Cavs officially name Scott head coach
Basketball Betting Lines
07/02/2010 -
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have officially
named Byron Scott as the team's new head coach.
The announcement was made by general manager Chris Grant. Terms of the deal
were not disclosed. Earlier reports indicated it was a three-year contract.
Scott was recently in his sixth season with the Hornets and the final year of
a two-year extension he signed in May of 2008 when he was let go nine
games into the 2009-10 season. Scott compiled a record of 203-216 during his
tenure in New Orleans.
"Byron's combination of high-level success and depth of experience, both as a
head coach and as a player, is a tremendous asset for our organization. He is
a strong leader with a proven track record of winning in both the regular
season and the playoffs. We're confident Coach Scott will positively impact
the strong culture we have put in place here in Cleveland over the past five
years." Grant said. "We're very excited for Coach Scott to get started. His
experience and leadership will be a critical element in our drive to achieve
the franchises ultimate goal."
The Cavs fired Mike Brown after a second-round playoff loss to Boston. Brown
spent the last five seasons with the Cavs and guided the team to a record of
272-138.
The Cavs were looking to make a splash with a big-name coach by trying to lure
Tom Izzo to the NBA ranks, but Izzo opted to stay at Michigan State for what
seems the duration of his career. Lakers assistant Brian Shaw also was a
finalist to coach the Cavs, but withdrew his name from consideration
Wednesday.
The Cavaliers face the possibility of a bigger change this summer should
reigning two-time MVP LeBron James leave the team.
Before taking over in New Orleans, Scott guided the New Jersey Nets to a
record of 149-139 with a pair of NBA Finals appearances in three-plus seasons.
After leading the previously-moribund Nets to the league title series in the
spring of 2002 and 2003, Scott was fired with a 22-20 mark midway through the
2003-04 campaign.
Scott was an assistant coach with Sacramento for two seasons after a 14-year
playing career with the Lakers, Pacers and Grizzlies. He won three NBA titles
during the late 1980s with the Lakers.
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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.
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