Busch, Gibbs address sponsorship change

Autoracing Betting Lines

11/11/2011 - Avondale, AZ (Sportsbook Betting Lines) - NASCAR driver Kyle Busch continued to be apologetic for intentionally wrecking Ron Hornaday Jr. in last week's Camping World Truck Series race at Texas Motor Speedway.

Since NASCAR suspended him from last weekend's Nationwide and Sprint Cup Series races at Texas, Busch spoke with reporters for the first time on Friday at Phoenix International Raceway. The sanctioning body took further action on Monday by fining Busch $50,000 and placing him on probation for the remainder of the year.

Mars Inc. and its M&M's brand, which serves as the primary sponsor of Busch's No.18 Joe Gibbs Racing Toyota team, announced this week that it would not sponsor Busch's efforts in Sunday's Sprint Cup race at Phoenix as well as the November 20 season-finale at Homestead, FL.

"As a proud member of the racing community, Mars and the M&M's brand strongly support the partnership we have with Joe Gibbs Racing and are committed to NASCAR. Yet, Kyle's recent actions are unacceptable and do not reflect the values of Mars," Debra A. Sandler, who is the chief consumer officer of Mars Chocolate North America, said in a statement released on Thursday. "While we do not condone Kyle's recent actions, we do believe that he has shown remorse and has expressed a desire to change. We believe our decision will have a positive impact on Kyle and will help him return next season ready to win."

JGR announced that its longtime sponsor, Interstate Batteries, will be featured on the No.18 car at Phoenix and Homestead. Mars will continue its sponsorship with Busch's team during the 2012 season.

After being parked at Texas, Busch dropped from seventh to 11th in the Chase for the Sprint Cup championship point standings. He has been mathematically eliminated from title contention, as he presently trails leader Carl Edwards by 100 points.

"Obviously, this has been quite a trying week for myself and my wife [Samantha] and everybody at M&M's, Joe Gibbs Racing, Kyle Busch Motorsports and Interstate Batteries, all of the above," Busch said. "I'm upmost apologetic to everybody that's been having to go through this situation, and there's no one to blame but myself."

Busch said he had a telephone conversation with Hornaday days after the truck race. He quipped that he "is still invited to [Hornaday's] house."

Team owner Joe Gibbs joined Busch during the press conference, which was held prior to the first Sprint Cup practice held on the newly repaved and reconfigured one-mile Phoenix track.

"Joe has been a huge supporter of mine through all of this, and I can't say enough about him, all the folks at JGR and all the guys on my M&M's team, and we're here to say that we want to learn from this and we'll move on," Busch added.

Gibbs noted that Busch is facing penalties from JGR, including a fine. He would not comment on the details of the forthcoming penalties. Busch will not be relieved from his driving duties with the team after this season concludes.

"Kyle's penalties are going to be substantial," Gibbs said. "We also have other actions that are going to be in place. There will be other financial penalties and stuff that we're working through, and we'll continue to do that as we go forward through this process."

Busch is not competing in Saturday's Nationwide race at Phoenix. Joey Logano was originally scheduled to drive JGR's No.18 car for that event. Busch will not run in the Nationwide season-ending race at Homestead as well.

There had been speculation that Z-Line Designs, the primary sponsor of Busch's Nationwide team, asked JGR to replace Busch with Denny Hamlin in the Homestead race.

"I take the responsibility for a lot of that, because we were kind of wanting to go for the next two races to let Kyle focus on Cup, and so a lot of that came from the race team," Gibbs said.

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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!

To visit this online sportsbook got to MySportsbook.com for all your football betting needs.

Super Bowl XLIII Betting - Super Bowl 2009

Super Bowl 2009, the Arizona Cardinals and the Pittsburgh Steelers.

Let’s take a look at the Super Bowl 2009 betting odds and the betting line and figure out where they’ve been and where they are going to go.

MySportsbook.com put up the Super Bowl 2009 betting odds late on Sunday night with the Pittsburgh Steelers favored by 6.5 points and a total betting line at 47.5 points.

Since then, however, the Super Bowl 2009 betting odds have seen a good deal of movement and you’ll want to be on top of where they are likely to move to make sure you get the best line value for the big game.

Since opening, the Super Bowl 2009 betting lines went to Steelers -7 in the span of roughly 3 hours but were quickly bought back down just minutes later to 6.5 again.

After that is took about 5-6 more hours before the betting line went back to -7 where it has sat for a while now and is likely to remain. The opening betting total of 47.5 was bet down right after the line became available and went to 47 within minutes.

Roughly a day later it has been bet even further down to the 46.5 tally it currently is set at.

Roughly 60% of gamblers seem to be on the Cardinals here so the point spread will be bet down and a 7.5 would not last very long at all with many taking the early 6.5 in hopes of finding a potential middle in the Super Bowl 2009 betting odds.

If you like Arizona and see a 7.5, I’d take it as soon as possible because it’s unlikely to last. For Pittsburgh backers, the -7 might be the best you’ll be able to find but a 6.5 is definitely possible close to game time.

Regarding the Super Bowl 2009 betting odds for the total, most tracked gamblers are already on the over and with those who took the under 47.5 already securing a middle on the over 46.5, the only way I see it moving is back up to 47 so if you like the over, I’d recommend betting now.

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