Calcavecchia leads First Tee Open by two

Golf Betting Lines

09/03/2010 - Pebble Beach, CA (Sportsbook Betting Lines) - Mark Calcavecchia fired an eight-under 64 Friday to take a two-stroke lead after the first round of the First Tee Open.

Calcavecchia fired his 64 at Del Monte Golf Course, which is one of two courses used for the first two rounds. The other course, Pebble Beach, will host the final round on Sunday.

Tom Pernice, Jr. carded a six-under 66 and is alone in second place.

Fred Couples, who is second on the Champions Tour money list, shares third place at minus-five. He was joined there by Scott Simpson, Bob Tway, Chip Beck, Tom Kite, Olin Browne and Wayne Levi.

Calcavecchia started on the back nine at Del Monte and notched his first birdie on the 11th. He ran off three straight birdies from the 15th to jump to minus-four.

Around the turn, Calcavecchia birdied the first and second. After a par on the third, he got to seven-under thanks to a birdie at the par-three fourth.

Calcavecchia parred four in a row. At the par-five ninth, his last, he made his final birdie to cap a bogey-free round.

Pernice, who spent most of his time on the PGA Tour this year, birdied the first four holes to jump up the leaderboard.

After a par on No. 5, Pernice birdied the sixth then ran off 10 consecutive pars from the seventh.

His par run ended with a birdie on the par-three 17th. Pernice parred the last to end two back.

MORE TO FOLLOW.

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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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