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03/07/2010 - Bogota, Colombia (Sportsbook Betting Lines) - Former PGA Tour winner Steve Pate parred the second playoff hole Sunday to defeat Aaron Watkins and win the inaugural Bogota Open.
Pate, the third-round leader, only managed an even-par 71 in the final round, but it was enough to match Watkins (68) in regulation at 11-under-par 273.
This was Pate's first Nationwide Tour victory, but he is a six-time winner on the PGA Tour and a two-time U.S. Ryder Cupper.
Jamie Lovemark (65), William McGirt (70) and Tag Ridings (71) shared third place at minus-nine.
Andrew Buckle (66), Kent Jones (68) and John Riegger (68) tied for sixth at eight-under 276.
MORE TO FOLLOW.
<< Mallorca moves level with Sevilla in La Liga
Mallorca, Spain (Sportsbook Betting Lines) - Julio Alvarez, Victor Casadesus and Pierre
Webo scored and Mallorca topped Sporting Gijon 3-0 on Sunday at the ONO Estadi
to move level with fourth-place Sevilla in Spain's La Liga.
Mallorca won for the 11
<< K-State signs Martin to contract extension
Manhattan, KS (Sportsbook Betting Lines) - Kansas State signed head men's basketball
coach Frank Martin to a three-year extension on Sunday.
Martin, who had two years remaining on his original deal, is signed through
the 2014-15 season.
"Coa
<< Northern Iowa claims second straight MVC crown
St. Louis, MO (Sportsbook Betting Lines) - Kwadzo Ahelegbe poured in a game-high 24
points to go along with five rebounds, as the top-seeded Northern Iowa
Panthers punched their ticket to the NCAA Tournament by taking down the
second-
<< Leuer and Taylor lead Wisconsin over Illinois
Champaign, IL (Sportsbook Betting Lines) - Jon Leuer and Jordan Taylor each scored 20
points to lead 15th-ranked Wisconsin to a 72-57 victory over Illinois at
Assembly Hall.
Trevon Hughes posted a double-double with 14 points and 11 reboun
UConn crushes Syracuse to tie record >>
Hartford, CT (Sportsbook Betting Lines) - Tina Charles tied a career-high with 34
points, as top-ranked Connecticut clobbered Syracuse, 77-41, in the
quarterfinals of the Big East Tournament.
It's the 70th consecutive win for the
Canucks rally in third to beat Preds >>
Nashville, TN (Sportsbook Betting Lines) - Jannik Hansen scored the game-winner in the
third, as the Vancouver Canucks rallied for a 4-2 win over the Nashville
Predators.
Henrik Sedin had a goal and an assist, while Alexander Edler and
Kurt Busch prevails in a wild one at Atlanta >>
Hampton, GA (Sportsbook Betting Lines) - Kurt Busch avoided tire issues and held off the
field in a second green-white-checkered finish to win the Kobalt Tools 500 at
Atlanta Motor Speedway for the second year in a row.
Busch squeezed his way from
Bordeaux maintains edge over Montpellier >>
Bordeaux, France (Sportsbook Betting Lines) - Alberto Costa scored in stoppage time, but
Montpellier wasted a chance to take over the lead in France's Ligue 1, because
Bordeaux goalie Cedric Carrasso saved two penalties in a 1-1 tie Sunday at the
Stade J
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 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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