Suns reportedly set to add Babby to front office
Basketball Betting Lines
07/19/2010 -
Phoenix, AZ (Sportsbook Betting Lines) - The Phoenix Suns have called a news
conference for Tuesday morning, when it is expected Lon Babby will be named
president of basketball operations.
Phoenix indicated only that a "major announcement" would be made Tuesday, but
multiple media outlets have reported it is to name Babby as the successor to
Steve Kerr, whose contract was not renewed and has since re-joined TNT as a
game analyst.
The Arizona Republic reported the organization is still likely to hire a new
general manager. Kerr wore both hats during his tenure with the club, first
joining the Suns as part-owner and consultant in 2004 before taking the reins
as president and general manager in June 2007.
Babby would follow a seldom-followed path to the front office, having served
as a player agent and practiced sports law for more than 30 years with
Williams & Connolly LLP. Most notably, Babby represents Suns forward Grant
Hill, the Spurs' Tim Duncan and Celtics guard Ray Allen.
Babby also represents numerous professional baseball players and has served as
club counsel, then general counsel for the Washington Redskins (1977-1980) and
Baltimore Orioles (1979-1994). In addition, he is a member of the Board of
Trustees of the Naismith Memorial Basketball Hall of Fame.
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Source: Babby to head Suns basketball operations >>
PHOENIX (AP) -A person with knowledge of the situation says the Phoenix Suns have hired agent Lon Babby to head the team's basketball operations.The person, who asked not to be identified because the official announcement has not been made, told The
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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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