The concept of betting on totals, or Over/Under (O/U), is quite simplistic. The bettor wagers on whether the TOTAL points scored in a game will fall over or under a pre-determined number set by the sportsbook. Much like the point spread, game totals can be swayed by public opinion. The example below, from the SI Archive, shows the opening totals line for Superbowl XLV:
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 >>
Using an online sports betting site is far and away the best way to bet on football, or any sport for that matter. It's the most convenient and accessible option, and there are several other advantages too. Best of all, it's legal in the United States. There are some laws against online gambling in the US, but these mostly apply to companies and individuals providing gambling services. There's no law that states it's illegal to use a gambling site of any kind, so Americans are at liberty to place football bets online if they so choose. We've written the following page explaining things in more detail for those interested, or you can just keep reading for a quick guide to getting started online.
Some people refer to sportsbooks as a sanctuary; a place they can go where they do their best thinking and enjoy the games and atmosphere. Some people refer to them as utter chaos and other than placing their bets at one, do everything in their power to get out before the games actually start. Whether you are one side of the fence, or the other, as long as the sportsbooks have your money tied up with them, they have you right where they want you. Sportsbooks are here to stay, so I suggest getting used to all the chaos. Read More >>
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.
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:
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.
Here in this point spread example for the NFL, the Falcons are playing the Panthers. Atlanta has been set as a three-point favorite on the betting line. That means that for Atlanta to cover the spread that has been set, they will need to win by at least four points. And for Carolina to cover the point spread, they can do so with a loss by two points or less, or obviously a win straight up. If the Falcons win by exactly three points, the bet would result in a push with no payouts.
When you’re looking at over under bets, what you need to know is that that’s the combined score of the two teams for a game. In this case, it doesn’t matter who wins the game. All that matters is the final score. For example: let’s say that the New York Yankees are playing the Boston Red Sox and the total is 9.5. It doesn’t matter who wins the game but if the two teams combine for a total score of eight runs, say with a final score of Boston winning 5-3, then the game goes under. Or if the two teams combined for 10 runs – no matter who wins – then the game goes over. So when you’re looking at the odds and you see a total next to the moneyline or point spread, that tells you the over-under that is set for the game and you have to decide whether it will go over that set amount or under.
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.
There are times when moneyline wagering is smarter than point-spread wagering and this is why moneylines are growing in popularity. Typically used in baseball and hockey, pro football moneylines are popular in Las Vegas for picking underdogs. The team you choose only has to win the game, not win by a certain number of runs or goals. 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 pick a -150 favorite, you would risk $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. In the right circumstance, where you have a small underdog, you can get a very similar bet by risking less and also get a bigger payout by going the moneyline route.
If you've ever made a full-game bet that was completely toast by half time, I will assume you know all about the half time bet. If you are one of the lucky few who don't know what that feeling is like, a half time bet allows you to wager on the outcome of the second half on any particular game - regardless of what happened in the first half. If you look hard enough and focus in on one or two games, you can often find a line that offers more value than you would normally find on a full game line because the line is soft. Read More >>
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.
If you're seeing 15 or 25 instead of 15/1 or 25/1, you're seeing a decimal form of odds, as opposed to fractional. Multiplying your stake by decimal odds gives your total return, not your profit(which is total return -stake). To get to fractional from decimal, add 1. So 3/1 fractional = 4 decimal (just 4). 4/6 frac = (4/6+1) dec = 10/6 = 5/3, or 1.666, which is rounded to 1.67 by bookies. To go from decimal to fractional, subtract 1(which makes sense from profit = total return - stake) So 15 dec = 14/1 frac. 2.33... dec = 1.33/1, or 133/100.
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You may have heard the term “covering the spread” or the phrase “betting against the spread.” This means that if the favorite team wins an event with the point spread taken into account or that the underdog team wins with additional points, they have covered the spread. If the Packers win that game by more than 7 points, they have covered the spread.
The true purpose of a pointspread when it is released by any sportsbook is to try and attract an equal amount of betting action on either side of a matchup. If all the early money is flooding in on New England as the favorite with a seven point spread, the betting outlet handling this action is likely to move that betting spread to 7.5 points to try and attract some money towards Miami as the underdog.
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).
Spread betting has moved outside the ambit of sport and financial markets (that is, those dealing solely with share, bonds and derivatives), to cover a wide range of markets, such as house prices. By paying attention to the external factors, such as weather and time of day, those who are betting using a point spread can be better prepared when it comes to obtaining a favorable outcome. Additionally, by avoiding the favourite-longshot bias, where the expected returns on bets placed at shorter odds exceed that of bets placed at the longer odds, and not betting with one’s favorite team, but rather with the team that has been shown to be better when playing in a specific weather condition and time of day, the possibility of arriving at a positive outcome is increased.
Once you have selected the appropriate sport, league and game, the betting options appear. A betting option is, for example, the winner of a game, how many goals will fall or how many fouls, penalties, corners and free kicks there will be. For football matches in the first leagues, there are usually around 40,000 different betting options available for almost every country. The large offer may seem deterrent, but the betting providers solve the problem with a very good overview as well as a function to find the desired betting option quickly and easily. There's a odds on every betting option. This number indicates how likely a betting option is. If the odds are high, the profit margin is also high, but the probability of the event occurring is very low. An example of this would be if a third division team won against a first division team. If the rate is low, the event is very likely. So in terms of the example that the favorite will win the game. The process of a bet reads longer than it is. After the first bets, the process has already turned into flesh and blood and you can place betting options every minute. Of course, only if you have informed yourself about sports and betting in detail beforehand, because this is the only way to make sports betting with responsibility and a good chance of success possible. Find out more on Livewetten
Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better (lower) score wins the matchup. (If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.)
A teaser is a bet that alters the spread in the gambler's favor by a predetermined margin – in American football the teaser margin is often six points. For example, if the line is 3.5 points and bettors want to place a teaser bet on the underdog, they take 9.5 points instead; a teaser bet on the favorite would mean that the gambler takes 2.5 points instead of having to give the 3.5. In return for the additional points, the payout if the gambler wins is less than even money, or the gambler must wager on more than one event and both events must win. In this way it is very similar to a parlay. At some establishments, the "reverse teaser" also exists, which alters the spread against the gambler, who gets paid at more than evens if the bet wins.
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.
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.
A. It is unlawful for any person to, directly or indirectly, knowingly accept for a fee, property, salary or reward anything of value from another to be transmitted or delivered for gambling or pari-mutuel wagering on the results of a race, sporting event, contest or other game of skill or chance or any other unknown or contingent future event or occurrence whatsoever.
Before actually betting or creating your draft for your fantasy football team, it’s best to take time to study the methods well and find a credible website that would give you the best forecast for NCAA Football Odds. The key to a higher probability in winning is to be able to use all the odds in correlation to each other. Once you understand how NCAA Football Odds computed, you’re on the right track to achieving your goal.
The -110 listed is the actual odds given for these bets, and the odds determine how much you win based on the amount of your wager. This is why the odds are often called the price of a bet. When you see -110 odds, you need to bet $110 to win $100. Of course, you don't need to literally bet $110; that is just the ratio of the amount bet to the amount won. You can bet $11 to win $10, $20 to win $18.18, etc.
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.
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.