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04/26/2010 - Omaha, NE (Sportsbook Betting Lines) - Creighton University hired Greg McDermott as its new men's head basketball coach on Monday.
McDermott, who will be officially introduced at a Tuesday morning press conference, takes over for Dana Altman, who was named men's hoops coach at Oregon earlier Monday.
The 45-year-old spent four seasons as head coach of the Cyclones, going 15-17 a year ago with a 4-12 record in the Big 12, and was 59-68 overall since arriving in Ames in 2006.
McDermott will be returning to the Missouri Valley Conference, as he had been at the helm of Northern Iowa's program from 2001 until 2006. While there, he piloted the Panthers to a 90-63 record which included a 49-41 mark in the MVC along with three NCAA Tournament berths.
Since breaking into the coaching ranks in 1994-95, McDermott has compiled a 280-195 record at Wayne State (1994-00), North Dakota State (2000-01), Northern Iowa and Iowa State.
<< No one injured in Hawks' bus accident
Milwaukee, WI (Sportsbook Betting Lines) - The Atlanta Hawks' team bus was involved in
an accident Monday, but no one was injured.
According to a story on the team's website, the bus was hit by a white
Cadillac while leaving the Bradley C
<< Oregon makes Creighton's Altman next basketball coach
Eugene, OR (Sportsbook Betting Lines) - The University of Oregon has made Creighton's
Dana Altman its next head basketball coach.
The 51-year-old Altman has compiled a 327-176 record in 16 seasons for the
Bluejays. They went 18-16 last seas
<< Berdych, Ljubicic advance; Ferrero exits Rome
Rome, Italy (Sportsbook Betting Lines) - Tenth-seeded Tomas Berdych and 11th-seeded
Ivan Ljubicic were a pair of first-round winners, while former world No. 1
Juan Carlos Ferrero came up a loser Monday at the $2.97 million Italian
Masters
<< De La Rosa has MRI done on left middle finger
DENVER (AP) -Colorado Rockies starter Jorge De La Rosa had an MRI done on his left middle finger Monday, a day after suffering a bone bruise on his pitching hand.Manager Jim Tracy said the team wanted to determine if the injury was more serious than
Rangers' McCarthy on minor league DL >>
ARLINGTON, Texas (AP) -Oft-injured Texas Rangers pitcher Brandon McCarthy is hurting again.McCarthy, at Triple-A Oklahoma City after not making the Rangers' rotation out of spring training, has been put on the seven-day disabled list in the minor le
Bryant rests up, predicts better effort by Lakers >>
EL SEGUNDO, Calif. (AP) -Two days of pure rest agreed with Kobe Bryant, who watched intently while the Los Angeles Lakers finished up practice in the midst of a playoff series that's a whole lot less relaxing than the defending champions hoped.It's
Bucks say former player Restani dies at 58 >>
MILWAUKEE (AP) -Former Bucks power forward Kevin Restani died in San Francisco after returning from Milwaukee where he had attended Game 3 between the Bucks and Atlanta Hawks on Saturday night. He was 58.The Bucks didn't say how Restani died on Sund
Cavs' Jamison relishing title shot >>
INDEPENDENCE, Ohio (AP) -While breaking down game tape during a serious film session, the Cleveland Cavaliers sometimes will break into laughter.Seeing Antawn Jamison toss in one of his unorthodox shots can be pretty funny.``I hear the giggles,'' Ja
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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