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
07/30/2010 - St. Petersburg, FL (Sportsbook Betting Lines) - The New York Yankees are reportedly set to acquire Lance Berkman from the Houston Astros.
A story from MLB.com cites a source in reporting the impending deal, adding that Berkman gave general manager Ed Wade his approval to be traded to the Yankees, among four teams. Berkman has the right to veto any trade as a 10- and-5 player, meaning that he has been in the league for 10 years, spending the last five with one team.
The New York Post reports that the deal is done, but can't be announced until Saturday because of a rule that states trades involving 10-and-5 players can't be announced until 24 hours after the player gives his approval.
Berkman was not in the starting lineup for the Astros on Friday.
For the last several seasons, Berkman has played first base for Houston, but with Mark Teixeira at the position for the Yankees, Berkman could fill the designated hitter role.
Berkman is in the final year of a six-year contract and has a salary of $14.5 million this season. His contract has a $15 million club option for 2011 with a buyout of $2 million.
The 34-year-old has spent his entire career with the Astros, and the apparent deal comes on the heels of Thursday's trade, in which Houston dealt ace Roy Oswalt to the Phillies.
Berkman is hitting .245 with a .372 on-base percentage, 13 homers and 49 RBI in 85 games this season.
Over 12 major league seasons, the five-time All-Star is a .296 hitter with a .410 OBP, 326 homers and 1,090 RBI.
<< Twins send P Blackburn to minors, place INF Punto on DL
Minneapolis, MN (Sportsbook Betting Lines) - The Minnesota Twins demoted pitcher Nick
Blackburn to Triple-A Rochester on Friday to make room for newly acquired
reliever Matt Capps.
Blackburn, who received a four-year, $14 million contract la
<< Cowboys' WR Bryant injured
San Antonio, TX (Sportsbook Betting Lines) - Dallas Cowboys rookie wide receiver Dez
Bryant suffered an apparent right ankle injury during Friday's practice.
Bryant was helped off the field after colliding with a defender toward the end
of the se
<< Hat Trick: Jets bring back Coles for third time
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets and wideout
Laveranues Coles have renewed relations.
The Jets' Twitter page on Friday revealed the signing, and while terms have
yet to be released, the New York Post repo
<< Senators re-sign D Campoli
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators have re-signed defenseman
Chris Campoli to a one-year contract, the team announced Friday.
Campoli, 25, appeared in 67 games for the Senators last season, collecting
four goals and 18
Isles acquire D Wisniewski from Ducks >>
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks traded newly signed
defenseman James Wisniewski to the New York Islanders for a conditional third-
round pick in the 2011 NHL Entry Draft.
Earlier Friday, the 26-year-old Wisniews
Cards agree to terms with Blair >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals on Friday agreed to
terms with pitcher Seth Blair.
Blair, who was the club's supplemental first round pick, 46th overall, in last
month's draft, will report to Single-A Batavia in th
Padres option Cunningham to Portland >>
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres on Friday optioned
outfielder Aaron Cunningham to Triple-A Portland.
Cunningham was batting .312 with a home run and 13 RBI in 30 games this season
for the Padres.
The outfielde
Overton shoots 62 for Greenbrier Classic lead >>
White Sulphur Springs, WV (Sportsbook Betting Lines) - Jeff Overton fired an eight-under
62 on Friday to take four-shot lead midway through The Greenbrier Classic.
Chasing his first PGA Tour win, Overton had eight birdies in a flawless round
and fini
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