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07/22/2010 - Miami, FL (Sportsbook Betting Lines) - The Miami Heat re-signed guard Carlos Arroyo on Thursday. Per club policy, terms of the deal were not released.
Arroyo started 35 of the 72 games he appeared in with the Heat last season, averaging 6.1 points and 3.1 assists while shooting a career-high 47.5 percent from the field.
"By re-signing Carlos, we feel we have accomplished another big step in adding to this team," said Heat president Pat Riley. "Carlos showed last season that he was one of the most competitive and efficient point guards in the NBA, and we are happy to have him back."
Arroyo, who turns 31 next week, played the 2008-09 season overseas after spending parts of three seasons with Orlando.
For his career, Arroyo has averaged 6.9 points, 3.2 assists and 1.7 rebounds in 505 games with Miami, Toronto, Denver, Utah, Detroit and the Magic.
<< Blackhawks acquire Taffe from Florida for Reasoner
Chicago, IL (Sportsbook Betting Lines) - The Chicago Blackhawks acquired forward Jeff
Taffe from the Florida Panthers in exchange for forward Marty Reasoner.
Taffe recorded two points in 21 regular season games for the Panthers last
season. In
<< AP source: Hornets schedule meeting with Paul
NEW ORLEANS (AP) -A person familiar with the meeting says the Hornets have scheduled a face-to-face discussion with Chris Paul on Monday to talk about the team's plans for the future.The star guard will sit down with new head coach Monty Williams, n
<< Arroyo returns to Heat, will vie to be starter
MIAMI (AP) -Carlos Arroyo has finalized his deal to return to the Miami Heat.Arroyo appeared in 72 games and made 35 starts at point guard for Miami last season, then decided to return to the club after a brief stint as a free agent. He averaged 6.1
<< Pirates place C Doumit on DL, recall Jaramillo
PITTSBURGH (AP) -The Pirates placed catcher Ryan Doumit on the 15-day disabled list with a concussion and recalled Jason Jaramillo from Triple-A Indianapolis on Thursday.Doumit, tied for second on the team in home runs with eight and RBIs with 32, l
Bentley sues Browns for career-ending staph infection >>
Cleveland, OH (Sportsbook Betting Lines) - Former Cleveland Browns center LeCharles
Bentley has sued the Browns, reportedly for fraud and negligent
misrepresentation over a career-ending staph infection he suffered while with
the clu
Roddick moves on in Atlanta >>
Atlanta, GA (Sportsbook Betting Lines) - Top seed Andy Roddick lost a second set
tiebreaker, but managed to pull out the final set to advance to the
quarterfinals of the Atlanta Tennis Championships.
Roddick needed less than a hal
Union sign Argentinean midfielder Coudet >>
Chester, PA (Sportsbook Betting Lines) - The Philadelphia Union signed Argentinean
midfielder Eduardo "Chacho" Coudet on Thursday.
Coudet, who last played for Colon in the Argentinean First Division, will be
eligible to play when the Union r
San Jose's Convey added to MLS All-Star roster >>
San Jose, CA (Sportsbook Betting Lines) - San Jose Earthquakes midfielder Bobby Convey
was named to MLS All-Star roster by coach Bruce Arena on Thursday.
Convey will replace injured Jonathan Bornstein. Convey is the first member of
the Earthquakes
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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