Broncos' Dumervil agrees to extension

Football Betting Lines

07/23/2010 - Englewood, CO (Sportsbook Betting Lines) - Denver Broncos linebacker Elvis Dumervil has agreed to a contract extension, just over a month after he signed his free agent contract tender.

Terms of Dumervil's extension weren't disclosed, but sources told ESPN it was a six-year deal worth $61.5 million that includes between $41 million and $43 million in guarantees.

"The way he has handled this lengthy negotiation this offseason is a great example of the type of player and person we want on our team," Broncos coach Josh McDaniels said. "We look forward to Elvis' impact for many years to come."

The fifth-year pro led the league in sacks last year with 17 and added 49 tackles over 16 games, including 14 starts.

Since being taken in the fourth round of the 2006 draft by Denver, the Louisville product has racked up 43 sacks and 129 tackles with one interception and 10 forced fumbles.

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What Is the Point Spread?

What are Sports Betting Point Spreads?

In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).

If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).

Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.

How to Read Point Spreads

New England Patriots -7 vs. Philadelphia Eagles

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:

To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.