Rangers enters administration, docked 10 points

Soccer Betting Lines

02/14/2012 - Glasgow, Scotland (Sportsbook Betting Lines) - Scottish Premier League champions Rangers entered administration Tuesday, which automatically penalized the storied club 10 points, and essentially handed the title to rival Celtic.

Rangers needed to enter administration because of a dispute over taxes, which could total around $100 million. The 54-time Scottish champions fell 14 points behind Celtic in the table, all but ending their current three-year title run.

"It remains our firm belief that the club's future can be secured and we hope this period of administration will be as short as possible," Rangers chairman Craig Whyte said in a statement.

"As chairman and a Rangers fan, it is very painful to see the club being deducted 10 league points but I would urge all Rangers supporters to rally round Ally McCoist and the team in these difficult times."

In addition to the tax woes, "the club has been loss making for many months," according to Whyte.

Considering all the problems, the Glasgow club had "no option but to formally restructure its financial affairs," Whyte added.

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Sportsbook betting odds favor Europe in Ryder Cup

September 19, – Despite holding a decided edge in the all-time series, with 24 wins, 2 ties and 10 losses, Team USA is the underdog again heading into the Ryder Cup in Kidare, Ireland this weekend, according to MySportsbook.com.  The Europeans have captured four of the past five editions, including their largest victory ever, an 18 ½ to 9 ½ thumping in Michigan in 2004. Current Ryder Cup betting odds favor the Europeans to continue their winning ways; they are a 4-5 bet to take the title, compared to 6-5 for the Americans. 

Despite being knocked out in the first round of World Match play by Shaun Micheel, Tiger Woods is predicted to lead the US charge and be their highest point scorer for the week, with odds listed at 9-4 that he outpoints all other American players, including Jim Furyk, Phil Mickelson and Chris DiMarco to  name a  few.  Team USA has four relatively unknown players on the roster but all four are 2007 tournament winners and have posted some of season’s best performances, each earning over $1.5 million on the PGA TOUR.  They include Zach Johnson, Vaughan Taylor, JJ Henry and Brett Wetterich.

The experienced European squad includes the likes of Luke Donald, Sergio Garcia, Padraig Harrington, Jose Maria Olazabal and Darren Clarke, who’s emotions will be tested after the passing of his wife to a battle with cancer.  Donald and Garcia are in particularly good form and each is a 5-1 bet to lead the European squad in the points race. Donald has proven he can go head to head with Woods at a major event after a run for the $1.2 million purse at the PGA Championship. Garcia’s Ryder Cup credentials prove he’s ready for battle too.

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

Ryder Cup Odds

Europe
Tie
USA		 4-5
10-1
6-5


Ryder Cup Top US point scorer
Tiger Woods
Jim Furyk
Phil Mickelson
Chris DiMarco
David Toms
Stewart Cink
Chad Campbell
Scott Verplank
Zach Johnson
Vaughan Taylor
JJ Henry
Brett Wetterich		 9-4
4-1
5-1
7-1
8-1
12-1
15-1
15-1
25-1
30-1
30-1
50-1


Ryder Cup Top European scorer
Sergio Garcia
Luke Donald
Padraig Harrington
Colin Montgomerie
Darren Clarke
David Howell
Lee Westwood
Paul Casey
Henrik Stenson
Jose Maria Olazabal
Paul McGinley
Robert Karlsson		 5-1
5-1
6-1
13-2
8-1
9-1
9-1
11-1
12-1
12-1
20-1
25-1

To visit this online sportsbook got to MySportsbook.com