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01/31/2012 - Houston, TX (Sportsbook Betting Lines) - The Houston Astros signed veteran pitcher Livan Hernandez to a minor league contract with an invitation to spring training Tuesday.
The 36-year-old spent the last season with the Washington Nationals, recording an 8-13 record with a 4.47 ERA in 29 starts.
In 475 appearances -- 474 starts -- with the Marlins, Giants, Expos/Nationals, Diamondbacks, Twins, Rockies and Mets, Hernandez has a career 174-176 record and 4.39 earned run average with 50 complete games and nine shutouts.
The 16-year veteran has not recorded a winning season since 2008, when he finished with a 13-11 mark after splitting the year between Minnesota and Colorado.
<< Benfica signs forward Djalo
Lisbon, Portugal (Sportsbook Betting Lines) - Benfica signed forward Yannick Djalo on a
4 1/2-year deal Tuesday.
Djalo, 25, had been out of contract since the summer, but joins the Portuguese
leaders for the second half of the season. He played for S
<< FC Porto acquires Lucho, Janko
Porto, Portugal (Sportsbook Betting Lines) - FC Porto acquired Lucho Gonzalez and Marc
Janko on Tuesday, as the Portuguese giants added a pair of reinforcements just
days after its first loss of the season.
Lucho, 31, previously spent four seasons a
<< Manning's 1st QB coach hired as Colts OC
Indianapolis, IN (Sportsbook Betting Lines) - The Indianapolis Colts have continued the
rebuilding of their coaching staff by bringing back Peyton Manning's first NFL
quarterbacks coach.
Bruce Arians, who coached the Colts' quarterbacks from 1998-200
<< Timbers acquire midfielder Renken
Portland, OR (Sportsbook Betting Lines) - The Portland Timbers acquired midfielder and
U.S. youth international Charles Renken off MLS waivers Tuesday.
Renken, 18, has been a member of U.S. youth national teams since 2005 and most
recently participa
Blackburn signs defender Orr from QPR >>
Blackburn, England (Sportsbook Betting Lines) - Blackburn beat the deadline Tuesday to
make its third January addition, as Bradley Orr was acquired from QPR on a 2
1/2-year deal.
Blackburn previously signed Anthony Modeste and Marcus Olsson, and O
West Brom adds Andrews from Blackburn >>
West Bromwich, England (Sportsbook Betting Lines) - West Bromwich acquired midfielder
Keith Andrews from Blackburn on Tuesday on a free transfer and signed him to
a deal through the end of the current season.
Andrews, 31, made 76 appearances an
Sunderland snaps up Kyrgiakos from Wolfsburg >>
Sunderland, England (Sportsbook Betting Lines) - Sunderland signed defender Sotirios
Kyrgiakos from Wolfsburg on Tuesday on loan for the rest of the season.
Kyrgiakos, 32, previously played with Liverpool and made 30 appearances in the
Premier Lea
Crosby has soft tissue damage in neck >>
Pittsburgh, PA (Sportsbook Betting Lines) - Pittsburgh Penguins captain Sidney Crosby
has a soft tissue injury in his neck, but an independent specialist found no
evidence of a past or present neck fracture, the team said Tuesday.
The news came
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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.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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