Hoiberg returns to Iowa State

NCAA Basketball Betting Lines

04/28/2010 - Ames, IA (Sportsbook Betting Lines) - Fred Hoiberg was introduced Wednesday as the new men's basketball coach at Iowa State and called the return to his alma mater "a dream come true."

Hoiberg, who starred for the Cyclones in the 1990s, agreed to a five-year contract with a base salary of $800,000 on Tuesday.

"It's a Hollywood script for me to take the reins of a program that I cheered for as a kid, played for as a collegian and followed closely for more than a decade as an alum," said Hoiberg on Wednesday.

The 37-year-old Hoiberg played for Iowa State from 1991-95 and then spent 10 years in the NBA, with stops in Indiana, Chicago and Minnesota. He averaged 5.4 points over a 541-game career.

Hoiberg received the nickname "The Mayor" when he received a write-in vote for the Ames, Iowa mayoral race. He was honored as Mr. Basketball in Iowa for 1991 and the following season he enrolled at Iowa State.

The Cyclones won 78 games and played in three NCAA Tournaments in his career. He is the school's third all-time leading scorer with 1,993 points and his No. 32 jersey was retired in 1997.

"We are all familiar and proud of the distinguished career of Fred," said school president Dr. Gregory Geoffroy. "Bringing an All-American -- both in the classroom and on the basketball court -- back to our staff is cause for celebration and it's even more thrilling since he is a native son."

Hoiberg served as the assistant general manager with the Timberwolves for three seasons after retiring from the NBA in 2006 and spent the past year as the team's vice president of basketball operations, but apparently had previously campaigned for the Iowa State position.

"Four years ago, Fred expressed interest in our head coaching position and he's been on my short list ever since," said Iowa State athletic director Jamie Pollard. "It did not take very long for me to see his passion, his quiet confidence and his plan to have success in our men's basketball program. Based upon his personal experiences, Fred is better equipped and positioned than anyone to take the reins of this program."

Iowa State needed a replacement for Greg McDermott, who left Monday to take the head coaching job at Creighton. He spent the past four seasons as head coach of the Cyclones, going 15-17 a year ago with a 4-12 record in the Big 12, and was 59-68 overall since arriving in Ames in 2006.

Gamingfrenzi NCAA Basketball Betting News

<< Javi Venta to leave Villarreal
Villarreal, Spain (Sportsbook Betting Lines) - Veteran defender Javi Venta will leave Villarreal at the end of the season after more than a decade with the Yellow Submarine. The 34-year-old is set to carry on playing, but accepts that his time

<< Trezeguet eyes Milan switch
Turin, Italy (Sportsbook Betting Lines) - Juventus striker David Trezeguet has his sights set on a summer switch to Serie A rivals AC Milan. The 32-year-old is expected to leave Juve after a decade of service, but hopes to remain in Italy rather

<< Hoffenheim confirms Hildebrand exit
Sinsheim, Germany (Sportsbook Betting Lines) - Germany international goalkeeper Timo Hildebrand will leave Hoffenheim at the end of the season, having spent just over a season with the Bundesliga outfit. The 31-year-old joined Hoffe in January

<< Gilardino vows to stay at Fiorentina
Florence, Italy (Sportsbook Betting Lines) - Italy striker Alberto Gilardino has vowed to remain with Fiorentina next term, despite a disappointing season for the Florence club this time around. La Viola are currently in ninth place in Serie A

<< Ribery set to miss final through suspension
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich's call on UEFA to be lenient with Franck Ribery has fallen on deaf ears after the France star was handed a three-game ban which rules him out of the Champions League final. The Bundesliga g

Liverpool signs Charlton youngster >>
Liverpool, England (Sportsbook Betting Lines) - Liverpool have wrapped up the signing of talented Charlton Athletic teenager Jonjo Shelvey for an initial fee of $2.6 million, which could rise to as much as $4.5 million. The 18-year-old has agreed

Hilbert set for Stuttgart exit >>
Stuttgart, Germany (Sportsbook Betting Lines) - Stuttgart midfielder Roberto Hilbert will leave the club on a free transfer at the end of the season. The 25-year-old moved to the club from Greuther Fuerth almost four years ago and was an ever-pr

Riki commits future to Deportivo >>
Madrid, Spain (Sportsbook Betting Lines) - Former Getafe striker Riki has signed a new contract with Deportivo La Coruna that will keep him at the Riazor for another three seasons. The 29-year-old has spent the last four seasons with Depor and is

Schnyder reaches quarters; Suarez Navarro exits Morocco >>
Fes, Morocco (Sportsbook Betting Lines) - Swiss veteran Patty Schnyder moved into the quarterfinals, while top-seeded Carla Suarez Navarro exited the draw Wednesday at the $220,000 Moroccan Grand Prix tennis tournament. The second-seeded Schnyd

Stanley Cup Playoff Preview - Chicago vs. Vancouver >>
(Sportsbook Betting Lines) - The Chicago Blackhawks could have earned more style points in their opening round series against Nashville, but in the NHL playoffs the maxim is survive and advance, and according to that rule they did just fine. The road

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

Note: Monday night game will be picked Monday. Lines used are from football betting odds .
To visit this online sportsbook got to MySportsbook.com for all your football betting needs. Mysportsbook.com online sportsbook betting credit cards