As a proud Canadian and a lover of hockey, this article shouldn't really surprise my American counterparts. You already know we like to do things differently here in Canada with our pro sports. A prime example is the CFL. However, hockey is no different. If you bet on hockey, you're usually betting the money line - who you think is going to win the game straight up. But in crazy Canadian fashion, sportsbooks offer something called the "puck line" which is exactly like the American version of the point spread. Read More >>
It today's world, the English language has taken a back seat to slang. Whether it be on social media, instant messaging platforms, through text or email, every body is using some sort of slang which saves them the slightest bit of time and makes them sound like a goof. In sports betting, it is no different. There is a short form or synonym for just about any topic you can think of. Sometimes it makes sense and sometimes, like in this article, it really doesn't. Read More >>
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.
Baseball. It's America's pastime. A game that prides itself on being perfect in every way imagina-ble. It's almost as much an individual sport as it is a team sport when you consider that in every game and in every inning, a pitcher faces one batter at a time, and whichever player wins that battle brings their team one step closer to victory. Read More >>
Football betting is by far the most popular form of sports betting by far. Most professional gamblers only bet for 5 months out of the year because of this. When you include College and NFL together there are almost a hundred games to bet on during a 2-day span. This is what is so appealing to the professional gambler; the action packed two days that comes every fall for five months. The gambler has so much to watch in a 48 hour span that the rush alone makes these bets fun. Now I do not expect you to go out and bet on every game played on a Saturday or Sunday. However, I will outline below how you can bet on football also how to become more successful at football betting
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.
The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker. Each risks $110, meaning there is $220 to be won. The winner of that bet will receive all $220. However, if he had made that $110 bet through a bookmaker he would have only won $100 because of the vig. In a perfect world if all bookmaker action was balanced, they would be guaranteed a nice profit because of the vig.
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.
In general, the betting public tends to gravitate towards favorites when betting the games regardless of the actual pointspread. This is especially true with high-profile teams such as Dallas and Green Bay in the NFL and Golden State and Cleveland in the NBA. The sportsbooks are well aware of this phenomenon and often times they will adjust the betting spreads accordingly. This, in turn, actually adds some value to the underdog when you consider that a pointspread is nothing more than a handicapping tool that is designed to even out the match.
Corruption in tennis has been long considered as issue. In 2011, the former world No. 55 Austrian tennis player, Daniel Koellerer, became the first tennis player to be banned for life for attempting to fix matches. The violations were outstanding between October 2009 and July 2010 after The Tennis Integrity Units had launched an investigation on behalf of the International Tennis Federation and the ATP and WTA tours. In 2004 and 2006, Koellerer was banned for six months due to his bad behavior. In addition, on August 2010, he facilitated betting by placing odds for matches and had links for placing bets.
The money came in heavily on the Patriots for the 11 days following the conference championship games. Over the weekend, we started to see money come in on the Rams, but it was mostly on the moneyline. The Patriots are closing as -127 or -137 favorites at most sportsbooks (bet $127 or $137 to win $100), with Bovada going up to -140. Las Vegas online sportsbooks are setting at -135, although MGM Mirage is up at -145. The Rams are between +115 and +120 underdogs (bet $100 to win $115 or $120), although again at MGM Mirage, you can get them higher at +125.
The NFL spread (betting point spreads is also known as betting ‘sides’ since you are picking one side to win the game) acknowledges that not all teams are created equal. If they were, we wouldn’t need NFL point spreads at all – teams would be so evenly matched that every game was a toss-up (or a pick em in football parlance). Simply picking the winner would be enough of a challenge.