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05/28/2010 - Saratoga Springs, NY (Sportsbook Betting Lines) - Former Horses of the Year Point Given and Azeri, along with Best Pal and retired jockey Randy Romero, have been elected to the National Museum of Racing's Hall of Fame. The four will be inducted during a ceremony to be held on Friday, August 13.
Point Given was Horse of the Year and Champion Three-Year-Old Male for 2001. The colt won the San Felipe Stakes and Santa Anita Derby. As the favorite, he was fifth in the Kentucky Derby but was able to win both the Preakness and Belmont Stakes. Point Given, ridden by Gary Stevens, also won the Haskell and Travers. Trained by Bob Baffert, Point Given retired with nine victories in 13 career starts and earnings of $3,968,500.
In 2002, Azeri won the Breeders' Cup Distaff and was named Horse of the Year and Champion Older Female. She again was voted Champion Older Female in 2003 and 2004. When she retired, she had won 17 of 24 races and was the all-time leader in earnings among females with $4,079,820.
In a seven year racing career, Best Pal earned $5,668,245 with 18 wins in 47 starts. In 1992 he won the Santa Anita Handicap and the following year took the Hollywood Gold Cup.
Randy Romero won 4,294 races and had earnings of $75,264,198 in a 27 year career. He was the regular rider of two-time Champion Filly Go for Wand and the undefeated Personal Ensign. Personal Ensign, who died in April, won the 1989 Eclipse Award as Champion Older Female.
The four new members were elected in the contemporary category by the 182 members of the Hall of Fame's voting panel. The Hall of Fame's Historic Review Committee will announce its selections on Wednesday, June 9, completing the Class of 2010.
<< Many early entries will likely go undrafted
KANSAS CITY, Mo. (AP) -A record wave of college basketball players have left school early for the chance to get paid by the NBA - despite the league's uncertain labor situation.For some, like Kentucky's John Wall and Ohio State's Evan Turner, it's p
<< Hurricanes agree to one-year deal with Tlusty
Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes have agreed to terms
with forward Jiri Tlusty on a one-year contract worth $500,000.
Tlusty was acquired by the Hurricanes from Toronto last December in exchange
for the rights to
<< UConn basketball charged with eight violations
Storrs, CT (Sportsbook Betting Lines) - The University of Connecticut has received a
notice of allegations from the NCAA in regard to possible recruiting
violations in the men's basketball program.
UConn officials and the NCAA have be
<< Carmona, Indians open road series in the Bronx
(Sportsbook Betting Lines) - The last time Fausto Carmona stepped on the mound at new
Yankee Stadium, the Indians' offense erupted in a record-tying performance.
Given how Cleveland's offense struggled in its last game, the club hopes its
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Astros place Norris on DL >>
Cincinnati, OH (Sportsbook Betting Lines) - One day after announcing that Bud Norris
will miss his next scheduled start, the Houston Astros placed the right-hander
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Hurricanes agree to terms with D Harrison >>
Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes announced Friday an
agreement with defenseman Jay Harrison on a one-year, $500,000 contract.
In 2009-10, Harrison set career highs with 38 games played, one goal and five
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Lahm named Germany's captain for World Cup >>
Berlin, Germany (Sportsbook Betting Lines) - Defender Philipp Lahm was named captain of
Germany's World Cup team by coach Joachim Loew on Friday.
Lahm, 26, becomes the youngest captain in German national team history. He is
taking over the role from
Franchitti quickest in Indy Carb Day >>
Indianapolis, IN (Sportsbook Betting Lines) - Defending IZOD IndyCar Series champion
Dario Franchitti topped the speed charts in Friday's Carb Day -- the final
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Helio Castroneves, the pole sitter, led
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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