Haas leads Principal Charity Classic

Golf Betting Lines

06/09/2007 - West Des Moines, IA (Sportsbook Betting Lines) - Jay Haas, the reigning Champions Tour Player of the Year, fired a six-under-par 65 on Friday to take the first-round lead of the Principal Charity Classic.

Dave Eichelberger posted a five-under-par 66 and is alone in second place at Glen Oaks Country Club.

Two former champions Bob Gilder and Jim Thorpe were joined in a tie for third place by Mark James and David Edwards. The quartet finished Friday's opening round at four-under-par 67.

Haas parred his first three holes, then recorded back-to-back birdies from the fourth hole. He added another front-nine birdie at the seventh to make the turn at minus-three.

Haas, the leading money winner on the Champions Tour, birdied two in a row from the 10th and seemed to be in command. He bogeyed the 12th for a momentary setback, but birdied two of his next three.

He dropped a shot at the par-four 17th, but reclaimed the lead by himself with a 24-foot birdie putt at the closing hole.

Haas already has two wins this season at the Toshiba Classic and Liberty Mutual Legends of Golf. Last week, he held the 36-hole lead of the The Boeing Championship at Sandestin, but shot a final-round 73 and tied for fifth place.

Eichelberger had an interesting front nine on Friday. He birdied three and six, but double-bogeyed the par-four fourth. He finished his front nine with an eagle at the ninth.

He parred his next five holes, but birdied the par-five 15th. Eichelberger, a six-time winner on the Champions Tour who has not visited the winner's circle since 2002, birdied 17 and converted a 10-foot birdie putt at the last to get within one of the lead.

Tom Wargo, Tim Simpson, Keith Fergus and Tom Purtzer share seventh place at three-under-par 68.

Defending champion Gil Morgan double-bogeyed his final hole en route to a one- over-par 72. He is part of a group tied for 31st place.

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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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