Nash gets huge deal from Blue Jackets

Hockey Betting Lines

07/03/2009 - Columbus, OH (Sportsbook Betting Lines) - Columbus Blue Jackets forward Rick Nash was reportedly signed to an eight-year, $62.4 million contract extension.

The Columbus Dispatch reports Nash's deal means an annual salary cap hit of $7.8 million for the Blue Jackets. He'll earn $7 million for the upcoming season, the last year of his current contract. Nash will then make $7.5 million in 2010-11, according to the Dispatch, and the deal escalates until he makes $8.2 million in 2017-18.

The 25-year-old Nash, who is captain of the team, had 40 goals and 39 assists over 78 games last season. The first overall pick of the 2002 draft, Nash has spent his entire six-season NHL career playing for Columbus and has a franchise-record 194 goals to go with 161 assists over 441 games.

This past season, Nash helped Columbus to its first-ever postseason berth, although the Blue Jackets were swept by the Detroit Red Wings in the opening round.

Nash won the Maurice Richard Trophy for the most goals in the league with 41 during the 2003-04 season, which happened to be the first of his four All-Star appearances.

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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.

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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