The one variance you might come across in any pointspread listing is the commission owed on a bet. Instead of moving the actual spread for a game, some books will try and direct money one way or the other by adjusting the juice. For example, if there was a (-120) next to the listed pointspread, you would now owe $120 on a losing $100 bet. Sometimes a book will reduce or eliminate the juice all together to move money towards a particular side of a matchup. In this case, you might see (-105) or (+100) next to the pointspread to signify the reduced or zero commission for that bet.
The New England Patriots are currently the favorites to win Super Bowl 53. The point spread opened with the Rams installed as a one-point favorite following the AFC Championship Game, but before the end of the night, the Patriots were a two-point favorite at most sportsbooks. The line has climbed to 2.5 points at most sportsbooks, with a couple going up to three points.
The level of the gambler’s profit or loss will be determined by the stake size selected for the bet, multiplied by the number of unit points above or below the gambler’s bet level. This reflects the fundamental difference between sports spread betting and fixed odds sports betting in that both the level of winnings and level of losses are not fixed and can end up being many multiples of the original stake size selected.
So the sportsbooks and bookies created a point spread to make both teams equally attractive in the eyes of bettors. Carolina was installed as a 6-point favorite, which is commonly written as Carolina -6. Denver, the underdog, is commonly written as Denver +6. In other words, Denver would be credited with whatever points they actually scored — plus six. If you bet the favorite, the Panthers would have to win by 7 points or more for you to win your wager. And remember, the Panthers are favored by 6 points, so we have to subtract 6 points from their final score for betting purposes.
Also known as NFL OVER/UNDER betting, the total is the number set by sportsbooks that estimates the total number of points scored by both teams combined. Bettors then must predict whether there will be more or fewer points than the NFL “total.” If you bet the 37.5 UNDER, you are hoping for a defensive battle and predicting the offenses to struggle. If you bet the 37.5 OVER, you are hoping this will be a high-scoring game.
To understand what the "limit" means in sports betting, you need to think about the limit we follow every day in our life - the speed limit. Speed limits are set in place to ensure the safety of everyone driving on the road. If everyone does the same speed, the less likely it is for a crash to occur. If you go above the limit, you are putting others in danger, not only on the road in cars, but pedestrians as well. They are in place for a reason, which is to control the way people act. The same can be said with the limits set by a sportsbook. They are in place to reduce any potential damage the books may suffer and keep bettors under their control. Read More >>
The National Football League is fully against any sort of legalization of sports betting, strongly protesting it as to not bring corruption into the game. On the other hand, the CEO of the International Cricket Council believe sports betting, in particular in India, should be legalized to curb illegal bookies where match fixing has occurred from nontransparent bookmakers. Many of the illegal proceeds also allegedly go to fund terror, drugs and other illegal activities.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
SportsInsights.com’s general betting articles discuss the intricacies of sports betting as it pertains to each major U.S. sport. This article will concentrate on how to bet on the NFL. We will try to utilize that “neck up” part of our bodies to gain an edge on the linesmakers, but first we must know the basics. The NFL is by far the most popular bet of all major American sports, culminating with the most popular game of the year, the Superbowl. This article will shed light on each football wager type including spread, moneyline, totals, parlays/teasers, halftimes, and futures.