Langer builds 3-shot lead at Senior British

Golf Betting Lines

07/24/2010 - Carnoustie, Scotland (Sportsbook Betting Lines) - Bernhard Langer built a three-shot lead at the Senior British Open on Saturday after carding a two-under 69 in the third round.

Chasing his first major on the Champions Tour, Langer finished 54 holes at Carnoustie with a six-under 207.

Corey Pavin shared the 36-hole lead with Langer, but couldn't keep pace, posting a 72 to fall to three-under 210. A tour rookie, Pavin is seeking his first win the 50-and-over circuit.

Six players were tied at two-under 211, including Fred Funk, who rocketed 16 places on the leaderboard with a four-under 67. He was joined in third place by Jay Haas (72), Larry Mize (72), Ian Woosnam (72), Jay Don Blake (70) and Russ Cochran (70).

Langer made three birdies and 14 pars in his first 17 holes. He carried a four-shot lead to No. 18, but his drive rolled about 30 yards into a bunker and he walked off with a closing bogey.

The Hall of Famer from Germany has 10 career Champions Tour wins, including two this year, but no majors. He won the Masters twice on the PGA Tour.

MORE TO FOLLOW.

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Academy Award Betting Odds for Best Picture Offer Great Value

If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture.  Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).

For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot.  The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.

TV Guide advises Oscar watchers should be cautioned not to discount the  drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.

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"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.

Who is to say independently produced Little Miss Sunshine won't be this year's Crash.  Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win. 

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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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