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07/29/2010 - Davie, FL (Sportsbook Betting Lines) - The Miami Dolphins and defensive lineman Jared Odrick have reportedly agreed to a five-year deal worth $13 million, including $7.133 million guaranteed.
Additionally, second-round selection linebacker Koa Misi inked a four-year contract reportedly worth $4.73 million, of which $2.8 million is guaranteed. Both figures are per The Palm Beach Post.
The Dolphins have now signed all of their draft picks.
Odrick was taken No. 28 overall out of Penn State after recording seven sacks and 43 tackles in 2009 for the Nittany Lions. Misi, who played collegiately for Utah, had 71 tackles and five sacks last season for the Utes.
<< Vikings sign second-round pick Cook, three others
Eden Prairie, MN (Sportsbook Betting Lines) - The Minnesota Vikings have signed rookie
cornerback Chris Cook.
The Vikings selected the Virginia product in the second round (34th overall)
of the 2010 draft. Cook was an All-Atlantic Coast Conf
<< Lorenzen Wright's death ruled a homicide
Memphis, TN (Sportsbook Betting Lines) - The death of Lorenzen Wright has reportedly
been termed a homicide by gunshot wound.
The Commercial Appeal cited a police statement in reporting Wright, a former
Memphis basketball star and NBA player,
<< Rangers acquire Cantu from Marlins
Arlington, TX (Sportsbook Betting Lines) - The Texas Rangers bolstered their infield,
acquiring Jorge Cantu and cash considerations from the Florida Marlins in
exchange for a pair of pitching prospects.
Cantu, 28, was in the starting lineup
<< Niemi decision expected by Saturday
CHICAGO (AP) -Blackhawks general manager Stan Bowman expects to learn on Saturday whether his salary cap-squeezed team will be able to keep restricted free agent goaltender Antti Niemi.After Bowman and Niemi's agent, Bill Zito, were unable to reach
Giants waive injured S Jones >>
East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants have waived rookie
safety Chad Jones with the intention of placing him on the reserve list.
Jones was recently released from a New York hospital after a serious car
accident
Bengals make Owens signing official >>
Georgetown, KY (Sportsbook Betting Lines) - The Cincinnati Bengals officially brought
controversial wide receiver Terrell Owens into the fold on Thursday, signing a
previously reported one-year contract.
It was reported earlier that the deal is
Bowditch, Thompson share lead in Nebraska >>
Omaha, NE (Sportsbook Betting Lines) - Steven Bowditch and Kyle Thompson fired rounds of
eight-under 63 Thursday to share the lead after one round of the Cox Classic.
Bowditch claimed his lone tour win in his homeland of Australia at the 2005
Jacob
Jets place McKnight on active non-football injury list >>
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets placed running back and
2010 draft pick Joe McKnight on the active non-football injury list Thursday
after he failed a conditioning test.
McKnight, who was taken by the Jets in the
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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