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.
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.
Edit My Bet. The ‘edit bet’ feature can be used by gamblers to ‘unsettle straight accumulators’ before matches have started or whilst they are in-play. The feature can also be used for to swap single bets for new bets, and the gambler is given a new bet selection valued at the bookie's cash out price to reflect live market/game odds for the original bet.[1]
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.
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]
If you see the point spread move, let’s say from -9 on Tuesday to -10.5 on Friday, this is known as a line move. It occurs when there is a surplus of bettors wagering on the same side of the game and sportsbooks move the line to balance the action. That means encouraging more people to bet the other way by making the line more appealing. This reduces risk for the sportsbook, who wants to have an equal handle on each team.
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.
The simplest way to think about a moneyline is to consider a base bet of $100. A moneyline is a number larger than 100, and it is either positive or negative. A line with a positive number means that the team is the underdog. If the line, for example, was +160 then you would make a profit of $160 if you were to bet $100. Obviously, then, the team is a bigger underdog the bigger the number is - a +260 team is perceived to be less likely to win than a +160 team. 

The first thing you’ll notice with moneyline odds is that there is either a positive or negative sign in front of the number. What that sign denotes is how much you’ll win betting on each side. If there’s a positive sign next to the odds, that indicates the amount of money you would win if you bet $100. If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. Now if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100. For example, if a football team was -250, that means you’d have to bet $250 to win $100.

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.
“The Compact Negotiation Act, NMSA 11-13A-1, et seq., authorizes the state to negotiate a tribal-state class III gaming compact pursuant to the federal Indian Gaming Regulatory Act (“IGRA”). Thus class III gaming conducted pursuant to a Gaming Compact is lawful in the state. Nothing in the Compact Negotiation Act qualifies or limits the term ‘class III gaming.’ Federal regulations issued under IGRA classify sports betting as class III gaming. 25 C.F.R. § 502.4(c).
Okay, so the other betting option available to you is the total or ‘Over/Under.’ You can choose to bet that the total points between the two teams will either be greater (OVER) or less than (UNDER) the projected total. Again, if you bet either way and the game ends up being 20-21, for a total of 41 points, then you will receive a refund of your wager amount.
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.
If you're an amateur bettor that's just starting out and are in desperate need of a quick betting terminology lesson, you've come to the right place. For starters, I would like to believe that you are starting out by picking teams that you believe will win the game outright. That would be known as a money line bet. If you are a bit more advanced then that, you would probably be looking at betting the "line" on a particular event. To some, this is known as the spread and that's completely fine, but if you ever come across a conversation involving the "line" this article will prepare you for what it actually means. Read More >>
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 reading the fraction odds, I strongly recommend converting them to a decimal. This will make figuring out your potential win much much easier! To do this, just like in 2nd grade, you take the first number and divide it by the second. So if your odds read 7/4, you simply divide (7) by (4), which equals 1.75. That is the decimal form odds, now you simply multiply (1.75) by whatever your wager amount is to figure out your potential profit. In this case, if you were to risk $100, then your potential win would be $175 profit if you are correct! Also, you will receive your initial bet amount of $100 as well, for a total of $275 in your hand.
Although the examples from above are in $100 increments, you don’t actually have to bet those exact amounts. That’s just how the odds are set up so that everyone is on the same page. With a quick glance at the numbers, you can tell who is the favorite, who is the underdog and what type of payout you can expect on each. You’re free to bet $5, $500 or whatever amount fits your budget. If you want to find out the specific betting limits for each option, browse through the betting sites rating guide in order to find the sportsbook that better fits your minimum and maximum limits.
In the UK and some other European countries the profit from spread betting is free from tax. The UK and some other European countries tax authorities designate financial spread betting as gambling and not investing, meaning it is free from capital gains tax and stamp tax, despite the fact that its regulated as a financial product by the Financial Conduct Authority in the UK. Most traders are also not liable for income tax unless they rely solely on their profits from financial spread betting to support themselves. The popularity of financial spread betting in the UK and some other European countries, compared to trading other speculative financial instruments such as CFDs and futures is partly due to this tax advantage. However, this also means any losses cannot be offset against future earnings for tax calculations.

Since betting on point spreads in the NFL is the most popular bet that people make, it is probably pretty important that you know what you are doing. The point spreads in the NFL are always alot closer then college football because you are dealing with the best of the best. You will almost never see a team favored by more then two touchdowns in the NFL, and most of the NFL point spreads are less then one touchdown. So, here is are best try at helping you understand how to read point spreads in NFL games.
Betting on horse racing is all about deciding who is going to finish first, second and third. Things are always more fun when you can bet on them, and the trifecta allows you to do just that. The trifecta, which is also known at some tracks as a triactor, is a bet you win when you pick the horses that finish in the top three spots, and you pick them in the correct order. Read More >>

In 2012, despite federal law preventions, the state legislature of New Jersey and Governor Chris Christie signed a law that would allow sports betting to take place in New Jersey race tracks and Atlantic City casinos.[15] In August 2012, Fairleigh Dickinson University's PublicMind conducted a study on the issue. Voters were asked whether New Jersey should allow sports betting even if federal law prevents it from doing so, or wait to allow sports betting until federal law permits it. Results showed that nearly half (45%) of voters wanted to allow sports betting, while (38%) decided to wait and allow sports betting once Congress allows it. Krista Jenkins, director of the poll, commented, "Although support is not overwhelming, these numbers suggest the public is cautiously behind the goal of moving forward with legalized sports betting."[16]
Anybody who wagers on the 49ers would need them to win by 7 points or more for a winning bet. Those betting on the Rams (+6.5) would need them to lose by 6 points or less (or win) for a winning wager. It's also worth mentioning that a half point is used in many point spreads (such as the -6.5/+6.5) to prevent pushes because no team can score half a point.
While home field advantage may be a sports term, it can also be linked to your house, your route to work, or even a trip to a familiar grocery store. Think about this for a second. If you've ever hosted a party at your house, you know where everything is and you would have free reign to go into any cupboard, drawer or room you that you please. That would be an example of home-house advantage. If you've ever gone to an unfamiliar grocery store (maybe you weren't around town but you needed to make a pit stop), it is going to take you a while to find exactly what it is you are looking for. Read More >>
Because the spread is intended to create an equal number of wagers on either side, the implied probability is 50% for both sides of the wager. To profit, the bookmaker must pay one side (or both sides) less than this notional amount. In practice, spreads may be perceived as slightly favoring one side, and bookmakers often revise their odds to manage their event risk.
Okay, so the other betting option available to you is the total or ‘Over/Under.’ You can choose to bet that the total points between the two teams will either be greater (OVER) or less than (UNDER) the projected total. Again, if you bet either way and the game ends up being 20-21, for a total of 41 points, then you will receive a refund of your wager amount.

Let’s start with the basics: what do sports bettors mean when they talk about a ‘line?’ The word line, in the language of a sportsbook, can refer to either the odds and/or a point spread in any sports contest. Let’s take a look at an imaginary line the way you’d read it off the board sitting in a Vegas sports betting lounge or on the screen at your online book. Let’s imagine a game between the New York Giants and the Dallas Cowboys. Your book’s NFL betting line might look something like this:

In today's world, patience is a virtue that very few people have left in them. We live in a world with lightning quick internet, instant message and in a world where fast food reigns supreme. People love getting instant gratification. In the sports betting world, that also holds true. It's one thing to sit through a three-and-a-half-hour football game between two mediocre teams only to suffer a bad beat on a completely meaningless last-minute touchdown that does nothing but affect the point spread and burn your ticket. Read More >>
Parlay bets are a good and popular way to potentially win big with a small wager. The way they work is the bettor picks two or more events, which all must win or push to win the bet. One or more loss will cause the whole parlay bet to lose. In the event of a push, that "leg" of the parlay bet will be ignored and the win will be reduced to whatever it would pay if that selection were never made.
Often big games will have "proposition" bets on things not directly related to the final score of the game. These are usually abbreviated to "prop" bets. For example, in football whether or not the first score will be a touchdown. In baseball whether a run will be scored in the first inning. In hockey/soccer, whether anybody will score a hat trick. The odds on these are expressed like point spread bets. For example, as I write this the Golden Nugget has the following proposition bet on Super Bowl 49:
There are very few periods of time throughout the year when there isn't a game or event that is garnering national media attention and bettors are clamoring to lay down a wager. Off the top of my head, the only period I can think of is during the MLB All-Star break, where it's slim pickings to lay down a wager. Sure, the Home Run Derby and All-Star game are closely watched and people do bet on them, but it's done more so to have a little action on the game to make it semi-watchable. However, the rest of the year is littered with massive, high-stakes, high-drama type events. These are what the industry called "hot games" Read More >>
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
Oftentimes a point spread will not be a whole number, and will be accompanied by a decimal point and a half number. This can be significant for a point spread. Essentially what it comes down to is that a whole number point spread gives the opportunity for a wager to push. A push means that if the favorite is favored by 10 points and wins by 10 points, bettors get their money back. Just like when betting on the over/under total for points, the spread is a half-point in addition to the whole number, there is no chance to push.
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.
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.
When it's not NFL season, BetOnline keeps on chugging along with point spreads for numerous other sports including men's + women's basketball (pro + college), along with run lines for baseball (full game + 5-inning), and they even have goal lines for several hockey leagues worldwide. BetOnline excels when it comes to betting on any sport, visit them today and give them a chance to prove will not cost a cent!
In today's world, patience is a virtue that very few people have left in them. We live in a world with lightning quick internet, instant message and in a world where fast food reigns supreme. People love getting instant gratification. In the sports betting world, that also holds true. It's one thing to sit through a three-and-a-half-hour football game between two mediocre teams only to suffer a bad beat on a completely meaningless last-minute touchdown that does nothing but affect the point spread and burn your ticket. Read More >>
Identify the type of line you are looking at. All online sports books offer you the chance to have your lines in an "American" or "Money line" version. If I were you, I would use this as my standard. An "American" line uses either a + or - before a number to indicate odds. So a -120 and a +120 are two very different odds on a team… I will explain the differences shortly. Two other less common variations exist: decimal odds and fractional odds.
Mississippi became the fourth state in the United States to launch sports betting operations on August 1, 2018 when Gold Strike Casino Resort in Tunica Resorts and Beau Rivage in Biloxi started taking wagers.[35] On August 30, 2018, West Virginia became the fifth state to launch sports betting, with Hollywood Casino at Charles Town Races the first casino to offer sports betting.[36] New Mexico became the sixth state to offer sports betting on October 16, 2018 with the launch of sports betting at the Santa Ana Star Casino in Bernalillo.[37]
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.
Okay, so the other betting option available to you is the total or ‘Over/Under.’ You can choose to bet that the total points between the two teams will either be greater (OVER) or less than (UNDER) the projected total. Again, if you bet either way and the game ends up being 20-21, for a total of 41 points, then you will receive a refund of your wager amount.
A point spread - Lets take, for a hypothetical situation on one of the types of football bets (using the point spread), that the Kansas City Chiefs were visiting the Detroit Lions and Detroit was established as a six-point favorite at game time, which is commonly written as Detroit -6. Kansas City would be the underdog and displayed as Kansas City +6. If you bet the favorite, Detroit has to win by more than six points to win your bet. Remember, the Lions are favored by six points, so we subtract six points from their final score on a spread bet. If Detroit were to win 27-20, Lions bettors would win their wager. If the Chiefs were to win the game by any score and you picked the Chiefs you would win not including the extra six points. If the Lions were to win, 20-14, it would be exactly six and a push, so you would get your money back.
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.