Pettersson climbs 98 spots in world rankings

Golf Betting Lines

07/26/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Carl Pettersson climbed 98 places in the world rankings following his victory Sunday at the Canadian Open.

Pettersson, who was one putt from shooting a 59 on Saturday, rallied to beat 54-hole leader Dean Wilson for his first win in two years, moving all the way to 109th in the rankings.

Ahead of him, the top of the rankings showed little change.

Tiger Woods remained No. 1 for the 268th consecutive week and was followed again by Phil Mickelson, Lee Westwood, Steve Stricker, Jim Furyk and Ernie Els.

Luke Donald took third place in Canada and moved up two places to No. 7, dropping Rory McIlroy and Paul Casey down one spot apiece.

Ian Poulter rounded out the top 10 again and was trailed by U.S. Open winner Graeme McDowell, Martin Kaymer, Anthony Kim, Robert Allenby, British Open champion Louis Oosthuizen and Retief Goosen, who also held onto their positions from last week.

Edoardo Molinari used another good finish on the European Tour to move up six places to 17th. Justin Rose remained 18th, Padraig Harrington dropped two places to 19th and Zach Johnson rounded out the top 20 again. Sean O'Hair was knocked out of the top 20, dipping two spots to 21st.

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What Is the Point Spread?

What are Sports Betting Point Spreads?

In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).

If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).

Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.

How to Read Point Spreads

New England Patriots -7 vs. Philadelphia Eagles

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:

To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.