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07/26/2010 - Tampa, FL (Sportsbook Betting Lines) - Tampa Bay Lightning chairman and governor Jeff Vinik announced Monday that Tod Leiweke has been named the team's chief executive officer.
Officially, Leiweke becomes the CEO of Tampa Bay Sports and Entertainment and its subsidiaries, the Tampa Bay Lightning and the St. Pete Times Forum. Leiweke also becomes an alternate governor to the NHL's Board of Governors for the Lightning, and will acquire an ownership stake in Tampa Bay Sports and Entertainment, pending NHL approval.
"I am thrilled to welcome Tod to the Lightning organization as CEO and as my partner," Vinik said. "Tod has the vision, the passion and the experience to lead the franchise towards my goal of being world class on and off the ice. He is an inspirational leader and I am delighted he has shown the confidence in the entire Tampa Bay community to join the Lightning."
Leiweke has spent the last seven years as CEO of the NFL's Seattle Seahawks and president of Vulcan Sports, providing oversight of the NBA's Portland Trail Blazers and Major League Soccer's Seattle franchise.
Additionally, Leiweke has NHL front office experience, having been the executive vice president of the Vancouver Canucks and president of the Minnesota Wild.
"Jeff, Steve [Yzerman, the team's general manager] and I all believe that we can build a Lightning organization that will bring back the winning and pride to the entire Tampa Bay community," Leiweke said. "I envision a day when the Lightning will regularly play in front of sold-out crowds at the St. Pete Times Forum and be recognized as one of the leading corporate citizens in Tampa Bay."
<< Gasquet rolls; Robredo exits Gstaad
Gstaad, Switzerland (Sportsbook Betting Lines) - Former top-10 Frenchman Richard Gasquet
reached the second round, while fifth-seeded Spaniard Tommy Robredo came up a
first-round loser Monday at the Swiss Open.
The seventh-seeded Gasquet grounded U
<< This Week in Golf - July 29th through August 1st
Philadelphia, PA (Sportsbook Betting Lines) - WOMEN'S BRITISH OPEN, Royal Birkdale Golf
Club, Southport, England - The women remain in Europe this week for the fourth
and final major of their season, the Women's British Open.
Catriona Matthew was th
<< NHLPA files grievance against NHL over Kovalchuk
TORONTO (AP) -The National Hockey League Players' Association has filed a grievance over the league's rejection of the contract between Ilya Kovalchuk and the New Jersey Devils.The league rejected the landmark 17-year, $102 million contract last wee
<< CP3 summit in New Orleans
Philadelphia, PA (Sportsbook Betting Lines) - The New Orleans Hornets have prepared for
their scheduled sit-down with All-Star guard Chris Paul by fending off the
latest flurry of trade calls received from teams salivating over adding the
game's best pur
Vick cleared to play by NFL >>
Philadelphia, PA (Sportsbook Betting Lines) - Michael Vick is clear to play this season,
the NFL announced Monday.
Posting on his Twitter account, league spokesman Greg Aiello said in regard to
Vick, "there has been no change in his playing status. Be
Rachel Alexandra gains spot in poll after Monmouth victory >>
New York, NY (Sportsbook Betting Lines) - Reigning Horse of the Year Rachel Alexandra
moved into third in the latest NTRA National Thoroughbred Poll. The four-year-
old filly advanced one position following a win Saturday at Monmouth Park.
Owned b
Hornets GM says Paul did not ask for trade at meeting >>
New Orleans, LA (Sportsbook Betting Lines) - Three-time All-Star point guard Chris Paul
met with Hornets management Monday, and new general manager Dell Demps
reportedly said Paul did not ask to be traded.
According to The Times-Picayune, D
Zakuani claims MLS POW award with brace against Rapids >>
New York, NY (Sportsbook Betting Lines) - Steve Zakuani of Seattle Sounders FC was
voted Major League Soccer Player of the Week for Week 17 of the 2010 MLS
season on Monday.
Zakuani scored both of Seattle's goals in a 2-1 win over the Co
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.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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