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07/08/2010 - Oklahoma City, OK (Sportsbook Betting Lines) - Forward Kevin Durant has officially signed a multi-year contract extension with the Oklahoma City Thunder. The deal is reportedly for five years.
"Today is an exciting and important day in the growth of the Thunder organization," Thunder general manager Sam Presti said. "The mutual and substantial commitment by both Kevin and our ownership group comes by way of aligned values and vision. Kevin's consistent work ethic, humility, team-first mentality and strong community investment are just some of the reasons that today's commitments stretch beyond our franchise and throughout our community and the entire state of Oklahoma."
Durant's agent, Aaron Goodwin, earlier told the Oklahoman the deal is worth close to $85 million and runs through the 2015-16 season without a player option that would have allowed for free agency after the fourth year.
"I am excited to remain a part of the Thunder organization and the Oklahoma City community," said Durant. "This is a big day for my family and myself. I would like to thank God for putting me in this position, the Thunder for believing in me since I was drafted and my teammates for supporting and encouraging me everyday."
Durant is the reigning NBA scoring leader after averaging 30.1 points while appearing in all 82 regular-season games in 2009-10. He set a franchise record by scoring 30-plus points on 47 occasions last season and helped lead the team to the playoffs for the first time since the 2004-05 season.
Also, his 756 made free throws were a franchise-best and the most recorded in a single season since Michael Jordan connected on 833 during the 1986-87 campaign.
Taken second overall by the defunct Seattle SuperSonics in the 2007 draft, Durant has averaged 25.3 points, 6.2 rebounds and 2.7 assists for his career.
"Kevin Durant personifies what we are building with the Oklahoma City Thunder," said Thunder chairman Clay Bennett. "His dedication to his teammates, to continually working at his game, and to this community is at the core of what we want this organization to represent. We are excited to have the opportunity to continue to watch Kevin evolve as a player and just as thrilled to have someone of his personal character on our team."
<< Florida's Ramirez to debut in HR Derby
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Toronto, ON (Sportsbook Betting Lines) - Twins All-Star first baseman Justin Morneau,
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Ainge: Forget LeBron, Celtics team to beat in East >>
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Blue Jays homer five times, take series vs. Twins >>
Toronto, ON (Sportsbook Betting Lines) - Alex Gonzalez drove in three runs and Brett
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LeBron joins Wade, Bosh in South Beach >>
Greenwich, CT (Sportsbook Betting Lines) - LeBron James made the rumors a reality on
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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.
Super Bowl XLIII is now set, the Arizona Cardinals and the Pittsburgh Steelers will meet each other on February 1st in Tampa's Raymond James Stadium to battle it out for the coveted Lombardi Trophy. The game kicks off at 6:00pm ET on NBC with announcers Al Michaels and John Madden covering the on-field action. Super Bowl XLIII betting odds at online bookmaker MySportsbook.com have the Steelers listed as an early -6.5 against the spread favorite.Super Bowl XLIII Betting Odds
Pittsburgh earned their passage to the big game by beating their division rival, the Baltimore Ravens, 23-14 in yesterday's AFC Championship Game. The Steelers jumped on Baltimore early, building a 13-0 first half lead, and never let up on their way to a fairly easy win. Although the Ravens did close to within two points in the fourth quarter, it never appeared as if they had enough offense to pull off the upset.
The Steelers dominating defense held Baltimore to a total of 198 yards while allowing them to convert just three third downs in 13 attempts. Pittsburgh also forced quarterback Joe Flacco into three interceptions, one of which safety Troy Polamalu returned fourty yards for a touchdown.
The Cardinals, by far the playoff team with the longest odds to reach Super Bowl XLIII, did so yesterday with a 32-25 upset of the Philadelphia Eagles in the NFC Championship. Arizona charged out of the gates and built a 24-6 halftime lead that had the Eagles venerable defense reeling. Quarterback Kurt Warner and wide receiver Larry Fitzgerald did most of the damage, connecting on three first half touchdowns.
Arizona, however, could not sustain their momentum and the Eagles took a 25-24 with 10:45 left to play in the fourth. The Cardinals, with the franchise's first Super Bowl appearance hanging in the balance, mounted a fourteen play, 72 yard touchdown drive that consumed 7:52 off the clock. Warner hit running back Tim Hightower on a short screen for the go-ahead, game clinching score that will forever live in Cardinal infamy.
MySportsbook.com's Super Bowl XLIII Betting Odds:
Pittsburgh Steelers -6.5 (-110), Over 46.5 (-110), -260 (Money line)
Arizona Cardinals +6.5 (-110), Under 46.5 (-110), +220 (Money line)
Matt Foust won both of his conference championship plays yesterday and he is ready to serve up plenty of Super Bowl action. Each individual play costs $15.00, however, MySportsbook.com recommends purchasing Matt's NFL Playoff Package which includes all of Matt's Super Bowl props and picks from just $45.00.
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