Rays give Maddon three-year extension

Baseball Betting Lines

02/15/2012 - St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays rewarded manager Joe Maddon with a three-year contract extension on Wednesday.

Maddon took over the team prior to the 2006 season and suffered through two losing campaigns before finding success. In 2008, he piloted the franchise to its first winning season (97-65), an AL pennant and a trip to the World Series before falling to Philadelphia in the Fall Classic. Maddon was later rewarded by being named AL Manager of the Year.

The Rays have averaged 90-plus wins over the past four seasons, with three playoff appearances during that span. Tampa Bay has lost in the ALDS in each of the past two seasons.

"In 2005, we hired Joe to be the long-term manager of the Rays, and this extension reaffirms our commitment to him," said Rays executive vice president of baseball operations Andrew Friedman. "I have tremendous respect for Joe's leadership and for his unwavering belief in our players and the entire Rays organization."

Maddon led the Rays to a 91-71 record this past season and was named AL Manager of the Year once more. He is one of only four active managers to win the award multiple times, joining the Mike Scioscia of the Los Angeles Angels of Anaheim, Jim Leyland of the Detroit Tigers and the Dusty Baker of the Cincinnati Reds.

"As I have said before, I believe this is the best organization in Major League Baseball, and I feel fortunate knowing I will be a part of this for the next several years," Maddon stated. "Our ownership group, front office staff and players make the Rays organization the place I want to be."

Prior to his time with Tampa Bay, the 58-year-old Maddon spent 31 years with the Angels organization, including six seasons as bench coach under Mike Scioscia. He was a member of the coaching staff for the 2002 Angels team that defeated the San Francisco Giants in seven games in the World Series. Maddon also saw two stints as interim manager with the Angels (1996, 1999).

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Online Sportsbook Football Betting

Why Sports Betting is so much fun?

Betting Sports

The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)

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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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Future Bets

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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Straight Bet

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.

Sports Betting Parlays

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.

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