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07/15/2010 -
BOSTON (AP) -The Boston Celtics have re-signed captain Paul Pierce.
The club made the official announcement Thursday, six days after a team official said it had reached an agreement to keep the star forward.
The Boston Herald had reported that the contract is for four years with Pierce and the Celtics having a mutual option for the fourth year. He had opted out of the final year of a contract for 2010-2011 that was to pay him $21.51 million next season. By re-signing for a lesser amount, which was not disclosed, he creates cap room and gets long-term security.
Since the Celtics lost the NBA finals in seven games to the Los Angeles Lakers, they've re-signed guard Ray Allen for the next two seasons and signed center-forward Jermaine O'Neal for the same period. Kevin Garnett also is signed through 2011-2012.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
<< Golf Tidbits: Which 50-something will make a run at the British?
Philadelphia, PA (Sportsbook Betting Lines) - The British Open returned to the Old
Course at St. Andrews this week for the 28th time. No course has hosted more
Open Championships.
In keeping with the vintage of the historic venue, the story of the las
<< McIlroy posts record-tying 63 at St. Andrews
St. Andrews, Scotland (Sportsbook Betting Lines) - Rory McIlory said the thought crept
into his head on 17 that he could set or match the low round in a major.
He missed his four-footer for birdie on 17, but closed with a three-foot
birdie put
<< NBA's West has plea hearing on Md. weapons charges
UPPER MARLBORO, Md. (AP) - Cleveland Cavaliers guard Delonte West is scheduled to appear in court in Maryland for a plea hearing stemming from his 2009 arrest for carrying weapons and speeding on a motorcycle.A spokesman for Prince George's County S
<< Daly off to flying start at British Open
St. Andrews, Scotland (Sportsbook Betting Lines) - John Daly has played golf all over
the world the last few years in search of his form that helped him earn five
PGA Tour victories.
Daly came from out of nowhere to win the 1991 PGA Championship
Angels hope to get second half off to good start vs. Mariners >>
(Sportsbook Betting Lines) - No team was happier to see the All-Star break than the Los
Angeles Angels of Anaheim. Hopefully recharged, the Angels get their second
half started with the opener of a four-game set with the Seattle Mariners at
Angel Stadium
Szavay stays hot; Dulgheru pulls out in Prague >>
Prague, Czech Republic (Sportsbook Betting Lines) - Last week's Budapest titlist
Agnes Szavay was among Thursday's second-round winners, while second-seeded
Alexandra Dulgheru of Romania pulled out of the draw at the $220,000 Prague
Open te
Giants, Lincecum welcome a returning Beltran to the Bay Area >>
(Sportsbook Betting Lines) - Tim Lincecum didn't help the National League break its
lengthy losing streak in the All-Star Game, but the New York Mets may have
wished he had.
The rested two-time NL Cy Young Award honoree will take the mound when the Sa
Rangers open second half at Fenway >>
(Sportsbook Betting Lines) - The Texas Rangers enter the season's second half in good
position to end an 11-year playoff drought. The Boston Red Sox, on the other
hand, still have some work to do in order to secure a fourth consecutive trip
to the postse
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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