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07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies completed their trade for Roy Oswalt on Thursday, acquiring the pitcher from the Houston Astros.
The Phillies also received cash considerations, and sent pitcher J.A. Happ and two prospects -- outfielder Anthony Gose and infielder Jonathan Villar -- to Houston.
Oswalt will make his first Phillies start Friday in Washington.
Oswalt is owed approximately $5 million for the remainder of this season. He's due to make $16 million next season and there is a club option of $16 million in 2012 or a $2 million buyout.
The 32-year-old Oswalt, who has only pitched for Houston over his 10-year career, is 6-12 with a 3.42 ERA this season. He's lost his last two starts, but has received little run support from his team. In fact, the Astros have scored two runs or less each of the last six times he's pitched.
With 143 wins, Oswalt is one victory shy of matching Joe Niekro as the all- time leader in Astros franchise history.
The addition of Oswalt gives the surging Phillies a powerful 1-2-3 punch in the rotation, led by Roy Halladay and Cole Hamels. Additionally, the Phillies acquired a frontline starter for the second straight season, having traded for Cliff Lee last year.
Lee helped the Phillies reach the World Series for a second consecutive year in 2009, and Philadelphia is hoping Oswalt will help the club in its push to get back there this year.
The Phillies have won a season-best seven games in a row and were 3 1/2 games behind first-place Atlanta in the NL East standings following Wednesday's games. The Astros are well out of the playoff race at 42-59, and now lose the face of their rotation.
In return, Houston gets a young left-hander in Happ. The 27-year-old broke out in 2009, when he went 12-4 with a 2.93 earned run average in 35 games (23 starts). He had three complete games, two shutouts and finished second in the NL Rookie of the Year voting.
Happ has made only three starts this season, as he went on the disabled list in April with a left forearm strain. On Sunday, Happ made his first start since returning from the DL, and is 1-0 with a 1.76 ERA this year.
<< Howell's 64 leads Irish Open
Killarney, Ireland (Sportsbook Betting Lines) - England's David Howell fired a seven-
under 64 on Thursday to take the first-round lead at the Irish Open at
Killarney Golf & Fishing Club.
Richard Green and Damien McGrane both posted ro
<< Rain wipes out Day 4 in Umag
Umag, Croatia (Sportsbook Betting Lines) - Rain washed away Thursday's second-round
schedule at the clay-court Croatia Open.
Second-seeded French Open semifinalist Jurgen Melzer of Austria was scheduled
to face Czech Jan Hajek and third-seede
<< Big South teams embrace playoff bid
Philadelphia, PA (Sportsbook Betting Lines) - Almost everywhere you look, Liberty is
considered the prohibitive favorite to win the Big South football title this
fall.
The rest of the conference, however, has motivation that goes way beyond
feeling o
<< Schiavone ousted in Istanbul
Istanbul, Turkey (Sportsbook Betting Lines) - French Open champion Francesca
Schiavone was a second-round loser Thursday at the $220,000 Istanbul Cup
hardcourt tennis event.
Britain's Elena Baltacha sent the top-seeded Schiavone pa
Sabres' Kennedy awarded one-year deal >>
Buffalo, NY (Sportsbook Betting Lines) - Buffalo Sabres forward Tim Kennedy was awarded
a one-year contract worth $1 million by an arbitrator on Thursday.
Per guidelines set in the NHL's current Collective Bargaining Agreement, the
Sabres cannot
NCAA penalizes Arizona basketball program >>
Indianapolis, IN (Sportsbook Betting Lines) - The NCAA has penalized the University of
Arizona for major violations involving the men's basketball program.
The NCAA said in its release that the violations, which include
impermissible
Desmond helps Nats win series from Braves >>
Washington, DC (Sportsbook Betting Lines) - Ian Desmond went 2-for-3 with a home run and
drove in two, as the Washington Nationals edged the Atlanta Braves, 5-3, in
the rubber match of a three-game series.
Scott Olsen (3-2), who was reinstated from
Real Madrid sold its 'soul' to Schalke >>
Philadelphia, PA (Sportsbook Betting Lines) - Raul in Royal Blue? Fitting, I guess, even
if it's tough to imagine. Raul ended his 16-year stay at Real Madrid this week
and started his second life at Schalke on Thursday.
Signed to a "lifetime contract"
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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