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06/05/2010 - Elmont, NY (Sportsbook Betting Lines) - Drosselmeyer passed several horses down the stretch to win the 142nd running of the Belmont Stakes in a close finish.
Ridden by Mike Smith, who was replacing last year's Belmont-winning jockey Kent Desormeaux, Drosselmeyer beat out Fly Down and First Dude to capture the victory.
Smith recorded his first Belmont Stakes victory, as did trainer Bill Mott.
MORE TO FOLLOW.
<< Price joins Armour in first in Iowa
West Des Moines, IA (Sportsbook Betting Lines) - Hall of Famer Nick Price fired a six-
under 65 on Saturday to join first-round leader Tommy Armour III in first
after 36 holes of the Principal Charity Classic.
Price and Armour, who had a two-u
<< Allgaier captures Nashville Nationwide pole
Lebanon, TN (Sportsbook Betting Lines) - Justin Allgaier will start on the pole for
Saturday's Federated Auto Parts 300 Nationwide Series race after posting the
fastest lap in qualifying at Nashville Superspeedway.
Allgaier, the 2009 rookie o
<< Report: Thibodeau accepts Bulls' three-year head coaching offer
Chicago, IL (Sportsbook Betting Lines) - Boston Celtics assistant coach Tom Thibodeau
has reportedly accepted the Chicago Bulls' offer of a three-year contract to
become the team's next head coach.
According to the Chicago Tribune, the hire will
<< Former Virginia AD Copeland passes away
Charlottesville, VA (Sportsbook Betting Lines) - Former University of Virginia football
player and athletics director Jim Copeland has died at the age of 65 following
a lengthy battle with cancer.
The Charlottesville native was the school's AD fro
Bills sign LB Torbor >>
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Bills signed free agent linebacker
Reggie Torbor to an undisclosed contract on Saturday.
Torbor, 29, appeared in all 16 games for the Dolphins last season -- his
second with the club --
Hunter solid in season debut as Texas downs Tampa >>
Arlington, TX (Sportsbook Betting Lines) - Tommy Hunter was sensational in his season
debut, hurling a complete game to lead Texas past Tampa Bay, 6-1, in the
second of a three-game set at Rangers Ballpark.
Hunter (1-0) allowed five hits,
Drosselmeyer storms back to win Belmont Stakes >>
Elmont, NY (Sportsbook Betting Lines) - Longshot Drosselmeyer, ridden by Mike Smith,
drove down the middle the track to win Saturday's 142nd running of the $1
million Belmont Stakes at Belmont Park. The victory is the first in the race
for bot
Red Sox recall Reddick, option Atchison >>
Baltimore, MD (Sportsbook Betting Lines) - The Boston Red Sox recalled outfielder Josh
Reddick from Triple-A Pawtucket on Saturday for some extra depth.
To make room on the roster, the Red Sox optioned pitcher Scott Atchison to the
same club.
Red
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.
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