🖐 Point Spread Betting Explained - How it Works | Odds Shark

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These are all basic to making an NFL bet and the better you understand odds and When you wager on NFL football it's important that you understand clearly and If you are able to interpret NFL odds and know what the various terms mean.


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How to Read Odds for Football Games; How to Read Football Odds Explained; The Types of Football Odds.


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Legal wagering on football games explained. Money line odds - These are by far the most common form of odds in North America for sports.


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Guide to Reading Betting Odds: What they Mean & How to Use Them

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How to Read Odds for Football Games; How to Read Football Odds Explained; The Types of Football Odds.


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Point spread betting is extremely popular in football and basketball. A point spread is a number oddsmakers use as a median between two teams or sides in an.


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Fortunately, learning football betting lines won't take you nearly as long to The odds on a totals bet are usually , meaning you are risking $ to win $


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The Braves' odds are , meaning a $12 bet would win $10, for a return of $ The point spread: When betting on football, the team you bet on must "cover.


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Sports Betting Odds Explained. Online sports betting offers gamblers access to thousands of internet sportsbooks worldwide. Our guide will help you learn how.


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These are all basic to making an NFL bet and the better you understand odds and When you wager on NFL football it's important that you understand clearly and If you are able to interpret NFL odds and know what the various terms mean.


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A team with a moneyline of wouldn't be favored nearly as strongly as a team with a moneyline of Why would I bet a favorite on the moneyline?{/INSERTKEYS}{/PARAGRAPH} Money line bets tend to be even more popular with underdogs. For instance, let's say you want to bet a two-team parlay. Conversely, Detroit backers could get 12 points instead of the starting six. You should be able to enjoy many positive experiences as long as you bet in moderation and under control. Proposition Bet or Props: This is a bet placed on a specific aspect of the game, such as who will score first or how long the longest touch down pass will be. If the Bears win by exactly six, both sides "push" and all bets are returned. In a perfect world if all bookmaker action was balanced, they would be guaranteed a nice profit because of the vig. The money line will always be listed to the right of the point spread on the odds board in a sports book. Futures bet: This refers to placing a bet on any future event in the season. Handicapping: This is when someone tries to predict the outcome of any given game. Money line odds - These are by far the most common form of odds in North America for sports betting. When betting with a point spread you are wagering that a particular team will win or lose by a certain amount of points. The teaser bet gives or takes away extra points from the team you back. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. The stronger the favorite the less you will win, and vice versa. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet. These odds favor the bettor not the house. Underlay: This is a term that refers to odds that lower than they should be. Congress banned sports betting in while allowing it in four states -- Nevada, Delaware, Montana and Oregon -- that had already been offering it. In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. {PARAGRAPH}{INSERTKEYS}Back-door Cover: This term refers to meaningless points scored late in the game by the underdog team to cover the spread. However, like most good things in life there are pitfalls to be aware of. Since the home field is a familiar turf and in front of the home crowd, teams are expected to perform better than they would if they were travelling thus giving them an edge. The point spread is used to even the playing field. The house vigorish - and your chances of winning - get worse with the more teams you add. 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. So while some sportsbooks will let you place a teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one. For example, putting down a bet early in the football season for who will win a bowl game. This page requires JavaScript, which is not enabled on your browser. If you like favorites, you're going to be betting a lot to win a little. How do you read a moneyline? Straight bet - Amid all the fancy and lucrative-looking bets that are available, never lose sight of the value in a standard straight bet. 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. However, the sportsbook is only going to pay you 2. This is particularly important when betting on NCAA football. Oddsmaker: This is another term for the Linemaker. Teaser bets - The teaser is so named because it, too, looks tempting, but if you allow yourself to get too seduced, you'll usually end up on the losing end. However, there are some good values with teaser bets if you know how and where to find them. Source: Doc's Sports Service. But they are fool's gold at best. That does not mean you have to bet that much, it's just easiest to understand! Las Vegas is the most popular destination if you want to make a bet on college football, where the number of 'sports books' is many. Front-door Cover: This is the opposite of Back-door cover. The most important thing you can teach yourself early on is: "Just because the books assign one side to be the favorite even large, or , favorites , does not mean that they will win. These are examples of 'side' betting with a point spread. Line: This is the odds, points, money line, or point spread offered on football games. The sportsbooks balance their risk by setting different prices on each team. Say the Bears are a six-point favorite over the Lions and the total is To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. It is not the true posted line. Money line bet - If you are not interested in betting the point spread - although you should be, because it presents the best long-term value - another option available is the money line, in which you lay or take odds relative to the dollar with respect to your team winning or losing. These odds favor the house and not the bettor. Betting on sports, and college football specifically, is illegal. It is used in reference to the favored team scoring meaningless points late in the game to cover the spread. Identify the favorite : Lines with a - before the number i. This is how the sportsbooks make a lot of their money. Soft line: This refers to a line that has been adjusted because of the result of an action. If you or someone you know shows signs of compulsive gambling, one place to find help is Gamblers Anonymous. Source: Doc's Sports Service When you bet on the money line , you are betting on one side to simply win. 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. A moneyline is a number larger than , and it is either positive or negative. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back. Below is a mini-tutorial on sports betting, the types of football bets and football betting terms. Player: This is a term that refers to any person that puts down a bet on any given sports event. To further explain, consider two people make a bet on each side of a game without a bookmaker. Home field advantage: The edge a team is supposed to have when they play on their home field. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you. Linemaker: This is someone that sets the odds, points, money lines, or point spreads for football games. Point Spread: This is a number of points given to the underdog by the Linemaker in order to handicap the favorite. Parlays - these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. It's also a push if the final score equals 42, otherwise the over or under will win. You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers. A nice profit can be made if a touchdown or more underdog pulls off an outright win. Each one is a little bit different. Each game on a parlay must win for the bet to be a winner. That said, if you're planning to visit a state where gambling is legal, and intend to bet, you should at least be armed with some information. This pays out even-money minus the vigorish, or bookmakers take, which we will later explain further. The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. Book: A sportsbook or a betting establishment that offers odds and accepts wagers. Overlay: This is a term to refer to odds that are higher than they should be. Parlay: This is a wager on two or more teams or outcomes where the selections must win in order for the bettor to win. A FREE click is all it takes to help any or all ten of these good causes. Just what is a moneyline? With the money line you just have to hope your team wins rather than cover a point spread. There are also 'total' wagers that refer to the total amount of points scored by both teams. In most cases, the favorite will be the team with a negative moneyline in some cases both teams can have a negative moneyline if they are both closely matched. A line with a positive number means that the team is the underdog. First, however, a word of caution: Sports betting can be a fun and profitable venture. It can also be thought of in terms of the scoring differential between the two teams. Bookie: A person or establishment that takes bets on the outcome of sporting events. It is the person who sets the odds, moneyline, or point spread for football games. Essentially, a moneyline bet is a bet on which team is going to win the game. You probably should learn and practice this bet often before learning any others, and it should be noted that people who bet for a living or a large portion of their income place straight bets almost exclusively. They are expressed as numbers greater than , and they can be either a positive or negative number. 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.