Bonus introduced for winning Preakness Stakes
Horseracing Betting Lines
08/28/2010 -
Philadelphia, PA (Sportsbook Betting Lines) - It's been a few years since there has been
a bonus for sweeping the Triple Crown races. During the time that VISA
sponsored the bonus, no three-year-old thoroughbred won the three classics,
Kentucky Derby, Preakness and Belmont Stakes.
Now, MI Developments Inc. has announced a bonus program involving winning the
Preakness Stakes at Pimlico Race Course and specified prep races at company
owned racetracks. The name of the program is PREAKNESS 5.5. The 5.5 represents
the $5.5 million that would be up for grabs by owners and trainers.
The tracks involved are all owned by MID: Gulfstream Park, Santa Anita Park
and Golden Gate Fields. The $5.5 million bonus will be shared between the
winning owner ($5 million) and trainer ($500,000).
"The purpose of this grand prize is to provide a spectacular event for the
fans and to create a potential life changing experience for the stakeholders
of the racing industry," stated Frank Stronach, Chairman of MID. "These events
represent the greatest hope for the renewal of the thoroughbred racing
business in America. Our continued development of MID's recently acquired
assets should translate into improved results across MID Racing Properties'
asset base."
In order to receive the bonus money horses prepping for the Triple Crown at
the designated tracks must win at least two stakes races for three-year-olds.
At Gulfstream Park a horse must win either the Holy Bull Stakes or the
Fountain of Youth, and also capture the Florida Derby on Sunday, April 3,
2011. The purse for the Florida and the Santa Anita Derbies have each been
raised to $1 million.
At Santa Anita Park, before claiming the Santa Anita Derby a horse must win
either the Robert B. Lewis or San Felipe Stakes. A horse can also qualify by
winning the El Camino Real Derby at Golden Gate Fields and then win the Santa
Anita Derby.
"Gulfstream and Santa Anita have long and storied traditions of producing the
finest three-year-olds in the country," said Gulfstream Park General Manager,
Steve Calabro. "I expect this will produce Gulfstream's finest winter racing."
A consolation prize will also be offered sponsored by XpressBet. This will be
called XpressBet .55. If the winner of the 2011 Preakness is not eligible for
the Preakness $5.5 million bonus, the winning owner would get $500,000 and the
winning trainer $50,000. However, the Preakness winning horse must have been a
runner in one of the initial qualifying races and finished first, second or
third in the Santa Anita or the Florida Derbies.
"I am really excited to support the owners and breeders in the 2011 three-
year-old season," said Ron Luniewski, President of XpressBet. "As we move
towards the three-year-old season, we will be offering some fun wagers based
on the Preakness 5.5 and the XpressBet .55."
Any new idea that can increase interest in thoroughbred racing must be
commended. I would like to see more bonus programs created spanning races over
an entire year.
A logical one would involve the Haskell Invitational, Travers Stakes and
Pennsylvania Derby. All are $1 million stakes for three-year-olds during the
summer and early fall.
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“You play to win the game!”
Those are the words of notoriously intense head coach Herman Edwards. Unfortunately, from a bettors’ perspective, most coaches don’t feel that way about the NFL preseason. August is a time to evaluate young players, finalize the depth chart and pray your star players stay healthy.
The trick to making money during the exhibition schedule is identifying coaches – like Edwards – who can’t stand losing even when there's nothing on the line.
The New York Jets betting won 15 of 21 preseason games and went 14-7 against the spread (ATS) during Edwards’s five-year tenure with the club. In his first season as the Kansas City Chiefs field boss, the team improved from 0-4 to 2-2.
Identifying win-a-holics like Edwards is a good start if you plan betting the preseason – even though most say you shouldn’t ... but what the hell do they know anyway?
Here’s a brief rundown of two teams that have a habit of winning during the second-stringers’ season, and another club that has a good chance of exceeding this year.
New York Giants betting lines
Playing in the media hub of North America can be stressful but the press can’t write anything negative about the way Tom Coughlin’s boys play in the preseason. The Giants won and covered all four games last summer, improving their record to 7-1 both straight up (SU) and against the spread over the last two years.
Coughlin has shown he’s not afraid to give his starters more time in the second preseason game than most of his colleagues, no doubt one of the reasons his team has been so dominant.
Dallas Cowboys betting lines
Bettors can count on America’s team early on. The Cowboys are 14-6 both SU and ATS since 2002 in warm-up contests. Former coach Bill Parcells, the coach of the team the last four years, has an intimidating, in-your-face presence – surely a reason Dallas has had so much early success.
The Big Tuna won’t be strolling the sidelines with looks of disgust, but new coach Wade Phillips will be anxious to make a good first impression for owner Jerry Jones.
Dallas plays the Indianapolis Colts and the Denver Broncos before things get serious. They then face the Houston Texans in their third contest (the game starters see most game time) and finish off with the Minnesota Vikings.
Expect a Dallas team able to walk away with another 3-1 preseason record.
Oakland Raiders betting lines
This team scored a league-worst 12 offensive touchdowns last season, so the rookies and veterans each have something to prove. There’s a bounty of first-unit jobs up for grabs and plenty of bodies competing for those slots.
First-time head coach Lane Kiffin will be eager to impress an owner who employs the philosophy, “Just win, baby!”
The 32-year-old Kiffin has to command respect from a locker room full of players older than him. All of these factors should lead to purpose in preseason.
Don’t forget: before playing like a team that belonged in NFL Europe, Oakland went 4-1 (both SU and ATS) in exhibition games.
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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).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
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