Category : bets basketball
Category : bets basketball
Philadelphia Eagles +7 vs. In the newspapers and on the Internet she always sees “point spreads” (sometimes called “lines”) on the games but isn’t exactly sure what the numbers mean. Emily’s not alone in needing the basics of point spreads explained, so let’s all learn how to read point spreads together.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
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). After this adjustment is made you get the Against The Spread result (ATS result for short).
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. New England Patriots
Not a must, but for some a mathematical approach is insightful.
In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other. 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 . Philadelphia Eagles
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. The first is from the underdog’s perspective; the later is from the favorite’s.
Understanding point spreads is a key first step to learning about sports betting.
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7.
If winning were that easy the Las Vegas and offshore 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. An Eagles bettor wins his bet either if:
Who Really “Won” the Super Bowl?
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. Philadelphia Eagles. 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:
Let’s look at Super Bowl XXXIX, New England Patriots vs. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
For Those Who Like to Consider Things Mathematically
Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
Philly wins the actual game by any amount of points .
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.
Emily loves sports – college football, NFL, and NBA.
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. 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.
What Is the Point Spread?
New England Patriots -7 vs. She knows a lot of people have a blast betting sports and wants to join the fun.
How to Read the Point Spread
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 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. Then we’ll be on our way to enjoying the fun of sports betting. 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).
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.
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. 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
Philly loses the game by less than 7 points. But Emily is unsure of how to get started with sports gambling Go Here
Pepperdine, a 4-point underdog, played after these two games were finished. I was convinced that Pepperdine would cover. (Go Quakers!) Part of me wants to bet big on Penn (they were four and a half point underdogs as I wrote this) so I can reap the financial rewards when they win. OK, there certainly has been some point shaving in the past – – the City College of New York scandal of the 1950s comes to mind – – but that doesn’t even come close to the scam that was Enron.
Most of my friends and fellow gamblers that I talked to would stick to betting on games with the spread but I foolishly followed the venture capital style of investing in college basketball. If Wake Forest won by more than 4 points he would lose his parlay bet but win $20 on the Wake bet. Sounds exactly like the trading floor of the New York Stock Exchange.
There’s also the emotion factor. Kind of like the way VCs invest in many risky companies with the hopes of having one big initial public offering make up for all the flops, I made several “money line” bets on huge underdogs. A friend of mine and I placed the same $20 bet on a 3-team parlay: Kent State, Missouri and Pepperdine. You can’t actually make bets – – they’re only for “entertainment purposes” – – but many of us were left scratching our heads about the favorites for the major awards.
Betting on sports is legal in Nevada and most of the casinos in Vegas have a section called the sports book where people place their bets and watch the games. Some of the odds did seem pretty good. Just goes to show that you can’t discount the importance of luck any time you put your money to work.
Betting on basketball isn’t even as risky as you might think.
Like investing, gambling has a lingo that you need to learn in order to be successful. Betting the money line means you think a team will win the game outright, regardless of the spread.
That’s what sleep deprivation does to you folks.
LAS VEGAS (CNN/Money) – This will be blasphemy to hardcore followers of Wall Street, those who think of the market as a rational way to try and accumulate wealth. Grrr)
Speaking of auditing, the fact that stats in college basketball cannot be manipulated is actually a reason why betting on a college basketball game might be a wiser move than buying a stock. But another part of me is slightly worried. So it would essentially be a wash. Kent State and Missouri both covered. All three teams had to cover in order to win the bet, which paid off at odds of 6 to 1. Penn didn’t cover, losing by 7 after this story was published. You don’t have to worry about whether or not Duke coach Mike Krzyzewski set up special purpose entities in order to keep some of star player Jason Williams’ turnovers off the stat sheet. It was totally irrational. (The spread is the number of points that the favored team is expected to win by while parlays are wagers that allow you to bet on several games in order to increase your payout.) And just as a market neophyte would be confused by a streaming quote feed, the rows of neon numbers on a sports book’s massive board is certainly overwhelming for the uninitiated.
(Disgruntled writer’s note: As it turned out, my fears were for naught. “Best bet on the board?” observed my friend Jamey Tesler, “Ian McKellen for Best Supporting Actor at 6-1. Kansas (boy did Holy Cross give the Jayhawks a scare!) isn’t going to announce that the NCAA is investigating it for improperly recognizing hundreds of points scored in Big 12 games from 1999.
It would have been nice to be able to make real bets on the Oscars though. Hey, I actually thought the Waves would win the game outright (similar to how many investors were convinced back in early 2000 that tech stocks could only go higher and higher) and even have a chance of upsetting Oregon in the second round. Gandalf, baby!”
Why betting is better than investing
Hoops junkies pore through the stats published in the USA Today college basketball special pullout section (an essential purchase for any NCAA fan) with the same amount of rigor that accountants use to audit financial statements.
All in all, I made six bets on Thursday and won none, for a total loss of $100. I maintain that getting too emotional about a stock is not a good thing. But after spending most of Thursday watching college basketball at the Paris Casino’s sports book in Las Vegas, I can safely say that betting on the NCAA Tournament has a lot in common with investing in stocks.
I, however, was not so wise. Huh? Ewan McGregor singing Elton John (quite badly I might add) is more worthy of the cinema’s highest honor than The Lord of the Rings, Gosford Park or In the Bedroom? Whatever.
In addition to the NCAA action, you can also get odds for the Oscars. Example. But I, hate to admit, am a bit of a hypocrite in this regard.
My friend, being a prudent lawyer, decided to bet $22 dollars on Pepperdine’s opponent, Wake Forest. Instead of P/E ratios and mutual funds, you have “point spreads” and “parlays”. What if I bet on Penn with the spread and they don’t win but lose by only three? Would it make me happy to profit from a Penn defeat? This is too disturbing a thought to consider any further.
I reacted quite angrily any time one of the CBS announcers said a bad thing about a team I bet on. It’s kind of like making a covered call on an option, selling the right to buy shares at a certain price while also having a long position on the Go Here
If you can hit the runner in the torso area (no head, no legs) while the runner is circling the bases, then the runner is out.
There are three outs per side. Plus, who doesn’t love the bright, fun color? It just feels like summer.
Throw down bases
While not a necessity (you can use landmarks, stones, and other natural markers), many people like using throw down bases. Easy to play. But if you love softball, the twelve-inch varieties are your best bet.
The wiffle ball bat
The original yellow plastic bat is a classic. These balls have oblong holes going around the top of the ball only. It’ll also score any runners already on second or third. There is no running of the bases, only pitching, hitting, and outs. Set up foul lines, a strike zone (a piece of marked cardboard can help), and field markers for a single, double, triple, and home run. A double will move an imaginary runner on first to third. If you don’t like the idea of your kids throwing wiffle balls at someone running the bases, just ignore this one. It’s great for getting summer time exercise for the kids. If you’ve got young baseball fans in the family, this is a great game to share with them.
The title says it all. You field a team, you run the bases, and you score runs. All you need is some basic equipment and you are set!
I’m a fan of the original wiffle balls, though there are variations out there. Why not just play baseball or softball you may be asking? Those can be fun summer games for kids too, but there’s a lot of cool things about wiffle ball that place it in a class all its own.
You can play at a moments notice: No need for finding gloves and protective gear, getting a team together, and getting to a field.
You can play in the country or in a more urban setting: Wiffle balls and bats were designed to make sure the balls don’t travel too far when hit or pitched. It’s light, easy to swing, and durable. A double or triple will clear the bases. For most wiffle ball game variations, you have the exact same goals as in baseball. Here are a few, but feel free to make up your own house rules, too:
When one on one, you’ve got the entire field as the defender. Proceed with caution. It gives the game a little more organized feel, and they’re really not that pricey of an accessory for the value they bring.
There are quite a few ways to play a game of wiffle ball. And a whole lot of fun!
When I was a child, there was no game I loved more than wiffle ball. Foul tips are strikes, except for the third strike (just like in baseball), and balls that aren’t swung at, but hit your strike marker are strikes as well.
The thrown ball tag variation
What is wiffle ball?
Well, simply put–it’s like baseball but with a hollow plastic bat and plastic balls made with unique (and often oblong) holes. Outs are earned by striking out, catching a ball in the air, or grabbing a ground ball while it’s still in motion. This is a game that works just as well at a group picnic or an empty basketball court, as it does in your own backyard.
This is a great way for a small team (even two people) to play a base running version of the game. I had a few wiffle balls to the head in my day, though I should say I think I’m pretty ok from it.
Technically you don’t need to have any ruled game surrounding your play time. I suggest fifteen feet per each of these markers, starting from home plate. Essentially you are moving imaginary runners around the diamond. They are easier for kids to hold and throw, and they are a bit more challenging to hit. There are lots of ways to play (well beyond the official rules), it’s cheap to set up, and, perhaps most importantly, it’s an outside game so everyone can enjoy the beautiful sunny weather. If you can catch up to a fly ball (in fair or foul territory) or a moving ground ball in fair territory, you can snag it for an out, no matter where on the field. Pitch the ball, hit the ball, move runners forward, and get the batter out. Outs are scored by striking out, a defender catching a fly in fair or foul territory, but with a ground ball, there needs to be a tag or a force out (touch a base before a runner who is forced to move gets to it, due to a hit).
Just for kicks
What makes wiffle ball special?
The “it’s just like baseball” variation
The offical (or close to it) wiffle ball game
This is great for two players, but there can be as many as five per team. They can’t leave that area, but they can snag any balls in it. It can be a lot of fun (and great baseball and softball training) just to throw the ball, swing the bat, and field without keeping score. Your child could even play on his or her own using a wiffle ball machine like the one below.
This one is not for everyone. And when hit in the air, they can take some unusual twists and turns.
It’s pretty safe for young ones: Baseballs and baseball bats can be dangerous in young hands. It’s the only wiffle ball bat you need, no matter kid or adult. But, my friends and I loved this variation when we were kids. Here you’ll learn the basics of what you need to know (and have) to get a good game of wiffle ball going. . There are no walks as wiffle balls can be tough to control. Go Here