Auburn dismisses Lebo

NCAA Basketball Betting Lines

03/12/2010 - Auburn, AL (Sportsbook Betting Lines) - Auburn University has dismissed its head men's basketball coach.

The school announced on Friday that Jeff Lebo, who has helmed the program for the last six seasons, will no longer be behind the Tigers' bench.

"I want to thank Coach Lebo for all that he has done for Auburn University over the past six years," said director of athletics Jay Jacobs. "He has always worked hard and has always represented Auburn with character, class and integrity."

Under Lebo's guidance, the Tigers finished 15-17 this past season, with a 6-10 mark in the SEC, only good enough for a fifth-place in the West Division with rival Alabama. Auburn fell in the SEC Tournament to Florida on Thursday to complete its schedule.

Despite a 14-17 record in his first year back in 2004-05, the school saw fit to reward Lebo with a seven-year contract. He didn't post a winning record until a 17-15 end to the 2006-07 campaign, then went 14-16 three years ago before a high-water mark of 24-12 in 2008-09.

Over six seasons, Lebo finished with a 96-93 record and a dismal 35-61 mark in the SEC.

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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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