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03/03/2009 - Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos released a statement Tuesday saying quarterback Jay Cutler will remain with the team and will not be dealt, contrary to published reports.
"The Denver Broncos are not trading Jay Cutler. Period," Broncos spokesman Patrick Smyth said.
The team said head coach Josh McDaniels and Cutler will meet next week once the QB returns to Denver from Nashville.
According to the Denver Post, Cutler was involved in a trade proposal that would have sent him to Tampa Bay and New England quarterback Matt Cassel to Denver. The trade never took place though, as Cassel was traded to the Kansas City Chiefs.
"I do think under the circumstances it was very poor on their part if in fact they were trying to trade Jay," Cutler's agent Bus Cook told the Denver Post prior to Tuesday's announcement by the Broncos. "You don't know what's true and what's not true. Depends on what you read. It's unfortunate because Jay was getting in the groove out there in Denver, and all this just threw him out of kilter."
Drafted by Denver as the 11th overall pick in the 2006 draft, Cutler has thrown for 9,024 yards and 54 touchdowns against 37 interceptions in his first three seasons with the Broncos. This past season he topped the AFC with 4,526 passing yards.
<< Coast Guard calls off search for missing boaters
Clearwater, FL (Sportsbook Betting Lines) - The Coast Guard held a news
conference Tuesday afternoon to announce they have suspended the search
for three missing boaters, including Oakland Raiders linebacker
Victor
<< Report: Oakland, Garciaparra near deal
Phoenix, AZ (Sportsbook Betting Lines) - The Oakland Athletics are reportedly close to
signing infielder Nomar Garciaparra to a one-year contract.
A source familiar with the negotiations confirmed to MLB.com on Tuesday the
two parties are in the
<< Berenson, Michigan agree to extension
Ann Arbor, MI (Sportsbook Betting Lines) - The University of Michigan signed fabled
hockey head coach Gordon "Red" Berenson to a one-year contract extension
through the 2009-10 campaign, athletic director Bill Martin announced Tuesday.
Bere
<< Tamp Bay Buccanneers
Signed running back Derrick Ward.
A-Rod to see hip specialist >>
Tampa, FL (Sportsbook Betting Lines) - New York Yankees third baseman Alex Rodriguez
will fly to Vail, Colo., on Wednesday to see hip specialist Dr. Marc Phillipon
at Steadman-Hawkins Clinic.
After experiencing right hip tightness at Spring T
Hossa leaves game on stretcher >>
St. Louis, MO (Sportsbook Betting Lines) - Detroit Red Wings right winger Marian Hossa
left Tuesday's game against the St. Louis Blues on a stretcher, early in the
first period.
One of the game's premier players, Hossa was checked by Blues defense
Bobcats easily handle Bulls, win fourth straight >>
Charlotte, NC (Sportsbook Betting Lines) - Raymond Felton scored 18 points and doled out
nine assists to lead the Bobcats to their season-high fourth consecutive win
with a 96-80 rout of the Bulls.
Raja Bell also tallied 18 points for Charlotte, wh
Gagne leads Flyers over Bruins in Boston >>
Boston, MA (Sportsbook Betting Lines) - Simon Gagne scored twice and set up another
tally, as the Philadelphia Flyers used a three-goal third period to upend the
Boston Bruins, 4-2, at TD Banknorth Garden.
Mike Knuble registered a goal and two
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.
MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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