First, however, a word of caution: Sports betting can be a fun and profitable venture. However, like most good things in life there are pitfalls to be aware of. You should be able to enjoy many positive experiences as long as you bet in moderation and under control. We know you have heard this before but it definitely bears repeating: don’t bet money you can’t afford to lose, either emotionally or financially. If you or someone you know shows signs of compulsive gambling, one place to find help is Gamblers Anonymous.
One important assumption is that to be credited with a win, either team only needs to win by the minimum of the rules of the game, without regard to the margin of victory. This implies that teams in a winning position will not necessarily try to extend their margin—and more importantly, each team is only playing to win rather than to beat the point spread. This assumption does not necessarily hold in all situations. For example, at the end of a season, the total points scored by a team can affect future events such as playoff seeding and positioning for the amateur draft, and teams may "run up" the score in such situations. In virtually all sports, players and other on-field contributors are forbidden from being involved in sports betting and thus have no incentive to consider the point spread during play; any attempt to manipulate the outcome of a game for gambling purposes would be considered match fixing, and the penalty is typically a lifetime banishment from the sport, such is the lack of tolerance for gambling in sport.
Absolutely. When the lines go up for the NFL, or for the first game of the NCAA men’s basketball tournament, there are several days in between the open and the game itself where movement can take place. You’ll find that the betting public tends to pile in on their favorite teams once they get home from work on Friday. You can anticipate these line movements and time your bet accordingly to take advantage.

A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.

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: 

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.
Like many high scoring sports, NFL wagering is dictated by the point spread. The spread, or line, is a type of side bet that equalizes the chance of winning a wager. The line offered for any given team will be accompanied with a – or + symbol to indicate whether a team is a favorite or an underdog. The example below displays the spread from the Sports Insights archives at the time of kickoff:
"There’s only so much discretionary income in the Commonwealth, and if this new form of betting taps into it, we feel our sales could be negatively impacted, which in turn could effect proceeds to the Commonwealth," Polston said in an email. "As those proceeds fund college scholarship and grant programs — including every dollar of the popular KEES scholarship — there’s a lot at stake here."
In order to place a bet, you first need a user account with a betting provider. There are many of them now. As we know from economics lessons, a great demand leads to a great supply. If you enter the term sports betting in a search engine, about two million hits are displayed. Of course, these are not only providers, but also Internet sites, which deal with the topic. Among them are also betting options like Draw No Bet auf Wetten.com. Similar to other services or products, there are platforms that list and clearly compare the market leaders, test winners and other providers. So is this side. All licensed bookmakers can be found on it. Furthermore, the most important information about the services of the betting providers, test results, ratings and customer opinions can be read at a glance. This makes the search and selection of a betting provider much easier. Each provider advertises with different premiums and bonus payments. The decision is then an individual matter and will be made according to the own requirements of the preferred sport, league, team and the offered odds.
Many of the leading gambling bookmakers from the 1930s to the 1960s got their start during the prohibition era of the 1920s. They were often descendants of the influx of immigrants coming into the USA at this time. Although the common stereotype is that these bookies were of Italian descent, many leading bookies were of eastern European ancestry.[4]
There are many ways that you can bet on football and I will go over all of the different options below.  The first and most common bet is the straight bet, which simply means the team wagered on must win by the point spread given at the time of the wager.  Most of the time the odds on a straight bet is -110, which means for every $110 bet, you win a $100 back.  An example of a straight bet is if the team you bet on is a 6 point (-6) favorite, also known as giving up 6 points.  Then in order for you to win, the team taken in the wager must win by more than 6 points in order to collect your winnings.  If they win by 6, then this will be called a push and your original bet will be refunded to you.  You can also bet on the totals, which is also known as the over/under bet.  The totals bet is The combined score of both teams for games wagered on, all totals pay out at -110, which is $110 dollar bet makes you $100, no matter if you bet on the over or the under.  If the total score equals the line, then the bet is a push and you get your original bet back.  Another type of bet is the money line bet.  This bet is simply that team wagered on just has to win the game.  The odds on these games vary depending on the disparity between the favorite and the underdog.  You obviously will win more betting on the underdog; however there is a reason why these bets pay more because the odds of the underdog winning are decreased.  Although betting the moneyline can sometimes return a big sum, it is wise to know that the bookmakers hold percentage is much larger than a typical straight bet on the side or total of a game.  A classic straight wager on the point spread is almost always dealt at -110 on both sides which is 20 cents of vigorish.  Compare that to a double digit favorite in college football with a money line of -600/+450 and you can see the extra 130 cents of vig added in.
It’s common knowledge among bettors that the online gambling industry pays close attention to Las Vegas Sports Consultants, a private company that handles the odds for casinos and newspapers. But the totals I set have to reflect our customers’ preferences for betting the over or under on certain teams in certain situations. Also, because LVSC lines are published early, I have to keep on top of injuries and potential changes in coaching strategy leading up to the game in question before I release any totals. This is doubly important in basketball, where pace determines how many shots will be taken in 48 minutes.
In my honest opinion, tennis is a sport that doesn't get nearly enough credit for being a legitimate source of entertainment as a fan and a legitimately hard game to master. Since you are reading this and have access to the Internet, I'm sure you've heard of Roger Federer and Rafael Nadal. They are the two biggest names in the sport, even as their careers are starting to wind down. The debate between both sets of fans as to who the "G.O.A.T" is rivals that of the LeBron/Kobe or Ronaldo/Messi comparison. Read More >>
With some betting sites odds, certain games are priced differently than risking $1.10 to win $1.00 (which is called -110 odds). For example, you might see the Giants priced at -105 and +7 in a game against the Jets. Now, you only have to risk $1.05 to win $1.00. This is obviously better odds, but it's very likely that they will lose by exactly seven to give you a push. Taking -110 and +7.5 with an alternative bookmaker is actually the better bet.
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.

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.


On June 5, 2018, Delaware became the second state after Nevada to implement full-scale sports betting. Sports betting in the state is run by the Delaware Lottery and is available at the state's three casinos. Prior to 2018, the state offered limited sports betting consisting of parlay betting on NFL games. Delaware had been granted a partial exemption from the sports betting ban as it had made a failed attempt at legalized sports betting in 1976.[24][25][26]

Have you ever skimmed through the baseball or hockey results and thought to yourself "wow the 'over' was the play of the night since it hit in 10 games?" If you have and are kicking yourself for not playing every one of those games, this Grand Salami bet is the bet for you. The Grand Salami is not a massive delicatessen but rather a bet in which you must correctly guess the 'over/under' of the total number of runs or goals produced in every single game combined on any one given day. Read More >>
We hope this short beginner’s guide to understanding and interpreting odds will give you the confidence to get out there and start making winning bets.  Our experts are here to help you on this journey, so do not hesitate to contact us with any questions you have about sports betting!  We have only scratched the surface on reading betting lines, but this is an excellent place to start.
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.

Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
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.
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 spread - The point spread is used in high-scoring sports like football and basketball. It is basically a handicap used to make all games competitive in the eyes of bettors. The spread gives one team an advantage of a few points. Standard notation for the point spread shows the favored team first, followed by a negative number (the actual spread). The home team is shown in capital letters. So if Buffalo was playing against Green Bay in Green Bay, and they were favored to win by seven points, it would look like this:
For example, in a cricket match a sports spread betting firm may list the spread of a team’s predicted runs at 340 – 350. The gambler can elect to ‘buy’ at 350 if they think the team will score more than 350 runs in total, or sell at 340 if they think the team will score less than 340. If the gambler elects to buy at 350 and the team scores 400 runs in total, the gambler will have won 50 unit points multiplied by their initial stake. But if the team only scores 300 runs then the gambler will have lost 50 unit points multiplied by their initial stake.
A quick word on that annoying half point in the point spread – most lines you’ll come across will use half points, but it’s not standard practice across the board. When you see a line with a full number instead of a number with a half point, your wager could end up as a push. In our example, if the line were 7 instead of 7.5 and the final difference in points was exactly 7, your wager is returned to you, and neither you nor the book makes money.
The defensive overall rankings are also important as well in order to see how the team is able to handle any type of offense that it plays against. You can also separate the offensive and defensive rankings to run and pass.  For instance, if a team has a great rush defense but a porous pass defense and they are playing against a pass happy team, it will a lopsided match-up, in which the run defense will not play as big of a part of the game.
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.
It’s common knowledge among bettors that the online gambling industry pays close attention to Las Vegas Sports Consultants, a private company that handles the odds for casinos and newspapers. But the totals I set have to reflect our customers’ preferences for betting the over or under on certain teams in certain situations. Also, because LVSC lines are published early, I have to keep on top of injuries and potential changes in coaching strategy leading up to the game in question before I release any totals. This is doubly important in basketball, where pace determines how many shots will be taken in 48 minutes.
If you've ever said the words "best two out of three" when playing a game amongst friends, you are subconsciously making a "series bet." You are betting that during the course of these three games that you will be able to win two games thus emerging victorious. In the sports betting industry, a "series bet" is a betting option that allows you to correctly predict which team will win more games in a particular series and ultimately advance to the next round instead of deciding who will win each individual game. Read More >>
The divisional round of the NFL playoffs concludes on Sunday, and we’ll know which four teams have a chance to win Super Bowl LIII after two must-watch games. Tom Brady and the Patriots will try to earn their fourth consecutive AFC Championship berth, but is it finally Philip Rivers’ year? In the NFC, Nick Foles led the Eagles to a stunning upset of the Bears, but can the defending Super Bowl champions take down the No. 1 Saints?
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