College Football HOFer Cloud passes away at 85

NCAA Football Betting Lines

06/22/2010 - Williamsburg, VA (Sportsbook Betting Lines) - Jack Cloud, who was elected to the College Football Hall of Fame in 1990, has passed away at the age of 85.

Cloud was a three-time All-American fullback for William and Mary between 1947-49 and still holds the school's all-time record for most touchdowns (45).

"Jack Cloud played an integral part in helping the College of William and Mary establish its great tradition in football," said current William and Mary head coach Jimmye Laycock. "He was a key member of some of the greatest teams in this school's history. Our thoughts are with his family at this time."

Cloud also played for the Green Bay Packers (1950-51) and the Washington Redskins (1952-53).

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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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