02/08/2010 - Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers announced Monday that they will honor former owner and current baseball commissioner Bud Selig with a statue at Miller Park.
It will be the third statue built at Miller Park, joining Hank Aaron and Robin Yount.
"We are proud to honor Commissioner Selig for all of his efforts on behalf of the Milwaukee Brewers and Major League Baseball," said current owner Mark Attanasio. "The Brewers and Miller Park are in this city because of the commissioner's vision and dedicated efforts."
The statue will be unveiled at a ceremony on August 24.
<< Pacers' Foster to have season-ending back surgery
Indianapolis, IN (Sportsbook Betting Lines) - Indiana Pacers forward/center Jeff Foster
will undergo season-ending surgery for lower back pain following the All-Star
break.
Foster is expected to make a full recovery and participate in training camp
<< Clippers' Kaman to replace injured Roy in All-Star Game
New York, NY (Sportsbook Betting Lines) - Los Angeles Clippers center Chris Kaman
was named the replacement for injured Portland Trail Blazers guard Brandon Roy
Monday for the NBA All-Star Game to be held February 14 in Dallas.
Kaman, a sevent
<< Vesnina, Szavay advance in France
Paris, France (Sportsbook Betting Lines) - Eighth-seeded Elena Vesnina and Hungarian
Agnes Szavay were Monday's first-round winners at the $700,000 Open GDF Suez
tennis tournament.
The Russian Vesnina vaulted past Romanian Alexandra Dulgheru 6
<< Stricker up to second in world rankings
Philadelphia, PA (Sportsbook Betting Lines) - Steve Stricker's victory on Sunday at the
Northern Trust Open moved the American to second in this week's world
rankings.
Tiger Woods remained in first, followed by Stricker, who was third last
Yankees add Thames to outfield mix >>
New York, NY (Sportsbook Betting Lines) - The New York Yankees have reportedly added
Marcus Thames with a one-year contract worth $900,000 if he makes the team.
SI.com and the New York Post reported the signing. Thames is expected to
compete
Rachel Alexandra staying loose in Big Easy >>
New Orleans, LA (Sportsbook Betting Lines) - Less than 12 hours after the New Orleans
Saints captured Super Bowl XLIV, the other champion residing in the Big Easy
took to the track for a jog.
Horse of the Year Rachel Alexandra took a jog aroun
Blue Bombers sign RB Marc >>
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers announced Monday
that they have agreed to terms with running back Emmanuel Marc.
Marc participated in Winnipeg's training camp in 2009 and graduated from
Delaware State in
Carr re-signs with Fire >>
Bridgeview, IL (Sportsbook Betting Lines) - Calen Carr has re-signed with the Chicago
Fire for his fifth season in Major League Soccer.
In four seasons in Chicago, Carr has appeared in 68 games, including 15
starts, while tallying six goals
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere.
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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