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
09/02/2010 - Montreal, QC (Sportsbook Betting Lines) - The Montreal Canadiens signed goaltender Carey Price to a two-year contract on Thursday. Per team policy, financial terms of the deal were not disclosed.
The 23-year-old veteran of three seasons appeared in 41 games for the Habs in 2009-10 and posted a 13-20-5 record with a 2.77 goals against average and .912 save percentage.
"We are extremely happy that Carey has agreed to pursue his career with the Canadiens," said Montreal general manager Pierre Gauthier. "Carey is a key member of our club. He has proven that he has what it takes to be a good goaltender in the league, and we are confident he will perform to the best of his abilities for years to come in a Canadiens uniform."
The fifth overall pick in the 2005 draft by Montreal, Price has appeared in 134 career games and is 60-48-18 with four shutouts and a 2.73 GAA.
<< Penn St prez welcomes Nebraska crossover game
STATE COLLEGE, Pa. (AP) -Penn State president Graham Spanier likes the revised Big Ten football schedules that include a regular high-profile game with Nebraska.The conference announced Wednesday new divisional alignments and schedules for football
<< Sabathia domiantes as Yanks sweep A's
Bronx, NY (Sportsbook Betting Lines) - CC Sabathia became baseball's first 19-game
winner with a one-hitter over eight innings as the Yankees completed a four-
game sweep of Oakland with a 5-0 win.
Sabathia (19-5) now has a streak of 21 unbe
<< Wozniacki rolls into third round in Flushing
Flushing Meadows, NY (Sportsbook Betting Lines) - Top-seeded Caroline Wozniacki was an
easy second-round winner Thursday at the 2010 U.S. Open.
The 2009 runner-up Wozniacki double-bageled Taipei's Kai-Chen Chang 6-0, 6-0
in a mere 47 minutes at Ashe
<< Fish stays hot at U.S. Open
Flushing Meadows, NY (Sportsbook Betting Lines) - Surging American Mardy Fish was an
easy second-round winner Thursday at the 2010 U.S. Open.
The 19th-seeded Fish recorded his 18th win in 20 matches with a comprehensive
7-5, 6-0, 6-2 two-hour victory
Neely headlines Lester Patrick recipients >>
New York, NY (Sportsbook Betting Lines) - Former Boston Bruin great Cam Neely was among
four recipients of the 2010 Lester Patrick Trophy named Thursday.
Also presented with the award were college coaches Jack Parker and Jerry York
and American Hoc
Federer rolls into third round at the Open >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Five-time champion Roger Federer was
an easy second-round winner Thursday at the U.S. Open.
The second-seeded former top-ranked Federer cruised past German Andreas Beck
6-3, 6-4, 6-3 at Ashe Stadium.
Atlanta's Hudson voted NL Pitcher of the Month >>
New York, NY (Sportsbook Betting Lines) - Atlanta Braves pitcher Tim Hudson has been
named the National League Pitcher of the Month for August.
Over six starts in August, Hudson posted a 4-0 mark with a 1.71 earned run
average. He struck out 3
Orioles' Matusz named top AL rookie for August >>
New York, NY (Sportsbook Betting Lines) - Baltimore Orioles pitcher Brian Matusz has
been selected as the American League's top rookie for the month of August.
Matusz went 4-1 with a 2.43 earned-run average over six starts in August. He
led AL r
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