`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.`

**If all the money at one sportsbook comes in on Team A and all the money comes into a second sportsbook on Team B, they’re both going to adjust their lines accordingly to what is going on in their book. This means that if you want to bet on Team A, you should go to the second sportsbook where the line will be great. If you want to be on Team B, you should go to the first sportsbook where the line will be better.**

The second number in our example (-110 for both teams) tells you how much you have to wager in order to win $100. It’s an easy way to calculate how much you’ll win if your bet pays off, presented in units of $100 at a time for simplicity’s sake. Most of the time, these two numbers will be the same, because oddsmakers want to set lines so that they get as much action on the underdog as on the favorite, guaranteeing them a profit. If a book gets a single bet of $110 (by a customer hoping to win $100) on the Cowboys and a single bet of $110 on the Giants, it will have taken in $220, but will only have to pay back $210 to whichever customer wins the bet. That’s a guaranteed profit of $10, and since sportsbooks take far more than a single bet in either direction, they stand to earn that seemingly small amount of profit many times over. The $10 difference between what you wager and what you win is known as juice or vig in the sports betting industry, and it’s the way books earn their bread and butter.

This is the format that terrifies people the most. We can promise you that fractions aren’t as scary as they seem if they’re explained properly. Here is the easiest way to calculate your profits and payouts with fractional odds. Solve the fraction and then multiply that number by your bet size to get your potential profit. If you can’t remember how to solve fractions, it’s ok. Don’t look at it as a “fraction” but more as a division problem. 13/20 is the same as 13 divided by 20. 29/20 is the same as 29 divided by 20.

**So to solve the first fraction for the Heat, we do 13 divided by 20 and get 0.65. Let’s look at our calculations for the $10 bet and the $250 bet. If we bet $10, we multiply our solved fraction of 0.65 by $10 and get $6.50. This is our correct profit! If we bet $250, we multiply our solved fraction of 0.65 by $250 and get $162.50. This is out correct profit!**

*Remember, these calculations are for your profit. Profit is different than the total money returned that you will get from the sportsbook. If you correctly bet the Falcons to win, the sportsbook will return you $340. This will be your $240 in profit as well as your $100 bet that you made. Make sure that you pay attention to this when working with these numbers because we see people get confused all the time as different sportsbooks will give you different numbers.*

Of course, it wouldn’t be. Everyone would bet on Mike Tyson, and the sportsbook would lose all of their money and close the next day. So what the sportsbooks do is they assess who is the favorite and who is the underdog and assign a value to how much in each direction they think they are. Let’s look at what the odds might look like for our fictitious fight and break down what everything means.

*An If Bet is another type of bet that is a favorite among YouWager.eu bettors. An If Bet is similar to a parlay bet, however not quite the same. These types of bets can only be made after the original bet is made and won. An If Bet gives you the chance to bet on more than one game if the previous bet before has come out victorious. For instance, if you place a bet on the original game and it's a winner, an If Bet would require the total payout to be risked on the next bet. If an If Bet is lost, the total payout is subtracted from the last wager you have made.*

#### Sometimes with NFL odds you’ll see a spread posted as a whole number. Decimals or fractions are usually utilized to ensure there won’t be a tie. If in our example the spread was reset to 10 with the Colts favored and they win by 10, then the game is considered to be a tie, which in betting terms is called a push. If there is a push all bets are off and the sportsbooks return all wagers back to the bettors.

Let's look at a different option. We bet the Cowboys +3, and the final score is Chargers 21, Cowboys 19. Even though the Cowboys lost the game, we still win our bet because they lost by less than three points. How much are we going to get paid on this bet? Well, we look in the parenthesis and see we will get paid at -120. This means that for every $100 we bet, we will get paid $83.33 in profit.

`Something that all of our pro bettors on staff preach is that there is no reason to make anything more complicated than it needs to be. Specifically, they are referring to the awful trend of aspiring sports bettors thinking that you must make more complex bets in order to make a living betting sports. The reason we say it’s an awful trend is because this couldn’t be further from the truth.`

*The term moneyline is actually somewhat misused in sports betting as it really just means a type of odds format. Technically, it is a way to represent the odds/payouts for a win bet, but we’re not going to split hairs. What we’d like to point out is that the odds on each participant in a sporting contest can be listed in one of three different formats.*

**Point spreads are determined by football 'experts' to even the playing field between two teams. Normally one team will be favored to win over another team. These 'experts' determine the number of points that one team will beat another team by. For example, Chicago is favored to beat Minnesota by 10 points. On the web site it will appear like the following:**

^{Piggybacking on the simplicity of moneyline bets is the ease with which you can properly assess value. Now, you’ll notice that it doesn’t say “Easy to Find Value,” and that is because it’s never easy to find value in sports betting. If it were easy, everyone would be doing it for a living. What it says, though, is that it is easier to find value with moneyline bets because of the simplicity. }

# If you've never set foot in an actual sportsbook before or logged into an online sportsbook, the chances of you getting overwhelmed when you actually do is very high. In an actual Las Vegas sportsbook, there is typically a lot of commotion and the odds and lines are displayed on a massive digital board for everyone to see. When a novice sports bettor looks at the massive digital signage, they will see a bunch of numbers, both positive and negative, some two digits, some three digits. They also won't have a clue what any of it means. The same can be said for the online sportsbooks. It looks like a massive spreadsheet with negative and positive numbers beside each teams' name.

**Identify the type of line you are looking at. All online sports books offer you the chance to have your lines in an "American" or "Money line" version. If I were you, I would use this as my standard. An "American" line uses either a + or - before a number to indicate odds. So a -120 and a +120 are two very different odds on a team… I will explain the differences shortly. Two other less common variations exist: decimal odds and fractional odds.**

The second number in our example (-110 for both teams) tells you how much you have to wager in order to win $100. It’s an easy way to calculate how much you’ll win if your bet pays off, presented in units of $100 at a time for simplicity’s sake. Most of the time, these two numbers will be the same, because oddsmakers want to set lines so that they get as much action on the underdog as on the favorite, guaranteeing them a profit. If a book gets a single bet of $110 (by a customer hoping to win $100) on the Cowboys and a single bet of $110 on the Giants, it will have taken in $220, but will only have to pay back $210 to whichever customer wins the bet. That’s a guaranteed profit of $10, and since sportsbooks take far more than a single bet in either direction, they stand to earn that seemingly small amount of profit many times over. The $10 difference between what you wager and what you win is known as juice or vig in the sports betting industry, and it’s the way books earn their bread and butter.

For example, imagine a game where the odds were -550 for the favorite and +450 for the underdog. A bettor shopping around for lines might be delighted to see the same favorite offered at -490 and enthusiastically back the team at those odds simply because those are the best odds available. However, if we removed the vig from -550 and +450, we'd see that the fair odds are actually -466 and +466. So, placing a wager at odds of -490 doesn't actually offer any value.

*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.*

`These bets are less popular as of now, but most sportsbooks are starting to offer them as they are growing in popularity. The reason for the growth is that more people are starting to understand them and see that they can help you cut down some variance and risk, while still ensuring that there is no draw. The reason for the name is that these bets are growing extremely quickly in popularity in the Asian countries and betting markets. Most online sportsbooks are starting to offer these fairly regularly now.`

Let’s take a quick step back and talk about what the sportsbook’s goal is with any game they are offering action on. Ideally, the sportsbook wants to take the perfect amount of action (money bet) on each side of a game so that regardless of who wins, they make money. Their profit comes from taking a small percentage off of the top as a house fee for facilitating the action.

^{Let's say you think Liverpool is going to win the game, but you think they are only going to win by three goals. If the first bet were the only bet available, you wouldn't be able to bet on this game unless you were a maniac. This handicap bet gives you more options, though! The next rectangle down is a similar bet except for this time it is Liverpool at -2, getting paid 13 to 5. If you take this wager, you need Liverpool to only win by three or more goals now, instead of four. If this happens, you will get paid at 13 to 5 or $260 for every $100 you wager. As you can see, this is more likely to happen, so you are going to be paid less for the bet. However, it does give you an option to bet what you want. }

__You should already know that the Eagles are the favorite to win and that you should expect less than even money on a correct pick here. You should also know that the Falcons are the favorite, and you should expect better than even money on a correct pick here. Having this in mind every time before you start your calculations will protect you from making a mistake and calculating the completely wrong direction.__

_{Let’s take a quick step back and talk about what the sportsbook’s goal is with any game they are offering action on. Ideally, the sportsbook wants to take the perfect amount of action (money bet) on each side of a game so that regardless of who wins, they make money. Their profit comes from taking a small percentage off of the top as a house fee for facilitating the action. }

*That’s easy to understand because of the payouts. If a team is heavily favored, that means they’re perceived as having a better chance of winning. If that’s the case, then you would win less money betting on them. The opposite is true for the underdog: they’re deemed as having a smaller chance of winning, which means you would get a bigger payout if you bet on them (and they won).*

Understanding NFL betting lines is just the first step towards making profits with football wagering. Once you've got the basics down, it's important to continue learning sports betting strategy to improve your long-term chances of winning. If you're able to win more than 52.4% of the time, you'll be well on your way towards being a profitable NFL bettor.

**This is called line shopping and is an integral part of sports betting, especially with moneyline bets. Most good sports bettors will have accounts on lots of different sportsbooks so they can check the lines on every bet they are making. Whichever book has the best lines for them is where they’re going to place their bet. To be honest, with how easy it is to shop lines online, the only reason you wouldn’t is if you were too lazy and didn’t care enough about your bottom line.**

##### For those of you that are smart, you know that this is probably the most valuable section of this entire guide. We’ve decided to give you free access to our expert team of NBA bettors and all of their game picks. You’ll get to see exactly who they’re betting on, what odds they’re taking the bets at, and any other information they deem pertinent. Not only that, but these picks will be written in a blog-style format which means you’ll get a full breakdown of why they are choosing the teams and bets they are. This will allow you to get inside the minds of the experts and start to learn and be able to mimic their winning habits.

###### Spread betting has moved outside the ambit of sport and financial markets (that is, those dealing solely with share, bonds and derivatives), to cover a wide range of markets, such as house prices.[5] By paying attention to the external factors, such as weather and time of day, those who are betting using a point spread can be better prepared when it comes to obtaining a favorable outcome. Additionally, by avoiding the favourite-longshot bias, where the expected returns on bets placed at shorter odds exceed that of bets placed at the longer odds, and not betting with one’s favorite team, but rather with the team that has been shown to be better when playing in a specific weather condition and time of day, the possibility of arriving at a positive outcome is increased.

*Single day matchups are wagers on the complete 18-holes for that day. Holes played as part of a completion from the previous day's round, and playoff holes are not included in Single Day matchups. The full 18 holes will be considered in determining the outcome of the bet even if they are played on consecutive days. If both members of the matchup do not complete the full 18 holes, all bets are "No Action". If both players end the 18 holes in a tie, the bet is considered a "No Action" wager.*

In most football games there is a favorite and an underdog. Very occasionally there are games where the two team are completely evenly matched, but for the most part one team is favored over the other to win. With point spreads, the idea is to create an even money proposition when betting on the game. So the favorite has to win by at least a certain number of points for a wager on them to be successful, and the underdog has to lose by no more than a certain number of points for a wager on them to be successful. The bigger the gap in quality between the two teams, the bigger the point spread.

__In addition to the spread bet, a very common "side bet" on an event is the total (commonly called the over/under or O/U) bet. This is a bet on the total number of points scored by both teams. Suppose team A is playing team B and the total is set at 44.5 points. If the final score is team A 24, team B 17, the total is 41 and bettors who took the under will win. If the final score is team A 30, team B 31, the total is 61 and bettors who took the over will win. The total is popular because it allows gamblers to bet on their overall perception of the game (e.g., a high-scoring offensive show or a defensive battle) without needing to pick the actual winner.__