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07/14/2010 - Atlanta, GA (Sportsbook Betting Lines) - The Phoenix Suns have acquired guard Josh Childress from the Atlanta Hawks in a sign-and-trade deal for a future second- round draft pick.
In addition to the draft pick, Atlanta will get a trade exception to use within the next year.
"Once we decided not to match Phoenix's offer, it made sense for us to work with the Suns in a sign-and-trade transaction," said Atlanta general manager Rick Sund. "The move allows us to add a second-round pick to our draft arsenal. In addition, we add a trade exception."
Childress played with Olympiacos Greece over the past two seasons after spending four seasons with the Hawks from 2004-08. He was made the sixth overall pick in 2004 by Atlanta, and over 285 NBA games, averaged 11.1 points and 5.6 rebounds.
<< AP source: Timberwolves agree to deal with Ridnour
MINNEAPOLIS (AP) -A person with knowledge of the negotiations tells The Associated Press that the Minnesota Timberwolves have agreed to a four-year, $16 million deal with free agent point guard Luke Ridnour.The person spoke Wednesday on condition of
<< Former 76ers executive Billy King to replace Thorn
EAST RUTHERFORD, N.J. (AP) -Billy King is the New Jersey Nets' new general manager.King was hired Wednesday to replace Rod Thorn as the team's top executive, new owner Mikhail Prokhorov announced in a release.Thorn is stepping aside as president and
<< Grizzlies sign Tony Allen
Memphis, TN (Sportsbook Betting Lines) - The Memphis Grizzlies have announced the
signing of guard Tony Allen to a multi-year contract.
Terms of the deal were not disclosed, per team policy. It was earlier reported
the contract would start at c
<< Cavs ink Kyle Lowry to offer sheet
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have made their first
move of the post-LeBron James era, signing restricted free-agent guard Kyle
Lowry to an offer sheet.
Terms of the contract were not disclosed, but the Cle
Braves get Gonzalez from Jays in five-player deal >>
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Braves acquired shortstop Alex
Gonzalez from the Toronto Blue Jays on Wednesday in a five-player trade.
The Braves sent shortstop Yunel Escobar and pitcher Jo-Jo Reyes to Toronto and
also acqu
Nets name Billy King general manager >>
East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets have named Billy
King as their next general manager.
King takes the reins from Rod Thorn, who is stepping down as team president
and general manager after 10 years on the job
Johnson resigns as Vandy football coach >>
Nashville, TN (Sportsbook Betting Lines) - Vanderbilt's athletic department has called a
press conference for 2 p.m. (et) at which time head football coach Bobby
Johnson is expected to announce his resignation.
The Tennessean first reported the decisi
Del 'Cap features six top females >>
Stanton, DE (Sportsbook Betting Lines) - Saturday's $750,000 Delaware Handicap has
attracted six of the leading female thoroughbreds in the nation. The winner of
the 1 1/4-mile race gains automatic entry into this year's Breeders' Cup
Ladies'
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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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