Nationwide Tour adds new event in Jacksonville

Golf Betting Lines

10/21/2009 - Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The Nationwide Tour has announced a new event for next season, adding the Winn-Dixie Jacksonville Open to the schedule for 2010.

The event will be played in October on the Dye's Valley Course at TPC Sawgrass.

"We are excited to welcome Winn-Dixie to the PGA TOUR family and to work with Peter Lynch and his team to build a community event that showcases the next generation of PGA TOUR stars and the TPC Sawgrass Dye's Valley course," said PGA commissioner Tim Finchem. "We view the Winn-Dixie Jacksonville Open as a strong complement to THE PLAYERS Championship."

Jim Furyk, a former Nationwide Tour member and a 13-time PGA winner, is a Ponte Vedra Beach resident. "This is great news that the Nationwide Tour will be playing at the home of the PGA TOUR next year and Jacksonville-based Winn- Dixie will be the title sponsor," said Furyk. "I've seen the phenomenal growth of this Tour first-hand, originally as a Nationwide Tour member in 1993, and over the last 16 years, competing on the PGA TOUR."

The sister venue to the Stadium Course at TPC Sawgrass, the Dye's Valley Course was designed by Pete Dye and Bobby Weed, with Jerry Pate as the player consultant, opening in 1987. The course features water hazards on every hole and the par-72 layout can be stretched to 6,864 yards. The course previously hosted the Senior PLAYERS Championship for three years (1988-90).

The tournament, which will be broadcast on the Golf Channel, will feature a purse of $600,000, with $108,000 being awarded to the winner.

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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.

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