Chicagobwars Football Betting News

<< Bruins hang rare home regulation defeat on Blues
St. Louis, MO (Sportsbook Betting Lines) - Brad Marchand scored twice as Boston doubled up St. Louis, 4-2, at Scottrade Center. Chris Kelly and Milan Lucic each posted a goal and one assist for the Bruins, who had lost three of four coming in. Ti

<< Ridnour lifts Minnesota over Utah
Minneapolis, MN (Sportsbook Betting Lines) - Luke Ridnour finished with 17 points, none bigger than his floater at the final buzzer, lifting the Timberwolves to a 100-98 comeback victory over the Jazz at Target Center on Wednesday. With seven t

<< Noah's triple-double leads Bulls past Bucks
Chicago, IL (Sportsbook Betting Lines) - Joakim Noah recorded his first career triple- double with 13 points, 13 rebounds and 10 assists, as the Chicago Bulls cruised past the Milwaukee Bucks, 110-91. Carlos Boozer added 20 points and seven

<< Rockets hand 76ers a 5th straight loss
Houston, TX (Sportsbook Betting Lines) - Houston's Luis Scola had 19 points and 10 rebounds in Wednesday's 93-87 win over the 76ers. Kevin Martin scored 14 of his 16 points in the fourth quarter and Kyle Lowry finished with 13 for the Rockets,

Ellis' last-second shot lifts Warriors over Suns; Curry injures foot >>
Phoenix, AZ (Sportsbook Betting Lines) - Monta Ellis scored 26 points and made the game- winning jumper with one second left, lifting the Golden State Warriors over the Phoenix Suns, 106-104. Ellis' fadeaway jumper with Grant Hill in his face snap

Avs turn tables on Kings with home victory >>
Denver, CO (Sportsbook Betting Lines) - Paul Stastny tallied twice as Colorado finished off a season sweep of Los Angeles with a 4-1 decision at Pepsi Center. "From start to finish tonight we played our game. We kept attacking even after

No. 4 Kansas tops Texas A&M >>
College Station, TX (Sportsbook Betting Lines) - Elijah Johnson scored a team-high 21 points to lead No. 4 Kansas past Texas A&M, 66-58, in the final Big 12 clash between the two schools. Tyshawn Taylor added 12 points, Jeff Withey contribute

Roddick ousted in Memphis >>
Memphis, TN (Sportsbook Betting Lines) - Belgian Xavier Malisse knocked off second- seed and defending champion Andy Roddick 7-6 (10-8), 7-5 in first-round action at the $1.155 million Regions Morgan Keegan Championships on Wednesday. Rodd

What Is the Point Spread?

What are Sports Betting Point Spreads?

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.

How to Read Point Spreads

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:

• Philly wins the actual game by any amount of points
  OR
  
• Philly loses the game by less than 7 points.

• 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.

  For Those Who Like to Consider Things Mathematically

  Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:

• Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
  OR
  
• Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

  Who Really “Won” the Super Bowl odds ?

  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.

Stanley Cup betting

New York, NY – October 3, 2007 – The dress rehearsal is over! The NHL preseason has ended and now that fans have had a glimpse of what is to come it is time to hit the book! Stanley Cup odds are live at MySportsbook.com, the world’s largest online sportsbook and casino.

The Ottawa Senators and Detroit Red Wings remain on top of the odds charts after an impressive start in the preseason. Betting lines opened for both teams at 6-1 in June. Since then the Sens have fallen to 7-1 and the Red Wings are now caught in a pack including the defending champion Carolina Hurricanes, the San Jose Sharks and the Anaheim Ducks, all at 10-1.

MySportsbook.com has also posted props on each team’s point total for the regular season. The Senators lead the charge at 108.5 followed by the Ducks at 106.5. Detroit will attempt a repeat for the prize as the Red Wings are deadlocked with the Predators at 104.5 a piece. The temporary loss of highly touted rookie Evgeni Malkin puts a lot of pressure on the stick of assistant captain Sidney Crosby - his lowly Pittsburgh Penguins are listed at 71.5.

Even if bettors are not brave enough to put their money on the underdog, an early bet on the favorites at sportsbook.com tends to produce bigger payouts than a mid-season wager. Placing a $1,000 bet last summer on the Detroit Red Wings or Ottawa Senators would have paid out to $8,000 and $10,000 respectively, opposed to a $2,500 or $3,000 payout at the beginning of the playoffs.

Stanley Cup Odds    

NHL Regular Season Points - Team Must Play 82 Games 

To visit this online sportsbook got to MySportsbook.com for all your hockey sportsbook needs.