Temple's Golden, Dunphy get new contract extensions

NCAA Basketball Betting Lines

05/05/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Temple University head football coach Al Golden and head men's basketball coach Fran Dunphy received lengthy contract extensions on Wednesday.

For Golden, it is a five-year extension, while Dunphy was the recipient of an eight-year pact.

"We are very pleased to be able to reach new long-term agreements that will keep Fran Dunphy and Al Golden in charge of our most visible programs," said Temple director of athletics Bill Bradshaw.

Golden, 40, has been Temple's head coach since the 2006 season and steadily built up the program. This past season the Owls went 9-4, achieving their first winning season since 1990 and first bowl appearance since 1979 -- the EagleBank Bowl at Washington D.C. in December -- where they fell to UCLA.

"I'm thrilled for our staff, and most especially our student-athletes, for the opportunity to continue our commitment of making our football program a vital component of the Temple community, support the mission of the university and to strengthen the Temple brand on a national scale," Golden stated.

Overall, he has compiled a 19-30 record that includes a 15-9 mark in the Mid American Conference, which Temple joined in 2007.

Prior to joining the Owls, he was the defensive coordinator at Virginia and also held coaching positions at Penn State, his alma mater, as well as Boston College.

The 61-year-old Dunphy finished his fourth season at the helm by guiding the Owls to a 29-6 overall record -- best since John Chaney's 1999-2000 squad finished 27-6 -- that included the school's first regular-season Atlantic 10 title since 2002, a third consecutive conference playoff title and a berth in the NCAA Tournament.

"I am very thankful for the opportunity to continue to serve as the Temple University men's basketball coach," Dunphy said. "The past four years have been special and my staff and I are already looking forward to the 2010-11 season."

Since taking the reins from Chaney for the 2006-07 season, Dunphy has gone 84-49 (42-22 in the A-10) and reached the NCAA tourney three times. This run of success followed his 17-year stint at the University of Pennsylvania, which saw the Quakers win or tie for the Ivy League crown on 10 occasions between 1989-2006.

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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.

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