09/05/2008 - Richmond, VA (Sportsbook Betting Lines) - Due to heavy rains and winds expected from Tropical Storm Hanna, NASCAR has postponed all track activities at the Richmond International Raceway until Sunday.
The outer bands of the storm reached the Richmond, VA area Friday afternoon as rain fell on the track just before qualifying for the Nationwide series. Forecasts from the National Weather Service indicate a 100 percent chance of rain and high winds Friday night and Saturday, forcing officials to make the schedule adjustment. Virginia Governor Tim Kaine has already declared a state of emergency.
The Chevy Rock & Roll 400 Sprint Cup Series race is rescheduled for 1 p.m. ET Sunday, while the Emerson Radio 250 Nationwide Series event is slated for later in the evening at 7 p.m.
Kyle Busch will start on the pole for Sprint Cup race, based on current owner points. Carl Edwards will start second, followed by Jimmie Johnson, Dale Earnhardt, Jr. and Jeff Burton. All five drivers have already secured a spot in the "Chase for the Sprint Cup," which begins next week at New Hampshire.
Greg Biffle, Kevin Harvick, Tony Stewart, Matt Kenseth and Jeff Gordon will roll off sixth through 10th, respectively.
The qualifying postponement means Joey Logano will not make his Sprint Cup debut this weekend. Tony Raines and Sterling Marlin will also miss the field.
ESPN will televise the Cup race, and ESPN2 will air the Nationwide event.
<< Boston activates trio, including Beckett
Arlington, TX (Sportsbook Betting Lines) - The Boston Red Sox activated starting pitcher
Josh Beckett and infielders Sean Casey and Mike Lowell from the 15-day
disabled list Friday.
Beckett is scheduled to take the mound tonight against the
<< Nationwide qualifying washed out at Richmond
Richmond, VA (Sportsbook Betting Lines) - Rain from the outer bands of Tropical Storm
Hanna have forced NASCAR officials to cancel qualifying for Friday night's
Emerson Radio 250 Nationwide Series race at the Richmond International
Raceway
<< Jankovic reaches U.S. Open final
Flushing Meadows, NY (Sportsbook Betting Lines) - Former world No. 1 Serb Jelena
Jankovic secured a berth in Saturday night's U.S. Open women's final.
The second-seeded Jankovic handled fifth-seeded Russian Elena Dementieva 6-4,
6-4 in Friday's firs
<< Stuttgart's Gomez considering options
Stuttgart, Germany (Sportsbook Betting Lines) - Stuttgart striker Mario Gomez admitted on
Friday he is keen to play in one of Europe's other top leagues.
The 23-year-old Germany international was the subject of a failed approach from
Manchester City
U.S. Open contingency plans in place for Hanna >>
Flushing Meadows, NY (Sportsbook Betting Lines) - U.S. Open officials made contingency
plans due to the expected arrival of Tropical Storm Hanna this weekend, and it
could push the women's final to Sunday night and the men's championship match
to late
Im still in front at Canadian Tour Championship >>
Toronto, ON (Sportsbook Betting Lines) - Daniel Im posted a four-under 68 on Friday to
stay atop the leaderboard after the second round of the Canadian Tour
Championship.
Im finished 36 holes at 12-under 132 and is one ahead at National P
Rangers' Kinsler to have season-ending surgery >>
Arlington, TX (Sportsbook Betting Lines) - Texas Rangers second baseman Ian Kinsler
will undergo season-ending surgery to repair a sports hernia.
Kinsler, out since August 18 with the injury, decided to forego an attempt to
come back this season
Rangers OF Byrd injures thumb >>
Arlington, TX (Sportsbook Betting Lines) - Texas Rangers outfielder Marlon Byrd left
Friday's game with the Boston Red Sox after spraining his left thumb.
The injury occurred while Byrd tried to make a diving catch on Dustin
Pedroia's line drive 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 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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