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02/08/2010 - Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers announced Monday that they will honor former owner and current baseball commissioner Bud Selig with a statue at Miller Park.
It will be the third statue built at Miller Park, joining Hank Aaron and Robin Yount.
"We are proud to honor Commissioner Selig for all of his efforts on behalf of the Milwaukee Brewers and Major League Baseball," said current owner Mark Attanasio. "The Brewers and Miller Park are in this city because of the commissioner's vision and dedicated efforts."
The statue will be unveiled at a ceremony on August 24.
<< Pacers' Foster to have season-ending back surgery
Indianapolis, IN (Sportsbook Betting Lines) - Indiana Pacers forward/center Jeff Foster
will undergo season-ending surgery for lower back pain following the All-Star
break.
Foster is expected to make a full recovery and participate in training camp
<< Clippers' Kaman to replace injured Roy in All-Star Game
New York, NY (Sportsbook Betting Lines) - Los Angeles Clippers center Chris Kaman
was named the replacement for injured Portland Trail Blazers guard Brandon Roy
Monday for the NBA All-Star Game to be held February 14 in Dallas.
Kaman, a sevent
<< Vesnina, Szavay advance in France
Paris, France (Sportsbook Betting Lines) - Eighth-seeded Elena Vesnina and Hungarian
Agnes Szavay were Monday's first-round winners at the $700,000 Open GDF Suez
tennis tournament.
The Russian Vesnina vaulted past Romanian Alexandra Dulgheru 6
<< Stricker up to second in world rankings
Philadelphia, PA (Sportsbook Betting Lines) - Steve Stricker's victory on Sunday at the
Northern Trust Open moved the American to second in this week's world
rankings.
Tiger Woods remained in first, followed by Stricker, who was third last
Yankees add Thames to outfield mix >>
New York, NY (Sportsbook Betting Lines) - The New York Yankees have reportedly added
Marcus Thames with a one-year contract worth $900,000 if he makes the team.
SI.com and the New York Post reported the signing. Thames is expected to
compete
Rachel Alexandra staying loose in Big Easy >>
New Orleans, LA (Sportsbook Betting Lines) - Less than 12 hours after the New Orleans
Saints captured Super Bowl XLIV, the other champion residing in the Big Easy
took to the track for a jog.
Horse of the Year Rachel Alexandra took a jog aroun
Blue Bombers sign RB Marc >>
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers announced Monday
that they have agreed to terms with running back Emmanuel Marc.
Marc participated in Winnipeg's training camp in 2009 and graduated from
Delaware State in
Carr re-signs with Fire >>
Bridgeview, IL (Sportsbook Betting Lines) - Calen Carr has re-signed with the Chicago
Fire for his fifth season in Major League Soccer.
In four seasons in Chicago, Carr has appeared in 68 games, including 15
starts, while tallying six goals
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.
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