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07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Houston's Roy Oswalt has agreed to waive his no-trade clause, according to multiple media reports, and will be dealt from the Astros to the Philadelphia Phillies.
Comcast SportsNet in Philadelphia cited a person closely involved with the negotiations in reporting Oswalt's decision. The report said in addition to Oswalt, the Phillies will receive cash, while sending pitcher J.A. Happ and two prospects to Houston.
The Philadelphia Inquirer, which also reported that Oswalt approved the deal according to a baseball source, said that minor league outfielder Anthony Gose is also part of the package the Phillies will send the Astros.
Oswalt is owed approximately $5 million for the remainder of this season. He's due to make $16 million next season and there is a club option of $16 million in 2012 or a $2 million buyout.
The 32-year-old Oswalt, who has only pitched for Houston over his 10-year career, is 6-12 with a 3.42 ERA this season. He's lost his last two starts, but has received little run support from his team. In fact, the Astros have scored two runs or less each of the last six times he's pitched.
With 143 wins, Oswalt is one victory shy of matching Joe Niekro as the all- time leader in Astros franchise history.
The addition of Oswalt would give the surging Phillies a powerful 1-2-3 punch in the rotation, led by Roy Halladay and Cole Hamels.
The Phillies have won a season-best seven games in a row and were 3 1/2 games behind first-place Atlanta in the NL East standings following Wednesday's games. The Astros are well out of the playoff race at 42-59.
<< Report: Orioles hire Showalter as manager
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles have reportedly hired
Buck Showalter to be their next manager.
The Baltimore Sun is one of several media outlets to report the hiring. His
first game as manager will be August 3
<< Seahawks sign free-agent G Chester Pitts
RENTON, Wash. (AP) -Free-agent guard Chester Pitts has agreed to a contract with the Seattle Seahawks on the eve of training camp.The team announced the deal on Thursday for the starter with the Houston Texans from 2002 until last season.Seahawks ve
<< Orioles hire Buck Showalter as manager
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 hiri
<< AP source: Haynesworth fails conditioning test
ASHBURN, Va. (AP) -Albert Haynesworth has failed his conditioning test and is being forced to sit out the first practice of the Washington Redskins training camp.A person familiar with the situation told The Associated Press that Haynesworth did not
Pena, Price lead Rays to sweep of Tigers >>
St. Petersburg, FL (Sportsbook Betting Lines) - Carlos Pena went 3-for-4 with a home
run and drove in all of Tampa Bay's runs, as the Rays completed a four-game
sweep of the Detroit Tigers with a 4-2 victory.
David Price picked up his AL-best
Kentucky Derby and Preakness winners headline Haskell >>
Oceanport, NJ (Sportsbook Betting Lines) - The two leading three-year-old colts in the
country top a field of eight for Sunday's $1 million Haskell Invitational at
Monmouth Park. Kentucky Derby winner Super Saver and Preakness champ Lookin At
Lucky w
Mets take rubber match from Cards thanks to Dickey, Davis >>
Flushing, NY (Sportsbook Betting Lines) - Rookie Ike Davis hit a three-run homer and
knuckballer R.A. Dickey went 8 1/3 innings, as the New York Mets earned a 4-0
win over the St. Louis Cardinals in the rubber match of a three-game set at
Citi Fi
No-brainer for both Phils and Oswalt >>
(Sportsbook Betting Lines) - It is hard to argue against the Philadelphia Phillies'
acquisition of Houston righty Roy Oswalt, especially considering they received
some money from the Astros and did not have to exercise his 2012 option.
In fact, it is
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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