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Report: Calhoun expected to receive extension on Friday

NCAA Basketball Betting Lines

05/07/2010 - Hartford, CT (Sportsbook Betting Lines) - The University of Connecticut is reportedly set to give men's head basketball coach Jim Calhoun a contract extension through the 2013-14 season.

According to the Hartford Courant, UConn will hold a press conference on Friday morning to announce the move. The report cites a source as saying the extension is worth $13 million over five years and is retroactive to the 2009-10 season.

If those figures are correct, Calhoun will receive a significant raise on the $1.6 million he earned in the final year of his current contract that was slated to expire in June.

The 67-year-old, who guided the Huskies to a pair of national titles in 1999 and 2004, experienced health problems during an up-and-down 2009-10 campaign and left the team for seven games.

A three-game winning streak shortly after Calhoun's return gave the Huskies hope for a possible at-large bid into the NCAA Tournament, but those dreams were dashed with a four-game losing streak to end the season, including an embarrassing 75-53 loss to St. John's in the first round of Big East tourney.

UConn ended the season 18-16, including a lowly 7-11 mark in conference play. They lost to Virginia Tech in the second round of the NIT.

In his 24 years with the program, the Huskies have gone 575-221. He also coached 14 seasons at Northeastern, compiling a record of 248-137.

In 2009, Calhoun became the seventh Division I coach in NCAA history to reach 800 career wins.


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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.

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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