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10/07/2011 - Kansas City, KS (Sportsbook Betting Lines) - After months of speculation, Michael Waltrip Racing revealed on Friday that Clint Bowyer has inked a three-year agreement to drive the team's No.15 Toyota in the Sprint Cup Series, beginning in 2012.
Bowyer and team owner Michael Waltrip made the announcement at Kansas Speedway, the site of this weekend's 400-mile Sprint Cup race. Bowyer will join David Reutimann and Martin Truex Jr., making MWR a three-car operation full-time next year.
"Michael Waltrip Racing is a growing team that is hiring a lot of the right people and on the brink of breaking out," said Bowyer, who hails from nearby Emporia, KS. "I know I'm joining it at the right time."
MWR also announced that 5-Hour ENERGY will serve as primary sponsor for Bowyer's team.
Bowyer has driven for Richard Childress Racing in both the Sprint Cup and Nationwide Series since 2004. He won the Nationwide title three years ago.
The 32-year-old has been a full-time competitor in NASCAR's premier series since 2006, scoring four victories, 90 top-10 finishes and two pole positions in 210 starts. Bowyer qualified for the championship Chase in 2007, '08 and last year. He finished a career-best third in points in '07.
Bowyer missed out on this year's Chase. He is presently 13th in the point standings.
"This has been a very long summer, but I think for everyone involved, the best decision was made to be at Michael Waltrip Racing," he said. "I've been with one organization [RCR] for my entire Sprint Cup career, and leaving there was the hardest part of the decision. But now I'm ready to start the next chapter in my racing career."
MWR entered Sprint Cup competition at the start of the '07 season. The team has two race wins so far -- both from Reutimann.
"This is a watershed moment for our young organization," Waltrip said. "Clint is a proven winner and consistent Chase participant. He had a lot of options, and it makes me proud that Clint and 5-hour ENERGY chose to race with us."
<< Tuck and Jacobs doubtful for Sunday
East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants defensive end Justin
Tuck and running back Brandon Jacobs are doubtful for Sunday's game against
the Seattle Seahawks.
Tuck has a lingering neck injury he suffered in a preseason
<< Vanek, Pominville power Sabres to win over Ducks in season opener
Helsinki, Finland (Sportsbook Betting Lines) - Thomas Vanek scored two goals and added
an assist, leading the Buffalo Sabres to a convincing 4-1 win over the Anaheim
Ducks in the season opener for both teams.
Finland native Ville Leino chipped in wi
<< Richards shines, helps Kings top Rangers in OT
Stockholm, Sweden (Sportsbook Betting Lines) - Mike Richards shined in his Kings debut.
The former Philadelphia captain scored the tying goal in the latter stages of
regulation and set up Jack Johnson's game-winner in overtime, as Los Angeles
opene
<< Sounders hoping to secure top two finish vs. Union
Seattle, WA (Sportsbook Betting Lines) - In search of its fourth straight league win,
Seattle Sounders FC can solidify second place in Major League Soccer with a
result against the Philadelphia Union on Saturday.
By taking just a point from S
Slumping Eagles head to Buffalo seeking to end skid >>
(Sportsbook Betting Lines) - The Buffalo Bills have made a habit of overcoming big early
deficits at home during the initial stages of this season. The Philadelphia
Eagles, on the other hand, have had all kinds of trouble holding onto a lead
during an un
Rookie quarterbacks to face off in Bengals-Jaguars tilt >>
(Sportsbook Betting Lines) - So, Carson Palmer -- any regrets?
When the quarterback and former No. 1 overall draft pick took the third year of
his six-year, $118.75 million contract off and went home in an effort to force
a trade from the only NFL tea
Surging Titans ready for test from established Steelers >>
(Sportsbook Betting Lines) - Points have been hard to come by this season when the
Tennessee Titans or Pittsburgh Steelers are lined up on the defensive side of
the ball, but the edge in this Week 5 showdown at Heinz Field could have
shifted to the visit
Still-winless Colts host Chiefs in clash of plummeting clubs >>
(Sportsbook Betting Lines) - Both the Indianapolis Colts and Kansas City Chiefs were
playoff teams a year ago, but each seems to be a substantial long shot to get
there this season.
While the Chiefs were finally able to record their first win of 2011
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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