Although the potential payouts look tempting - many sports bettors have dreamt of cashing in nearly $10,000 by nailing a $10, 10-teamer at 850/1 - they are a bad bet because they are difficult to hit and do not pay anywhere near true odds. This is how the sportsbooks make a lot of their money. For instance, let's say you want to bet a two-team parlay. For two games, there are four different possible combinations of outcomes, thus the true odds are 4/1. However, the sportsbook is only going to pay you 2.6/1 for your efforts, thus giving them a "juice" or vigorish in their favor. However, if you only have $20 to your name for a football bankroll and really like two games, the two-teamer might be the way to go because you could win $52 for your $20 wager.

They do this by manipulating the lines to entice action where they need it. If they have too much action coming in on one team, they will adjust the lines to pay out less for that team to deter more bets. At the same time, they will adjust the line for the other team to pay out more to entice more action on that side. This dance continues until the game starts to try and get the correct amount of money on each side of the contest.
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.

For those of you who are looking to better your bettor abilities when it comes to the NBA, this is where you want to be. We’ve picked the brains of all of our experts and compiled the tips and strategies they say work the best for beating the books betting on the NBA. While just reading these strategies is not going to make you an expert, it will put you on the right road to becoming one.
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?
For beginners, the moneyline bet on an underdog is a great choice as it will allow bettors to win 50% of the bets and still earn a profit. Each of these bets have benefits and drawbacks. With moneylines, punter shave the appeal of betting on a winning side. This is a great choice for die-hard fans. Many people find it more appealing to bet on a winner of a game instead of betting on the end score of the game. Spread betting does offer some nice benefits. They are simple yes or no bets. Either the team covers the spread or they don’t. However, moneyline bets typically offer the chance to win more than is bet, so these are often the choice for many bettors online.
In this example the Jets are listed as four-point favorites (-4) over the Bills and the 49ers are three-point underdogs (+3) against the Seahawks. So, if you bet $110 on the favored Jets, they must defeat the Bills by more than four points in order to win $100. If you bet $110 on the underdog 49ers you will win $100 if they win outright or lose by less than the three-point spread. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back.
In most cases, the favorite will be the team with a negative moneyline (in some cases both teams can have a negative moneyline if they are both closely matched). A line of -160 means that you would have to bet $160 to win your base amount of $100. A team with a moneyline of -130 wouldn't be favored nearly as strongly as a team with a moneyline of -330.

The last types of bets that you should be aware of when betting on the NBA are proposition bets. A prop bet is a wager in which you bet on whether or not something is going to happen in a particular game. For example, will a certain player make more than four 3-pointers in a game? Which team will score first? Which team will win the opening tip-off? Will a certain team shoot over X % from the field? All of these are examples of prop bets that you can make on a particular NBA game.
Let's say you decide to bet $100 on Liverpool, and they lose the game by two goals. You would push on the first half of your bet and win the second half of your bet. You would receive your $50 back for the push and $43.48 in profit on your second bet. Basically, the sportsbook would hand you back $143.48 total, which would include $50 for the push, $50 for your original bet, and $43.48 for the push.
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.
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.
For years the sports handicappers at Maddux Sports have been making money for us and our clients betting the strongest sports picks on the Internet. Maddux Sports feels that in this industry the best sports handicappers can charge less for their picks than the big name scamdicappers. Maddux Sports makes its money from repeat sports bettors that know the value of their bankroll. Featured on:
A quick word on that annoying half point in the point spread – most lines you’ll come across will use half points, but it’s not standard practice across the board. When you see a line with a full number instead of a number with a half point, your wager could end up as a push. In our example, if the line were 7 instead of 7.5 and the final difference in points was exactly 7, your wager is returned to you, and neither you nor the book makes money.
When a betting line is listed, it will contain the moneyline and spread information. If there are two teams and there is a spread of +6 and -6, betting on the favorite, which is the – spread, the score must be greater than the underdog’s score to win. For example. The score between the Patriots and Bengals is 20 to 10. So, 20-4 is 14, which is greater than the 10 points earned by the underdog, so the bet will win.

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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.
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.
Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results. The payout for a parlay is greater than an individual wager on each player or game. Underdog moneyline parlays are becoming popular because the payouts can be very large. Moneyline parlays are becoming popular because of the perceived ease of choosing multiple favorites to win. Choosing one winner is difficult and multiple winners at the same time is even more difficult.
The house vigorish - and your chances of winning - get worse with the more teams you add. So while some sportsbooks will let you place a 15-teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one. You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers.
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.

Although the examples from above are in $100 increments, you don’t actually have to bet those exact amounts. That’s just how the odds are set up so that everyone is on the same page. With a quick glance at the numbers, you can tell who is the favorite, who is the underdog and what type of payout you can expect on each. You’re free to bet $5, $500 or whatever amount fits your budget. If you want to find out the specific betting limits for each option, browse through the betting sites rating guide in order to find the sportsbook that better fits your minimum and maximum limits.
The point spread is basically used to create a 50/50 betting proposition. In this example, the Celtics are theoretically just as likely to win by six points or more as the Grizzlies are to lose by less than six points. This is reflected in the odds, which are typically -110 on both sides of the wager. You have to risk $110 for the chance of winning $100.
You’ll see on the right-hand side of the teams a number with an “o” or a “u” before it. As you may have already gathered, the “o” stands for over and the “u” stands for under. Even though the over is on the Celtics line and the “u” is on the Mavericks line, it does not matter. They’re written that way for organizational sake and not because either bet is connected to either team. Remember, it only matters that the total score of the game is. One team can score all of the points, and you’ll still win your bet.
Before we go any further, we want to point out some of the reasons moneyline bets are so popular and are utilized so frequently by professionals worldwide. You should always understand the importance of something before you dedicate your time and effort into learning about it. Let’s take a look at the benefits of moneyline bets in your future winning sports betting strategy.
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.
The main goal for each sportsbook is to set the best line possible in order to create even action on both sides of the game. In a perfect world, the book would have 50 percent of the handle come in on the favorite and 50 percent of the action come in on the underdog. If this happens, the sportsbook would be guaranteed a profit because of the 10 percent vig they charge on most point spread wagers. When a book has serious one-sided action, they will attempt to counter that by moving the line in the direction that's taking the most money and try to entice bettors into betting on the other side.
If the Cowboys are 6-point favorites, their odds are -6. If the Giants are 6-point underdogs, their odds are +6. From the oddsmakers' perspective, the Giants are starting the game with a 6-0 lead, while from the Dallas side, the Cowboys are starting with a 0-6 deficit. If you bet on the Cowboys and they win 34-30, they failed to cover the spread by two points. If you bet on the Giants, they beat the spread by two points.

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.
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.
Typically hockey is not a popular sport when it comes to point-spread betting because most games are decided by only a goal or two. Sports like football and basketball are better for point-spread betting mainly because they are higher scoring sports. However, Proline does offer NHL point-spread betting and it can get confusing so let’s take a look at how it works.
For years the sports handicappers at Maddux Sports have been making money for us and our clients betting the strongest sports picks on the Internet. Maddux Sports feels that in this industry the best sports handicappers can charge less for their picks than the big name scamdicappers. Maddux Sports makes its money from repeat sports bettors that know the value of their bankroll. Featured on:
This is a very common occurrence throughout the sports betting industry. Sportsbooks have the right to shift the spread or odds for any given match prior to it starting. Many factors play a huge role in this decision, and they include injuries, weather, the volume of bets on one side, and anything in between. Depending on the time you place your wager, the bettor may also have an advantage or disadvantage based on which way the spread has shifted.
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.
All of this is exactly the same for betting on Southhampton except you use the spreads and odds payouts that are underneath their team. You can also bet on the tie in a lot of sports, especially soccer. In the above example, the spread points would be added to Southhampton for calculations. This means that if you bet +3, you would need Southhampton to lose by exactly three goals.
However, there are some good values with teaser bets if you know how and where to find them. For instance, the six-point teaser is an especially effective bet in the NFL, where most games are tightly contested and six points can make a world of difference. For instance, in our previous example, the Bears would go from laying six points to simply needing to win if you put them on a teaser bet. Conversely, Detroit backers could get 12 points instead of the starting six. (Source: Doc's Sports Service)
We've already mentioned how moneyline wagers give you more control over the risk versus reward element of betting. There are also other reasons why you might choose this type of wager over a points spread. If you fully understand how both of these wagers work, you'll find that there are games when a moneyline wager is the right option, and games when the point spread wager is the right option. There are no definitive rules about which one you should use and when, only a general principle that you should try to follow.
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.
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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.
When betting on the favorite, simply divide the negative moneyline by 100 to get a decimal. If you were planning to bet on the Celtics in the above example, this would give you 2.40 (ignore the negative). Now all you have to do is divide your stake by that number in order to see what your potential payouts would be. Let's say you wanted to stake $650. When you divide that number by 2.40, you'd see that your potential payout is $270.83.
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.
Actually handicapping games is far from simple though. Or, at least, handicapping them well is. There are all kinds of different factors that can affect the outcome of a game, and you need to take as many of them as possible into account. You also need to assess just how much of an impact those factors will have, and try to accurately evaluate just how likely a team is to win. For more advice on how to do this, please see the following article.
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 simplest way to think about a moneyline is to consider a base bet of $100. A moneyline is a number larger than 100, and it is either positive or negative. A line with a positive number means that the team is the underdog. If the line, for example, was +160 then you would make a profit of $160 if you were to bet $100. Obviously, then, the team is a bigger underdog the bigger the number is - a +260 team is perceived to be less likely to win than a +160 team.
Obviously, the first three letters on the top two lines of the three-line package of symbols represents a team in the game you’re wagering on; NYG stands for the New York Giants, while DAL stands for the Dallas Cowboys. The number next to each team’s name is known as the spread or the point spread. Wagers on the point spread are among the most popular sports wagers in the world. The reason this wager is popular is that it doesn’t matter which team wins or loses; what matters is the amount of points the teams score, and whether or not the team you place your money on beats the difference in points (the ‘spread’) or not.
We've already mentioned how moneyline wagers give you more control over the risk versus reward element of betting. There are also other reasons why you might choose this type of wager over a points spread. If you fully understand how both of these wagers work, you'll find that there are games when a moneyline wager is the right option, and games when the point spread wager is the right option. There are no definitive rules about which one you should use and when, only a general principle that you should try to follow.
Sports betting has been around since 1000 B.C in China, where betting on animal fights was commonplace. In ancient Rome, one could wager on the Gladiatorial games. The idea of betting on sports is as old as organized sport itself. But up until the 1940s, bettors were fairly limited in what kind of bets they could make. The standard system of odds would allow bets on, for example, the 3-1 odds that the Steelers would beat the Browns.
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