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02/08/2010 - Montreal, QC (Sportsbook Betting Lines) - Montreal Canadiens general manager Bob Gainey will reportedly step down from his post, as the team has scheduled a press conference for 4 p.m. (et).
According to a report by TSN Canada, assistant general manager Pierre Gauthier will take over on an interim basis. Montreal is currently 28-26-6 and sits in sixth place in the Eastern Conference.
Gainey has served as the team's general manager since June of 2003, and the Habs have posted a 241-176-46-7 record with four playoff appearances since his hiring.
In 2007-08, the Canadiens went 47-25-10 and finished first in the Eastern Conference with 104 points. Montreal was then upended by the Philadelphia Flyers in a five-game conference semifinal series.
During his tenure with the club, Gainey also served as head coach for the second half of 2005-06 before handing the job to Guy Carbonneau following the season.
Gainey had a lengthy playing career with the Habs prior to his ascension into the front office, spending 16 years with the team and winning five Stanley Cup championships.
Following his time in the NHL, the 56-year-old became the head coach of the Minnesota North Stars in 1990-91, helping the team get to the Stanley Cup Finals. Serving as the head coach until 1996, when the team was located in Dallas, he was also the franchise's general manager from 1992-2002 and guided the Stars to a 1999 Stanley Cup championship.
<< Safina will skip Dubai
Moscow, Russia (Sportsbook Betting Lines) - Former world No. 1 Dinara Safina will miss
next week's WTA Tour event in Dubai because of a back injury.
The currently world No. 2 star was forced to retire from her fourth-round
match at last month
<< Kansas still No. 1, Syracuse slides up to No. 2
New York, NY (Sportsbook Betting Lines) - Kansas remained the top team in the latest
Associated Press men's college basketball poll, while Syracuse moved up one
spot to No. 2.
The Jayhawks (22-1) regained the top spot last week after spending
<< Ovechkin heads NHL's Three Stars
New York, NY (Sportsbook Betting Lines) - Washington Capitals forwards Alex Ovechkin and
Nicklas Backstrom, along with newly minted Maple Leaf goaltender Jean
Sebastien Giguere, have been named the NHL's 'Three Stars' for the week ending
Februar
<< Patrick given green light for Daytona Nationwide race
Daytona Beach, FL (Sportsbook Betting Lines) - IndyCar series star Danica Patrick will
continue to be in the spotlight during Speedweeks at Daytona International
Speedway.
Patrick announced on Monday she will make her Nationwide Series debu
Vesnina, Szavay advance in France >>
Paris, France (Sportsbook Betting Lines) - Eighth-seeded Elena Vesnina and Hungarian
Agnes Szavay were Monday's first-round winners at the $700,000 Open GDF Suez
tennis tournament.
The Russian Vesnina vaulted past Romanian Alexandra Dulgheru 6
Clippers' Kaman to replace injured Roy in All-Star Game >>
New York, NY (Sportsbook Betting Lines) - Los Angeles Clippers center Chris Kaman
was named the replacement for injured Portland Trail Blazers guard Brandon Roy
Monday for the NBA All-Star Game to be held February 14 in Dallas.
Kaman, a sevent
Pacers' Foster to have season-ending back surgery >>
Indianapolis, IN (Sportsbook Betting Lines) - Indiana Pacers forward/center Jeff Foster
will undergo season-ending surgery for lower back pain following the All-Star
break.
Foster is expected to make a full recovery and participate in training camp
This Week in Golf - February 11th through February 14th >>
Philadelphia, PA (Sportsbook Betting Lines) - PGA TOUR - AT&T PEBBLE BEACH NATIONAL PRO-
AM, Pebble Beach Golf Links, Monterey Peninsula Country Club Shore Course,
Spyglass Hill Golf Course, Pebble Beach, California - It's one of most popular
eve
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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