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06/02/2010 - Fort Worth, TX (Sportsbook Betting Lines) - Series: IZOD IndyCar. Date: Saturday, June 5. Race: Firestone 550k. Site: Texas Motor Speedway. Track: 1.5-mile tri-oval. Start Time: 8:45 p.m. (et). Laps: 228. Miles: 550 (kilometers). 2009 winner: Helio Castroneves. Television: VERSUS. Radio: IMS Radio Network/SIRIUS XM Satellite.
After winning the Indianapolis 500 in dominating fashion last Sunday, Dario Franchitti made a strong statement in his bid for a second straight IZOD IndyCar Series championship.
Franchitti led 155 of 200 laps to claim his second Indy 500 victory. His first win came in 2007.
"To win two of these things is pretty special," Franchitti said. "They showed me a list of two time winners. Those guys are legends. I said the other night, I'm just a driver, those guys are legends. I'm so lucky to be drive for Chip [Ganassi] and Team Target, getting in good cars, especially having gone away after we won in '07. To be invited back was pretty cool. To have won a championship and an Indy 500, I didn't expect any of this."
Franchitti collected nearly $2.8 million for his Indy 500 win.
"That's a lot of money in any currency," he said. "This race just gets better and better, and I think we're getting back to the glory days. I'm so proud to be back here and be a part of it. It's home for me."
Franchitti not only gave Ganassi his fourth Indy 500 victory as a team owner, but also helped Ganassi become the only owner to win the Indy 500 and the Daytona 500 in the same year. Jamie McMurray, in his first year with Earnhardt Ganassi Racing in the NASCAR Sprint Cup Series, won the Daytona 500 in February.
With six of 17 races completed on the 2010 IndyCar schedule, Franchitti is just 11 points behind leader Will Power from Team Penske.
Franchitti has recorded 14 career IndyCar victories, but has yet to win at the 1.5-mile Texas Motor Speedway. His best finish in six starts at Texas is second, which came in 2004. He started on the pole there in '04 and last year.
Helio Castroneves is the defending race winner.
Castroneves' Penske teammate, Ryan Briscoe, dominated the race by leading 160 of 228 laps, but Castroneves beat Briscoe out of the pits during final round of stops and took the lead for good with 53 laps remaining. The Brazilian has not won a race since one year ago at Texas.
After sustaining multiple injuries during a hard crash in the closing laps of the Indy 500, Mike Conway will be out of the No.24 Dreyer and Reinbold Racing car for at least three months. The team has yet to name a driver for Saturday's race at Texas.
Conway had surgery to repair fractures to his lower left leg. He also has a soft tissue injury to his lower left leg and is expected to have another surgical procedure later this week. Conway also suffered a compression fracture of one of his thoracic vertebrae. He has been fitted for a back brace, which he will wear for the next few months.
Ryan Hunter-Reay also was involved in the late-race crash at Indy. Hunter-Reay had surgery on his left thumb and was fitted with a carbon fiber splint, which should allow him to participate at Texas.
Twenty-six teams are on the preliminary entry list for the Firestone 550k.
<< Summer stand-alone season begins with Nashville
Lebanon, TN (Sportsbook Betting Lines) - Series: NASCAR Nationwide. Date: Saturday, June
5. Race: Federated Auto Parts 300. Site: Nashville Superspeedway. Track:
1.333-mile D-shaped concrete oval. Start time: 8:00 p.m. (et). Laps: 225.
Miles: 300. 2009 w
<< Nothing tricky about Pocono for Hamlin
Long Pond, PA (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Sunday, June
6. Race: Gillette Fusion ProGlide 500. Site: Pocono Raceway. Track: (2.5-mile
triangle. Start time: 1:00 p.m. (et). Laps: 200. Miles: 500. 2009 winner: Tony
Stewart.
<< Ken Griffey Jr. retires
Seattle, WA (Sportsbook Betting Lines) - Ken Griffey Jr. has announced his retirement
from baseball Wednesday just two months into his 22nd major league season.
Griffey informed the Mariners before Wednesday's game against Minnesota and
retires
<< Doan, Miller and Crosby named finalists for Messier Award
New York, NY (Sportsbook Betting Lines) - Phoenix Coyotes captain Shane Doan,
Buffalo Sabres goaltender Ryan Miller and Pittsburgh's Sidney Crosby have been
selected as 2010 finalists for the Mark Messier Leadership Award.
The award recog
Rangers' Guerrero hurts eye, taken to hospital >>
Chicago, IL (Sportsbook Betting Lines) - Texas Rangers outfielder/designated hitter
Vladimir Guerrero was taken to a Chicago hospital after suffering an eye
injury during batting practice.
Guerrero was taking swings in the batting cage, and a ball car
Arizona State lifts interim tag from baseball coach Esmay >>
Tempe, AZ (Sportsbook Betting Lines) - Arizona State lifted the interim tag of baseball
coach Tim Esmay, giving him the job on a permanent basis.
Esmay took over in December to replace Pat Murphy, who resigned after more
than 15 years in the posi
Briere's PP goal gives Flyers lead after one period in Game 3 >>
Philadelphia, PA (Sportsbook Betting Lines) - Danny Briere's power-play goal late in the
first period gave the Philadelphia Flyers a 1-0 edge over the Chicago
Blackhawks after 20 minutes of play in Game 3 of the Stanley Cup Finals from
Wachovia Center.
Blown call costs Detroit's Galarraga perfect game >>
Detroit, MI (Sportsbook Betting Lines) - Armando Galarraga was one out away from the
third perfect game of 2010 and the second in less than a week, but a blown
call by first base umpire Jim Joyce cost him immortality.
After retiring the first 26 batte
In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).
If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).
Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.
New England Patriots -7 vs. Philadelphia Eagles
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:
There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
Philadelphia Eagles +7 vs. New England Patriots
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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