Armed men rob home of Bobcats' Stephen Jackson

Basketball Betting Lines

07/23/2010 -

CHARLOTTE, N.C. (AP) -Police are investigating a home invasion and armed robbery at the home of Charlotte Bobcats player Stephen Jackson.

Multiple media organizations reported Friday that three masked gunmen entered Jackson's home in a gated community of million-dollar homes early Wednesday.

Police say the thieves took a 9mm pistol, a ruby-encrusted wristwatch, a Louis Vuitton wallet and other items.

Jackson was in Texas for a basketball camp. His wife was home and was forced into a bathroom, where police found her. She wasn't hurt.

Police say there were no signs of forced entry at the 6,000-square-foot home. No arrests have been made.

Jackson could not be reached for comment and the Bobcats declined comment.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

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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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