The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.
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. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner.
If you've ever made a full-game bet that was completely toast by half time, I will assume you know all about the half time bet. If you are one of the lucky few who don't know what that feeling is like, a half time bet allows you to wager on the outcome of the second half on any particular game - regardless of what happened in the first half. If you look hard enough and focus in on one or two games, you can often find a line that offers more value than you would normally find on a full game line because the line is soft. Read More >>
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. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner.
Especially in major tournaments, some sports books offer odds on unusual golf propositions, such as the over/under on the winning score, the over/under on the lowest round by any golfer or the over/under on the finishing position by a particular golfer. For example, the over/under on Woods' finishing position may be 3 1/2. If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash.
If your sports betting experience consists mostly of office pools during March Madness or a casual wager between you and a friend while you watch the Super Bowl, the transition to serious sports betting means learning how to read betting lines. The biggest difference between making the kind of casual bets mentioned above and placing wagers with online sportsbooks or at brick-and-mortar bookshops is the use of sports betting lines. Casual wagers usually involve each person in the bet picking one team to win, then wagering an equal amount, say $20 or $30. Professional bookmakers, online sports betting exchanges, and sports betting facilities in casinos have a more complex system for offering wagers on sporting events, in part to ensure profit on the part of the book, and in part to present a standardized representation of odds.
The point spread is a handicap placed on one team for betting purposes only, it has no place in the game itself. It's designed to give both teams an equal chance at winning in the context of wagers. Think of it this way: If last season's Super Bowl champion was playing a basement-dweller team that hadn't won a game all year, that's a shoo-in bet. Of course, you're going to take the Super Bowl champs, and in all likelihood, you're going to win. What's the fun in that? Even your bragging rights would be next to nil.
If you're just getting started with NFL betting, the most important thing you need to do is learn how the lines work. But this is easier said than done because NFL lines can seem like learning Greek to new bettors. Fortunately, learning football betting lines won't take you nearly as long to master as the Greek language. In fact, you should have a good understanding of the matter just by looking at the following information on how NFL betting lines work.
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.
The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet).
In this instance, the Dodgers are the favored team, as signified by the negative numeral. It would cost you $130 in order to collect a $100 payout on a Dodgers victory (plus the original wager of $130). But if you bet $100 on the Cubs, you'd collect $120 if they win (plus the original wager). In other words, you'll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet.
While home field advantage may be a sports term, it can also be linked to your house, your route to work, or even a trip to a familiar grocery store. Think about this for a second. If you've ever hosted a party at your house, you know where everything is and you would have free reign to go into any cupboard, drawer or room you that you please. That would be an example of home-house advantage. If you've ever gone to an unfamiliar grocery store (maybe you weren't around town but you needed to make a pit stop), it is going to take you a while to find exactly what it is you are looking for. Read More >>

One of the most basic concepts when it comes to betting on sports, especially football and basketball is the pointspread. Even people that do not bet on sports understand what it means when they read or hear that New England is a seven-point favorite against Miami. While reading a pointspread and understanding what they mean is a very basic sports betting concept, there is still more to these numbers than meets the eye.
Okay, so the other betting option available to you is the total or ‘Over/Under.’ You can choose to bet that the total points between the two teams will either be greater (OVER) or less than (UNDER) the projected total. Again, if you bet either way and the game ends up being 20-21, for a total of 41 points, then you will receive a refund of your wager amount.
If you'd rather not deal with point spreads, you can do a "Money Line" wager, which is whether the team/player you bet on wins or loses. You will see "Hawaii Tech +150 or Alaska Tech -140". This means if you bet on Hawaii Tech, if you bet $100, you would profit $150 (returns $250), while to win $100 on Alaska Tech, you must put up $140. Those ratios work whether you're betting $100, $10, or any other multiple of money.

Here's an example: Imagine that using the money line above with the White Sox and the Astros, you want to win about $100. If you place your bet on the favored White Sox, you will pay the bookie $120. If you win, you get your $120 back, plus $100 in winnings. If you lose, the bookie keeps your $120 (technically, bookies collect on losing bets after the game most of the time, but for our example we'll assume the bet is prepaid). If you bet $100 on the Astros, you'll get $110 in winnings if they win, and only lose $100 if they lose.


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.
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.
One of the most basic concepts when it comes to betting on sports, especially football and basketball is the pointspread. Even people that do not bet on sports understand what it means when they read or hear that New England is a seven-point favorite against Miami. While reading a pointspread and understanding what they mean is a very basic sports betting concept, there is still more to these numbers than meets the eye.
The first thing you’ll notice with moneyline odds is that there is either a positive or negative sign in front of the number. What that sign denotes is how much you’ll win betting on each side. If there’s a positive sign next to the odds, that indicates the amount of money you would win if you bet $100. If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. Now if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100. For example, if a football team was -250, that means you’d have to bet $250 to win $100.

As an illustration, let's look at Super Bowl futures. Sports books list each NFL team with corresponding odds to win the Super Bowl. For example, the Ravens may be 5-1, the Redskins 12-1, the Cardinals 100-1, etc. If you place $10 on the Redskins and they go on to win the Super Bowl, you collect $120 plus your $10 back for a total payoff of $130. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl.
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:
Obviously, the first three letters on the top two lines of the three-line package of symbols represents a team in the game you’re wagering on; NYG stands for the New York Giants, while DAL stands for the Dallas Cowboys. The number next to each team’s name is known as the spread or the point spread. Wagers on the point spread are among the most popular sports wagers in the world. The reason this wager is popular is that it doesn’t matter which team wins or loses; what matters is the amount of points the teams score, and whether or not the team you place your money on beats the difference in points (the ‘spread’) or not.
*Betting $110 to win $100 obviously is not an even bet. The extra $10 (or 10%) is the sportsbook’s commission, also known as the vigorish or juice. This commission is reduced to 5% with 5Dimes and other reduced juice books, but this commission is found everywhere. You are given this back when you win, but is obviously kept by the house when you lose.
The true purpose of a pointspread when it is released by any sportsbook is to try and attract an equal amount of betting action on either side of a matchup. If all the early money is flooding in on New England as the favorite with a seven point spread, the betting outlet handling this action is likely to move that betting spread to 7.5 points to try and attract some money towards Miami as the underdog.
If you're new to football betting and keen to get involved then you've just come to exactly the right place. On this page we will teach you all the basics of betting on football, and make sure that you are on the right track from the moment you place your first wager. If you feel like you're ready to dive right in, here are the top football betting sites we reccomend:
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]
In today's world, patience is a virtue that very few people have left in them. We live in a world with lightning quick internet, instant message and in a world where fast food reigns supreme. People love getting instant gratification. In the sports betting world, that also holds true. It's one thing to sit through a three-and-a-half-hour football game between two mediocre teams only to suffer a bad beat on a completely meaningless last-minute touchdown that does nothing but affect the point spread and burn your ticket. Read More >>
“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.”
Future wagers. While all sports wagers are by definition on future events, bets listed as "futures" generally have a long-term horizon measured in weeks or months; for example, a bet that a certain NFL team will win the Super Bowl for the upcoming season. Such a bet must be made before the season starts in September, and winning bets will not pay off until the conclusion of the Super Bowl in January or February (although many of the losing bets will be clear well before then and can be closed out by the book). Odds for such a bet generally are expressed in a ratio of units paid to unit wagered. The team wagered upon might be 50-1 to win the Super Bowl, which means that the bet will pay 50 times the amount wagered if the team does so. In general, most sports books will prefer this type of wager due to the low win-probability, and also the longer period of time in which the house holds the player's money while the bet is pending.
One of the most basic concepts when it comes to betting on sports, especially football and basketball is the pointspread. Even people that do not bet on sports understand what it means when they read or hear that New England is a seven-point favorite against Miami. While reading a pointspread and understanding what they mean is a very basic sports betting concept, there is still more to these numbers than meets the eye.
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. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner.
Pennsylvania approved a sports betting law in October 2017 and had regulations for sports betting in place in August 2018.[38] The state approved the first sports betting licenses for Hollywood Casino at Penn National Race Course and Parx Casino on October 3, 2018.[39] On November 15, 2018, sports betting began at Hollywood Casino at Penn National Race Course with a two-day test; official sports betting began on November 17, 2018. Hollywood Casino at Penn National Race Course became the first casino in Pennsylvania to offer sports betting.[40][41] Pennsylvania became the seventh state to offer sports betting.
For example, if you want to bet that -140 favorite, you’ll need to risk $140 in order to win $100. To bet on the +120 underdog we mentioned above, you’ll need to bet $100 to win $120 if the dog wins outright. In many cases, betting moneylines offers better value and can provide a bigger profit for less risk. Check out our NFL Betting Guide to learn more about when you should bet a moneyline instead of a point spread.
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