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06/09/2010 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR doled out huge penalties Wednesday to Front Row Motorsports in the wake of illegal valve stem caps that were used on Travis Kvapil's car last weekend during the Gillette Fusion ProGlide 500.
NASCAR fined Front Row Motorsports crew chief Steve Lane $100,000 and suspended him for 12 weeks. The organization also suspended Front Row Motorsports car chief Richard Bourgeois and tire specialist Michael Harrold for 12 weeks, and also docked Kvapil and car owner Doug Yates 150 points each.
Team owner Bob Jenkins appealed the harshness of the penalty.
"We take the rules of this sport very seriously, and we support NASCAR in its enforcement of those rules," Jenkins said in a statement. "It was not our intent to put unapproved valve stem caps on our car at Pocono, a track where such a maneuver would clearly not provide any advantage. We are conducting our own internal investigation to determine how those parts got into our inventory and onto our car last weekend.
"While we recognize we have to pay for our mistake, this was an unintentional, isolated incident. We plan to immediately submit an appeal through NASCAR's formal appeal process as outlined by the NASCAR rule book."
Because of the point deduction, Kvapil was knocked out of the top 35 in the Sprint Cup Series owner standings, meaning he'll have to qualify on speed and isn't guaranteed a spot for this Sunday's race at Michigan International Speedway.
<< Report: USC gets NCAA report, details coming later this week
Los Angeles, CA (Sportsbook Betting Lines) - The University of Southern California has
reportedly received a report from the NCAA regarding its investigation into
allegations of violations within the athletics program stemming from ex-
Trojans
<< Johnson agrees to become Nets head coach
Bristol, CT (Sportsbook Betting Lines) - Avery Johnson has confirmed that he has come
to a verbal agreement to become the next head coach of the New Jersey Nets.
Johnson will return to the sidelines after a two-year absence and inherit a
team t
<< Report: Nebraska's announcement to join Big Ten will come Friday
Omaha, NE (Sportsbook Betting Lines) - Nebraska will reportedly announce Friday its
intentions to leave the Big 12 and move to the Big Ten Conference.
A source close to the school's board of regents told the website
orangebloods.com
<< Brewers C Zaun to have surgery
Milwaukee, WI (Sportsbook Betting Lines) - Milwaukee Brewers catcher Gregg Zaun will
have surgery on his shoulder next Tuesday to repair a torn labrum, an injury
which is season-ending and may be career-ending.
The Journal-Sentinel reported We
Blackhawks hold one-goal lead after two periods in Game 6 >>
Philadelphia, PA (Sportsbook Betting Lines) - The Chicago Blackhawks are just 20
minutes away from claiming their first title in 49 years, as they hold a 3-2
lead over the Philadelphia Flyers after two periods of play in Game 6 of
the Sta
Masterson masters former team as Indians rout Red Sox >>
Cleveland, OH (Sportsbook Betting Lines) - Justin Masterson got the better of his former
team with a two-hit shutout, the first of his career, and the Indians pulled
away late for an 11-0 shellacking of the Boston Red Sox.
Masterson (2-5) picked u
Panthers LB Davis tears ACL again >>
Charlotte, NC (Sportsbook Betting Lines) - Carolina Panthers linebacker Thomas Davis
suffered a torn anterior cruciate ligament in his right knee on Tuesday, the
same injury that ended his 2009 season.
Davis is expected to undergo surgery in
Reds double up Giants >>
Cincinnati, OH (Sportsbook Betting Lines) - Orlando Cabrera went 4-for-5 with three
doubles and three runs scored, while Jonny Gomes drove in three, as Cincinnati
downed San Francisco, 6-3, in the third of a four-game set.
Scott Rolen went 3-for-
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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