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<< Scott leads Virginia over Virginia Tech
Blacksburg, VA (Sportsbook Betting Lines) - Mike Scott had 20 points and nine rebounds on Tuesday, leading No. 25 Virginia to a 61-59 win over Virginia Tech. Sammy Zeglinski and Jontel Evans both added 13 points for the Cavaliers (21-6, 8-5 ACC),

<< Oilers handle Flames
Calgary, AB (Sportsbook Betting Lines) - Sam Gagner and Jordan Eberle scored and added two assists apiece, leading the Edmonton Oilers to a 6-1 victory over the Calgary Flames in this season's fifth installment of the Battle of Alberta at Scotiab

<< No. 1 Kentucky survives scare from Mississippi State
Starkville, MS (Sportsbook Betting Lines) - Kentucky was knocked around by Mississippi State early, but the No. 1 Wildcats survived the test and overcame a 13-point halftime deficit en route to a 73-64 victory to secure at least a share of the SEC reg

<< Scott leads Virginia over Georgetown
Blacksburg, VA (Sportsbook Betting Lines) - Mike Scott had 20 points and nine rebounds on Tuesday, leading No. 25 Virginia to a 61-59 win over Virginia Tech. Sammy Zeglinski and Jontel Evans both added 13 points for the Cavaliers (21-6, 8-5 ACC),

Green and Colorado State get past New Mexico >>
Fort Collins, CO (Sportsbook Betting Lines) - Dorian Green scored 17 points and Pierce Hornung finished with a double-double, as Colorado State knocked off No. 18 New Mexico, 71-63, at Moby Arena. Hornung logged 13 points and 15 rebounds, while

FedEx extends sponsorship of FedExCup >>
Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The PGA Tour and FedEx announced on Wednesday a five-year extension of the company's sponsorship of the FedExCup. The FedExCup is a year-long competition that began in 2007. This new deal will keep

Blackwell takes over as Fordham's defensive coordinator >>
New York, NY (Sportsbook Betting Lines) - Former South Florida co-defensive coordinator David Blackwell has joined the new staff of Fordham football coach Joe Moorhead as defensive coordinator. Moorhead was named the Rams' new coach in December and is

In the FCS Huddle: Struggling programs must realize it's time >>
Philadelphia, PA (Sportsbook Betting Lines) - New head coaches, especially those with struggling teams, are often quick to sidestep questions about win totals measuring their success. You've probably heard the coach speak before: If the team gets back

2007 Academy Award Betting : Oscars odds

The 79th Annual Academy Awards odds , which will air February 25th, is sparking an interest throughout the nation with the announcement of its nominees. As the public chooses their favorites, sportsbooks are creating odds for one of the biggest entertainment betting nights of the year.

Whether its at a “Oscar Party” or in an on line sportsbook, entertainment gambling on award shows represent a huge increase in betting. As the public speculation mounts, MySportsbook.com, the largest and most respected sportsbook on the web, posted odds on who is going home with a “Golden Best Friend.”

“ We see a majority of our entertainment wagers come from the Academy Awards,” said MySportsbook.com spokesperson, Tim Dalton. “This is a competition that applies to everyone. These are the people that entertain us on a daily basis and you want to see them win.”

MySportsbook.com posted the following odds for Academy Awards:

Odds to win the Achievement in Directing:

Alejandro González Iñárritu "Babel": 8/1

Martin Scorsese "The Departed": 2/17

Clint Eastwood "Letters From Iwo Jima: 4/1

Stephen Frears "The Queen": 12/1

Paul Greengrass "United 93": 15/1

Performance by an Actor in a Leading Role:

Leonardo DiCaprio in "Blood Diamond": 11/1

Ryan Gosling in "Half Nelson": 20/1

Peter O’Toole in "Venus": 16/5

Will Smith in "The Pursuit of Happyness": 16/1

Forest Whitaker in "The Last King of Scotland": 1/11

Performance by an Actress in a Leading Role:

Penélope Cruz in "Volver": 18/1

Judi Dench in "Notes on a Scandal": 15/1

Helen Mirren in "The Queen": 1/50

Meryl Streep in "The Devil Wears Prada": 10/1

Kate Winslet in "Little Children": 20/1

Best Animated Feature Film:

"Cars": 1/3

"Happy Feet": 2/1

"Monster House": 20/1

Best Foreign-Language Film of the Year:

"Water" – Canada: 22/1

"The Lives of Others" – Germany: 7/2

"After the Wedding" - Denmark: 24/1

"Days of Glory (Indigenes)" – Algeria: 23/1

"Pan's Labyrinth" - Mexico: 1/10

Odds to win the Best Live-Action Short Film:

"Binta and the Great Idea (Binta Y La Gran Idea)": 6/5

"Eramos Pocos (One Too Many)": 7/2

"Helmer & Son": 5/2

"The Saviour": 6/1

"West Bank Story": 7/2

Odds to win the Best Original Screenplay:

"Babel": 7/4

"Letters From Iwo Jima": 3/1

"Little Miss Sunshine": 21/20

"Pan's Labyrinth": 11/4

"The Queen": 5/4

Best Motion Picture of the Year:

"Babel": 11/4

"The Departed": 1/2

"Letters from Iwo Jima": 15/2

"Little Miss Sunshine": 17/10

"The Queen": 20/1

Performance by an Actor in a Supporting Role:

Alan Arkin in "Little Miss Sunshine": 11/10

Jackie Earle Haley in "Little Children": 10/1

Djimon Hounsou in "Blood Diamond": 9/1

Eddie Murphy in "Dreamgirls": 2/5

Mark Wahlberg in "The Departed": 5/1

Performance by an Actress in a Supporting Role:

Adriana Barraza in "Babel": 14/1

Cate Blanchett in "Notes on a Scandal": 11/1

Abigail Breslin in "Little Miss Sunshine": 2/1

Jennifer Hudson in "Dreamgirls": 1/8

Rinko Kikuchi in "Babel": 11/1

Film To Win Most Oscars:

Dreamgirls: 2/3

Pans Labyrinth: 6/5

The Departed: 6/1

The Queen: 11/1

Babel: 15/1

Pirates of the Caribbean: Dead Man's Chest: 11/1

Little Miss Sunshine: 15/1

Additional sports and entertainment odds can be found at: www.MySportsbook.com

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.

What Is the Point Spread?

What are Sports Betting Point Spreads?

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.

How to Read Point Spreads

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:

• Philly wins the actual game by any amount of points
  OR
  
• Philly loses the game by less than 7 points.

• 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.

  For Those Who Like to Consider Things Mathematically

  Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:

• Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
  OR
  
• Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

  Who Really “Won” the Super Bowl odds ?

  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.