Ole Miss basketball coach Kennedy settles lawsuit

NCAA Basketball Betting Lines

08/17/2010 - Jackson, MS (Sportsbook Betting Lines) - Ole Miss men's basketball head coach Andy Kennedy has agreed to settle a lawsuit stemming from a December 2008 run-in with a cab driver in Cincinnati.

The Clarion-Ledger on Tuesday reported that Kennedy will pay an unspecified amount of money to drop a defamation lawsuit against Mohammed Jiddou and valet Michael Strother, if the two men in turn apologize to Kennedy and drop any potential countersuits.

The amount of the settlement will be confidential, according to the paper.

Kennedy was arrested when Ole Miss was in Cincinnati to play Louisville in the SEC-Big East Challenge. In the police report, Kennedy, who was arrested in the early morning hours, was alleged to have punched Jiddou while shouting racial slurs.

Witnesses to the events of that night have reported Kennedy may have been intoxicated, then was told to leave a bar called The Lodge in downtown Cincinnati before the incident occurred.

Kennedy, who was accused of verbal and physical abuse, eventually pleaded guilty to a reduced charge of disorderly conduct.

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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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