Bosh arrives in Miami via sign-and-trade

Basketball Betting Lines

07/09/2010 - Miami, FL (Sportsbook Betting Lines) - Chris Bosh officially joined the Miami Heat Friday night via sign-and-trade with the Toronto Raptors.

The Raptors acquired two first-round draft picks and a trade exception from the Heat to facilitate the deal.

Bosh announced Wednesday that he would join forces with Dwyane Wade to play in Miami, although there was some question as to how the five-time All-Star would arrive on the Heat - either directly through free agency or in a sign-and- trade. It became a triumvirate All-Star festival Thursday night when LeBron James announced he was going to Miami. Because Bosh arrived in the sign-and- trade mode, he can be paid as much as $128 million, but he'll likely have to earn less. He could have gotten as much as $99 million through free agency.

"It's all about winning," Bosh said during a press conference Friday night after the Heat held a celebration for their big three free agents. "If it was about money and it was about numbers we'd all go back to our respective teams. When you get wins, all the individual accolades come. I averaged my career best last year and nothing happened."

Bosh averaged 24 points and 10.8 rebounds last season, but the Raptors finished two games below .500 and missed the playoffs.

"We all just witnessed an unprecedented moment in professional sports as these three young stars have joined forces in an attempt to completely transform this league. We are certainly sorry to see Chris leave, but we are planning to use these acquired assets to retool our roster and evolve as an organization," said Raptors president and general manager Bryan Colangelo.

The Raptors reacquired their own 2011 first-round pick originally sent to the Heat on February 13, 2009 and Miami's 2011 first-round draft choice (lottery protected). The Raptors traded Jermaine O'Neal and Jamario Moon to the Heat in that February 13 deal for Shawn Marion and Marcus Banks.

The fourth overall selection in the 2003 NBA Draft, Bosh has career averages of 20.2 points, 9.4 rebounds, 1.2 blocks. He is the all-time franchise leader in points (10,275), total rebounds (4,776), free throws made (2,997) and blocks (600).

"Playing with these guys, sure the numbers are going to go down," Bosh said. "But the wins are going to go up. It just falls into place. We just have to make this place an environment where we work hard and put the team first."

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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:

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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.

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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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