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07/20/2010 - Chicago, IL (Sportsbook Betting Lines) - Longtime men's head basketball coach Jimmy Collins announced his retirement Tuesday after 14 years at the University of Illinois at Chicago.
The move is effective August 31, 2010 and UIC director of athletics Jim Schmidt said the school will conduct a national search for a new coach.
"It is difficult to leave UIC and the great student-athletes who are returning," said Collins. "After much introspection, I feel it is my time to enjoy retirement and have more time with my family. I have enjoyed the opportunity to do something that is dear to my heart for so long, and that is special."
Collins took the job at UIC in March of 1996 and was the longest tenured NCAA Division I men's basketball coach in the state of Chicago. He leaves as the all-time winningest coach in school history with a 218-208 record and guided the Flames to three NCAA Tournament appearances (1998, 2002, 2004) and one NIT bid (2003).
Collins topped the 20-win plateau on four occasions, including a school-record 24 victories in 2003-04 when the program captured its second Horizon League tournament championship under his direction.
Before coming to UIC, Collins spent 13 seasons as an assistant to Lou Henson at Illinois.
<< This Week in Auto Racing July 23 - 25
Indianapolis, IN (Sportsbook Betting Lines) - NASCAR is in Indianapolis this weekend,
and that means someone will kiss the bricks at the "big" track, while a lot of
beating and banging will go on at the nearby "short" track. The IZOD IndyCar
Series
<< Angels recall O'Sullivan to start against Yankees
Bronx, NY (Sportsbook Betting Lines) - The Los Angeles Angels recalled pitcher Sean
O'Sullivan from Triple-A Salt Lake on Tuesday to replace the injured Scott
Kazmir in a start against the Yankees.
Kazmir, who was placed on the disabled list
<< Brad Miller officially signs with Rockets
Houston, TX (Sportsbook Betting Lines) - The Houston Rockets officially brought center
Brad Miller into the fold on Tuesday after signing him to a previously
reported three-year, $15 million contract.
Miller, 34, averaged 8.8 points, 4.9 re
<< Manny Ramirez lands on DL again
Los Angeles, CA (Sportsbook Betting Lines) - Los Angeles Dodgers star outfielder Manny
Ramirez was placed on the 15-day disabled list Tuesday due to a calf injury.
Ramirez suffered the injury in the first inning of last Friday's 8-4 loss to
the C
Johnson aiming for fourth Brickyard 400 win >>
Indianapolis, IN (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Sunday,
July 25. Race: Brickyard 400. Site: Indianapolis Motor Speedway. Track: 2.5-
mile rectangle. Start time: 1:00 p.m. (et). Laps: 160. Miles: 400. 2009
winner: Jimmie Joh
Will the Edwards-Keselowski feud boil over to ORP? >>
Clermont, IN (Sportsbook Betting Lines) - Series: NASCAR Nationwide. Date: Saturday,
July 24. Race: Kroger 200. Site: O'Reilly Raceway Park at Indianapolis. Track:
0.686-mile oval. Start time: 8:00 p.m. (et). Laps: 200. Miles: 137.2. 2009
winner: Carl Ed
Trucks join Nationwide at ORP >>
Clermont, IN (Sportsbook Betting Lines) - Series: NASCAR Camping World Truck. Date:
Friday, July 23. Race: AAA Insurance 200. Site: O'Reilly Raceway Park at
Indianapolis. Track: 0.686-mile oval. Start time: 8:00 p.m. (et). Laps: 200.
Miles: 137.2. 2009 w
Power looking for his fifth road/street course win in 2010 >>
Edmonton, Canada (Sportsbook Betting Lines) - Series: IZOD IndyCar. Date: Sunday, July
25. Race: Honda Indy Edmonton. Site: City Centre Raceway. Track: 1.96-mile,
14-turn temporary street/airport course. Start Time: 6:00 p.m. (et). Laps: 95.
Miles: 186.2
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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