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07/29/2010 - Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos agreed to terms with quarterback Tim Tebow, a first-round selection in the 2010 NFL Draft, on Thursday.
Financial terms were not disclosed, but The Denver Post reports it is a five- year deal worth between $11.5 million and $12 million, with more than $8 million guaranteed.
The contract agreement allows Tebow to join other Broncos rookies and early- reporting veterans in practice. Denver's training camp officially starts Sunday with the first full-team session.
Denver selected Tebow with the 25th overall pick in the draft after he completed a stellar collegiate career at Florida. The 2007 Heisman Trophy winner, Tebow helped the Gators win two national championships in his four years at the school.
Tebow is the only player in NCAA history to rush and pass for at least 20 touchdowns in a season, and he also holds the SEC mark for career touchdowns.
The 22-year-old helped Florida to a Sugar Bowl win over Cincinnati this past season, throwing for 2,895 yards and 21 touchdowns. He also ran for 910 yards and 14 more scores on 217 attempts.
<< Jimenez gets 16th win as Rockies snap eight-game slide
Denver, CO (Sportsbook Betting Lines) - Ubaldo Jimenez turned in seven strong
innings and Clint Barmes drove in three runs as Colorado blitzed Pittsburgh,
9-3, to stop an eight-game losing skid in the finale of a three-game series at
Coors F
<< Sanchez throws gem as Marlins earn split with Giants
San Francisco, CA (Sportsbook Betting Lines) - Anibal Sanchez was nearly perfect on the
mound as he tossed his second career shutout in Florida's 5-0 win over San
Francisco.
Sanchez (8-6), who authored a no-hitter in 2006, gave up just one hi
<< Falcons sign first-round pick Weatherspoon
Flowery Branch, GA (Sportsbook Betting Lines) - The Atlanta Falcons agreed to terms with
their 2010 first-round draft pick, linebacker Sean Weatherspoon, the club
announced on Thursday.
Financial terms were not released.
The 6-foot-2, 244-pou
<< Sens re-sign F Regin
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators on Thursday re-signed
forward Peter Regin to a two-year contract.
Regin, 24, registered 13 goals and 16 assists in 75 games with the Senators
last season, his first full NHL campaig
Niemi decision expected by Saturday >>
CHICAGO (AP) -Blackhawks general manager Stan Bowman expects to learn on Saturday whether his salary cap-squeezed team will be able to keep restricted free agent goaltender Antti Niemi.After Bowman and Niemi's agent, Bill Zito, were unable to reach
Rangers acquire Cantu from Marlins >>
Arlington, TX (Sportsbook Betting Lines) - The Texas Rangers bolstered their infield,
acquiring Jorge Cantu and cash considerations from the Florida Marlins in
exchange for a pair of pitching prospects.
Cantu, 28, was in the starting lineup
Lorenzen Wright's death ruled a homicide >>
Memphis, TN (Sportsbook Betting Lines) - The death of Lorenzen Wright has reportedly
been termed a homicide by gunshot wound.
The Commercial Appeal cited a police statement in reporting Wright, a former
Memphis basketball star and NBA player,
Vikings sign second-round pick Cook, three others >>
Eden Prairie, MN (Sportsbook Betting Lines) - The Minnesota Vikings have signed rookie
cornerback Chris Cook.
The Vikings selected the Virginia product in the second round (34th overall)
of the 2010 draft. Cook was an All-Atlantic Coast Conf
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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