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05/07/2010 - Hartford, CT (Sportsbook Betting Lines) - The University of Connecticut is reportedly set to give men's head basketball coach Jim Calhoun a contract extension through the 2013-14 season.
According to the Hartford Courant, UConn will hold a press conference on Friday morning to announce the move. The report cites a source as saying the extension is worth $13 million over five years and is retroactive to the 2009-10 season.
If those figures are correct, Calhoun will receive a significant raise on the $1.6 million he earned in the final year of his current contract that was slated to expire in June.
The 67-year-old, who guided the Huskies to a pair of national titles in 1999 and 2004, experienced health problems during an up-and-down 2009-10 campaign and left the team for seven games.
A three-game winning streak shortly after Calhoun's return gave the Huskies hope for a possible at-large bid into the NCAA Tournament, but those dreams were dashed with a four-game losing streak to end the season, including an embarrassing 75-53 loss to St. John's in the first round of Big East tourney.
UConn ended the season 18-16, including a lowly 7-11 mark in conference play. They lost to Virginia Tech in the second round of the NIT.
In his 24 years with the program, the Huskies have gone 575-221. He also coached 14 seasons at Northeastern, compiling a record of 248-137.
In 2009, Calhoun became the seventh Division I coach in NCAA history to reach 800 career wins.
<< Bergesen, Wigginton help Orioles blank Twins
Minneapolis, MN (Sportsbook Betting Lines) - Brad Bergesen pitched 6 2/3 scoreless
frames, and Ty Wigginton's two-run homer accounted for all the scoring, as the
Baltimore Orioles opened up a four-game set at Target Field with a 2-0 win
over th
<< Martinez knocks in four as BoSox sweep Angels
Boston, MA (Sportsbook Betting Lines) - Victor Martinez went 2-for-4 with a two-run
homer and four runs batted in, leading the Red Sox in an 11-6 slugfest win
over the Angels to sweep a four-game series at Fenway Park.
Dustin Pedroia added
<< Magic pull away late, down Hawks in Eastern Conference semifinals
Orlando, FL (Sportsbook Betting Lines) - Dwight Howard scored 29 points and pulled down
17 rebounds, and the Magic pulled away in the fourth quarter for a 112-98 win
over Atlanta in Game 2 of their Eastern Conference semifinal series.
Although the
<< Eveland pitches Jays to win over White Sox
Chicago, IL (Sportsbook Betting Lines) - Dana Eveland hurled seven shutout frames and
Fred Lewis drove home the run support necessary, as Toronto blanked the White
Sox, 2-0, in the opener of a four-game set at U.S. Cellular Field.
Eveland (3-1) ou
Rays move to 12-1 on road, sweep Mariners >>
Seattle, WA (Sportsbook Betting Lines) - Jeff Niemann hurled seven scoreless innings and
Carl Crawford clubbed a two-run homer, as the Tampa Bay Rays defeated Seattle,
8-0, to complete a three-game sweep at Safeco Field.
Crawford finished 3-for-5 and
Mr. Clutch: Ethier's ninth-inning slam helps Dodgers avoid sweep >>
Los Angeles, CA (Sportsbook Betting Lines) - Andre Ethier belted a game-ending grand
slam with one out in the ninth inning, and the Los Angeles Dodgers topped
Milwaukee, 7-3, to avert a three-game sweep.
Jonathan Broxton (2-0) blew the save o
Wizards' Arenas out of halfway house for gun count >>
GREAT FALLS, Va. (AP) -Gilbert Arenas has arrived home from the halfway house where he lived for nearly a month as part of his sentence for bringing guns into the Washington Wizards locker room.Arenas left the work-release facility in the Maryland s
UNC's Wear brothers to transfer >>
Chapel Hill, NC (Sportsbook Betting Lines) - North Carolina's basketball program took
a hit for next season with the announcement that sophomore forward brothers
David and Travis Wear are transferring.
"Their father called me last night and asked f
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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