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01/27/2012 - Daytona Beach, FL (Sportsbook Betting Lines) - A.J. Foyt will miss this weekend's Rolex 24 at Daytona after being hospitalized due to complications from recent knee surgery.
Foyt, a four-time Indianapolis 500 winner, was scheduled to serve as Grand Marshall for the 50th anniversary of the 24-hour endurance race at Daytona International Speedway. He is also a winner of the Daytona 500 and the 24-hour race there.
"I am really sorry that I can't be there this weekend for the Rolex 24," Foyt said in a statement released on Friday. "I was really looking forward to it, because I thought it was a great honor to be asked to be the Grand Marshal of the 50th Anniversary of that race and considered it to be one of the great highlights of my career.
"I feel so bad that I let everyone down. I was also looking forward to seeing some of my old friends and the race cars that I drove in that race. It was going to be a really fun weekend for me, but I guess I'll be watching the race from my hospital room. Yep, the doctors pulled rank on me. And I hate to admit, but I think they're right -- this time. I'd like to wish everyone a safe race, and I'll be with you in spirit."
Foyt is expected to make a full recovery.
<< Hannover gets first Bundesliga win since October
Hannover, Germany (Sportsbook Betting Lines) - Mohammed Abdellaoue scored his 10th goal
of the season and Hannover edged Nurnberg, 1-0, on Friday at AWD Arena for its
first Bundesliga win since October.
Hannover had six draws and two losses in its l
<< Patriots' defense making the most of spare parts
(Sportsbook Betting Lines) - A year ago, Sterling Moore was taking in the Super Bowl as a
spectator, perched way up in the rafters of spacious Cowboys Stadium as a
college senior at nearby Southern Methodist University.
The rookie cornerback will have
<< Bucks' Bogut out with fractured ankle
Milwaukee, WI (Sportsbook Betting Lines) - Milwaukee Bucks center Andrew Bogut will
miss the next 8-to-12 weeks with a fractured left ankle.
Bucks general manager John Hammond made the announcement on Friday through the
club's Twitter account.
<< PSV Eindhoven claims top spot in Eredivisie
Eindhoven, Netherlands (Sportsbook Betting Lines) - Dries Mertens scored his 14th goal
as PSV Eindhoven defeated Vitesse, 3-1, on Friday to move into first place in
the Dutch Eredivisie.
Tim Matavz and Stanislav Manolev also scored for PSV, which c
Real Madrid goes for fifth-straight win vs. Zaragoza >>
Madrid, Spain (Sportsbook Betting Lines) - Real Madrid welcomes Real Zaragoza to the
Bernabeu in La Liga action Saturday as the first-place club looks to secure
its fifth-straight league win.
The leaders enter the weekend with a five-poin
WR Nicks among Giants to miss practice >>
East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants wide receiver Hakeem
Nicks missed practice for a second straight day Friday because of a sprained
shoulder.
Nicks, the team's second-leading receiver, said he has a sprained AC join
Sixers sign Elson >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia 76ers signed free-agent
veteran center Francisco Elson on Friday.
The signing provides the Sixers depth in the frontcourt as Spencer Hawes and
rookie Nikola Vucevic have battled inj
PSG resumes Ligue 1 play without Pastore >>
Brest, France (Sportsbook Betting Lines) - PSG has continued its spending spree with the
signings of Brazilian defenders Alex and Maxwell, but will be without its most
expensive addition, Javier Pastore, on Saturday at Brest.
Pastore, acquired for app
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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