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.

Wwwacesgoldcasino Horseracing Betting News

<< Wozniacki captures third straight Pilot Pen title
New Haven, CT (Sportsbook Betting Lines) - Caroline Wozniacki won her third consecutive Pilot Pen Tennis title Saturday by pulling out a three-set victory over Nadia Petrova. The world No. 2 Wozniacki took the 6-3, 3-6, 6-3 win over Petrova in a li

<< Leafs sign MacArthur for one year
Toronto, ON (Sportsbook Betting Lines) - Free-agent forward Clarke MacArthur was signed to a one-year contract with the Toronto Maple Leafs on Saturday. Terms of the deal were not disclosed, but TSN of Canada reported the deal is worth $1.1

<< Chiefs' Sheffield released from hospital
Kansas City, MO (Sportsbook Betting Lines) - Kansas City Chiefs linebacker Cameron Sheffield has been released from the hospital after suffering a neck injury in Friday's preseason game against Philadelphia. Sheffield, who has movement in all hi

<< Wigan shocks Spurs
London, England (Sportsbook Betting Lines) - Hugo Rodallega's goal 10 minutes from time handed Wigan an unlikely 1-0 win over Tottenham at White Hart Lane on Saturday. The result came just a few days after Tottenham sealed a place in the

<< USA routs Croatia in Worlds opener
Istanbul, Turkey (Sportsbook Betting Lines) - Eric Gordon sank four three-pointers and scored 16 points, as the United States crushed Croatia, 106-78, in its opening contest of the 2010 FIBA World Championship. Kevin Durant added 14 points for the

Blue Jays stave off late rally, nip Tigers >>
Toronto, ON (Sportsbook Betting Lines) - Brandon Morrow had another solid outing, allowing just one run in six innings, and the Toronto Blue Jays held on to beat the Detroit Tigers, 5-4, in the third of four games at Rogers Centre. Morrow

Defending champ ousted at U.S. Amateur >>
University Place, WA (Sportsbook Betting Lines) - Defending champion Byeong-Hun An was ousted from the U.S. Amateur on Saturday, losing on the last hole of his semifinal match. Trying to become the first back-to-back champion since Tiger Woods, An squ

Twins' Hudson leaves game >>
Seattle, WA (Sportsbook Betting Lines) - Twins second baseman Orlando Hudson left Saturday's game in the second inning. Hudson suffered an apparent right ankle sprain.

Red Sox activate reliever Hideki Okajima from DL >>
ST. PETERSBURG, Fla. (AP) -The Boston Red Sox have activated reliever Hideki Okajima from the 15-day disabled list and optioned right-hander Michael Bowden to Triple-A Pawtucket.The moves were announced before Boston's game Saturday night at Tampa B

Kirk fires 63 to grab lead in Tennessee >>
Farragut, TN (Sportsbook Betting Lines) - Chris Kirk fired a nine-under 63 Saturday to grab a one-stroke lead after 54 holes of the Knoxville Sentinel Open. Kirk completed three rounds at 15-under-par 201. He will go for his second win of the season

You've come to the right place if you're searching for a great legal online sportsbook ! The sportsbooks featured on this page accept sports wagers for the NBA, MLB, NHL, NFL, NCAA, Tennis, Soccer, Auto-Racing, Golf, Boxing, Horseracing, and many more. Using the information displayed on this page, you'll be able to make a wise-decision when selecting an online sportsbook and wagering service.

If you've never wagered at an online sportsbook before, you will find the process of starting to be straightforward. First, you choose a sportsbook from the list provided below. We feature the top sportsbooks on the web, with rankings based on company size, reputation, security, web site usability, and payment options. Once you've chosen the betting site that's right for you, the next step is online registration. You'll need to provide some basic information to create your account and receive a username and password. At this time, you'll also select a payment option. The books reviewed accept Visa, Mastercard, BankWire, and several others. Once you have an account created with the Sportsbook, you're ready to start wagering. You'll want to get familiar with their website and contact their Customer Service department if you have any questions.

Also, make sure you read the terms and conditions, which is usually located at the bottom of the homepage. The terms and conditions will outline all of the rules and regulations for the sportsbook. Once you are comfortable with the website and fully understand all of the rules, you are ready to start betting on your favorite sports teams or even on some hot current events!

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

Pro Football Odds : NFC SOUTH BETTING ODDS

NFL Sports Betting

NFL betting action is back! At MySportsbook, all of the pro football odds are posted for the NFC North. Check out how we see the four teams in this cloudy division stacking up this year in the chase for the playoffs! Green Bay Packers (+125) - With QB Aaron Rodgers leading the offense and DC Dom Capers working his magic on defense, the Packers are a real force to be reckoned with.

Virtually nothing changed on this offense for Green Bay from last year to this year, save for the addition of rookie OT Brian Bulaga to the bunch. Expect more huge numbers from the Pack, and a relatively favorable schedule should get them over the hump and into the playoffs once again this season. My NFL Betting Predictions: 11-5, 1st place in NFC North Minnesota Vikings (+130) - There are still too many unknowns about the Vikes this year. There is a huge difference between QB Brett Favre and either Tarvaris Jackson or Sage Rosenfels under center. Plus, is Favre comes back, is he really going to be able to keep his pick total under double digits again? Depth at running back looked like it might have been an issue with RB Chester Taylor fleeing in free agency, but drafting RB Toby Gerhart should pick up the difference. This defense is still suitable, but with a first place schedule, making the playoffs is going to be very tough regardless of whether #4 comes back or not.

There is a huge difference between QB Brett Favre and either Tarvaris Jackson or Sage Rosenfels under center. Plus, is Favre comes back, is he really going to be able to keep his pick total under double digits again? Depth at running back looked like it might have been an issue with RB Chester Taylor fleeing in free agency, but drafting RB Toby Gerhart should pick up the difference. This defense is still suitable, but with a first place schedule, making the playoffs is going to be very tough regardless of whether #4 comes back or not. Play this weekly NFL Football Contestto see if you can win.

Chicago Bears (+350) - The Bears are probably a bit of an overhyped team once again this year.No, we don't think it is plausible for QB Jay Cutler to have as bad of a season as he did last year, and we do think the additions of RB Chester Taylor and DE Julius Peppers are going to help immensely, but there's still something in the water in the Windy City that we aren't so sure about. Maybe Chicago finds its way to .500... but then again, maybe it doesn't. If Favre comes back, Cutler might be the worst quarterback in this division this year.

Detroit Lions (+1500) - The Lions are probably once again going to be the whipping boys for the rest of the teams in the NFC North, but they aren't just going to roll over and die once again. There is some real talent amassing on this team offensively, as the combination of QB Matt Stafford, RB Jahvid Best, WR Calvin Johnson, and TE Brandon Pettigrew should put a bunch of points on the board if the offensive line can even remotely hold up. The questions really lie on defense, where it feels like DT Ndamukong Suh is going to be trying to stop opposing teams all by himself. This year should show some marked improvement in the Motor City.

The Patriots will make NFL betting fans a lot of money this season, get in early and enjoy the cash.

NFL Betting

To visit this sportsbook go to MySportsbook.com for all your NFL football betting needs.