Real Madrid sold its 'soul' to Schalke

Soccer Betting Lines

07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Raul in Royal Blue? Fitting, I guess, even if it's tough to imagine. Raul ended his 16-year stay at Real Madrid this week and started his second life at Schalke on Thursday.

Signed to a "lifetime contract" by Real Madrid just two years ago, the Spanish legend was allowed to walk away from the only club he's ever known. He has 323 goals in 741 career games, but the 33-year-old was no longer wanted.

Real Madrid has made this mistake before, just not at this Everest-like level. Just last offseason, Real discarded Arjen Robben and Wesley Sneijder and their new teams, Bayern Munich and Inter Milan, made the Champions League final.

There comes a time in every player's life, even those with so-called "lifetime contracts," when it's time to hang it up. But Raul still had plenty to give Real - just ask Schalke coach Felix Magath.

"We can present the fans," Magath said at a news conference on Thursday, "with one of the best players in the world."

Raul will trade his iconic No. 7 Real Madrid jersey for Schalke colors, though that's almost like picturing Cal Ripken in Yankee pinstripes.

"He was the soul of Real Madrid," Italy's Francesco Totti said on his website.

That said, just a few thousand fans came to the Bernabeu to send him off. A year ago, the stadium was almost full when Cristiano Ronaldo arrived. How easily we forget Raul led Real Madrid to three Champions League titles.

Although Raul's role was limited last season for Real, he still appeared in 40 games in all competitions. He scored twice in the Champions League, increasing his own record to 66 career goals in the competition.

The German team was second behind Bayern in the Bundesliga last year to secure a spot in the group stage of this season's Champions League. Raul could get an early look at his old team, if Schalke and Real are drawn together.

Regardless, Raul is set to break a tie with AC Milan's Filippo Inzaghi for the all-time scoring lead in European competitions. Both have 68 career goals.

Schalke does not have Real's history, but Raul fills the only huge hole in the Royal Blues' lineup after 18-goal scorer Kevin Kuranyi left earlier this year.

Schalke will contend for the league title and it will compete in the Champions League. Sound familiar Madrid? Real finished second in Spain's La Liga and was eliminated in the Champions League round of 16 for the sixth straight time one season ago.

"Our aim should be to have a major say in the [league] title race," said Raul, who retired as Spain's all-time scoring leader four years ago with 44 goals in 102 games. "It's going to be tough in the Champions League."

Real made it easier for Schalke by letting Raul depart. Thank you cards by the dozens should be on their way from Gelsenkirchen to Madrid.

"If anyone knows the true significance of the Champions League it's him," said German Christoph Metzelder, who also left Real this offseason to join Schalke.

Raul signed a two-year contract with Schalke and said on Thursday his years at Real Madrid were "officially" over. He lead Real to six La Liga titles, and if he can end Schalke's title drought, which dates to 1958, he will be an icon at Veltins-Arena as well.

Raul may have joined Schalke on a free transfer, but Real sold its soul by allowing him to leave.

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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.

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