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02/13/2012 - Glasgow, Scotland (Sportsbook Betting Lines) - Defending Scottish Premier League champions Rangers confirmed on Monday that the club has filed a notice of intention to the Court of Session in Edinburgh to appoint administrators.
The club is still waiting on the outcome of a tax tribunal that could potentially see Rangers fined upwards of $75 million, although owner Craig Whyte has said he would fight the possibility of administration.
Over the next few days Rangers will attempt to reach an agreement with its creditors in an effort to avoid administration. But if that fails, they will be officially placed in the hands of administrators and docked 10 points by the SPL.
An SPL spokesman said: "At this point in time, Rangers are not in administration and we await developments. The instant that they are technically in administration there will be an automatic 10-point deduction and, perhaps of less relevance, an embargo on player registrations.
"If administration is confirmed, as we have done previously, we would be looking to work with the administrators and would be looking for a very early meeting."
Rangers sits four points back of leaders Celtic in the SPL table, with a 10- point deduction all but bringing an end to the title race.
<< Jaguars name Mark Lamping team president
Jacksonville, FL (Sportsbook Betting Lines) - The Jacksonville Jaguars have named Mark
Lamping team president, new owner Shahid Khan announced Monday.
Lamping, who has served as president and CEO of MetLife Stadium since 2008,
will oversee all no
<< McCarthy axed by Wolves
Wolverhampton, England (Sportsbook Betting Lines) - Wolverhampton sacked manager Mick
McCarthy on Monday after the club's 5-1 defeat to West Bromwich over the
weekend left Wolves in the relegation zone.
The move brings to an end McCarthy's
<< Report: Garland headed to Cleveland
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians have reportedly agreed
to a minor league contract with veteran pitcher Jon Garland.
According to the Cleveland Plain Dealer, the pact includes an invitation to
spring training if the
<< Randy Moss apparently planning a comeback
Philadelphia, PA (Sportsbook Betting Lines) - Randy Moss is apparently planning a
comeback.
Moss decided to retire last August after 13 NFL seasons and told an audience
on UStream.tv Monday about trying to return for 2012. He just turned 35
Udinese suffers double injury blow >>
Udine, Italy (Sportsbook Betting Lines) - Udinese confirmed on Monday that midfielder
Mauricio Isla and striker Antonio Di Natale will both miss the next few weeks
after sustaining injuries in the club's 2-1 win over AC Milan.
Isla has tallied t
Sandusky can have contact with grandchildren >>
Bellefonte, PA (Sportsbook Betting Lines) - Former Penn State assistant coach Jerry
Sandusky can have contact with most of his grandchildren and will have a local
jury when his child sex abuse trial begins in May.
Sandusky is under electronic m
Benfica's Garcia out for Zenit match >>
Lisbon, Portugal (Sportsbook Betting Lines) - Benfica midfielder Javi Garcia has been
ruled out for the first leg of the club's Champions League round of 16
encounter with Zenit St Petersburg on Wednesday.
Garcia missed the club's 4-1 wi
Ballack out of Barca contest >>
Leverkusen, Germany (Sportsbook Betting Lines) - Bayer Leverkusen midfielder Michael
Ballack will be unavailable for the first leg of the club's Champions League
round of 16 encounter with Barcelona on Tuesday.
The former Germany international i
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 refunds all bets on Oakland, Green Bay and Tampa Bay from NFL week one.
(September 14) – Week one of NFL action saw three teams go scoreless for the first time since 1977. Another four were unable to get a touchdown and almost half of the underdogs covered the spread. Those three teams saved bettors at MySportsbook.com from losing out completely, thanks to the company’s unique NFL Shutout Rule -- which ensures that if the team you backed goes scoreless, your wager is refunded.
Sportsbook refunded tens of thousands of dollars to customers who bet on Oakland, Green Bay and Tampa Bay, the three teams that stunk up the field so badly that their fans and backers never had a chance to get up from their couches and cheer. In the spirit of the low scoring start to the season, odds makers at the world’s largest online sportsbook and casino have set odds on how many total shutouts there will be this season.
MySportsbook.com has posted updated sports betting lines for week two of the season. Ben Roethlisberger’s health status is still questionable, so Willie Parker will try to lead Pittsburgh again as they travel to Jacksonville as a one point favorite. After beating up on his little brother last week, Peyton Manning will look to lead the Colts to victory against Houston. Indianapolis is a whopping 13.5 favorite in the match-up.
Seattle, last year’s highest scoring team, showed the power of their defense with their gritty 9-6 win in Motown over the ravenous Lions. They take their act back home to the comforts of Qwest Field where they will face the resurgent Arizona Cardinals. The Seahawks are favored by a touchdown.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.
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