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05/03/2010 - Piscataway, NJ (Sportsbook Betting Lines) - Robert Morris head basketball coach Mike Rice will apparently be named the new coach at Rutgers, according to multiple media sources.
The reports mentioned that Rice will officially be named the new Scarlet Knights coach later in the week. The deal will reportedly be a long-term one, upwards of six years.
Rice led the Colonials to a Northeast Conference title and a NCAA Tournament appearance in 2009. The Colonials nearly upset Villanova in the first round. He tallied a record of 73-31 in three seasons at Robert Morris.
Fred Hill, the former Rutgers head coach, resigned in April stemming from an incident where he yelled obscenities at Pittsburgh coaches during a home baseball game. The school later reached a financial settlement with the former coach.
Hill finished 47-77 in his six seasons with the Scarlet Knights and a dismal 13-57 mark in Big East Conference play.
<< Former MLB player Dave Roberts has lymphoma
San Diego, CA (Sportsbook Betting Lines) - Former major league player and current
Padres assistant Dave Roberts is currently undergoing treatment for Hodgkin's
lymphoma, which was diagnosed in March.
Roberts revealed the diagnosis and detai
<< Reds' Dickerson to miss 4-to-6 weeks after undergoing surgeries
Cincinnati, OH (Sportsbook Betting Lines) - Cincinnati Reds outfielder Chris Dickerson
will be out of action 4-to-6 weeks after undergoing multiple surgeries on
Monday.
The 28-year-old had the broken hook from the hamate bone in his right h
<< Report: Bulls set to fire Del Negro
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls are reportedly ready to fire
head coach Vinny Del Negro, calling a press conference for Tuesday to make the
announcement.
According to the Chicago Tribune, Del Negro will be fired with one s
<< LSU's Hebert suspended from football team after arrest
Baton Rouge, LA (Sportsbook Betting Lines) - LSU center T-Bob Hebert has been suspended
from the football team following his arrest Friday night, head coach Les Miles
announced Monday.
The school did not specify why Hebert was arrested, but The Time
Del Negro out as Bulls coach >>
CHICAGO (AP) -The Chicago Bulls fired coach Vinny Del Negro on Monday in a long-anticipated move that comes after a late-season altercation with executive vice president of basketball operations John Paxson and another first-round playoff exit.Gener
Bettman: Reinsdorf owning Coyotes would be great >>
CHICAGO (AP) -NHL commissioner Gary Bettman says a deal to sell the Phoenix Coyotes to a group headed by Jerry Reinsdorf would be beneficial to all parties.``It will be great for this league and that franchise if Jerry is able, with his partners, to
Suns C Lopez out for Game 1 of West semifinals >>
PHOENIX (AP) -Phoenix center Robin Lopez declared himself out for Game 1 of the Western Conference semifinals against San Antonio on Monday but says he still thinks he will be ready to play at some point in the series.Lopez said at the team's shoota
Posada leaves with calf tightness >>
Bronx, NY (Sportsbook Betting Lines) - New York Yankees catcher Jorge Posada left
Monday's game against Baltimore after five innings because of right calf
tightness.
Posada is set to undergo an MRI and will be examined at New York Presby
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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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