Basketball Betting








 

Basketball Betting


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NBA Basketball Betting

Rockets lose out on Artest but nab Ariza

Basketball Betting Lines

07/02/2009 - Houston, TX (Sportsbook Betting Lines) - Just moments after losing out to the Lakers for the services of forward Ron Artest, the Rockets have reportedly come to an agreement with Trevor Ariza, who was a key part of Los Angeles' championship run this season.

According to the Houston Chronicle, Ariza accepted the Rockets' offer of the mid-level exception, which will probably end up being a yearly salary of just under $6 million.

Ariza, who helped oust the Rockets in seven games in last season's thrilling Western Conference semifinal matchup, averaged 8.9 points and 4.3 rebounds for the Lakers last season but increased his scoring average to 11.3 points in 23 contests in the postseason, when LA won the title in five games over Orlando.

The 24-year-old Ariza will most likely serve the same role Artest did in his lone season with Houston and brings career averages of 6.9 points and 3.8 rebounds to the Rockets after spending parts of five seasons with the Knicks, Magic and Lakers.


<< Artest joining Lakers
Los Angeles, CA (Sportsbook Betting Lines) - Free agent forward Ron Artest is leaving the Houston Rockets to join the Los Angeles Lakers and will provide the team with more offensive firepower next season, as he'll join Kobe Bryant and Pau

<< Buehrle, ChiSox stop Royals
Kansas City, MO (Sportsbook Betting Lines) - Mark Buehrle took a shutout into the ninth inning, as the Chicago White Sox extended their season-high win streak to six games with a 4-1 win over the Kansas City Royals. Buehrle (8-2) allowed a run on

<< Lee homers twice as Cubs down Brewers
Chicago, IL (Sportsbook Betting Lines) - Derrek Lee headlined a home run parade with two long-balls -- a three-run shot and a grand slam -- for a career-high seven RBI, leading the Chicago Cubs to a 9-5 win over the Milwaukee Brewers in the beginni

<< Stockton and Gates lead Edmonton Open
Edmonton, AB (Sportsbook Betting Lines) - Brady Stockton and Robert Gates both fired rounds of seven-under 65 on Thursday to share the first-round lead of the Edmonton Open. Liam Kendregan and Jon Turcott both shot 66s in round one and ar

<< Mayfield a no-show at Daytona
Daytona Beach, FL (Sportsbook Betting Lines) - Sprint Cup Series driver and team owner Jeremy Mayfield was not present at Daytona International Speedway on Thursday, one day after a federal judge granted him a temporary injunction to race again,

Kings reach agreement on four-year deal with Scuderi >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings have reached an agreement on a four-year contract with former Penguins blueliner Rob Scuderi. Scuderi was a key cog in helping Pittsburgh claim its third Stanley Cup title in t

NASCAR Hall of Fame nominees announced >>
Charlotte, NC (Sportsbook Betting Lines) - NASCAR on Thursday revealed the 25 nominees for the inaugural NASCAR Hall of Fame induction class. Nominees included pioneers, former champions and driver-turned-team owners of the sport. A 21-member committe

Mariners end Yankees' seven-game win streak >>
Bronx, NY (Sportsbook Betting Lines) - Russell Branyan belted a two-run homer and the Mariners pounded CC Sabathia early on the way to an 8-4 win, ending New York's winning streak at seven contests. Franklin Gutierrez had three hits, inclu

Abreu homers twice in Angels' win over O's >>
Anaheim, CA (Sportsbook Betting Lines) - Bobby Abreu hit a pair of homers, accounting for four runs batted in, and John Lackey threw eight strong innings, as the Angels beat Baltimore, 5-2, in the opener of a four-game series. Chone Figgins had

Ray carries Eskimos over Bombers; Lumsden hurts shoulder >>
Edmonton, AB (Sportsbook Betting Lines) - Ricky Ray went 29-for-41 passing for 318 yards and a touchdown, as the Edmonton Eskimos edged the Winnipeg Blue Bombers, 19-17, in the teams' season-opener. Edmonton took the win after Winnipeg kicker

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.