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Former Net Williams sentenced to five years in prison

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02/23/2010 - Somerville, NJ (Sportsbook Betting Lines) - Former New Jersey Nets star Jayson Williams was sentenced to five years in prison on Tuesday for the shooting death of a limousine driver eight years ago.

Last month, Williams agreed to a plea bargain with prosecutors, avoiding a retrial on reckless manslaughter charges in the death of Costas "Gus" Christofi on February 14, 2002 at the New Jersey home of the former player.

Williams will serve a minimum of 18 months in prison before he is eligible for parole. He made a statement in front of Superior Court Judge Edward Coleman before sentencing was rendered.

"There's not a day that I wake up and not feel sorry for what I did to Mr. Christofi," Williams said to the Christofi family.

"I know there's nothing I can do to bring Mr. Christofi back. I am deeply, deeply sorry for my choices in actions after Mr. Christofi's death. I pray that today brings you some comfort.

"To my family, please forgive me for the pain I've caused to you. You deserve a better father, son, brother than I have been. To my friends, I regret having let you down.

"I'm not a bad man, but I acted badly on February 14. I will work endlessly to improve myself and help others."

After sentencing, Williams was led out of the court room in handcuffs.

Williams was accused of recklessly handling the shotgun that killed the 55- year-old Christofi and then trying to make the shooting look self-inflicted. He asked his guests to help him in the cover-up.

In the 2004 trial, Williams was found not guilty of aggravated manslaughter, aggravated assault and possession of a weapon with unlawful purpose. He was found guilty on the cover-up charges of hindering apprehension, tampering with a witness, tampering with evidence and fabricating physical evidence.

However, a jury did not reach a verdict on the reckless manslaughter charge, which carried a prison sentence of up to 10 years.

Witnesses, in the first trial, testified that Williams told his guests that they must agree the shooting was a suicide.

Five testified that Williams wiped his own fingerprints from the gun after it fired once while he snapped it shut. Four said he attempted to place the victim's prints on the weapon.

Williams' defense team originally argued the shotgun misfired while he was giving a tour of his mansion, and that their client was too distraught to orchestrate an elaborate cover-up.

Two witnesses eventually reached a deal with prosecutors to testify against Williams to avoid charges of tampering with evidence and lying to investigators.

Williams spent nine years in the NBA, averaging 7.3 points and 7.5 rebounds. His career ended in 1999 when he broke his right leg and injured his right knee.

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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.

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