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07/19/2010 - Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes have signed center Riley Nash to a three-year, entry-level contract.
The deal will pay Nash $550,000 in 2010-11, $600,000 in 2011-12 and $700,000 in 2012-13 at the NHL level.
He will be paid $65,000 at the American Hockey League level in all three seasons and will also receive a $262,500 signing bonus.
The 21-year-old Nash scored 12 goals and added 23 assists in 30 games as a junior at Cornell last season. In his three seasons with the Big Red, the Consort, Alberta native recorded 37 goals and 65 helpers in 102 games.
"Riley has excellent playmaking ability from the center position, and was a consistent point-producer at Cornell," said assistant general manager Jason Karmanos. "He'll have an opportunity during training camp to earn a spot on our NHL roster."
He was originally selected 21st overall by Edmonton in the 2007 NHL Entry Draft and was acquired last month by the Hurricanes in exchange for the 46th overall pick in the 2010 NHL Entry Draft.
<< Celtics re-sign Nate Robinson
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have re-signed guard Nate
Robinson.
Terms of the deal were not released, but the Boston Herald reported last week
that the diminutive guard agreed to a two-year, $8 million pact.
Bosto
<< Padres extend manager Black's contract
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres announced Monday that
they have extended manager Bud Black's contract through the 2013 season with
club options for the 2014 and 2015 campaigns.
"I am really happy to announce that
<< Liverpool wins race to sign Joe Cole
Liverpool, England (Sportsbook Betting Lines) - Former Chelsea midfielder Joe Cole has
agreed to sign a four-year contract with Liverpool, the club announced on
Monday.
The 28-year-old Cole left the Blues last month after he was not offered a
<< Kovalchuk heading back to New Jersey
Newark, NJ (Sportsbook Betting Lines) - Ilya Kovalchuk is heading back to New Jersey and
will re-sign with the Devils.
According to the team's website, the Devils will hold a Tuesday afternoon
press conference at the Prudential Center to make it
Zenyatta continues in first, Life At Ten enters NTRA Poll >>
New York, NY (Sportsbook Betting Lines) - As the 2010 thoroughbred racing season enters
the heart of the summer programs, Zenyatta remains the leader in the NTRA
National Poll for week 20. The top 10 features one new addition with five-
year-ol
Cho named new Blazers general manager >>
Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers have named Rich Cho
as the team's new general manager.
No financial terms of the deal were announced.
Cho had spent the past nine seasons as assistant GM of the Seattle
Arena fills out MLS All-Star roster >>
New York, NY (Sportsbook Betting Lines) - MLS commissioner Don Garber and MLS All-Star
Team head coach Bruce Arena of the Los Angeles Galaxy made their selections to
complete the 23-man 2010 MLS All-Star roster on Monday.
The MLS All-Stars will take
Miyazato replaces Kerr as women's No. 1 >>
Philadelphia, PA (Sportsbook Betting Lines) - Ai Miyazato has replaced Cristie Kerr atop
the world rankings for women's golf.
The two players are just about tied, with Miyazato holding a lead of 0.0006
average points over Kerr.
Kerr snatched t
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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