Patrick secures starting spot in Daytona 500
Autoracing Betting Lines
01/31/2012 -
Kannapolis, NC (Sportsbook Betting Lines) - Danica Patrick will be guaranteed a starting
position in the February 26 Daytona 500 due to a transfer of owner points from
Tommy Baldwin Racing to Patrick's team, Stewart-Haas Racing.
SHR and TBR announced on Tuesday that both racing organizations have formed a
collaborative partnership. TBR will field the No.10 GoDaddy Chevrolet for all
10 of Patrick's Sprint Cup Series races, including the season-opener at
Daytona, in 2012.
TBR's No.36 car, which finished the 2011 season 33rd in owner points, will
become the No.10 entry for this upcoming season. David Reutimann will drive
the No.10 in the 26 races where Patrick is not scheduled to compete. Dave
Blaney drove for TBR last year. Blaney will drive another entry for the team
this season.
Reutimann, who had been with Michael Waltrip Racing the past five Sprint Cup
seasons, will attempt to keep the No.10 car in the top-35 rankings in owner
points to assure Patrick a starting spot in each of her remaining races
throughout the season.
"Tommy Baldwin Racing has proven to be a very strong organization, and it's a
good fit with Stewart-Haas Racing," Matt Borland, the vice president of
competition for Stewart-Haas Racing, said in a team statement. "It's a
Chevrolet team led by a racer who knows every inch of a racecar. That kind of
technical expertise, along with a company mindset that is similar to ours,
provides the ideal environment for Danica to learn and succeed."
TBR, which is owned by Tommy Baldwin, a veteran Sprint Cup crew chief, had
been a single-car operation since its entrance into NASCAR's premier series in
2009. As a crew chief, Baldwin has won five Sprint Cup races, including the
2002 Daytona 500 with driver Ward Burton.
"We're very proud of what we've established at Tommy Baldwin Racing, and the
opportunity to partner with Stewart-Haas Racing and aid in the development of
Danica Patrick is a testament to all the hard work we've put in over the
years," Baldwin said. "Danica will have a great teammate in Dave Blaney, who
has been instrumental in getting our race team to where it is today. And with
David Reutimann driving the No.10 car in the races where Danica is not, the
team will remain in a strong and competitive position throughout the year."
As part of the alliance, Baldwin will work closely with Patrick's crew chief,
Greg Zipadelli, who also serves as SHR's director of competition. Zipadelli
most recently served as crew chief for Joe Gibbs Racing's No.20 team, with
driver Joey Logano.
"Working with Tommy will be like old times," Zipadelli said. "We both grew up
together and competed against each other in modifieds, and we did the same
thing when we got to Sprint Cup. To finally be able to work with each other
and help Danica Patrick make a successful transition from Indy cars to stock
cars is a challenge we're both looking forward to."
Patrick left the IndyCar Series at the end of last season to compete in NASCAR
full-time this year, running the entire 33-race schedule in the Nationwide
Series and a partial one in Sprint Cup. She will drive the No.7 Chevrolet for
JR Motorsports in Nationwide.
After next month's race at Daytona, Patrick will not compete in a Sprint Cup
race until May 12 at Darlington. She is also slated to compete at Charlotte
(May 27), Bristol (August 25), Atlanta (September 2), Chicagoland (Sept. 16),
Dover (Sept. 30), Texas (November 4) and Phoenix (Nov. 11).
Last week, Patrick announced she will forgo this year's Indianapolis 500 to
compete in the 600-mile race at Charlotte. Her tenth Sprint Cup event this
season will be announced at a later date.
SHR is hopeful Patrick will run a full-time schedule in Sprint Cup next year.
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Sportsbooks to bet on football
Recently I had an email debate with an angry reader who said I did not understand "the science of oddsmaking", as he called it.
He said I was wrong for suggesting oddsmakers care about who wins or loses games.
"Oddsmakers only care about splitting the betting public 50/50 on both sides of the line and keeping the commission (a.k.a. juice)," he wrote.
He might have been right about not understanding "the science of oddsmaking". After all, I'm not an oddsmaker. That said, I stick to my assertion that oddsmakers (a.k.a. sportbooks) often do care about who wins games.
Granted, as a general rule, sportsbooks try to balance their action so that they're not exposed to big losses. However, there are times when this is difficult to pull off, regardless of how much a line has moved. There are also times when that general rule is ignored and a book pursues risk.
Generally speaking, it's safe to say the books in Vegas are risk-adverse. Unlike in the past when the wise guys ruled the town, Vegas is now corporate and the goal of most casinos is to make as much money as possible with as little risk as possible.
Thus, Vegas sportsbooks try everything in their power to balance the action. They're satisfied simply collecting the juice. But these profits are small, especially compared to the take from other casino games, namely slot machines.
Because the profits at Vegas sportsbooks are so small, you could argue that many casinos operate sportsbooks simply as a novelty to keep the tourists happy.
With a growing aversion to risk, it should come as no surprise that Vegas bookmakers have been panicking this NFL season.
Despite huge pointspreads, a disproportionate percentage of bettors are still laying their money on favorites like the Eagles, Colts, Pats and Vikings rather than the dogs (a common trend for the largely recreational bettors that visit Vegas).
And much to the dismay of the books, those favorites are finding ways to cover the thick chalk. In fact, prior to Week 7, the four teams listed above are a combined 16-2-2 (88 percent) against the spread. (The tables turned dramatically in Week 7, but more on that later.)
The result has been an early-season beating for the books, and a bonanza for bettors.
While Vegas increasingly hates risk, it's no longer a major player in the sports betting world. Most of the betting action now takes place offshore where sportsbooks are not as obsessed about balance. In fact, some books encourage exposure to risk because the rewards can be so much bigger.
Consider MySportsbook.com. On its website, the book has odds pages which actually display the amount of action it's getting on games. In other words, you can see how much action the book is taking on both sides of a pointspread, moneyline or over/under.
One look at these numbers and it's obvious MySportsbook.com does not balance every game. In fact, far from it.
Take last weekend's matchup between St. Louis and Miami. By game time on Sunday, 83 percent of the betting action at MySportsbook.com was on the Rams; only 17 percent was on Miami.
What's interesting is that MySportsbook.com opened the pointspread with Miami at +6 1/2. By game time, the spread had lowered to +5.
That goes contrary to the balancing theory. If MySportsbook.com had wanted to balance the action, it would have given Miami more points; instead, it took away 1 1/2. World Series odds are now up as well.
MySportsbook.com exposed itself to even more to risk, and rolled the dice on the underdog Dolphins. Why? I contacted a representative with the book to find out. His answer was simple.
"The line moved early based on 'smart money' from sharp players," said Jeff Gilroy, a spokesperson for the book. "We also knew from early in the week that we would need Miami, therefore (we dropped) the spread to encourage Rams money.
"At the end of the day, we liked the home team."
So the conclusion is this: MySportsbook.com respected the sharp action, and gambled that the sharp bettors had a better take on the game than the recreational bettors, who were hammering the visiting Rams.
In the end, the gamble paid off. Miami, desperate for a win in front of its home fans, pounded the overrated Rams, who are terrible on the road and even worse on grass. Final score: 31-14 Fish.
MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover.
The fact that sportsbooks are exposed to risk on certain games is really nothing new. The fact, that Sportsbook.com is willing to show the public where it's exposed is intriguing.
Armed with this type of information, bettors can make more educated wagers. They can get an idea where the sharp money is going and conversely where the public money is headed.
MySportsbook.com is opening up its cashbox, letting bettors look inside and challenging them to take their best shot at grabbing the cash.
To visit this online football betting got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
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