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11/30/2011 - Indianapolis, IN (Sportsbook Betting Lines) - The sanctioning body for the IZOD IndyCar Series revealed on Wednesday that Brian Barnhart will no longer serve as race director.
In restructuring its organization, IndyCar will split the responsibilities of president of operations and race director into separate positions. Barnhart will remain head of operations, overseeing the operational and logistical areas of the series. InyCar is reviewing candidates to fill the race director position.
"As our sport continues to grow and we prepare for our first new car in almost a decade, we feel that splitting these roles will help fully service our teams and venues as we prepare for the demands of the 2012 season," Barnhart said in a statement.
Barnhart has served as IndyCar's president of competition and racing operations since 2007. But Barnhart had been under immense criticism by competitors for some of his officiating calls during the 2011 season.
Several drivers in the inaugural Baltimore Grand Prix complained about the start of the race when a safety truck was still on the track.
Barnhart came under fire in August at New Hampshire, where race officials determined after a brief rain shower that the track was dry enough to resume racing, but drivers, particularly Will Power, pleaded with officials not to restart since there was still moisture on the track. Power crashed on the final restart, and shortly after, he made an inappropriate gesture (finger) to the direction of race control. Days later, Power was fined and placed on probation for the remainder of the season for his gesture.
In the October race at Motegi, Japan, Helio Castroneves was furious with Barnhart after he received a penalty for passing under a local yellow during the final lap. Castroneves later posted on his Twitter account, "Brian Barnhart is inconsistent and even changes the rule book when it is convenient for him and his own personal interests...It is sad to see one person being responsible for bringing down an entire series." Castroneves was also fined and put on probation for his comments.
IndyCar also announced another organizational change. Terry Angstadt resigned his position as commercial division president. Angstadt, who had served in the role since 2007, was instrumental in IndyCar's partnership with series title sponsor IZOD, as well as securing races in Sao Paulo, Brazil and Qingdao, China. The series is scheduled to race in China for the first time next year.
Marc Koretzky will replace Angstadt. Koretzky joined IndyCar in May as director of corporate business development. Angstadt will assist with the transition.
"I'm confident that Brian and Marc will lead our company into a bigger and brighter future in these new roles," IndyCar Chief Executive Officer Randy Bernard said.
The 2012 IndyCar season is scheduled to begin on March 25 in St. Petersburg, FL.
<< Brees, Hall, Peterson named NFC players of the week
New York, NY (Sportsbook Betting Lines) - Saints quarterback Drew Brees, Redskins
cornerback DeAngelo Hall and Cardinals punt returner Patrick Peterson have
been honored as the NFC's top players for Week 12 of the NFL season.
Brees complete
<< Brest midfielder Culm to undergo hip operation
Brest, France (Sportsbook Betting Lines) - Jhon Jairo Culm could miss the next two
months for Brest after undergoing hip surgery, the club announced.
The midfielder has been bothered by pain in his hip for weeks and will have a
procedure to rem
<< Johnson, Suggs and Janikowski earn AFC weekly honors
New York, NY (Sportsbook Betting Lines) - Tennessee Titans running back Chris Johnson,
Baltimore Ravens linebacker Terrell Suggs and Oakland Raiders kicker Sebastian
Janikowski have been selected as the AFC's top players for Week 12 of the NFL
season.
<< Cubs reach deal with DeJesus
Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs have signed outfielder David
DeJesus to a two-year deal with a club option for the 2014 season. Although
financial terms were not released, the pact is believed to be worth $10
million.
DeJe
Is Valentine the right guy for Boston? >>
(Sportsbook Betting Lines) - At first glance Bobby Valentine becoming the new manager of
the Boston Red Sox makes a ton of sense. He's a household name, he lives in
Connecticut, has been an above-average manager in this game and absolutely has
the abilit
Shoulder injury to keep Abbiati out two weeks >>
Milan, Italy (Sportsbook Betting Lines) - AC Milan goalkeeper Christian Abbiati will
miss the next two weeks of action due to a right shoulder injury.
Abbiati sustained the problem in Milan's Champions League match with Barcelona
last week and he
4-time Pro Bowl DL Chester McGlockton passes away >>
Alameda, CA (Sportsbook Betting Lines) - Former NFL defensive lineman and Stanford
assistant coach Chester McGlockton died early Wednesday morning. He was 42.
McGlockton was the 16th overall pick by the Raiders in the 1992 NFL Draft and
was a member o
Civil suit filed against Sandusky >>
Philadelphia, PA (Sportsbook Betting Lines) - A civil suit against Jerry
Sandusky was filed Wednesday morning in Philadelphia, by a man alleging the
former Penn State assistant coach sexually abused him more than 100 times over
a perio
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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.
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