Vegas pulls Miami-Maryland game off the board
In the wake of a scathing Yahoo! Sports report that has grabbed headlines around the country, various Las Vegas and offshore sportsbooks have taken the Miami-Maryland September 5 college football game off their boards.
A 5.5-point road favorite Tuesday morning, the University of Miami once again finds itself embroiled in a prominent, far-reaching scandal following a tremendous investigative report from Charles Robinson of Yahoo!, which details widespread rules violations involving more than 70 former players.
New Miami head coach Al Golden certainly has his work cut out for him this season.
The Caesars Palace sportsbook is one of many Vegas shops that has pulled Miami’s season-opener against Maryland off the board, Caesars Senior Race & Sports Analyst Todd Fuhrman told me Tuesday morning. However, Caesars has left the Hurricanes’ season win total up, which is currently holding steady at 8.
“Generally speaking, we will error on the side of being cautious, especially when as many as 10 current players could be implicated in the allegations,” Fuhrman told me Tuesday. “Even though it might take a few weeks for suspensions to get doled out, the right move for us at this time is to keep the game off the board until more information becomes available.”
Similar action is being taken offshore, where BetOnline.com has not only closed Miami’s Week 1 line, but has also taken down the team’s season win total (8) and the Hurricanes’ odds to win the ACC Coastal Division (+150), BetOnline.com Sportsbook Manager Dave Mason told me Tuesday morning.
“Before closing the Over/Under wins, we did get some action coming in on the under,” said Mason.
Even though just about everything wager-related regarding the Hurricanes’ season-opener is at a standstill, I asked veteran handicapper Marc Lawrence of Playbook.com if bettors should be concerned about Miami for the rest of the 2011 season.
“While the investigation appears unsettling and consequences appear forthcoming, the most important matter at hand is that the new Al Golden regime is in place and his prime focus is on this year's team, not incidents of the past,” said Lawrence.
Golden certainly has his work cut out for him if he plans on turning The U into a highly successful program, both on and off the field.
UPDATE: Caesars Palace has now decided to take Miami's season-win total (8) off the board, Fuhrman told me via email.
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