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07/13/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Tuesday the sports world lost one of its most recognizable figures when a heart attack claimed the life of George Steinbrenner. The owner of the New York Yankees passed away at the age of 80.
While best known as the owner of the Bronx Bombers, the Ohio-native was very much involved in thoroughbred racing. He raced under the name of Kinsman Stable and bred horses at Kinsman Farm in central Florida.
"The thoroughbred racing world joins the rest of the sporting community in mourning the death of George Steinbrenner," said Alex Waldrop, President and CEO of the National Thoroughbred Racing Association. "He was a devoted owner and breeder and philanthropist for more than 40 years, and his Kinsman Farm near Ocala, FL, produced numerous stakes winners. His many contributions to our sport are greatly appreciated, and he will be sorely missed."
Steinbrenner never won a Triple Crown race, though he had serious contenders for the Run for the Roses. In 2005 he even had the post-time favorite for the 1 1/4-mile race at Churchill Downs.
Bellamy Road, a colt purchased by Steinbrenner, had won the Wood Memorial at Aqueduct prior to starting in the Kentucky Derby. The three-year-old was made the 5-2 favorite for the race over Arkansas Derby champ Afleet Alex, Santa Anita Derby winner Buzzards Bay and Blue Grass Stakes champ Bandini.
Ridden by Javier Castellano, Bellamy Road sat third at the start behind pacesetters Spanish Chestnut and Going Wild. Coming off the final turn, Steinbrenner's colt was second, only a head in back of stablemate High Fly.
But Bellamy Road picked the wrong year to challenge for the lead in the Kentucky Derby. The fast pace (the first six furlongs went in 1:09 2/5) took its toll on the front-runners and a pair of longshots Giacomo (50-1) and Closing Argument (71-1) came charging down the stretch to finish first and second, respectively.
Steinbrenner's horse couldn't keep up and faded to seventh in the 20-horse field. Bellamy Road was one of six Kentucky Derby starters that Mr. Steinbrenner had.
Bellamy Road was not entered in the remaining two Triple Crown races, but he came back to finish second to Flower Alley in the Travers as the 2-1 second choice.
In his career Bellamy Road won four of seven starts with one second-place finish and banked $811,400.
"The two best horses I ever trained,' said Nick Zito, "were Unbridled's Song and Bellamy Road."
Along with his involvement with Major League Baseball and thoroughbred racing, Steinbrenner was a benefactor of the Penn Relays track and field carnival. His father, running for MIT, was the 1927 high hurdles champion at the Franklin Field event. George was a hurdler at Williams College and the Lockbourne Air Base.
<< Tottenham's Bentley suffers injury setback
London, England (Sportsbook Betting Lines) - Midfielder David Bentley will miss
Tottenham Hotspur's preseason tour to the United States with ankle ligament
damage.
Bentley limped out of Saturday's friendly against Bournemouth after land
<< Ilgauskas follows LeBron to Miami
Cleveland, OH (Sportsbook Betting Lines) - Center Zydrunas Ilgauskas has apparently
decided to join former Cavaliers teammate LeBron James in Miami.
The Plain Dealer of Cleveland reported Tuesday afternoon that Ilgauskas will
sign with the Hea
<< Gosling set to join promoted Newcastle
Newcastle, England (Sportsbook Betting Lines) - Newcastle United appears to have won the
race to sign Dan Gosling, who left Everton last week in controversial
circumstances.
However, United boss Chris Hughton will not be able to unveil the $
<< Dundee signs Swanson to extension
Dundee, Scotland (Sportsbook Betting Lines) - Dundee United midfielder Danny Swanson
has penned a contract extension to keep him at Tannadice until the summer of
2012.
The 23-year-old has scored seven times in 87 appearances for the Terrors t
Pennetta, hot Rezai, Errani move on in Palermo >>
Palermo, Italy (Sportsbook Betting Lines) - Top-seeded Italian favorite Flavia
Pennetta, last week's Bastad champion Aravane Rezai and 2009 Palermo runner-up
Sara Errani of the host nation posted first-round victories Tuesday at the
$220,00
Carr to retire from Michigan athletic department >>
Ann Arbor, MI (Sportsbook Betting Lines) - Former Michigan head football coach and
current associate athletic director Lloyd Carr will retire from the school's
athletic department in September.
Carr will officially retire September 1, endin
Sydor calls its a career >>
St. Louis, MO (Sportsbook Betting Lines) - Defenseman Darryl Sydor announced his
retirement Tuesday after 18 seasons in the NHL.
Sydor, 38, played in 47 games for the Blues last season, posting eight
assists.
"I've known Darryl fo
Judge sets Aug 4 auction of Texas Rangers >>
FORT WORTH, Texas (AP) -A federal bankruptcy judge has decided that the Texas Rangers will be auctioned off after all.U.S. Bankruptcy Judge D. Michael Lynn set the date for Aug. 4.Major League Baseball endorsed its preferred buyer - a group led by t
Mens NCAA Basketball Tournament odds
As of February 9, MySportsbook.com has released its coveted 2007 Mens NCAA Basketball Tournament betting odds. “March Madness betting ” only a month away, the top ranked Florida Gators are favorite at 7-2 to win it all. The defending champs have not disappointed at all this season and currently have a 22-2 record and are undefeated (9-0) in SEC play. The Gators’ thrive off of their extremely balanced, experienced and versatile attack. All five starters started in last seasons National Championship game. What is most impressive with this group is their balance; the five starters all average between 10.7 and 13.6 PPG. The Gators have been on an absolute roll having won 15 straight by an average of 16.4 PPG.
Right behind the Gators are the 5th ranked UNC Tar Heels at 9-2. The Heels (21-3, 7-2) are absolutely loaded with top notch talent and are as deep as any team in the country. A concern for the Tar Heels might be inexperience. Of their top four scorers/ minute earners, three are freshmen and the other is a sophomore. The rest of the regular season, the Tar Heels play only one team that is currently ranked (Duke). Their remaining opponents do combine for an impressive 107-58 record though.
Other teams that the MySportsbook.com members seem to believe will win it all include the west coasts’ top team #2 UCLA (6-1), #3 OSU behind man-child Greg Oden (8-1), and #4 Wisconsin (10-1) behind their defense which has given up 70+ points only three times all season.
Below is a list of some of the favorites to win the 2007 Men’s NCAA Basketball Championship lines. For the full list of teams and March Madness odds be sure to log onto MySportsbook.com. If you want to use your credit card to bet on college hoops or any other event, MySportsbook.com has the highest credit card acceptance rate in the industry.
Arizona 20-1
Butler 20-1
Duke 30-1
Florida 7-2
Georgetown 30-1
Indiana 35-1
Kansas 15-1
Marquette 25-1
Maryland 40-1
Memphis 50-1
Nevada 50-1
UNC 9-2
OSU 8-1
Oregon 30-1
Pittsburgh 15-1
Texas 30-1
Texas A&M 18-1
UCLA 6-1
Wisconsin 10-1
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook betting needs.
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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