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10/24/2011 - Indianapolis, IN (Sportsbook Betting Lines) - Eight days after Dan Wheldon's fatal crash at Las Vegas Motor Speedway, several drivers and officials from the IZOD IndyCar Series convened for a three-hour, closed-door meeting at Indianapolis Motor Speedway to discuss safety issues in the sport.
IndyCar CEO Randy Bernard scheduled the voluntary meeting on Monday, since many competitors were in Indianapolis to attend a public memorial service for Wheldon, held yesterday at Conseco Field.
Dario Franchitti and Tony Kanaan were among those drivers who met with Bernard, as well as Brian Barnhart, IndyCar's president of competition and racing operations, and Will Phillips, the series' vice president of technology.
Franchitti and Kanaan briefly met with reporters afterwards. Both drivers did not share much information about the contents of the meeting but said it was "positive" and "productive." Franchitti and Kanaan served as pallbearers for Wheldon during Saturday's funeral service in St. Petersburg, FL.
"We all got to talk a lot and listen a lot," four-time series champion Franchitti said. "We just looked at going forward and how do we improve things in all areas, so I think it was a very positive and productive meeting. That's the first step I think today."
IndyCar endured its darkest moment in the early going of the October 16 race at Las Vegas when a horrific 15-car crash claimed the life of Wheldon, a two- time Indianapolis 500 winner and former IndyCar champion. Wheldon's car went airborne into the catch fence along turn two before it erupted into flames during the lap 11 incident. The 33-year-old Englishman died of blunt head trauma.
"We're going to use this terrible thing that happened, and we're going to try to make things as safe as possible," Franchitti added.
Wheldon had recently served as test driver for IndyCar's new Dallara chassis at IMS, a car he thought was much safer than the current one.
"Everybody was in a very positive attitude and in a positive way, trying to makes things better than they are already," said Kanaan, the 2004 series titleholder. "We have a new opportunity with the new car, so it was a very productive meeting. It was everybody trying to get on the same page and brainstorming for the future."
Wheldon was the first IndyCar driver killed at a racetrack since Paul Dana's fatal crash during a practice session at Homestead-Miami Speedway in 2006.
"What people need to understand is that we're not going to make motor racing a hundred percent safe," Kanaan noted. "That's the fact. As long as we can leave with the fact that what we do is very dangerous, we can keep making it better."
Hours after the meeting, IndyCar issued a news release, noting it will continue with its investigation into Las Vegas accident. IndyCar said it will conduct the investigation in two phases.
As part of the first phase, an internal team led by series safety and competition officials will evaluate data to make a factual determination of the circumstances surrounding the entire incident.
The team will utilize outside, independent experts and consultants for analysis of the data, and the results will then be turned over to an independent, third-party group for validation.
"We must continue to move forward with a thorough investigation," Bernard said in a statement. "Fortunately, that has already begun, and we have the protocols in place to get this done. This was a tragic accident, and IndyCar needs to understand everything possible about it."
IndyCar expects it will take several weeks for phase one to be completed. Phase two of the investigation will utilize information from the first one to minimize risks in the future.
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With the puck at the low left circle
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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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