When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. When two unevenly matched teams played, the playing field was leveled by having the favorite give points (for example Chicago Bears –7) while the underdog got points (Minnesota Vikings +7). No matter which team the bettor took the bettor would always risk $110 to win $100. The extra $10 needed to win $100 is called the juice or the vig, it is basically the house’s or the bookie’s take. It’s 10-percent of the bet so it would take $33 to return $30 and $440 to return $400 etc. (winning bettors get the vig back).
As you may already be assuming, adjustments are made if you want to bet on the Razorbacks. The point spread for the Razorbacks would be set at +7. It will always be the exact opposite of the other team. As the negative sign represents the favorite, the plus sign here represents the underdog. If you were to bet on the Razorbacks, they can actually still lose, and you win your bet.
You could even take it a step further and take the next rectangle down and bet Liverpool +1. This means that Liverpool can tie or win by any amount of goals and you win your bet. As Liverpool is a huge favorite, you won't be paid very well at all for this bet, but you can still turn a profit when you are right. You would be paid at 1 to 10 which means you would get $1 for every $10 you bet. If you bet $100, you would get a $10 profit on this bet.

As you can see, the public seems to think that Florida is going to win this game by more than seven points. If the game started now, the sportsbook would stand to lose a lot of money if Florida did in fact win by more than seven points. They would stand to make a lot of money if Florida lost or won by less than seven points. Regardless of how the sportsbook thinks the game will go, they are not in the business of gambling. They want to guarantee profit as often as they can.
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.
The first part of each line tells you who you are betting on. The first line is a bet on Mike Tyson and the second line is a bet on Old Man River. Next, you’ll see a plus or a minus sign. The plus sign signifies the fighter who is an underdog, and the minus sign signifies the fighter who is the favorite. As you can see, Mike Tyson is the favorite and Old Man River is the underdog.
Without point spread betting, placing a wager on our team to win these games would be financial suicide. Point spreads create an even playing field for sports bettors. Even if your team is supposed to lose by 20 points, you can still bet on them if you think they're going to have a better day than predicted. If you've ever wondered why someone was still cheering and going nuts at the end of a blowout, you can bet they were sweating a point spread bet.
An over-under bet in basketball is a wager on whether the total score for the game from both teams will be above or below a certain threshold. This is a great bet to utilize when you think that a game will be defense heavy and both teams will be shooting cold, or when you think that it’s going to be a barn burner with both teams shooting lights out.
Essentially, a moneyline bet is a bet on which team is going to win the game. There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa.
There are four elements to the moneyline bet that you can see here. The first column is just an identifier of which bet is which for the sportsbook. When you place your bets, you can tell the sportsbook you want to bet on the Eagles to win or that you want to take bet 055. This number has nothing to do with the actual game and is just a code for the sportsbook to keep their bets organized.

Sports betting has become a popular pastime and with the offering of many online sportsbooks, punters from all over the world can engage in exciting betting action and can have amazing opportunities to collect payouts. There are many different types of bets that are supported at betting sites and most punters will be familiar with moneyline and spread bets. These are the two most popular betting options for experienced punters, so they are options at just about every operating sportsbook.
This is because different bookmakers and betting sites price up games differently. So the odds they offer are not always the same. Remember the Packers versus Cardinals game we showed earlier as an example? We used the actual odds from a real betting site for that example. The following odds were also available for the same game, from various other sites.

For UK spread betting firms, any final outcome that finishes in the middle of the spread will result in profits from both sides of the book as both buyers and sellers will have ended up making unit point losses. So in the example above, if the cricket team ended up scoring 345 runs both buyers at 350 and sellers at 340 would have ended up with losses of five unit points multiplied by their 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).

You have three choices for the three betting options: Home, Away, or Draw (tie). The result of the game is decided after regulation play (90 minutes plus injury time). Overtime, the Golden Goal rule, and penalty kicks are not taken into consideration for soccer bets unless otherwise stipulated. You can usually bet on a winner or advancement (including OT & shootouts) but with different odds would be given.
One of the biggest mistakes that bettors make is trying to make a judgement on every single game that's taking place. This is especially true of those who only focus on the NFL. There aren't that many games each week, and bettors think they stand the best chance of making money if they can predict the outcomes in all of them. This is not an approach we recommend.
With money line bets the goal is to pick the outright winner of a game or event without the use of a point spread. While money line betting is available for sports where point spreads are used, they’re most popular in sports like baseball and soccer where very few points are scored. Money lines are also used for sports where points do not determine the winner or loser, as in auto racing or tennis.

Remember with bets like this you can still be profitable by betting several options. Let's say you think Chelsea is going to win, but you also think Manchester United, Liverpool, and Everton also have a shot. If you were to place a $100 wager on all four of these teams, you would still turn a profit! Let's pretend you did this and say that your last pick Everton pulls it off and wins the regular season according to the sportsbook. Remember, they don't have actually to win, they just need to be on top after the sportsbook makes the point spread/handicap adjustments to the final rankings.
If you like favorites, you're going to be betting a lot to win a little. The money line will always be listed to the right of the point spread on the odds board in a sports book. In the above example, the money line would probably be Chicago -250 and Detroit +200. To bet Chicago simply to win, you must wager $250 to win $100, while a $100 bet on Detroit would pay $200 if the Lions come through.
Now that we’ve covered a lot of the basics concerning moneyline bets, let’s talk about the fun stuff – how much you’re going to make on your next correct moneyline bet. Remember, most online sportsbooks will automatically calculate the amount you are going to make on a moneyline bet before you even make the bet. You’re able to put in the amount you want to bet, and they will tell you immediately how much you would win from a correct pick.
Say the Bears are a six-point favorite over the Lions and the total is 42. To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet. If the Bears win by exactly six, both sides "push" and all bets are returned. It's also a push if the final score equals 42, otherwise the over or under will win.
One of the biggest factors you will see change the moneyline odds is the news media. The news does a great job of sensationalizing stories as well as reporting changes that may or may not have an effect on an upcoming game. Recreational bettors have a tendency to overreact to news stories, especially ones that pull on the heartstrings. This can create some really awesome betting opportunities for you to jump on. Expert bettors and sportsbook executives always say that if you can be on the opposite side of the general public on a bet, you’re probably in a good spot.
Some professional or seasoned bettors only use the point spread bets and are wildly successful. Their success comes from making correct picks, not from overcomplicating the situation. We're going to walk you through the basics, and the mechanics of a basketball point spread bet, discuss the popularity and benefits, and offer some tips and strategies to help get you moving in the right direction towards profitability with these bet types.
Feel free to play around with exactly how much to bet per wager. We just wanted to show you that making a guaranteed profit is doable. Since it's possible to claim bonuses at a number of different sites as a new customer, and since many sites offer a reload bonus, this strategy is repeatable. The most important thing to remember is this; only bet with reputable sites, like any of the ones we recommend.
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.
Fantasy/Virtual Matches or Head to Heads are implicit matchups where the performances of two or more opponents which are not directly confronting each other in the same event are compared. Settlements will be based on the number of times each participant records a predefined occurrence (e.g. goals) in the respective match. The following criteria will be used to determine the settlement of these type of offerings:
Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7. If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish.
Point spread lines can be tricky in the fact that they can help shape our views of a game just by looking at them. You may have no opinion of a game until you look at a point spread and then your brain immediately starts looking for evidence to back up the line. This can cause you to build your view of a game off of what the sportsbook thinks and not what you think. The best advice here is to have an idea of what you think the line is before you look at the sportsbook's lines. This will protect you from being influenced by what they came up with and help you to spot bad lines.

You could even take it a step further and take the next rectangle down and bet Liverpool +1. This means that Liverpool can tie or win by any amount of goals and you win your bet. As Liverpool is a huge favorite, you won't be paid very well at all for this bet, but you can still turn a profit when you are right. You would be paid at 1 to 10 which means you would get $1 for every $10 you bet. If you bet $100, you would get a $10 profit on this bet.
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?

Let’s say that people think the Mavericks are going to crush the Magic, and the money starts to pour in on the Mavs. Obviously, the sportsbook likes seeing a lot of bets come in, but they need them to come in evenly. So, to slow down the money coming in on the Mavericks and entice people to bet on the Magic, they will shift both lines. The new line might look something like this:


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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.
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.
The betting public as a whole is not very smart. There is a reason it is such a lucrative business to be in for the sportsbooks. The public loves to bet popular teams, great story lines, and trends that don't have a lot of merits. If you think that the public is going to bet a lot and shift the line more in your favor, just wait. In these situations, the worst that might happen is the line doesn't move, and you then take the bet right before the game at the original line that you still thought had value. Yes, there is a possibility of the point spread moving the other direction. If this happens, you just don't make a bet on this game and wait for the next one.
Many people will say that the odds on a spread bet are even, paying 1:1. But this is not true. The actual odds are 0.90:1. For every dollar bet, you can win 90 cents. When checking out the spread, you’ll usually see a number listed next to each spread. That number, which is your stake, is posted as -110. This number tells you how much you have to bet to win $100. If you put $110 on either team, you stand to win $100. If you bet $11.00, you can win $10.00. Every NFL point spread works this way.

With all that being said, there is one situation where we'd suggest the moneyline wager is usually a better option than a point spread wager. This is when you like three point underdogs in an NFL game. Only a small percentage of NFL games are decided by three points or less, so if you think a three point underdog is going to cover then you might as well bet on them to win outright. This will generally give you a much better return.
This is because different bookmakers and betting sites price up games differently. So the odds they offer are not always the same. Remember the Packers versus Cardinals game we showed earlier as an example? We used the actual odds from a real betting site for that example. The following odds were also available for the same game, from various other sites.
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.

The last number in the top two rows of our sports line example is known as the money line. If you’re not interested in betting on the point spread, you can wager on a team to win outright. The plus sign next to the underdog (in our case, the Giants) indicates how much money you’ll earn for every $100 you bet on the money line. Conversely, the minus sign next to the favorite’s line tells you how much you have to wager in order to win $100. In our example, a $100 wager on the Giants earns you $300 should they pull off the upset, while a bet of $405 on the Cowboys will net you an extra $100. Representing odds in units of $100 makes placing different size bets easy; if you want to bet $10 on the Giants, you stand to earn $30 if they win, while a $40.50 bet on the Cowboys will net you an additional $10.

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.
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.
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.

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:
The 2-way moneyline is what most North American bettors would simply refer to as “the moneyline”. This is one of the most common wagering options where the user bets which side will win the game straight up. (A draw or tie results in a push with the 2-way moneyline.) The term is sometimes highlighted during soccer betting to differentiate from the 3-way moneyline - a more popular option with the draw added as a wagering option.
It's inevitable in sports and basketball that in each game one team is going to be better than the other. Betting would be a little pointless if you were able to make the exact same wager on each team. Everyone would just always bet the better team, and the sportsbook would quickly be out of money and have to close up shop. What point spread bets attempt to do is even the playing field and offer bets with the same risk level on both sides of the coin. They effectively aim to create a 50/50 even playing field.
Here’s a less extreme example. Let’s say that Fighter A is fighting Fighter B and you think that Fighter A is going to annihilate Fighter b. Like you don’t even think it’s going to be close. Let’s say you decide that you would be willing to bet even if the odds were -400 on Fighter A. You’d only be getting $25 back on your bet, but that’s what you think is fair.

As we did with the underdogs, we need to figure out how much we will profit for each $1 that we wager. For underdogs, we divided the moneyline number by 100. For favorites, it is the exact opposite. We will take 100 and divide it by the money line number. So, for this example, we will take 100 and divide by 155 and get about $0.645 or about $0.65 in profit for every dollar that we bet.

Before actually betting or creating your draft for your fantasy football team, it’s best to take time to study the methods well and find a credible website that would give you the best forecast for NCAA Football Odds. The key to a higher probability in winning is to be able to use all the odds in correlation to each other. Once you understand how NCAA Football Odds computed, you’re on the right track to achieving your goal.

Overtime and the shoot-out does count for NHL point-spread results in Ontario. Whenever you see a game -0.5 essentially both teams have a spread of -0.5 and your team has to win the game for you to win the bet. Lately there have been more -1.0 / +1.0 NHL spreads in Ontario. If you choose the -1.0 spread and the game goes to overtime you cannot win the bet. You can only push the bet if your team wins in overtime or the shoot-out. Conversely, if you choose the +1.0 spread and the game goes to overtime you cannot lose the bet but will push the bet if your team loses in overtime or the shoot-out.
You’ll need to know how the rotation number, point spread, moneyline and over/under are used and what each means. Each of these terms may be called by another name. The rotation number if often referred to as the number or the rotation mark, moneyline becomes line, point spread is called the spread, and over/under becomes the total. When you come down to it, these are the major terms that can be lumped under the heading 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.
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