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08/28/2010 - Joliet, IL (Sportsbook Betting Lines) - Dario Franchitti gave his IZOD IndyCar Series title defense a huge boost by winning Saturday's Peak Antifreeze and Motor Oil Indy 300 at Chicagoland Speedway.
Franchitti opted not to take on new tires and took the lead during a late-race round of pit stops under caution. He held off challenges from Dan Wheldon and Marco Andretti during the final 25 laps to claim his third victory of the season and the 16th of his IndyCar career.
Wheldon finished second, and Andretti took the third spot. Ryan Hunter-Reay and Tony Kanaan rounded out the top-five.
Current points leader Will Power battled for the lead until four laps remaining when he had to pit unexpectedly for fuel. Power finished one lap behind in 16th and saw his lead over Franchitti trimmed to 23 points with three races remaining in the season.
<< Hudson fans career-best 13 as Braves pummel Marlins
Atlanta, GA (Sportsbook Betting Lines) - Tim Hudson struck out a career-high 13 in
seven strong innings, and the Atlanta Braves pummeled the Florida Marlins, 12-
3, to avoid their first home series loss since April.
Hudson (15-5) exceeded his p
<< Dunn, Nats clobber Cardinals
Washington, DC (Sportsbook Betting Lines) - Adam Dunn hit a three-run homer and
doubled in two more as Washington thumped the Cardinals, 14-5, in the
continuation of a four-game series.
Roger Bernadina had a two-run home run and sco
<< Houston's Myers upends Santana, Mets
Flushing, NY (Sportsbook Betting Lines) - Brett Myers tossed seven strong scoreless
innings while Carlos Lee hit a two-run shot and drove in three runs as Houston
downed the New York Mets, 4-1, in the middle test of three between the clubs
at Citi
<< Mapp's stoppage-time goal helps Union sink 10-man Revs
Foxborough, MA (Sportsbook Betting Lines) - The Philadelphia Union scored two goals in
the final eight minutes of their Major League Soccer match at the New England
Revolution on Saturday night to earn a 2-1 win.
Second-half substitute Justin Map
Flacco leads Ravens over Giants >>
Baltimore, MD (Sportsbook Betting Lines) - Joe Flacco played into the third quarter and
passed for 229 yards and two touchdowns on 21-of-34 efficiency, pacing the
Ravens over the Giants, 24-10, in preseason action.
Flacco was also picked off on
Braden tosses four-hitter as A's down Rangers >>
Arlington, TX (Sportsbook Betting Lines) - Dallas Braden threw his second shutout of
the season to lift the Oakland Athletics to a 5-0 win over the Texas Rangers
in the second of a three-game set.
Braden (9-9) gave up just four hits and struck
Johnson's 10th-inning homer gets Rays past Red Sox >>
St. Petersburg, FL (Sportsbook Betting Lines) - Dan Johnson's leadoff homer to right
field in the bottom of the 10th inning lifted Tampa Bay over Boston,
3-2, in the second of three between the clubs at Tropicana Field.
The hit made a wi
Yankees outslug White Sox >>
Chicago, IL (Sportsbook Betting Lines) - Rookie Eduardo Nunez hit his first career
home run and drove in a total of four runs, as the New York Yankees outlasted
the Chicago White Sox, 12-9, in the second test of a three-game set from U.S.
Cellula
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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