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03/14/2010 - Sao Paulo, Brazil (Sportsbook Betting Lines) - Reigning IZOD IndyCar Series champion Dario Franchitti will start on the pole for the Sao Paulo Indy 300 after posting the fastest time in Sunday's qualifying on the streets of Sao Paulo.
One day after qualifying was delayed due to poor track conditions, Franchitti lapped the 2.6-mile, 11-turn street circuit in one minute, 27.7354 seconds. Qualifying took place on the same day as the race -- a first for the series.
"I was a little surprised to get into (the Firestone Fast Six)," Franchitti said. "I didn't have a very good day yesterday. We struggled to get my car the way I wanted it to work."
IRL officials postponed Saturday's scheduled qualifying after slippery concrete and very bumpy conditions along the front straightaway portion of the track presented safety concerns. Part of the straight rests on an area referred to as the Anbembi Sambodromo, which is one-third of a mile in length. The track surface in that section recently was painted for an annual spring carnival in Sao Paulo.
Track officials brought in grinding equipment and added grooves to the track overnight. Drivers participated in a 30-minute warm-up session during the morning, and track conditions significantly improved.
Franchitti was among several drivers who spun and crashed during the first two practice sessions.
Alex Tagliani, making his debut with the FAZZT Race Team, grabbed the outside pole after finishing 0.322 seconds behind Franchitti.
Justin Wilson, in his first run with Dreyer & Reinbold Racing, qualified third. Ryan Hunter-Reay and Will Power rounded out the top-five.
Tony Kanaan, Scott Dixon, who was fastest in two of the three practice sessions, Ryan Briscoe, Brazilian Helio Castroneves and rookie Takuma Sato will start sixth through 10th, respectively.
Danica Patrick, fresh off a three-race NASCAR Nationwide Series stint, will start 13th.
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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.
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