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01/26/2012 - Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox signed outfielder Cody Ross to a one-year contract on Thursday.
Ross batted .240 with 14 home runs and 52 RBI over 121 games with San Francisco last season.
An in-season acquisition in 2010, Ross earned MVP honors for the National League Championship Series as the Giants went on to win a World Series title.
The 31-year-old has played in 757 game over eight major league seasons with the Tigers, Dodgers, Reds, Marlins and Giants. He is a career .261 hitter with 100 homers and 371 RBI.
To make room for Ross on the 40-man roster, the Red Sox designated pitcher Scott Atchison for assignment.
The 35-year-old right-hander posted a 3.26 earned run average in 17 relief appearances over six stints with Boston in 2011.
<< Glenn restructures deal with Stamps
Calgary, AB (Sportsbook Betting Lines) - The Calgary Stampeders and newly-acquired
quarterback Kevin Glenn have worked out a restructured contract.
Glenn was dealt to the Stampeders on January 3 in a trade with Hamilton that
sent Henry Burris
<< Schiano leaves Rutgers for Tampa Bay
Newark, NJ (Sportsbook Betting Lines) - The Tampa Bay Buccaneers must have been serious
about finding a new coach from the college ranks.
After a strong flirtation with Oregon's Chip Kelly last weekend, the Bucs on
Thursday have reportedly settled
<< In the FCS Huddle: Keeler isn't the FCS' only FBS candidate
Philadelphia, PA (Sportsbook Betting Lines) - The ink seemingly wasn't dry on a contract
that would send Greg Schiano from Rutgers to the head coaching job with the
Tampa Bay Buccaneers and already there was potential fallout:
Delaware coach K.C. Keel
<< A's sign OF Gomes
Oakland, CA (Sportsbook Betting Lines) - The Athletics have agreed to terms on a one-
year contract with outfielder Jonny Gomes.
Gomes, 31, split last season between Cincinnati and Washington, and hit .209
with 14 homers and 43 RBI in 120 games
Coastal Carolina hires Patenaude as offensive coordinator >>
Conway, SC (Sportsbook Betting Lines) - Coastal Carolina first-year football coach Joe
Moglia announced Thursday the hiring of Dave Patenaude as offensive
coordinator and quarterbacks coach.
Patenaude was Georgetown's offensive coordinator the past tw
St. Mirren signs Goodwin to new two-year deal >>
Paisley, Scotland (Sportsbook Betting Lines) - St. Mirren signed Jim Goodwin to a new
two-year contract Thursday, locking up its captain through the summer of 2014.
Goodwin, 30, started his career with Celtic and later played at Stockport,
Scun
Lorient signs defender Gassama from Lyon >>
Lorient, France (Sportsbook Betting Lines) - Lorient signed defender Lamine Gassama from
Lyon on Thursday on a 4 1/2-year deal.
Gassama, 22, made his debut for Lyon in 2008, and played 17 matches during his
stint with the seven-time Ligue 1 champions.
Hertha signs Bastians, extends Lell's deal >>
Berlin, Germany (Sportsbook Betting Lines) - Hertha Berlin added defender Felix Bastians
from Freiburg and signed defender Christian Lell to a contract extension, with
both players inking contracts through the summer of 2016.
Bastians, 23, played for
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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