Mariners release P Petit

Baseball Betting Lines

03/17/2010 - Seattle, WA (Sportsbook Betting Lines) - The Seattle Mariners released right-handed pitcher Yusmeiro Petit on Wednesday.

The move comes before Petit ever threw a pitch in a regular-season game for Seattle, as the team claimed him off waivers from Arizona last November.

Petit appeared in 23 games for the Diamondbacks in 2009, posting a record of 3-10 with a 5.82 earned-run average. In 17 starts, he was 3-9 with a 5.72 ERA.

The right-hander, who turns 25 later this month, spent the past three seasons with Arizona after one year in Florida. He owns a career mark of 10-20 with a 5.57 ERA in 71 games, including 36 starts.

Petit was originally signed by the New York Mets as a non-drafted free agent in 2001 and spent his first four pro seasons in the New York organization before being sent to Florida as part of the Carlos Delgado trade following the 2005 season. The Diamondbacks acquired him in 2007 in exchange for pitcher Jorge Julio.

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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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