NASCAR penalizes three teams for Talladega infractions

Autoracing Betting Lines

10/25/2011 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR handed down stiff penalties to three Sprint Cup Series teams for rules violations that were discovered during last Friday's opening day inspection at Talladega Superspeedway.

According to a news release from NASCAR on Tuesday, the Michael Waltrip Racing No.00 and No.56 teams and the JTG Daugherty Racing No.47 team were penalized for "unapproved modification to an approved windshield."

NASCAR confiscated the windshields from the cars of David Reutimann (No.00), Martin Truex Jr. (No.56) and Bobby Labonte (No.47). All three teams replaced the windshields on the cars before Friday's first practice session began.

Crew chiefs Rodney Childers (Reutimann), Frank Kerr (Labonte) and Chad Johnston (Truex) have each been fined $50,000 and suspended for the last four Sprint Cup races this season -- Martinsville, Texas, Phoenix and Homestead. Car chiefs Steve Channing (Reutimann), Raymond Fox (Labonte) and Anthony Lunders (Truex) also received the same suspension period.

Reutimann, Labonte and Truex were each penalized 25 driver points. Car Owners Rob Kauffman (No.00), Tad Geschickter (No.47), and Michael Waltrip (No.56) received a loss of 25 points as well.

Neither MWR nor JTG Daugherty plan to appeal.

"Michael Waltrip Racing is ultra-sensitive and very serious about working within the guidelines of NASCAR policy," the team said in statement. "We do not condone this type of activity and as such we will take appropriate internal corrective action immediately. We thank NASCAR for providing a fair and equitable platform for all of its competitors and respect its decisions; therefore, we will not appeal."

MWR announced that Bobby Kennedy, the team's executive vice president of race operations, will take over crew chief duties for the No.00. Mechanic Chris Hall will serve as the car chief.

For the No.56 team, Pat Tryson will step into the crew chief role this weekend at Martinsville. Allen Mincey, who is also a mechanic for MWR, will serve as car chief.

JTG Daugherty, which is affiliated with MWR, also revealed its personnel changes. Team chief race engineer Brian Burns has been named the interim crew chief for the No.47. Bob Bechstein will move into the car chief role.

"We are very disappointed in this entire situation, and we will not appeal NASCAR's ruling," JTG Daugherty Racing co-owner Brad Daugherty said in a statement. "We look forward to racing at Martinsville Speedway this weekend and getting ready for next season."

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Online Sportsbook Football Betting

Why Sports Betting is so much fun?

Betting Sports

The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)

But you could also simply bet on the money line, or straight-up winner of the game. Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like boxing, tennis, golf and racing events such as NASCAR. ( More details on playing the Money Line)

Points (or Runs) Scored

Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.

The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under . So Under bettors won, and Over bettors lost.

Future Bets

Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.

The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl odds might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.

Proposition Bets (or Prop Bets)

Proposition bets , also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:

Types of Bets

Straight Bet

Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.

Sports Betting Parlays

A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.

Standard payoffs on a two-team parlay are 13/5; while a three-teamer pays 6/1; and a four-teamer 10/1.

Parlay cards are also fairly common in sportsbooks and popular with bettors, as they are released early in the week with set odds that do not change in return for a slightly lower payoff.

Round Robin Betting

Adventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin . A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C – with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.

Betting Teasers

Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.

These are the main types of sports bets available today. But as sports betting continues to grow, sportsbooks will continue to develop new and creative ways to bet. We’ll continue to track these changes to the sports gambling landscape, so check back often and we’ll tell you all about it!

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Academy Award Betting Odds for Best Picture Offer Great Value

If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture.  Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).

For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot.  The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.

TV Guide advises Oscar watchers should be cautioned not to discount the  drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.

"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,'  it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."

"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.

Who is to say independently produced Little Miss Sunshine won't be this year's Crash.  Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win. 

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