Report: Bobcats agree with G Livingston

Basketball Betting Lines

07/15/2010 - Charlotte, NC (Sportsbook Betting Lines) - The Charlotte Bobcats have reportedly agreed to sign guard Shaun Livingston to a three-year contract worth $10.5 million.

The Charlotte Observer first reported the deal, while The Washington Post reported the terms.

The Washington Post also reports that only the first two years of the deal are guaranteed -- worth $7 million.

Livingston was an emerging star in the league when in 2007 he suffered a devastating knee injury while playing for the Los Angeles Clippers. He eventually made a comeback and played 36 games last season with the Wizards and Thunder, averaging 6.9 points and 3.6 assists in 22.1 minutes.

In 193 games -- 79 starts -- for the Clippers, Heat, Thunder and Wizards, Livingston has career per-game averages of 7.2 points and 4.4 assists.

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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:

To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.