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01/11/2012 - New York, NY (Sportsbook Betting Lines) - Due to an error in statistics involving the voting for the 2011 Eclipse Award for Apprentice Jockey, a re-vote has been conducted by the affected organizations.
On Wednesday, the National Thoroughbred Racing Association, Daily Racing Form and the National Turf Writers And Broadcasters announced that there is no change in the three finalists for the category. Remaining as finalists are Ryan Curatolo, Kyle Frey and Rosario Montanez.
It was announced last Saturday that voting would be re-done after incorrect stats were released for eligible riders.
"This is an extremely unfortunate situation, but given the circumstances, the three voting organizations feel the only fair thing to do is to conduct a second vote," said Keith Chamblin, senior vice president of the NTRA and a member of the Eclipse Award steering committee. "The three organizations agree that to have any Eclipse Award votes cast based on inaccurate or misleading data is simply not acceptable."
The 41st Eclipse Awards ceremony will be held on Monday, January 16 in Beverly Hills, CA.
<< Judge approves agreement between Fox, Dodgers
Los Angeles, CA (Sportsbook Betting Lines) - A bankruptcy judge has reportedly approved
a settlement between the Dodgers and Fox Sports, a decision that clears the
way for the sale of the club.
According to MLB.com, U.S. Bankruptcy Judge Kevin Gro
<< Pens' Jeffrey returns from IR; Despres goes on
Washington, DC (Sportsbook Betting Lines) - The Pittsburgh Penguins activated forward
Dustin Jeffrey from injured reserve on Wednesday and placed rookie defenseman
Simon Despres on it.
Jeffrey has appeared in just six games this season while comin
<< Khedira out with ankle injury for Real Madrid
Madrid, Spain (Sportsbook Betting Lines) - Real Madrid confirmed on Wednesday that
midfielder Sami Khedira will miss an undetermined amount of time because of an
ankle injury.
Khedira twisted a ligament in his right ankle during Real's 1-0
<< NFL Divisional Round Weekend
Philadelphia, PA (Sportsbook Betting Lines) - Two years ago, three of the four wild
card-round winners came up short failing to cover their games in the next
round. Last year, the four teams split with a 2-2 mark, both straight-up and
against
California Derby attracts seven for Saturday >>
Berkeley, CA (Sportsbook Betting Lines) - The first of two stakes races for three-year-
olds at Golden Gate Fields this winter goes off on Saturday with the running
of the $100,000 California Derby. The 1 1/16-mile race is a prep event for the
track's
Tottenham topples Everton >>
London, England (Sportsbook Betting Lines) - Tottenham moved level with Manchester
United in second place in the Premiership table on Wednesday after securing a
2-0 win over Everton at White Hart Lane.
Aaron Lennon's first-half goal handed Spur
Astros claim OF Martinez off waivers >>
Houston, TX (Sportsbook Betting Lines) - The Astros have claimed outfielder Fernando
Martinez off waivers from the New York Mets.
Martinez, 23, spent most of last season with Triple-A Buffalo and hit .260
with eight home runs and 30 RBI. He ha
Earthquakes sign Gordon to new contract >>
Santa Clara, CA (Sportsbook Betting Lines) - The San Jose Earthquakes have signed
forward Alan Gordon to a new contract, it was announced on Wednesday.
Terms of the deal were not disclosed but the agreement allows Gordon to return
to San Jose,
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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