Budweiser moving sponsorship to Harvick's No.29 team in 2011

Autoracing Betting Lines

08/17/2010 - Welcome, NC (Sportsbook Betting Lines) - Kevin Harvick will become NASCAR's next "Bud Man," starting in 2011.

Richard Childress Racing announced on Tuesday that Budweiser will serve as primary sponsor of Harvick's No.29 team for 20 points races, two non-points races during Daytona Speedweeks and co-primary sponsor of the NASCAR Sprint All-Star Race in Charlotte next year. The beer brand will remain an associate sponsor for the remaining 16 point races on the '11 schedule.

"Budweiser is one of the most respected sponsors in our sport," said Harvick, who is the current Sprint Cup points leader and the first of 12 drivers who has clinched a spot in this year's championship Chase. "They do a lot to market their teams and the sport in television broadcasts and away from the track. I'm looking forward to driving the No. 29 Budweiser Chevrolet, taking it to victory lane and winning championships."

In April, Harvick's current primary sponsor -- Shell/Pennzoil -- announced it will leave RCR at season's end and move over to Penske Racing to sponsor Kurt Busch and his new No.22 ride, beginning next year.

Harvick signed a multi-year contract extension with RCR in May. He has driven the No.29 car for RCR in Cup since replacing Dale Earnhardt after Earnhardt's fatal crash in the 2001 Daytona 500. Harvick has recorded 14 career Cup victories, including a win last Sunday at Michigan. He also is a two-time Nationwide Series champion (2001 and '06).

"Throughout his career, Kevin has shown he can win at any level in NASCAR," team owner Richard Childress said. "Combining his talent with Budweiser's NASCAR lineage and proven track record of innovative sponsorship activations makes this an exciting pairing for fans everywhere. RCR prides itself on its heritage and authenticity, so working with a brand like Budweiser, which has built their reputation on those same values, is a very special opportunity."

Budweiser currently supports the efforts of Kasey Kahne's No.9 Ford team at Richard Petty Motorsports. But Kahne is leaving RPM at the end of this season to drive one of two Red Bull Racing cars for next year. He will then move over to Hendrick Motorsports in 2012 to take over the wheel of Mark Martin's No.5 car.

"The King of Beers" also has sponsored Dale Earnhardt Jr., Wally Dallenbach, Ricky Craven, Ken Schrader, Bill Elliott, Geoff Bodine, Darrell Waltrip and Terry Labonte since it entered the Cup circuit in 1983.

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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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