Pacers reach agreement with Indianapolis
Basketball Betting Lines
07/12/2010 -
Indianapolis, IN (Sportsbook Betting Lines) - The Indiana Pacers and the city of
Indianapolis have reportedly reached an agreement that will keep the team in
Conseco Fieldhouse for at least three more seasons.
According to the Indianapolis Star, the city will contribute $10 million
annually over the next three years in costs to help the Pacers run the
operations of Conseco Fieldhouse and will pay at least $3.5 million for
improvements to the building.
The Pacers, in turn, must remain in the city through the 2012-13 season or
repay the entire $30 million. The contract with the city and the arena expires
in 2019. If the team leaves after the initial three-year period and before
2019, it would also be responsible for paying back the city a portion of the
$30 million, plus the estimated $20 million in termination fees called for in
the contract.
Pacers owner Herb Simon purchased the team with his late brother, Melvin, in
1983.
The Star said Simon wants a long-term agreement with the city, despite the
fact that the team loses an estimated $30 million per year.
Indiana was just 32-50 last season and missed the playoffs for a fourth
straight year.
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NFL Football Sports Betting
Two playoff teams from 2007 take center stage on the NFL Network Sunday night in a Week 2 NFL betting match-up when the (0-1) New England Patriots betting head south to Florida for a contest with the (1-0) Tampa Bay Buccaneers.
New England HC Bill Belichick couldn’t care less about the way his team plays in the preseason. With a chance to tie last week’s game with the Baltimore Ravens betting, He elected to go for the two-point conversion and outright victory. The conversion failed, and the Pats ended up falling to the Ravens by a 16-15 final count.
New England rolled off twelve unanswered points to give it a chance at securing the victory, but it never threatened to cover the 3.5-point spread. NFL bettors saw this one coming, as they bet the Ravens down from +6 to +3.5 as the week progressed. QB Tom Brady didn’t take part in the Patriots first preseason clash, but could see action this weekend.
His three replacements all put up embarrassing numbers. They went a combined 17 for 33, and threw three interceptions and no touchdowns. The New England defense was encouraging, as they held the Ravens to 2/12 third down conversions and surrendered just ten first downs. That ‘D’ should be bolstered with the addition of former Bucs and Denver Broncos betting safety John Lynch, who could make his Patriots debut on Sunday against his former mates.
HC Jon Gruden had to be impressed with the way his Bucs played on both sides of the ball in their dominating 17-6 victory over the Miami Dolphins in Week 1’s NFL pre-season betting action. Bucs bettors were quite happy with the effort, as they made a mockery of the fact that they were underdogs in the game.
The logjam at the quarterback position didn’t get any easier to separate for Gruden, as all four of his QBs had positive experiences in the first exhibition of 2008. The four combined to complete 28 of their 40 passes for 204 yards and a touchdown, and that was without starting QB Jeff Garcia in the lineup.
RB Michael Bennett had 19 carries and four receptions, totaling 90 yards and a touchdown. Expect to see more of Bennett, Kenneth Darby, and Earnest Graham, as they all compete for playing time with Warrick Dunn in the backfield this season. Defensively, the Bucs recorded four sacks and held the Fins offense in check all day.
First round draft pick Aqib Talib was impressive in the secondary, recording a tackle and two pass defenses in his debut. Don’t be surprised to see Talib in the starting lineup opposite Ronde Barber for the Bucs in ’08.
The betting trends suggest that NFL bettors should be backing the Bucs in this intra-conference exhibition.
These two teams hooked up last year in Tampa Bay, with the Bucs winning that game 13-10. The Buccaneers have only lost one preseason game at home dating back to the beginning of the ’05 preseason. The Patriots have had a mixed bag of results in their recent exhibitions. They have gone 2-2 ATS and SU each of the last three years.
New England currently sits as modest 1-point favorites in this preseason showdown with the ‘total’ now sitting at 34.5.
You can find these lines and all of the NFL betting lines , so be sure to login and get your wagers down before kickoff!
Note: Monday night game will be picked Monday. Lines used are from football betting lines .
To visit this sportsbook got to MySportsbook.com for all your football betting needs. Mysportsbook.com online sports betting
Why Sports Betting is so much fun?
Betting Sports
The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)
But you could also simply bet on the money line, or straight-up winner of the game. Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like boxing, tennis, golf and racing events such as NASCAR. ( More details on playing the Money Line)
Points (or Runs) Scored
Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under . So Under bettors won, and Over bettors lost.
Future Bets
Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl odds might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Proposition Bets (or Prop Bets)
Proposition bets , also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:
- What team will win the coin toss
- What player will score the game’s first touchdown
- What will be the exact margin of victory
Types of Bets
Straight Bet
Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.
A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.
Standard payoffs on a two-team parlay are 13/5; while a three-teamer pays 6/1; and a four-teamer 10/1.
Parlay cards are also fairly common in sportsbooks and popular with bettors, as they are released early in the week with set odds that do not change in return for a slightly lower payoff.
Round Robin Betting
Adventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin . A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C – with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.
Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.
These are the main types of sports bets available today. But as sports betting continues to grow, sportsbooks will continue to develop new and creative ways to bet. We’ll continue to track these changes to the sports gambling landscape, so check back often and we’ll tell you all about it!
To visit this online sportsbook got to MySportsbook.com for all your football betting needs.
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