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
01/24/2012 - Oakville, ON (Sportsbook Betting Lines) - The Canadian Tour announced eight dates for the 2012 season on Tuesday.
The Canadian part of the schedule will kick off with the 30th playing of the Times Colonist Island Savings Open. That will be followed by the ATB Financial Classic and the Syncrude Boreal Open.
Those three events will all be contested in June. As the calendar turns to July, there are three more events, including the Canadian Open.
The Canadian Tour Championship will be contested at Scarboro Golf and Country Club in Toronto, which is celebrating its centennial in 2012.
"Traditionally we have released the full schedule in December, which has not given all of our events time to finalize their plans for the coming year. This year we have decided to delay the full release of the schedule until it is fully confirmed," stated Rick Janes, Canadian Tour Commissioner and CEO.
"Our recent agreement with the PGA Tour has also provided us with some new horsepower and we are confident that we can get those events in question over the hump when the full schedule is released in a month from now."
<< Former NFL player and Fresno State coach Boone dies
Fresno, CA (Sportsbook Betting Lines) - Former NFL player and Fresno State head coach
JR Boone passed away in his sleep on Sunday at his home in Selma. He was 86.
In six seasons as a running back and safety with the Bears, Packers and 49ers,
Boone
<< Dolphins' Soliai added to AFC Pro Bowl roster
Davie, FL (Sportsbook Betting Lines) - Miami Dolphins defensive tackle Paul Soliai has
replaced Baltimore Ravens defensive tackle Haloti Ngata on the AFC Pro Bowl
roster.
Soliai had 27 tackles in 16 games (12 starts) this season. He will be play
<< Rays bring back Pena
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays signed first baseman
Carlos Pena to a one-year, $7.25 million contract on Tuesday.
Pena, 33, played for the Rays from 2007-10 before joining the Chicago Cubs
last season. He bat
<< Bobcats' Augustin to miss 4 games
Charlotte, NC (Sportsbook Betting Lines) - Charlotte Bobcats guard D.J. Augustin will
miss four games due to an inflammatory condition of the sesmoid bones that lie
in the flexor tendons on his right big toe.
Augustin was seen by Charlotte orthoped
McSurdy, 17 other FCS players selected to all-star game >>
Little Rock, AR (Sportsbook Betting Lines) - All-America linebacker Caleb McSurdy is one
of three University of Montana football players selected to participated in
the Players All-Star Classic on Feb. 4.
Eighteen FCS players have been invited to the
Bulls' Deng has torn ligament in left wrist >>
Chicago, IL (Sportsbook Betting Lines) - Chicago Bulls forward Luol Deng will miss
time with a torn ligament in his left wrist.
Deng suffered the injury late in Saturday's game against the Bobcats. Team
officials confirmed the injury on Tues
Yankees bring back Martin >>
Bronx, NY (Sportsbook Betting Lines) - Hours after officially saying goodbye to Jorge
Posada, the New York Yankees announced on Tuesday that they agreed to
terms with catcher Russell Martin on a one-year contract, thereby avoiding
arbitra
Nets' Damion James has season-ending surgery >>
East Rutherford, NJ (Sportsbook Betting Lines) - New Jersey Nets forward Damion James
underwent successful right foot surgery on Tuesday. He will miss the remainder
of the season.
The procedure, which was performed by Dr. David Porter at Indiana
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