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06/30/2010 - Allen Park, MI (Sportsbook Betting Lines) - The Detroit Lions on Wednesday signed rookie cornerback Amari Spievey to a three-year contract.
Spievey was selected by the Lions in the third round (66th overall) of this year's draft. The 5-foot-11, 195-pounder started every game that he played in (26) at Iowa, recording 124 tackles.
Detroit also inked defensive end Willie Young to a three-year deal. The North Carolina State product was taken in the seventh round of this year's draft.
<< Manny Ramirez to get MRI on hamstring
San Francisco, CA (Sportsbook Betting Lines) - Los Angeles Dodgers star outfielder
Manny Ramirez will undergo an MRI on his injured right hamstring during
Thursday's day off.
Ramirez will have the MRI done in Arizona, where the Dodgers ar
<< Wilson transfers to Marquette
Milwaukee, WI (Sportsbook Betting Lines) - Forward Jamil Wilson has transfered to
Marquette after spending his freshman season at Oregon.
He will have to sit out the 2010-11 season due to NCAA transfer rules, but
will have three years of el
<< Dodgers complete sweep of Giants
San Francisco, CA (Sportsbook Betting Lines) - Rafael Furcal and Matt Kemp each homered
to back Vicente Padilla's solid pitching performance, as the Los Angeles
Dodgers dominated the San Francisco Giants, 8-2, to complete a three-game
series
<< Red Wings, city of Detroit agree to extend arena lease talks
Detroit, MI (Sportsbook Betting Lines) - The Detroit Red Wings and Detroit mayor Dave
Bing agreed to extend talks aimed at a lease renewal that will keep the hockey
club at Joe Louis Arena.
The Detroit Free Press revealed that both sides have
Rockets extend qualifying offers to Scola, Lowry >>
Houston, TX (Sportsbook Betting Lines) - The Houston Rockets extended qualifying offers
to forward Luis Scola and guard Kyle Lowry prior to a Wednesday night
deadline.
The team also exercised a team option to extend the contract of center/fo
Spurs' Jefferson to become a free agent >>
San Antonio, TX (Sportsbook Betting Lines) - San Antonio Spurs forward Richard Jefferson
has opted out of the final year of his contract, forgoing the $15 million he
is due next season to test the free agent market.
The Spurs acquired Jefferson in a
Ducks get Jaffray from Flames >>
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks acquired left wing/center
Jason Jaffray from the Calgary Flames in exchange for left wing Logan
MacMillan. Either club could also receive a seventh-round selection in the
2013 NH
Rockies send Morales to Colorado Springs >>
San Diego, CA (Sportsbook Betting Lines) - The Colorado Rockies optioned pitcher
Franklin Morales to Triple-A Colorado Springs following Wednesday's 13-3 loss
to the Padres.
Morales gave up four runs on five hits in two-plus innings
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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