Veteran WR Patten announces retirement

Football Betting Lines

07/31/2010 - Foxboro, MA (Sportsbook Betting Lines) - David Patten will not play a 13th NFL season in 2010, instead announcing his retirement as a member of the New England Patriots on Saturday.

Patten played for the Patriots from 2001-04, during which time New England won three Super Bowl titles. Over 54 regular season games in those four seasons, Patten recorded 165 catches for 2,513 yards and 16 touchdowns.

New England brought Patten back as a free agent this offseason, but the 35- year-old opted to hang up his cleats.

"I honestly felt like I could still play this game and play it at a high level," Patten said at a Saturday press conference. "I felt like the competitive, spirited nature was still here, but over the course of the last two days, over the course of the break away from the team, there was a lot of reflection, and there was a lot of contemplation and it just felt like it was time. It just hit me yesterday."

After leaving the Patriots, Patten played for Washington (2005-06) and New Orleans (2007-08), and signed with Cleveland last offseason but did not play after being waived prior to the start of the season.

The undrafted Western Carolina product, who also had stints with the Giants (1997-99) and Browns (2000), finishes his career with 324 catches for 4,715 yards and 24 touchdown receptions. He also returned a kickoff for a score for the New York during the 1998 season.

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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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