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01/30/2012 - Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers signed veteran outfielder Corey Patterson to a minor league deal on Monday.
He did not receive an invitation to spring training and will begin the 2012 season with Milwaukee's Triple-A club in Nashville.
Patterson, an 11-year MLB veteran, split time last season between the Toronto Blue Jays and the World Series champion St. Louis Cardinals, posting a .239 average, six home runs and 36 RBI.
Patterson had a brief stint with Milwaukee in 2009. In 11 games for the Brewers, he was just 1-for-14 at the plate (.071).
Patterson broke into the major leagues in 2000 with the Chicago Cubs after being selected third overall in the 1998 draft.
In 1,230 career games, Patterson has a .252 average with 118 home runs and 431 RBI.
<< Orioles invite P Galarraga, others to spring training
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles signed and invited 14
non-roster players to spring training. Among those with previous major league
experience are pitchers Armando Galarraga and Pat Neshek and catcher Ronny
Paulino
<< Porto stunned at Gil Vicente
Lisbon, Portugal (Sportsbook Betting Lines) - FC Porto fell five points back of league-
leaders Benfica on Sunday after sustaining a surprising 3-1 defeat at Gil
Vicente.
The home side brought a five-match winless streak into the contest against
<< Godin helps Atletico hold off Osasuna
Navarra, Spain (Sportsbook Betting Lines) - Atletico Madrid climbed to seventh in La
Liga on Monday after Diego Godin's first-half goal handed Atletico a 1-0 win
at Osasuna.
The goal arrived five minutes before halftime when a corner ki
<< Charleston Southern sets 2012 schedule
Charleston, SC (Sportsbook Betting Lines) - Charleston Southern football will kick off
its 2012 season at crosstown rival The Citadel and make a trip to the
University of Illinois as part of an 11-game schedule announced on Monday.
The Buccaneers, fro
Nyjer Morgan to practice with NHL's Sharks >>
San Jose, CA (Sportsbook Betting Lines) - Milwaukee Brewers outfielder Nyjer Morgan, who
once played junior hockey but chose a career in professional baseball instead,
will lace up his skates once again with the NHL's San Jose Sharks.
The Sharks said
Report: Flood agrees to coach Rutgers >>
(Sportsbook Betting Lines) - Kyle Flood has reportedly agreed to become the permanent
head football coach at Rutgers.
Flood agreed to the job hours after Florida International's Mario Cristobal
turned Rutgers down, The New York Times reported Mo
Argonauts name new president >>
Toronto, Ontario (Sportsbook Betting Lines) - Bob Nicholson resigned as president and
CEO of the Toronto Argonauts on Monday, and Chris Rudge has been named his
successor.
Argonauts owner David Bradley announced the change in leadership, s
Former Canisius basketball coach Curran dies >>
Buffalo, NY (Sportsbook Betting Lines) - Former Canisius basketball coach Joseph Curran
has died, the school said Monday. He was 89.
Canisius said Curran passed away Saturday in Mystic, Connecticut, but did not
give a cause of death.
He coached C
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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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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