White Sox pick up Jackson from Arizona

Baseball Betting Lines

07/30/2010 - Phoenix, AZ (Sportsbook Betting Lines) - The Chicago White Sox have acquired pitcher Edwin Jackson from the Arizona Diamondbacks in exchange for pitchers Dan Hudson and David Holmberg.

Jackson was in his first year with Arizona after being acquired from Detroit in a three-team deal that included the New York Yankees last December.

The 29-year-old right-hander is just 6-10 with a 5.16 earned run average in 21 starts this season. However, his crowning achievement came on June 25 against Tampa Bay when he threw the second no-hitter in Arizona history.

Jackson has a career mark of 44-49 with a 4.74 ERA in 160 games, including 131 starts, in eight big league seasons with the Dodgers, Rays, Tigers and Diamondbacks.

After a 14-win season for the Rays as part of their American League pennant season in 2008, Jackson was shipped to Detroit and had his best year in 2009. He was 13-9 with a 3.62 ERA in 33 starts and earned his first All-Star nod.

Hudson was considered one of Chicago's top prospects and was recalled earlier this month after a record of 11-4 with a 3.47 earned run average in 17 starts for Triple-A Charlotte. He has made three starts for the Sox this season, posting a record of 1-1 with a 6.32 earned run average.

The 23-year-old right-hander has made nine big league appearances, including five starts, and has a mark of 2-2 with a 4.72 ERA. He was 30-13 with a 2.90 ERA in 57 games from 2008-10 in the minors.

Holmberg, just 19 years old, has compiled a record of 3-3 with a 4.02 ERA in 21 games, including 14 starts, during his two seasons in Chicago's minor league system. The lefty was selected by the White Sox in the second round of last year's draft.

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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:

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