"Point Spread" or "Handicap" odds are when it is possible to bet on whether the chosen outcome will be victorious once the listed handicap is added or subtracted to the game to which the bet refers to. In the circumstances where the result after the adjustment of the handicap line is exactly equal to the betting line, then all bets on this offer will be declared void. Example: a bet on -3.0 points will be declared void if the team chosen wins the match by exactly 3 goals difference. Any reference in this section to the term "margin" is intended to be understood as the outcome emerging from the subtraction of the points scored by the 2 opponents.
These are the handicap bets that we have already talked about. These are your straightforward bets that pay out according to the spread and odds posted. Draws are treated as a loss with this format. If you just scrolled to this section first, scroll up and read the general section about handicap bets because this type is addressed extensively with some great examples there.

By this point, you should be feeling pretty well versed in all things NBA betting. We’ve walked you through how to use our free expert picks, where to place your bets, the strategies you need that are specific to the NBA, and the different types of bets you have at your disposal. Whether or not you become a successful NBA sports bettor now is up to you. If you study this material, do your research, and put in some hard work, you can be on the road to crushing the books in no time. We wish you the best of luck and are always here if you ever need any additional help.
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Spreads are frequently, though not always, specified in half-point fractions to eliminate the possibility of a tie, known as a push. In the event of a push, the game is considered no action, and no money is won or lost. However, this is not a desirable outcome for the sports book, as they are forced to refund every bet, and although both the book and its bettors will be even, if the cost of overhead is taken into account, the book has actually lost money by taking bets on the event. Sports books are generally permitted to state "ties win" or "ties lose" to avoid the necessity of refunding every bet.
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.
If you are able to interpret NFL odds and know what the various terms mean, such as the rotation number, point spread, moneyline and over/under, you’ll have a basic understanding on what you are betting. Prior to wagering make sure you see our NFL odds page, which carries all the latest odds from the top online sportsbooks. Remember that the odds makers are attempting to even the out the bets on each game. The sports bettor has to analyze each game and the odds and make their bets accordingly in order to win cash.
Ideally, the lines I release will balance the action equally, so that the winners get paid out from the pockets of the losers and we take the vigorish. That’s an ideal that rarely happens – especially in sports without a pointspread, like NASCAR and golf. If Team A is getting too much action, I’ll move the line toward Team B to try to achieve that balance. My personal preference is to tweak the vig from –110 to –105 or +100 before taking the bigger step of moving the spread a half-point or more.
Placing a point spread bet means gambling on how much a team will win or lose by. In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7.5 points or more. The underdog, in our example that’s the New York Giants, will always be indicated with a plus sign. If you wager on the Cowboys on the point spread, America’s Team will have to win by at least 8 points for your wager to pay off. Should the Cowboys win by less than 8 points, your bet is lost.
When betting on the underdog, the first step is the same. Divide the positive moneyline by 100, which in the case of the Grizzlies in the above example would give you 2.10. Then, multiply your stake by that number to get your potential winnings. $450 multiplied by 2.10 is $945. Essentially, this means if you risked $450 on the Grizzlies, you would stand to win $945.
If you're seeing 15 or 25 instead of 15/1 or 25/1, you're seeing a decimal form of odds, as opposed to fractional. Multiplying your stake by decimal odds gives your total return, not your profit(which is total return -stake). To get to fractional from decimal, add 1. So 3/1 fractional = 4 decimal (just 4). 4/6 frac = (4/6+1) dec = 10/6 = 5/3, or 1.666, which is rounded to 1.67 by bookies. To go from decimal to fractional, subtract 1(which makes sense from profit = total return - stake) So 15 dec = 14/1 frac. 2.33... dec = 1.33/1, or 133/100.
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.
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Here’s an analogy. Remember when you played basketball growing up with your older brother or the older kid from down the street? It wasn’t fair if you played straight up, so they would spot you a few points to try and even things out. For example, let’s say you decided that you would play to 10 points. They might spot you 5 points in order to try and make things fairer.
What the sportsbook does to fix this is they "spot" the underdog team some points to make it fair. Obviously, these points aren't included in the actual score to determine who wins or loses the game, but they are calculated in to determine who "wins" the game in the sportsbook's eyes. If you ever played basketball as a kid against an older sibling or your dad, they would sometimes "spot" you some points to make it fairer. Let's say you were playing to 20 points, they might "spot" you 10 points to make it fairer. They would then have to score 20 points to win, but you would only have to score 10. This gives you a chance actually to win the game.
It is important to note the difference between spreads in sports wagering in the U.S. and sports spread betting in the UK. In the U.S. betting on the spread is effectively still a fixed risk bet on a line offered by the bookmaker with a known return if the gambler correctly bets with either the underdog or the favourite on the line offered and a known loss if the gambler incorrectly bets on the line. In the UK betting above or below the spread does not have a known final profits or loss, with these figures determined by the number of unit points the level of the final outcome ends up being either above or below the spread, multiplied by the stake chosen by the gambler.
"Winning Margin" (aka Result Betting) is where it is possible to bet on the final result of a game or event and select the correct ‘band’ of points between the winning team and losing team. For example, if you think the Patriots will win, but the game will be close, pick the New England Patriots 1-6 Points Winning Margin (where the Patriots winning by 1, 2, 3, 4, 5, or 6 points results in a winning selection).
We do want to make sure to point out that this is total money returned and not your profit. We went over the difference above when discussing the American odds. Let’s take a look at the same bet again, but this time with decimal odds. We should be expecting to see a profit of $33.33 for an Eagles bet and $240 for a Falcons bet since we know that the bets are the exact same and are just presented in a different format.

You can bet the money line option in every single sport that is offered up. It is the simplest form of betting and it is also the primary way to bet sports in which a point spread isn’t available (think hockey or baseball). Money line wagers are also available in football and basketball, but the point spread wager is much more popular. It is also used in tennis, golf, boxing, MMA, cricket, table tennis, and any other sport you can think of that has a winner at the end of the game.


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When wagering against the spread, you bet on the team that will cover the betting line, and not necessarily win the game. Obviously by taking the favorite, a bettor believes that team will not only win the game, but also win the game by a certain number of points to cover the betting line. But when wagering on the underdog, that team does not necessarily have to win the game to cover the line. For examples of point spreads and how those bets are won, please keep reading below where we explain betting odds for the spread in detail.
Conversely, in most other countries financial spread betting income is considered taxable. For example, the Australian Tax Office issued a decision in March 2010 saying "Yes, the gains from financial spread betting are assessable income under section 6-5 or section 15-15 of the ITAA 1997".[6] Similarly, any losses on the spread betting contracts are deductible. This has resulted in a much lower interest in financial spread betting in those countries.

On a moneyline bet of -300, you’ll need to win your bet 75% of the time just to break even. When your odds jump even higher to -400, you’ll need to win your bet 80% of the time to show a profit. You are risking a lot to win very little and even though a large favorite will win most of the time, when they do lose, you will find yourself out a lot of money. I try to stay away from large favorite moneylines, because the amount risked is very high and the payoff is low.
Moneyline bets will move the line based on the amount of money coming in on each side of the bet. It has nothing to do with who the sportsbook really thinks is going to win the game and everything to do with that delicate dance of getting the right money on both sides. For example, let’s say that the line for the Magic and Mavericks game is the following:
In our earlier example, the sportsbook would be devastated if 100% of the action came in on the Falcons. The book is not looking to gamble; they are looking for a sure thing. So, to try and entice more people to bet on the Bear Cubs and discourage people from betting on the Falcons, they will alter the payouts. They will make the amount you win for correctly selecting the Bear Cubs much larger and the amount that you win for correctly selecting the Falcons much smaller.
Reading sports betting lines becomes easier with practice and experience with different sporting events. What looks like a jumble of letters and numbers actually gives a lot of information in a tiny amount of space. Different sports have different types of wagers available, such as the run line in baseball or the puck line in hockey, both of which replace the money line found in our football example. The more experience you have watching and gambling on different sports, the faster you’ll be able to read betting lines.
The number-one key to success here (as it is with any type of sports bet) is understanding what value is and knowing when and how to take advantage of it. Value, in a nutshell, is finding sports bets that are paying you at a better rate than you think they should. If you place enough of these bets to overcome variance, you’re going to be a long-term winner.
Have you ever heard of moneyline betting? It's an American term that's traditionally associated with betting on the major US sports. These wagers are available in other parts of the world too, but they're typically referred to as win bets. The same principle applies though. When you correctly select which team will win a match, you'll get paid out at the relevant odds.
Settlement of bets which make reference to terms such as "decisive goal" will be settled based on the scorer of the goal that at the end of the match/tie,) proves to be the one that has produced an unassailable lead, following which any further goals would prove to be irrelevant towards the final outcome. For a bet to be settled as "YES", the listed player's team must be declared the winner of that particular match or progressing to the next round or winning the competition. Goals scored in Regular Time and Extra Time count but Penalty Shoot outs do not.
Two possibilities existed for Seahawks backers at this point – either the team would win the game by at least three points or not. There was no possibility for a push, thanks to the use of a half-point. It’s impossible to score a half-point in football, so thanks to the magic of rounding, there’s no room for a tie outcome. Those who backed the Patriots were looking at two possible outcomes, too – either New England would pull off the upset or they would lose by just a point or two. Both would turn out in a win.
In sports like football and basketball, the moneyline is considered as the secondary option next to point spreads. Points spreads are the way that most people get their action in on basketball betting and football betting because the payouts are near doubling your money and it’s a fun way to handicap the game. Betting the moneyline in those sports is less popular because you might have some big mismatches and then it becomes too challenging to have faith in the underdog winning outright or too costly to bet the favorite.

Point spread and handicap betting are one of the most popular forms of sports bets that you can place. The reason we say "one" of the most popular forms instead of "two" is that these bets are effectively the same thing. These bets are a lot of fun because they allow you to root for teams that you still think are going to lose. With point spread and handicap bets, the team you're betting on can lose the game, and you can still win your bet. In contrast, the team you are betting on can win the game, and you can still lose your bet. Now that we've thoroughly confused you let's build up your knowledge, so you're an expert on the bet type. This is like sports betting boot camp; we confuse you and break you down and then build you back up as a betting machine!


--Fractional odds are most commonly found in racing. A 10/1 payout should be read "$10 paid for every $1 wagered." When the bigger number is on the left, you will find that bet is normally an underdog in the race. Also note, however, that in case such as "Who will win the Super Bowl in the NFL?" you will see all the teams listed as "underdogs"… i.e. paying at least 2/1 (some up to 300/1 or more).
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 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.
Jeff Gordon has been reporting and writing since 1977. His most recent work has appeared on websites such as eHow, GolfLink, Ask Men, Open Sports, Fox Sports and MSN. He has previously written for publications such as "The Sporting News" and "The Hockey News." He graduated from the University of Missouri-Columbia School of Journalism in 1979 with a bachelor's degree.
The key here is to target the point spread five and seven, because these are virtually tied as the most common margins of victory. It's important to recognize that most betting sites are only willing to sell 2 or 3 half points for 10 cents each, after which point they start charging more. Some sites sell up to four half points at this price though.
Let us be clear before we go any further with this strategy tip. If there is value in a bet, go ahead and make it. What we want to talk about, though, are bets where you are risking an abnormally high amount of money to win a very small amount of money. While this is still technically profitable, you might not get enough opportunities to push through the variance and realize your value.
Money line bets are particularly attractive to square bettors when they are looking at underdogs. They see a nice high positive number and think that the payoff is significant enough to be worth the risk. Unfortunately, underdogs are underdogs for a reason, and it’s usually because they aren’t very good. However, when the right opportunity presents itself, a money line bet on an underdog can grow your bankroll quicker than betting favorites would.
‘Extra-Time’ wagers apply to 30 minutes of play according to the match officials, plus any added injury or stoppage time. However extra-time and penalty shoot-outs are not included. In ‘Extra-Time’ markets, wagers apply to the result during the extra-time period only. For the purposes of this market the score shall be deemed to be 0-0 at the start of the extra-time period.
Placing a point spread bet means gambling on how much a team will win or lose by. In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7.5 points or more. The underdog, in our example that’s the New York Giants, will always be indicated with a plus sign. If you wager on the Cowboys on the point spread, America’s Team will have to win by at least 8 points for your wager to pay off. Should the Cowboys win by less than 8 points, your bet is lost.
These bets are extremely popular and a lot of fun to make. They allow you to bet on teams that you want to root for, but you know they aren't going to win the game outright. It all comes down to betting on how you think the team will perform in regards to what the sportsbook thinks. If you can find teams that you think the sportsbook is undervaluing or overvaluing, you can make a lot of money by betting on your findings.

These bets are extremely popular and a lot of fun to make. They allow you to bet on teams that you want to root for, but you know they aren't going to win the game outright. It all comes down to betting on how you think the team will perform in regards to what the sportsbook thinks. If you can find teams that you think the sportsbook is undervaluing or overvaluing, you can make a lot of money by betting on your findings.

If you are betting on a sport where there are multiple entrants, like in a race or tournament, you may find that every entrant is paying out at favorite odds. This is because it’s much more challenging to pick a winner from a large field, and the sportsbook will be rewarding you for that. Just know that when you see the plus sign, you will be getting paid better than even money for a correct pick.
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.
There is no such thing as a half point in sports, but there is in sports betting!  The half point ensures that a side will win and that the match will not end in a push, where the spread equals the actual difference in points between the two teams.  In a push all bettors get their money back, which is no good for the oddsmaker!  Half points also give oddsmakers more control over lines, allowing them to set more specific values.
For example, let’s say you’re thinking about betting on something that is -3500. You are almost 100% sure that you’re going to win this bet. If you bet $100 on this bet, you’re going to see a profit of $2.86. Again, this might be worth it to you. An almost 3% return on a sure thing might be something that you’re interested in. However, if you’re looking to make any meaningful profit, you’re going to have to risk a lot of money. To win $100, you’re going to have to risk $3500.
On the other hand, underdog moneylines can be lucrative wagering opportunities. Upsets happen more often than some of us think and moneyline betting is a great way to take advantage. For example, for a moneyline wager of +250, a bettor will only need to win about 28% of the time to break even and for a +300 wager the bettor would only need to win 25% of the time to break even. If you can spot upsets even decently well, moneyline wagers on underdogs can be profitable bets.

The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. A bet on New York would mean that the Giants would have to either lose by 2.5 or less points (2 or less) or win the game outright in order for your bet to win.

The term moneylines can have two definitions: a type of bet and also the odds attached to certain bets. Starting with the type of bet, moneyline bets simply focus on the outright winner of a game. With point spreads, you have to consider a margin of victory. With totals, you’re looking at the combined score of the two sides involved in the game. But if you’re betting on the moneyline, your only focus is who will win the game outright. There is no tying; just winning or losing. But there is more to understanding the moneyline, including the odds and what they tell you. Read on below to get a better idea of how they work.

Here you can see that the Rams are +3.5, while the Cowboys are -3.5.  So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points.  If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright.  If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
Understanding how a moneyline wager pays isn’t simple but it’s not very complicated. That said, it might take running through a few examples before fully grasping the payouts. Moneylines for football and basketball games are often tied to the point spread. When a game has a large point spread it usually has a large moneyline. Both are separate bets but are shown together in a sports wagering app screen and in a brick and mortar sportsbook.
We’ll start by posting a question. If you think that one team will beat another team and you are almost certain of it, should you make that bet every single time? If you answered yes, then you really need to start learning this concept. What we neglected to tell you was that the team you wanted to bet on have odds of -2000. This means that for a $100 bet, you will get a profit of $5.
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.
Futures are wagers on long term events which generally won’t have a result for many weeks or even months. The most popular type of futureswager is placed on the outright market which basically means, who will win a league’s championship? FanDuel also offer many other markets outside of the championship, usually including divisional and conference wagering. The odds on futures change as the event gets closer and more is known about the teams. Very often odds will also be updated as the tournament or league progresses.
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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