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06/22/2010 - New York, NY (Sportsbook Betting Lines) - The Jockey Club has announced that William S. Farish has left his position as vice chairman and has been succeeded by Stuart S. Janney III. The organization's chairman Ogden Mills Phipps made the announcement after Monday's meeting of the Board of Stewards.
Farish served as vice chairman since 1983 and will continue on the Board of Stewards until the end of his term in 2013. He became a member of the The Jockey Club in 1970.
Janney has been with the organization since 1992. He will continue as chairman of The Jockey Club's Thoroughbred Safety Committee.
The Jockey Club is the breed registry for all thoroughbred horses in North America. It is responsible for maintaining The American Stud Book, which includes all thoroughbreds foaled in the United States, Canada and Puerto Rico as well as thoroughbreds imported into those countries from nations around the world that maintain similar thoroughbred registries.
<< Penguins, Cooke agree to terms
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Penguins and left wing Matt
Cooke have reportedly agreed to terms on a three-year contract.
The Pittsburgh Tribune-Review reported Tuesday that both sides agreed to the
deal on Monday an
<< NBA Draft Early Entries
Players who are early entry candidates for the NBA draft. The draft will be held June 24:Solomon Alabi, sophomore, C, Florida StateCole Aldrich, junior, C, KansasAl-Farouq Aminu, sophomore, F, Wake ForestJames Anderson junior, G, Oklahoma StateLuke
<< 2010 NBA Draft Order
No. Team Record (Lottery)1. Washington 26-56 1032. Philadelphia 27-55 533. New Jersey 12-70 2504. Minnesota 15-67
<< Yanks try to bounce back against power-hitting Diamondbacks
(Sportsbook Betting Lines) - Arizona Diamondbacks ace Dan Haren has never lost to the
New York Yankees in his career. That streak will be put to the test with the
Bronx Bombers in town tonight for the second portion of this three-game
interleague series
Uruguay downs Mexico to win Group A >>
Rustenburg, South Africa (Sportsbook Betting Lines) - Uruguay claimed the top spot in
Group A on Tuesday at Royal Bafokeng Stadium as it downed Mexico, 1-0, on a
first-half goal from Luis Suarez.
The win gives Uruguay seven points from its t
Nadal cruises in Wimbledon opener >>
Wimbledon, England (Sportsbook Betting Lines) - World No. 1 and former champion Rafael
Nadal was an easy opening-round winner Tuesday at Wimbledon.
The 2008 titlist Nadal blew past talented Japanese Kei Nishikori 6-2, 6-4,
6-4 on the famed Centre Co
South Africa eliminated despite beating France >>
Bloemfontein, South Africa (Sportsbook Betting Lines) - Bongani Khumalo and Katlego
Mphela scored to help South Africa edge 10-man France, 2-1, on Tuesday, but
Bafana Bafana still became the first host nation to be eliminated in the group
stage o
NHL unveils 2010-11 schedule >>
New York, NY (Sportsbook Betting Lines) - The NHL revealed its 2010-11 schedule on
Tuesday and will begin its slate of 1,230 regular-season games with five
contests on Thursday, October 7.
It had already been announced that six teams
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.
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.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting