Junebugred is golden in Smarty Jones

Horseracing Betting Lines

01/16/2012 - Hot Springs, AR (Sportsbook Betting Lines) - Junebugred, ridden by Joe Bravo, held on to win Monday's $100,000 Smarty Jones Stakes to begin Oaklawn Park's series for three-year-olds on the Kentucky Derby trail. The 6-1 third choice covered the mile distance in 1:38.45 on a fast track.

In the 12-horse field On Fire Baby, the lone filly to start, went off as the 3-2 favorite with Optimizer at 2-1.

Breaking from the gate first was Laurie's Rocket followed by No Spin, Jake Mo, Junebugred and On Fire Baby. Laurie's Rocket and No Spin battled on the front end up the backstretch and into the far turn.

On Fire Baby, with Joe Johnson riding, was four wide around the final turn with No Spin, Laurie's Rocket and Jake Mo to her inside. Junebugred had dropped back on the turn as 17-1 longshot Reckless Jerry came running on the outside.

At the top of the stretch Junebugred found room along the rail with Jake Mo, On Fire Baby, Laurie's Rocket and Reckless Jerry to his outside. Trained by Steve Hobby, Junebugred was able to take the lead in late stretch and hold off the late running Reckless Jerry.

Junebugred was able post a neck victory over Reckless Jerry with On Fire Baby finishing third. Holding on for fourth was Jake Mo followed by Laurie's Rocket, Optimizer, Copus, Prince Cheval, King Coral, No Spin, Fastestwhogetspaid and Hard Nosed.

Owned by Alex and Joann Lieblong, Junebugred was making just his third career start in the Smarty Jones. The win was worth $60,000 to bring the chestnut colt's earnings to $95,400.

The three-year-old made his debut last October at Monmouth Park when he finished third as the 13-10 favorite. Six weeks later he broke his maiden at Aqueduct at 8-1.

"We started him off and he showed us some talent," said Hobby about the colt. "His first time out he hadn't had any dirt in his face and he got to hopping and jumping around like a lot of first-time starters do. We went and sent him to David (trainer David Fawkes) in New York to give him a shot on the track up there."

Junebugred returned $14.80, $7.00 and $4.60. Reckless Jerry paid $12.80 and $6.20, and On Fire Baby paid $2.60 to show.

Next for three-year-olds is the $250,000 Southwest Stakes on Monday, February 20 followed by the $500,000 Rebel on March 17 and $1 million Arkansas Derby on April 14.

The Smarty Jones Stakes is named for the 2004 champion three-year-old colt who won the Arkansas Derby along with the Run for the Roses and Preakness Stakes. The stakes was won last year by eventual Breeders' Cup Dirt Mile champ Caleb's Posse.

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SPORTS BETTING

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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 .

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