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07/03/2009 - Manchester, England (Sportsbook Betting Lines) - Michael Owen is determined to repay the faith Sir Alex Ferguson has shown in him after penning a two-year contract with Manchester United.
The 29-year-old moves to Old Trafford on a free transfer after four injury- plagued years with Newcastle.
Owen told United's official website: "I'd just begun to talk to other clubs when, out of the blue, Sir Alex phoned me on Wednesday afternoon and invited me to have breakfast with him the next morning, during which he told me that he wanted to sign me. I agreed without a moment's thought.
"This is a fantastic opportunity for me and I intend to seize it with both hands.
"I am now looking forward to being a Manchester United player and I'm fortunate that I already know so many of the players here. I missed preseason last year and am pleased that I'll be starting at Carrington from day one."
Owen, who was earning a reported $165,000-a-week at Newcastle, has made just 76 appearances and scored 30 goals during his four seasons with the Magpies following his $26 million arrival from Real Madrid.
(Courtesy of sportbox.tv)
<< Gibbs commits future to Arsenal
London, England (Sportsbook Betting Lines) - Arsenal's England Under-21 international
Kieran Gibbs has pledged his long-term future to the club by putting pen to
paper on a new contract.
The 19-year-old made his debut for the Gunners almost two
<< Bayern remains hopeful over Bosingwa
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich remains hopeful of being able
to sign Jose Bosingwa from Chelsea.
The German giants revealed their interest in the Portugal right-back last
month and chairman Karl-Heinz Rummenigge stil
<< O's Reimold selected as AL's top rookie for June
New York, NY (Sportsbook Betting Lines) - Baltimore Orioles outfielder Nolan
Reimold has been selected as the American League Rookie of the Month for June.
The 25-year-old hit .320 for the month, leading all Junior Circuit rookies
with
<< Pujols honored as NL Player of the Month
New York, NY (Sportsbook Betting Lines) - St. Louis Cardinals first baseman Albert
Pujols has been named the National League Player of the Month for June.
A seven-time All-Star, Pujols batted .320 with a league-leading 14 homers and
35 RBI duri
New York hopes to snap losing skid at Dallas >>
Frisco, TX (Sportsbook Betting Lines) - Red Bull New York ends a tough seven-match streak
Saturday night at FC Dallas, hoping to snap a nine-game winless skid and a road
losing stretch that dates back to last season.
New York (2-12-4) contests its six
Reds activate 3B Encarnacion from DL >>
Cincinnati, OH (Sportsbook Betting Lines) - Cincinnati third baseman Edwin Encarnacion
was activated from the 60-day disabled list prior to Friday's game against the
St. Louis Cardinals.
Encarnacion had been on the DL since late April due to a chip
Turkoglu to join Blazers >>
Portland, OR (Sportsbook Betting Lines) - Sharp-shooting forward Hedo Turkoglu is
leaving Orlando for the Great Northwest, reportedly coming to terms on a five-
year, $50 million contract with the Portland Trail Blazers.
The Oregonian newspap
Cano, A-Rod homer as Yankees top Toronto >>
Bronx, NY (Sportsbook Betting Lines) - Robinson Cano and Alex Rodriguez each homered
as the New York Yankees doubled up Toronto, 4-2, in the opener of a four-game
set.
Mark Teixeira added a hit and an RBI for the Yankees, who have won eight of
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.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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