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07/14/2010 - El Segundo, CA (Sportsbook Betting Lines) - The Los Angeles Lakers have re-signed free agent guard Derek Fisher, the club announced Wednesday.
Per team policy, no details of the deal were released. However, according to a report in Monday's Los Angeles Times, Fisher has agreed to a three-year deal to remain with the team he helped to the last two NBA titles.
Fisher, who turns 36-years old in August, was reportedly being wooed by Pat Riley and the new-look Heat after LeBron James and Chris Bosh signed contracts with the team last week.
But Fisher will stay in LA, where he has spent 11 of his 14 NBA seasons, including the last three. Fisher was also with the Lakers for their three- peat from 2000-2002.
"At the end of the day, there's one person I could not turn away from. Kobe Bryant asked me to stay but supported whatever decision I made. He and I have played together for 11 seasons, came into the league together as kids, and has been loyal to me even when others had doubts," Fisher said in a statement. "I have decided to continue with Kobe, continue with our teammates and the fans of Los Angeles...Let the hunt for six begin."
Despite averaging only 7.5 points and 2.5 assists during the 2009-10 regular season, Fisher contributed 10.3 points and 2.8 assists on the championship run this past season.
For his career, the Arkansas-Little Rock product has logged 9.0 points and 3.2 assists in 1,028 regular-season games, which included stints in Golden State (2004-06) and Utah (2006-07).
<< Jermaine O'Neal officially headed to Boston
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have signed center/forward
Jermaine O'Neal.
As per team policy, no terms of the deal were announced.
However, according to a report in last week's Boston Globe, O'Neal agreed to
the mi
<< Sixers sign top pick Turner
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia 76ers have signed guard
Evan Turner, the second overall selection in the 2010 NBA Draft.
No terms of the deal were released.
As a junior last season, Turner scored 20.4 points per g
<< Caps bring in Willsie
Arlington, VA (Sportsbook Betting Lines) - The Washington Capitals signed right wing
Brian Willsie to a one-year contract on Wednesday. Financial terms of the deal
were not disclosed.
Willsie, 32, appeared in just four games with Colorado last sea
<< Schiavone will skip Slovenian event
Portoroz, Slovenia (Sportsbook Betting Lines) - French Open champion Francesca Schiavone
will miss next week's WTA Tour event in Slovenia, citing a left wrist injury.
The world No. 8 was slated to be the second seed at the $220,000 Slovenia
Open.
Turkoglu headed to Phoenix for Barbosa, Jones >>
Toronto, ON (Sportsbook Betting Lines) - The Toronto Raptors have traded forward Hedo
Turkoglu to the Phoenix Suns in exchange for guard Leandro Barbosa and
forward/center Dwayne Jones.
Turkoglu signed a long-term contract with Toronto last season as
Titans agree to terms with Curran, Ryan >>
Nashville, TN (Sportsbook Betting Lines) - The Tennessee Titans have agreed to terms
on contracts with linebacker Rennie Curran and free agent tight end Sean Ryan.
Curran was the team's second third-round selection, 97th overall, in the 2010
NFL
Oilers bring back Jacques >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers have agreed to terms
with left-winger J.F. Jacques on a one-year contract.
Jacques tallied four goals and seven assists in 49 games, all career-bests,
last season before a back inj
Knicks sign Russian C Mozgov >>
New York, NY (Sportsbook Betting Lines) - The New York Knicks signed free agent
center Timofey Mozgov, who spent the last four seasons playing in Russia.
Mozgov, who officially signed on Tuesday, averaged 7.5 points, 4.8 rebounds,
1.0 bloc
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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