NASCAR hands severe penalties to Front Row Motorsports

Autoracing Betting Lines

06/09/2010 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR doled out huge penalties Wednesday to Front Row Motorsports in the wake of illegal valve stem caps that were used on Travis Kvapil's car last weekend during the Gillette Fusion ProGlide 500.

NASCAR fined Front Row Motorsports crew chief Steve Lane $100,000 and suspended him for 12 weeks. The organization also suspended Front Row Motorsports car chief Richard Bourgeois and tire specialist Michael Harrold for 12 weeks, and also docked Kvapil and car owner Doug Yates 150 points each.

Team owner Bob Jenkins appealed the harshness of the penalty.

"We take the rules of this sport very seriously, and we support NASCAR in its enforcement of those rules," Jenkins said in a statement. "It was not our intent to put unapproved valve stem caps on our car at Pocono, a track where such a maneuver would clearly not provide any advantage. We are conducting our own internal investigation to determine how those parts got into our inventory and onto our car last weekend.

"While we recognize we have to pay for our mistake, this was an unintentional, isolated incident. We plan to immediately submit an appeal through NASCAR's formal appeal process as outlined by the NASCAR rule book."

Because of the point deduction, Kvapil was knocked out of the top 35 in the Sprint Cup Series owner standings, meaning he'll have to qualify on speed and isn't guaranteed a spot for this Sunday's race at Michigan International Speedway.

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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.

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