Wie, Shin share lead at Canadian Women's Open

Golf Betting Lines

08/28/2010 - Winnipeg, MB (Sportsbook Betting Lines) - Michelle Wie shot an even-par 72 on Saturday and was joined in the lead by Jiyai Shin after three rounds of the Canadian Women's Open.

Shin carded a three-under 69, bouncing back from a pair of bogeys with three birdies in her last six holes. She rallied to tie Wie at 10-under 206 and the two women shared a four-shot lead over defending champion Suzann Pettersen and two other players.

Wie is seeking her second career win after finally breaking through for No. 1 last season. Shin has seven career victories, including last month's Evian Masters, and has been the No. 1 player in the world rankings several times this season.

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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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