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08/11/2009 - Lexington, KY (Sportsbook Betting Lines) - It will become a lot easier for fans to follow the horses during the running of the Breeders' Cup World Championships beginning this year. The organization announced Tuesday that the standard colored saddle cloth or towel system has been installed for the 2009 races.
Until this year purple colored saddle cloths were used for the first 25 editions of the Breeders' Cup. The decision to use the standard colored system was made after consulting with the group's Fan Advisory Council and with horseplayers across North America.
"The colored saddle towel system will allow fans at Santa Anita Park and at simulcast locations around the globe to more easily follow the horses in the Breeders' Cup races," said Breeders' Cup President and CEO Greg Avioli. "We appreciate the input from so many passionate horseplayers on this topic, and believe the new saddle towels will provide a more fan friendly experience for our customers betting on the Championships."
The 14 main colors to be used from the rail out are red, white, blue, yellow, green, black, orange, pink, light blue, purple, gray, lime green, brown and rust.
Santa Anita Park will host the $25.5 million Breeders' Cup for the second year in a row. The 14 races will run on Friday, November 6 and Saturday, November 7.
<< Owens skips morning practice
Pittsford, NY (Sportsbook Betting Lines) - Buffalo Bills wide receiver Terrell Owens did
not participate in the team's morning practice on Tuesday.
Owens caught two passes for 27 yards in limited action during Sunday's
preseason game against
<< Winnipeg's Reid among CFL weekly award winners
Toronto, ON (Sportsbook Betting Lines) - Winnipeg running back Fred Reid and defensive
tackle Doug Brown, Hamilton linebacker Markeith Knowlton and British Columbia
kicker Sean Whyte were named the CFL's top players for the sixth week of the
season.
<< Woods says he will not be fined for comments
Chaska, MN (Sportsbook Betting Lines) - Tiger Woods said that he will not be fined by
the PGA Tour for comments he made criticizing a rules official after winning
the Bridgestone Invitational on Sunday.
"I've heard from the tour. There's no
<< Rapids' Casey earns 3rd POW award of season
New York, NY (Sportsbook Betting Lines) - Colorado Rapids forward Conor Casey was voted
Major League Soccer's Player of the Week for Week 21.
Casey scored three first-half goals for his second hat trick of the season to
lead Colorado to a 4-0 victor
Fiorentina signs Zanetti to two-year deal >>
Florence, Italy (Sportsbook Betting Lines) - Fiorentina has announced the signing of
Juventus midfielder Cristiano Zanetti on a two-year deal.
He started his career with the Florence-based club in 1996 before joining
Venezia. He has also play
Killie's Combe suffers hip injury >>
Kilmarnock, Scotland (Sportsbook Betting Lines) - Kilmarnock fears goalkeeper Alan Combe
could be out of action until the new year with a hip injury.
Combe, 35, has returned to training following a summer hernia operation but
may now require a furt
Kranjcar wants to leave Porsmouth >>
Portsmouth, England (Sportsbook Betting Lines) - Niko Kranjcar has confirmed he will
leave Portsmouth when his contract expires next summer.
The Croatia international has become a key player at Fratton Park in the two
seasons he has spent in
Kranjcar wants to leave Portsmouth >>
Portsmouth, England (Sportsbook Betting Lines) - Niko Kranjcar has confirmed he will
leave Portsmouth when his contract expires next summer.
The Croatia international has become a key player at Fratton Park in the two
seasons he has spent in
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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