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07/19/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls announced the signing of free agent guard Ronnie Brewer on Monday.
Terms of the contract were not released, but it was earlier reported to be for three years and $12.5 million.
The Bulls moved quickly on Brewer after the Magic matched the team's offer sheet to J.J. Redick on Friday.
"We're very happy to add a player of Ronnie's ability to our team. He brings great versatility on both ends of the floor and will be an excellent addition to our backcourt," said Bulls general manager Gar Forman.
Brewer joins forward Carlos Boozer and guard Kyle Korver as members of the 2009-10 Jazz who will play for the Bulls this season. Brewer was actually traded to Memphis midway through last season, but played only five games for the Grizzlies before an injury sidelined him.
In 58 games in 2009-10, Brewer averaged 8.8 points, 3.2 rebounds and 2.7 assists. He averaged a career-best 13.7 points in 81 games for the Jazz in 2008-09 and has a career per-game points average of 10.3 in 271 contests.
<< Dushevina moves on in Slovenia
Portoroz, Slovenia (Sportsbook Betting Lines) - Sixth-seeded Russian Vera Dushevina was
a first-round winner Monday at the Slovenia Open.
Dushevina dropped the first set but rallied for a 2-6, 6-3, 6-3 victory over
fellow countrywoman Anna Lapushch
<< Edwards, Keselowski feud showing no signs of letting up
Madison, IL (Sportsbook Betting Lines) - "Boom boom boom, now. Boom boom boom, now. Boom
boom pow."
I generally don't like using song lyrics to describe a frantic episode in a
NASCAR race or any other motorsports event, but after last Saturday's night
<< Report: Johnson, Titans come to contract agreement
Culver City, CA (Sportsbook Betting Lines) - The NFL Network is reporting that
running back Chris Johnson and the Tennessee Titans have agreed to a deal that
will pay him slightly more than $2 million during the 2010 season.
According to T
<< Pitt suspends DE Sheard indefinitely
Pittsburgh, PA (Sportsbook Betting Lines) - Pittsburgh senior starting defensive end
Jabaal Sheard has been suspended indefinitely from team activities after being
charged with multiple offenses for his part in a fight early Sunday morning.
The P
UConn AD Hathaway to serve as Division I men's basketball chair >>
Indianapolis, IN (Sportsbook Betting Lines) - The NCAA announced on Monday that Jeff
Hathaway, director of athletics at the University of Connecticut, has been
appointed chair of the Division I Men's Basketball Committee for the 2011-12
academi
Bucks sign PG Dooling >>
Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Bucks signed free agent point
guard Keyon Dooling on Monday.
Dooling is said to have inked a two-year deal and will slide in as the backup
to Brandon Jennings after former Buck Luke Ridnour
Spieth shares lead at Junior Amateur >>
Ada, MI (Sportsbook Betting Lines) - Defending champion Jordan Spieth shot a five-under
67 on Monday to share the first-round lead at the U.S. Junior Amateur
Championship.
Stephen Behr and Davis Womble also posted rounds of 67, while Wyndh
Reds 3B Rolen remains sidelined >>
Cincinnati, OH (Sportsbook Betting Lines) - Cincinnati Reds third baseman Scott Rolen
missed his third straight game Monday due to a right hamstring injury.
Rolen received a cortisone shot in his hamstring and could go on the disabled
list in the
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.
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