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07/23/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls have reportedly come to terms with veteran forward Kurt Thomas on a contract.
The Chicago Tribune was one source reporting the agreement Thursday night.
The 37-year-old Thomas, a first-round draft pick by Miami in 1995, averaged three points and 4.2 rebounds in 70 games for Milwaukee last season. He has played in 966 career games with Miami, Dallas, New York, Phoenix, Seattle, San Antonio and the Bucks, and has averaged 8.8 points and 7.0 boards.
<< Kuroda sparkles on mound as Dodgers blank Mets
Los Angeles, CA (Sportsbook Betting Lines) - Hiroki Kuroda threw eight scoreless frames,
stonewalling an already befuddled Mets offense, as the Dodgers blanked New
York, 2-0, in the first of four games at Chavez Ravine.
Kuroda (8-8) scattered fi
<< Donovan's late goal helps Galaxy tie Earthquakes
Carson, CA (Sportsbook Betting Lines) - Landon Donovan scored in the 90th minute and the
Los Angeles Galaxy remained unbeaten at home in Major League Soccer with a 2-2
draw Thursday night against the San Jose Earthquakes at The Home Depot Center.
Edso
<< Broncos' Dumervil agrees to extension
Englewood, CO (Sportsbook Betting Lines) - Denver Broncos linebacker Elvis Dumervil has
agreed to a contract extension, just over a month after he signed his free
agent contract tender.
Terms of Dumervil's extension weren't disclosed, but source
<< Cain, Giants blank Diamondbacks
Phoenix, AZ (Sportsbook Betting Lines) - Matt Cain fanned nine batters over eight
shutout innings and Buster Posey continued his hot hitting by going 2-for-4
with an RBI as the Giants blanked the Diamondbacks, 3-0, at Chase Field.
Cain (8-8
Iowa St DB Sims investigated in credit card case >>
AMES, Iowa (AP) -Authorities say Iowa State defensive back David Sims is being investigated in connection with a stolen credit card, though no charges have been filed.Ames police commander Mike Brennan says a Des Moines woman reported July 17 that h
Chris Paul's "Big Three" Fantasy May Be Just That >>
New York, NY (Sportsbook Betting Lines) - Chris Paul is looking to follow in the
footsteps of his good friend LeBron James and form his own trio of star players
in the hopes of winning an NBA championship. The Hornets' talented point guard
reportedly has
Roughriders add K/P Johnson >>
Regina, SK (Sportsbook Betting Lines) - The Saskatchewan Roughriders have added
kicker/punter Eddie Johnson to the roster.
Johnson appeared in two games for Toronto last season and averaged 46.4 yards
on 16 punts.
The 29-year-old Idaho
Cardinals go with winless starter Suppan in Chicago >>
(Sportsbook Betting Lines) - Jeff Suppan takes another crack at his first win of the
season this afternoon when the St. Louis Cardinals open a three-game series
with the Chicago Cubs at Wrigley Field.
Suppan has gone 0-3 with a 4.20 earned
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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.
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