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Concord NC (Sportsbook Betting Lines) - Danica Patrick revealed on Monday that she will forgo this year's Indianapolis 500 and will instead compete in the 600-mile Sprint Cup Series race at Charlotte Motor Speedway. The Indy 500 and the Coca-Cola 600 -- NASCAR's longest race of the season -- are scheduled on May 27.
Last November, Patrick and her team owner, Tony Stewart, who is the reigning Sprint Cup champion, announced eight of her 10-scheduled races, beginning with the February 26 season-opening Daytona 500. She is also slated to compete at Darlington (May 12), Bristol (August 25), Atlanta (September 2), Chicagoland (Sept. 16), Dover (Sept. 30), Texas (November 4) and Phoenix (Nov. 11).
Charlotte becomes the ninth race added to Patrick's Sprint Cup schedule. Her tenth event will announced at a later date. Stewart-Haas Racing is hopeful she will run a full-time schedule in NASCAR's premier series in 2013.
Long Pond, PA (Sportsbook Betting Lines) - Dr. Joseph Mattioli, the founder and chairman of the board of Pocono Raceway, passed away on Thursday at the Lehigh Valley Hospital Center in Pennsylvania, following a lengthy illness. He was 86. Known as "Doc," Mattioli founded the 2.5-mile Pocono racetrack in the early 1960's and had been at the helm of the track ever since. Pocono has hosted 68 NASCAR Sprint Cup Series races to date.
"The entire NASCAR family is saddened by the loss of a true icon in our sport, Dr. Joe Mattioli," NASCAR chairman and chief executive officer Brian France said in a statement. "Doc's relationship with my family reaches three generations, all the way back to my grandfather [NASCAR founder William H.G. France]. His passion for the sport will live on in the hearts of his family and our fans. His contributions to our sport are wide-spread. We have lost a great leader - and a great person. NASCAR offers its deepest condolences to his wife, Rose, and the entire Mattioli family."
Mattioli is survived by his wife, Rose, daughters, Louie and Michele, and son, Joseph Mattioli III, seven grandchildren and three great-grandchildren.
Service arrangements for Mattioli were not announced as of Thursday afternoon.
NASCAR made such drastic changes to help improve track attendance and television ratings, which had both slumped in recent years.
The 2011 season in NASCAR's premier series -- now known as the Sprint Cup Series -- featured the closest battle for the championship. Tony Stewart and Carl Edwards ended the season in a points tie (2,403 each), but Stewart captured his third title by virtue of his five wins -- all of them in the Chase -- compared to only one for Edwards.
"The way to top that is to have three drivers or four going for the championship if that's possible," France said in regards to the upcoming season.
NASCAR also worked with Sprint Cup teams to test the technology this past season.
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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.
MySportsbook features easy-to-use online betting software that’s the most reliable in the industry. If you’re looking to bet underdogs, then this Sportsbook is the place - we have the best betting lines in the business. MySportsbook is your one-stop shop for all your betting needs - sports betting, poker, casino, and horse racing . MySportsbook offers every bet type with lightning fast settlement of wagers. Take advantage of free statistical analysis - including against-the-spread and straight-up trends - in MySportsbook’s game previews section. With MySportsbook there are unlimited free deposits and payouts - and no transaction fees!
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