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08/02/2010 - Concord, NC (Sportsbook Betting Lines) - NASCAR multi-team owner Jack Roush was upgraded to fair condition Sunday evening at the Mayo Clinic in Rochester, MN.
Roush Fenway Racing released an update on Roush's condition on Monday. The 68- year-old is recovering from facial injuries he sustained in a plane crash last week in Oshkosh, WI. There has been no timetable set for his release from the hospital.
Roush was involved in a crash while attempting to land his plane at Wittman Regional Airport. He had flown to Oshkosh for the Experimental Aircraft Association's annual AirVenture air show.
On Sunday, Roush's driver, Greg Biffle, snapped a 64-race winless streak in the Sprint Cup Series at Pocono Raceway. Biffle also gave Ford its first victory of the season.
<< BoSox place Cameron on DL
Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox placed outfielder Mike
Cameron on the 15-day disabled list Monday and recalled outfielder Daniel Nava
from Triple-A Pawtucket.
Cameron, whose move is retroactive to July 31, has been battling
<< Li, Goerges roll in Copenhagen openers
Copenhagen, Denmark (Sportsbook Betting Lines) - Second-seeded Li Na of China and recent
Bad Gastein champion Julia Goerges were a pair of first-round winners Monday
at the $220,000 e-Boks Sony Ericsson Open.
The world No. 11 Aussie Open semifin
<< Redskins' Haynesworth again unable to complete conditioning test
Ashburn, VA (Sportsbook Betting Lines) - Washington Redskins defensive tackle Albert
Haynesworth failed to complete a conditioning test on his third attempt Monday
morning.
Haynesworth has been on the sidelines for 'Skins practice since failing
<< Time to take the danger zone out of Pocono
Long Pond, PA (Sportsbook Betting Lines) - Track officials at Pocono Raceway might have
breathed a sigh of relief after Elliott Sadler walked away from one of the
most vicious accidents in NASCAR history, but it's now evident that safety
improvements mus
Castroneves penalized for post-race outburst at Edmonton >>
Indianapolis, IN (Sportsbook Betting Lines) - The IZOD IndyCar Series on Tuesday handed
driver Helio Castroneves a $60,000 fine and placed him on probation for the
remainder of the season following his post-race altercation with officials
last mo
Cardinals agree to terms with first-round pick Williams >>
Tempe, AZ (Sportsbook Betting Lines) - The Arizona Cardinals and defensive tackle Dan
Williams, the team's first-round pick in the 2010 draft, have agreed to terms
on a five-year contract. Financial terms were not disclosed.
Williams, the 26th o
Sabres sign defenseman Morrisonn >>
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Sabres have agreed to terms
with defenseman Shaone Morrisonn on a two-year contract.
No terms of the deal were announced.
The 27-year-old Morrisonn scored one goal and added 12 assists in
Vanderbilt's Caldwell has interim tag removed >>
Nashville, TN (Sportsbook Betting Lines) - Vanderbilt has reportedly removed the interim
tag from head football coach Robbie Caldwell's title.
The Tennessean said that Vanderbilt Vice Chancellor David Williams II
announced the move Monday a
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.
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