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06/07/2010 - Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers released veteran right- handed pitcher Jeff Suppan on Monday.
The 35-year-old came to Milwaukee via free agency in December 2006 after spending the previous three seasons with St. Louis.
Suppan struggled since signing his four-year, $42 million contract with the Brewers, however, compiling a 29-36 record with a 5.08 earned run average in 110 games (97 starts). He was particularly ineffective this season, going 0-2 with a 7.84 ERA in 15 games (two starts).
Milwaukee still owes Suppan the rest of his $12.5 million salary this year as well as a $2 million buyout for his club option in 2011.
Over 16 major league seasons, Suppan is 135-137 with a 4.72 ERA in 427 games (398 starts) with Kansas City, Boston, Pittsburgh, Arizona, St. Louis and Milwaukee. He also helped the Cardinals win the World Series in 2006, when they beat Detroit in five games.
In a related move, the club will purchase the contract of right-hander Chris Smith from Triple-A Nashville. Smith appeared in 35 games for the Brewers in 2009 and pitched to a 4.11 ERA. He is 2-1 with a 1.71 ERA and 16 saves this season at Nashville.
<< Lookin At Lucky tops final three-year-old poll
New York, NY (Sportsbook Betting Lines) - Preakness Stakes winner Lookin At Lucky came
out in first again in the final NTRA Thoroughbred Three-Year-Old Poll of 2010.
The colt was followed by Kentucky Derby champ Super Saver and Belmont Stakes
winner
<< Buccaneers owners dispute financial woes
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers released a statement
Monday saying that the Glazer family, which owns the team, is "well
positioned" financially, refuting a British report that claims otherwise.
The stat
<< Rose moves to 33rd in world rankings
Philadelphia, PA (Sportsbook Betting Lines) - Justin Rose earned his long-awaited first
PGA Tour win on Sunday at the Memorial Tournament and jumped from 66th to 33rd
in this week's world golf rankings.
Graeme McDowell collected his fifth European T
<< Parker soars in world rankings after first LET win
Philadelphia, PA (Sportsbook Betting Lines) - England's Florentyna Parker claimed her
first Ladies European Tour title on Sunday and soared 93 places to No. 139 in
the world rankings for women's golf.
Meanwhile, Yoshimi Kohda also earned her fi
Montgomerie fires 62 to qualify for British Open >>
Berkshire, England (Sportsbook Betting Lines) - European Ryder Cup captain Colin
Montgomerie fired an eight-under 62 on Monday to qualify for his 21st
consecutive British Open.
Montgomerie matched the 18-hole scoring record on Sunn
Three races, three horses claim victories >>
Philadelphia, PA (Sportsbook Betting Lines) - The 2010 Triple Crown series provided
little intrigue over the five weeks. No 'super horse' stepped forward for the
races after the elimination of the injured Eskendereya.
Lookin At Lucky, 2009 ch
Ravens T Gaither signs tender >>
Owings Mills, MD (Sportsbook Betting Lines) - Baltimore Ravens offensive tackle Jared
Gaither signed his restricted free agent tender on Monday.
Gaither, 24, has spent all three of his professional seasons with the Ravens
and has started 28 of th
Amazing Nadal, surprising Schiavone shine in City of Light >>
Philadelphia, PA (Sportsbook Betting Lines) - Order was somewhat restored with Rafael
Nadal titling in Paris, but the women's edition of the 2010 French Open failed
to make a whole lot of sense, considering Francesca Schiavone somehow won it
all on the c
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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