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Warriors sold for record price
Basketball Betting Lines
07/15/2010 - Oakland, CA (Sportsbook Betting Lines) - The Golden State Warriors have been sold to Joseph Lacob for a record price of $450 million, according to a report Thursday from the Oakland Tribune.
Chris Cohan, who had owned the team since 1995, accepted the bid from the group headed by Lacob, currently part owner of the Boston Celtics. The price exceeds the $401 million Robert Sarver needed to buy the Phoenix Suns back in 2004.
The deal still must be approved by the NBA and its board of governors.
The Warriors were a disappointing 26-56 last season, finishing with the third worst record in the Western Conference.
Bastad, Sweden (Sportsbook Betting Lines) - Second-seeded Spaniard Fernando Verdasco and two-time champion Tommy Robredo of Spain were among Thursday's second- round winners at the Swedish Open. Fourth-seeded Nicolas Almagro was also a Spanish
<< Ex-Bearcats coach Minter among five new Indiana State assistants
Terre Haute, IN (Sportsbook Betting Lines) - Former University of Cincinnati football
coach Rick Minter has joined third-year Indiana State coach Trent Miles' staff
as one of five new assistants.
The 55-year-old Minter was named linebackers coach. In
<< Miller joins Heat
Miami, FL (Sportsbook Betting Lines) - Mike Miller has become the latest player to join
the Miami Heat.
Miller said the transaction was official on his personal website.
"It's official," Miller tweeted. "Thanks to the Miami Heat organization, Mr.
<< Red Wings re-sign D Meech
Detroit, MI (Sportsbook Betting Lines) - The Detroit Red Wings re-signed defenseman
Derek Meech to a one-year contract on Thursday. Financial terms of the deal
were not disclosed.
Meech appeared in 49 games last season for Detroit and logge
<< Nuggets re-sign Carter, add Shelden Williams
Denver, CO (Sportsbook Betting Lines) - The Denver Nuggets brought back guard Anthony
Carter on Thursday and also added free agent forward/center Shelden Williams.
The 35-year-old Carter posted 3.3 points and 3.0 assists per contest in 54
games
Philadelphia, PA (Sportsbook Betting Lines) - It's been a typical summer along the North Side of Chicago. The sun is shining, the bleachers and rooftops that surround the incomparable Wrigley Field are packed to the gills, and the beer pours endlessly fr
Hurricanes to retire Brind'Amour's number >>
Raleigh, NC (Sportsbook Betting Lines) - Rod Brind'Amour will have his No. 17 jersey
retired by the Carolina Hurricanes prior to a February 18, 2011 contest
against the Philadelphia flyers.
Brind'Amour announced his retirement after a 20
Davydenko ousted in Stuttgart >>
Stuttgart, Germany (Sportsbook Betting Lines) - Top-seeded Nikolay Davydenko came up a
second-round loser Thursday at the Mercedes Cup tennis event.
Spaniard Daniel Gimeno-Traver upended the speedy world No. 6 Russian star in
7-6 (9-7), 2-6, 6-1
Nets ink first-round picks Favors, James >>
East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets signed 2010 first-
round draft picks Derrick Favors and Damion James on Thursday.
The Nets selected Favors with the third overall pick after the 6-foot-10, 246-
pound forward aver
Blue Jackets re-sign Sestito >>
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets have re-signed
forward Tom Sestito to a one-year contract.
Financial terms of the two-way deal were not disclosed.
Sestito appeared in three games for the Blue Jackets last s
Work left to do: Villanova, Syracuse, DePaul, West Virginia, Providence
Notre Dame and Louisville appear to have done enough to make the move, so we'll make them locks. The Cardinals, despite a modest RPI, are trending way up and have clinched at least a tie for third in the Big East, which should be more than enough with their pair of big road wins. Villanova got back to .500 and gets back to more solid footing. Syracuse got a very important road win and crippled a fellow contender in the process. West Virginia's fate could be in its hands Tuesday at Pitt.
Work left to do:
Villanova [18-9 (7-7), RPI: 21, SOS: 5] Pounded Rutgers to get back to .500. If Cats can get their last two (at UConn, vs. Syracuse), that should be enough with strong computer numbers and a host of wins away from The Pavilion. The Cats have beaten Texas and swept the Big 5 (never easy in Philly), but have a couple of losses to bubble teams (Xavier, Drexel), too. I still think they'll be OK, possibly even at 8-8.
Syracuse [20-8 (9-5), RPI: 53, SOS: 62] History says 10 wins will be plenty, but it might be hard for the Orange to get that last one with a final two vs. G'town, which is trying to win the league title, and at Villanova, which will be desperate for a W. The relative lack of nonconference heft and the weak computer numbers are still concerns, but the Orange have won four in a row and got a very, very big win at Providence on Saturday.
DePaul [16-12 (8-7), RPI: 54, SOS: 18] Beat Cincy and should get past South Florida to get to 9-7, but then what? They have beaten Kansas and Cal (right after the DeVon Hardin injury) earlier this season, but also have lost to Bradley and Purdue, among others. They'll likely need a couple of BE tourney wins, too, but we'll see ...
West Virginia [19-7 (8-6), RPI: 58, SOS: 125] The game at Pitt on Tuesday night could decide the Mountaineers' fate (barring a deep tournament run). They can still get to 9-7 in the Big East without it by beating Cincinnati, but the nine wins would be against UConn, Villanova, St. John's, South Florida, DePaul, Rutgers, Seton Hall twice and the Bearcats. Beating bubble foes is fine, but where's the beef? Outside of beating PG-less UCLA in nonconference play (still a top quality win), there's not a lot to fall back on (besides maybe NC State). WVU vs. Syracuse would be an interesting debate, as the teams don't play in the Big East regular season. WVU has the best win, but Cuse has played the much better schedule.
Providence [17-10 (7-7), RPI: 70, SOS: 33] The Friars likely saw their at-large hopes die at home in the four-point loss to Syracuse, barring an unexpected run to the Big East semis or more. The RPI, bad already, won't be helped by playing St. John's and South Florida in the final two league games.
For more March Madness odds go to MySportsbook.com
For more College Basketball betting lines go to BettingExpress.com
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
What Is the Point Spread?
What are Sports Betting Point Spreads?
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.
How to Read Point Spreads
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:
- Philly wins the actual game by any amount of points
OR
- Philly loses the game by less than 7 points.
-
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.
For Those Who Like to Consider Things Mathematically
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
- Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
OR
- Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
Who Really “Won” the Super Bowl odds ?
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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