Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
07/13/2010 - Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Penguins have re-signed forward Chris Conner to a one-year, two-way contract.
The deal is for $550,000 at the NHL level.
Conner, 26, has spent four seasons in the NHL, the first three with Dallas and last season with Pittsburgh.
Over 79 games, he has nine goals and 15 assists.
<< Yankees' owner George Steinbrenner dies
Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner died
Tuesday morning. He was 80 years old.
"It is with profound sadness that the family of George M. Steinbrenner III
announces his passing," a statement from the
<< Report: Steinbrenner suffers heart attack
Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner has
reportedly suffered a heart attack.
According to the Tampa Tribune, emergency crews responded to Steinbrenner's
home late Monday night and took him to a hospit
<< Twins stagger into All-Star break in 3rd place
MINNEAPOLIS (AP) -With a payroll swelling to nearly $100 million and a spectacular new open-air ballpark, this was supposed to be the season the Minnesota Twins took hold of the AL Central from the start and challenged the New York Yankees for the A
<< AP source: Yankees' George Steinbrenner dies at 80
NEW YORK (AP) -A person close to George Steinbrenner tells The Associated Press that the New York Yankees' owner died Tuesday morning.The person spoke on condition of anonymity because the team had not yet made the announcement.Copyright © 2005
Steinbrenner's death casts pall over All-Star festivities >>
(Sportsbook Betting Lines) - If there was ever a baseball story that could steal the
spotlight from the All-Star Game, this was it.
George Steinbrenner passed away early Tuesday morning following a massive
heart
attack in his Tampa home. The longtime
AL West: Lee deal shakes up AL West >>
(Sportsbook Betting Lines) - We know this much is true about the Texas Rangers: on
paper, they are a better ballclub than they were before Friday.
When the Rangers traded for Seattle Mariners' ace Cliff Lee, they effectively
complemented their potent
Habs sign Lapierre, two others >>
Montreal, QC (Sportsbook Betting Lines) - The Montreal Canadiens signed forward Maxim
Lapierre to a one-year contract on Tuesday, and also signed defenseman Mathieu
Carle and forward J.T. Wyman to one-year, two-way contracts.
Lapierre finished his
Nets-Warriors make sign-and-trade deal for Morrow >>
EAST RUTHERFORD, N.J. (AP) -The New Jersey Nets have acquired guard Anthony Morrow in a sign and trade deal with the Golden State Warriors.The Nets say the deal was completed on Tuesday, just a day after they handed Morrow an offer sheet on a three-
In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).
If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).
Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.
New England Patriots -7 vs. Philadelphia Eagles
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:
There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
Philadelphia Eagles +7 vs. New England Patriots
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting