Reutimann signs contract extension with MWR

Autoracing Betting Lines

07/23/2010 - Indianapolis, IN (Sportsbook Betting Lines) - David Reutimann has signed a multi-year contract extension with Michael Waltrip Racing to remain as driver of the No.00 Toyota through the 2012 Sprint Cup Series season.

Reutimann and team owner Michael Waltrip made the announcement Friday at Indianapolis Motor Speedway, the site of this weekend's Brickyard 400. His primary sponsor, Aaron's, will increase its sponsorship with the team from 24 to 30 races in 2010. Aaron's will remain with Reutimann for 30 races in both the 2011 and '12 seasons.

"I'm glad both Michael Waltrip Racing and Aaron's want to keep me around," the 40-year-old Reutimann said. "I've been asked about my contract for the last month, and we've had a handshake agreement, but now it's done, and I'm glad I can finally talk about it. I'm thrilled."

Reutimann picked up his second career Sprint Cup victory two weeks ago at Chicagoland. He is currently 15th in the point standings. Reutimann gave MWR its first Cup win in May 2009 in the rain-shortened 600-mile race at Charlotte. He has been with Waltrip's team since the start of the 2007 season.

"We never wavered on wanting to extend David and neither did Aaron's," Waltrip said. "David and Aaron's are like family to me. They've both been a large part of Michael Waltrip Racing since the very beginning and have stuck with us through thick and thin."

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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.

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

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