Odds for different outcomes in single bet are presented either in European format (decimal odds), UK format (fractional odds), or American format (moneyline odds). European format (decimal odds) are used in continental Europe, Canada, and Australia. They are the ratio of the full payout to the stake, in a decimal format. Decimal odds of 2.00 are an even bet. UK format (fractional odds) are used by British bookmakers. They are the ratio of the amount won to the stake - the solidus "/" is pronounced "to" for example 7/1 "seven to one". Fractional odds of 1/1 are an even bet. US format odds are the amount won on a 100 stake when positive and the stake needed to win 100 when negative. US odds of 100 are an even bet.
According to an article in The Times dated 10 April 2009, approximately 30,000 spread bet accounts were opened in the previous year, and that the largest study of gambling in the UK on behalf of the Gambling Commission found that serious problems developed in almost 15% of spread betters compared to 1% of other gambling.[7] A report from Cass Business School found that only 1 in 5 gamblers ends up a winner.[8] As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading.[9] Evidence from spread betting firms themselves actually put this closer to being 1 in 10 traders as being profitable, with a high number of clients suffering from the volatility that is supposed to be one of the benefits of spread betting.[citation needed]
The defensive overall rankings are also important as well in order to see how the team is able to handle any type of offense that it plays against. You can also separate the offensive and defensive rankings to run and pass.  For instance, if a team has a great rush defense but a porous pass defense and they are playing against a pass happy team, it will a lopsided match-up, in which the run defense will not play as big of a part of the game.
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.
The positions of the four major American sports leagues (representing American football, baseball, basketball, and ice hockey) have become more complex since their decision to embrace daily fantasy sports (DFS) in 2014, which are described by those within the industry as "almost identical to a casino" in nature. With the contention by critics that such activities blur the lines between gambling and fantasy sports, the endorsement of all four major sports leagues and many individual franchises provided a marked contrast to their positions on betting.[43]
Proposition bets are wagers made on a very specific outcome of a match not related to the final score, usually of a statistical nature. Examples include predicting the number of goals a star player scores in an association football match, betting whether a player will run for a certain number of yards in an American football game, or wagering that a baseball player on one team will accumulate more hits than another player on the opposing team.
A favorite (e.g. Patriots -280) on the money line works just like our bet price example above.  In our new example, the Patriots are listed at -280, meaning you would need to risk $280 for a return of $100 on them.  It follows that a winning bet on the Pats pays $100 (plus your initial investment of $280 back).  This added risk is why betting the spread is usually more popular, especially on favorites.
The most important thing you can teach yourself early on is: "Just because the books assign one side to be the favorite (even large, -200 or -300, favorites), does not mean that they will win." We have all seen favorites get upset, and it is important to avoid the temptation of finding comfort in the fact that the lines makers put one team as a favorite.

There might be some movement when injury reports come out, but barring any kind of shocking news development (Tom Brady suspended for the game!), the line likely will not change all that much. The point spread is currently sitting at 2.5 points. I could see sportsbooks dipping into three points to level out the money on each side, but that might not happen until later next week after the teams are wrapping up their practice week. My prediction is the line settles at a field goal heading into kickoff.


Betting “against the spread” (ATS) just means you’re betting on the point spread in a particular matchup as opposed to the moneyline, or some other type of wager. Bettors often use a team’s ATS record to gauge its performance against the spread. For example, the New England Patriots were 11-5 ATS in the 2017 regular season, meaning they covered the posted point spread 11 times, and failed to cover five times.
In a different study released by FDU’s PublicMind in October 2011, results showed that New Jersey voters thought legalizing sports betting in New Jersey was a good idea. Half of New Jersey voters (52%) said that they approved the idea of legalizing sports betting at Atlantic City casinos and racetracks, 31% opposed it. In addition, there was a significant gender split: a majority of men approved of the idea by a wide margin (65-21), while only 39% of women approved and 41% opposed.[9] The October results were stable, reflecting an earlier poll in April 2011 where New Jersey voters approved the legalization of sports betting in the state by a margin of 53%-30%. However, nearly two-thirds (66%) of voters were not aware of the upcoming statewide referendum on the issue. Age proved to be a divide: voters between the ages 18 and 34 were more likely to approve of sports betting than were older voters. Dr. Woolley commented: "But... younger voters... are far less likely to vote than other voters... As always, a lot depends on who actually shows up to vote."[10]

This is because bookmakers are in business to make a profit, so they effectively charge a commission for taking wagers. This commission is known as the vig, short for vigorish, and it's one of the ways that bookmakers stay profitable. They don't charge it just for points spreads and totals either, as it's built into the odds for every wager that they offer.

Two possibilities existed for Seahawks backers at this point – either the team would win the game by at least three points or not. There was no possibility for a push, thanks to the use of a half-point. It’s impossible to score a half-point in football, so thanks to the magic of rounding, there’s no room for a tie outcome. Those who backed the Patriots were looking at two possible outcomes, too – either New England would pull off the upset or they would lose by just a point or two. Both would turn out in a win.
By far the largest part of the official market in the UK concerns financial instruments; the leading spread-betting companies make most of their revenues from financial markets, their sports operations being much less significant. Financial spread betting in the United Kingdom closely resembles the futures and options markets, the major differences being
Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7. If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish.
To achieve this balance, the book can move the spread and/or the juice at any time after the first lines hit the NFL odds board, all the way up until kick-off. If there had been too much action on the Packers at Super Bowl 1, the oddsmakers could have made Kansas City a 15-point underdog (+15), in order to encourage more people to bet on the Chiefs. They also could have kept the spread at 14 points and moved the juice, perhaps to –105 for Kansas City and -115 for Green Bay. You’ll often see the books adjust the juice first when the spread is three points; since so many NFL games end in a winning margin of three points (roughly one in six games), moving the spread from 3 to 3.5 points is a pretty big deal, and it might tilt the balance too far in the other direction.
In February 2011, FDU's PublicMind released a poll which showed that half (55%) of voters agreed "that people bet on sports games anyway, so government should allow it and tax it." On the other hand, approximately (37%) of New Jersey voters concurred that betting on sports is "a bad idea because it promotes too much gambling and can corrupt sports." Again, by a significant margin (70%-26%), voters who already engage in sports betting in office pools tend to be more supportive of legal sports betting than other voters.[11]
In November 2014, a poll found that there had been a major shift in attitudes towards sports betting in the United States, showing that 55% of Americans now favored legal sports betting, while 66% of respondents agreed that this should be regulated by state laws, as opposed to federal legislation.[17] The poll also suggested that 33% of respondents disagreed with the notion of legalization.
If you follow football at least reasonably closely, have some idea about the relative strengths of all the players and teams, and have absorbed the information provided on this page, then you should be able to become a competent football bettor. You don't really need to know much else should the aim be to simply have some fun and win some money every now and then.
Nothing says "summer" better than a trip to the racetrack and several ice-cold drinks while basking in the sun and skimming through the dailyracing program. Unfortunately, only a small amount of the betting public actually knows how to dissect the program properly which gives them a bit of an edge when it comes to placing their wagers. Most amateurs or leisure bettors stick to the simple bets like win, place or show despite the potential of a massive payout when playing the exotic bets. The exotic bet I will teach you about today is the popular trifecta bet, also known as a "triactor" at some tracks. Read More >>

Financial spread betting is a way to speculate on financial markets in the same way as trading a number of derivatives. In particular, the financial derivative Contract for difference (CFD) mirrors the spread bet in many ways. In fact, a number of financial derivative trading companies offer both financial spread bets and CFDs in parallel using the same trading platform.


The majority of bets on any sport are usually on the final outcome of the particular contest. However, for sports like the NFL and NBA, there are 1st quarter and 1st half lines offered as well. The quarter spread is used to determine who will be the winner at the end of the 1st quarter. The same is true for a 1st half line, only the wager ends when the first two quarters are completed. Generally, the 1st half spread will be close to half of the overall spread on the game.
Sportsbooks also offer wagering on the total or Over/Under – the cumulative number of points scored by both teams in a game. You can bet on if the final score will go either Over or Under that set total. For example, in a game pitting Team A vs. Team B, the total is 48. A wager on Over wins if the total points scored exceeds 48, and a wager on Under wins if the total points scored falls below 48. If the total lands on 48, it’s a push and wagers are refunded.
That was all before Charles McNeil, a math teacher from Chicago, invented the concept of the point spread. An avid gambler, McNeil created what he called “wholesaling odds” and started his own bookmaking operation in the 1940s. He started out offering this new style of betting on football, but his business model grew to include basketball.  McNeil changed the way sports betting was done, and his legacy lives on today in what we now call the point spread.
Since more people wager on football than any other sports it’s usually the easiest game to figure out how to bet. If you don’t know what to do, you can probably ask anyone in the sports book for instructions. The people visiting the casino might not know everything but they can give you the basics. Here’s a fairly thorough look at the different ways you can wager on football in Las Vegas.
Here at The Football Lines .com on our point spread page we provide the latest NFL point spread lines for the current NFL week for your informational purposes only. These include the opening NFL point spread and current line which is updated regularly throughout the week, with our aim being to provide all the NFL spread details you need both current and historical in an easy to access format. The Football Lines .com's previous seasons Historical NFL Point Spreads section provides detailed week by week opening and closing NFL spread lines dating back to the 2007 season. With the current seasons week at the top and working your way down through the previous football years data you quickly have access to the final score, open and close NFL spread lines to see how many points it moved as well as color coded display of the spread winner.
When you bet on the money line, you are betting on one side to simply win. Any time you see a money line, the minus sign (-) indicates the favorite while the plus sign (+) indicates the underdog. For example: Chicago Bears –240 vs. Minnesota Vikings +210. Using $100 as the base, it will take $240 wagered on the Chicago Bears to win $100. For a bettor wagering on the underdog Minnesota Vikings in this scenario, $100 will win $210. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.

There's a full-field wager, which resembles a line you'd see in a horse race. Jimmie Johnson would be 6-1 to win the race, meaning if you bet $1, you profit $6, meaning your ticket would be worth $7. There will be a pool of available participants, with the rest being put into a "field" category, giving you more individual chances to have a winning ticket, but typically with less unexpected winners.

Although the odds on a spread bet are often listed as being even at 1:1, the fact is they are 0.90:1, which is a bit less than even. How does this work? Often in the point spread you’ll see next to each spread number -110. This tells you how much you have to wager to make $100. Thus, with the point spread -100 will always be listed, which means if someone wagers $110, they will make a $100 profit if they win. (If betting $11.00, the payout would be $10.00)
The house vigorish - and your chances of winning - get worse with the more teams you add. So while some sportsbooks will let you place a 15-teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one. You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers. 

Say the Bears are a six-point favorite over the Lions and the total is 42. To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet. If the Bears win by exactly six, both sides "push" and all bets are returned. It's also a push if the final score equals 42, otherwise the over or under will win.
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:
The bookmaker functions as a market maker for sports wagers, most of which have a binary outcome: a team either wins or loses. The bookmaker accepts both wagers, and maintains a spread (the vigorish) which will ensure a profit regardless of the outcome of the wager. The Federal Wire Act of 1961 was an attempt by the US government to prevent illegal bookmaking.[2] However, this Act does not apply to other types of online gambling.[3] The Supreme Court has not ruled on the meaning of the Federal Wire Act as it pertains to online gambling.
Futures bets are exactly what they sound like, a wager placed on an event that will occur in the future. As you can imagine, the most popular futures bet in the NFL is who will win the Superbowl. In fact, the Team Odds to win it all are released within a week after the previous year’s championship. It is not uncommon to see last year’s worse team to be 100/1 dogs or worse. Naturally, Futures are not limited to simply who will win the big game. Much like proposition (prop) bets for any particular contest, you can place several futures bets on potential outcomes, from who will win what division to who will win the league’s MVP. Futures Odds can be found at nearly any reputable sportsbook, but some have a limited selection of wagers they will actually take.
Spread betting are wagers that are made against the spread. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another when two teams play each other and one is perceived as being more likely to win. The favorite "takes" points from the final score and the underdog "gives" points. This number can also be in increments of half-a-point (.5) even though very few sports have .5 point scoring (i.e., The Ryder Cup)
Betting on sporting events has long been the most popular form of spread betting. Whilst most bets the casino offers to players have a built in house edge, betting on the spread offers an opportunity for the astute gambler. When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or -110. That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet. If team A is playing team B, the casino is not concerned with who wins the game; they are only concerned with taking an equal amount of money of both sides. For example, if one player takes team A and the other takes team B and each wager $110 to win $100, it doesn’t matter what team wins; the casino makes money. They take $100 of the $110 from the losing bet and pay the winner, keeping the extra $10 for themselves. This is the house edge. The goal of the casino is to set a line that encourages an equal amount of action on both sides, thereby guaranteeing a profit. This also explains how money can be made by the astute gambler. If casinos set lines to encourage an equal amount of money on both sides, it sets them based on the public perception of the team, not necessarily the real strength of the teams. Many things can affect public perception, which moves the line away from what the real line should be. This gap between the Vegas line, the real line, and differences between other sports books betting lines and spreads is where value can be found.

Most gambling sites give away bonuses to new customers, and many of them offer additional rewards to existing customers too. You should always try to take advantage of these bonuses and rewards, as they are a great way to boost your bankroll. They're not exactly "free" money, as they come with terms and conditions such as having to wager certain amounts before being able to withdraw. Nonetheless, they can be very valuable.


"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."


Donald Hoover, FDU professor in International School of Hospitality and Tourism Management and former casino executive commented on the results, "Betting on sports is not an uncommon practice for many New Jerseyans, but for the most part, the state doesn't supervise it, doesn't tax it and doesn't take any revenue from it."[12] In 2010 a national poll showed that voters opposed sports betting in all states by a margin of 53-39. Woolley commented on the results, "If some states allow sports betting and profit by it, other states will want to follow."[13] Yet by December 2011, after New Jersey passed its sports betting referendum, the national measure shifted to 42-42.[8] In January 2012, New Jersey Governor Chris Christie signed legislation allowing sports betting in the state after it was approved in a nonbinding voter referendum in 2011. He announced on May 24, 2012 that he planned to go ahead and set up a system of wagering at the state's racetracks and casinos that fall, before the National Football League season ended.[14]
The most common football pool is the standard 100 square football pool.  At almost every Super Bowl party you have ever been to you might have seen this 10 x 10 betting sheet and wondered what it is. There’s nothing like a friendly little game to liven up the party during the Super Bowl. This pool is built around a simple chart calls for no skill or previous knowledge of how to bet the spread or of the game of football in general. In this article I will explain how easy this to partake in and how much fun this form of gambling on football can add to the game.
When betting the point spread, there is almost always a winner and a loser. However, in some instances sportsbook decide to put out a whole number such as -3 for bettors to bet on. If the final score ends with a differential of three points - no matter who wins - the bet is considered a "push" and all money is refunded to both sides since neither team covered the spread.

In February 2011, FDU's PublicMind released a poll which showed that half (55%) of voters agreed "that people bet on sports games anyway, so government should allow it and tax it." On the other hand, approximately (37%) of New Jersey voters concurred that betting on sports is "a bad idea because it promotes too much gambling and can corrupt sports." Again, by a significant margin (70%-26%), voters who already engage in sports betting in office pools tend to be more supportive of legal sports betting than other voters.[11]


In Asian betting markets, other frequently used formats for expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Odds are also quite often expressed in terms of implied probability, which corresponds to the probability with which the event in question would need to occur for the bet to be a break-even proposition (on the average).
For UK spread betting firms, any final outcome that finishes in the middle of the spread will result in profits from both sides of the book as both buyers and sellers will have ended up making unit point losses. So in the example above, if the cricket team ended up scoring 345 runs both buyers at 350 and sellers at 340 would have ended up with losses of five unit points multiplied by their stake.
Placing a point spread bet means gambling on how much a team will win or lose by. In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7.5 points or more. The underdog, in our example that’s the New York Giants, will always be indicated with a plus sign. If you wager on the Cowboys on the point spread, America’s Team will have to win by at least 8 points for your wager to pay off. Should the Cowboys win by less than 8 points, your bet is lost.
If you're new to football betting and keen to get involved then you've just come to exactly the right place. On this page we will teach you all the basics of betting on football, and make sure that you are on the right track from the moment you place your first wager. If you feel like you're ready to dive right in, here are the top football betting sites we reccomend:
Odds are basically a way of leveling the playing field and in college football due to the fact that there are hundreds of mismatches per year the field really does need to be leveled. By utilizing odds in various ways bookmakers are attempting to get an equal number of wagers on each team. In doing so, they are able to ensure that they make cash no matter who wins.
Cash Out. Cash Out lets you take profit early if your bet is coming in, or get some of your stake back if your bet is going against you—all before the event you’re betting on is over. Cash Out offers are made in real time on your current bets, based on live market prices. Whenever you are ready to Cash Out, simply hit the yellow button. Cash out is available on singles and multiples, on a wide range of sports, including American football, tennis, horse racing, basketball, and many more! You can Cash Out of bets pre-play, in-play, and between legs.[1]
If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
Notice that point spreads adjust the score for the favorite team. This is easiest to see with an example: If the New York Knicks are playing the Boston Celtics, and Boston is favored to win by a 4-point spread, then a bet on Boston only pays out if Boston wins by more than 4 points. A bet on New York pays out if New York wins or if they lose by less than 4 points.
Sportsbooks also offer wagering on the total or Over/Under – the cumulative number of points scored by both teams in a game. You can bet on if the final score will go either Over or Under that set total. For example, in a game pitting Team A vs. Team B, the total is 48. A wager on Over wins if the total points scored exceeds 48, and a wager on Under wins if the total points scored falls below 48. If the total lands on 48, it’s a push and wagers are refunded.

Sportsbooks also offer wagering on the total or Over/Under – the cumulative number of points scored by both teams in a game. You can bet on if the final score will go either Over or Under that set total. For example, in a game pitting Team A vs. Team B, the total is 48. A wager on Over wins if the total points scored exceeds 48, and a wager on Under wins if the total points scored falls below 48. If the total lands on 48, it’s a push and wagers are refunded.
Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7. If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish.

For example: New England –2.5 (–110) or Philadelphia +2.5 (–110) means you’d wager $110 for the chance to win an additional $100 if you bet on the point spread. Depending on which side is receiving the most action, a sportsbook will often move the line up or down in order to incentivize betting on the less popular side. Injuries or unforeseen changes can also impact a point spread gambling line. Point spreads are often listed with a half-point (ex: 2.5) in order to prevent the final margin from landing exactly on the point spread (ex: 10-point spread, final score of 20–10). A “push” or “tie” usually goes to the house or sportsbook, unless another arrangement has been agreed upon beforehand.
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.
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