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06/12/2010 - Louisville, KY (Sportsbook Betting Lines) - Defending Horse of the Year Rachel Alexandra notched her first victory of the year Saturday in the $200,000 Fleur de Lis Handicap at Churchill Downs. The four-year-old filly snapped a two race streak of finishing second.
With regular rider Calvin Borel in the saddle, Rachel broke first from the gate in the 1 1/8-mile race. She was quickly joined on the lead by 5-1 second choice Jessica Is Back.
Garrett Gomez guided Jessica Is Back to the lead around the clubhouse turn with the 1-10 favorite to her outside in second. Racing in third was Distinctive Dixie followed by Made for Magic and Multipass in the five horse field.
Jessica Is Back continued on the lead up the backstretch with Rachel right next to her. The favorite edged to the lead around far turn as Distinctive Dixie ranged up from the outside.
On the final turn Rachel had taken over the lead as Distinctive Dixie and jockey Robby Albarado moved into second on the outside.
Unlike her first two starts of the year, Rachel had a lot left in the tank and Borel was not afraid to push her. She took complete control of the race at the top of the stretch and powered away from the field.
Reminiscent of 2009, Rachel ran away from her competition to post a 10 1/2- length win over Distinctive Dixie followed by Jessica Is Back, Multipass and Made for Magic.
Rachel covered the 1 1/8-miles in 1:48.78 on a fast track.
Owned by Stonestreet Stables and Harold McCormick, the victory was worth $120,000 giving the filly $245,696 for the year. Rachel has now won 12 of 17 career starts for $3,194,050.
Trained by Steve Asmussen, Rachel came up short in her initial two starts this year. She was second to Zardana at the Fair Grounds in the New Orleans Ladies Classic and runner-up to Unrivaled Belle at Churchill Downs in the La Troienne.
Zardana is entered in Sunday's Vanity Handicap versus Zenyatta at Hollywood Park and Unrivaled Belle was second in Saturday's Ogden Phipps to Life At Ten at Belmont Park.
There was no show wagering in the Fleur de Lis. Rachel Alexandra paid $2.20 and $2.10, and Distinctive Dixie paid $5.60.
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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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