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05/25/2010 - Elmont, NY (Sportsbook Betting Lines) - The New York Racing Association (NYRA) will receive a loan of $25 million from the State of New York to continue operations beyond Wednesday, June 9. A spokesman for Gov. David Patterson said Tuesday that the loan was approved by the state legislature.
"The Board of Directors of the New York Racing Association, Inc. along with its management and dedicated employees are grateful for the State legislature's approval last evening of a $25 million loan which guarantees world class thoroughbred racing at Belmont Park, Saratoga Race Course and Aqueduct Racetrack," NYRA chairman C. Steven Drucker said in a statement.
"We appreciate the dedication and perseverance of Gov. David Paterson," Drucker continued, "Assembly Speaker Sheldon Silver, Senate Conference Leader John Sampson, Senate racing committee Chairman Eric Adams, and Assembly racing and wagering committee Chairman Gary Pretlow, and their respective staff members, which resulted in this legislation."
Notices were sent out last Thursday to NYRA employees that due to financial problems, racing operations and facility closings would begin as soon as June 9.
The NYRA is franchised by the State of New York to operate the three racetracks through 2033.
<< Can favored Blackhawks come through with Cup?
Philadelphia, PA (Sportsbook Betting Lines) - Sometimes a team has to be very bad
before it can climb to the top of the mountain. Look at the Pittsburgh
Penguins. They finished last or next-to-last in the two seasons surrounding the
lockout and by 2008
<< Indians and Tigers to make up May 7 rainout on July 17
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians and Detroit Tigers will
make up their May 7 rainout at Progressive Field as part of a day/night
doubleheader on Saturday, July 17.
The rescheduled game will take place at 1:05
<< Pirates place Pearce on DL
Cincinnati, OH (Sportsbook Betting Lines) - The Pittsburgh Pirates have placed first
baseman Steve Pearce on the 15-day disabled list because of a sprained right
ankle.
Pearce was hurt during Monday's game against Cincinnati. In 15 games th
<< Canadian MLB Report: Votto powering Reds' hot start
Toronto, Canada (Sportsbook Betting Lines) - A strong start to the season from Joey Votto
has helped the Cincinnati Reds sit atop the National League Central division
standings through the first 45 games of the season. The Reds tied the St.
Louis Cardin
Franklin, Michna & Nyenhuis earn weekly honors >>
Tulsa, OK (Sportsbook Betting Lines) - Tulsa wide receiver CARLESE FRANKLIN, Chicago
quarterback RUSS MICHNA and Tulsa defensive end GABE NYENHUIS have been named
the JLS Ironman, Russell Athletic Offensive Player and Riddell Defensive Player
of the Week
AL West: The Oakland Pitching Factory >>
(Sportsbook Betting Lines) - Year after year, the Oakland Athletics have churned out
solid young pitchers from their farm system in assembly-line fashion.
This year has been no different, as Oakland's pitching staff ranks third in
the American League
Eagles release P Brooks >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Eagles have released
punter Durant Brooks.
Brooks, the winner of the Ray Guy Award for the nation's top punter in 2007,
was signed by Philadelphia in February to compete with incumb
Utley leads NL All-Star balloting >>
New York, NY (Sportsbook Betting Lines) - Philadelphia Phillies second baseman Chase
Utley is the leading vote-getter in National League balloting for this year's
All-Star Game, which will be played July 13 at Angel Stadium of Anaheim.
Utley has
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 Posts Heisman Trophy Odds
With 3,919 passing yards, 32 touchdowns and a mere seven interceptions last season, combined with a powerful South Bend Heisman legacy, odds makers at MySportsbook.com have given Notre Dame senior quarterback Brady Quinn the best Heisman Trophy odds at 5-2.
Quinn isn’t the only big man on campus this season. Oklahoma junior running back and 2004 Heisman runner-up Adrian Peterson, listed at 7-2, rushed for a combined 3,033 yards in his first two years as a college player and will give Quinn a run for his money.
This online sportsbook has also listed Troy Smith, Ohio State senior quarterback, as another strong favorite to win the 72nd Heisman Trophy. A 7-1 bet, Smith threw for 2,282 yards last season and also led the Buckeyes to a convincing 34-20 victory over Quinn and the Fighting Irish in last season’s Fiesta Bowl.
Current betting odds Heisman trophy are:
| Brady Quinn (QB, Notre Dame) Adrian Peterson (RB, Oklahoma) Troy Smith (QB, Ohio State) Michael Bush (RB, Louisville) Steve Slaton (RB, West Virginia) Brian Brohm (QB, Louisville) Chris Leak (QB, Florida) Mike Hart (RB, Michigan) Ted Ginn (WR, Ohio State) Darius Walker (RB, Notre Dame) Drew Tate (QB, Iowa) Marshawn Lynch (RB, Cal) Kenny Irons (RB, Auburn) Chad Henne (QB, Michigan) Kyle Wright (QB, Miami) Drew Stanton (QB, Michigan State) Kenneth Darby (RB, Alabama) JaMarcus Russell (QB, LSU) Drew Weatherford (QB, Florida State) Blake Mitchell (QB, South Carolina) Reggie Ball (QB, Georgia Tech) |
5-2 7-2 7-1 10-1 10-1 12-1 12-1 18-1 18-1 20-1 30-1 35-1 35-1 40-1 50-1 50-1 60-1 60-1 60-1 60-1 60-1 |
For complete NCAA Football odds visit MySportsbook.com.
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