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Concord NC (Sportsbook Betting Lines) - Danica Patrick revealed on Monday that she will forgo this year's Indianapolis 500 and will instead compete in the 600-mile Sprint Cup Series race at Charlotte Motor Speedway. The Indy 500 and the Coca-Cola 600 -- NASCAR's longest race of the season -- are scheduled on May 27.
"I hope to do it [Indy 500] in the future," she said during a press conference. "At this point, after a lot of conversations, it's just going to be the Coke 600. I think it's going to be a big challenge, but I'm looking forward to it."
Patrick has competed in the Indy 500 in each of the last seven years, finishing in the top-10 six times. Her best finish in that race is third, which came in 2009. She posted a fourth-place run at Indy during her '05 rookie season in IndyCar.
Regarding this year's race at Indy, Patrick noted "It was just something that didn't quite work out on the business side of things."
Pocono is the only remaining family owned-and-operated track on the current Sprint Cup schedule.
In 2009, Mattioli received the Philanthropic Lifetime Achievement Award presented by the Association of Fundraising Professionals for his contributions to local civic organizations, hospitals, schools and charities. He served on the board of directors of numerous organizations and was dedicated to improving the quality of life in Northeastern Pennsylvania.
Service arrangements for Mattioli were not announced as of Thursday afternoon.
Last year, NASCAR revealed a host of format changes, including a revised points system for all three of its national touring series, as well as a new rule which prevented drivers from competing for a championship in more than one of the three series. Other rule modifications included two "wild card" positions for the Chase for the Sprint Cup championship format and a new qualifying procedure.
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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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