So to solve the first fraction for the Heat, we do 13 divided by 20 and get 0.65. Let’s look at our calculations for the $10 bet and the $250 bet. If we bet $10, we multiply our solved fraction of 0.65 by $10 and get $6.50. This is our correct profit! If we bet $250, we multiply our solved fraction of 0.65 by $250 and get $162.50. This is out correct profit!
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.

Betting against the spread or ATS, as it's known in the sports betting industry, is among the toughest bets to turn a profit in over the long run. When looking at a team's record, the only thing that matters to them is winning the game outright and moving up in the regular-season standings. Teams like Golden State or the New England Patriots are generally always among the best teams in the league (straight up) but are typically a bad bet to make ATS. The reason for this is because the better the team is, the more public attention they draw and the higher the point spread is. Sportsbook know which teams the public darlings are and as such inflate the spreads in order to take advantage of how overvalued the public makes them. A team like the Patriots could go 14-2 every season but they could be a dismal 7-9 or 6-10 against the spread because they are laying more than 10 points in every game.


But what if the basement-dweller team was spotted 24 points? That's the concept behind the point spread. When two teams meet on the football field or a basketball court, one team is typically better than the other. If all bettors had to do was to pick the winning team, everybody would simply wager on the best team and collect their money. Gambling institutions, sportsbooks, and bookies would soon go broke. 
Having set the point spread, this is the point where the gambling public can influence the line. You might have noticed that a line five days before a game might look very different to the line an hour before the kickoff. Barring some major line-up changes due to injuries or suspensions, the line will most likely be moved by weight of money. If the majority of money is coming in on one side of the point spread, the book will move the line to make the bet a little less attractive, which will help them level the book up somewhat.

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.


If you’d prefer to simplify things and only bet on whether a team wins or not, moneyline bets are going to be more of your style. A moneyline bet is a wager on which team wins the game. If the team you bet on wins, you win. If they lose, you lose. As we’ve stated earlier, the sportsbooks must do something to ensure they get as close to an even amount of money on both sides of a bet. With spread bets, they alter the number of points a team must win or lose by.
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.
In this game between the Boston Celtics and the Dallas Mavericks, you’re given the option to bet on either team. Going into this game, you know that Mavericks are favored to win. If the sportsbook didn’t adjust something (the line or the payouts), everyone would bet on the Mavericks, and no bets would come in on the Celtics. If the Mavericks were to win, the sportsbook would be out of money and have to shut their doors.
Let's use our example from earlier, but this time let's say you think that Florida will cover the -7 spread. Should you place this bet? Maybe. Yes, this is good value bet and one that you should bet, but maybe not right away. Let's say you think the public is improperly going to dump a lot of money onto Arkansas. If this happens and you wait to place your bet, the line might move in your favor. By waiting, you may be able to get Florida at -6.5 to win. This means that if you bet right away, you would only tie if they won by seven points. By waiting, you will win your bet now if Florida wins the game by seven points.
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.
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.
82 games per year means a lot of opportunities to wager on your favorite teams and Sportsbetting.ag sees that opportunity and gives you what you want to bet on. Sometimes this means having spreads for big games a day or two in advance, especially if both teams are off the day before the big matchup. They take care of their NBA bettors... give them a shot.
According to an article in The Times dated 10 April 2009, approximately 30,000 spread bet accounts were opened in the previous year, and that the largest study of gambling in the UK on behalf of the Gambling Commission found that serious problems developed in almost 15% of spread betters compared to 1% of other gambling.[7] A report from Cass Business School found that only 1 in 5 gamblers ends up a winner.[8] As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading.[9] Evidence from spread betting firms themselves actually put this closer to being 1 in 10 traders as being profitable, with a high number of clients suffering from the volatility that is supposed to be one of the benefits of spread betting.[citation needed]
For example, imagine a game where the odds were -550 for the favorite and +450 for the underdog. A bettor shopping around for lines might be delighted to see the same favorite offered at -490 and enthusiastically back the team at those odds simply because those are the best odds available. However, if we removed the vig from -550 and +450, we'd see that the fair odds are actually -466 and +466. So, placing a wager at odds of -490 doesn't actually offer any value.

Our recommendation is to take these strategies, understand why they work, and integrate them into your personal betting strategy. If you couple all of that with some good solid research and some hard work, you’ll be on the right road to profit. NBA betting isn’t easy, but it’s certainly beatable. With the tools we’re providing you here, you should know exactly what you need to do to get to the next level.
The second number in our example (-110 for both teams) tells you how much you have to wager in order to win $100. It’s an easy way to calculate how much you’ll win if your bet pays off, presented in units of $100 at a time for simplicity’s sake. Most of the time, these two numbers will be the same, because oddsmakers want to set lines so that they get as much action on the underdog as on the favorite, guaranteeing them a profit. If a book gets a single bet of $110 (by a customer hoping to win $100) on the Cowboys and a single bet of $110 on the Giants, it will have taken in $220, but will only have to pay back $210 to whichever customer wins the bet. That’s a guaranteed profit of $10, and since sportsbooks take far more than a single bet in either direction, they stand to earn that seemingly small amount of profit many times over. The $10 difference between what you wager and what you win is known as juice or vig in the sports betting industry, and it’s the way books earn their bread and butter.
That’s easy to understand because of the payouts. If a team is heavily favored, that means they’re perceived as having a better chance of winning. If that’s the case, then you would win less money betting on them. The opposite is true for the underdog: they’re deemed as having a smaller chance of winning, which means you would get a bigger payout if you bet on them (and they won).
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.

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.
Before actually betting or creating your draft for your fantasy football team, it’s best to take time to study the methods well and find a credible website that would give you the best forecast for NCAA Football Odds. The key to a higher probability in winning is to be able to use all the odds in correlation to each other. Once you understand how NCAA Football Odds computed, you’re on the right track to achieving your goal.
NFL games are popular moneyline games because the specific outcomes can sometimes be difficult to predict for casual players.  Moneyline games are also profitable when they win, which is one reason why the NFL is a favorite among sports gamblers.  An example of a money line is: New York Giants (-120) vs. New Orleans Saints (+130).  In this game, a bet of $120 on the Giants is necessary to win $100, while a bet of $100 would win $130 in the case of a Saints win.  The team with the minus sign is the favorite and indicates how much a player must put down in order to win $100.  The team with the plus sign is the underdog and indicates how much a player would win for a bet of $100.
This is a huge difference. The potential profit on the moneyline wager ($143) is over 40% greater than that of the point spread wager ($100). You're a little less likely to win, as there is a chance that Seattle would lose by one or two points, but there's a more than fair chance that if they did cover they would actually win the match. And, of course, if they lost by three or more then you'd have lost either way.
The sportsbook is not going to have props conveniently labeled as “skilled NBA props” and “gamble, gamble props,” so it’s up to you to use your common sense to decide which bets you should be getting involved with and which you should be avoiding. Remember, unskilled entertainment prop bets are not bad as long as you know that they can’t be beaten long-term unless through sheer dumb luck.
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).
Moneylines have a tendency to move quite a bit in both directions leading up to a game, match, or fight. It’s a delicate dance that you’re going to have to master if you want to find value and push your edges to the max. Sports betting is a profit source that is all about small edges. Finding and being able to capitalize on these small edges is the key to being profitable long-term.
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.

We do want to make sure to point out that this is total money returned and not your profit. We went over the difference above when discussing the American odds. Let’s take a look at the same bet again, but this time with decimal odds. We should be expecting to see a profit of $33.33 for an Eagles bet and $240 for a Falcons bet since we know that the bets are the exact same and are just presented in a different format.

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.

For each NFL game the oddsmakers set a number of points in which the favored team is favored by. Bettors can then either choose for the favored team to win by more than the number of points set, or bet on the underdogs to lose by less than the number of points they are underdogs by or win the game straight up. For example, the spread could be set on the favored team at 6.5 points. This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6 or less) or won the game outright.

Another way to beat football point spreads is to shop for off market prices. For example, let's say you're shopping online betting sites and see every site is offering Vikings +7.0. Then, you stumble upon one site that's offering +7.5. There's a good chance that this is a +EV wager, simply because it is out of sync with every other site. Please note that this strategy isn't quite the same as simply shopping for the best lines. Here, you're specifically looking for wagers that are +EV because they're against the market.


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.
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.
--Fractional odds are most commonly found in racing. A 10/1 payout should be read "$10 paid for every $1 wagered." When the bigger number is on the left, you will find that bet is normally an underdog in the race. Also note, however, that in case such as "Who will win the Super Bowl in the NFL?" you will see all the teams listed as "underdogs"… i.e. paying at least 2/1 (some up to 300/1 or more).
Bookmaker's interest - In order to guarantee a profit for the house, a bookie needs to create even action on both sides of a particular game. In a perfect world the bookie would have 50 percent of the handle come in on the underdog and 50 percent on the favorite. This ensures that the sports books are guaranteed a profit because of the 10 percent commission or "vigorish" charged on most sports wagers. This is why there is "movement" on the point spread. If one side on a game is being bet more heavily, the bookie must move the number in order to attract interest on the other side in order to balance action.

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 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.
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.
We’ve already covered that a moneyline bet is easy to make and is the most popular type of sports bet for beginners and for professional bettors. Now let’s talk about exactly what it is. A moneyline bet is a sports betting wager on which team or person will win a game or sporting contest. Simple as that. When you make a moneyline wager, you are betting on who will win a contest. It doesn’t matter how they win, by how many points, goals, or runs they win, or how long it takes them to win. All that matters to win a moneyline bet is that the team or person you bet on is victorious.
In this guide, we’re going to teach you literally everything you’ve ever wanted to know about moneyline bets and then a whole lot more. Whether you are a beginner or a seasoned bettor, we’ve got something here for you. We’ll walk you through the basics of what a moneyline bet is, why you would want to make one, and how to interpret the different numbers, payouts, and presentation formats you’ll see.
Spread betting has moved outside the ambit of sport and financial markets (that is, those dealing solely with share, bonds and derivatives), to cover a wide range of markets, such as house prices.[5] By paying attention to the external factors, such as weather and time of day, those who are betting using a point spread can be better prepared when it comes to obtaining a favorable outcome. Additionally, by avoiding the favourite-longshot bias, where the expected returns on bets placed at shorter odds exceed that of bets placed at the longer odds, and not betting with one’s favorite team, but rather with the team that has been shown to be better when playing in a specific weather condition and time of day, the possibility of arriving at a positive outcome is increased.
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