08/24/2008 - Bristol, TN (Sportsbook Betting Lines) - Team owner Richard Childress announced changes within his organization for the 2009 season Saturday at the Bristol Motor Speedway. Casey Mears will drive the No.07 Chevrolet starting next year, while Clint Bowyer will move to Childress' new No.33 Chevrolet team.
Richard Childress Racing will continue an ongoing performance evaluation of its current three teams for the remainder of the season to determine the crew chief, engineer and crew member line-ups for next year.
"We're always looking for ways to improve RCR and feel strongly that this driver lineup will improve our company as a whole with our move to four teams next year," Childress said. "These changes will continue to raise the bar, and we have every intention of getting all four teams into the Chase in 2009 with the ultimate goal of one of our teams winning the championship."
All three of Childress' drivers, Jeff Burton, Kevin Harvick and Bowyer, are presently ranked in the top-12 point standings with two races remaining before the "Chase for the NEXTEL Cup" championship begins September 14th at New Hampshire.
Mears is currently behind the wheel of the No.5 Chevrolet, but is leaving Hendrick Motorsports at the end of the season. The Bakersfield, CA-native will join RCR for his seventh season of NASCAR Sprint Cup Series competition.
"This is a great opportunity, and I'm honored to become part of both the Jack Daniel's family and the RCR family," Mears said. "Richard Childress and everyone at Jack Daniel's have put a lot of faith in me to continue the winning tradition that's been established by the No.07 Jack Daniel's team over the last couple of years, and I look forward to the chance to live up to those expectations."
Mears recorded his first Sprint Cup victory in May 2007 by winning the Coca- Cola 600 at the Lowe's Motor Speedway. He also has three poles to his credit.
Bowyer, the current leader in the Nationwide Series point standings, has been with RCR since 2004. He made his Cup debut in 2005 and has scored two victories and two poles since then. He qualified for last year's "Chase," finishing third in points.
Cheerios/Hamburger Helper will sponsor Bowyer's team next year.
"I'm proud to be joining the General Mills family," Bowyer said. "Cheerios and Hamburger Helper are brands my family and I grew up with ... At the same time, I have to thank Jack Daniel's for taking a chance on a rookie Cup Series driver and giving my career a great platform to build on. My focus now is to get into the 'Chase' and again compete for the championship."
Bowyer is currently 12th in points, just 12 points ahead of 13th-place David Ragan.
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Report: Cowboys G Kosier could miss six weeks with foot injury >>
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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 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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