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07/05/2010 - Tampa, FL (Sportsbook Betting Lines) - The University of South Florida has extended the contract of men's basketball coach Stan Heath through the 2014-15 season.
Heath has guided the Bulls to a record of 41-51 in three seasons, which included a 20-13 mark and an NIT appearance in 2009-10. South Florida also had its best season in the Big East with nine regular-season victories, more than doubling the previous best total of four, and also notched a win in the Big East Tournament for the first time.
"I am very pleased to extend Stan's contract," said USF athletic director Doug Woolard. "In just three years, he has been able to position our men's basketball program as a viable competitor within the Big East Conference and nationally. Winning games in the best conference in America is no small feat, and to have us in the postseason in that period of time is one heck of an achievement.
"More importantly, I believe he is doing a terrific job of laying the foundation for continued success. We have every intention of competing at the very highest level in men's basketball at USF, and Stan is providing the leadership necessary to do that."
Heath's previous contract was due to expire on August 1, 2012.
"My family and I are honored and appreciative of USF's commitment to our basketball program," said Heath. "My staff and I look forward to the work ahead in building a championship program. It's an exciting time to be a USF Bull."
USF will return six letterwinners for the 2010-11 campaign, as well as Kansas State transfer Ron Anderson, who sat out 2009-10.
Heath spent one season as the head coach at Kent State and five years at Arkansas before taking over at South Florida. He has a career head coaching record of 151-131 in nine seasons.
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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.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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