Argonauts name new president

Football Betting Lines

01/30/2012 - Toronto, Ontario (Sportsbook Betting Lines) - Bob Nicholson resigned as president and CEO of the Toronto Argonauts on Monday, and Chris Rudge has been named his successor.

Argonauts owner David Bradley announced the change in leadership, stating Nicholson resigned to pursue other opportunities.

"Bob was one of the first people I turned to when I bought the Argonauts franchise. His experience and leadership have contributed significantly to building a foundation from which the franchise can continue to move forward," Bradley said.

Rudge was CEO of the Canadian Olympic Committee from 2003 to 2010 before named chairman and CEO of the upcoming 100th Grey Cup Festival.

"I am excited to continue to build the Argonauts brand, and cementing its place in the hearts and minds of Torontonians," Rudge said. "The great response to the 100th Grey Cup demonstrates that the fanbase is here; we need to continue to find ways to reconnect it to the Double Blue. I am looking forward to this challenge."

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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.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

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