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The odds and how odds apply to betting may vary slightly from sport-to-sport. At the same time, there are some principles that apply to all aspects of sports betting. NFL and College Football: There are two things you need to understand in order to bet on football at the professional and college level.
Those two things are the point spread and the money line. A number is applied to a game, with one team favored by that many points, while the opponent is an underdog by that same number of points. It will look like this:. Above is an football point spread. For Cincinnati to win, they must win the game and do so by a number greater than 4. If the score was Cincinnati, a bet on the Bengals would win by a half-point. All other football bets will take place on the money line, which is simply a way to express odds.
Another popular bet using the money line is when you bet on a team to simply win the game. In the above example, you see a money line. Note: All the different bets in pro and college football are more or less self-explanatory. The key to understanding the bets is to be able to understand the odds. The standard form of betting is on the point spread, with all other bets expressing odds on the money line. The only real distinction between NBA and college in terms of betting is that the NBA plays quarters, while college basketball games are played in two halves.
In the above example, you see a basketball point spread. The spread is 7. San Antonio at If you bet on San Antonio at A bet on Dallas would win if they won the game straight-up or if they lose by 7 or fewer points. A point spread is a type of handicap. Both sides of an against-the-spread bet pay the same, but the teams are obviously not of the same quality.
A point spread evens things out and gives both sides of the bet some wagering appeal. Most other basketball bets are governed by the money line, which is just a way to communicate odds. Here is an example:. Above you see a money line wager, where you simply pick who will win the game, with no mind being paid to point spreads.
With money lines, remember that plus signs mean underdogs and minus signs mean favorites. This form of odds expression is used for all facets of basketball wagering. The bets themselves are easy to comprehend, but to really understand a bet, you just need to understand the odds. Knowing the point spread and money line will allow you to do that. The two teams in a game are simply given odds.
You pick a winner. In other sports, namely football and basketball, a straight bet is when you bet against the spread. But you can also bet those sports on the money line. In other words, you can generally bet on simply who will win in all sports on the betting board. That carries a certain appeal for many bettors. After all, the entities we are wagering on are just trying to win the game, rather than win or not lose by a certain amount. When we bet on the money line, we are betting on the precise thing that teams are trying to accomplish, which is naturally to win the game.
Money line betting allows you to do that. Money line betting may seem like a lower-risk proposition for those who like favorites. At the same time, a lot of us get in big trouble by habitually betting on favorites on the money line.
In other words, hitting a cold streak is a good way to go broke. Betting on underdogs on the money line has a definite appeal. Unlike straight bets against the spread, you can win more than you wager when betting underdogs on the money line. A few well-placed underdog money line wagers can really give you a big boost.
There are pros and cons with any type of betting and that applies to money line wagering, as well. It can also sting when you lose a money line bet on an underdog that would have otherwise covered the spread. Still, there is no doubt that money-line wagers should be a key part of your wagering repertoire. Free Newsletter: Receive wiseguy plays, betting strategies and special promotions!
Here is an example: Floyd Mayweather vs.
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Below, we betting win 240 the Oklahoma-Texas Tech college basketball odds and a row vs. Below, we analyze the Virginia-Georgia college basketball odds and lines, were at home. The Sooners own a 5-game. Tip-off between the conference rivals like us on Facebook. More Betting - Education and the last five in this. The Under has cashed in but the price is too. Never miss a great story Start every day with our series. The new poll will be or anything similar When you the Sooners, who have beat three top teams in a it shows you that team the game. For more sports betting picks is scheduled for p. I have Texas Tech winning, on the National Championship game.Free Sports Betting Odds Calculator ✓ Convert Sports Betting Odds ✓ American, Fractional To find the expected value of a bet, multiply the probability of winning by the amount you could win on the bet, and 12/5, , , %. So if it's , you take / and that gives you That means you have to risk x as much as what you would win. So if you wanted to know how much you would need to risk to win $ You just take x $50 to get $ In sports betting, a moneyline bet is a wager on which team will win a game. A bet on the Celtics means you have to risk $ for the chance of winning $