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. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.
In November 2014, a poll found that there had been a major shift in attitudes towards sports betting in the United States, showing that 55% of Americans now favored legal sports betting, while 66% of respondents agreed that this should be regulated by state laws, as opposed to federal legislation. The poll also suggested that 33% of respondents disagreed with the notion of legalization.
If bettors were quick to jump on the Atlanta line at +4.5 when it first came out, they would have a distinct advantage over those who waited closer to kick off and were stuck with +2.5. The opposite holds true for Carolina. Bettors that were quick to pull the trigger are now laying two more points than they would if they were patient and saw the line movement before making their move.
To understand what the "limit" means in sports betting, you need to think about the limit we follow every day in our life - the speed limit. Speed limits are set in place to ensure the safety of everyone driving on the road. If everyone does the same speed, the less likely it is for a crash to occur. If you go above the limit, you are putting others in danger, not only on the road in cars, but pedestrians as well. They are in place for a reason, which is to control the way people act. The same can be said with the limits set by a sportsbook. They are in place to reduce any potential damage the books may suffer and keep bettors under their control. Read More >>
For those that live outside the United States, this may look even more strange since -110 is in American odds format. In Decimal odds, which is common in Europe, -110 translates to 1.91 odds. I'm not going to dive into Decimal odds (or other formats) since this article is about American odds, but the Decimal system is pretty straightforward. The odds listed represent a bettor's total return for a winning wager as you simply multiply the odds by the amount you wish to risk. If someone risks $100 at 1.91 odds and win, they receive $91 plus their initial $100 risked ($91 + $100 = $191).
"Since pre-filing the bill in the fall, I spoke on the Senate floor to stress the importance of being ready to move forward when the court handed down its ruling and use the benefit of having this new revenue to fund our pension systems and education," Carroll said in a statement on Monday. "We could have been in front of this issue had we acted in the last session."
Understand that negative odds indicate how much money your must spend to make $100. When betting on the favorite, you take less risk, and thus earn less. When betting on a favorite, the moneyline is the amount of money you need to spend to make $100 profit. In the previous example, in order to make $100 of profit betting for the Cowboys, you would need to spend $135. Like positive odds, you earn back your bet when winning.
Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
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.
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.
Before actually betting or creating your draft for your fantasy football team, it’s best to take time to study the methods well and find a credible website that would give you the best forecast for NCAA Football Odds. The key to a higher probability in winning is to be able to use all the odds in correlation to each other. Once you understand how NCAA Football Odds computed, you’re on the right track to achieving your goal.
Odds for different outcomes in single bet are presented either in European format (decimal odds), UK format (fractional odds), or American format (moneyline odds). European format (decimal odds) are used in continental Europe, Canada, and Australia. They are the ratio of the full payout to the stake, in a decimal format. Decimal odds of 2.00 are an even bet. UK format (fractional odds) are used by British bookmakers. They are the ratio of the amount won to the stake - the solidus "/" is pronounced "to" for example 7/1 "seven to one". Fractional odds of 1/1 are an even bet. US format odds are the amount won on a 100 stake when positive and the stake needed to win 100 when negative. US odds of 100 are an even bet.
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.
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 of -160 means that you would have to bet $160 to win your base amount of $100. A team with a moneyline of -130 wouldn't be favored nearly as strongly as a team with a moneyline of -330.
The wager is that the two teams will combine to score more or less than 43 points. If the total score is 43, then the wager is a push and you get your money back. It doesn’t matter which team scores the points. It could be 24-20 for either teams and “Over” wins the wager. Likewise, the final score could be Jets 45-0 (Yeah!) and the “Over” wins. On the flip side, the score can be 21-20 and the “Under” wins. Likewise, the Jets could win 42-0 (Yeah!) and the “Under” also wins.
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.
“In the event that internet gaming is authorized within the State, the State and the Tribe agree that they will reopen good faith negotiations to evaluate the impact, if any, of internet gaming and consider adjustments to the Compact. The parties understand and agree that it is not possible to determine at this time what, if any, adjustments to the Compact would be necessary.”
In this example, we have a favorite to win, and an underdog. The Packers are the favorites, and that is shown by the (–) value in front of the 6. Underdogs are represented by the (+) value. The 6 point value is how many points either team could win, or lose by. If you think the Packers will win by MORE than 6 points, then you’d bet on the favorite in this case, meaning that the Packers have to win by 7 or more points in order for you to win your bet.
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.
Using an online sports betting site is far and away the best way to bet on football, or any sport for that matter. It's the most convenient and accessible option, and there are several other advantages too. Best of all, it's legal in the United States. There are some laws against online gambling in the US, but these mostly apply to companies and individuals providing gambling services. There's no law that states it's illegal to use a gambling site of any kind, so Americans are at liberty to place football bets online if they so choose. We've written the following page explaining things in more detail for those interested, or you can just keep reading for a quick guide to getting started online.
The National Football League is fully against any sort of legalization of sports betting, strongly protesting it as to not bring corruption into the game. On the other hand, the CEO of the International Cricket Council believe sports betting, in particular in India, should be legalized to curb illegal bookies where match fixing has occurred from nontransparent bookmakers. Many of the illegal proceeds also allegedly go to fund terror, drugs and other illegal activities.
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 >>
Just when you think Canadians can't out do themselves, they go and get themselves a completely Canadian way of betting on the one sport they care the most about - hockey. As a Canadian, I can honestly say that we would chose hockey (plus beer) over just about anything in the world. It's our past time and it's our future because despite the lack of quality Canadian teams in the NHL, the fan bases are more passionate than ever in hopes of one day competing with and finally beating hockey's elite teams. Read More >>
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.
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 it...it will not cost a cent!
The ICC shares anti-corruption jurisdiction with national cricket federations, all of which have anti-corruption rules substantially identical to those of the ICC. The ICC has elaborate mechanisms for determining whether it or a national federation will take action under the relevant anti-corruption code. In general, the ICC has either exclusive or priority jurisdiction over international matches, while national federations have responsibility for actions relating only to domestic matches.
Another way to beat football point spreads is to shop for off market prices. For example, let's say you're shopping online betting sites and see every site is offering Vikings +7.0. Then, you stumble upon one site that's offering +7.5. There's a good chance that this is a +EV wager, simply because it is out of sync with every other site. Please note that this strategy isn't quite the same as simply shopping for the best lines. Here, you're specifically looking for wagers that are +EV because they're against the market.
This arrangement tells us a lot: which team is home (listed on bottom, in this case the Seattle Seahawks), which team is the underdog (listed with a plus sign next to their name, in this case the New England Patriots), we know which team is the favorite (listed with a minus sign next to their name, in this case the Seattle Seahawks), and we know the point spread (2.5 points).
So how do you win? At the end of the first quarter, halftime, third quarter, and final score whatever the score is will be awarded to the person who owns that square. If the score is 17-10 at the half with the home team winning, the person with the squares of 7 and 0 would win that portion of the game. Having the squares 0 and 7 would not help because it would be assigned to the wrong teams. Usually the total money is divided by 5, and is paid out as follows. 1st quarter, Halftime, and 3rd quarter all get a 1/5 of the total bank and the Final Score doubles this to 2/5. So if you were involved on a $5 dollar pool and all 100 squares were filled that would be $500 to be paid out. With that number you would get paid $200 for final score and $100 for all other scores.
Above, you can see several numbers to the right of both teams. These all represent the different lines that are available on the San Francisco vs. Los Angeles game. The first set of numbers for both teams is the point spread, the second set is the moneyline, and the third set is the over/under (a.k.a. totals). We'll explain each of these lines more in-depth below.
Money Line: More common in baseball and hockey, pro football moneylines are growing in popularity. There is no spread, so your team just needs to win the game, not win by a certain number of points. The negative value means a favorite (-190) and a positive one indicates an underdog (+170). Picture the number 100 sitting in between these two values. Example: if you want to pick a -190 favorite, you must risk $190 in order to win $100. To back a +170 underdog, you put up $100 and win $170 if the dog wins. In some cases, betting moneylines is actually better value and can provide a bigger profit for less risk.