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03/08/2010 - St. Petersburg, FL (Sportsbook Betting Lines) - The WTA Tour and Sony Ericsson announced a two-year extension of their existing partnership on Sunday.
The deal will now keep Sony as the lead global sponsor for the tour through to the end of 2012.
"We are very pleased that Sony Ericsson will remain our partner and we look forward to continuing to deliver to fans and taking women's tennis and Sony Ericsson to new heights through our joint vision for the future of the sport," said Stacey Allaster, chairman and CEO of the Sony Ericsson WTA Tour.
Sony began partnering with the tour in 2005.
<< Durant, Thunder drop Kings
Sacramento, CA (Sportsbook Betting Lines) - Kevin Durant scored 27 points, grabbed eight
rebounds and dished out five assists, and the Oklahoma City Thunder stayed hot
with a 108-102 win over the Sacramento Kings.
Russell Westbrook added 21 points a
<< Patriot League Tournament Recaps
Easton, PA (Sportsbook Betting Lines) - Jared Mintz hit the go-ahead jumper with 35
seconds left and finished with 14 points, as Lafayette held on for a 66-63 win
over Holy Cross in the Patriot League semifinal.
Jim Mower had a team-high 17 poi
<< Twins closer Nathan to undergo tests on elbow
Fort Myers, FL (Sportsbook Betting Lines) - Minnesota Twins closer Joe Nathan traveled
back to Minnesota on Sunday to undergo an MRI and CT scan on his surgically
repaired right elbow.
Nathan felt tightness in the elbow on Saturday against Boston
<< BC Lions extend QB Printers
Vancouver, BC (Sportsbook Betting Lines) - The BC Lions announced Sunday that the team
has signed quarterback Casey Printers to a contract extension.
Terms of the deal were not disclosed.
"Casey has demonstrated that he's not only a gifted and ex
Anthony leads Nuggets past Blazers >>
Denver, CO (Sportsbook Betting Lines) - Carmelo Anthony posted 30 points to lead Denver
to a 118-106 victory over Portland in a Northwest Division battle.
J.R. Smith chipped in 22 points, and Chauncey Billups ended with 21, as the
Nuggets shot 58.
Hornets aim to stop skid vs. Warriors >>
(Sportsbook Betting Lines) - The New Orleans Hornets are in danger of recording their
longest losing streak in three years. Fortunately for the struggling club,
it'll be facing one of the NBA's poorest road teams when the Golden State
Warrior
Minus Parker, Spurs ready for clash with Cavs >>
(Sportsbook Betting Lines) - News out of San Antonio wasn't good this weekend with the
recent hand injury to Tony Parker. The Spurs hope they can get by without one
of their leaders starting with tonight's showdown against LeBron James and the
Cleveland
Hawks aim to bounce back against reeling Knicks >>
(Sportsbook Betting Lines) - The Atlanta Hawks didn't open their current road trip the
way they had planned this past weekend, but seem to have a good shot at
bouncing back Monday night against the New York Knicks at Madison Square
Garden.
Atlanta ha
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 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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