North Dakota extends Hakstol, assistants

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09/06/2007 - Grand Forks, ND (Sportsbook Betting Lines) - The University of North Dakota announced Wednesday the five-year contract extension for men's hockey coach Dave Hakstol, and extended associate head coach Cary Eades and assistant coach Dane Jackson.

"This is an excellent package for UND Athletics and the hockey program," said Tom Buning, North Dakota athletic director. "We've been working on this package for a while, the administration put on the finishing touches."

Hakstol, who has taken North Dakota to three straight Frozen Fours in his three years as head coach, will earn a base salary of $210,000 per year, with added incentives of up to 25 percent of that number.

"I am happy that this package recognizes our entire coaching staff. It provides stability for our coaching team and allows us the opportunity to continue to work together in what we consider the best place in hockey. We can continue to concentrate on what is important; developing young men and winning hockey games," said Hakstol.

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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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