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07/20/2010 - Berlin, Germany (Sportsbook Betting Lines) - Germany boss Joachim Loew signed a two-year extension Tuesday that will keep him with the team through Euro 2012.
Loew, who took over after the 2006 World Cup, has led Germany to second place in Euro 2008 and third place in the 2010 FIFA World Cup. His contract expired in June, but the 50-year-old will stay on for at least two more years.
Assistant coach Hansi Flick, team manager Oliver Bierhoff and goalkeeper coach Andreas Kopke have also signed two-year extensions.
"We're all happy that we'll be continuing to work with the national side together. Our team has excellent prospects and it will be a great challenge for us after the success at the World Cup in South Africa to get down to tackling preparations for Euro 2012," Loew said.
Germany Football Association President Theo Zwanziger called signing Loew his "number one priority."
"The coach's signature is immensely important for this still-young national team, and that is why continuing to work with Joachim Loew and his staff was my number one priority all along," Zwanziger said.
Germany opens Euro 2010 qualifying on Sept. 3 at Belgium. Austria, Azerbaijan, Kazakhstan and Turkey are also in Group A of qualifying.
<< Kovalchuk happy to return to New Jersey
Newark, NJ (Sportsbook Betting Lines) - The New Jersey Devils made it official on
Tuesday and re-introduced superstar left wing Ilya Kovalchuk, who agreed to a
17-year contract worth a reported $102 million on Monday.
Kovalchuk was acquired by
<< Changes spice up SWAC competition
Birmingham, AL (Sportsbook Betting Lines) - Prairie View A&M quarterback K.J. Black
remembers - rather painfully, perhaps - some of the blitzes that came his way
during Southwestern Athletic Conference play last season.
"It kind of woke me up," sa
<< Gerrard commits to Liverpool
Liverpool, England (Sportsbook Betting Lines) - England captain Steven Gerrard ended
speculation about his future Tuesday, committing to Liverpool following a
meeting with new coach Roy Hodgson.
Gerrard and Spain striker Fernando Torres have
<< Monmouth Park welcomes Horse of the Year
Oceanport, NJ (Sportsbook Betting Lines) - Defending Horse of the Year Rachel Alexandra
has safely arrived at Monmouth Park in preparation of her start in Saturday's
1 1/8-mile Lady's Secret Stakes. The four-year-old champion filly was taken
from h
Westermann to leave Schalke for Hamburg >>
Gelsenkirchen, Germany (Sportsbook Betting Lines) - Germany defender Heiko Westermann is
set to leave Schalke for Hamburg, according to Schalke coach Felix Magath.
Westermann missed the recent FIFA World Cup with injury and the 26-year-old
wants st
Jets to add six names to new Ring of Honor >>
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets announced on Tuesday
that six names associated with the franchise will be added to the club's new
Ring of Honor this upcoming season.
The initial class of inductees will include
Piniella to retire at the end of the season >>
Chicago, IL (Sportsbook Betting Lines) - Chicago Cubs manager Lou Piniella has decided
to retire at the conclusion of the 2010 season.
Piniella is in his fourth season as Cubs manager. He guided the club to a
winning record in each of his fir
Hamilton's Glenn highlights CFL Players of the Week >>
Toronto, ON (Sportsbook Betting Lines) - Hamilton quarterback Kevin Glenn, Edmonton
linebacker Maurice Lloyd and kicker Noel Prefontaine, and Hamilton wide receiver
Dave Stala were selected as the CFL's top performers for Week 3 of the 2010
seaso
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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.
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