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.
Without losing you with the math, the implied probability (or how often you should win) of a +250 bet is 28.6%. This means that you should win this bet 28.6 out of 100 times. This is what the sportsbook thinks will happen. You, however, think it should be +125. The implied probability of that is 44.4% meaning that you think you should win the bet about 44.4 out of 100 times.
The reason why you will typically see a (-110) line next to a point spread is simple. This is the commision in which the sportsbooks charge for you to place your wager. This is how the casino makes their money. Think of it as a commission. You make a bet, they charge 10% for you to do so. Bookmakers call this “Vigorous or Vig” it’s also known as the “Joice”
All point spreads are set by the pool administrator. NOTE: The administrator has the power to change the point spreads at any time up until 15 minutes before the start of the first game, so make sure you know when the administrator will make the final changes. For your own information you should also find out where the administrator is getting their point spreads.
Parlays - these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner.
If bettors were quick to jump on the Atlanta line at +4.5 when it first came out, they would have a distinct advantage over those who waited closer to kick off and were stuck with +2.5. The opposite holds true for Carolina. Bettors that were quick to pull the trigger are now laying two more points than they would if they were patient and saw the line movement before making their move.
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. 

If you're just getting started with NFL betting, the most important thing you need to do is learn how the lines work. But this is easier said than done because NFL lines can seem like learning Greek to new bettors. Fortunately, learning football betting lines won't take you nearly as long to master as the Greek language. In fact, you should have a good understanding of the matter just by looking at the following information on how NFL betting lines work.
Parlays - these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner.
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?

Something that all of our pro bettors on staff preach is that there is no reason to make anything more complicated than it needs to be. Specifically, they are referring to the awful trend of aspiring sports bettors thinking that you must make more complex bets in order to make a living betting sports. The reason we say it’s an awful trend is because this couldn’t be further from the truth.
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.
What does this mean for how you win a point spread bet? Glad you asked. To win a point spread bet, you pick the team that you think is going to "win" after the point spread differences are calculated in. Let's look at an example that will make this clearer. In the above chart, we see that you can bet the San Diego Chargers at -3. This means, as we already stated, that the sportsbook thinks the Chargers are the favorites and that they are going to win by three points. Here are three potential scores of the game:
One way to make money from sports betting is to open an account at an online betting site and take advantage of their sign up bonus. This gives you extra money to wager with, and since point spreads are so straightforward, it can be relatively easy to meet the associated wagering requirements and still come out ahead. Repeating this process at multiple betting sites will maximize your potential returns! We just ask that you please stick with reputable sites, like any of the ones that we recommend.
A good rule of thumb with sports betting is that the sportsbook is going to put more time, effort, and resources into setting their lines on the sports and leagues that have the most action. This is a completely smart move on their part as it's where they stand to lose the most money if they make a mistake. What this means is that the smaller sports and leagues are much more likely to have bad lines or lines that don't respond as quickly to trends as they should. Regarding basketball, this means you may have more luck looking into college basketball or even the smaller European leagues. If you do choose to go this route, make sure that you do all of your homework and are not just jumping into a new league blind. College basketball and Euro league betting are NOT the same as NBA betting even though they are the same sport. This does not mean you can't bet the NBA and that you won't find great lines; it just means that the bad lines are more likely to be corrected quicker as the sharp bettors will jump all over them, and the sportsbook will adjust.

How the point spread works - When two teams meet on the playing field or on the basketball court, one team is typically better than the other or in a more favorable position because of factors like playing at home. If all you had to do were pick the winning team in a game, everybody would simply wager on the best team or the home team in a even matchup and bypass all the lines and collect their winnings at a high rate.
For those who are just starting to place sports wagers online, moneylines can be a bit confusing and overwhelming. They differ from point spreads, which are more concerned with the winner and by how much they win. With moneylines, the winning bet will be based on who wins and that is it. These types of bets are usually placed when betting on low-scoring games such as hockey or baseball, but they can also be an option with boxing and some mixed martial arts. The key to understanding moneyline betting is learning how to read the lines. Bettors will usually see a + and a – amount after the listed teams. The – indicates the favoured team. Let’s say there is a moneyline of +120 and -130. The -130 is the favoured team and will cost $130 in bets to collect $100 on a win. If punters choose to bet the underdog at +120, they will bet $100 and will win $120. Basically, one will have to wager more on the favoured team to come out ahead.
Buying points: Changing the point spread in order to favor your chances of winning. The odds here are proportionally lowered. Buying points allows the option of moving the point-spread on totals in your favor when betting on football or basketball (college and pro). You’re able to move the line up to 2 points. For every ½ point you want to buy, you must risk 10% (10 cents) in extra juice (except when buying on/off of a 3 in NFL).

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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.
One important assumption is that to be credited with a win, either team only needs to win by the minimum of the rules of the game, without regard to the margin of victory. This implies that teams in a winning position will not necessarily try to extend their margin—and more importantly, each team is only playing to win rather than to beat the point spread. This assumption does not necessarily hold in all situations. For example, at the end of a season, the total points scored by a team can affect future events such as playoff seeding and positioning for the amateur draft, and teams may "run up" the score in such situations. In virtually all sports, players and other on-field contributors are forbidden from being involved in sports betting and thus have no incentive to consider the point spread during play; any attempt to manipulate the outcome of a game for gambling purposes would be considered match fixing, and the penalty is typically a lifetime banishment from the sport, such is the lack of tolerance for gambling in sport.
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.
You may have noticed that we said earlier that it’s the amount of money bet on each side that is important to the sportsbook and not the number of bets. This is an important distinction to understand. If 100 people bet $10 on Team A, and then one person bets $10,000 on Team B, the line is going to shift to attract action onto Team A. Even though more people bet on Team A, more actual money came in on Team B.
Piggybacking on the simplicity of moneyline bets is the ease with which you can properly assess value. Now, you’ll notice that it doesn’t say “Easy to Find Value,” and that is because it’s never easy to find value in sports betting. If it were easy, everyone would be doing it for a living. What it says, though, is that it is easier to find value with moneyline bets because of the simplicity.
The only real downside to betting basketball point spreads is that the sportsbook charges a vig. While this is a downside, it is to be expected and is no different from placing any other sports bet. Obviously, the sportsbook has to make money somehow because they have to pay employees, pay for their servers or equipment, and pay for their customer service to keep you happy. This really isn't a negative about point spread bets, but just something that you should be aware of.

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.

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.


If you’re betting in a brick-and-mortar sportsbook, though, you’re going to have to figure this information out yourself. The book will print on your ticket how much you stand to win, but they aren’t going to let you come up and ask a million times what the payout is going to be. You’ll need to calculate it yourself (or head online to place your bets).

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.
When wagering on a driver matchup, both drivers involved must start the race (cross the finish line) otherwise the wager is "No Action" and the money is refunded. In a case where the starting driver is replaced during the race with another driver from the same team (same car), the position the new driver finishes in will be awarded to the original driver. This holds for wagering on win odds and driver matchups.
Understand that negative odds indicate how much money your must spend to make $100. When betting on the favorite, you take less risk, and thus earn less. When betting on a favorite, the moneyline is the amount of money you need to spend to make $100 profit. In the previous example, in order to make $100 of profit betting for the Cowboys, you would need to spend $135. Like positive odds, you earn back your bet when winning.
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.
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.
To show how this can be exploited, take a point spread of -8.5 at odds of -110. This is a 50/50 proposition. Let's assume you've purchased enough points to move the spread to -6.5 at odds of -150. Now, you'd win instead of lose 6.24% of the time they win by 8, and 6.59% of the time they win by 7. Add these together with the 50% from the original proposition, and we get 62.83%.

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.
Proline will set a point spread for each game of either -0.5 / +.05, -1.0 / +1.0, or -1.5 / +1.5. If you choose -0.5 the team must win by 1 goal or more to win your wager. If you choose +0.5 your team must win or tie the game. Note that OLG Proline includes the shoot-out for point spreads so there are never any ties for the -0.5 / +0.5 spreads.  If you choose the -1.0 spread your team must win by 2 or more goals to win the bet. If they win by 1 goal exactly it is a push. If you choose the +1.0 spread your team must win the game by 1 or more goals. If they lose by 1 goal it is a push. If you choose the -1.5 spread your team must win by 2 or more goals. If you choose the +1.5 spread your team must win the game, tie, or lose by 1 goal to win the bet.
The number that follows the plus or minus sign will indicate how big of a favorite or an underdog the team is. The larger the number is, the bigger the favorite or the underdog the team is. For example, a team that is -300 is a bigger favorite than a team that is -150. A team that is +240 is a bigger underdog than a team that is +130. Remember, this is not the sportsbook’s actual prediction on who they think will win; it’s in relation to the money that has been bet on the game. It is more depictive of who the betting public thinks is going to win the game.
This may sound confusing, but spread betting is one of the easiest forms of sports betting offered. It also offers better odds when betting on the favorite team and the normal odds are 10/11 or -110. When one chooses to bet on the underdog that team does not have to win, they just have to cover the spread. Spread betting is pretty simple and it allows punters to enjoy an exciting form of betting that can lead to some significant wins.
You've probably noticed by now that in the first game there are no odds posted in parenthesis to the right of each team. This means that the sportsbook is paying out both bets at the standard odds for a point spread bet of -110. Some sportsbooks will write the -110 in, and some will just leave it blank assuming that you know they will be paying out at the standard odds rate.
In North American sports betting many of these wagers would be classified as over-under (or, more commonly today, total) bets rather than spread bets. However, these are for one side or another of a total only, and do not increase the amount won or lost as the actual moves away from the bookmaker's prediction. Instead, over-under or total bets are handled much like point-spread bets on a team, with the usual 10/11 (4.55%) commission applied. Many Nevada sports books allow these bets in parlays, just like team point spread bets. This makes it possible to bet, for instance, team A and the over, and be paid if both team A "covers" the point spread and the total score is higher than the book's prediction. (Such parlays usually pay off at odds of 13:5 with no commission charge, just as a standard two-team parlay would.)
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