Grace notches first European Tour win

Golf Betting Lines

01/15/2012 - Johannesburg, South Africa (Sportsbook Betting Lines) - Branden Grace took a three-shot lead into Sunday's final round and fired an even-par 72 to hold off Jamie Elson and win the Joburg Open.

Grace played a total of 21 holes on Sunday at Royal Johannesburg and Kensington Golf Club after weather delays forced a change in schedule. He entered the day tied with Richard Finch, who had four holes remaining in the third round, but closed with two birdies to set up a significant advantage.

Finch, meanwhile, shot a one-over over the last three holes and was tied with George Coetzee after 54 holes in second at 14-under. With a three-shot lead over the pair, Grace was able to shoot an even-par down the stretch for a 17- under 270 and his first European Tour title.

Grace avoided any serious mistakes over the back nine -- all pars -- to deny Elson a miracle comeback. Elson entered the final round 10 strokes off the lead, but whittled it to one with a closing eagle at the par-five 18th. Elson waited in the clubhouse for a potential playoff, but Grace never flinched.

Elson, who tied the East Course record of nine-under 63 set by Charl Schwartzel, finished second at 16-under 271 overall. David Drysdale (67), Marc Warren (68), Jaco Van Zyl (68), Trevor Fisher, Jr. (68), Dawie Van Der Walt (70) and Michiel Bothma (71) shared third at 14-under.

Both Finch (78) and Coetzee (75) tailed off over the final 18 holes, finishing 24th and 14th, respectively. Neither was a factor in the final outcome.

MORE TO FOLLOW.

Cbssporys Golf Betting News

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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).

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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

Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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