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.
When you see a moneyline value associated with the point spread, it is the percentage amount you must pay in order to book the bet. Also known as the juice or vig, if you see -11.5 (-115), it means you have to bet $115 to win $100 — a 15 percent commission for the sportsbook. The underdog may see a value such as +11.5 (+105), which means you’ll have to bet $100 to win $105 if your team successfully covers the spread.
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.
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 gaming compact is made pursuant to the Indian Gaming Regulatory Act of 1988, which details the manner in which states and tribes must negotiate in order to offer Class III gaming on tribal lands. Section 3 of the Tribal Compact details the authorized Class III gaming activities that the tribes can conduct; however, unlike many states which agree to an enumerated list of Class III gaming activities that can be conducted, New Mexico’s compact states:
Total: Also called the over/under, it is a number set by the sportsbooks that proposes a number of points that will be scored in the game by both teams combined. Then, fans predict whether there will be more points or less points than the Â‘total.Â’ If you bet the under 41.5, you are hoping for a tough defensive battle with lots of running game. Pick the over, and presumably you feel this will be a high-scoring game. In short, you are predicting whether the combined total score will be more than (over) or less than (under) the total.