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11/15/2011 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR has penalized Danica Patrick's No.7 JR Motorsports team in the Nationwide Series for rule infractions that occurred during last Saturday's race at Phoenix International Raceway.
According to a news release from NASCAR on Tuesday, Patrick's car was found to be in violation of Sections 12-4-J (any determination by NASCAR officials that the race equipment used in the event does not conform to NASCAR rules) and 20A-2.3A (improperly attached weight) of the 2011 series rule book.
Crew chief Tony Eury Jr. received a $10,000 fine and was placed on probation until March 28, 2012. Neither Patrick nor team co-owner Kelley Earnhardt (Dale Earnhardt Jr.'s sister) had points deducted from the championship standings.
Patrick, who resides in Phoenix, finished 21st in the race.
<< Big Sky admits to costly officiating error
Ogden, UT (Sportsbook Betting Lines) - A penalty called in the final seconds of Northern
Colorado's final game likely cost it the chance to avoid a winless season.
The Big Sky Conference acknowledged Tuesday that a penalty called with 3.6
seconds rema
<< Syracuse's Reed named MISL Player of Week
Syracuse, NY (Sportsbook Betting Lines) - Syracuse Silver Knights goalkeeper Eric Reed
was named the Major Indoor Soccer League's Player of the Week on Tuesday for
the second week of the 2011-12 season.
Reed recorded 32 saves, helping hold the No
<< Johnson plans to play after missing 6 games
Houston, TX (Sportsbook Betting Lines) - After missing the last six games because of a
hamstring injury, Houston Texans wide receiver Andre Johnson says he is ready
to come back.
Johnson, who was injured in a Week 4 game against Pittsburgh, said T
<< No. 11 Baylor beats SDSU to stay undefeated
Waco, TX (Sportsbook Betting Lines) - Quincy Miller scored 20 points, Brady Heslip had
16 and No. 11 Baylor remained undefeated with a 77-67 victory over San Diego
State on Tuesday.
Baylor (3-0) won its 21st straight non-conference home game an
Ronaldo sends Portugal to Euro 2012 finals >>
Lisbon, Portugal (Sportsbook Betting Lines) - Cristiano Ronaldo scored twice as Portugal
defeated Bosnia and Herzegovina, 6-2, on Tuesday to seal the final spot in the
Euro 2012 finals.
Republic of Ireland, Czech Republic and Croatia sealed their two-
No. 6 Texas A&M takes down No. 9 Louisville >>
College Station, TX (Sportsbook Betting Lines) - Kelsey Bone scored 15 points and added
nine rebounds as sixth-ranked Texas A&M easily handled No. 9 Louisville 76-58.
Sydney Carter added 14 points with eight steals while Tyra White dropped in 13
Reports: McQueary says he stopped attack >>
(Sportsbook Betting Lines) - An assistant Penn State football coach on administrative
leave says in an email that he stopped Jerry Sandusky's alleged sexual attack
on a young boy in the showers.
In the email, obtained by several media outlets,
San Diego signs OL Moll >>
San Diego, CA (Sportsbook Betting Lines) - The San Diego Chargers signed offensive
lineman Tony Moll to a one-year contract on Tuesday.
The 6-foot-5, 315-pound Moll played in 60 games with the Packers (2006-08) and
Ravens (2009-10).
He was s
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.
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