Ambrose, JTG Daugherty Racing parting ways at season's end
Autoracing Betting Lines
07/27/2010 -
Cornelius, NC (Sportsbook Betting Lines) - JTG Daugherty Racing and driver Marcos
Ambrose will part ways at the end of the 2010 NASCAR Sprint Cup Series season,
team officials announced on Tuesday.
Ambrose has driven the No.47 Toyota for JTG Daugherty Racing since the tail
end of the 2008 season. He also drove a Nationwide Series entry full-time for
the team during the 2007 and '08 seasons.
The Australian made his first appearance with the team at Martinsville
Speedway in 2006 when he made his Camping World Truck Series debut. He was a
two-time V8 Supercar champion before coming to NASCAR.
"It has been a great five-year journey for me and JTG Daugherty Racing,"
Ambrose said in a statement. "Our plan is to complete the 2010 NASCAR Sprint
Cup Series season with the same desire and commitment and end our relationship
the same way it started with a positive attitude and the willingness to win. I
will do everything I can to help JTG Daugherty transition into next year with
their new driver."
Ambrose currently is 27th in points, with just two top-10 finishes so far this
season. He ended the 2009 season 18th in points. His career-best Cup finish of
second came last year at the Watkins Glen, NY road course. Ambrose is
considered a road course expert.
He has won the Nationwide race at Watkins Glen the last two years.
"JTG Daugherty Racing and our sponsors are obviously huge Marcos Ambrose fans,
and we are disappointed to see him leave after five great years of building a
program together from the NASCAR Camping World Truck Series, to the Nationwide
Series, and into the Sprint Cup Series," team co-owner Tad Geschickter said.
"Marcos is a friend, and he is a great talent. He will be an asset to his next
team."
Jodi Geschickter and Brad Daugherty, a former NBA player with the Cleveland Cavaliers and current analyst for NASCAR and college basketball on ESPN, also
co-own the team.
The team is expected to announce their driver for the 2001 Sprint Cup season
in the near future.
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What Is the Point Spread?
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.
How to Read Point Spreads
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:
- Philly wins the actual game by any amount of points
OR
- Philly loses the game by less than 7 points.
-
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.
For Those Who Like to Consider Things Mathematically
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
- Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
OR
- Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
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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Bonds nearly hits HR 751, SF wins
4 and drove in
a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat
1, in the middle contest of three at AT&T Park.
6) allowed five hits and one run over 6 2/3 innings, fanning
eight and walking three.
game slide.
Bonds, who came within five homers of Hank Aaron's record on Friday, went
1 with three walks, an RBI double and scored twice. The double ...
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