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09/02/2010 - Inglewood, CA (Sportsbook Betting Lines) - The 2010 Oak Tree racing meet will be conducted at Hollywood Park. The announcement became official on Thursday.
"It's an honor to run the Oak Tree stakes races at Hollywood Park," said Martin Panza, Hollywood Park's vice-president of racing and racing secretary. "Oak Tree has seven Grade 1's that are very prestigious and extremely significant in getting horses ready for the Breeders' Cup. We look forward to having those races run here."
The Oak Tree Racing Association's 42nd season will be held from Thursday, September 30 through Sunday, October 31. The association's thoroughbred season had been held at Santa Anita Park beginning in 1969.
Questions about the condition of Santa Anita's synthetic track forced Oak Tree to move its 2010 races to Hollywood Park. Santa Anita, which is owned by MI Developments, intends to change its main racing surface to dirt in time for the 2010-11 meeting.
Earlier this summer MID Chairman Frank Stronach agreed to a special one-year lease contract with Oak Tree that would have allowed the non-profit organization to operate this fall as originally scheduled. MID voided the original lease with Oak Tree in May, which was scheduled to be good through 2016.
Two-time champion mare Zenyatta is scheduled to have her final Breeder's Cup prep during the Oak Tree meet. The six-year-old will start in the $250,000 Lady's Secret Stakes on Saturday, October 2. The 1 1/16-mile race had been slated to be renamed in honor of the reigning Eclipse Award winner. However, the original name has been re-instituted.
<< Deutsche Bank extends sponsorship through 2012
Norton, MA (Sportsbook Betting Lines) - Deutsche Bank has exercised a two-year option to
remain as the title sponsor of the PGA Tour playoffs event at the TPC Boston
through 2012.
The Deutsche Back Championship debuted in 2003, marking the return o
<< Cane Pace kicks off Triple Crown series
Freehold, NJ (Sportsbook Betting Lines) - Pacing's Triple Crown gets started on Labor
Day with the running of the $300,000 Cane Pace at Freehold Raceway. Eight
three-year-old pacers have been entered for the one-mile stakes.
The Triple Crown
<< A's P Braden leaves game
Bronx, NY (Sportsbook Betting Lines) - Oakland Athletics pitcher Dallas Braden left
Thursday's start against the New York Yankees with cramping on a hot day at
Yankee Stadium.
Braden exited in the sixth inning with Oakland trailing, 1-0. T
<< Celtics roll the dice with West
Philadelphia, PA (Sportsbook Betting Lines) - The Miami Heat may have dominated the
offseason headlines, but the Boston Celtics are still the top dogs in the East.
After taking the Los Angeles Lakers to seven games in the NBA Finals last
season, the v
Wozniacki rolls into third round in Flushing >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Top-seeded Caroline Wozniacki was an
easy second-round winner Thursday at the 2010 U.S. Open.
The 2009 runner-up Wozniacki double-bageled Taipei's Kai-Chen Chang 6-0, 6-0
in a mere 47 minutes at Ashe
Sabathia domiantes as Yanks sweep A's >>
Bronx, NY (Sportsbook Betting Lines) - CC Sabathia became baseball's first 19-game
winner with a one-hitter over eight innings as the Yankees completed a four-
game sweep of Oakland with a 5-0 win.
Sabathia (19-5) now has a streak of 21 unbe
Penn St prez welcomes Nebraska crossover game >>
STATE COLLEGE, Pa. (AP) -Penn State president Graham Spanier likes the revised Big Ten football schedules that include a regular high-profile game with Nebraska.The conference announced Wednesday new divisional alignments and schedules for football
Nike to alter uniform ad that upset mine activists >>
MORGANTOWN, W.Va. (AP) -West Virginia University says Nike will modify the graphic in a promotional ad for a new football uniform that depicts a mountaintop removal mine.A statement issued late Thursday from Nike said the same thing WVU said earlier
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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