The most famous historic example of this is Super Bowl III when the New York Jets stunned the football world and upset the Baltimore Colts. The Jets were 18-point underdogs, still the largest point spread in Super Bowl history. They won 16-7, and people wondered what the oddsmakers had been thinking. Noted oddsmaker Bob Martin was later asked if he was embarrassed making the Colts such huge favorites. He said he was not because in what was then one of the heaviest bet sporting events ever, his number drew a fairly even amount of bets on both sides. This guaranteed a profit for the house.

The process of sports betting is nowadays better regulated and therefore a lot safer. The perception in society is also getting better and better. There are several reasons for this. On the one hand, the legalisation of online sports betting made it clear that this industry is no longer run by criminal gangs. In addition, many people recognized the irony that although they liked to play the lottery or participate in other lotteries, they still considered sports betting too risky, although they have the better chances of winning. The market was free and better controlled, the state lost its monopoly on gambling and betting providers could advertise for themselves. Now that the bookmakers were represented on television or on posters by prominent faces, the perception changed even faster. The opportunity to now also place sports bets via the Internet drew the attention of many people interested in sports. You no longer had to go to a betting office, but could place bets from the comfort of your own home, on the bus, outside with friends or in a pub.


Last week, we went over how to read sports betting odds and covered the most common items you'll see on a betting board inside a sportsbook (or on your screen with your online sportsbook). These included point spreads and totals. When betting these choices, you will almost always see -110 listed with them. If you don't know what that means, don't worry - we're covering that today and it's not nearly as complicated as it looks. Whether you're brand new to betting, have placed some bets but have disregarded the -110, or live outside the United States and are unfamiliar with American odds, you'll be an expert in no time after reading.
I hope this article helped explain what -110 means and how to better understand sports betting odds. If you have any unanswered questions about reading odds or sports betting in general, feel free to send me a message. You can also subscribe here to receive new blog posts like this and other updates to Fast Break Bets via email. Thanks for stopping by and good luck!
Point Spread – This is the margin of victory for a game determined by the oddsmaker. Sportsbooks use this to create action on both teams. The favorite will have to win by more than the margin the oddsmakers set. If the Broncos are favored by 2.5 against the 49ers, they must win by 3 points or more for a win. If they only win by 2, they didn’t cover the spread and those who bet the 49ers will win.
Some people refer to sportsbooks as a sanctuary; a place they can go where they do their best thinking and enjoy the games and atmosphere. Some people refer to them as utter chaos and other than placing their bets at one, do everything in their power to get out before the games actually start. Whether you are one side of the fence, or the other, as long as the sportsbooks have your money tied up with them, they have you right where they want you. Sportsbooks are here to stay, so I suggest getting used to all the chaos. Read More >>
Although the odds on a spread bet are often listed as being even at 1:1, the fact is they are 0.90:1, which is a bit less than even. How does this work? Often in the point spread you’ll see next to each spread number -110. This tells you how much you have to wager to make $100. Thus, with the point spread -100 will always be listed, which means if someone wagers $110, they will make a $100 profit if they win. (If betting $11.00, the payout would be $10.00)
The easiest way to see how your favorite team has been going against the closing point spread line is to visit The Football Lines .com's NFL Spread Results pages, here you will find the results for all 32 pro football teams against the closing NFL spread listed by AFC teams and NFC teams. These results are also archived by the week and include the most current games right back to the 2007 NFL season. With green representing a win against the closing spread, yellow a push and red a loss our NFL Spreads Results are an easy way to identify teams who are on a winning or losing streak, how different teams have performed against the spread after a bye week or how different teams have gone over the years in various NFL weeks.
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.
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.
In the United States, it was previously illegal under the Professional and Amateur Sports Protection Act of 1992 for states to authorize legal sports betting, hence making it effectively illegal. The states of Delaware, Montana, Nevada, and Oregon—which had pre-existing sports lotteries and sports betting frameworks, were grandfathered and exempted from the effects of the Act.[6]
Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better (lower) score wins the matchup. (If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.)
Wagering on the NFL revolves around the point spread in which one team is designated the favorite and the other team is called the underdog. The NFL point spread sets a specific number of points that the favorite must win by in order for a person betting that particular team to win their wager. Lets use an example from last week's NFL slate to demonstrate the art of NFL point spreads. This past weekend the New England Patriots played the Seattle Seahawks. The Patriots were four point favorites in that game. So in your local newspaper, you might have seen something similar to this illustration.
Check these sites out and see which one fits you best. Maybe you will take advantage of the bonuses at those sites and then decide which one you want to continue to use. I prefer to use multiple sites, so I have a selection of lines to choose from to get the best available payout! Whether you want to bet $1 or $500, any of these sites will work just fine for you and pay you quickly when you win. If you want more details and options, just go to the sportsbook reviews and ratings page.

Futures – wagers made in predicting an event in the future like next year's pro pigskin title. Oddsmakers produce lines during the year, depending on the strength or weakness of teams, then offer wagers on each team to win. For example, a league's top team may be +150 to win the championship. That means a $100 wager would pay $150 profit. However, a poor team might be +3000, indicating they are not expected to win and a $100 would pay $3,000 as a huge longshot.
The rule against gambling in baseball is known as "Rule 21," which is publicly posted on dugout walls and states: "Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever on any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible." People permanently banned from Major League Baseball are also forever banned from entry into the Baseball Hall of Fame, although most such people have been reinstated a few years later by a later Commissioner of Baseball. For instance, Mickey Mantle and Willie Mays were both banned from baseball in 1983 after taking jobs as casino greeters (which would have expelled them from the Hall of Fame had it been allowed to stand); they were reinstated two years later. Only Rose has yet to be reinstated.

You'll also usually be given the option to wager on the game with the money line in football and basketball. In this case, all you have to do is pick the winner of the contest, but there's one drawback. If you bet on the team that's expected to win, you can find yourself risking much more money than you stand to win. Each team is assigned odds, much like in a horse race where a 2-1 favorite will pay out much less than a 15-1 longshot. This method also evens the playing field for bookies, sportsbooks and other gambling institutions.


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The odds and lines for football games are not always the same at every bookmaker. They don't tend to vary by a lot, but they do vary. It's very much in your best interests to always try to place wagers where you can get the best value. A half point difference on a spread or a couple of points difference on the odds may not seem like a big deal, but over time these small differences can add up. By opening accounts with a few different sites, it's easy to shop around for the best odds and lines. This is one of the best ways to maximize potential profits.
Once the Southeastern Conference gets going on Labor Day weekend, people can bet on the outcome of each game. Or they can make proposition bets on who wins the coin toss, which team will score first and whether the first points will come from a touchdown or a field goal. With proposition bets, fans don’t have to wait until the end of the game to win or lose.
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 >>

“The Compact Negotiation Act, NMSA 11-13A-1, et seq., authorizes the state to negotiate a tribal-state class III gaming compact pursuant to the federal Indian Gaming Regulatory Act (“IGRA”). Thus class III gaming conducted pursuant to a Gaming Compact is lawful in the state. Nothing in the Compact Negotiation Act qualifies or limits the term ‘class III gaming.’ Federal regulations issued under IGRA classify sports betting as class III gaming. 25 C.F.R. § 502.4(c).

A point spread in sports is a figure set by oddsmakers to provide an advantage or disadvantage based on the margin of victory or defeat for a given team. The “favorite” team (labeled with a “-” sign) would be at the disadvantage as they would need to win the game by a set number of points while the “underdog” team (labeled with a “+” sign) would be given an advantage to not lose the game by a set number of points. The reason oddsmakers do this is to provide betting interest for both sides due to one team typically being better than the other.
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground dog fighting.
Last week, we went over how to read sports betting odds and covered the most common items you'll see on a betting board inside a sportsbook (or on your screen with your online sportsbook). These included point spreads and totals. When betting these choices, you will almost always see -110 listed with them. If you don't know what that means, don't worry - we're covering that today and it's not nearly as complicated as it looks. Whether you're brand new to betting, have placed some bets but have disregarded the -110, or live outside the United States and are unfamiliar with American odds, you'll be an expert in no time after reading.
All this means to someone betting on New England is that in order for them to win their wager the Patriots must win by more than four points. For another bettor placing his money on Seattle, the Seahawks must either win the game outright or lose by less than four points. If the outcome of the game were to be decided by exactly four points, it what result in what is called a “push” where both bettors would neither win or lose their wager.
Who doesn’t love a good old-fashioned NFL spread? Not only does the point spread remain the king when it comes to wagering on pro football, it is a favorite among pro sports bettors and beginners alike. Also known as the line or spread and as betting “sides,” a common misconception is that sportsbooks set the spread as a predicted margin of victory. It’s actually the number oddsmakers predict would be a good balance between people who want to bet the underdog and those who want to bet the favorite.
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