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08/06/2010 - St. Paul, MN (Sportsbook Betting Lines) - The Minnesota Wild on Friday agreed to terms with unrestricted free agent forward John Madden on a one-year contract.
Financial terms of the deal were not released.
Madden, one of the better defensive forwards and face-off men in the league, spent last season with the Chicago Blackhawks, posting 10 goals with 23 points in 79 regular-season games. He added one goal and one assist in 22 playoff tilts for the Stanley Cup champions.
Prior to that, the 37-year-old Ontario native spent nine-plus seasons (1998-2004; 2005-09) with the New Jersey Devils, winning a pair of Stanley Cups in 2000 and 2003.
"It's not every day you can add a three-time Stanley Cup winner to your roster," said Wild general manager Chuck Fletcher. "Not only does John add depth at the center position, but he also brings character and a winning tradition to the locker room."
A Selke Trophy winner in 2001, Madden was an undrafted free agent out of the University of Michigan, where he was part of the Wolverines' 1996 NCAA title.
Over 791 career games with the Devils and Blackhawks, Madden has collected 150 goals and 320 points. In 134 playoff tilts, he's tallied 21 goals with 43 points.
<< Ravens place CB Harris on IR
Westminster, MD (Sportsbook Betting Lines) - The Baltimore Ravens have placed cornerback
Walt Harris on injured reserve.
Harris was signed in early July after missing all of last season because of a
torn ACL he suffered in 2009 offseason workouts whi
<< Red Sox place Okajima on DL
Bronx, NY (Sportsbook Betting Lines) - The Boston Red Sox have placed pitcher Hideki
Okajima on the 15-day disabled list.
Red Sox manager Terry Francona, in an interview on WFAN-AM in New York, said
Okajima has a hamstring injury.
Okajima is
<< Polynice transfers from Ole Miss to Seton Hall
South Orange, NJ (Sportsbook Betting Lines) - Seton Hall has announced that guard Eniel
Polynice has transferred from Ole Miss and will be eligible to play this
season.
Polynice will not have to sit out a year, as he received a waiver from
<< Malisse ousts Berdych in D.C.
Washington, DC (Sportsbook Betting Lines) - Belgian Xavier Malisse upended top-seeded
Tomas Berdych in Friday's quarterfinal action at the $1.402 million Legg
Mason Tennis Classic, a hardcourt U.S. Open Series event.
The once-promising 30-year-old
Fire bring left back Segares back into fold >>
Chicago, IL (Sportsbook Betting Lines) - The Chicago Fire reacquired defender Gonzalo
Segares, the Major league Soccer club announced on Friday.
The 27-year-old Costa Rican defender rejoins the Fire on a free transfer after
spending six months with
Afinogenov heading to Russia >>
St. Petersburg, Russia (Sportsbook Betting Lines) - Forward Maxim Afinogenov, who skated
with the Atlanta Thrashers last season, has decided to play in Russia's
Kontinental Hockey League in 2010-11.
On Friday, Sov Sport magazine reported that
Union jump right back into action at Dallas >>
Frisco, TX (Sportsbook Betting Lines) - The Philadelphia Union jump right back into
Major League Soccer action on Sunday at FC Dallas, three days after a 2-1 loss
at home to the Eastern Conference leading Columbus Crew.
Philadelphia forward Seba
South Carolina G Nainima has successful surgery >>
Columbia, SC (Sportsbook Betting Lines) - South Carolina senior guard Valerie Nainima
underwent successful surgery to repair a torn anterior cruciate ligament in
her right knee.
South Carolina medical director Dr. Jeffrey Guy performed the p
Now, it's okay to call the league hypocritical when it releases injury reports, which players have told me only helps bettors. And it's okay to mutter something obscene when the league pretends gambling doesn't help drive TV ratings and fan interest and put money in owners' pockets. But when it supports other forms of gaming? Big Deal. The Bears should put an orange "C" on every deck of cards dealt at Harrah's in Joliet; the Eagles should slap their logo on roulette wheels at the Borgata in Atlantic City; the Dolphins should hold training camp at the El San Juan in Puerto Rico.
Seriously.
The NFL's problem, when it comes to the gambling world, isn't hypocrisy, it's worse: The bosses lack vision. That's why the league is picking unwinnable fights in Delaware and taking pot shots from critics after making smart sponsorship deals. Roger Goodell and his gang are acting and thinking locally rather than globally, which is rare for them, especially compared to their professional (and amateur) counterparts.
The NBA held its All Star game in Las Vegas and David Stern's kingdom didn't crumble (although the town did bring plenty of players to their knees.) I'd say it's 6 to 5 and pick 'em that Lebron will make a road swing through Sin City before his career is over.
Even the NCAA College Football Betting is more progressive on this issue than the NFL. Several years ago Rachel Newman Baker, college sports' gambling czar, opened a dialogue with Vegas bookmakers to learn about how they do business. She's visited Nevada sports books, studied their operations and listened to how they regulate action. Now she knows she can expect a call from bookmakers, who lose money when sports are fixed, if they think something sketchy is going on in NCAA games. She's not in favor of sports betting, but, as she once told me, "I know it's not going away, either."
The NFL can't seem to accept that. And until it can find peace with the idea, it'll get flack, even when it's right.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts MasterCard needs.
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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