We need to figure out how much profit we will get per dollar we are going to bet and then multiply that by how many dollars we are going to bet. If we divide the moneyline number by 100, it will tell us how much profit we will get for every $1 we bet. So, 145/100 = $1.45. For every $1 we wager, we will get paid $1.45 in profit for a correct prediction.
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.
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.
This is called line shopping and is an integral part of sports betting, especially with moneyline bets. Most good sports bettors will have accounts on lots of different sportsbooks so they can check the lines on every bet they are making. Whichever book has the best lines for them is where they’re going to place their bet. To be honest, with how easy it is to shop lines online, the only reason you wouldn’t is if you were too lazy and didn’t care enough about your bottom line.
If you were correct though but getting paid at the sportsbooks rate, you would lose the bet 55.6 times (-$5560) and win the bet 44.4 times (44.4 x $250 = $11,100). You would profit over $5,000 for betting on bets that you thought you were going to lose! This is finding value. Value bets are great as a part of a long term winning strategy and are the key to conquering the “simple” moneyline/win bets.
When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. When two unevenly matched teams played, the playing field was leveled by having the favorite give points (for example Chicago Bears –7) while the underdog got points (Minnesota Vikings +7). No matter which team the bettor took the bettor would always risk $110 to win $100. The extra $10 needed to win $100 is called the juice or the vig, it is basically the house’s or the bookie’s take. It’s 10-percent of the bet so it would take $33 to return $30 and $440 to return $400 etc. (winning bettors get the vig back).
Single day matchups are wagers on the complete 18-holes for that day. Holes played as part of a completion from the previous day's round, and playoff holes are not included in Single Day matchups. The full 18 holes will be considered in determining the outcome of the bet even if they are played on consecutive days. If both members of the matchup do not complete the full 18 holes, all bets are "No Action". If both players end the 18 holes in a tie, the bet is considered a "No Action" wager.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
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:
As you might guess, you’re mainly going to see American odds in American sportsbooks. The other two formats are much more prominent in Europe and Asia. If you’re betting online, most sportsbooks give you the ability to change all of the odds on the site into the format that you prefer. No format is different regarding payouts; it’s just a different way of presenting the information.
Shopping betting lines is one of the most important things you can do when betting point spreads in basketball. While the majority of sportsbooks will have the same line, it's fairly common that you can find lines that are a half or full point different. This can have a huge impact on your bottom line. If you don't think a half point or one full point makes that big of a difference, just ask anyone who has bet sports for a while. They will inform you that getting an extra half point is like winning the sports betting lottery.
One of the biggest mistakes that bettors make is trying to make a judgement on every single game that's taking place. This is especially true of those who only focus on the NFL. There aren't that many games each week, and bettors think they stand the best chance of making money if they can predict the outcomes in all of them. This is not an approach we recommend.
A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth market in the UK in recent years, with the number of gamblers heading towards one million.[1] Financial spread betting (see below) can carry a high level of risk if there is no "stop".[2] In the UK, spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission.[3]

Another thing to consider is popular winning margins, which are particularly applicable to football. Consider that many tight games may finish with either a three point or a seven point margin. If the point spread is around either of these marks, make every attempt to be the right side. For example, if you were to back a team that is either 2.5 or 3 point favorites, you’d want to back them at the 2.5 mark, as if they were to win by 3 you’d win as opposed to a push.
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.
Sports betting has become a popular pastime and with the offering of many online sportsbooks, punters from all over the world can engage in exciting betting action and can have amazing opportunities to collect payouts. There are many different types of bets that are supported at betting sites and most punters will be familiar with moneyline and spread bets. These are the two most popular betting options for experienced punters, so they are options at just about every operating sportsbook.
Betting on sporting events has long been the most popular form of spread betting. Whilst most bets the casino offers to players have a built in house edge, betting on the spread offers an opportunity for the astute gambler. When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or -110. That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet. If team A is playing team B, the casino is not concerned with who wins the game; they are only concerned with taking an equal amount of money of both sides. For example, if one player takes team A and the other takes team B and each wager $110 to win $100, it doesn’t matter what team wins; the casino makes money. They take $100 of the $110 from the losing bet and pay the winner, keeping the extra $10 for themselves. This is the house edge. The goal of the casino is to set a line that encourages an equal amount of action on both sides, thereby guaranteeing a profit. This also explains how money can be made by the astute gambler. If casinos set lines to encourage an equal amount of money on both sides, it sets them based on the public perception of the team, not necessarily the real strength of the teams. Many things can affect public perception, which moves the line away from what the real line should be. This gap between the Vegas line, the real line, and differences between other sports books betting lines and spreads is where value can be found.
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.
If your sports betting experience consists mostly of office pools during March Madness or a casual wager between you and a friend while you watch the Super Bowl, the transition to serious sports betting means learning how to read betting lines. The biggest difference between making the kind of casual bets mentioned above and placing wagers with online sportsbooks or at brick-and-mortar bookshops is the use of sports betting lines. Casual wagers usually involve each person in the bet picking one team to win, then wagering an equal amount, say $20 or $30. Professional bookmakers, online sports betting exchanges, and sports betting facilities in casinos have a more complex system for offering wagers on sporting events, in part to ensure profit on the part of the book, and in part to present a standardized representation of odds.
This is called line shopping and is an integral part of sports betting, especially with moneyline bets. Most good sports bettors will have accounts on lots of different sportsbooks so they can check the lines on every bet they are making. Whichever book has the best lines for them is where they’re going to place their bet. To be honest, with how easy it is to shop lines online, the only reason you wouldn’t is if you were too lazy and didn’t care enough about your bottom line.

Almost all point spread wagers are paid out at moneyline odds of -110. This is almost even money minus the percentage that is taken for the sportsbook's cut known as the vig. Sometimes you will see a bit of variation in the payout odds, but for the most part, you should expect to see -110. If you don't see the payout numbers posted but just the point spread, you can most likely assume that you are to interpret that as being paid out at -110. If you're ever curious, though, just ask for clarification or look at your betting slip.


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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