Euro Tour extends Race to Dubai for 3 years

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12/11/2011 - Dubai, United Arab Emirates (Sportsbook Betting Lines) - The European Tour announced on Sunday that the Race to Dubai has been extended for three years.

The season-ending event will change names from the Dubai World Championship to the DP World Tour Championship. It will remain at Jumeirah Golf Estates, where it has been held for the first three years of the tournament.

"We are delighted to be announcing the start of a new phase for The Race to Dubai and, specifically, the newly re-titled DP World Tour Championship, Dubai, at Jumeirah Golf Estates," said European Tour chief executive George O'Grady.

The prize fund was increased by $500,000 to make it an $8 million purse, with the winner earning $1.33 million. The bonus pool money will be adjusted as well, but that breakdown has not been determined yet.

Luke Donald held off Rory McIlroy to win the 2011 Race to Dubai on Sunday and in doing so, became the first player to ever top the PGA Tour and European Tour money lists in the same year.

The 2011 Race included 52 tournaments dating back to December 2010. The full 2012 schedule has not been released, but the season finale will be November 22-25, 2012.

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Academy Award Betting Odds for Best Picture Offer Great Value

If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture.  Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).

For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot.  The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.

TV Guide advises Oscar watchers should be cautioned not to discount the  drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.

"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,'  it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."

"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.

Who is to say independently produced Little Miss Sunshine won't be this year's Crash.  Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win. 

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