Redskins sign first-round pick Williams

Football Betting Lines

07/30/2010 - Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins have signed their first-round draft pick, offensive tackle Trent Williams.

Terms of the deal were not disclosed, but the Washington Post reports it to be worth $60 million over six years with more than $37.5 million guaranteed.

Williams was selected with the fourth overall pick of April's draft after a stellar collegiate career at Oklahoma and, as of Friday morning, is the highest first-round pick to agree to a contract.

The 6-foot-5 native of Texas was an All-American and a First-Team All-Big 12 choice as a senior in 2009. He is expected to take over the left tackle slot in the wake of Chris Samuels' retirement.

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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:

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