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04/27/2010 - Brooklyn Heights, NY (Sportsbook Betting Lines) - St. Francis College has announced the hiring of Glenn Braica as men's head basketball coach.
Braica, who has spent the last six seasons as an assistant at St. John's under Norm Roberts, previously spent 15 years as an assistant at St. Francis and from 2000-04 as associate head coach under Ron Ganulin.
"This is a great day for St. Francis College basketball," said director of athletics Irma Garcia. "Glenn was a solid coach for us when he was here the first time. With Glenn calling the offense, the Terriers were in the top four in the conference almost every year. He knew how to win then, and now with six years in the Big East under his belt, he's coming back with incredible experience that will give our program a huge lift toward the upper echelon of the Northeast Conference."
Braica takes over for Brian Nash, who resigned earlier this month citing personal reasons after five years at the helm. The Terriers finished 11-18 last season and did not qualify for the Northeast Conference Tournament.
In the last seven years of Braica's previous tenure at St. Francis, the Terriers posted a 118-83 record, including an 88-42 mark in the NEC and captured two regular season titles.
<< Wizards' sale to Leonsis nears completion
Arlington, VA (Sportsbook Betting Lines) - The family of late Washington Wizards owner
Abe Pollin has agreed to economic terms to sell its share of the team to Ted
Leonsis, the owner of the NHL's Washington Capitals and WNBA's Washington
Mystics
<< Driesell named men's hoops coach at The Citadel
Charleston, SC (Sportsbook Betting Lines) - The Citadel has named Maryland assistant
Chuck Driesell as its next men's head basketball coach.
Driesell recently completed his fourth season on Gary Williams' staff at
Maryland and becomes the 2
<< Hall of Fame Brewers broadcaster Uecker to have heart surgery
Milwaukee, WI (Sportsbook Betting Lines) - Legendary broadcaster Bob Uecker announced
at a press conference Tuesday he will undergo heart surgery later this week
and be away from the Brewers broadcast booth for the next 10-12 weeks.
"I feel goo
<< Cards activate C LaRue from DL
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals have activated
catcher Jason LaRue from the 15-day disabled list and optioned catcher Bryan
Anderson to Triple-A Memphis.
LaRue has been sidelined with a strained right
Flyers' Laperriere most likely lost for remainder of playoffs >>
Philadelphia, PA (Sportsbook Betting Lines) - Philadelphia Flyers forward Ian
Laperriere will most likely be lost for the remainder of the playoffs.
Flyers general manager Paul Holmgren announced on Tuesday that Laperriere, who
was spared
Red Sox recall Castro, option Atchison >>
Toronto, ON (Sportsbook Betting Lines) - The Boston Red Sox recalled pitcher Fabio
Castro from Triple-A Pawtucket and optioned pitcher Scott Atchison to
Pawtucket.
The 25-year-old Castro is expected to be in uniform for Tuesday's game a
Rockies' De La Rosa and Hammel to DL >>
Denver, CO (Sportsbook Betting Lines) - The Colorado Rockies have placed starting
pitchers Jorge De La Rosa and Jason Hammel on the 15-day disabled list.
The left-hand throwing De La Rosa is expected to miss his next couple of
starts due
Philadelphia's Lindsey named WPS Player of Week >>
West Chester, PA (Sportsbook Betting Lines) - Philadelphia Independence midfielder Lori
Lindsey was selected Women's Professional Soccer Player of the Week on Tuesday
for Week 3.
Lindsey set up all three goals as the expansion team claimed its first
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
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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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