LPGA Tour unveils 2012 schedule

Golf Betting Lines

01/10/2012 - Daytona Beach, FL (Sportsbook Betting Lines) - The LPGA Tour released it 2012 schedule on Tuesday and the 28-event slate features five new events.

As had already been announced, the tour opens the season February 9-12 in Australia with its first new stop. That will be followed by events in Thailand and Singapore before the first stateside event takes place March 15-18 with the LPGA Founders Cup in Arizona.

The tour will head to California for two tournaments, the second of which is the year's first major, the Kraft Nabisco Championship.

After two weeks off, the tour will move to Hawaii for another new tourney, then quickly shifts back to Alabama the following week.

In the first week of May, the tour will have a two-day event in Brazil. The next three events are in New York and New Jersey, including the year's second major, the Wegmans LPGA Championship.

After a pair of events, including a new stop in Canada, the year's third major -- the U.S. Women's Open -- will be contested at Blackwolf Run in Kohler, Wisconsin.

After a two-week respite, the tour heads to France for the Evian Masters, which will be a major starting in 2013. The tour returns to the U.S. for two events, including the return of the Jamie Farr Toledo Classic, which was off the slate last year.

The tour heads north of the border to Canada the last week of August, then will play a new event at an old location as the Kingsmill Resort hosts the Kingsmill Championship.

The following week is the season's final major, the Women's British Open at Royal Liverpool. The tour returns to the U.S. the next week for the Navistar LPGA Classic, which is the last full-field event in the states.

In October, the tour goes back to Asia for four straight weeks. The tour will shift to Mexico for Lorena Ochoa's event before the season wraps up November 15-18 with the second playing of the CME Group Titleholders.

According to the tour's release, LPGA Tour commissioner Michael Whan also revealed that the LPGA renewed eight of the nine tournament contracts that ended in 2011 and 10 of 11 marketing partnerships that also required new contracts.

With the addition of the new events, and the return of the Jamie Farr, the total purse in 2012 increased to $47 million after being $40.4 million last year.

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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)

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