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04/28/2010 - Ames, IA (Sportsbook Betting Lines) - Iowa State has named Fred Hoiberg its head men's basketball coach.
Hoiberg, who starred for the Cyclones in the 1990s, will be introduced at a news conference Wednesday morning. He just finished his first season as the vice president of basketball operations for the Minnesota Timberwolves.
Iowa State needed a replacement for Greg McDermott, who left Monday to take the head coaching job at Creighton. He spent the past four seasons as head coach of the Iowa State Cyclones, going 15-17 a year ago with a 4-12 record in the Big 12, and was 59-68 overall since arriving in Ames in 2006.
The 37-year-old Hoiberg played for Iowa State from 1991-95 and then spent 10 years in the NBA, with stops in Indiana, Chicago and Minnesota. He averaged 5.4 points over a 541-game career.
Hoiberg received the nickname "The Mayor" when he received a write-in vote for the Ames, Iowa mayoral race. He was honored as Mr. Basketball in Iowa for 1991 and the following season he enrolled at Iowa State.
Hoiberg served as Minnesota's assistant general manager for three seasons after retiring from the NBA on April 17, 2006. He also had heart surgery on June 28, 2005 to correct an enlarged aortic root.
<< Several Senators facing surgery
Ottawa, ON (Sportsbook Betting Lines) - Several members of the Ottawa Senators are
slated undergo surgeries to fix a slew of injuries.
The Ottawa Sun reported late Tuesday that defenseman Chris Phillips, long-time
captain Daniel Alfredsson and f
<< Rockies crush D-Backs with early burst of offense
Denver, CO (Sportsbook Betting Lines) - Carlos Gonzalez went 3-for-5 with five RBI, and
Colorado crushed Arizona, 12-1, in the second installment of a three-game set.
Ubaldo Jimenez (5-0) remained perfect on the young season, extending his
scor
<< Domination in the desert: Red Wings crush Coyotes in Game 7
Glendale, AZ (Sportsbook Betting Lines) - Pavel Datsyuk and Nicklas Lidstrom both scored
twice, as the Detroit Red Wings pounded the Phoenix Coyotes, 6-1, in Game 7 of
the last Western Conference quarterfinal series.
Brad Stuart and Todd Bertuzzi also
<< Hanigan paces Reds over Astros
Houston, TX (Sportsbook Betting Lines) - Ryan Hanigan drove in three runs in
Cincinnati's 6-2 win over the Houston Astros in the opener of a three-game set
at Minute Maid Park.
Jonny Gomes and Drew Stubbs each knocked in a run for the Re
Beef 'O' Brady's Bowl St. Petersburg inks deal with Big East, C-USA >>
St. Petersburg, FL (Sportsbook Betting Lines) - The Beef 'O' Brady Bowl St. Petersburg
signed a four-year deal on Tuesday with the Big East Conference and Conference
USA through the 2013 college football season.
This season's contest will be played
Kearns drive in five as Indians blast Angels >>
AAnaheim, CA (Sportsbook Betting Lines) - Austin Kearns homered and drove in a
season-
high five runs to pace the Cleveland Indians over the Angels, 9-2, in the
middle contest of a three-game set at Angel Stadium.
Shin-Shoo Choo added two h
Lakers pummel Thunder, take 3-2 series lead >>
Los Angeles, CA (Sportsbook Betting Lines) - Pau Gasol poured in 25 points and pulled
down 11 rebounds, and the Los Angeles Lakers crushed the Thunder, 111-87, to
move ahead after five games of their Western Conference quarterfinal series.
Kobe
Penn football player's death was suicide, mom says >>
PHILADELPHIA (AP) -The mother of a University of Pennsylvania football player found dead earlier this week says he committed suicide.Katherine Brearley says her son Owen Thomas was very self-directed but that his intensity ``spiraled out of control.
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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