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12/22/2011 - Daytona Beach, FL (Sportsbook Betting Lines) - Bettye Danoff, who was one of the 13 founding members of the LPGA Tour in 1950, has died. She was 88.
Known by fellow playing pros as "Mighty Mite" for her diminutive stature, Danoff died Thursday in Texas, the LPGA Tour said.
In a statement, LPGA commissioner Mike Whan said the tour was living proof that Danoff made a difference in the world of golf.
"Because of her courage, and the vision/belief of many others that followed our founders, we all get to participate in a fantastic business and game," said Whan.
Danoff began playing golf at the age of six when her parents opened a driving range and a nine-hole golf course. Among her career achievements was beating Babe Zaharias 1-up in the Texas Women's Open, ending Zaharias' 17-tournament winning streak.
Before turning professional in 1949, Danoff played exhibitions as an amateur with rising PGA Tour star Byron Nelson and was the medalist at the 1948 U.S. Women's Amateur Championship.
She traveled with her three daughters while competing on the LPGA Tour in the days before tour childcare.
"I remember traveling for five consecutive tournaments with her while she played," said Debbie Bell, her youngest daughter. "She was often frustrated because she had to find friends and people to help watch us while she competed."
After her husband died suddenly in 1961, Danoff was limited to playing tournaments in Texas and Oklahoma while she raised her family. Later, she was the first grandmother on the LPGA Tour.
<< 2011-12 Detroit Pistons Preview
(Sportsbook Betting Lines) - It's a new era for the Detroit Pistons.
Detroit enters the 2011-12 campaign with a new head coach, as Lawrence Frank
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Madrid, Spain (Sportsbook Betting Lines) - Atletico Madrid fired coach Gregorio Manzano
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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.
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