Former Buckeye, Raider Tatum dies

Football Betting Lines

07/27/2010 - Columbus, OH (Sportsbook Betting Lines) - Hard-hitting linebacker/safety Jack Tatum has passed away at the age of 61 after suffering a heart attack on Tuesday.

Nicknamed "The Assassin," Tatum played for Ohio State from 1968-70 and for the Oakland Raiders from 1971-79 before finishing his professional career with the Houston Oilers in 1980.

"We have lost one of our greatest Buckeyes," said current OSU head coach Jim Tressel. "When you think of Ohio State defense, the first name that comes to mind is Jack Tatum. His loss touches every era of Ohio State players and fans."

Originally slated to be a running back for the Buckeyes, Tatum was moved to the defense and helped Ohio State go 27-2 with a national championship and two conference titles in his tenure at the school. He was a two-time All-American and the national defensive player of the year as a senior.

Tatum was a first-round pick by Oakland in the 1971 NFL Draft and was a three- time Pro Bowl free safety and a Super Bowl champion in 1976. In 10 seasons, he recorded 37 interceptions and 10 fumble recoveries.

He was inducted into the Ohio State Athletics Hall of Fame in 1981 and the College Football Hall of Fame in 2004.

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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 .

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