Dan Wheldon dies after crash in IndyCar Las Vegas race

Autoracing Betting Lines

10/16/2011 - Las Vegas, NV (Sportsbook Betting Lines) - Former IZOD IndyCar Series champion and two- time Indianapolis 500 winner Dan Wheldon died from injuries sustained in a horrifying 15-car crash during Sunday's 300-mile season-finale race at Las Vegas Motor Speedway. He was 33 years old.

Wheldon, who captured his series title in 2005 and won his second Indianapolis 500 five months ago, was fatally injured after his car became airborne. The vehicle then appeared to hit the outside wall and catch the fence along the backstretch, and erupted into flames. The incident occurred after Wade Cunningham ran into the back of J.R. Hildebrand, sending Hildebrand's car airborne and triggering the crash.

IndyCar chief executive officer Randy Bernard made the announcement of Wheldon's death roughly two hours after the accident occurred.

"IndyCar is sad to announce that Dan Wheldon passed away from unsurvivable injuries," Bernard said. "Our thoughts and prayers are with his family today."

Bernard also announced the race would not finish. Shortly after, drivers made a five-lap salute to Wheldon.

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Betting Sports

The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)

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Points (or Runs) Scored

Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.

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Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.

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Proposition bets , also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:

Types of Bets

Straight Bet

Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.

Sports Betting Parlays

A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.

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Adventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin . A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C – with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.

Betting Teasers

Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.

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