Sports betting has been around since 1000 B.C in China, where betting on animal fights was commonplace. In ancient Rome, one could wager on the Gladiatorial games. The idea of betting on sports is as old as organized sport itself. But up until the 1940s, bettors were fairly limited in what kind of bets they could make. The standard system of odds would allow bets on, for example, the 3-1 odds that the Steelers would beat the Browns.
As you can see, there’s another number in our example above. The –110 in parentheses refers to the juice; this figure is expressed in the same fashion as moneyline odds, with either a negative or positive sign in front of the number. In this case, in order to place a wager on either side, you would have bet $110 to win $100. If the juice on Kansas City had been +110, you would have bet $100 to win $110. Most NFL game lines ask you to pay the standard –110 vigorish. If you don’t see any particular figure attached to the spread, the usual –110 vig applies.

The odds given on the spread are usually -110 unless otherwise noted. It is not uncommon to see one side of the spread being -105, with the other side being -115. If you don’t see any odds listed for each side of NFL spreads you are supposed to assume the odds are -110 on each. Not sure how to read NFL betting odds? Check out our Sports Betting Odds guide.

If a team favored by six points wins by exactly six points, the outcome is considered a "push" and the bettors get their money back, minus the bookmaker's commission. To reduce the number of pushes, oddsmakers often set spreads with half-points. So if the Cowboys are 3 1/2- or 3.5-point favorites over the Giants, they must prevail by four or more points to pay winning bets.


In this instance, the Dodgers are the favored team, as signified by the negative numeral. It would cost you $130 in order to collect a $100 payout on a Dodgers victory (plus the original wager of $130). But if you bet $100 on the Cubs, you'd collect $120 if they win (plus the original wager). In other words, you'll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet.
If you've never set foot in an actual sportsbook before or logged into an online sportsbook, the chances of you getting overwhelmed when you actually do is very high. In an actual Las Vegas sportsbook, there is typically a lot of commotion and the odds and lines are displayed on a massive digital board for everyone to see. When a novice sports bettor looks at the massive digital signage, they will see a bunch of numbers, both positive and negative, some two digits, some three digits. They also won't have a clue what any of it means. The same can be said for the online sportsbooks. It looks like a massive spreadsheet with negative and positive numbers beside each teams' name.
Firstly you really need to understand the basics of what sports betting is all about, and what's involved with placing wagers. These basics are relatively straightforward, so thankfully it doesn't take long to get up to speed. It's definitely advisable to familiarize yourself with them though. Our beginner's guide to sports betting is the perfect resource for this. Here's a selection of some of the topics it covers.
The easiest way to see how your favorite team has been going against the closing point spread line is to visit The Football Lines .com's NFL Spread Results pages, here you will find the results for all 32 pro football teams against the closing NFL spread listed by AFC teams and NFC teams. These results are also archived by the week and include the most current games right back to the 2007 NFL season. With green representing a win against the closing spread, yellow a push and red a loss our NFL Spreads Results are an easy way to identify teams who are on a winning or losing streak, how different teams have performed against the spread after a bye week or how different teams have gone over the years in various NFL weeks.
Certainly, there is a possibility that other tribes in New Mexico will attempt to take advantage of the broad language of their compacts to offer sports betting, but they may be waiting to see how the launch at the Santa Ana goes. Walker of USBookmaking said “we’re in active negotiations in New Mexico,” as well as looking at potential opportunities elsewhere.
It's also important to consider whether or not there's any correlation between the point spread and the betting total. If they are, a parlay wager is a good way to get maximum value. For example, a college football point spread +24.5 parlayed with under 48 points in the same game might be a great parlay bet. If the +24.5 team covers the point spread, then there's an increased chance that the game also goes under the posted total of 48.
Essentially, a moneyline bet is a bet on which team is going to win the game. There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa.
In the United States, it was previously illegal under the Professional and Amateur Sports Protection Act of 1992 for states to authorize legal sports betting, hence making it effectively illegal. The states of Delaware, Montana, Nevada, and Oregon—which had pre-existing sports lotteries and sports betting frameworks, were grandfathered and exempted from the effects of the Act.[6]
The key here is to target the point spread five and seven, because these are virtually tied as the most common margins of victory. It's important to recognize that most betting sites are only willing to sell 2 or 3 half points for 10 cents each, after which point they start charging more. Some sites sell up to four half points at this price though.
No. The point spread is not a prediction of the final score, but rather is created to generate an equal amount of betting on both sides. In a perfect world, a sportsbook will get the same amount of money bet on the Rams to cover as they get on the Patriots to cover. If there is an even amount of money bet on both sides, the house is guaranteed to profit because of the juice (more on that below) placed on bets.
To show how this can be exploited, take a point spread of -8.5 at odds of -110. This is a 50/50 proposition. Let's assume you've purchased enough points to move the spread to -6.5 at odds of -150. Now, you'd win instead of lose 6.24% of the time they win by 8, and 6.59% of the time they win by 7. Add these together with the 50% from the original proposition, and we get 62.83%.
Essentially, a moneyline bet is a bet on which team is going to win the game. There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa.
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground dog fighting.
The main purpose of placing a wager on a game or event is to win money. That is what drives the industry and it's what has both amateur and pro bettors competing amongst themselves to prove who the best handicapper is. If you ever find yourself placing a bet with the expectation of losing, you are in the wrong business. Whether you can believe it or not, sportsbook place bets from time to time with the expectation losing in order to secure a profit. This term is called the "layoff" Read More >>
Before actually betting or creating your draft for your fantasy football team, it’s best to take time to study the methods well and find a credible website that would give you the best forecast for NCAA Football Odds. The key to a higher probability in winning is to be able to use all the odds in correlation to each other. Once you understand how NCAA Football Odds computed, you’re on the right track to achieving your goal.
Hello! I'm Stephen and am the creator of Fast Break Bets. I'm a young Chicagoan with a huge passion for sports betting and analytics. My interest in betting started back in 2011, and I have been studying models and strategies ever since. Fast Break Bets launched in 2015 to primarily help others become a successful sports bettor and share my models' projections. So browse around, follow @FastBreakBets on Twitter, and feel free to ask me a question!
The busiest season of the year in the sports book is upon us. Betting on football makes up more than half the money wagered on sports every year in Nevada. The Nevada Gaming Commission doesn’t break down the wager money by the level of football. However, it’s widely discussed that there’s more money wagered on the NFL than college football. Canadian and Arena football are really just available to pass the time for fans until the fall.
The ICC shares anti-corruption jurisdiction with national cricket federations, all of which have anti-corruption rules substantially identical to those of the ICC. The ICC has elaborate mechanisms for determining whether it or a national federation will take action under the relevant anti-corruption code. In general, the ICC has either exclusive or priority jurisdiction over international matches, while national federations have responsibility for actions relating only to domestic matches.
All this means to someone betting on New England is that in order for them to win their wager the Patriots must win by more than four points. For another bettor placing his money on Seattle, the Seahawks must either win the game outright or lose by less than four points. If the outcome of the game were to be decided by exactly four points, it what result in what is called a “push” where both bettors would neither win or lose their wager.
“Permitted Class III Gaming. The Tribe may conduct, only on Indian Lands, subject to all of the terms and conditions of this Compact, any or all forms of Class III Gaming” (emphasis added). The agreement between the state government and Tribal governments seemingly grants the tribes, subject to the compact, extensive authority to authorize Class III gaming at their facilities.
The point spread is the projected number of points that separate two teams.  A game with a spread will have a favorite (the team expected to win) and an underdog (the team expected to lose).  A favorite “gives” points and is identified with a minus sign next to their point spread.  The underdog “gets” points and is identified with a plus sign next to their point spread.
A quick word on that annoying half point in the point spread – most lines you’ll come across will use half points, but it’s not standard practice across the board. When you see a line with a full number instead of a number with a half point, your wager could end up as a push. In our example, if the line were 7 instead of 7.5 and the final difference in points was exactly 7, your wager is returned to you, and neither you nor the book makes money.
"There’s only so much discretionary income in the Commonwealth, and if this new form of betting taps into it, we feel our sales could be negatively impacted, which in turn could effect proceeds to the Commonwealth," Polston said in an email. "As those proceeds fund college scholarship and grant programs — including every dollar of the popular KEES scholarship — there’s a lot at stake here."
Okay, so the other betting option available to you is the total or ‘Over/Under.’ You can choose to bet that the total points between the two teams will either be greater (OVER) or less than (UNDER) the projected total. Again, if you bet either way and the game ends up being 20-21, for a total of 41 points, then you will receive a refund of your wager amount.
Identify the favorite. Lines with a - before the number (i.e. -200) indicate the favorite. A -200 should be read as: "For every $200 wagered, I win $100." When there is a negative sign, the line should always be read with relation to 100. That does not mean you have to bet that much, it's just easiest to understand! When a + sign is present, just reverse the reading, always keeping reference to 100:
Even if you’re brand-new to betting on football, you’ve probably seen NFL spreads published in the paper or talked about on TV. The point spread levels the playing field, making betting on either the favorite or the underdog equally attractive. Either the favorite has to win by the margin listed, or the underdog has a buffer to lose the game by that margin, or win it outright.
A wager on the Giants on the spread does not mean that New York has to win the game in order for you to win cash. All the G-Men have to do is come within 8 points of the ‘boys, and you’re a winner. You determine a winning or losing point spread by adding or subtracting 7.5 from the final score, depending on which side you laid your bet. If you’re confident that New York will at least come within a touchdown of beating the Cowboys, or beating them outright, then you’d wager on the spread in favor of New York.
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