Total – also widely referred to as the over/under is the predicted number of points oddsmakers believe will be scored in the game by both teams combined. The concept is simple – handicap how each team stacks up against each other on offense and defense and predict whether there will lots of scoring or not much. In totals betting, you are predicting whether the combined total score will be more than or less than the total.
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.
The moneyline is different. First, with the moneyline whichever team wins the game pays out. There’s no giving or taking away of points. How do the bookies even the playing field with the moneyline? They do it by making bettors wager more on the favorite to win less and allowing them to bet less to win more on the dog. The favorite is posted with a minus sign and a number. That number represents the amount of cash that has to be wagered in order to win $100. The underdog, on the other hand, is listed with a plus sign in front of a number. That number shows how much a bettor wins when they bet $100.
Here in this point spread example for the NFL, the Falcons are playing the Panthers. Atlanta has been set as a three-point favorite on the betting line. That means that for Atlanta to cover the spread that has been set, they will need to win by at least four points. And for Carolina to cover the point spread, they can do so with a loss by two points or less, or obviously a win straight up. If the Falcons win by exactly three points, the bet would result in a push with no payouts.
In Asian betting markets, other frequently used formats for expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Odds are also quite often expressed in terms of implied probability, which corresponds to the probability with which the event in question would need to occur for the bet to be a break-even proposition (on the average).
Simply, bigger returns. On a point spread bet you would usually have to spend $105 or $110 to win $100. If you bet on the moneyline you may instead only have to spend $50, or even less, to win $100. You won't win as often, of course, because the underdog not only has to cover the spread, but it actually has to win the game outright. Upsets happen, though, and good handicapping will often isolate situations where the likelihood of an upset exceeds the risk of the bet. This is especially relevant in the NBA because the number of games, and the possibility for even the best teams to have a bad night mean that major upsets are far from rare and can be very profitable.
If you bet on the point spread, you’ll often see -110 placed next to each betting option. That means that you have to bet $110 to win $100. The $10 difference is effectively a fee you are paying to place the bet. It can be referred to as the juice or the vig (short for vigorish, which originates from the Russian word for winnings). If there is an even amount of money bet on both sides of the line, the juice guarantees a profit for the house.
It is also widely known as the over/under and, just like the point-spread myth, it is not Las Vegas' guess at how many points will be scored in the game by both teams combined. It's a number it feels will encourage just as many bets on the over as the under. If you picked the under 47.5, you want tough defense and the team running the ball to eat the clock. If you pick the over, you want offensive fireworks and long bombs for TDs. In totals betting, you are predicting whether the combined total score will be more than or less than the total.
This might be the most unlikely playoff matchup in NFL history. Why? Houston started the season 0-3 and Indianapolis began 1-5. Texans coach Bill O’Brien is probably fired if his team doesn’t win 37-34 in overtime at Indy in Week 4. The Colts won 24-21 in Houston in Week 14. The Texans claimed the AFC South title with Sunday’s 20-3 win over Jacksonville to reach the playoffs for the third time in the past four seasons. The Texans have won at least one postseason game in three of their four all-time trips.
Many reasons contribute to why point spread betting is one of the most favored by NFL players, certainly one reason it is so attractive to the recreational player is that essentially you have a 50-50 proposition on every team no matter who they are playing meaning you have the opportunity to bet your favorite team no matter who their opponents and in theory have a 50% chance of winning your bet at reasonable odds. Take the 2008 Detroit Lions who went through the regular season without winning a game, now betting them on the NFL money line odds would have been a disaster whereas their point spread record for that season was 7 wins and 9 losses. Similarly the 2007 Dolphins went through the NFL regular season with only one win however their point spread record stood at 5 wins, 7 losses and 4 pushes against the closing line.
The level of the gambler’s profit or loss will be determined by the stake size selected for the bet, multiplied by the number of unit points above or below the gambler’s bet level. This reflects the fundamental difference between sports spread betting and fixed odds sports betting in that both the level of winnings and level of losses are not fixed and can end up being many multiples of the original stake size selected.
On December 7, 1980 the San Francisco 49ers overcame a halftime deficit of 28 points in what became the greatest regular season comeback victory in NFL regular season history. By the beginning of the third quarter, notorious Vegas bookmaker Frank Rosenthal received forfeiture notices from 246 San Francisco bettors totaling more than $25,000 in premature winnings. Rosenthal was able to retain these winnings despite the final outcome of the game due to gambling regulations previously established by the NAGRA.[citation needed]
Proposition bets are wagers made on a very specific outcome of a match not related to the final score, usually of a statistical nature. Examples include predicting the number of goals a star player scores in an association football match, betting whether a player will run for a certain number of yards in an American football game, or wagering that a baseball player on one team will accumulate more hits than another player on the opposing team.
If you see the point spread move, let’s say from -9 on Tuesday to -10.5 on Friday, this is known as a line move. It occurs when there is a surplus of bettors wagering on the same side of the game and sportsbooks move the line to balance the action. That means encouraging more people to bet the other way by making the line more appealing. This reduces risk for the sportsbook, who wants to have an equal handle on each team.
Pools, cards, and parlays - A parlay is just a combination bet. Instead of making five separate bets on five different games, the bettor places a single parlay bet, hoping he or she can predict the outcome of all five games. If any one of the games is a loser, the entire parlay is a loser. The payout is better for parlays, because the odds of successfully picking multiple winners are much tougher to beat [ref]. Most people are familiar with parlays through office betting pools or football cards. If you've ever paid $5 to select your winners from a list of that week's football games (sometimes using the spread, sometimes using the straight scores) in hopes of winning the weekly prize, then you have made an informal parlay bet. Office pools don't usually involve actual bookies beyond the person who organizes the pool, and no one takes juice from the pool. All the money is distributed to the winner or winners.

All individuals are banned from advertising or promoting any football betting activity in which FA regulations prohibit them from engaging. This, however, only applies to individuals in their personal capacities. For example, if a club is sponsored by a betting company and said company places its logo on the club's kit, the team's players are not in violation of the betting rules.

There are times when moneyline wagering is smarter than point-spread wagering and this is why moneylines are growing in popularity. Typically used in baseball and hockey, pro football moneylines are popular in Las Vegas for picking underdogs. The team you choose only has to win the game, not win by a certain number of runs or goals. The negative value still indicates the favorite (-150) and the positive value indicates the underdog (+130). It's easiest to picture the number 100 sitting in the middle of these two values. For example, if you want to pick a -150 favorite, you would risk $150 in order to win $100. On the underdog, you would risk $100 and win $130 if the underdog wins. It's a simple way to have the risk-reward scenario. In the right circumstance, where you have a small underdog, you can get a very similar bet by risking less and also get a bigger payout by going the moneyline route.
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.
Often big games will have "proposition" bets on things not directly related to the final score of the game. These are usually abbreviated to "prop" bets. For example, in football whether or not the first score will be a touchdown. In baseball whether a run will be scored in the first inning. In hockey/soccer, whether anybody will score a hat trick. The odds on these are expressed like point spread bets. For example, as I write this the Golden Nugget has the following proposition bet on Super Bowl 49:
The moneyline works differently. With this type of wager whichever team wins outright pays off. There is no spread. How does the line work? The favorite is listed with a minus sign and a number. That number is the amount of cash that must be bet in order to win $100. The underdog is posted with a plus sign in front of a number. The number is how much a sports bettor wins on a $100 wager.
If the bookmaker was only confident enough to give Seattle a field goal’s lead on the Patriots, it was clearly going to be a tight game. Oddsmakers aren’t often that wrong about flagship games like the Super Bowl. All things being equal, it’s likely the betting public would have taken the Seahawks to win the game and have been done with it. But throw in the point spread that gave the Patriots 2.5 points, and the proposition seems more equal.

Spread betting are wagers that are made against the spread. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another when two teams play each other and one is perceived as being more likely to win. The favorite "takes" points from the final score and the underdog "gives" points. This number can also be in increments of half-a-point (.5) even though very few sports have .5 point scoring (i.e., The Ryder Cup)

Spread betting are wagers that are made against the spread. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another when two teams play each other and one is perceived as being more likely to win. The favorite "takes" points from the final score and the underdog "gives" points. This number can also be in increments of half-a-point (.5) even though very few sports have .5 point scoring (i.e., The Ryder Cup)
SportsInsights.com’s general betting articles discuss the intricacies of sports betting as it pertains to each major U.S. sport. This article will concentrate on how to bet on the NFL. We will try to utilize that “neck up” part of our bodies to gain an edge on the linesmakers, but first we must know the basics. The NFL is by far the most popular bet of all major American sports, culminating with the most popular game of the year, the Superbowl. This article will shed light on each football wager type including spread, moneyline, totals, parlays/teasers, halftimes, and futures.
In a national poll released in December 2011, Fairleigh Dickinson University's PublicMind asked voters whether they “support or oppose changing the federal law to allow sports betting” in their respective states. Just as many voters approved (42%) as opposed (42%) allowing sports betting. However, voters who already live in households where family members (including themselves) engage in sports betting had a strongly favored legalization of sports betting (71%-23%), while voters in households where sports betting is not an activity, opposed legalization (46%-36%). Peter J. Woolley, professor of political science and director of the poll commented on the findings, “Gambling has become, for good or ill, a national industry, and you can bet that politicians and casinos all over the country are closely following New Jersey’s plans.”[8]
Edit My Bet. The ‘edit bet’ feature can be used by gamblers to ‘unsettle straight accumulators’ before matches have started or whilst they are in-play. The feature can also be used for to swap single bets for new bets, and the gambler is given a new bet selection valued at the bookie's cash out price to reflect live market/game odds for the original bet.[1]
Mississippi became the fourth state in the United States to launch sports betting operations on August 1, 2018 when Gold Strike Casino Resort in Tunica Resorts and Beau Rivage in Biloxi started taking wagers.[35] On August 30, 2018, West Virginia became the fifth state to launch sports betting, with Hollywood Casino at Charles Town Races the first casino to offer sports betting.[36] New Mexico became the sixth state to offer sports betting on October 16, 2018 with the launch of sports betting at the Santa Ana Star Casino in Bernalillo.[37]
The general purpose of spread betting is to create an active market for both sides of a binary wager, even if the outcome of an event may appear prima facie to be biased towards one side or the other. In a sporting event a strong team may be matched up against a historically weaker team; almost every game has a favorite and an underdog. If the wager is simply "Will the favorite win?", more bets are likely to be made for the favorite, possibly to such an extent that there would be very few betters willing to take the underdog.
Two possibilities existed for Seahawks backers at this point – either the team would win the game by at least three points or not. There was no possibility for a push, thanks to the use of a half-point. It’s impossible to score a half-point in football, so thanks to the magic of rounding, there’s no room for a tie outcome. Those who backed the Patriots were looking at two possible outcomes, too – either New England would pull off the upset or they would lose by just a point or two. Both would turn out in a win.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
Several additional states such as Louisiana, Connecticut, Mississippi,[30] Maryland, Massachusetts, Missouri, California, South Carolina, Iowa, Illinois, Kansas, Kentucky, Indiana, Michigan, Minnesota, Oklahoma, Ohio, New York, and West Virginia,[31] began drafting bills to legalize sports betting soon after New Jersey and Delaware. Pennsylvania,[32] Rhode Island,[33] and West Virginia were able to pass legislation legalizing sports betting within their states.[34]
There are several very important terms and phrases you need to know if you have your sights set on becoming a sports bettor who has even the slightest idea of what you are about to bet on. Doc's Sports "How To" section has you covered for everything you need to know, but this may be one of the most important phrases to know when betting on sports that use a point-spread. Sure, money line, juice, totals, covering the spread and bad beat are all important words and phrase to know, but "laying the points" is something the general public loves to do. Read More >>
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.[17] The poll also suggested that 33% of respondents disagreed with the notion of legalization.
Oftentimes a point spread will not be a whole number, and will be accompanied by a decimal point and a half number. This can be significant for a point spread. Essentially what it comes down to is that a whole number point spread gives the opportunity for a wager to push. A push means that if the favorite is favored by 10 points and wins by 10 points, bettors get their money back. Just like when betting on the over/under total for points, the spread is a half-point in addition to the whole number, there is no chance to push.
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.
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 several very important terms and phrases you need to know if you have your sights set on becoming a sports bettor who has even the slightest idea of what you are about to bet on. Doc's Sports "How To" section has you covered for everything you need to know, but this may be one of the most important phrases to know when betting on sports that use a point-spread. Sure, money line, juice, totals, covering the spread and bad beat are all important words and phrase to know, but "laying the points" is something the general public loves to do. Read More >>

Once you understand how odds in college football are expressed, you can use them to start to determine where your money should go. Be sure to see our college football odds page that connects you with the top sportsbooks on the Internet. The odds makers are trying to even out all bets. Your job is to determine on which side of the point spread, line or over/under it goes.
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 lot of betting strategy is very complex, and it definitely helps to learn some of the more advanced concepts if you want to be truly successful. However, trying to get your head around complicated strategies is NOT the right approach as a beginner. There are several simple betting systems that are relatively easy to understand, and it makes much more sense to start with these. They're not guaranteed to bring immediate success, but they can be effective if used correctly.


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.
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.
“Limitations. Subject to the foregoing, and subject to all of the terms and conditions of this Compact, the Tribe shall establish, at its discretion, by tribal law, such limitations as it deems appropriate on the amount and type of Class III Gaming conducted, the location of Class III Gaming on Indian Lands, the hours and days of operation, and betting and pot limits, applicable to such gaming.”

The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. OddsShark does not target an audience under the age of 18. Please visit gambleaware.co.uk or gamcare.org.uk for guidelines on responsible gaming.
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