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03/08/2010 - Miami, FL (Sportsbook Betting Lines) - The Miami Dolphins officially re-signed quarterback Chad Pennington on Monday.
The Miami Herald reported last week Pennington inked a one-year contract worth $2.5 million to remain with the Dolphins, whom he guided to an unlikely playoff berth in 2008.
Pennington was Miami's starting QB at the beginning of last year but suffered a season-ending shoulder injury in the third game, allowing Chad Henne to come in and secure the starting spot behind center.
The 10-year veteran spent the first eight years of his career with the Jets and has thrown for over 3,000 yards three times.
Despite a history of shoulder issues, the Marshall product has thrown for 17,804 yards and 102 touchdowns as compared to 64 interceptions in 89 career games. His career 66.1 completion percentage ranks first all-time in the NFL.
<< Hawaii fires men's basketball coach Nash
Honolulu, HI (Sportsbook Betting Lines) - The University of Hawaii announced Monday it
has fired head men's basketball coach Bob Nash.
Hawaii went 10-20 and did not qualify for the Western Athletic Conference
Tournament this season, Nash's thi
<< Roethlisberger investigation continues
Milledgeville, GA (Sportsbook Betting Lines) - Milledgeville police chief Woodrow Blue
said Monday at a brief press conference that arrangements are being made to
interview Steelers quarterback Ben Roethlisberger, who was recently accused
of sex
<< Texans retain WR Walter, P Turk
Houston, TX (Sportsbook Betting Lines) - The Houston Texans made it official on Monday
by re-signing wide receiver Kevin Walter and punter Matt Turk after both
become unrestricted free agents on Friday.
Terms of the contracts were not disclos
<< Lions re-sign TE Heller
Allen Park, MI (Sportsbook Betting Lines) - The Detroit Lions on Monday re-signed tight
end Will Heller to a three-year contract.
Heller played in all 16 games (nine starts) last season, his first with the
Lions after spending the three previous y
Senators sign D Lee to two-year contract >>
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators have signed defenseman Brian
Lee to a two-year contract.
The 22-year-old Lee has split time this season between Ottawa and Binghamton
of the American Hockey League. In 18 NHL games, Lee h
Chiefs bring back WR Chambers >>
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs re-signed wide
receiver Chris Chambers on Monday. Details of the contract were not
announced.
The 11-year veteran started the last nine games in 2009 and had 36 catch
Bills sign OL Green >>
Orchard Park, NY (Sportsbook Betting Lines) - The Buffalo Bills have signed offensive
lineman Cornell Green to a multi-year contract.
Green, who will turn 34 years old this August, spent the last three seasons
with the Oakland Raiders and made 3
Panthers release FB Hoover >>
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have released veteran
fullback Brad Hoover, the team announced Monday.
Hoover has spent all 10 of his NFL seasons with the Panthers, and last season
played in 11 games, serving as
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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