AP source: Yankees' George Steinbrenner dies at 80

Baseball Betting Lines

07/13/2010 -

NEW YORK (AP) -A person close to George Steinbrenner tells The Associated Press that the New York Yankees' owner died Tuesday morning.

The person spoke on condition of anonymity because the team had not yet made the announcement.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 The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

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<< NL All-Star Expanded Statistics
BATTERS AVG OBA AB R H 2B 3B HR RBI BB SO SB CS ECatcherMolina, StL .223 .301 265 17 59 10 0 3 33 26 30 6 3 4First BasePujols, StL .308 .416 321 55 99 21 1 21 64 60 44

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Philadelphia, PA (Sportsbook Betting Lines) - When presented with the phrase "Atlanta Falcons cornerback" in one of those word-association tests, the first term that might spring to mind is "brash". The two biggest stars to play that position in the o

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Pittsburgh, PA (Sportsbook Betting Lines) - Pittsburgh Steelers head coach Mike Tomlin has reportedly received a contract extension. The Pittsburgh Post-Gazette reported Tuesday that Tomlin has agreed to a three-year deal that will take him

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Oakland, CA (Sportsbook Betting Lines) - The Golden State Warriors have signed free agent forward Dorell Wright to a multi-year contract. The deal is reportedly for three years and $11 million. The 24-year-old Wright appeared in a career-high

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MINNEAPOLIS (AP) -With a payroll swelling to nearly $100 million and a spectacular new open-air ballpark, this was supposed to be the season the Minnesota Twins took hold of the AL Central from the start and challenged the New York Yankees for the A

Report: Steinbrenner suffers heart attack >>
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Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner died Tuesday morning. He was 80 years old. "It is with profound sadness that the family of George M. Steinbrenner III announces his passing," a statement from the

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Pens re-sign Conner >>
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MySportsbook.com refunds all bets on Oakland, Green Bay and Tampa Bay from NFL week one.

(September 14) – Week one of NFL action saw three teams go scoreless for the first time since 1977.  Another four were unable to get a touchdown and almost half of the underdogs covered the spread. Those three teams saved bettors at MySportsbook.com from losing out completely, thanks to the company’s unique NFL Shutout Rule -- which ensures that if the team you backed goes scoreless, your wager is refunded.

Sportsbook refunded tens of thousands of dollars to customers who bet on Oakland, Green Bay and Tampa Bay, the three teams that stunk up the field so badly that their fans and backers never had a chance to get up from their couches and cheer.  In the spirit of the low scoring start to the season, odds makers at the world’s largest online sportsbook and casino have set odds on how many total shutouts there will be this season. 

MySportsbook.com has posted updated sports betting lines for week two of the season.  Ben Roethlisberger’s health status is still questionable, so Willie Parker will try to lead Pittsburgh again as they travel to Jacksonville as a one point favorite.  After beating up on his little brother last week, Peyton Manning will look to lead the Colts to victory against Houston. Indianapolis is a whopping 13.5 favorite in the match-up.

Seattle, last year’s highest scoring team, showed the power of their defense with their gritty 9-6 win in Motown over the ravenous Lions.  They take their act back home to the comforts of Qwest Field where they will face the resurgent Arizona Cardinals.  The Seahawks are favored by a touchdown. 

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SPORTS BETTING

NFL Football Betting Online

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 .

Don't believe it? Just take a look at what happens around the Super Bowl.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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