First Lady to serve as Grand Marshal for Homestead

Autoracing Betting Lines

11/11/2011 - Homestead, FL (Sportsbook Betting Lines) - First Lady Michelle Obama and Dr. Jill Biden, the wife of Vice President Joe Biden, will serve as Grand Marshals for the November 20 Sprint Cup Series season-ending race at Homestead-Miami Speedway. The two women will offer the most famous words in racing, "Gentlemen, start your engines."

As part of their Joining Forces initiative, Mrs. Obama and Dr. Biden will recognize service members and military families from the local community during pre-race ceremonies for the Ford 400 and at a special luncheon.

The crowd will consist of 5,000 active duty and retired military personnel and families. Obama and Biden will invite a military family to join them in the command to start engines.

"We are honored that First Lady Michelle Obama and Dr. Jill Biden will be joining us as we crown the 2011 NASCAR Sprint Cup Champion,"track president Matthew Becherer said in a statement released on Friday. "Most importantly, we are pleased that they are both coming to Homestead-Miami Speedway to personally thank the men and women who sacrifice so much to ensure our freedom and allow us to enjoy events like Ford Championship Weekend."

The 400-mile race at Homestead will likely feature a showdown between Carl Edwards and Tony Stewart for the 2011 Sprint Cup championship. Heading into Sunday's penultimate event of the season at Phoenix International Raceway, Edwards holds just a three-point lead over Stewart.

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SPORTS BETTING

NFL Football Betting Online

In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.

It is called the "pointspread."

Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.

But in modern sports betting, a "pointspread" is used.

A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.

In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.

The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .

Don't believe it? Just take a look at what happens around the Super Bowl.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

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