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07/29/2010 - Buffalo, NY (Sportsbook Betting Lines) - Buffalo Sabres forward Tim Kennedy was awarded a one-year contract worth $1 million by an arbitrator on Thursday.
Per guidelines set in the NHL's current Collective Bargaining Agreement, the Sabres cannot walk away from any free-agent contract given through an arbitrator's decision that is lower than $1,611,180 per year.
In his first full league campaign, the 24-year-old Buffalo native compiled 10 goals and 26 points with 50 penalty minutes in 78 games.
<< Oswalt traded to Phillies
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies completed their
trade for Roy Oswalt on Thursday, acquiring the pitcher from the Houston
Astros.
The Phillies also received cash considerations, and sent pitcher J.A. Happ
<< Tseng and Hull lead Women's British Open
South Port, England (Sportsbook Betting Lines) - Yani Tseng and Katherine Hull both
posted rounds of four-under 68 on Thursday to share the first-round lead of
the Women's British Open at Royal Birkdale.
Tseng and Hull both eagled the last
<< Howell's 64 leads Irish Open
Killarney, Ireland (Sportsbook Betting Lines) - England's David Howell fired a seven-
under 64 on Thursday to take the first-round lead at the Irish Open at
Killarney Golf & Fishing Club.
Richard Green and Damien McGrane both posted ro
<< Rain wipes out Day 4 in Umag
Umag, Croatia (Sportsbook Betting Lines) - Rain washed away Thursday's second-round
schedule at the clay-court Croatia Open.
Second-seeded French Open semifinalist Jurgen Melzer of Austria was scheduled
to face Czech Jan Hajek and third-seede
Desmond helps Nats win series from Braves >>
Washington, DC (Sportsbook Betting Lines) - Ian Desmond went 2-for-3 with a home run and
drove in two, as the Washington Nationals edged the Atlanta Braves, 5-3, in
the rubber match of a three-game series.
Scott Olsen (3-2), who was reinstated from
Real Madrid sold its 'soul' to Schalke >>
Philadelphia, PA (Sportsbook Betting Lines) - Raul in Royal Blue? Fitting, I guess, even
if it's tough to imagine. Raul ended his 16-year stay at Real Madrid this week
and started his second life at Schalke on Thursday.
Signed to a "lifetime contract"
Kings' Greene sidelined three months following shoulder surgery >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings announced Thursday
that defenseman Matt Greene is expected to be sidelined approximately three
months after recently undergoing shoulder surgery.
Greene, 27, appeared in 75 gam
Hughes named manager at Fulham >>
London, England (Sportsbook Betting Lines) - Fulham named Mark Hughes its new manager on
Thursday and signed him to a two-year contract.
The former Wales, Blackburn and Manchester City manager replaces Roy Hodgson,
who left to join Arsenal this offs
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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