Orioles hire Buck Showalter as manager

Baseball Betting Lines

07/29/2010 -

BALTIMORE (AP) -The Baltimore Orioles have hired Buck Showalter to be their manager.

Showalter's first game will be Tuesday night at Camden Yards against the Los Angeles Angels.

Orioles president of baseball operations Andy MacPhail confirmed the hiring on Thursday.

Showalter's move was first reported by ESPN. Showalter had been working for ESPN.

Showalter won AL Manager of the Year awards with Texas and the New York Yankees. He also guided the Arizona Diamondbacks.

The Orioles have the worst record in the majors and are headed toward their 13th straight losing season. They fired manager Dave Trembley last month and replaced him on an interim basis with Juan Samuel.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

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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 .

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