EverBank, Jaguars agree to naming rights pact for stadium

Football Betting Lines

07/27/2010 - Jacksonville, FL (Sportsbook Betting Lines) - EverBank and the Jacksonville Jaguars announced a five-year agreement Tuesday for the naming rights to the team's stadium.

EverBank Field will replace the moniker of Jacksonville Municipal Stadium, which has stood since 2007 when Alltel completed a 10-year agreement.

The joint announcement was made by team owner Wayne Weaver, EverBank CEO Rob Clements and Jacksonville city council president Jack Webb Tuesday.

"I clearly think it's a game-changer," Weaver said of the deal. "Today's announcement demonstrates (EverBank's) confidence that Jacksonville is a viable football market."

The Florida Times-Union reported Monday the terms call for the team to receive 75 percent of the stadium naming rights revenues and the city 25 percent. The Jacksonville city council is expected to approve of the deal at a meeting Tuesday night.

"It's our belief that this partnership will continue," said Clements. "It reflects our strong conviction in this team and in this city. We are major stakeholders in this city and we believe we're going to have a long-term relationship with the team."

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Online Sportsbook Football Betting

Why Sports Betting is so much fun?

Betting Sports

The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)

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Points (or Runs) Scored

Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.

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Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.

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Proposition Bets (or Prop Bets)

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Types of Bets

Straight Bet

Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.

Sports Betting Parlays

A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.

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