel Stakes at Oaklawn Park. The 2009 champion two-year-old will be making his first start of the year in the 1 1/16-mile race.

The Rebel is the final local prep race before the $1 million Arkansas Derby, set for Saturday, April 10.

Trained by Bob Baffert, Lookin at Lucky will be ridden by Garrett Gomez and leave from the two post. The Rebel will be the colt's first start outside of California.

"We have a lot of questions that have to be answered," Baffert said, "wearing blinkers for the first time in a race and running on dirt for the first time. The closer you get to the Kentucky Derby (May 1), the better off you are knowing the answers."

Lookin at Lucky, owned by Karl Watson, Mike Pegram and Paul Weltman, was second to Vale of York in the Breeders'Cup Juvenile last November, but came back to win the CashCall Futurity the following month at Hollywood Park.

"It always looks like he's stretched to win," Gomez said following the CashCall win, "but that's not the case. He's going to learn more as he goes along because he's got a super mind to him. We've got to get him to where he puts his competition away and sprints to the wire. He's full of talent and I'm getting even more excited about him."

The colt has won five of six starts for more than $1.2 million.

Southwest Stakes winner Conveyance, also trained by Baffert, will make his next start in the $800,000 Sunland Derby on Sunday, March 28.

Southwest runner-up Dublin, trained by D. Wayne Lukas, will start from the far outside post with Corey Nakatani riding. The chestnut colt will be making his second start of 2010 for owners Robert Baker and William Mack.

Dublin came from the back of the field in the Southwest to lose by just three- quarters of a length. Nakatani will be aboard the colt for the first time in the race.

In 2009 Dublin won the Hopeful at Saratoga, but then finished fifth in the Chamgagne and seventh in the Iroquois. With two wins in six career starts he has earnings of $278,623.

Taking another shot at Lookin at Lucky is Noble's Promise, trained by Ken McPeek. Noble's Promise will break from post six with Robby Albarado riding.

Owned by Chasing Dreams Racing, the colt was third in the Breeders' Cup Juvenile and second in the CashCall Futurity. He won the Fitz Dixon Stakes at Presque Isle Downs and Keeneland's Breeders' Futurity Stakes.

Noble's Promise career record shows three wins from six starts and earnings of $733,500.

Here is the complete field for the Rebel in post position order: Cardiff Giant, Christian Santiago Reyes; Lookin at Lucky, Garrett Gomez; Royal Express, Perry Compton; Uh Oh Bango, Glenn Corbett; Pleasant Storm, Jon Court; Noble's Promise, Robby Albarado and Dublin, Corey Nakatani.

Post-time for the 50th running of the Rebel is scheduled for 6:47 p.m. (et).

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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.