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08/23/2010 - Birmingham, AL (Sportsbook Betting Lines) - Shoal Creek will host a Champions Tour major next season, it was announced Monday.
The Birmingham club, best known as the controversial host of the 1990 PGA Championship, will be the site of the re-named Regions Tradition.
Regions Financial became the new title sponsor for the tournament formerly known as the JELD-WEN Tradition. The company previously sponsored the Regions Charity Classic played in Hoover, Alabama.
The 2011 Tradition will be played May 2-8, making it the first of five majors on the schedule for the 50-and-over tour.
"We're very excited to move this major championship to Alabama and Shoal Creek," Champions Tour president Mike Stevens said in a release.
The official announcement was made at a press conference Monday attended by Lee Trevino, among others. Trevino won the 1984 PGA Championship at Shoal Creek.
The club is better-known, however, for the criticism it received about its all-white membership leading up to the '90 PGA Championship. Wayne Grady won the tournament.
This season's Tradition was won by Fred Funk on Sunday at Sunriver Resort in Oregon.
<< Goydos withdraws from playoffs opener
Paramus, NJ (Sportsbook Betting Lines) - Paul Goydos has withdrawn from The Barclays.
The PGA Tour said Monday that Goydos did not give a reason for pulling out of
the tournament.
Only the top 125 players on the regular season points list made the
<< Caldwell joins Wigan on free transfer
Wigan, England (Sportsbook Betting Lines) - Wigan completed the signing of defender
Steven Caldwell on Monday on a free transfer.
Caldwell, 29, was released by Burnley at the end of last season after the club
was relegated to the Championship, a
<< Bears sign veteran QB Collins
Lake Forest, IL (Sportsbook Betting Lines) - The Chicago Bears added depth to the
quarterback position on Monday by signing veteran Todd Collins to a one-year
contract.
Collins, who turns 39 in November, has completed 381-of-674 passes for
<< Stoke's Sidibe out for season with Achilles injury
Stoke-on-Trent, England (Sportsbook Betting Lines) - Stoke City striker Mamady Sidibe
will miss the remainder of the Premiership season, it was confirmed by the
club on Monday.
Sidibe snapped his Achilles tendon in Saturday's 2-1 defeat to Tot
Report: Huet loaned to Switzerland >>
Zurich, Switzerland (Sportsbook Betting Lines) - The Chicago Blackhawks have reportedly
made the move everyone was expecting over the summer, finding another circuit
for goaltender Cristobal Huet.
According to the Swiss website 20 Minutes Online, th
Brewers release P Riske >>
Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers announced Monday the
release of relief pitcher David Riske.
A corresponding move will be announced on Tuesday.
Riske appeared in 23 games for the Brewers this season and recorde
Boston College WR Larmond out for season >>
Chestnut Hill, MA (Sportsbook Betting Lines) - Boston College wide receiver Colin
Larmond, Jr. will miss the entire 2010 season after suffering a serious knee
injury on Saturday.
Larmond, a junior, was the team's leading returning rec
Red Wings re-sign Abdelkader >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Red Wings and left winger Justin
Abdelkader agreed to terms on a two-year contract Monday.
Abdelkader, 23, appeared in 50 games with the Red Wings last season, recording
three goals and six poin
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.
MySportsbook.com and Kentucky Derby Offer Bonuses
The 2008 Kentucky Derby has announced a $1-million bonus for this weekend’s 134th ‘Run for the Roses’ and MySportsbook.com is doing the same.
Well, not quite $1 million, but MySportsbook.com is offering a 75% rebate for Kentucky Derby lines. Check out the exclusive horse racing bonus for all the details.
According to MySportsbook.com, the favorites for Saturday’s Kentucky Derby at Churchill Downs in Louisville, Kentucky are: Curlin (+250); Street Sense (+500); Scat Daddy (+700); Circular Quay (+750); and Nobiz Like Shobiz (+800).
Derby organizers announced this week that there will be a $1-million bonus at the 2007 Kentucky Derby odds if the first-place horse wins by more than 6 1/2 lengths – the margin of Barbaro's victory last year. The bonus would be divided Saturday among the winning trainer, jockey, owner and a charity, with each receiving 25 percent. The designated charity is the Barbaro Memorial Fund.
''It's certainly creative, it's certainly fun and it has something for the horsemen, which we always want to embrace,'' Churchill Downs president and chief executive Robert Evans said at a news conference. ''What's really cool is it will force us to remember Barbaro.''
Meanwhile, the Derby favorite – Curlin – is going against the odds this year. It's been 125 years since Apollo won after skipping his 2-year-old season, and not since Regret in 1915 has such a lightly seasoned horse worn the blanket of red roses.
Arkansas Derby winner Curlin – unbeaten in three career races – tries to overcome both those obstacles in Saturday's 133rd Derby.
''We're not running against history,'' trainer Steve Asmussen said Monday. ''We're running against who they load up.''
Six other horses have run in the Derby without benefit of 2-year-old races and with three or fewer starts. The best any of them managed was a sixth-place finish by Showing Up last year.
Asmussen dismissed suggestions that Curlin's lack of racing experience could keep him from the winner's circle.
”He exudes confidence and he's got a great presence about him,'' the trainer said. ''I feel great about the position we're in. He's not worried about anything, why should you be?''
The Kentucky Derby is at 4:04 p.m., ET Saturday.
For complete odds on the Kentucky Derby, visit MySportsbook.com. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
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