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:
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.
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.
Sportsbooks will use a variety of methods to set their line on a game. Some firms will use computer simulations, some will use a form of power ratings, some will use an experienced team to set the line – some may even use a combination of all three. Other books may even wait to see where their rivals set their lines before dipping their toe in the water themselves.
From time to time, DraftKings might decide to publish offerings referring either to the single performance of a participant or team; or offerings which combine the potential outcomes of 2 or more participants at higher odds than those normally available, also known as ‘Bet of the Day’. DraftKings reserves the right to withdraw such offers, edit the respective odds, and effect any further changes that might deem necessary at its sole discretion.
In cases when there is a point spread and moneyline offered on an event, such as an NFL football game, many bettors will place a wager on the moneyline and point spread of an underdog they feel has a chance to pull the upset. They will safely bet the point spread because they feel the game will be close, but will also put themselves in line for a nice payday if the underdog wins straight-up.
One of the most basic concepts when it comes to betting on sports, especially football and basketball is the pointspread. Even people that do not bet on sports understand what it means when they read or hear that New England is a seven-point favorite against Miami. While reading a pointspread and understanding what they mean is a very basic sports betting concept, there is still more to these numbers than meets the eye.
Linemakers who work for the sportsbooks must put out lines that will entice the "favorite" bettors to lay the points and take the favorite or entice the underdog bettors to take the points with the underdog. Because each sportsbook is operated under their own rules, guidelines and stipulations, they are free to put out whatever line they feel is competitive and charge whatever vig they want to based on how much action that specific line is taking.
We already know that the only thing that causes the moneyline to shift are the bets that are coming in. However, we should talk about what factors will cause the betting patterns of the public to change, and in turn, cause the moneylines to move. This will go hand in hand with the following betting strategy section. If you can master predicting when and how lines are going to move, you will crush sports betting and moneyline betting.
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.
If an intentional foul causes an injury and the injury results in the fight being stopped in a later round: (i) the injured boxer will be deemed to have won by technical decision if he is ahead on the scorecards and (ii) the fight will result in a 'technical draw' if the injured boxer is behind or even on the scorecards (and, for settlement purposes, the result of the fight will be deemed to be a draw).
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.
Let’s say that a ton of bets pour in on the Mavericks. In order to encourage more bets on the Celtics and even things out, they might move the line to 5 ½. This means that a bet on the Mavericks would now win only if they won by more than 5 ½ points instead of 4 ½. This would discourage more people from betting on the Mavericks, as they would have to perform much better to get you the victory.
To counteract this, the sportsbook decides by how many points they think the Mavericks will win. In this case, they think the Mavericks should win by 4 ½ points. On the same token, they think the Celtics should lose the game by 4 ½ points. 4 ½ points is known as the line or the spread. If you bet on the Mavericks with a spread bet, they have to win by MORE than 4 ½ points for you to win your bet. If they win by 5 points, you win. If they win by 20 points, you win. If they win by 4 points, you lose.
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.
Unless otherwise stated all handicaps listed on DraftKings site are to be calculated based on the result from the start of the listed period to the end of the specified period. It is however customary that for certain handicap odds in specific sports (Asian Handicap in Soccer), only the outcomes obtained from the time of bet placement until the end of the listed timeframe will be taken into consideration, thus disregarding any points scored before the time the bet was placed and accepted. Any odds with these characteristics will be clearly displayed on site and highlighted in the user’s Bet History with the score at the time of bet placement.
When you bet on the money line, you are betting on one side to simply win. Any time you see a money line, the minus sign (-) indicates the favorite while the plus sign (+) indicates the underdog. For example: Chicago Bears –240 vs. Minnesota Vikings +210. Using $100 as the base, it will take $240 wagered on the Chicago Bears to win $100. For a bettor wagering on the underdog Minnesota Vikings in this scenario, $100 will win $210. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.
Hopefully, by now you are an absolute expert on point spread and handicap bet types. If you're still confused on anything, take your time and reread through the examples we posted and it should slowly become clearer to you. Sometimes the math can be a bit confusing to people, so take your time. If you are ever confused with a bet, you are making online or at a casino, just ask support of the agent for help to clarify. They will be more than happy to assist you in making sure you've bet on exactly what it is that you want to bet on. Don't worry, no one will laugh at you or give you a hard time because you are confused. We all were new to this one day, and they are specifically paid to help new bettors like you understand everything and have a much better betting experience.
Financial spread betting is a way to speculate on financial markets in the same way as trading a number of derivatives. In particular, the financial derivative Contract for difference (CFD) mirrors the spread bet in many ways. In fact, a number of financial derivative trading companies offer both financial spread bets and CFDs in parallel using the same trading platform.
The key to successful betting lies in quality and not quantity. Your overall chances of winning are much greater if you pick your spots carefully, and only bet when you find real value. There isn't a huge number of NFL games each week, but there's enough that it's simply not realistic to think you can handicap them all. And if you're also betting on college games then this is even more of an issue.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.