Thunder GM Presti agrees to extension

Basketball Betting Lines

07/22/2010 - Oklahoma City, OK (Sportsbook Betting Lines) - Oklahoma City Thunder general manager Sam Presti has agreed to a multi-year contract extension, the team announced Thursday.

Specific terms of the deal were not disclosed. Presti, 33, was named general manager in 2007, when the team was still located in Seattle, after serving as assistant general manager for the San Antonio Spurs.

"I am extremely humbled to have the opportunity to continue our work here with the Thunder," Presti said. "Oklahoma City is home for me. We have a committed group of players, excellent coaches led by Scott Brooks, and a support staff in both basketball and business, that is integral to the vision of our organization and I am grateful for their partnership."

Through draft choices, such as Kevin Durant in 2007 and Russell Westbrook in 2008, as well as key acquisitions, Presti has constructed a young and promising roster.

The maneuvering paid dividends this past season, when the Thunder went 50-32 under Brooks -- a 27-win improvement from 2008-09. Oklahoma City made the franchise's first playoff appearance in five years and lost its first-round series to the eventual NBA-champion Lakers.

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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:

To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.