Bonds officially appeals conviction

Baseball Betting Lines

12/22/2011 - San Francisco, CA (Sportsbook Betting Lines) - Barry Bonds has officially appealed his felony conviction on obstruction of justice.

An attorney for Bonds submitted the notice of appeal in U.S. District Court on Wednesday, six days after the seven-time MVP was sentenced to 30 days house arrest and probation for his evasive 2003 grand jury testimony in the BALCO steroids case.

"Defendant Barry Lamar Bonds hereby appeals from the judgement and sentence imposed by the court in this matter on December 16, 2011," read the letter signed by attorney Dennis P. Riordan.

U.S. District Judge Susan Illston sentenced Bonds to house arrest, two years of probation, 250 hours of community service and a $4,000 fine last Friday.

The judgement in Bonds' more than four-year-old legal case was stayed pending the appeal.

He was originally indicted in November 2007, but an appeal over evidence and subsequent motions set the start date of his trial back several years to March.

Bonds, 47, owns some of the highest-profile records in baseball, including 73 home runs in 2001 with the Giants and 762 career homers.

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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.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

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