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07/19/2010 - 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 new deal by Chelsea, but he will now undergo a physical in the next two days to complete his move to Anfield.
Cole was limited to 14 starts last season for Chelsea in league play because of a knee injury as the Blues captured both the Premiership title and FA Cup crown.
However, he recovered in time to make England's World Cup team, where he made two substitute appearances for the Three Lions in South Africa.
Cole is the first signing made by new manager Roy Hodgson, and he is the second player to arrive at Anfield this summer, joining Serbian striker Milan Jovanovic.
<< AP Source: Rich Cho named new Blazers GM
PORTLAND, Ore. (AP) -A person with knowledge of the hiring process says the Trail Blazers have named Oklahoma City assistant GM Rich Cho as Portland's new general manager.The person spoke to The Associated Press on Monday on condition of anonymity b
<< Mainz seals Fuchs loan deal
Mainz, Germany (Sportsbook Betting Lines) - Mainz have completed the one-year loan
signing of Christian Fuchs from Bochum.
The Austrian midfielder has the option of making the deal permanent next year
following Bochum's relegation from the Bun
<< Barbosa key to Raptors' team concept
Toronto, Canada (Sportsbook Betting Lines) - The Toronto Raptors are moving in a new
direction, the focus no longer on the talents of Chris Bosh, but on a
collective approach to playing the game.
Bosh recently joined LeBron James and Dwyane Wade in
<< Valero returns to Spain with Villarreal
Villarreal, Spain (Sportsbook Betting Lines) - West Bromwich Albion have cut their
losses on Borja Valero after allowing the midfielder to return to Spain with
Villarreal.
Valero, 25, joined the Baggies from Mallorca for a club record $7 mill
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
Wrong year for Life At Ten to be so good >>
Philadelphia, PA (Sportsbook Betting Lines) - When the two leading thoroughbreds in
training are also the top female racehorses in the country, it becomes
difficult for any other filly or mare to get recognized.
This is the situation that confronts fi
Hurricanes sign C Nash >>
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.
H
NL West: Injuries piling up in LA >>
(Sportsbook Betting Lines) - Imagine the San Diego Padres trying to stay atop the NL
West standings without Adrian Gonzalez, Chase Headley and Yorvit Torrealba.
The Los Angeles Dodgers would certainly enjoy seeing that happen, but they're
the one
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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