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06/10/2010 - Lawrence, KS (Sportsbook Betting Lines) - The University of Kansas announced Thursday its athletics director of the past seven years, Lew Perkins, will retire effective September 4, 2011.
The revelation comes in the midst of a huge shift in the college landscape, as Colorado has announced its intentions to leave the Big 12 Conference for the Pac-10, while Nebraska is expected to bolt for the Big Ten as early as Friday, causing many to question the viability of the Big 12 going forward.
The Jayhawks have won the past six Big 12 regular season championships in men's basketball.
"I have loved my time here at the University of Kansas and I will continue leading Kansas athletics over the course of the next year," Perkins said. "At this time, my greatest priority is working on conference alignment issues, and as I've committed to the chancellor, I will work tirelessly on these efforts. Conference alignment is the biggest challenge we have before us as an athletics department and an institution."
Under Perkins, the Kansas athletics budget has more than doubled from $27 million to $55 million.
The highlight of his tenure was the 2008 NCAA men's basketball title, but the past few months have been mired in controversy, which includes a five-year ticket scandal that is currently being investigated by federal investigators, the tumultuous release of head football coach Mark Mangino that resulted in a $3 million settlement, and allegations of a former KU employee regarding an improper exchange of exercise equipment for preferential seating and irregularities in the school's drug-testing program.
Perkins, who was the head of athletics at the University of Connecticut for 13 years prior to taking over at Kansas, was cleared of the latter charge on Wednesday, as an investigation ordered by chancellor Bernadette Gray-Little found no evidence to substantiate the claims.
<< Blue Jays put McDonald on bereavement list
St. Petersburg, FL (Sportsbook Betting Lines) - The Toronto Blue Jays on Thursday placed
infielder John McDonald on the bereavement list and selected the contract of
outfielder Dewayne Wise.
McDonald was batting .250 with three RBI in 16 games fo
<< Brewers edge Cubs in 10th on error
Milwaukee, WI (Sportsbook Betting Lines) - Carlos Gomez scored the game-winning run on a
throwing error in the bottom of the 10th inning, as the Milwaukee Brewers
edged the Chicago Cubs, 5-4, in the rubber match of a three-game series at
Miller
<< Cahill shines as A's top Angels
Oakland, CA (Sportsbook Betting Lines) - Trevor Cahill pitched a career-high eight
innings and held the Angels to one run, as the Athletics earned a split of a
four-game series against their American League West rivals with a 6-1 win.
Cahill (
<< Quintero helps Astros edge Rockies
Denver, CO (Sportsbook Betting Lines) - Humberto Quintero went 3-for-4 with a solo homer
and knocked in two, as the Houston Astros held on for a 5-4 win over the
Colorado Rockies in the finale of a four-game series at Coors Field.
Tommy Manzella
Boston OF Ellsbury has different rib fracture >>
Cleveland, OH (Sportsbook Betting Lines) - The Boston Red Sox do not expect outfielder
Jacoby Ellsbury back in the lineup any time soon, as a recent MRI showed a
different fracture of his left ribs than the one he suffered earlier in the
season.
Braves score four in ninth to get by Diamondbacks >>
Phoenix, AZ (Sportsbook Betting Lines) - Pinch-hitter Brian McCann smacked a go-ahead
RBI single in the Braves' four-run ninth inning, as Atlanta rallied past
Arizona, 11-7, to earn a split in the four-game series.
The Diamondbacks scored t
Feng leads State Farm by one >>
Springfield, IL (Sportsbook Betting Lines) - Shanshan Feng fired an eight-under 64
Thursday to grab a one-stroke lead after the opening round of the State Farm
Classic.
Juli Inkster and Na Yeon Choi closed within one of Feng's lead as they
Westwood takes 1-shot lead in Memphis >>
Memphis, TN (Sportsbook Betting Lines) - Lee Westwood fired a seven-under 63 to take the
first-round lead Thursday at the suspended St. Jude Classic, the final tune-up
for next week's U.S. Open, where the world No. 3 from England figures to be
one of
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.
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