California Derby goes to local favorite

Horseracing Betting Lines

01/14/2012 - Berkeley, CA (Sportsbook Betting Lines) - Local stakes winner Russian Greek, the 3-2 favorite, came from last to win Saturday's $100,000 California Derby at Golden Gate Fields. The 1 1/16-mile race for three-year-olds is a prep event for the track's $200,000 El Camino Real Derby on February 18.

One of two horses in the race trained by Jerry Hollendorfer, Russian Greek started from post six with Aaron Gryder riding. Shipping up from Santa Anita was the 9-5 early favorite Hodge.

Setting the pace was Reconstruction, the other Hollendorder trainee, with Hodge running in second followed by Unveiled Heat and Cahill Chrome. Around the final turn Hodge, ridden by Russell Baze, took the lead with Unveiled Heat to his outside and Cahill Chrome three wide around the turn.

Russian Greek trailed the field by more than seven-lengths in the early going and began his move on the turn for home and moved to the outside for the strtetch run.

The favorite made a late rally to catch Cahill Chrome just before the wire and post a length victory. Finishing third was 4-1 third choice Senor Rain followed by Hodge, Unveiled Heat, Blacky the Bull and Reconstruction.

Russian Greek covered the distance on Golden Gate's synthetic track in 1:45.07.

Owned by Olympia Star Inc., Russian Greek picked up $60,000 in his third win over four career starts. The colt has banked $121,700.

After beginning his career with a win at San Rosa last July, Russian Greek finished fifth in the Golden Nugget Stakes at Golden Gate. He won the Gold Rush Stakes with another last to first rally at the Bay Area track.

Russian Greek returned $5.40, $3.40 and $2.60. Cahill Chrome paid $18.00 and $6.60, and Senor Rain paid $3.60 to show.

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What Is the Point Spread?

What are Sports Betting Point Spreads?

In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).

If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).

Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.

How to Read Point Spreads

New England Patriots -7 vs. Philadelphia Eagles

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:

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