As an illustration, let's look at Super Bowl futures. Sports books list each NFL team with corresponding odds to win the Super Bowl. For example, the Ravens may be 5-1, the Redskins 12-1, the Cardinals 100-1, etc. If you place $10 on the Redskins and they go on to win the Super Bowl, you collect $120 plus your $10 back for a total payoff of $130. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl.
Many jokes have been made by comedians about fake obscure sports that are shown on ESPN. Dennis Miller mentioned watching "sumo rodeo," while George Carlin stated that ESPN showed "Australian dick wrestling." One of several Saturday Night Live sketches poking fun at the network features a fictional ESPN2 program called Scottish Soccer Hooligan Weekly, which includes a fake advertisement for "Senior Women's Beach Lacrosse." SNL also parodies ESPN Classic with fake archived obscure women's sports event telecasts from the 1980s (such as bowling, weightlifting and curling), with announcers who know nothing about the sport, and instead focus on the sponsors, which were always for feminine hygiene products. In the early years of ESPN, Late Night with David Letterman even featured a "Top Ten List" segment poking fun at some of the obscure sports seen on ESPN at the time. One of the more memorable sports on the list was "Amish Rake Fighting." A recurring skit on Late Night with Jimmy Fallon named Sports Freak-Out! is a parody of SportsCenter's overexcited anchors.
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Fox Sports Media Group formally announced the replacement of Speed with Fox Sports 1 on March 5, 2013, with a target launch date slated for August 17. The network airs content from Major League Baseball, the UFC, NASCAR, soccer (including the FIFA World Cup) and multiple college sports events (including owning rights to Big East basketball and its annual postseason basketball tournament at Madison Square Garden). As a competitor to ESPN's SportsCenter, the network created Fox Sports Live, described as a "24/7 news franchise providing around-the-clock coverage through regularly scheduled programs, hourly updates and an information-rich ticker that provides a network agnostic sports event television schedule." Notable personalities on FS1 include Regis Philbin, Mike Tyson, Michael Strahan, Erin Andrews, as well as many other Fox Sports personalities. On August 17, 2013, with little advanced promotion, the extreme sports-focused Fuel TV was rebranded as Fox Sports 2, a companion network serving primarily as an overflow channel for Fox Sports 1, along with providing supplementary sports coverage. The networks launched on August 17, 2013.
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Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
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Fox lost the broadcasting rights to the Bowl Championship Series to ESPN beginning in 2010. In response, Fox introduced a Saturday "game of the week" on FX in 2011, featuring games from the Pac-12, the Big 12 and Conference USA (the rights to which were later assumed by Fox and Fox Sports 1); Fox also signed deals to carry two new championship games created through conference realignments that occurred in 2010 and 2011: the Big Ten Conference Championship through 2016 (as part of Fox Sports' involvement with the Big Ten Network), and the Pac-12 Championship through 2017 on an alternating basis with ESPN. Fox lost the broadcasting rights to the 2015 Cotton Bowl Classic onwards again to ESPN.
Payment options: Online sports books in the U.S. are positioned to accept a variety of cashiering vehicles, including Paypal, VIP Preferred (eCheck), MasterCard/Visa, PayNearMe, NETELLER, and Skrill. This level of flexibility is simply unmatched at live venues, where bettors will generally have to pay with chips, cash, or a prepaid card (mobile wagering only).
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