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07/27/2010 - Cornelius, NC (Sportsbook Betting Lines) - JTG Daugherty Racing and driver Marcos Ambrose will part ways at the end of the 2010 NASCAR Sprint Cup Series season, team officials announced on Tuesday.
Ambrose has driven the No.47 Toyota for JTG Daugherty Racing since the tail end of the 2008 season. He also drove a Nationwide Series entry full-time for the team during the 2007 and '08 seasons.
The Australian made his first appearance with the team at Martinsville Speedway in 2006 when he made his Camping World Truck Series debut. He was a two-time V8 Supercar champion before coming to NASCAR.
"It has been a great five-year journey for me and JTG Daugherty Racing," Ambrose said in a statement. "Our plan is to complete the 2010 NASCAR Sprint Cup Series season with the same desire and commitment and end our relationship the same way it started with a positive attitude and the willingness to win. I will do everything I can to help JTG Daugherty transition into next year with their new driver."
Ambrose currently is 27th in points, with just two top-10 finishes so far this season. He ended the 2009 season 18th in points. His career-best Cup finish of second came last year at the Watkins Glen, NY road course. Ambrose is considered a road course expert.
He has won the Nationwide race at Watkins Glen the last two years.
"JTG Daugherty Racing and our sponsors are obviously huge Marcos Ambrose fans, and we are disappointed to see him leave after five great years of building a program together from the NASCAR Camping World Truck Series, to the Nationwide Series, and into the Sprint Cup Series," team co-owner Tad Geschickter said. "Marcos is a friend, and he is a great talent. He will be an asset to his next team."
Jodi Geschickter and Brad Daugherty, a former NBA player with the Cleveland Cavaliers and current analyst for NASCAR and college basketball on ESPN, also co-own the team.
The team is expected to announce their driver for the 2001 Sprint Cup season in the near future.
<< Indians recall Tomlin to make major league debut
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians recalled pitcher Josh
Tomlin from Triple-A Columbus to make his major league debut in a start
against the Yankees on Tuesday.
Tomlin is 8-4 with a 2.68 earned run average in 2
<< Broncos sign rookie WR Decker
Denver, CO (Sportsbook Betting Lines) - The Denver Broncos came to terms with rookie
wide receiver Eric Decker, the team announced on Tuesday.
Terms of the deal were not disclosed.
Decker, who was taken in the third round -- 87th overall --
<< USA dominates Chinese Taipei at World Junior Baseball Championship
Thunder Bay, ON (Sportsbook Betting Lines) - For a team expecting to play right through
the end of the tournament, the United States is doing a good job of preserving
energy.
Phillip Pfeifer (1-0) dominated a hot-hitting Chinese Taipei squad over sev
<< Gaming: C-USA a one-team league in non-conference play
Philadelphia, PA (Sportsbook Betting Lines) - Take away Houston's straight-up and
against-the-spread non-conference records in 2009, and Conference USA was a
meat market for its opposition. The Cougars were 3-1 both SU and ATS outside
the conference, in
Braves, Ross agree to two-year extension >>
Washington, DC (Sportsbook Betting Lines) - The Atlanta Braves and catcher David
Ross agreed to a two-year extension through the 2012 season.
Financial terms were not available.
Ross is currently batting .269 with 18 RBI in 35 games this sea
CFL West: Burris powers through errors in win over Riders >>
Toronto, Canada (Sportsbook Betting Lines) - While a home win by the Calgary Stampeders
against the Saskatchewan Roughriders isn't completely surprising, that the win
came by 20 points is not something many would have expected. Calgary put on a
great sec
Celtic signs striker Hooper >>
Glasgow, Scotland (Sportsbook Betting Lines) - Celtic made its sixth signing of the
offseason Tuesday, adding 22-year-old striker Gary Hooper on a four-year deal
from Scunthorpe United.
Hooper had 43 goals in 80 matches for Scunthorpe United, a
Jays face a major decision on Bautista >>
Toronto, Canada (Sportsbook Betting Lines) - It's safe to say Toronto Blue Jays General
Manager Alex Anthopoulos had no idea heading into this year that he would have
to make an important mid-season decision involving Jose Bautista. With the July
31st n
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In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
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