N.C. State football legend Byrd dies

NCAA Football Betting Lines

07/23/2010 - Raleigh, NC (Sportsbook Betting Lines) - North Carolina State football legend Dennis Byrd, who was recently selected to be inducted into the College Football Hall of Fame in December, has died at the age of 63.

Byrd suffered a heart attack last week while undergoing back surgery, and never regained consciousness.

Byrd, a defensive tackle, was the first two-time All-America selection in N.C. State football history, and the only Wolfpack defensive player to have his jersey (No. 77) retired.

A member of the famed "White Shoes" defense under coach Earle Edwards, Byrd was a three-time All-ACC selection and helped N.C. State to a share of the 1965 ACC championship. He was a consensus All-America selection in 1966 and 1967.

In his senior season, Byrd suffered a knee injury that limited his professional career to two seasons. Byrd went on to spend 30 years as a high school teacher and football coach, retiring in 2004.

Byrd is survived by his wife, Kim, and four children.

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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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