Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
07/19/2010 - Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers have named Rich Cho as the team's new general manager.
No financial terms of the deal were announced.
Cho had spent the past nine seasons as assistant GM of the Seattle SuperSonics/Oklahoma City Thunder and was responsible for constructing trades, contract negotiations, salary cap and Collective Bargaining Agreement matters, player contracts and all player personnel issues.
"Rich Cho joins us as one of the new generation of general managers in the NBA," said team owner Paul Allen. "We were all impressed with the depth and breadth of his skill-set and we know his leadership will be critical to make our great organization even more successful."
The 44-year-old Cho was initially an intern with Seattle before becoming a part-time consultant in 1997. Later that year, he was brought on as the team's director of basketball affairs and held the position for three years until his promotion to assistant GM.
He also served as vice president of legal affairs for the Sonics from 2005-07 and was charged with the legal work involved with sponsorship agreements, licensing issues, immigration issues and employment contracts.
"Rich is the perfect fit for our organization," said team president Larry Miller. "He has the right balance of basketball knowledge, business acumen and tremendous people skills. Rich will be a great fit for our organization and is an executive on the rise."
Cho,who grew up in Federal Way, Washington and graduated from Washington State University, said he is thrilled to be joining the Blazers.
"As someone who grew up in the northwest, I'm aware of the unbelievable passion and support that Trail Blazers fans have, and I'm excited to be a part of this rich tradition."
Portland finished sixth in the Western Conference last season with a 50-32 mark and fell to the Phoenix Suns in the first round of the playoffs.
<< NL West: Injuries piling up in LA
(Sportsbook Betting Lines) - Imagine the San Diego Padres trying to stay atop the NL
West standings without Adrian Gonzalez, Chase Headley and Yorvit Torrealba.
The Los Angeles Dodgers would certainly enjoy seeing that happen, but they're
the one
<< Hurricanes sign C Nash
Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes have signed center
Riley Nash to a three-year, entry-level contract.
The deal will pay Nash $550,000 in 2010-11, $600,000 in 2011-12 and $700,000
in 2012-13 at the NHL level.
H
<< Wrong year for Life At Ten to be so good
Philadelphia, PA (Sportsbook Betting Lines) - When the two leading thoroughbreds in
training are also the top female racehorses in the country, it becomes
difficult for any other filly or mare to get recognized.
This is the situation that confronts fi
<< Celtics re-sign Nate Robinson
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have re-signed guard Nate
Robinson.
Terms of the deal were not released, but the Boston Herald reported last week
that the diminutive guard agreed to a two-year, $8 million pact.
Bosto
Miyazato replaces Kerr as women's No. 1 >>
Philadelphia, PA (Sportsbook Betting Lines) - Ai Miyazato has replaced Cristie Kerr atop
the world rankings for women's golf.
The two players are just about tied, with Miyazato holding a lead of 0.0006
average points over Kerr.
Kerr snatched t
Rays sign OF Baldelli to minor league deal >>
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays signed veteran
outfielder Rocco Baldelli to a minor league contract on Monday and assigned
him to Single-A Charlotte.
The 28-year-old was taken with the sixth overall pick b
Galarraga rejoins Tigers >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Tigers have recalled pitcher
Armando Galarraga from Triple-A Toledo.
The right-hander was sent to the minor leagues on July 7 following his start
the day before against Baltimore, when he
Olaru among winners in Bad Gastein >>
Bad Gastein, Austria (Sportsbook Betting Lines) - Ioana Raluca Olaru of Romania was
among the first-round winners Monday at the Gastein Ladies tennis tournament.
Olaru rallied for a 1-6, 6-4, 6-3 victory over Germany's Kathrin Woerle on the
red
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.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting