Colts name Telesco VP of football operations

Football Betting Lines

02/08/2012 - Indianapolis, IN (Sportsbook Betting Lines) - The Indianapolis Colts have promoted Tom Telesco to vice president of football operations.

Telesco, who spent 14 years in the personnel department, was promoted by new general manager Ryan Grigson. The announcement was made Wednesday.

With the Colts since 1998, Telesco spent the last six years as the team's director of player personnel.

Grigson called the promotion "well deserved" and said Telesco has a "bright football mind, conveys his points well and is highly respected in and around league circles."

Telesco was formerly a scouting assistant for the Carolina Panthers for two years, then an area scout.

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SPORTS BETTING

NFL Football Betting Online

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.

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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.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

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