Cubs agree with C Soto, 5 others

Baseball Betting Lines

01/17/2012 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs agreed to terms on one-year contracts with six salary arbitration-eligible players, including catcher Geovany Soto.

The announcement, made Tuesday, didn't include salary figures for Soto or the other five players: right-handed pitchers Chris Volstad and Randy Wells; and infielders Blake DeWitt, Jeff Baker and Ian Stewart.

Soto also signed a one-year deal last January to avoid arbitration and played on a $3 million contract, hitting .228 with 17 homers, 54 runs knocked in and a .310 on-base percentage.

The soon-to-be 29-year-old catcher has played parts of seven major league seasons for the Cubs and is three years removed from belting 23 home runs with 86 RBI and a .285 average to win NL Rookie of the Year in 2008.

Volstad, who was acquired from the Marlins earlier this month, was 5-13 with a 4.89 earned run average in 29 starts for Florida last season. He spent his first four years with the team.

Wells has a 27-30 record in 86 major league appearances, most of them starts and all but one of them coming with the Cubs. He was 7-6 with a 4.99 ERA in 23 starts for Chicago last season.

DeWitt batted .265 in 121 games for the Cubs last season, splitting time in the infield and outfield.

Baker has played the last two-plus seasons in Chicago and batted .269 last year while playing mostly the infield, and Stewart joined the Cubs in a trade with Colorado last month. He batted .156 in 48 games for the Rockies in 2011.

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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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