Keselowski agrees to contract extension with Penske

Autoracing Betting Lines

12/01/2011 - Mooresville, NC (Sportsbook Betting Lines) - Brad Keselowski has agreed to a multi-year contract extension with Penske Racing.

Terms of the deal were not disclosed, but the team also extended the contract of crew chief Paul Wolfe.

"The winning combination of Brad Keselowski and Paul Wolfe has been terrific for Penske Racing, and we are excited to announce that they will continue to work together," said team owner Roger Penske. "With one NASCAR championship and numerous wins in both the Nationwide Series and the Cup Series to their credit, this has proven to be a special pairing. Although Brad, Paul and the No.2 team fell short of winning the Cup Series title this season, we know they will continue to be championship contenders for years to come."

Keselowski and Wolfe won the Nationwide championship for Penske in 2010. Wolfe was named the crew chief for Keselowski and the No.2 car in the Sprint Cup Series for 2011, and the duo picked up three victories on the way to a fifth- place finish in the final standings.

"It's great to know that Paul and I will continue to work together to bring wins and championships to Penske Racing and its sponsors," said Keselowski, who first joined Penske Racing for the final three races of the 2009 season. "We've definitely built something special here with this team, and we'll continue to get better to reach our goals."

Over the course of the last two seasons, Keselowski and Wolfe have teamed to produce nine wins, six pole victories and 36 top-five finishes across the Nationwide and Cup Series.

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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.

American Idol odds : Blake Lewis the Early Standout

An important American Idol betting lines recap from February 20 Guys episode. The 12 men came out flat overall with Blake Lewis appearing to have the early edge after the first hour and a half.

Rudy - was quite good singing "Free Ride" to start off.  Randy was not impressed though.  Paula thought he started off fantastic.  "Never had anyone stop off so lively" said Paula but Simon (who does not like Rudy) does not feel he has a distinct voice and was not impressed either. 

Brandon was a little pitchy according to Randy and Paula agreed.  Simon said he was a good singer but the song was "too safe" and he needs to make an impact.  He was listed at +1200 odds or $1200 paid out on a $100 bet should he win the competition. 

Big favorite Sundance came in with a flat version of "Knights in White Satin" and the judges let him have it, including Paula.  Randy claimed the song was out of pitch throughout.

Korean American - and a Jenny Woo favorite - Paul Kim was up next.  Another pitchy flat one but Randy said he still liked his potential.  Kim at +3000 odds was said to have sung a "third rate version of that (George Michael) song" according to Simon Cowell.  He sang "Careless Whisper".

22 year old Chris Richardson was up next.  He was listed with +1100 odds coming in.  He got the best response from the judges though Simon did not believe the vocal was that great. 

Nick was boring and pitchy.  Simon didn't think he was that bad though and predicted he would be back next week.  Nick Pedro was a big +3000 dog coming into this competition. 

Beat boxer Blake Lewis was listed with early +1000 odds or $1000 payout on a $100 bet if he were to become the next American Idol winner odds .  These of course were the early odds.  He was considered original for picking an "odd song".  He did not beat box and the judges felt it was the best vocal of the night. 

Sanjaya came in as the second biggest favorite after Chris Sligh but his performance Tuesday night was not very good. 

Chris Sleigh was the early favorite at +450 odds.  Great voice and a great sense of humor.  He's a real standout.  Randy felt it was on point but maybe ahead of the chorus a little bit.  Simon Cowell said he felt like he was in some "sort of weird student gig". 

Jared Cotter followed.  He was listed with +2000 odds early on to win the competition.  The judges felt he needs to take more risks but looked good. 

22-year old AJ Talbado, who has tried out for American Idol five times, was up next.  "Kind of a theme park performance" said Simon.  Though the judges felt he performed okay.  Simon did feel AJ might be better than he originally thought.

Phil - this season's military favorite - came into this competition with +1200 odds to win the competition.  He was the last to perform.  He was certainly strong enough to get through this stage of the competition and perhaps the best one after a shaky start. 

Tomorrow night, the ladies perform and I sure hope they do a better job than the boys.  Check out all the American Idol betting odds here.

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.