Rockies give Helton contract extension

Baseball Betting Lines

03/11/2010 - Tucson, AZ (Sportsbook Betting Lines) - The Colorado Rockies and first baseman Todd Helton have agreed to terms on a two-year contract extension that will allow him to finish his career with the franchise.

The new deal will take Helton through the 2013 season. He has also agreed to defer a portion of his contract over a 10-year period beginning in 2014.

"This is a great commitment for both the organization and me," Helton said in a statement from the team. "Potentially, it allows us to continue to put a championship caliber club on the field and allows me the opportunity to finish my career as a Colorado Rockie. Because I am a Rockie."

Helton is the franchise's all-time leader in nearly every offensive category. The five-time NL All-Star was selected by the Rockies in the first round of the 1997 draft and made his big league debut later that season.

The 36-year-old veteran is a career .328 hitter with 325 homers and 1,202 runs batted in over 1,812 games. Last season, he batted .325 with 15 homers and 86 RBI in 151 games.

"His commitment to the standard of team, his strength of character and the mutual trust and accountability between Todd and the organization made the extension right for both of us," said Rockies general manager Dan O'Dowd.

Helton is just the fifth player in big league history with 500 doubles, a .325 average and 320 homers. The others are Hall of Famers Stan Musial, Ted Williams, Lou Gehrig and Babe Ruth.

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The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)

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Points (or Runs) Scored

Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.

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Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.

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Proposition Bets (or Prop Bets)

Proposition bets , also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:

Types of Bets

Straight Bet

Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.

Sports Betting Parlays

A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.

Standard payoffs on a two-team parlay are 13/5; while a three-teamer pays 6/1; and a four-teamer 10/1.

Parlay cards are also fairly common in sportsbooks and popular with bettors, as they are released early in the week with set odds that do not change in return for a slightly lower payoff.

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Adventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin . A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C – with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.

Betting Teasers

Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.

These are the main types of sports bets available today. But as sports betting continues to grow, sportsbooks will continue to develop new and creative ways to bet. We’ll continue to track these changes to the sports gambling landscape, so check back often and we’ll tell you all about it!

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