Hundreds attend Wheldon's funeral in Florida

Autoracing Betting Lines

10/22/2011 - St. Petersburg, FL (Sportsbook Betting Lines) - Family members, friends and many in the auto racing community gathered to pay their respects to two-time Indianapolis 500 winner and former IndyCar champion Dan Wheldon, who was killed in a multi- car crash during last Sunday's race at Las Vegas Motor Speedway.

Wheldon, 33, was remembered as an accomplished race car driver as well as a young father and husband during the hour-long service held on Saturday at First Presbyterian Church of St. Petersburg. He was born in Emberton, England but had resided in St. Petersburg. Wheldon is survived by his wife, Susie, and two sons, Sebastian and Oliver.

"Although the last few days have been unbearable for our family, the overwhelming love and support we have received are rays of sunshine during these dark days," Susie Wheldon said in a statement earlier this week. "The outpouring of sympathy and condolences has been so comforting, and I want to thank everyone for their kind notes, letters, gifts and flowers."

IndyCar drivers Dario Franchitti, Scott Dixon and Tony Kanaan were among those who served as pallbearers for Wheldon. Wynonna Judd performed "Amazing Grace" during the service. Her sister, Ashley Judd, who is Franchitti's wife, was also in attendance.

Large crowds formed outside the church to mourn Wheldon. A private burial for Wheldon was held after the funeral.

IndyCar has planned a public memorial service for the 2005 series titleholder on Sunday at Conseco Fieldhouse in Indianapolis. The memorial will be televised live on VERSUS and ESPNEWS as well as streamed online at IndyCar.com.

Wheldon won his second Indianapolis 500 in May. He made just three starts in the series this year.

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Big 12 Conference betting odds

Work left to do: Texas Tech, Oklahoma State, Kansas State

Texas joins Texas A&M and Kansas as locks after getting league win No. 11. Texas Tech greatly helped its own hopes and crippled OK State's with the two-point win Saturday. Is K-State the last reasonable hopeful? Could be an elimination match in Stillwater on Tuesday, at least for the Cowboys.

Work left to do:

Texas Tech [18-11 (7-7), RPI: 44, SOS: 12] A critical two-point win over OK State leaves the Red Raiders with Baylor and at Iowa State left. Get both and the Red Raiders likely are good to go. Get one and there could be some interesting comparisons with a K-State team that could finish two or three games "ahead" of them in the standings but doesn't have any of the quality wins Texas Tech has. Not a lot in nonconference play (against Arkansas in Little Rock being the best win, by far) to lean on.

Oklahoma State [18-9 (5-8), RPI: 50, SOS: 35] Still without a road win, the Cowboys now need to win two on the road just to get to .500 in conference play. It's hard to recall a team (OK, other than Clemson) falling so precipitously from lock status to almost certainly out of the NCAAs at this point. There are wins to be had in the last three, including a very big home game against K-State on Tuesday, but this team is reeling. Can you tell the pressure to win is getting to them with the way the final possession played out at Texas Tech? There are some good nonconference performances to lean on, specifically beating Missouri State and Syracuse on neutral floors and Pitt in OK City, but if the Pokes don't right this very, very soon, that won't be enough.

Kansas State [20-9 (9-5), RPI: 56, SOS: 96] It pays to be in the Big 12 North. The nine league wins are Colorado (twice), Missouri (twice), Iowa State (twice), Baylor, Nebraska and (a good one against) Texas. That helps explain the middling computer profile. The win over USC is nice, but the nonconference leaves a lot to be desired. The game at OK State in Stillwater on Tuesday is huge, as it could KO the Cowboys and leave K-State with a home date against Oklahoma with which to work.


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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