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.


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.

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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.[citation needed]
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.
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.
One of the most basic concepts when it comes to betting on sports, especially football and basketball is the pointspread. Even people that do not bet on sports understand what it means when they read or hear that New England is a seven-point favorite against Miami. While reading a pointspread and understanding what they mean is a very basic sports betting concept, there is still more to these numbers than meets the eye.
The team that has the minus sign, which is the favorite, has points deducted from its final score, while the dog, with the plus sign, has points added. The favorite must beat the spread, which means they have to win by more than the negative number to pay off. The underdog pays off in two instances—if they win outright or if they lose by less than the spread.
Much like any business venture you embark on, the most important part of the journey (for most) is the bottom line. We live in a world where cash rules everything around us, so it is vital to turn a profit, not only for living purposes but to feel successful and accomplished. In the sports betting world, turning a profit seems to be a walk in the park for sportsbooks. They keep track of their billions of dollars by using a term called "handle" and nobody is aware of how big the handle is until the sportsbooks tell us. Read More >>
Total – also widely referred to as the over/under is the predicted number of points oddsmakers believe will be scored in the game by both teams combined. The concept is simple – handicap how each team stacks up against each other on offense and defense and predict whether there will lots of scoring or not much. In totals betting, you are predicting whether the combined total score will be more than or less than the total.

The team is now 6-1 since rookie Lamar Jackson, the former Heisman winner, took over as the starting quarterback. Jackson is only the fifth rookie quarterback in the Super Bowl era to win six of his team’s final seven games. Baltimore won at the Chargers in Week 16, 22-10. The Ravens defence completely dominated, holding L.A. to just 198 yards and forcing three turnovers. Our complete preview of this game can be read here.
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.

The general purpose of spread betting is to create an active market for both sides of a binary wager, even if the outcome of an event may appear prima facie to be biased towards one side or the other. In a sporting event a strong team may be matched up against a historically weaker team; almost every game has a favorite and an underdog. If the wager is simply "Will the favorite win?", more bets are likely to be made for the favorite, possibly to such an extent that there would be very few betters willing to take the underdog.
The moneyline is different. First, with the moneyline whichever team wins the game pays out. There’s no giving or taking away of points. How do the bookies even the playing field with the moneyline? They do it by making bettors wager more on the favorite to win less and allowing them to bet less to win more on the dog. The favorite is posted with a minus sign and a number. That number represents the amount of cash that has to be wagered in order to win $100. The underdog, on the other hand, is listed with a plus sign in front of a number. That number shows how much a bettor wins when they bet $100.

There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
The over/under in this example has been set at 42.5.  If you project the Jets and Patriots to combine to score more than 42.5 points, you would place a wager on the over.  If you think they will score less than 42.5 points, you would bet the under.  Let’s say the final score of this game is Patriots 27, Jets 24.  Which bet would lose and which bet would win?  The sum of all points scored is 27 + 24 = 51, so an over bet wins and an under bet loses.
The moneyline is different. First, with the moneyline whichever team wins the game pays out. There’s no giving or taking away of points. How do the bookies even the playing field with the moneyline? They do it by making bettors wager more on the favorite to win less and allowing them to bet less to win more on the dog. The favorite is posted with a minus sign and a number. That number represents the amount of cash that has to be wagered in order to win $100. The underdog, on the other hand, is listed with a plus sign in front of a number. That number shows how much a bettor wins when they bet $100.
Once you have found the right betting provider and deposited money, there is usually a bonus on the deposited amount. Then you can already place your first bets. But before it comes to that, you should have a look at the website. The offer of the betting providers does not only refer to bets, but also to sports news as well as tips and tricks for successful bets. This information should definitely be read in peace, then you can make the first bet targeted. This step reveals how extensive the bookmakers' platforms are. On average, betting providers manage around forty different sports. The offer ranges from football to Formula 1 and surfing. For each sport several countries, leagues and competitions have to be selected. In football, for example, there are European national leagues such as the German Bundesliga, the DFB Cup or the English Premier League, international competitions such as the Champions League and national championships, i.e. the European Championship and the World Cup. This exists for women and men as well as for almost all countries in the world. So there are numerous possibilities at games, races or competitions on which you can place bets.
Once you understand how odds in college football are expressed, you can use them to start to determine where your money should go. Be sure to see our college football odds page that connects you with the top sportsbooks on the Internet. The odds makers are trying to even out all bets. Your job is to determine on which side of the point spread, line or over/under it goes.
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.
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.
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]
In this example the Jets are listed as four-point favorites (-4) over the Bills and the 49ers are three-point underdogs (+3) against the Seahawks. So, if you bet $110 on the favored Jets, they must defeat the Bills by more than four points in order to win $100. If you bet $110 on the underdog 49ers you will win $100 if they win outright or lose by less than the three-point spread. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back.
As an illustration, let's look at Super Bowl futures. Sports books list each NFL team with corresponding odds to win the Super Bowl. For example, the Ravens may be 5-1, the Redskins 12-1, the Cardinals 100-1, etc. If you place $10 on the Redskins and they go on to win the Super Bowl, you collect $120 plus your $10 back for a total payoff of $130. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl.
For all the talk of new forms of wagering, the good old point spread remains the bet of choice for most NFL fans. Also known as the line or spread, the myth is that Las Vegas sets the point spread as its predicted margin of victory for one team. In reality, it's a number chosen by oddsmakers that will encourage an equal number of people to wager on the underdog as on the favorite. The negative value (-3.5) indicates that team is favored by 3.5 points. The positive value (+3.5) indicates that team is the underdog by 3.5 points. Betting on the favorite means the team must win by at least four points to cover the point spread. The underdog team can lose by three points and still cover the spread. You will also notice a moneyline value associated with the point spread (such as -3.5, -115). This indicates how much you must risk in order to book the bet (also known as the vig or juice). It means you have to risk $115 to win $100. The underdog may see a value such as +3.5, +105. This means you risk $100 to win $105 if your team covers the spread. The spread is not a static number, so you will notice line moves during the week. Team A may be favored by 3 points on Tuesday and by 4.5 points on Friday. This indicates more people are betting on them, so Las Vegas increases the underdog value hoping to encourage more wagers on the underdog.
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.
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.

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]
However, there are some good values with teaser bets if you know how and where to find them. For instance, the six-point teaser is an especially effective bet in the NFL, where most games are tightly contested and six points can make a world of difference. For instance, in our previous example, the Bears would go from laying six points to simply needing to win if you put them on a teaser bet. Conversely, Detroit backers could get 12 points instead of the starting six. (Source: Doc's Sports Service)
If you want to predict what will happen when Team A meets Team B, your best stats to analyze are those generated in their most recent head-to-head matchups at the same venue. The habits of the betting public are fairly constant, so ATS results in general have a longer shelf life, but don’t bother going too far back in time. The 2009 New York Yankees are going to look a lot different than the 2008 Yankees or the 2000 Yankees. (Source: The Sports Bookie Blog)
On June 5, 2018, Delaware became the second state after Nevada to implement full-scale sports betting. Sports betting in the state is run by the Delaware Lottery and is available at the state's three casinos. Prior to 2018, the state offered limited sports betting consisting of parlay betting on NFL games. Delaware had been granted a partial exemption from the sports betting ban as it had made a failed attempt at legalized sports betting in 1976.[24][25][26]
For those that live outside the United States, this may look even more strange since -110 is in American odds format. In Decimal odds, which is common in Europe, -110 translates to 1.91 odds. I'm not going to dive into Decimal odds (or other formats) since this article is about American odds, but the Decimal system is pretty straightforward. The odds listed represent a bettor's total return for a winning wager as you simply multiply the odds by the amount you wish to risk. If someone risks $100 at 1.91 odds and win, they receive $91 plus their initial $100 risked ($91 + $100 = $191).

Moneyline (ML) – form of wagering typically used in baseball and hockey, which replaces the point spread, but also popular in basketball especially for picking underdogs. The team you choose only has to win the game, not win by a certain number of points. The negative value still indicates the favorite (-150) and the positive value indicates the underdog (+130). It's easiest to picture the number 100 sitting in the middle of these two values. For example, if you want to bet a -150 favorite, you would wager $150 in order to win $100. On the underdog, you would risk $100 and win $130 if the underdog wins. It's a simple way to have the risk-reward scenario.
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