CFL Hall of Fame coach Murphy passes away
Football Betting Lines
02/19/2012 - Regina, SK (The Sportsbook Betting Lines) - Former Winnipeg Blue Bombers head coach and Hall of Fame member Cal Murphy passed away at the age of 79 on Saturday night.
He passed away in a hopsital in Regina after being admitted there earlier in February when he suffered broken ribs from a fall.
Murphy was a part of nine Grey Cup championship teams over his 24 years as a head coach, assistant coach and general manager in the Canadian Football League.
He was an assistant under Marv Levy in Montreal when that team won the Grey Cup in 1977 and was also an assistant with Edmonton when that team won five consecutive championships from 1978-82.
Murphy then went to Winnipeg to again become a head coach in 1983 and won the Grey Cup with the Bombers in 1984. He was general manager at Winnipeg when the team won the Cup in 1988 and 1990.
"Everyone in both the immediate, and extended, Blue Bomber family is deeply saddened by this news," said Winnipeg president Garth Buchko. "Cal was a great ambassador for our game and for Canadian football in Winnipeg and Manitoba."
He finished his coaching career in the CFL with Saskatchewan in 1999 and went on to coach teams in NFL Europe and the XFL.
Elected to the CFL Hall of Fame in 2004, he was serving as a scout for the NFL's Indianapolis Colts when he passed away.
"Cal Murphy lived and breathed and loved football -- and our league was so much better for it," said CFL commissioner Mark Cohon. "He was a fierce competitor, with a keen eye for talent, and an ability to mold great teams."
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SPORTS BETTING
NFL Football Betting OnlineIn 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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