Hancock says Big 12 defections won't affect BCS
NCAA Football Betting Lines
07/30/2010 -
DETROIT (AP) -Bowl Championship Series executive director Bill Hancock says the defections of Nebraska and Colorado from the Big 12 will not influence the BCS.
Hancock spoke Friday at the Mid-American Conference's media day at Ford Field in Detroit.
Nebraska announced recently that it will leave the conference for the Big Ten, while Colorado plans to join the Pac-10, along with Utah. The two defections leave the Big 12 with only 10 teams.
Hancock says: ``As far as the BCS's future and operation, there's no effect.''
He also says any potential playoff system would have to include 16 teams, although he wants it known he's not in favor of a playoff system for college football.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
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SPORTS BETTING
NFL Football Betting OnlineIn 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.
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