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07/13/2010 - Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have re-signed guard Ray Allen, the team announced Tuesday.
Terms of the deal were not disclosed, but reports from last week said Allen agreed to a two-year, $20 million contract.
"Re-signing Ray has been a priority of ours this offseason and this move will allow us to stay at a championship level," said Danny Ainge, Celtics president of basketball operations.
Allen averaged 16.3 points, 3.2 rebounds and 2.6 assists per game over 80 contests last regular season. He also averaged 16.1 points during the team's playoff run, which ended with a Game 7 loss to the Los Angeles Lakers in the NBA Finals.
During the championship series, Allen set an NBA Finals record by sinking eight three-point shots in a Game 2 victory.
"I am ecstatic to be back in Boston," Allen said. "I cannot wait to get onto the court and get back to work with the rest of the team in pursuit of Banner 18."
Over 14 seasons in the NBA, Allen has averaged 20.5 points in 1,022 games. He ranks second in NBA history in three-pointers made (2,444) and attempted (6,176).
<< Birmingham hands O'Connor new deal
Birmingham, England (Sportsbook Betting Lines) - Birmingham City striker Garry O'Connor
has signed a new short-term contract with Alex McLeish's side.
The 27-year-old Scotland international, who has endured an injury-ravaged
recent spell with th
<< Real Salt Lake extends loan deal for Gonzalez
Sandy, UT (Sportsbook Betting Lines) - Real Salt Lake agreed with Argentine side Quilmes
Atletico Club on Monday to extend the loan deal for midfielder Nelson Gonzalez
through the 2011 MLS season.
Gonzalez was acquired on loan from the then-Argentin
<< Nets acquire Morrow from Warriors
East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets have acquired
shooting guard Anthony Morrow from the Golden State Warriors in exchange for a
second-round pick in the 2011 draft.
The Star-Ledger of Newark reports that the Net
<< CFL Previews - July 14-17 - Week Three
Philadelphia, PA (Sportsbook Betting Lines) -
CALGARY STAMPEDERS (2-0) AT TORONTO ARGONAUTS (1-1)
DATE & TIME: Wednesday, July 14, 7:30 p.m. (et).
GAME NOTES: With their nine-game losing streak now a memory, the Toronto
Argonauts try to conti
Winnipeg's Pierce highlights CFL Players of the Week >>
Toronto, ON (Sportsbook Betting Lines) - Winnipeg Blue Bombers quarterback Buck Pierce,
Saskatchewan defensive end Brent Hawkins, Toronto kick returner Chad Owens and
Montreal safety Etienne Boulay were selected as the CFL's top performers for
Week 2
Robredo wins Bastad opener >>
Bastad, Sweden (Sportsbook Betting Lines) - Two-time champion Tommy Robredo highlighted
Tuesday's first-round winners at the Swedish Open.
The fifth-seeded Robredo topped Poland's Michal Przysiezny 7-6 (7-3), 6-3 on
the red clay at Bastad Tennis St
This Week in Auto Racing July 16 - 18 >>
Madison, IL (Sportsbook Betting Lines) - While the Sprint Cup Series takes a break this
weekend, the Nationwide and Camping World Truck Series compete at Gateway
International Raceway near St. Louis. The IZOD IndyCar Series runs on the
streets
Clippers sign Willie Warren >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers have signed guard
Willie Warren, the team's second-round pick in the 2010 draft.
Warren, the 54th overall selection, played two seasons at Oklahoma before
entering the draft
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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