The discussions about contenders and pretenders is very heated every year, but as more and more teams improve via trades, free agent signings or draft picks, the line between being a total outsider and an outsider with enough potential to surprise is pretty thin…. 16 October 2015 00:45
By botev1921 in Basketball
NBA Season Preview 2016 – Pretenders
I continue my series of blogs prior to the NBA season with a quick look into those teams, who are labelled “pretenders” overseas or putting it differently, are very likely to disappoint over the upcoming months. more
Other Under Armour athletes include New England Patriots quarterback Tom Brady and Bryce Harper, who plays for baseball’s Washington Nationals.
The Baltimore-based company today reported quarterly profit that was twice as strong as Wall Street analysts had expected, thanks in part to a 64 percent increase in sales of athletic footwear, with Curry basketball and running shoes responsible for the gain.
During the most recent quarter, Under Armour revenue surged 30 percent to $1.05 billion, while net income jumped 63 percent to $19 million, or 4 cents per share.
For most of his life, pro basketball player Stephen Curry was a fan of Nike (NKE) and endorsed the company’s products. “When Stephen Curry decided to average 30 points this season to take the scoring title while wearing the number 30, we thought that putting up 30 percent growth on our end was the best way for us to demonstrate our pride and support of Stephen and the Warriors.”
The 22-year-old Spieth is a pro golfer with promising future, who gained notoriety recently after squandering a chance to win the Masters Tournament with poor play.
Curry remains a fan favorite, which should help Under Armour accelerate sales of his footwear, including the Curry 2.5 shoe, which debuts later this month, and the Curry 3 due to launch later this summer.
The athletic apparel maker’s other lines of business performed well during the quarter, and China was another bright spot. “By turning on the young fans, that not only leads to current purchases but hopefully will build a brand loyalty with those customers as they become older teenagers and grow into their 20s.”. All Rights Reserved. Not only did Curry’s Golden State Warriors start the season with a record of 24-0, but they ended it by breaking the league’s single-season win record — held by Michael Jordan’s Chicago Bulls.
“It seems like the shoe business will help them open a lot of doors and drive brand awareness internationally,” said Betty Chen, an analyst at Mizuho Securities, who rates Under Armour as a “buy.” “We also think they are likely taking share from other brands.”
“And to be clear, that 30 percent number was no accident,” said Under Amour Chief Executive Kevin Plank today in a conference call with Wall Street analysts. His stumble, though, didn’t hurt the performance of Under Armour’s golf business, which helped fuel a 20 percent gain in apparel sales during the latest quarter.
Curry, 28, is considered by many sports writers to be a shoo-in to win the NBA’s Most Valuable Player Award for the second straight year. Now, Nike’s loss is clearly Under Armour’s gain.
Under Armour’s ties to Curry and other big-name athletes is getting much of the credit.
“A large part of these gains is tied to their ability to connect with and have relations with arguably with three of the most transcendent athletes that we have now in sports with Steph Curry, [pro golfer] Jordan Spieth and [NFL quarterback] Cam Newton,” said Patrick Rishe, director of the sports business program at the Olin Business School at Washington University in St.
Beaverton, Oregon-based Nike made several blunders in courting Curry, including mispronouncing his name during a business meeting, according to ESPN. According to the company, it earned more revenue in 90 days in China this year than it did in the full year of 2014.
Newton, 26, quarterbacks the Carolina Panthers and is one of the most popular players in the NFL. Louis
Bettors wagering on the over would win their bets if the total combined score was 189 or greater, while bettors wagering on the under would win their bets if the combined total score was 187 or fewer points. This is how the bookies and sportsbooks make their money. Along with football, basketball use the point spread for wagering on sides (teams), as well as an over/under number. In parlays and teasers bettors must correctly predict the winners of two or more games. For a more detailed explanation of totals see Introduction to Totals.
Essentially, a total is the predicted combined score of the two teams playing. But because some teams are given a better than 50-percent chance of winning, money line wagers are made using odds, so that if you bet on the team expected to win you will be asked to risk considerably more than you stand to win. The extra dollar is essentially the bookie’s fee for accepting our wagers.
TotalsThe second most popular method of wagering on basketball is in betting totals, also known as over/unders. One is the money line wager, which is a bet on the winner of the game without the point spread. For a more detailed explanation of the point spread see Introduction to Point Spreads.
What this means is that bettors taking the Celtics are asked to put up $30 to win $10, while those believing the Knicks will win are asked to risk $10 to win $24.
Boston Celtics -300
New York Knicks +240
Parlays and TeasersThe other types of wagers involving basketball come in the form of parlays and teasers, which are sometimes called exotic bets. If I bet $11 on the Celtics and you bet $11 on the Knicks, the bookie collects $22 between us, but only returns $21 to the winner.
With the point spread, the team expected to win will be called the favorite, while the team expected to lose will be called the underdog. Many fans find that dealing with the point spread, or with totals, easier than using the money line.
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If the Celtics are playing the Knicks, most bettors would bet on the Celtics to win the game. Again, if the combined score is exactly 188 points, the bet is considered a push, or a tie, and no money changes hands.
7 Steps to Organize Your Craft Room. More about money line betting can be found at Introduction to Money Lines.
The money line odds on a game will look something like:
In our hypothetical game between the Knicks and the Celtics, the over/under number might be 188. On parlays, bettors have the option of betting against the point spread or using the money line, while teasers are made using the point spread and players can adjust the point spread in their favor.
The one catch about parlays and teasers is that all of your teams must win or the entire bet is a loss. A number will be posted and bettors have the option of wagering more than the predicted total points will be scored (over), or less than the predicted total points will be scored (under).
Both wagers are described in more detail at How to Bet Parlays and How to Bet Teasers.
Betting basketball isn’t difficult and it typically ranks second in terms of betting dollars behind football. Even if you correctly pick five out of six games, a parlay or teaser wager is still a loss.
All sports betting was done with money lines at one point, but with too many people betting on the obvious favorites all of the time, the point spread was introduced and sports betting hasn’t been the same since.
When betting against the point spread, bettors are asked to lay 11-to-10 odds, which means that they risk $11 to win $10. The team expected to win gives, or lays, points to the team expected to lose for betting purposes.
How to Bet BasketballOf the four major sports, basketball is one of the easiest to bet on. But say the point spread will make the Celtics a 10-point favorite.
By Allen Moody
What this means is that the Celtics have to win by 11 or more points for its bettors to win their bet, while those betting on the Knicks would win their wagers if the Knicks won the game or lost by nine points or less. If the Celtics win by exactly 10 points, the bet is a push, or a tie, and no money changes hands.
Just as with the point spread, bettors are asked to lay 11-to-10 odds and risk $11 to win $10 on each over/under wager.
Money Line WagersWhile betting against the point spread or on totals make up the vast majority of basketball wagers, bettors also have several other betting options available to them. If you know how to bet on football, you already pretty much know how to bet on basketball.
The most common method of betting basketball involves the point spread, which is a handicap the sportsbooks impose on one team to make both teams equal in terms of betting