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07/20/2010 - Phoenix, AZ (Sportsbook Betting Lines) - The Phoenix Suns introduced Lon Babby as the organization's next president of basketball operations at a news conference on Tuesday.
Babby joins the Suns as the successor to Steve Kerr, whose contract was not renewed and has since re-joined TNT as a game analyst. The Arizona Republic earlier reported the club is still likely to hire a new general manager. Kerr wore both hats during his tenure with the club, first joining the Suns as part-owner and consultant in 2004 before taking the reins as president and general manager in June 2007.
The addition of Babby to Phoenix's front office is a seldom-followed path, as the 59-year-old served as a player agent and practiced sports law for nearly 35 years with Williams & Connolly LLP. Most notably, Babby represented Suns forward Grant Hill, Spurs forward Tim Duncan, Rockets forward Shane Battier and Celtics guard Ray Allen after entering into player representation in 1994.
"Our organization is fortunate to have someone of Lon's experience and talent to head-up our basketball staff," said Suns managing partner Robert Sarver. "He brings with him a unique set of skills and a great reputation in the business."
Babby has also represented numerous professional baseball players and has served as club counsel, then general counsel for the Washington Redskins (1977-1980) and Baltimore Orioles (1979-1994). In addition, he is a member of the Board of Trustees of the Naismith Memorial Basketball Hall of Fame.
A graduate of Lehigh University and Yale Law School, Babby becomes only the fourth basketball president in the team's 43-year history.
<< Panthers ink third-rounder LaFell
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have signed third-
round draft pick wide receiver Brandon LaFell.
LaFell, selected 78th overall out of Louisiana State, ranks second in school
history with 25 touchdown recepti
<< Heat bring in veteran Howard
Miami, FL (Sportsbook Betting Lines) - The Miami Heat continued their radical roster
reshaping on Tuesday by signing journeyman forward Juwan Howard.
Per club policy, terms of the deal were not disclosed. However, the South
Florida Sun-Sentin
<< Cubs recall P Stevens, option Atkins
Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs promoted pitcher Jeff Stevens
from Triple-A Iowa on Tuesday.
The 26-year-old joins the big club for the third time this season and has
pitched to a 5.71 earned run average without recordi
<< Defending champ Davydenko advances at Hamburg
Hamburg, Germany (Sportsbook Betting Lines) - Top seed and defending champion Nikolay
Davydenko advanced with an easy second-round victory on Tuesday at the German
Open Tennis Championships, on a day which saw nearly every other seeded player
fall.
Bucs sign second round pick DT Price >>
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers agreed on a four-year
contract with defensive tackle Brian Price, one of the team's 2010 second-
round picks on Tuesday.
Financial terms of the deal were not announced.
"I'm gl
Orioles demote Tillman again >>
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles optioned pitcher
Chris Tillman back to Triple-A Norfolk on Tuesday.
Tillman was 1-4 with a 7.92 earned-run average in six starts over two stints
with the Orioles this sea
Lakers C Bynum to have surgery next week >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Lakers revealed that center
Andrew Bynum will undergo surgery to repair a tear of the meniscus in his
right knee next week.
Bynum, who had the knee drained on June 22, had previousl
Sky Blue fires Miettinen, names Stainton new coach >>
Somerset, N.J. (Sportsbook Betting Lines) - Sky Blue FC of Women's Professional Soccer
announced Monday that Pauliina Miettinen and assistant coach Anne Parnila were
relieved of their coaching duties with the team, and that assistant coach Rick
Stainto
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.
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