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01/24/2012 - Arlington Heights, IL (Sportsbook Betting Lines) - The 30th running of the Arlington Million has been scheduled for Saturday, August 18. The 1 1/4-mile turf stakes is the centerpiece of Arlington Park's annual race meet.
Won in 2011 by Cape Blanco, the Arlington Million has proved to be one of the most prestigious turf events in North America. The victory helped propel Cape Blanco to the Eclipse Award as last year's champion male turf runner. Two years earlier Gio Ponti won the Million and garnered Eclipse Awards as top older male and champion turf male thoroughbred. Gio Ponti finished second in the race the last two years.
The Million is part of the Breeders' Cup "Win and You're In" program where the victorious horse gains automatic entry into the Breeders' Cup Turf.
Arlington Park's 2012 meeting will get underway on Friday, May 4 and conclude on Sunday, September 30.
<< Milwaukee's Bennett named MISL Player of Week
Tampa, FL (Sportsbook Betting Lines) - Milwaukee Wave forward Ian Bennett was named the
Major Indoor Soccer League's Player of the Week on Tuesday for Week 12.
Bennett recorded 15 points in three games as the Wave maintained their lead in
the MISL Ce
<< PSG's Pastore to miss 3-4 weeks
Paris, France (Sportsbook Betting Lines) - PSG playmaker Javier Pastore suffered a thigh
muscle tear in Friday's Coupe de France win over Sable-sur-Sarthe and will be
out of action three to four weeks, the French club said Tuesday.
Pastore, 22, was t
<< A's agree to terms on one-year deal with Colon
Oakland, CA (Sportsbook Betting Lines) - The Oakland Athletics agreed to terms on a one-
year contract with pitcher Bartolo Colon on Tuesday.
After not pitching in the majors in 2010, the 38-year-old former Cy Young
winner returned last season w
<< Olin to be Stephen F. Austin's offensive coordinator
Nacogdoches, TX (Sportsbook Betting Lines) - Jeremy Moses, the 2010 Walter Payton Award
winner, has said his former high school coach helped instill a coach's
mentality in him.
Now Moses will be reunited with Dick Olin at Stephen F. Austin.
Olin is
Giants, Lincecum reach 2-year deal >>
San Francisco, CA (Sportsbook Betting Lines) - The Giants and two-time NL Cy Young
Award winner Tim Lincecum have reached a verbal agreement on a two-year
contract, avoiding arbitration.
The San Francisco Chronicle reported the deal on Tuesday
Cincinnati extends Jones for three years >>
Cincinnati, OH (Sportsbook Betting Lines) - Head football coach Butch Jones received
a three-year contract extension from Cincinnati on Tuesday.
The extension runs through the 2017 season.
"I have tremendous faith in Coach Jones and his ability
La Russa to manage 2012 NL All-Star team >>
New York, NY (Sportsbook Betting Lines) - The retired Tony La Russa will serve as the
manager of the National League All-Star team for the 2012 Midsummer Classic at
Kauffman Stadium in Kansas City on July 10th.
The longtime manager of the St. Lo
Bobcats' Augustin to miss 4 games >>
Charlotte, NC (Sportsbook Betting Lines) - Charlotte Bobcats guard D.J. Augustin will
miss four games due to an inflammatory condition of the sesmoid bones that lie
in the flexor tendons on his right big toe.
Augustin was seen by Charlotte orthoped
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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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