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05/18/2010 - Paso Robles, CA (Sportsbook Betting Lines) - Former champion thoroughbred Snow Chief has died at the age of 27 from an apparent heart attack. The 1986 Preakness Stakes winner died on Saturday at Eagle Oak Ranch.
Snow Chief was bred and co-owned by Carl Grinstead and trained by Mel Stute. The colt was voted 1986 champion three-year-old male following victories in the El Camino Real Derby, Florida Derby, Santa Anita Derby, Preakness and Jersey Derby.
Ridden by Alex Solis, Snow Chief was the 2-1 favorite for the 1986 Kentucky Derby. After racing near the leaders he finished a tiring 11th to Ferdinand and jockey Bill Shoemaker. He was held out of the Belmont Stakes.
As a four-year-old in 1987 Snow Chief won the Strub Stakes at Santa Anita and the Oaklawn Handicap at Oaklawn Park. He finished his career with 13 wins in 24 starts and $3.3 million.
<< Blue Jays homer four times in rout of Twins
Toronto, ON (Sportsbook Betting Lines) - Aaron Hill smacked a three-run home run as the
Toronto Blue Jays dominated the Minnesota Twins, 11-2, to split a two-game
set.
Lyle Overbay went 2-for-4 with a two-run home run and three RBI, Vernon
<< Li wins; Bartoli falls in Warsaw
Warsaw, Poland (Sportsbook Betting Lines) - Third-seeded Li Na posted a win, while
former Wimbledon runner-up Marion Bartoli came up a first-round loser Tuesday
at the $600,000 Warsaw Open, a final French Open tune-up.
The Chinese Li got past
<< Barca signs Milito to one-year extension
Barcelona, Spain (Sportsbook Betting Lines) - Barcelona defender Gabriel Milito has
agreed to a one-year contract extension.
The 29-year-old Argentina international has overcome an injury-plagued start
to life at the Camp Nou to become a first-
<< World Cup 2010 Preview: Capello leads rejuvenated England
Philadelphia, PA (Sportsbook Betting Lines) - A disappointing exit in the quarterfinals
of the 2006 World Cup was followed by a failure to qualify for Euro 2008,
leaving English soccer fans to wonder how bad things could get.
England's lone Wo
Quentin, White Sox take down Tigers >>
Detroit, MI (Sportsbook Betting Lines) - Carlos Quentin went 3-for-4 with two RBI and a
run scored as the Chicago White Sox took a 6-2 win over the Detroit Tigers in
an abbreviated two-game series.
Juan Pierre had two RBI and two runs scored wh
AL West: Angels hoping to make up ground >>
(Sportsbook Betting Lines) - As we near the quarter-post of the Major League Baseball
season, it's usually a good tipping point to separate the contenders from the
pretenders.
Although some may start slow, the true contenders won't be held down for l
Cudicini signs one-year deal with Tottenham >>
Portsmouth, England (Sportsbook Betting Lines) - Former Chelsea goalie Carlo Cudicini
has signed a new one-year contract with Tottenham.
The Italian has been sidelined for the last six months after being involved in
a motorbike accident which resu
Onyewu to play one year at AC Milan for free >>
Milan, Italy (Sportsbook Betting Lines) - AC Milan has handed United States defender
Oguchi Onyewu a one-year contract extension after he agreed to play for them
for free.
The 29-year-old made just one appearance for the Rossoneri this season b
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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