Football Betting

Report: Artest joining Lakers

Basketball Betting Lines

07/02/2009 - Los Angeles, CA (Sportsbook Betting Lines) - Free agent forward Ron Artest is reportedly leaving the Houston Rockets to join the Los Angeles Lakers and will provide the team with more offensive firepower next season, as he'll join Kobe Bryant and Pau Gasol on the defending NBA champions.

Artest told CBSsports.com via text message he was in Los Angeles to join the Lakers and didn't "care about the money" and that he would "play there for nothing."

According to the Los Angeles Times, the Lakers could finalize a deal with the 29-year-old that will pay him the full mid-level exception, possibly $32 million over five seasons. It would represent a pay cut after Artest made $7.4 million last season.

Even if the two sides were to reach an agreement soon, no deal could be officially announced until July 8, per league rules.

The Thursday news regarding Artest came on the same day another superstar had an introductory press conference. Ex-Laker Shaquille O'Neal met the media in Cleveland and said he wanted to "win a ring for The King" in reference to his new pairing with reigning MVP LeBron James.

Artest spent last season with the Rockets, helping Houston get to the conference semifinals for the first time since 1996-97. After spending three seasons in Sacramento, Artest averaged 17.1 points, 5.2 rebounds and 3.3 assists in 69 regular season contests with Houston.

For his career, spanning 12 seasons, Artest has game averages of 16.1 points, 5.1 rebounds and 3.2 assists with Chicago, Indiana, Sacramento and Houston. He has also established himself as one of the top-flight defenders in the league.

In another twist, the man Artest would replace in the lineup -- Trevor Ariza -- reportedly was offered a contract by the Rockets. The LA Times reported that Ariza, who was instrumental in the Lakers' playoff run to the title, was offered a contract near the value of the mid-level exception.

Ariza averaged 11.3 points per game in the postseason after posting 8.9 points per game in the regular season. His career scoring average is 6.9 points.


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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 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.

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