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08/30/2010 - New York, NY (Sportsbook Betting Lines) - The New York Rangers agreed to terms with free-agent forward Tim Kennedy on Monday.
Terms of the deal were not disclosed, but multiple outlets revealed it is for one year.
The Buffalo Sabres waived and bought out Kennedy's contract after he was awarded a $1 million, one-year deal from an arbitrator earlier in the off- season. The buyout was worth $333,333 over the next two years, and Kennedy became an unrestricted free agent, free to sign with any club.
The Collective Bargaining Agreement states that a team cannot walk away from any free-agent contract given through an arbitrator's decision that is lower than $1,611,180 per year, but Kennedy's salary afforded Buffalo the right to waive him and buy him out.
In his first full league campaign, the 24-year-old Buffalo native compiled 10 goals and 26 points with 50 penalty minutes in 78 games.
<< McMurray feeling little pressure on making the Chase
Charlotte, NC (Sportsbook Betting Lines) - With two races to go before the "Chase for
the Sprint Cup" begins at New Hampshire, Daytona 500 champion and Brickyard
400 winner Jamie McMurray says he won't be disappointed if he doesn't qualify
for the playof
<< Rockies' Gonzalez takes home NL weekly award
New York, NY (Sportsbook Betting Lines) - Colorado Rockies outfielder Carlos Gonzalez
was named the National League Player of the Week for the period ending August
29.
In six games last week, Gonzalez hit 12-of-22 (.545) with four home runs and
<< This Week in Golf - September 2nd through September 5th
Philadelphia, PA (Sportsbook Betting Lines) - DEUTSCHE BANK CHAMPIONSHIP, TPC Boston,
Norton, Massachusetts - Remember everyone, the second leg of the PGA Tour
Playoffs starts on Friday to accommodate the American Labor Day holiday.
The new FedEx Cup
<< Callahan in as William & Mary quarterback
Williamsburg, VA (Sportsbook Betting Lines) - William & Mary football coach Jimmye
Laycock has named fifth-year senior Mike Callahan as the fourth-ranked Tribe's
starting quarterback for Saturday's season opener at Massachusetts.
Callahan earned t
Rachel Alexandra in good shape after Personal Ensign loss >>
Saratoga Springs, NY (Sportsbook Betting Lines) - Defending Horse of the Year Rachel
Alexandra came out of Sunday's upset loss in the Personal Ensign Stakes in
good condition and will return to training on Wednesday.
Trainer Steve Asmussen sa
Rangers activate OF Cruz from DL >>
Kansas City, MO (Sportsbook Betting Lines) - The Texas Rangers activated outfielder
Nelson Cruz from the 15-day disabled list among several roster moves on
Monday.
The 30-year-old has landed on the DL three times this season -- all w
USA squeezes by Brazil to stay undefeated at Worlds >>
Istanbul, Turkey (Sportsbook Betting Lines) - Kevin Durant recorded 27 points and 10
rebounds, as the United States held off Brazil, 70-68, to remain undefeated at
the 2010 FIBA World Championship.
It was the first test at this tournament f
McGregor's family issues statement >>
San Francisco, CA (Sportsbook Betting Lines) - The family of late Colorado Rockies
president Keli McGregor issued a statement Monday, saying he died of a rare
virus that infected the heart muscle.
McGregor was found dead in a Salt Lake City
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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