2010 World Basketball Championship update - August 31st
Basketball Betting Lines
08/31/2010 - (Sportsbook Betting Lines) -
Halftime - Group C: Russia 34, Ivory Coast 30 (Ankara)
Halftime - Group D; New Zealand 51, Lebanon 32 (Izmir)
Group C: Puerto Rico vs. China, 11:30 a.m. (Ankara)
Group D: France vs. Canada, 11:30 a.m. (Izmir)
Group C; Greece vs. Turkey, 2 p.m. (Ankara)
Group D: Spain vs. Lithuania, 2 p.m. (Izmir)
TUSCALOOSA, Ala. (AP) -Nick Saban didn't so much as raise his voice. The trademark scowl never made even a cameo appearance.Sure seems as if No. 1 Alabama's top ranking and elephant-sized expectations are becoming the status quo around here, judging
<< ECU's McNeill embraces challenge of 1st game week
GREENVILLE, N.C. (AP) -The smoke will billow near East Carolina's locker room, the pyrotechnics will sparkle and they'll blast Jimi Hendrix's ``Purple Haze'' over the speakers.Then, for the first time, Ruffin McNeill will lead the Pirates onto the f
<< Nine carries in preseason plenty for Jackson
ST. LOUIS (AP) - St. Louis Rams running back Steven Jackson says nine carries in the preseason is enough to get ready for the season.The Pro Bowler said he didn't want to play Thursday night against the Baltimore Ravens. Then came the long, rumbling
<< Foster emerges as top back for Texans
HOUSTON (AP) - Houston running back Arian Foster wants to get one of his offensive linemen into the Pro Bowl. He certainly wouldn't turn down an invitation for himself.Foster has emerged as Houston's top running back at training camp. That's a hopef
<< Seattle still searching for running game solution
RENTON, Wash. (AP) - One week left in the preseason and Pete Carroll still doesn't have an answer for Seattle's stumbling run game.Carroll doesn't need one back to emerge from his group of three competing for playing time. He just wants to see somet
(Sportsbook Betting Lines) - The Colorado Rockies are up to their old tricks again. Known for late-season surges, the Rockies appear to be headed in that direction and will try to stay hot Tuesday in the second installment of a three-game series again
Carpenter hopes to pitch slumping Cards past Astros >>
(Sportsbook Betting Lines) - Even with stud right-hander Chris Carpenter on the mound
tonight, the St. Louis Cardinals will not be guaranteed a win over the Houston
Astros in the second portion of a three-game series between NL Central
inhabitants at Min
Chiefs release Long >>
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs have released wide
receiver Lance Long.
Long appeared in seven games, starting one, for the Chiefs last season. He
caught 20 passes for 178 yards.
Steelers waive Frazier, release four others >>
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Steelers have waived
linebacker Andre Frazier, who was part of the club's past two Super Bowl
teams.
Frazier re-signed with Pittsburgh in March, but reported to camp with a knee
injury. He wa
Giants place Sorgi, Moss on IR >>
East Rutherford, NY (Sportsbook Betting Lines) - The New York Giants have placed
quarterback Jim Sorgi and wide receiver Sinorice Moss on injured reserve.
Sorgi, who was signed in March to back up Eli Manning, suffered a shoulder
injury in the preseas
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What Is the Point Spread?
What are Sports Betting Point Spreads?
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.
How to Read Point Spreads
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:
- Philly wins the actual game by any amount of points
OR
- Philly loses the game by less than 7 points.
-
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.
For Those Who Like to Consider Things Mathematically
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
- Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
OR
- Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
Who Really “Won” the Super Bowl odds ?
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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