Cubs ship Lilly and Theriot to Dodgers

Baseball Betting Lines

07/31/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs have traded pitcher Ted Lilly and infielder Ryan Theriot to the Los Angeles Dodgers in exchange for infielder Blake DeWitt and a pair of minor league pitching prospects.

Chicago also sent cash considerations to the Dodgers and picked up right- handers Kyle Smit and Brett Wallach from LA.

Lilly had been rumored to be on the trading block all week leading up to Saturday's deadline. He is just 3-8 with a 3.69 earned run average in 18 starts this season, but has been a double-digit winner in each of the last seven years.

The 34-year-old lefty was 47-34 with a 3.70 ERA in four seasons with the Cubs and has also pitched for Toronto, Oakland, the New York Yankees and Montreal. He owns a career record of 106-92 with a 4.21 ERA in 298 games, all but 25 of which have been starts.

"We've been looking to improve our rotation and with Ted, we feel like we've got a very good group of starting pitchers for the stretch run," said Dodgers general manager Ned Colletti. "Ryan is versatile and can help us in the middle of the diamond as a nice complement to our existing infielders."

Theriot had spent his entire six-year career with the Cubs and this year was batting .284 with one homer and 21 runs batted in through 96 games. The 30- year-old Louisiana native is a career .287 hitter with 15 homers and 174 RBI in 609 games.

DeWitt was in his third season with the Dodgers. In 82 games this season, he was batting .270 with a homer and 30 runs batted in. After hitting .264 in 117 games as a rookie in 2008, he struggled and spent most of 2009 in the minors. In 31 games with the Dodgers last year, the 24-year-old batted a mere .204.

"Of all the times I've had to tell a player he was traded, this was one of the toughest telling Blake DeWitt," Colletti added. "His professionalism, his passion and who he is made doing this one of the toughest moves I've made."

Smit has split this season at Single-A and Double-A. The 22-year-old is 5-3 with six saves and a 2.35 ERA in a combined 37 appearances.

Wallach, the 21-year-old son of former major leaguer Tim Wallach, was 6-0 with a 3.72 ERA in 17 starts for Single-A Great Lakes this season.

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Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.

Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.

MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.

"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."

Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com

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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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