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02/03/2012 - Indianapolis, IN (Sportsbook Betting Lines) - Rahal Letterman Lanigan Racing revealed on Friday that Japanese driver Takuma Sato has joined the team for the 2012 IZOD IndyCar Series season. Sato will drive the team's No.15 Honda entry.
RLL is running a full IndyCar schedule this season for the first time since 2008. The team has run a partial IndyCar schedule the past three seasons, focusing its efforts more on American Le Mans Series competition. Ryan Hunter- Reay drove for RLL in '08, scoring one victory and finishing eighth in points. The racing organization ceased its IndyCar operations at the end of that season due to lack of sponsorship.
"RLL is extremely pleased to welcome Takuma to our IndyCar Series team for 2012, and we anticipate having a very strong season together," team co-owner Bobby Rahal said in a statement. "While we were determined to have an experienced driver for this season, we also needed someone that knew how to get to the front, and Takuma has shown that he can do that, and we expect to have a great opportunity to win races this year. He has made great strides through the last two seasons in IndyCar, and I have no doubt that we can produce a strong effort with him leading the team."
Television icon and racing aficionado David Letterman and businessman Mike Lanigan also co-own the team.
Sato drove for KV Racing Technology during his first two IndyCar seasons from 2010-11. Last season, he claimed his first pole in the series, which came at Iowa. He also won the pole at Edmonton. Sato recorded three top-five results and seven top-10s on his way to a 13th-place finish in points.
Prior to his IndyCar career, Sato competed in Formula One from 2002-08. He drove for Jordan, British American Racing and Super Aguri during his tenure in F1.
"I'm very proud, motivated and excited to be chosen by Bobby to join his big project," Sato said. "This team I feel has got huge potential. Rahal Letterman Lanigan Racing has got a great history and record of winning, so my motivation is ever so high, and I am extremely thrilled to start the new season. With a new car for everybody, I am confident that we'll be up to speed very quickly."
RLL said in its new release it is currently preparing Sato's car for next month's IndyCar open test at Sebring International Raceway in Sebring, Florida. The team also noted its planning to enter a second car this season and intends to have ready for preseason testing as well.
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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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