Blazers fire GM Pritchard

Basketball Betting Lines

06/25/2010 - New York, NY (Sportsbook Betting Lines) - The Portland Trail Blazers fired general manager Kevin Pritchard just before the NBA draft began Thursday night.

Pritchard was promoted to general manager in March of 2007. The draft was actually Pritchard's final day on the job.

"This process was more public and took longer than any of us would have liked, but that was indicative of how critical a decision this was for the franchise," said Trail Blazers owner Paul Allen. "We want to thank and acknowledge Kevin for his solid work getting us to where we are today. Parting ways with a popular general manager is not something we take lightly. In the end, we decided to make a change."

This is the second big move made in Portland's front office. The team dismissed Tom Penn as vice president of basketball operations in March.

The Trail Blazers finished 50-32 last season, but lost in the first round of the Western Conference playoffs. The team hasn't made it past round one since 2000.

"This was an extremely difficult decision," Trail Blazers President Larry Miller said. "We wish Kevin well, and than him for his valuable leadership and his many contributions. We remain dedicated to building a team of strong character and talent, as we stay firmly committed to bringing another championship to Portland."

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SPORTS BETTING

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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