Bonus introduced for winning Preakness Stakes

Horseracing Betting Lines

08/28/2010 - Philadelphia, PA (Sportsbook Betting Lines) - It's been a few years since there has been a bonus for sweeping the Triple Crown races. During the time that VISA sponsored the bonus, no three-year-old thoroughbred won the three classics, Kentucky Derby, Preakness and Belmont Stakes.

Now, MI Developments Inc. has announced a bonus program involving winning the Preakness Stakes at Pimlico Race Course and specified prep races at company owned racetracks. The name of the program is PREAKNESS 5.5. The 5.5 represents the $5.5 million that would be up for grabs by owners and trainers.

The tracks involved are all owned by MID: Gulfstream Park, Santa Anita Park and Golden Gate Fields. The $5.5 million bonus will be shared between the winning owner ($5 million) and trainer ($500,000).

"The purpose of this grand prize is to provide a spectacular event for the fans and to create a potential life changing experience for the stakeholders of the racing industry," stated Frank Stronach, Chairman of MID. "These events represent the greatest hope for the renewal of the thoroughbred racing business in America. Our continued development of MID's recently acquired assets should translate into improved results across MID Racing Properties' asset base."

In order to receive the bonus money horses prepping for the Triple Crown at the designated tracks must win at least two stakes races for three-year-olds.

At Gulfstream Park a horse must win either the Holy Bull Stakes or the Fountain of Youth, and also capture the Florida Derby on Sunday, April 3, 2011. The purse for the Florida and the Santa Anita Derbies have each been raised to $1 million.

At Santa Anita Park, before claiming the Santa Anita Derby a horse must win either the Robert B. Lewis or San Felipe Stakes. A horse can also qualify by winning the El Camino Real Derby at Golden Gate Fields and then win the Santa Anita Derby.

"Gulfstream and Santa Anita have long and storied traditions of producing the finest three-year-olds in the country," said Gulfstream Park General Manager, Steve Calabro. "I expect this will produce Gulfstream's finest winter racing."

A consolation prize will also be offered sponsored by XpressBet. This will be called XpressBet .55. If the winner of the 2011 Preakness is not eligible for the Preakness $5.5 million bonus, the winning owner would get $500,000 and the winning trainer $50,000. However, the Preakness winning horse must have been a runner in one of the initial qualifying races and finished first, second or third in the Santa Anita or the Florida Derbies.

"I am really excited to support the owners and breeders in the 2011 three- year-old season," said Ron Luniewski, President of XpressBet. "As we move towards the three-year-old season, we will be offering some fun wagers based on the Preakness 5.5 and the XpressBet .55."

Any new idea that can increase interest in thoroughbred racing must be commended. I would like to see more bonus programs created spanning races over an entire year.

A logical one would involve the Haskell Invitational, Travers Stakes and Pennsylvania Derby. All are $1 million stakes for three-year-olds during the summer and early fall.

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It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.

As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.

Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.

Always a threat are the Ottawa Senators, with newly acquired goaltender Martin Gerber from the Stanley Cup champion ,Carolina Hurricanes. The Sens are second best in the rankings at a 7-1 bet, and odds makers at this sportsbook are optimistic that the Ottawa squad will fare better than last season's Eastern Conference semi-final upset to the Buffalo Sabres.

Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.

To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.

MySportsbook.com: NFL draft - The NFC South


In part two of MySportsbook.com’s draft preview, we’ll take a look at a division that was extremely disappointing last season: the NFC South.  Many “experts” predicted the Panthers to represent the NFC in the Super Bowl, of course they could not even make the playoffs in an extremely weak NFC.  The Saints definitely made up for the disappointing seasons of their NFC South brethren by exploding out of no where en route to the NFC Championship game.  For the avid NFL gambler, it is imperative to pay attention to the NFL draft.  Although free agency gets a ton of publicity, the successful franchises build their teams around the draft.

1. New Orleans Saints
Who would have thought this time last year that the Saints would be the favorites to win the NFC South for the 2007 campaign?  New Orleans is loaded with firepower on the offensive side of the ball but with the exodus of Joe Horn they will most likely look to draft a WR on Day 1.  Despite having the NFL’s 3rd ranked pass defense last season, the Saints will most likely upgrade their CB’s with one of their first two picks. Other possibilities for the Saints will be TE and DT.  Because of where they will be selecting (27th), the Saints could go the “best available player” route which could net a LB.

Key additions: Eric Johnson TE, Troy Evans LB, David Patten WR
Key loses: Joe Horn WR,
Team needs: CB, WR, TE, LB, DT
Possible draftees: Aaron Ross CB Texas, Darrelle Revis CB Pitt, Ted Ginn Jr. WR OSU, Paul Posluszny LB PSU, Chris Houston CB Arkansas, Greg Olsen TE Miami

2. Carolina Panthers
Carolina was one of the biggest disappointments in the NFL last season.  With the signing of David Carr, expect the very first quarterback controversy to come out of Carolina if Jake Delhomme doesn’t rebound quickly from an average 2007 season. With veteran safety Mike Minter getting up there in age, they will look to draft a safety on Day 1 but probably not in the first round.  LB is another need with the loss of Chris Draft to go along with Dan Morgan’s concussion problems.  If TE Greg Olsen is still on the board, he might be too good to pass up despite their needs on the defensive side of the ball.

Key additions: David Carr QB
Key loses: Chris Draft LB
Team needs: LB, TE, S, OT
Possible draftees: Greg Olsen TE Miami, Patrick Willis LB Ole Miss, Paul Posluszny LB PSU, Levi Brown OT PSU

3. Atlanta Falcons
The Falcons were another NFC South team to have a disappointing 2007 season.  The Falcons have been plenty busy during the off season with plenty of players coming and going including a new head coach.  The Falcons were able to improve their draft position with the trade of coveted backup QB Matt Schaub.  High on the list of Day 1 needs will be a defensive end to replace Patrick Kerney and a hard hitting safety since Lawyer Milloy is nearing the end of his career.  With an additional 2nd round pick, the Falcons could attempt to trade up to acquire local product WR Calvin Johnson. 

Key additions: Joey Harrington QB, Toniu Fonoti OG, Joe Horn WR
Key loses: Justin Griffen RB, Patrick Kerney DE, Matt Lehr OG, Ashley Lelie WR, Matt Schaub QB
Team needs: DE, S, OT, WR, DT
Possible draftees: LaRon Landry S LSU, Amobi Okoye DT Louisville, Levi Brown OT PSU, Jamaal Anderson DE Arkansas, Alan Branch DT Michigan

4. Tampa Bay Buccaneers
Age really caught up to the Bucs last season.  The Bucs still have plenty of household names on defense in Ronde Barber, Simeon Rice and Derrick Brooks but the one thing those three have in common is unfortunately age.  It is imperative for the Bucs to get much younger, especially on the defensive side of the ball. Despite having bigger needs on the defensive side of the ball, WR Calvin Johnson is the most likely pick if he is still available when the Bucs pick at the four spot.  This would suit Bucs’ faithful just fine as Johnson is widely considered the top talent in the draft and it is a position of need for the Bucs.

Key additions: Jeff Garcia QB, Kevin Carter DE, Torrie Cox CB, Cato June LB
Key loses: Dewayne White DE, Sean Mahan OG
Team needs: WR, LB, DE, CB (Youth on defense!)
Possible draftees: Calvin Johnson WR Georgia Tech, Gains Adams DE Clemson, Jamaal Anderson DE Arkansas

It is never too early to start betting on the NFL. Log on to MySportsbook.com to checkout all of the NFL futures for the upcoming season.  On the clock: the NFC North

Odds to win the NFC South:
New Orleans Saints 8-5
Carolina Panthers 2-1
Atlanta Falcons 12-5
Tampa Bay Buccaneers 9-2    

Odds to win the NFC:
New Orleans Saints 13-2
Carolina Panthers 7-1
Atlanta Falcons 20-1
Tampa Bay Buccaneers 25-1

Odds to win the Super Bowl:
New Orleans Saints 18-1
Carolina Panthers 20-1
Atlanta Falcons 50-1
Tampa Bay Buccaneers 75-1

To visit this sportsbook get to MySportsbook.com for all your online sportsbook needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.