Patriot League adding football scholarships in 2013

NCAA Football Betting Lines

02/13/2012 - Philadelphia, PA (Sportsbook Betting Lines) - Touchdown.

After exhaustive debate in recent years, the Patriot League has decided to start awarding athletic scholarships in football - 15 each year - beginning with the 2013 season.

The league announced the new policy on Monday, although the decision by its school presidents was termed a "consensus" and not likely a unanimous vote, which in the coming years may fail to fully remove the cloud that has hung over the league.

Bucknell, Colgate, Holy Cross, Lafayette and Lehigh are full Patriot League members which sponsor football, while Fordham and Georgetown are associate members for the sport. Fordham started offering athletic scholarships in 2010 and was planning to leave the FCS league if they were not voted in league- wide, while Georgetown was generally believed to be against a change in policy.

Patriot members Army and Navy, which participate on the FBS level, and American, which doesn't sponsor football, also were part of the league's vote, which limited Patriot teams to 15 athletic scholarships, including those to transfers, in future recruiting classes.

"First of all, we make this decision in recognition that we believe that it will help the league to remain strong and competitive, both with regard to our academic goals, which are foremost in the league, and to athletic competitiveness," Lafayette College president Dr. Daniel H. Weiss, the chair of the league council of presidents, said on a conference call.

"We believe over time that this decision is in the best interest of the league because it will help us with future membership prospects for joining the league, it will help us with scheduling out-of-league competitors in football, it will allow us to be more competitive in admissions with regards to identifying and recruiting to our campuses' outstanding students who also play Division I football at the level of the Patriot League.

"The decision that was reached is the result of several years of discussion and analysis by the presidents and their colleagues, and it represents the consensus, and argues that it is the right thing for the league to do at this time."

Patriot League football celebrated its 25th anniversary last year. Need-based financial aid has always been offered to student-athletes, but the athletic scholarships, or merit-based financial aid, have not been offered despite being allowed by the league's 22 other sports. Football has been considered a separate entity by the league.

The need-based financial aid will continue alongside the athletic scholarships. However, athletic scholarships will not be offered to this year's recruits or any student-athletes already in the programs. Only those enrolling in the fall of 2013 and beyond will be eligible.

Holy Cross athletic director Richard M. Regan Jr., the chair of the league's committee on athletic administration, said he expects the addition of athletic scholarships to at least double the size of the recruiting pool.

Since adding scholarships, Fordham has been declared ineligible for the Patriot championship and the league's automatic bid to the FCS playoffs. The league announced that later this spring a decision will be made regarding when that policy will change.

Patriot League executive director Carolyn Schlie Femovich said league expansion could result from the change in policy.

"I don't think we're going to be in any rush," she said. "I think there would be some attractiveness to adding one or two more members on the football side and perhaps one or two more members on the full member side. Those conversations have yet to take place. I expect that we'll be in a good position to do that over the course of the next year or so."

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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.