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07/21/2010 -
OAKLAND, Calif. (AP) -The Golden State Warriors have signed undrafted free agent guard Jeremy Lin.
The team announced the deal with the former Harvard star and Bay Area native on Wednesday.
The 21-year-old Lin averaged 16.4 points, 4.5 assists and 4.4 rebounds per game as a senior at Harvard. The season was highlighted by a 30-point, nine-rebound performance against Connecticut.
Lin is from nearby Palo Alto. He led Palo Alto High School to a state championship in 2006.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
<< Nolan Ryan lobbies for auction of Texas Rangers
FORT WORTH, Texas (AP) -Nolan Ryan is urging a bankruptcy judge to auction off the Texas Rangers on Aug. 4 as planned, saying a delay could hurt the team and maybe even cost them slugger Josh Hamilton.The Hall of Fame pitcher testified Wednesday in
<< NL Central: All eyes now on Oswalt
(Sportsbook Betting Lines) - With a 38-56 record and a 14-game deficit to make up in the
National League Central standings, it's safe to say the Houston Astros aren't
going anywhere this season. But will Roy Oswalt?
With the Seattle Mariners having sh
<< Sabres sign Kaleta, avoid arbitration
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Sabres have agreed to terms
with winger Patrick Kaleta on a two-year contract.
Kaleta had been scheduled for an arbitration hearing later this month.
The 24-year-old scored a career-high
<< Blues re-sign Perron
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Blues have re-signed
forward David Perron to a two-year contract.
The 22-year-old netted a career-high 20 goals last season and added 27 assists
while playing in all 82 games.
Duri
Reds option Owings, recall Fisher >>
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Reds optioned Micah Owings to
Triple-A Louisville on Wednesday and recalled pitcher Carlos Fisher from the
same club.
Owings, in his second season with the Reds, is 3-2 with a 5.40 earn
Tigers bring up Sizemore >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Tigers recalled infielder Scott
Sizemore from Triple-A Toledo and optioned pitcher Casey Fien to the Mud Hens.
Sizemore was batting .329 with six homers, 13 doubles and 19 RBI in 41 games
with
Rachel to face six in Lady's Secret >>
Oceanport, NJ (Sportsbook Betting Lines) - Rachel Alexandra, 2009 Horse of the Year,
will take on six challengers in Saturday's $400,000 Lady's Secret Stakes at
Monmouth Park. The 1 1/8-mile race will be the champion filly's second career
start a
Blazers officially sign G Matthews >>
Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers have
officially signed restricted free-agent guard Wesley Matthews.
As per club policy, no terms of the deal were announced. However, a report in
the Oregonian last
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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