If you bet on the point spread, you’ll often see -110 placed next to each betting option. That means that you have to bet $110 to win $100. The $10 difference is effectively a fee you are paying to place the bet. It can be referred to as the juice or the vig (short for vigorish, which originates from the Russian word for winnings). If there is an even amount of money bet on both sides of the line, the juice guarantees a profit for the house.
For those who are only really interested in wagering for a bit of fun, you'll be ready to go as soon as you've finished reading this page. For those of you with ambitions of making long term profits, we also point you towards a wide range of additional information and advice that will help you to achieve such goals. We're not promising that we'll make you an instant expert, but we'll certainly give you the chance to become one.
In an effort to have equal money on both sides of a wager, the sportsbook operator will move the point spread to attract money on the side that customers aren’t betting on. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since they final score margin falls on these two numbers most often.
Above, you can see several numbers to the right of both teams. These all represent the different lines that are available on the San Francisco vs. Los Angeles game. The first set of numbers for both teams is the point spread, the second set is the moneyline, and the third set is the over/under (a.k.a. totals). We'll explain each of these lines more in-depth below.
Let’s say you decide to bet $100 on the Packers to win by more 7 points and the final score is Packers 30, Seahawks 21. The Packers have won by 9 points, meaning they’ve covered the spread, and you’ve won the bet. The -110 means that your $100 bet will win you a total of $190. That total includes your original bet amount, so your total profit is $90.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
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.
The -110 on either side is like paying a tax or commission to the sportsbook. Bettors would pay 10 percent (aka juice) to the sportsbook, which is essentially a fee for brokering the wager. So, the -110 indicates that a bettor must risk $110 to win $100. Some sportsbooks will even reduce the juice for you which means you can earn the same $100 payout but risk less money to do it.
Over/Under means the odds-makers picked the most likely total combined score of both teams. For example in an NFL game with the Jaguars vs Dallas the over/under is 37. You can either bet on either “over” or “under”. Over, is if the two scores added up at the end, total to over 37. Under is if when you add them together, they’re less than 37. If the total is 37, it’s a tie, or “push” again.
In order to place a bet, you first need a user account with a betting provider. There are many of them now. As we know from economics lessons, a great demand leads to a great supply. If you enter the term sports betting in a search engine, about two million hits are displayed. Of course, these are not only providers, but also Internet sites, which deal with the topic. Among them are also betting options like Draw No Bet auf Wetten.com. Similar to other services or products, there are platforms that list and clearly compare the market leaders, test winners and other providers. So is this side. All licensed bookmakers can be found on it. Furthermore, the most important information about the services of the betting providers, test results, ratings and customer opinions can be read at a glance. This makes the search and selection of a betting provider much easier. Each provider advertises with different premiums and bonus payments. The decision is then an individual matter and will be made according to the own requirements of the preferred sport, league, team and the offered odds.
If you wanted to bet the underdog Orlando to win the game, their money line odds are +280. Whenever a "+" is listed for odds, the number after it is how much you will win for betting $100. So in this example, a $100 bet would win $280 if the Magic win the game. This definitely seems like a way better deal than betting $340 to win $100, but remember that Orlando has a small chance of beating the best team in the league. Some bettors may see value in this, but you should never blindly bet an underdog - or any side for that matter (just talk to the thousands that bet on Conor McGregor last August).
Many people will say that the odds on a spread bet are even, paying 1:1. But this is not true. The actual odds are 0.90:1. For every dollar bet, you can win 90 cents. When checking out the spread, you’ll usually see a number listed next to each spread. That number, which is your stake, is posted as -110. This number tells you how much you have to bet to win $100. If you put $110 on either team, you stand to win $100. If you bet $11.00, you can win $10.00. Every NFL point spread works this way.
This arrangement tells us a lot: which team is home (listed on bottom, in this case the Seattle Seahawks), which team is the underdog (listed with a plus sign next to their name, in this case the New England Patriots), we know which team is the favorite (listed with a minus sign next to their name, in this case the Seattle Seahawks), and we know the point spread (2.5 points).
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)
NFL moneyline betting continues to gain popularity as many begin to understand the value of moneyline bets, especially in betting the underdogs. In this type of bet, there is no spread to beat, your team needs only to win the game “straight up” (SU), and there is no requirement for how many points they need to win by. The juice is the only number you really have to pay attention to with moneyline, where the negative value indicates the favorite (-140) and a positive one means underdog (+120).