Posts Tagged ‘reference’

Del Mar Racetrack: ‘Where The Surf Meets the Turf’

Thursday, February 4th, 2010

Though it is sometimes overshadowed by more famous tracks back East like Churchill downs and Belmont Park, Del Mar Racetrack in Southern California has a rich and fascinating history. Located 20 miles north of San Diego and known for its iconic slogan “Where The Surf Meets the Turf”, Del Mar has not only hosted the best horses and jockeys on the planet but a ‘who’s who’ of show biz elite.

The Del Mar Thoroughbred Club was founded in the mid’30s, and they immediately turned their attention to building a world class horse racing venue. The names that were instrumental in the creation of Del Mar include a whos who of American entertainment–most notably Bing Crosby, Oliver Hardy (of Laurel and Hardy) and Jimmy Durante. At the time the facility opened thoroughbred horse racing was the second most popular sport in America behind major league baseball, and Del Mar’s show biz roots further helped secure its place as an important stop on the racing circuit.

The starpower drawn to the course was unprecedented. Bing Crosby himself greeted patrons at the gate on opening day, and during the late’30s and early’40s it became a place to be seen for Hollywood A-listers and those who aspired for celebrity. In addition to known gambling enthusiasts like W.C. Fields, Edgar Bergen and Red Skelton, the Del Mar patrons during that time also included some of the top female stars of the era including Ava Gardner, Paulette Goddard and Dorothy Lamour

Del Mar was the site of the’38 match race between Seabiscuit and Ligaroti. Seabiscut won the $25,000 winner take all challenge by a nose, and this race set Del Mar betting and attendance records and remains one of the most famous races in history. The racing at Del Mar continued to flourish until the start of WWII, when the track went ‘dark’ for racing. It was used at times by the military for, among other things, a training ground for Marines and later a production facility for bomber parts.

After the war Del Mar didn’t miss a beat, and reopened the day after Japan surrendered to Allied Forces in Tokyo Bay. That day drew over 21,000 fans to the park and set a new wagering record of over $950,000. The track flourished during the post war economic boom years, and improved transportation between the major urban centers in Southern California–along with a new crop of stars including Mickey Rooney, Jimmy Durante and Desi Arnez, Jr.–kept the track in the limelight.

The annual race meet at Del Mar remains a highlight of the summer to this day. Del Mar remains one of the top tracks in the country, and have recently upgraded their facility with a state of the art grandstand and was one of the first tracks to install a new synthetic racing surface.

Ross Everett is a widely published freelance sports writer and highly respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and sportsbook directory sites. He lives in Las Vegas with three Jack Russell Terriers and an emu. He is currently working on an autobiography of former interior secretary James Watt.

Common Sports Betting Futures Mistakes To Avoid

Tuesday, January 26th, 2010

Betting on sports ‘futures’ is an enjoyable and potentially profitable way to wager, but there are several potential risks that can lead to losses. Here’s a rundown of things to avoid:

Search for the best price: A common mistake is to assume that the price on a specific futures wager position will be the same at every sportsbook. Nothing could be further from the truth. In fact, you’ll often see a greater degree of difference between futures prices from book to book than any other form of bet. This is because that books aren’t as worried about what price other outfits are offering as they are about keeping their own financial position balanced.

Don’t fixate on picking the winner from a competitive field: This may sound like strange advice, but from a theoretical standpoint it makes perfect sense. As with every other element of sport wagering its crucial to always focus not on winners and losers, but on the value you’re getting on individual bets. For example, in most years there are several teams with a realistic shot of winning at the start of the NCAA basketball tournament. The problem is that these top teams invariably offer low paybacks that are less than their ‘true odds’ of winning. Every team is subject to the same variables like injuries, slumps, bad matchups but backing teams that are ‘under the radar’ at higher prices offer more compensation for these ‘risks’.

In mathematical terms, we’re simply not being offered odds on a favorite that offer a good value in comparison with the ‘true odds’ of the event occurring. Let’s say we bet Duke at +200 to win the NCAA tournament. If we could magically play the NCAA tournament over 100 times, would Duke come out on top more than 33 times? If not, they’re a poor value at the price. At a higher price, I might be interested but at +200 the value is simply not there.

Note that the more competitive the market, the more difficult it is to find good value on a favorite. In a smaller field, or in a field with one dominant competitor it can be easier. For example, say the UFC were to have a tournament involving heavyweight champion Brock Lesnar and three male figure skaters. Even if Lesnar was slightly injured, or not at the top of his game he’d essentially have a 100% chance of beating the smaller, effeminate men who are untrained to fight. If a book installed Lesnar as a -1000 favorite in this spot, it could still be considered a good value. It’s never easy to risk a lot to win a little, but from strictly a mathematical standpoint it makes sense.

Don’t go for the big killing: Sports wagering is not a good arena in which to make a ‘big killing’. It may happen from time to time, but it is extremely rare. A perennial doormat can come out of nowhere to win a championship at a big price, but the fact that it happens from time to time doesn’t make it a good value. If you’re a recreational player and want to throw a few dollars at a big long shot, no real harm. If you aspire to any degree of seriousness as a sports better, however, you need to maintain your discipline and commitment to value at all times. If you want to hit a big jackpot play the lottery or the slot machines, but don’t try to do it in a sports betting paradigm.

Wagering value is just as important at the bottom of the barrel as it is at the top. Just because you’re getting a huge potential payback on a big dog doesn’t make it a good value. Make sure that the payback you’re getting presents an overlay situation–even on a huge underdog.

Don’t waste your money on ridiculous prop bets: Occasionally sports books offer ridiculous bets to get press or to be funny. For example, a book once offered odds on Demi Moore, Ashton Kutcher and Bruce Willis all hopping into bed together and releasing a video tape of the proceedings. You’d no doubt get a huge payback were this to happen, but the ‘true odds’ of such an event transpiring far exceeded even a big potential payback.

Ross Everett is a widely published freelance writer and respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sportsbooks and betting odds portal sites. He lives in Las Vegas with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.

Japan MMA Flashback: Aoki Dominates JZC At DREAM 2

Tuesday, January 12th, 2010

After a controversial no contest in their first matchup, there was no doubt as to the winner of the DREAM 2 rematch between Shina Aoki and JZ Calvan. Aoki controlled the fight from the opening bell and used a wide repertoire of submission attempts to keep his opponent off balance and on the defensive. Perhaps the most impressive element of the one sided victory was Aokis dominance of the ground game, which many observers considered to be JZs edge in the contest.

Aoki scored early with a takedown and controlled Calvan on the ground, working a heel lock attempt before taking his opponents back and attempting a rear naked choke. In the second, Aoki put on a submission clinic and demonstrated his ungodly flexibility as he spun from an armbar to a triangle choke and back again. Calvan was able to counter or escape, but looked completely out of sync as he generated almost no offense whatsoever over the 15 minutes.

Aoki was very emotional in his postfight speech to the crowd, while JZC just looked disgusted with himself for losing such a one sided contest.

With the victory Aoki advances to the semifinals of the lightweight GP tournament. Thats the plan at least, as Aoki made some statements in the Japanese press leading up to the fight that win or lose there would be no way hed be ready for the next round with only half the preparation time as the rest of the field.

The rest of the card was devoted to the opening round of the middleweight GP tournament. Taiei Kin defeated Minowa-man Ikuhisa Minowa in a very closely contested and entertaining fight. Minowa was clearly tired in the 2nd, and that likely sealed the deal for Kin.

Korean judoka Yoon Dong-Sik also advanced with a unanimous decision victory over Shungo Oyama. Most of the damage in this fight came from Yoons ground and pound from full mount, and he controlled the tempo from the outset. Two one sided contests followed, with Zeleg Galesic submitting Magomed Sultanakhmadov via arm bar in a minute and a half of the first round. That was followed by the MMA debut of former Pac 10 wrestling standout Ian Murphy, who had a worst case scenario draw against BJJ specialist Ronaldo Jacare.

Ross Everett is a freelance writer who has written on sports gambling and how to successfully bet on NFL football. He has appeared as a guest on TV and radio talking about boxing, hockey and NFL pointspreads. He lives in Las Vegas with three Jack Russell Terriers and a wombat.