Pettersen wins LPGA Championship

Golf Betting Lines

06/11/2007 - Havre de Grace, MD (Sportsbook Betting Lines) - Suzann Pettersen waited two months for another chance. This time, she wouldn't let it get away.

The intense, long-hitting Norwegian won her first major Sunday by edging out Karrie Webb at the McDonald's LPGA Championship, atoning for her collapse at the first major of the season, the Kraft Nabisco Championship in April.

In that tournament, Pettersen gave away four shots on a three-hole stretch at the end of the final round, handing Morgan Pressel her first major instead.

Sunday, Pettersen made four birdies on the back nine, including a 12-foot putt at the 17th with Webb knocking on the door, and closed with a five-under 67 to win by a shot at Bulle Rock.

"Last time I was so close. To come here and win and feel the pressure coming down the stretch, it's just amazing to stand here and be by myself on top," said Pettersen, who finished at 14-under 274.

Pettersen needed a two-putt par from 30 feet at the 18th green to close it out. She nearly holed the first try, rolling it within tap-in range on the right side of the cup.

Then, she waited for playing partner and overnight leader Na On Min to putt out before finishing off her closing par.

"I was really happy I got it that close," Pettersen said of her 30-foot try on 18. "I'm really thrilled. It's been a great week."

Webb finished runner-up for the second year in a row after losing to Se Ri Pak in a playoff last June. Like Pettersen, she closed with a five-under 67 to end alone in second place at 13-under 275.

The 2001 champion, Webb made a 10-foot birdie putt at the 18th hole to pull within one shot of Pettersen, who had just finished up her birdie at the 17th.

She said the final round was nerve wracking and exciting all at once.

"That putt on the last at least gave Suzann a little bit to think about," said Webb.

Min, a rookie playing in her first major, rebounded from a bad front nine with four consecutive birdies from the 13th hole and finished in third place at 12- under 276. She had a 70 in the final round.

Lindsey Wright was another surprise after firing a final-round 66 Sunday to finish in fourth place at 10-under 278. She was a factor at the top of the leaderboard late into the day.

"It hasn't sunk in," Wright said of her surprising finish. "I'm so excited. It's a great confidence boost for me."

Angela Park (71) was fifth at nine-under 279, one shot ahead of Lorena Ochoa, Paula Creamer, Sophie Gustafson and Brittany Lincicome.

Annika Sorenstam had a 71 and finished nine shots off the lead at five-under 283. The three-time McDonald's LPGA winner was playing for just the second time since returning from a back injury.

Michelle Wie's troubles continued in the form of a final-round 79. Playing with an injured wrist that forced her controversial withdrawal last week, she finished at 21-over 309 -- in last place out of the 84 players who made the cut.

MORE TO FOLLOW.

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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.