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06/27/2010 - Loudon, NH (Sportsbook Betting Lines) - The IZOD IndyCar Series will return to New Hampshire Motor Speedway in July 2011, Indy Racing League and NHMS track officials announced on Sunday.
IRL chief executive officer Randy Bernard, Speedway Motorsports Inc. chairman and CEO Bruton Smith and NHMS general manager Jerry Gappens, as well as 2009 IndyCar champion Dario Franchitti, were among those present for the formal announcement, which was made hours before the start of the NASCAR Sprint Cup Series race at the flat 1.058-mile oval.
"We're pleased to restore an Indy car short oval to the schedule to further increase our diversity of venues," Bernard said. ""As evident last weekend in Iowa, our cars produce tremendous racing on short ovals."
IndyCar competed at New Hampshire from 1996-98. Two-time NASCAR Cup champion Tony Stewart won the last IndyCar event here in '98.
"It will be a great track for us, similar to Milwaukee, with those long straights and those tight corners," Franchitti said. "I'm looking forward to racing here."
Last month, IRL officials reveal the City of Baltimore will host an IndyCar race for the first time on a temporary street circuit in the city's downtown area in August 2011.
IndyCar is off this weekend before they head to the Watkins Glen, NY road course on July 4.
On Saturday, IndyCar star Danica Patrick competed in the NASCAR Nationwide Series race at New Hampshire, finishing 30th.
<< Reds send down LeCure
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Reds have optioned rookie
hurler Sam LeCure and recalled pitcher Bill Bray from Triple-A Louisville.
The Reds summoned LeCure from Louisville to make his major league debut on May
28 agai
<< Officiating not to blame for England's defeat
Philadelphia, PA (Sportsbook Betting Lines) - Had Frank Lampard's shot in the 38th
minute been correctly ruled a goal, England may have gone on to win its round
of 16 match against Germany on Sunday and advanced to the quarterfinals.
You can m
<< Velasco captures home win in Spain
La Gomera, Spain (Sportsbook Betting Lines) - Spain's Alvaro Velasco shot a six-under 65
to earn a victory on home soil Sunday at the Fred Olsen Challenge de Espana.
Velasco finished with an 18-under 266 on the Tecina course to beat Scotland's
Elliot
<< Australia's Lunn wins Portugal Ladies Open
Turcifal, Portugal (Sportsbook Betting Lines) - Karen Lunn fired a seven-under 65 to
capture the Portugal Ladies Open on Sunday for her first Ladies European Tour
win in 13 years.
The 42-year-old Australian started the final round with an eagle
Another Orioles comeback results in sweep of Nats >>
Baltimore, MD (Sportsbook Betting Lines) - Miguel Tejada knocked in the winning run with
a two-out single in the eighth inning, as Baltimore came from behind for a
third straight day to upend Washington, 4-3, and wrap up their three-game
interle
Venable's homer helps Padres sweep Marlins >>
Miami, FL (Sportsbook Betting Lines) - Will Venable hit a two-run homer in the top of
the eighth and drove in a total of three runs, as the San Diego Padres
defeated the Florida Marlins, 4-2, to complete a three-game series sweep at
Sun Lif
Argentina eliminates Mexico again >>
Johannesburg, South Africa (Sportsbook Betting Lines) - Carlos Tevez and Gonzalo Higuain
scored in a seven-minute stretch midway through the first half, and Argentina
beat Mexico, 3-1, on Sunday at Ellis Park Stadium to return to the
quarter
Johnson outruns Kurt Busch for New Hampshire win >>
Loudon, NH (Sportsbook Betting Lines) - Jimmie Johnson passed Kurt Busch for the lead
with less than two laps remaining to win Sunday's Lenox Industrial Tools 301
at New Hampshire Motor Speedway.
Johnson, who also won last weekend's road-course
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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