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08/25/2010 - Jacksonville, FL (Sportsbook Betting Lines) - The Jacksonville Jaguars signed running back Kolby Smith, the club announced on Wednesday.
Smith, 25, joins the Jaguars following a brief stint with Denver. The 5- foot-11, 219-pounder was signed by the Broncos in June after spending the first three years of his career with Kansas City. He was then waived on August 4.
Last season, the Louisville product was limited to only four games because of injuries.
He has rushed for 540 yards and three touchdowns on 162 carries in 27 career games.
The Jaguars waived linebacker Kris Griffin to make room on the roster for Smith.
<< NL West: Padres running away with division
(Sportsbook Betting Lines) - Only a monumental collapse or some gypsy curse over the
next few weeks can derail the San Diego Padres in their quest for a third
division title since 2005.
The Padres won the NL West five years ago and share
<< CFL Previews - August 27-28 - Week Nine
Philadelphia, PA (Sportsbook Betting Lines) -
CALGARY STAMPEDERS (6-1) at BRITISH COLUMBIA LIONS (1-6)
DATE & TIME: Friday, August 27, 10:30 p.m. (et).
GAME NOTES: A couple of teams heading in opposite directions in the CFL's
Western Division
<< Kroenke becomes majority owner of Rams
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Rams announced on Wednesday
that E. Stanley Kroenke has become the majority owner of the club.
The decision was made via a vote by the rest of the league's owners at a
meeting in Atlanta.
"St
<< FIBA World Basketball Championship Preview - Group D
Toronto, Canada (Sportsbook Betting Lines) -
Country: Canada
FIBA Ranking: 19
Head Coach: Leo Rautins
Key Players: Joel Anthony, Andy Rautins
Overview: It's been sometime since Canada has made an impact on the world
stage and since the de
Vikings acquire WR Camarillo from Dolphins >>
Minneapolis, MN (Sportsbook Betting Lines) - The Minnesota Vikings have reportedly
acquired wide receiver Greg Camarillo from the Miami Dolphins.
The Minneapolis Star Tribune reports that the Dolphins got cornerback Benny
Sapp in return.
M
Carlos Eduardo leaves Hoffenheim for Rubin Kazan >>
Sinsheim, Germany (Sportsbook Betting Lines) - Hoffenheim midfielder Carlos Eduardo
completed a move to Russian champions Rubin Kazan on Wednesday.
The 23-year-old Brazilian has spent the past three seasons with Hoffenheim,
scoring 13 goals i
For golf, it's the Summer of Rules >>
(Sportsbook Betting Lines) - I know the feeling.
You wake up in the morning and realize one of three things has happened: 1)
You have forgotten to set your alarm; 2) You have set your alarm, but woke up
and turned it off; or 3) You set your alarm, whi
CFL West: Stamps and Riders to battle for first >>
Toronto, Canada (Sportsbook Betting Lines) - The West Division returns to play this week
after a bye, with the two basement dwellers set to host the top teams. The
Edmonton Eskimos and BC Lions have a lot of work cut out for them to get back
into the swi
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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