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A sad, tragic end in Memphis

Basketball Betting Lines

07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - A body riddled with bullets was found in Southeast Memphis Wednesday afternoon in a thickly wooded area near FedEx's world headquarters.

It was just another sad ending in a city that has become notorious for its gang problems and ever-increasing homicide rate.

But, Lorenzen Wright was the last person they should have been caught up in the underbelly of Memphis.

Wright spent 13 years in the NBA after being selected seventh overall by the Los Angeles Clippers in the 1996 draft.

Raised near Oxford, Miss., the River City would become a constant in Wright's short life. The 6-foot-11 power forward played his high school and college ball in Memphis, and eventually ended up with the Grizzlies in 2001-02 when he was traded by the Atlanta Hawks along with Pau Gasol and Brevin Knight to the Grizz for Shareef Abdur-Rahim and Jamaal Tinsley.

Although he never lived up to the billing of a top 10 pick, Wright carved out a niche that enabled him to make over $55 million dollars over his NBA career, and he never hesitated to give back to his hometown.

During his first of three NBA stints in Atlanta, Wright, Penny Hardaway and two other Memphis-area NBA players (Todd Day and Elliot Perry) furnished $10,000 to Travis Butler, a 9-year-old boy who lived with his mother's corpse for a month out of fear he would be put in foster care if anyone found out she was dead.

He also founded the Sierra Simone Wright Scholarship Fund designed to award students for academic achievement and heavy involvement in their school or community after the death of his infant daughter in March 2003.

Now, all that's left of Wright's legacy is for police to figure out what happened to him in the early morning hours of July 19.

The 34-year-old Wright was last seen alive on July 18 and was reported missing by his family four days later. A 911 call was received from Wright's cell phone at 1:00 am on the 19th and the caller, presumably Wright, was speaking with the dispatcher when several gun shots rang out.

According to 730 Fox Sports in Memphis, Wright was shot at least a dozen times and possibly as many as 18 times, a fact that most investigators will tell you points away from a random act of violence.

By Wednesday night, local media reports had nearly 200 people gathering in the area Wright's body was found as investigators combed the area for evidence and brought in a mobile command center.

"We are deeply saddened by the tragic death of Lorenzen Wright," Grizzlies owner Michael Heisley said in a statement. "We lost a member of the Grizzlies family. Lorenzen delighted fans on the court with his passion and off the court with his generosity in a Memphis community that watched him grow throughout his playing career at Booker T. Washington High School, the University of Memphis and the NBA."

Family and friends, meanwhile, are having a difficult time coming to terms with Wright's tragic end.

"Lorenzen's family has come together to mourn his loss and honor his legacy," his family said in a statement issued through their cousin, Camella Logan. "We appreciate your thoughts, prayers and condolences as they are comforting at this very difficult time. Additionally, we ask that you please respect our privacy as we try to cope with his sudden loss."

"I cried, the emotions hit me immediately," Hardaway told Eyewitness News in Memphis. "It's sad because we lost a good person and a brother."

Wright leaves behind six children and a mystery for Memphis to solve.

"To end his career and his life like this here in some woods, that's not good," friend Stan McKinley said. "You don't do a dog like this. It's just a really sad day for the city as a whole."

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What Is the Point Spread?

What are Sports Betting Point Spreads?

In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).

If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).

Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.

How to Read Point Spreads

New England Patriots -7 vs. Philadelphia Eagles

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:

  • Philly wins the actual game by any amount of points
    OR
  • Philly loses the game by less than 7 points.

  • There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.

    The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:

    Philadelphia Eagles +7 vs. New England Patriots

    Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.

    For Those Who Like to Consider Things Mathematically

    Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:

  • Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
    OR
  • Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

    Who Really “Won” the Super Bowl odds ?

    Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21

    The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.

    Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.

    Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).

    Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.

    And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.

To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.