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.
A point spread in sports is a figure set by oddsmakers to provide an advantage or disadvantage based on the margin of victory or defeat for a given team. The “favorite” team (labeled with a “-” sign) would be at the disadvantage as they would need to win the game by a set number of points while the “underdog” team (labeled with a “+” sign) would be given an advantage to not lose the game by a set number of points. The reason oddsmakers do this is to provide betting interest for both sides due to one team typically being better than the other.
Here in this point spread example for the NFL, the Falcons are playing the Panthers. Atlanta has been set as a three-point favorite on the betting line. That means that for Atlanta to cover the spread that has been set, they will need to win by at least four points. And for Carolina to cover the point spread, they can do so with a loss by two points or less, or obviously a win straight up. If the Falcons win by exactly three points, the bet would result in a push with no payouts.
Oddsmakers want you to gamble on underdogs as well as favorites. They set points spreads that encourage balanced betting. They analyze the strengths and weaknesses of each team, factoring in won-loss record, strength of schedule, results against common foes, key injuries, recent performance and previous games between the teams. They also rate the value of home field advantage and consider the game day weather forecast where relevant. If they see heavy wagering on the favorite, they will increase the point spread during the week to spur more betting on the underdog. If more money is going on the underdog, the spread will decrease as game time nears.

You can also bet straight winners and losers -- with no point spreads involved -- with money line wagers. When there is a minus number you bet that amount to win $100 in profit. When there is a plus number, that is your winning profit for every $100 wagered. So if the Cowboys have a money line of -250, you would have to bet $250 on them to win $100 in profit on any Dallas victory. If the Giants had a money line of +150, you would win $150 in profit with a winning $100 bet. If a money line is posted as even, you would win a $100 profit on a $100 winning bet.


Betting on the point spread is completely different from betting on teams to win a game outright. Known as "betting on the moneyline", instead of using points to handicap each side of the wager, the sportsbook will use greater payouts versus the amount risked to reflect their relative perceptions; teams not expected to win (underdogs) pay more, sometimes exponentially, than when betting on the favorite to win when wagering on moneylines.
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.
Betting against the spread - In the sports betting industry the acronym ATS is used to label a team's record when betting against the spread. ATS records are a valuable tool in sports handicapping. A team may be playing great straight-up, winning a lot of games but at the same time they could have a dreadful ATS record because they are overvalued by the general public and the oddsmakers. And, conversely, a team could be losing a lot of games but playing in a lot of close games as underdogs and have a good ATS record going.
In this baseball matchup, the St. Louis Cardinals are the moneyline favorite. For the bettor to win $100, he will need to wager $150, risking $150 to win $100. If the Patriots lose, the bettor will lose his original stake of $150. The Pittsburgh Pirates are the moneyline underdog in this matchup. A $100 dollar wager will win the bettor $140, risking $100 to win $140. Again, if the Pirates lose the bettor will lose his original stake of $100.
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.
Another form of futures betting involves the over/under on the number of games a particular team will win in the regular season. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. For example, the over/under on the Yankees may be 93 wins. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded.
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.
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.

This highlights a notable advantage of the moneyline wager. You get to control, to some extent, the risk versus reward. For example, you might be quite certain that the Cardinals are going to win this game, but not convinced that they're going to cover the spread. So a moneyline wager is the safe option. There's less money to be made, but less chance of losing. On the other hand, you might think that the Packers are going to cause an upset. Rather than betting on them to cover the spread, you can bet on them to win outright. There's less chance of winning such a wager, but the potential returns are much greater.
If you want to bet on football, then you have plenty of options. There are not only lots of games you can bet on, there are also lots of different types of wagers you can place. Point spreads and totals are the most popular types, by quite a distance, and many football bettors stick solely to those. This isn't really the ideal approach, as some of the other wagers can be very useful in the right circumstances.
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.
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.
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.
Anybody who wagers on the 49ers would need them to win by 7 points or more for a winning bet. Those betting on the Rams (+6.5) would need them to lose by 6 points or less (or win) for a winning wager. It's also worth mentioning that a half point is used in many point spreads (such as the -6.5/+6.5) to prevent pushes because no team can score half a point.
One of the main reasons that sports bettors like to bet is the action and excitement of winning and losing. Many sports bettors would rather take the risk of winning or losing than having the option of pushing (a tie) on their bets. For this reason, many sportsbooks offer what are called no draw handicap match bets. These are bets on an individual match that are designed so that there is never going to be a tie. In the standard handicap bet examples we used above, you saw that all of the bet options were in whole numbers. This allows for there to be draws.

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).
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.
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.

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.
Another form of futures betting involves the over/under on the number of games a particular team will win in the regular season. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. For example, the over/under on the Yankees may be 93 wins. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded.
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