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07/27/2010 - Jacksonville, FL (Sportsbook Betting Lines) - EverBank and the Jacksonville Jaguars announced a five-year agreement Tuesday for the naming rights to the team's stadium.
EverBank Field will replace the moniker of Jacksonville Municipal Stadium, which has stood since 2007 when Alltel completed a 10-year agreement.
The joint announcement was made by team owner Wayne Weaver, EverBank CEO Rob Clements and Jacksonville city council president Jack Webb Tuesday.
"I clearly think it's a game-changer," Weaver said of the deal. "Today's announcement demonstrates (EverBank's) confidence that Jacksonville is a viable football market."
The Florida Times-Union reported Monday the terms call for the team to receive 75 percent of the stadium naming rights revenues and the city 25 percent. The Jacksonville city council is expected to approve of the deal at a meeting Tuesday night.
"It's our belief that this partnership will continue," said Clements. "It reflects our strong conviction in this team and in this city. We are major stakeholders in this city and we believe we're going to have a long-term relationship with the team."
<< Giants S Jones released from hospital
East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants rookie safety Chad
Jones was released from the Hospital for Special Surgery Tuesday after
spending nearly a month there following a serious car accident last month.
Jones is
<< Hot Fish pulls out of LA event
Los Angeles, CA (Sportsbook Betting Lines) - Red-hot American Mardy Fish pulled out of
the $700,000 Farmers Classic tennis event on Tuesday, citing fatigue and an
ankle injury.
An eighth-seeded Fish was scheduled to meet German Benjamin Becker in an
<< Player of the 3/4 Year
Philadelphia, PA (Sportsbook Betting Lines) - Can you believe that the FedEx Cup
Playoffs begin four weeks from Thursday?
You probably can - you understand time at this point in your life - but the
regular season in golf is almost over. Do we have a l
<< Bartoli reaches second round in Stanford
Stanford, CA (Sportsbook Betting Lines) - Reigning champion Marion Bartoli was a first-
round victor Tuesday at the $700,000 Bank of the West Classic tennis event.
The former Wimbledon runner-up Bartoli handled American Ashley Harkleroad 6-1,
6-4 on t
Patriots place WR Welker on unable to perform list >>
FOXBOROUGH, Mass. (AP) -The New England Patriots say they have placed wide receiver Wes Welker on the active/physically unable to perform list.Welker, who has made a strong recovery from knee surgery in February, could come off the list at any time,
Marlins release Robertson >>
San Francisco, CA (Sportsbook Betting Lines) - The Florida Marlins released pitcher Nate
Robertson a week after designating him for assignment.
Robertson allowed eight runs (seven earned) in five innings and took the
loss in last Tuesday's game
MLS names inactive All-Stars >>
New York, NY (Sportsbook Betting Lines) - Major League Soccer announced the final seven
All-Stars on Tuesday, although the additions are inactive for Wednesday's game
against Manchester United at Reliant Stadium in Houston, Texas.
Goalies Jimmy Niels
Report: Bengals sign Terrell Owens >>
Cincinnati, OH (Sportsbook Betting Lines) - A report on the Cincinnati Bengals'
website cites a league source as saying the team has agreed to terms on a one-
year contract with wide receiver Terrell Owens.
The source indicated Owens is expected to
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.
Kurt Warner to start, Matt Leinart to watch
Despite the debate that's swirling , Kurt Warner will remain the starting quarterback for the Arizona Cardinals, coach Dennis Green said today. The Arizona Cardinals are the +7 point underdog at online sportsbook MySportsbook.com for this Sunday's game.
Green's comment came in a statement released by the team following an ESPN report that Green decided that rookie Matt Leinart would replace Warner as starter for Sunday's game at Atlanta.
"Generally talking about the starting lineup is not something we do," Green told the AP. "However, given the speculation that was out there we want to make it clear. We're disappointed after last week, but we still expect to be a playoff football team and we fully expect Kurt Warner to be the quarterback that leads us. That has not changed."
To visit this online sportsbook got to MySportsbook.com for all your bet on football needs.
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