Pirates get Milledge, Hanrahan from Nats in four-player deal
Baseball Betting Lines
06/30/2009 - Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Pirates acquired outfielder Lastings Milledge and right-handed pitcher Joel Hanrahan from Washington in a four-player deal on Tuesday.
In return, the Pirates gave up outfielder Nyjer Morgan and left-hander Sean Burnett.
"In both Hanrahan and Milledge we have acquired players with the upside to be solid to above average major league players," Pirates general manager Neal Huntington said. "Hanrahan had a strong season in his first year as a relief pitcher in 2008 and has the arsenal to pitch in late game situations in a quality Major League bullpen. Milledge was one of the premier prospects in baseball. He is still young enough and has the tools to develop into an above average Major League player."
Milledge began the 2009 season with the Nationals, but was demoted to Triple-A Syracuse on April 14 after hitting only .167 (4-24) in seven games. He broke a finger on his right hand on May 11 while in the minors and was on a rehabilitation assignment with the Gulf Coast League Nationals when the trade took place. Milledge was originally acquired by Washington from the New York Mets for catcher Brian Schneider and Ryan Church in November of 2007.
The flamboyant outfielder, who was selected with the 12th overall pick in the 2003 First-Year Player Draft by the Mets, has yet to live up to expectations. In 260 games, he has a .261 average to go along with 25 homers, 113 runs batted in and 107 runs scored. He is expected to complete his rehab stint before heading to Triple-A Indianapolis.
Hanrahan is 0-3 with five saves and a 7.71 earned run average in 34 relief appearances this season.
Morgan was batting .277 with two home runs, 27 RBI, 39 runs scored and 18 stolen bases in 71 games this season. In 157 contests, all with Pittsburgh, he is a .286 hitter with three homers, 41 RBI, 80 runs scored and 34 steals.
Burnett is 1-2 with one save and a 3.06 ERA in 38 relief outings in 2009.
Earlier on Tuesday, the Pirates shipped utilityman Eric Hinske to the New York Yankees for minor league pitcher Casey Erickson, outfielder Eric Fryer and cash considerations.
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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:
- Philly wins the actual game by any amount of points
OR
- Philly loses the game by less than 7 points.
-
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.
For Those Who Like to Consider Things Mathematically
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
- Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
OR
- Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
Who Really “Won” the Super Bowl odds ?
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.