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07/19/2010 - Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers have traded left wing Simon Gagne to the Tampa Bay Lightning in exchange for defenseman Matt Walker and fourth-round pick in 2011 NHL Entry Draft.
Gagne, an oft-injured but talented forward, had one year left on his contract worth a reported $5.25 million and had to waive his no-trade clause. The Flyers also needed to make a move to get under the salary cap and add depth on the blue line.
"This was a move to solidify our defense," said Flyers general manager Paul Holmgren. "Matt Walker is a right shot defenseman that we like; he brings size, grit and toughness to our back end. Simon Gagne played 10 seasons for the Flyers and was not only a good player for us, but also handled himself in a first class manner on and off the ice."
The 30-year-old Gagne was the longest-tenured Flyer, spending 10 seasons with the franchise. He appeared in just 58 games this past season, sitting out the first 24 contests following abdominal surgery, and notched 17 goals with 23 assists for 40 points.
A broken foot suffered in the first round of the playoffs this spring, though, only cost him four games as he returned well ahead of the projected 2-to-4 week prognosis. He tallied nine goals and three assists for 12 points in 19 games to help the Flyers reach the Stanley Cup Finals.
"I'm very excited right now," Gagne said. "I'm looking at this opportunity as a new challenge and a new start. Tampa Bay was a team I was more than willing to waive my no move clause for. I really like the direction the team is headed in with a solid owner, Steve Yzerman as GM and coach Boucher. I'm really looking forward to playing with guys like [Vincent] Lecavalier, [Steven] Stamkos and [Martin] St. Louis. I'm excited to be a member of the Lightning and I'm looking forward to starting next season in Tampa Bay."
Concussion and groin problems allowed him to play just 46 games during the 2002-03 season and he appeared in only 25 games in 2007-08 because of concussion symptoms.
Gagne has twice reached the 40-goal plateau and in 664 career regular-season games has compiled 259 goals with 265 assists for 524 points.
"In adding Simon to the Lightning today, we acquire a very talented player that will play alongside our top forwards," said Lightning general manager Steve Yzerman. "With his combination of speed and skill we are excited to have him with us and grateful he was willing to waive his no movement clause. This trade not only makes us a better team in the short-term, it helps create long- term flexibility for us, which all along has been one of our top priorities."
Walker had signed a multi-year deal last summer and spent just one season with the Lightning. He posted a mere two goals with three assists for five points and had a minus-11 rating in 66 games.
The 30-year-old veteran has also played for the Blues and Blackhawks in his seven-year career. He has four goals and 26 assists for 30 points in 306 NHL games.
<< Bills sign third round draft pick Carrington
Orchard Park, NY (Sportsbook Betting Lines) - The Buffalo Bills signed rookie defensive
end Alex Carrington to a four-year contract on Monday.
Financial terms of the deal were not disclosed.
Carrington was selected in the third round, 72nd overall,
<< Olaru among winners in Bad Gastein
Bad Gastein, Austria (Sportsbook Betting Lines) - Ioana Raluca Olaru of Romania was
among the first-round winners Monday at the Gastein Ladies tennis tournament.
Olaru rallied for a 1-6, 6-4, 6-3 victory over Germany's Kathrin Woerle on the
red
<< Galarraga rejoins Tigers
Detroit, MI (Sportsbook Betting Lines) - The Detroit Tigers have recalled pitcher
Armando Galarraga from Triple-A Toledo.
The right-hander was sent to the minor leagues on July 7 following his start
the day before against Baltimore, when he
<< Rays sign OF Baldelli to minor league deal
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays signed veteran
outfielder Rocco Baldelli to a minor league contract on Monday and assigned
him to Single-A Charlotte.
The 28-year-old was taken with the sixth overall pick b
Orioles activate Scott from DL >>
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles have reinstated
outfielder Luke Scott from the 15-day disabled list.
Scott was placed on the DL July 1 with a left hamstring strain that he
suffered while running the b
General Quarters suffers ankle injury >>
Arlington Heights, IL (Sportsbook Betting Lines) - Fan favorite General Quarters came
out of Saturday's Arlington Handicap with an injured ankle. The four-year-old
colt finished sixth as the 5-2 second choice in the 11 horse field in the
Arlingt
Sherritt, Reynolds among preseason Big Sky honorees >>
Ogden, UT (Sportsbook Betting Lines) - Eastern Washington's J.C. Sherritt, the 2009 Buck
Buchanan Award runner-up, has been named the 2010 Big Sky Conference preseason
defensive player of the year. Montana's Chase Reynolds has been named the
preseason o
Howard takes home NL weekly honors >>
New York, NY (Sportsbook Betting Lines) - Philadelphia Phillies first baseman Ryan
Howard has been named the National League Player of the Week for the
period ending July 18.
Howard batted .400 and blasted four home runs over an abbre
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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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