Packers ink DT Pickett to extension

Football Betting Lines

03/12/2010 - Green Bay, WI (Sportsbook Betting Lines) - The Green Bay Packers signed nose tackle Ryan Pickett to a long-term extension through the 2013 season on Friday.

Pickett, 30, who has spent the last four seasons of his nine-year career with the Packers, totaled 47 tackles and one pass defensed while serving as a key cog in the team's top-ranked run defense in 2009.

"We have continued to talk to Ryan and his representatives and are pleased we were able to sign Ryan to this extension," said Packers general manager Ted Thompson. "He has been a key part of our success on defense, and we look forward to having Ryan be a part of our future in Green Bay."

Drafted in the first round of the 2001 draft by St. Louis, the Ohio State product has 280 tackles and 8 1/2 career sacks in 134 regular season games with the Packers and Rams.

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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.