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03/11/2010 - New Haven, CT (Sportsbook Betting Lines) - The University of Connecticut and men's head basketball coach Jim Calhoun are reportedly close to a contract extension.
The New Haven Register, citing a source with knowledge of the situation, stated Thursday that the two parties will agree to a multi-year deal.
Calhoun's six-year contract expires 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 17-15, including a lowly 7-11 mark in conference play.
In his 24 years with the program, the Huskies have gone 573-218. He also coached 14 seasons at Northeastern, compiling a record of 250-137.
In 2009, Calhoun became the seventh Division I coach in NCAA history to reach 800 career wins.
<< Broncos re-sign DL Smith; cut LB Davis
Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos on Thursday re-signed
defensive lineman Le Kevin Smith and released linebacker Andra Davis.
Smith was acquired by Denver in a trade with New England last August. He
played in 13
<< Ganassi, Penske drivers set to battle for 2010 IndyCar title
Sao Paulo, Brazil (Sportsbook Betting Lines) - The IndyCar Series -- with new title
sponsor IZOD -- kicks off its 2010 season this weekend in Brazil, marking the
first time the series competes in a South American country. With 17 races on
the schedule, t
<< Clark found guilty in murder of Broncos CB Darrent Williams
Denver, CO (Sportsbook Betting Lines) - Willie Clark has been found guilty in the fatal
drive-by shooting of Denver Broncos cornerback Darrent Williams.
A Denver jury convicted Clark of the crime Thursday. He was convicted on all
21 charges, inclu
<< Schwartzel finds himself alone in front at Doral
Miami, FL (Sportsbook Betting Lines) - South Africa's Charl Schwartzel posted a
brilliant, bogey-free, five-under 67 on Thursday to take the first-round lead
of the WGC-CA Championship.
Schwartzel braved tough, windy conditions at the TPC Bl
Bulls' Rose leaves with sprained wrist >>
Orlando, FL (Sportsbook Betting Lines) - Chicago Bulls All-Star point guard Derrick
Rose left Thursday's game against the Magic with a left wrist injury.
Rose was driving the lane in the first quarter and ran into Orlando center
Dwight Howard
UC Irvine hoops coach will not return >>
Irvine, CA (Sportsbook Betting Lines) - The University of California-Irvine announced
on Thursday that head men's basketball coach Pat Douglass will not return next
season.
Douglass, who had been at the helm of the Anteaters for the last 13 seaso
Capitals clinch Southeast Division >>
Columbus, OH (Sportsbook Betting Lines) - Thanks to Atlanta's 2-1 loss to Columbus on
Thursday, the Washington Capitals clinched the Southeast Division crown.
The Capitals had Thursday off, but were able to win the Southeast Division for
the third str
K-State tops OSU, moves into Big 12 semis >>
Kansas City, MO (Sportsbook Betting Lines) - Jamar Samuels scored a career-high 27
points, going 7-of-9 from the field, and pulled down 10 rebounds as ninth-
ranked Kansas State blew out Oklahoma State, 83-64, in the quarterfinals of
the Big
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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