NBC to broadcast Breeders' Cup

Horseracing Betting Lines

01/23/2012 - New York, NY (Sportsbook Betting Lines) - NBC Sports Group has reached an agreement to begin televising the Breeder's Cup World Championships with the 2012 edition. NBC previously aired the Breeders' Cup from 1984 to 2005.

Breeders' Cup Ltd. and NBC Sports announced Monday that a multi-year contract has been finalized that will have the $5 million Breeders' Cup Classic conducted during primetime.

"Everyone here is delighted that the Breeders' Cup has returned home," said Jon Miller, President, Programming, NBC Sports and NBC Sportsbook Betting Lines. "Bringing back this prestigious event, combined with our long-term partnerships for the Triple Crown with Churchill Downs for the Kentucky Derby, in addition to the Preakness and Belmont cements the NBC Sports Group as the home of horse racing."

This year's Breeders' Cup, which will be held at Santa Anita Park on November 2 and 3, will have 9 1/2-hours of coverage on NBC and NBC Sportsbook Betting Lines. NBC Sportsbook Betting Lines will televise Friday's races between 4-8 p.m. (et) and Saturday's races from 3:30-8 p.m. NBC will pick up the broadcast for the Classic at 8 p.m.

"We are extremely excited to begin our new relationship with NBC and the NBC Sports Group in televising the Breeders' Cup World Championships as the finale to its expanded commitment to Thoroughbred racing," said Craig Fravel, President and CEO of Breeders' Cup Ltd. "In addition to fans enjoying the best in international competition over the two days of the Championships on NBC Sportsbook Betting Lines, we look forward to NBC showcasing the Breeders' Cup Classic in primetime."

The past six Breeders' Cups were aired by ESPN and ABC.

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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.

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