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07/23/2010 - Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns made it official on Friday and signed quarterback Colt McCoy to a multi-year contract.
Terms of the deal for the former University of Texas star were not disclosed, but the Cleveland Plain Dealer reported it to be a four-year pact worth $4.96 million with a signing bonus of $751,000.
McCoy was selected with the 85th overall pick of the 2010 draft after a stellar career at Texas. He was a First-Team All-America in his senior season of 2009, won the Maxwell Award as the nation's top player and set an NCAA record as the winningest quarterback with 45 career victories.
In 53 career starts, McCoy threw for 13,253 yards and 112 touchdowns with 45 interceptions. He also ran for 20 touchdowns and racked up 1,571 rushing yards.
The Browns also signed offensive lineman Shawn Lauvao to a multi-year deal. The Arizona State product was chosen with the 92nd overall pick.
<< New England Patriots 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATES: July 25th (Rookies), July 28th (Veterans)
SITE: Gillette Stadium, Foxboro, MA
CAMP OBJECTIVES: Apart from Randy Moss, the men Tom Brady will be throwing to
on Week 1 are unknown. Wes Welker is unlikely t
<< Cincinnati Bengals 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATE: July 28th
SITE: Georgetown College, Georgetown, KY
CAMP OBJECTIVES: After making the playoffs with what was primarily a ground-
control offense last season, the Bengals made a number of moves in the
offs
<< Buffalo Bills 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATE: July 29th
SITE: St. John Fisher College, Pittsford, NY
CAMP OBJECTIVES: Chan Gailey, the only new head coach in the AFC in 2010, has
some work cut out for him in his first training camp with the Bills. Fi
<< Denver Broncos 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATE: July 26th (rookies), July 31st (veterans)
SITE: Paul D. Bowlen Memorial Broncos Centre, Englewood, CO
CAMP OBJECTIVES: It's going to be a messy summer at the glamour positions for
the Broncos. Kyle Orton
Cavaliers sign 2009 first rounder Eyenga >>
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have signed
guard/forward Christian Eyenga.
Per team policy, no details of the deal were announced.
The 21-year-old Eyenga was the Cavs' first-round choice and the 30th o
Bacsinszky, Meusburger advance in Bad Gastein >>
Bad Gastein, Austria (Sportsbook Betting Lines) - Second-seeded Timea Bacsinszky of
Switzerland and Austrian veteran Yvonne Meusburger were among the quarterfinal
winners Friday at the Gastein Ladies tennis tournament.
Bacsinszky, the highest-rem
Choi takes 1-shot lead in Sweden >>
Stockholm, Sweden (Sportsbook Betting Lines) - K.J. Choi took the lead Friday at the
Scandinavian Masters with a five-under 67 in the second round.
Choi finished 36 holes on the Stadium Course at Bro Hof Slott Golf Club with a
nine-under 135, movi
Dallas puts road unbeaten run on line at Toronto >>
Toronto, ON (Sportsbook Betting Lines) - FC Dallas has not lost on the road since April
and puts its six-match road undefeated streak on the line Saturday at Toronto
FC, which is one of three Major League Soccer teams still unbeaten at home.
FC Dall
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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