Careless Jewel shines in Alabama Stakes
Horseracing Betting Lines
08/22/2009 - Saratoga Springs, NY (Sportsbook Betting Lines) - Careless Jewel, winner of the Delaware Oaks, ran away from the field down the stretch to capture Saturday's $600,000 Alabama Stakes for three-year-old fillies at Saratoga Race Course. The gray filly emulated Rachel Alexandra by posting an 11-length victory over her seven rivals.
Ridden by Robert Landry, Careless Jewel was first out of the gate and was joined by Be Fair. Be Fair took the lead entering the clubhouse turn with Careless Jewel second on the outside and 5-2 favorite Milwaukee Appeal running in third.
Be Fair, ridden by Julien Leparoux, took the field up the backstretch with Careless Jewel pressing the pace followed by Milwaukee Appeal and Casanova Move.
As the field approached the far turn Be Fair and Careless Jewel were on even terms as Milwaukee Appeal and jockey John Velazquez advanced from the outside.
Careless Jewel took the lead on the final turn as Milwaukee Appeal grabbed second in the 1 1/4 mile race. Trained by Josie Carroll, Careless Jewel quickly opened her advantage over her challengers and won easily on a track labeled as 'good.'
Milwaukee Appeal, winner of the Woodbine Oaks, finished second followed by Casanova Move, Sweet and Flawless, Don't Forget Gil, Be Fair, Wynning Ride and Funny Moon.
The time for the 129th Alabama was 2:03.24.
"When we first stepped up from sprinting to go a mile and a sixteenth," said Carroll, "we thought this filly would stretch out."
Careless Jewel was coming off a front-running victory in the Delaware Oaks in July at Delaware Park as a 10-1 longshot. Owned by Donver Stable, the filly picks up $360,000 with Saturday's win to bring her career earnings to $582,846. Based at Woodbine in Toronto, Careless Jewel has won four of five starts, all this year.
Careless Jewel returned $7.80, $4.60 and $3.60. Milwaukee Appeal paid $3.90 and $3.00, and Casanova Move paid $5.90 to show.
Proud Spell, eventual three-year-old filly champion, won the 2008 Alabama Stakes.
On Friday, TVG and its parent company Betfair, Ltd. pledged an additional $400,000 to The New York Racing Association (NYRA) to invite Preakness Stakes winner Rachel Alexandra and champion mare Zenyatta to participate in the Beldame Stakes at Belmont Park on Saturday, October 3. With the $400,000 title sponsorship by TVG-Betfair, NYRA will raise the purse of the Beldame Stakes to $1 million if both Rachel Alexandra and Zenyatta run in the event.
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What Is the Point Spread?
What are Sports Betting Point Spreads?
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.
How to Read Point Spreads
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:
- Philly wins the actual game by any amount of points
OR
- Philly loses the game by less than 7 points.
-
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.
For Those Who Like to Consider Things Mathematically
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
- Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
OR
- Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
Who Really “Won” the Super Bowl odds ?
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.