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09/12/2007 - Carson, CA (Sportsbook Betting Lines) - Major League Soccer's CD Chivas USA announced that Shawn Hunter has been named President and Chief Executive Officer of Chivas USA Enterprises, LLC, Chivas USA's parent company. With a 20-year track record in ticket sales and corporate partnerships, and hands-on experience with start-up sports franchises, Hunter takes over the day-to-day operation of MLSs three-year-old Mexican-owned, Los Angeles-based club.
"We are excited today to present Shawn Hunter, one of the most recognized sports businessmen in this country, as our new President and CEO," Chivas USA Co-Owner Antonio Cue said. "I am confident that, with the addition of Shawn to both our front office team and our ownership group, Chivas USA will continue its ascent towards the upper echelons of the soccer landscape in the United States."
Hunter joins Chivas USA from AEG, one of the worlds leading sports and entertainment presenters, where for five years he held the dual titles of Chief Marketing Officer and President, AEG Sports. In the latter role, Hunter oversaw AEGs marquee sports events and eleven sports teams worldwide - including MLS's Los Angeles Galaxy and Houston Dynamo - as well as the companys marketing partnership with Chivas USA.
"Words can't describe how excited I am about this newest challenge in my career," Hunter said. "Since I first began working with Chivas USA on behalf of AEG three years ago, I have been captivated by the passion of this organization and the intense devotion of both its fans and players. I know that Chivas USA has only begun to realize its tremendous potential and though I know it will be a process I look forward to helping take this club to the next level. I can't wait to get to work."
Hunter replaces the recently fired Javier Leon, who left the position, "to pursue other endeavors, including the prospect of outside projects with Cue," according to Chivas USA. While the Goats have made great strides on the field since their inaugural season, ticket sales and corporate sponsorship has been near the bottom of the league, which Hunter will be responsible for correcting.
The 44-year-old Hunter brings a proven track record in successfully launching fledgling sports organizations. Prior to joining AEG, Hunter was for six years the President of the NHLs Phoenix Coyotes. Under his leadership, in the Coyotes' first four seasons, the club played to a 94-percent capacity (including 69 sellouts).
Hunter joined the Coyotes from the Colorado Avalanche in 1996. As the clubs executive vice president, Hunter's first achievement was reaching a cap of 12,000 season ticket sales in just under six weeks - before the team even had a name. He was instrumental in creating and implementing the Avalanche team colors and logo as well as the logo for the Denver Nuggets. His initiatives and team merchandising efforts resulted in a Top 10 placement among NBA teams on an international level for licensed apparel sales.
Since joining AEG in 2002, Hunter has also been influential in a number of major business developments in MLS. As one of AEGs representatives on MLSs Board of Directors, Hunter played a role in the formulation of the Designated Player Rule, which opened the doors for the arrival of such international stars, during the 2007 MLS season.
In addition, for the past five years Hunter has chaired - and will continue to chair - the MLS Business Development Committee, which has recently approved such important initiatives as the sponsorship of MLS jersey fronts and the guaranteed distribution of every single MLS game via local television.
"Since Chivas USA was founded in 2004, we have managed, in just three short years, to turn Chivas USA from the leagues last-place team to a team that, this Thursday night at The Home Depot Center, will looks to claim first place in the Western Conference with a win against the L.A. Galaxy," Cue said. "Now, the time is right for us to build upon our successes in corporate sponsorship, merchandising and commercial rights and continue to improve our front office."
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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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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.
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:
There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
Philadelphia Eagles +7 vs. New England Patriots
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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