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01/09/2012 - Spartanburg, SC (Sportsbook Betting Lines) - In addition to his full-time Sprint Cup Series schedule, Kurt Busch will compete in selected Nationwide Series races for Phoenix Racing during the 2012 season.
The team noted in its news release on Monday that Busch will race in "all major events" in Nationwide this year. He will compete in next month's season- opener at Daytona. No other dates have been announced at this time.
"Everyone at Phoenix Racing is excited about competing on the Nationwide circuit this year," Steve Barkdoll, general manager of Phoenix Racing, said in a team statement. "Our Nationwide Series team is a proven, winning organization, and we're looking forward to Busch continuing the tradition. This is a great opportunity for a company to partner with a top-notch program."
Last month, Busch signed with Phoenix Racing for the upcoming Sprint Cup season after he parted ways with Penske Racing.
Phoenix Racing has collected 12 wins and 150 top-10 finishes since it entered Nationwide competition in 1989. Busch has three Nationwide victories so far, with his most recent win coming last August at Watkins Glen, NY, where he substituted for the injured Brad Keselowski.
<< In the FCS Huddle: North Dakota State a unanimous No. 1
Philadelphia, PA (Sportsbook Betting Lines) - Are they still celebrating in Fargo?
No doubt.
The North Dakota State Bison have some memories that will last a lifetime.
NDSU has left no doubt about which Football Championship Subdivision team was
<< United needs more than Scholes
(Sportsbook Betting Lines) - When Paul Scholes retired following the 2010-11 season,
which saw him collect his 10th league title as a Manchester United player, he
instantly placed himself among the list of legends at Old Trafford.
In addition to
<< Benn, Lupul, Anderson named NHL's 'Three Stars'
New York, NY (Sportsbook Betting Lines) - Dallas Stars left wing Jamie Benn, Toronto
forward Joffrey Lupul and Ottawa goaltender Craig Anderson have been named the
NHL's 'Three Stars' for the week ending January 8.
Benn notched four goals and th
<< Portland's Horst undergoes hip surgery
Portland, OR (Sportsbook Betting Lines) - Portland Timbers defender David Horst has
undergone surgery to repair a torn labrum and femoroacetabular (FAI)
impingement in his left hip.
The 26-year-old appeared in 16 games for Portland l
Schaken extends Feyenoord stay >>
Rotterdam, Netherlands (Sportsbook Betting Lines) - Feyenoord winger Ruben Schaken has
signed a new contract with the club that keeps him in Rotterdam until the end
of the 2013-14 season.
Schaken had been rumored to be leaving the Netherlands, b
Vikings' Greenway added to Pro Bowl roster >>
Eden Prairie, MN (Sportsbook Betting Lines) - Minnesota Vikings linebacker Chad Greenway
has been added to the NFC Pro Bowl team as an injury replacement for Chicago's
Lance Briggs.
Greenway will appear in his first Pro Bowl after recording a personal
Chargers won't opt out of lease this year >>
San Diego, CA (Sportsbook Betting Lines) - The Chargers are staying in San Diego, at
least for another year.
In a joint statement issued Monday, the Chargers and San Diego Mayor Jerry
Sanders say the team will not trigger a termination clau
Messi named 2011 Ballon d'Or winner >>
Zurich, Switzerland (Sportsbook Betting Lines) - Barcelona forward Lionel Messi was
named the 2011 FIFA Ballon d'Or winner on Monday, claiming the honor for the
third successive year.
Messi beat out Barcelona teammate Xavi Hernandez and Cristia
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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