Report: Patriots, Brady close to contract extension
Football Betting Lines
09/07/2010 -
Boston, MA (Sportsbook Betting Lines) - The New England Patriots and quarterback Tom
Brady are reportedly on the verge of a three-year contract extension worth
close to $58 million.
The Boston Herald reports the deal is on the table for Brady, whose desire was
to have a deal in place prior to the start of the season. The three-time Super
Bowl champ and five-time Pro Bowl selection is entering the 2010 campaign in
the final year of a contract for the first time in his 11-year NFL career.
The Herald added an agreement could be in place as early as Wednesday morning.
The report placed the pact as starting in 2012 and averaging $19.3 million per
year -- making Brady the highest paid quarterback in the league when the
contract kicks in at age 34. Brady turned 33 in August and is set to make $6.5
million for the 2010 season.
Brady was voted the NFL's Comeback Player of the Year by the Associated Press
in 2009 after his successful return from a devastating left knee injury
suffered in the first quarter of the 2008 season opener. He was coming off a
record 2007 campaign in which the Patriots completed the NFL's first
undefeated regular season in 35 years with Brady taking home league MVP
honors.
New England finished 10-6 last year to win the AFC East, but was bounced from
the playoffs in a wild card loss to the Ravens soon after.
For the season, Brady completed 65.7 percent of his passes for 4,398 yards
with 28 touchdowns and 13 interceptions.
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Halftime - Lithuania 43, China 40
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NFL Football Betting Online
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
To visit this online sportsbook got to MySportsbook.com for all your football betting needs. Mysportsbook.com online sportsbook betting credit cards
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