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08/28/2010 - Del Mar, CA (Sportsbook Betting Lines) - Richard's Kid came from the back of the pack Saturday to successfully defend his crown in the $1 million Pacific Classic at Del Mar. The victory puts Richard's Kid automatically into this year's Breeders' Cup Classic at Churchill Downs in November.
The Usual Q.T., the 3-1 program favorite, went off as the 5-2 top pick in the evenly-matched field of 10 older horses. The defending winner was 9-2 and Hold Me Back was sent off as the 5-1 third pick.
Isle of Giant's set the pace in the 1 1/4-mile Classic. Running behind him was Temple City, Hold Me Back and The Usual Q.T. Richard's Kid and jockey Mike Smith were next to last with San Diego Handicap winner Dakota Phone bringing up the rear.
Entering the far turn, Isle of Giant's still had the lead as Temple City drew even on the outside. Richard's Kid began putting in a run around the turn for home.
At the top of the stretch, six horses were across the track. Richard's Kid, trained by Bob Baffert, surged to the lead with less than 100 yards to run.
The five-year-old registered a three-quarters length victory over Crowded House with Dakota Phone rallying for third.
Rounding out the order of finish was Battle of Hastings, The Usual Q.T., Temple City, Isle of Giant's, Hold Me Back, Unusual Suspect and Hollywood Gold Cup champ Awesome Gem.
The time for the 20th Pacific Classic was 2:03.27 on Del Mar's synthetic surface.
Owned by Zabeel Racing, Richard's Kid becomes the third horse to win the stakes in consecutive years. Tinner's Way won back-to-back Classics in 1994 and 1995, and Skimming duplicated that feat in 2000 and 2001.
The win gives Mike Smith his third Pacific Classic victory. Along with the two victories aboard Richard's Kid, the Hall of Fame jockey also won the 2002 Classic with Came Home.
The five-year-old adds $600,000 to his earnings and becomes the newest thoroughbred millionaire. Richard's Kid is the winner of eight of 26 career races for $1,566,370.
Last month he was third in the Cougar II Handicap at Del Mar and earlier in July finished behind Awesome Gem and Rail Trip in the Hollywood Gold Cup.
His only win between the two Pacific Classics was in February's San Antonio Handicap at Santa Anita. Also this year, Richard's Kid was seventh in the Dubai World Cup.
Richard's Kid paid $11.60, $5.60 and $3.80. Crowded House returned $10.60 and $6.40, and Dakota Phone paid $4.80 to show.
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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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