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<< Wakefield retiring after 19 big league seasons
Fort Myers, FL (Sportsbook Betting Lines) - Tim Wakefield is retiring from the game of baseball. The 45-year-old knuckleballer will make his announcement during a Friday press conference at JetBlue Park, the spring training home of the Red Sox in

<< Grey Cup rematch helps kick off historic CFL season
Toronto, ON (Sportsbook Betting Lines) - The Canadian Football League will celebrate in 2012 the 100th Grey Cup championship, and the season will open on June 29 with a pair of games, including a rematch of the 2011 Grey Cup between Winnipeg and British

<< Duquesne opens at ODU, play five at home
Pittsburgh, PA (Sportsbook Betting Lines) - Duquesne football will try to build off a Northeast Conference co-championship last season in its 11-game 2012 schedule announced on Friday. The Dukes will play five home games, including a Nov. 10 match-up

<< Valencia sidelined for a month
Manchester, England (Sportsbook Betting Lines) - Manchester United was dealt a major blow after its Europa League win over Ajax on Thursday as it was revealed that in-form winger Antonio Valencia will sit out for a month with a hamstring injury.

Rangers tries to bounce back from tough week >>
Glasgow, Scotland (Sportsbook Betting Lines) - Rangers hopes of defending its Scottish Premier League title were dealt a massive blow this past week as the club entered administration amid growing financial woes. Ally McCoist's team ended las

The Sixth Man: James can't go home again >>
Philadelphia, PA (Sportsbook Betting Lines) - When LeBron James "took his talents to South Beach," he didn't burn his bridge out of Cleveland, he napalmed it. So, any time the world's best basketball player is scheduled to return to the Forest City, i

Hiddink appointed as Anzhi boss >>
Makhachkala, Russia (Sportsbook Betting Lines) - Russian club Anzhi Makhachkala continued its free-spending ways by landing former national team manager Guus Hiddink as head coach on Friday. Hiddink, 65, brings a wealth of experience to the

Farrington named VMI's defensive coordinator >>
Lexington, VA (Sportsbook Betting Lines) - VMI named Jeff Farrington as the new defensive coordinator of its football program on Friday. Farrington became Mercer University's defensive coordinator last July as it builds a program that will debut in 20

What Is the Point Spread?

What are Sports Betting Point Spreads?

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.

How to Read Point Spreads

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:

• Philly wins the actual game by any amount of points
  OR
  
• Philly loses the game by less than 7 points.

• 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.

  For Those Who Like to Consider Things Mathematically

  Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:

• Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
  OR
  
• Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

  Who Really “Won” the Super Bowl odds ?

  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.

MySportsbook.com Posts Heisman Trophy Odds

With 3,919 passing yards, 32 touchdowns and a mere seven interceptions last season, combined with a powerful South Bend Heisman legacy, odds makers at MySportsbook.com have given Notre Dame senior quarterback Brady Quinn the best Heisman Trophy odds at 5-2.

Quinn isn’t the only big man on campus this season.  Oklahoma junior running back and 2004 Heisman runner-up Adrian Peterson, listed at 7-2, rushed for a combined 3,033 yards in his first two years as a college player and will give Quinn a run for his money. 

This online sportsbook has also listed Troy Smith, Ohio State senior quarterback, as another strong favorite to win the 72nd Heisman Trophy.  A 7-1 bet, Smith threw for 2,282 yards last season and also led the Buckeyes to a convincing 34-20 victory over Quinn and the Fighting Irish in last season’s Fiesta Bowl.

Current betting odds Heisman trophy are:

For complete NCAA Football odds visit MySportsbook.com.

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