Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
09/07/2010 - Boston, MA (Sportsbook Betting Lines) - The New England Patriots and quarterback Tom Brady are reportedly on the verge of a three-year contract extension worth close to $58 million.
The Boston Herald reports the deal is on the table for Brady, whose desire was to have a deal in place prior to the start of the season. The three-time Super Bowl champ and five-time Pro Bowl selection is entering the 2010 campaign in the final year of a contract for the first time in his 11-year NFL career.
The Herald added an agreement could be in place as early as Wednesday morning. The report placed the pact as starting in 2012 and averaging $19.3 million per year -- making Brady the highest paid quarterback in the league when the contract kicks in at age 34. Brady turned 33 in August and is set to make $6.5 million for the 2010 season.
Brady was voted the NFL's Comeback Player of the Year by the Associated Press in 2009 after his successful return from a devastating left knee injury suffered in the first quarter of the 2008 season opener. He was coming off a record 2007 campaign in which the Patriots completed the NFL's first undefeated regular season in 35 years with Brady taking home league MVP honors.
New England finished 10-6 last year to win the AFC East, but was bounced from the playoffs in a wild card loss to the Ravens soon after.
For the season, Brady completed 65.7 percent of his passes for 4,398 yards with 28 touchdowns and 13 interceptions.
<< The Real Deal on the AL Cy Young Race
New York, NY (Sportsbook Betting Lines) - With 28 days left in the regular season, the
American League Cy Young award is still up for grabs. It seems the New York
Yankees' CC Sabathia is considered the leading candidate, although I think
there's another
<< 2010 World Basketball Championship update - September 7th
(Sportsbook Betting Lines) -
Halftime - Lithuania 43, China 40
Argentina vs. Brazil, 2 p.m.
<< Twins continue set with Royals
(Sportsbook Betting Lines) - Capturing a second straight American League Central title
may be the Minnesota Twins' main objective, but judging by the team's
performance at Target Field this season, having home-field advantage for the
opening round of the
<< Rookies to go head-to-head in Mets-Nationals clash
(Sportsbook Betting Lines) - With the Washington Nationals already looking ahead to next
year -- and maybe even 2012 given Stephen Strasburg's need for Tommy John
surgery -- a couple of young players are looking to show the team they can
contribute.
Toronto FC postseason hopes rest with defense >>
Toronto, Canada (Sportsbook Betting Lines) - It's a story that Toronto FC fans have grown
accustomed to. A strong start to the season that looks to be leading to the
eventual reward of making the MLS playoffs for the first time, only for the
team to have
White undergoes surgery on torn right Achilles >>
DENVER (AP) - Broncos tailback LenDale White has undergone surgery to repair a ruptured right Achilles' tendon that will sideline him for the season.His uncle, Herman White, told The Associated Press on Tuesday that the operation ``went as expected'
Boise State gains ground in AP Top 25 >>
Boise State has gained seven first-place votes to close in on No. 1 Alabama and No. 2 Ohio State as the top three in the first regular season Associated Press football poll.The Broncos remained third after a thrilling 33-30 victory against Virginia
McNabb: Ankle not 100 percent, will start Sunday >>
WASHINGTON (AP) - Donovan McNabb says his sprained ankle won't keep him from starting for the Washington Redskins on Sunday against the Dallas Cowboys.McNabb told ESPN980 that his left ankle still isn't 100 percent after hurting it 2 1/2 weeks ago i
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.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting