To win $100 dollars wagering on the New York Giants one must lay $600. Whereas, a $100 bet on the Dallas Cowboys earns a profit of $450. Due to the high risk and low reward presented by betting on the NY Giants, bettors may choose to fade, or go against them, and place a smaller wager on the Cowboys. The Cowboys did indeed win this Week 10 shocker at the New Meadowlands by a score of 33-20.
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.
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.
Thanks to the modern language and a constantly updated Webster's dictionary, there is a word for pretty much anything you can think of. Furthermore, every study, no matter the obscurity has its own word to describe the resident expert. You know, words like paleontologist, botanist, astrologer, just to name a few. In the sports betting world, there are a few words that can be used to describe serious bettors who spend most of their time breaking down bets and looking for advantages that give them the best chance at winning their wager. The word I want to focus on right now is "handicapper". Read More >>
For the player who wagers on San Francisco -5, San Fran must win by more than 5 points for this to be a winning bet. For the player who wagers on St. Louis +5, they must either win the game or lose by less than 5 points for this to be a winning bet. If the outcome falls on the number, the bet is declared a “Push” and your original stake amount gets refunded.
The house vigorish - and your chances of winning - get worse with the more teams you add. So while some sportsbooks will let you place a 15-teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one. You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers.
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.
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 >>
A point spread, or “the line,” is a number set by oddsmakers to give an advantage to one team and a disadvantage to another team based on the margin of victory or defeat for the two teams. The favorite team is giving up points for purposes of the wager, meaning they not only have to win, but they have to win by X amount of points. The underdog team is getting points for purposes of the wager, meaning they can still lose the game, but they must lose by less than X amount of points.
Last week, we went over how to read sports betting odds and covered the most common items you'll see on a betting board inside a sportsbook (or on your screen with your online sportsbook). These included point spreads and totals. When betting these choices, you will almost always see -110 listed with them. If you don't know what that means, don't worry - we're covering that today and it's not nearly as complicated as it looks. Whether you're brand new to betting, have placed some bets but have disregarded the -110, or live outside the United States and are unfamiliar with American odds, you'll be an expert in no time after reading.
For UK spread betting firms, any final outcome that finishes in the middle of the spread will result in profits from both sides of the book as both buyers and sellers will have ended up making unit point losses. So in the example above, if the cricket team ended up scoring 345 runs both buyers at 350 and sellers at 340 would have ended up with losses of five unit points multiplied by their stake.
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.)
Point spreads focus on a margin of victory between the two teams and again, what you’re looking for is the positive and negative signs. If there is a minus sign next to a team’s spread, that suggest that they are favored and have to win by or cover that amount. If there is a positive sign, that tells you that they are the underdog and they are getting points. For example: let’s say that the New England Patriots are playing the Buffalo Bills and the Patriots are -5.5 and the Bills are therefore +5.5. If you bet the Patriots, they have to win by six points or more to cover. If you bet the Bills, they can lose by five points or less, or they can win the game outright and you would still win your bet.
For example, in NFL wagering you’ll have a pool of 12-14 quarterbacks, running backs, etc. and you can choose who will have the most fantasy points, 2nd most fantasy points, 3rd most fantasy points. Each player starts the week with certain odds that change as money wagered on different players. Your payout is based on the closing odds like parimutuel horse wagering.
What this spread means is that, for the purposes of wagering, the Chargers will have 3.5 points deducted from their final score. For a bet on them to be successful, they would therefore have to win by four points or more. The Colts, on the other hand, will have 3.5 points added to their final score. A bet on them would be successful if they won the game, or lost by 3 points or less.
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 >>
For example, the Golden State money line above is listed at -340 odds. Using the same principles we just discussed, $340 needs to be bet in order to win $100. Again, this is just the bet to winnings ratio - $34 will win $10, $17 will win $5, $20 will win $5.88, etc. This may seem unfair at first but it is logical. The Warriors are by far the best team in the league and have a much better chance of winning the game. Therefore, sportsbooks even this out by placing the odds at a high price for bettors to win a little.
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.
Without a points handicap, it would not make sense to pay both sides of a wager the same amount when it's clear that not all teams are on equal footing. In fact, it is entirely possible for a team to lose the game in real-life but still win a bet if they only lose by less than a set number of points. Vice versa, a team can win a game, but lose the wager if they do not win by more points than what was predicted.
One way to make money from sports betting is to open an account at an online betting site and take advantage of their sign up bonus. This gives you extra money to wager with, and since point spreads are so straightforward, it can be relatively easy to meet the associated wagering requirements and still come out ahead. Repeating this process at multiple betting sites will maximize your potential returns! We just ask that you please stick with reputable sites, like any of the ones that we recommend.
Another form of futures betting involves the over/under on the number of games a particular team will win in the regular season. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. For example, the over/under on the Yankees may be 93 wins. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded.
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)
What may look like a jumble of words, numbers, and punctuation is actually a precise and easy-to-read breakdown of the various odds and point spread details your book is offering. Here is a breakdown of each unit of information given above. Once you understand each part of the jumbled details above, you’ll be able to read a sports betting line with confidence.
Spread – also known as the line or point spread, it is generally thought of as the predicted margin of victory for one team. In reality, it's a number chosen by the oddsmaker that he feels will encourage an equal number of people to wager on the football underdog and the pigskin favorite. The negative value -13.5 indicates that team is favored by 13.5 points. The positive value +13.5 indicates that team is the underdog by 13.5 points. Betting on the favorite means the team must win by at least fourteen points to cover the spread. The underdog team can lose by thirteen points and still cover the spread.