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!

If you want to predict what will happen when Team A meets Team B, your best stats to analyze are those generated in their most recent head-to-head matchups at the same venue. The habits of the betting public are fairly constant, so ATS results in general have a longer shelf life, but don’t bother going too far back in time. The 2009 New York Yankees are going to look a lot different than the 2008 Yankees or the 2000 Yankees. (Source: The Sports Bookie Blog)

This is different from a moneyline, where payouts can vary greatly because there is not point spread that is installed. It is simply picking the winner straight up. Therefore, a bet on the favorite would not profit as high as it would betting the spread since no points are given. Payouts on the point spread are not always the same, but they do not vary like a moneyline.
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.

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.


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.
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.
It is a pretty simple concept once you get the hang of it, and you will also start to see profitable opportunities in football and hoops where wagering on the moneyline makes more sense than betting the point spread. If you really like an 8-point underdog in the NFL and think they will win, you can take the 8 points and hope they cover the spread. Or you can check out the moneyline option where they might be +280 and make more money betting them to win ($280) than on the point spread ($100).
As you can see, the public seems to think that Florida is going to win this game by more than seven points. If the game started now, the sportsbook would stand to lose a lot of money if Florida did in fact win by more than seven points. They would stand to make a lot of money if Florida lost or won by less than seven points. Regardless of how the sportsbook thinks the game will go, they are not in the business of gambling. They want to guarantee profit as often as they can.
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.
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.

Since draws are more common in soccer, most soccer markets offer 3-way spreads. When making a Soccer Spread wager, the team you wager on must cover/beat the goal spread. This means that the favored team must win by more than the outlined number of goals or the underdog will receive that number of goals as a head start. If you wager on the spread draw, you are wagering that the game will end in a draw when the spread value is applied to home team. (The team displayed first)
It’s common knowledge among bettors that the online gambling industry pays close attention to Las Vegas Sports Consultants, a private company that handles the odds for casinos and newspapers. But the totals I set have to reflect our customers’ preferences for betting the over or under on certain teams in certain situations. Also, because LVSC lines are published early, I have to keep on top of injuries and potential changes in coaching strategy leading up to the game in question before I release any totals. This is doubly important in basketball, where pace determines how many shots will be taken in 48 minutes.

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.
There are some major differences between the two that all punters should be aware of. One of the great things about betting online is the offering of betting tutorials. With these, the newest punters can learn all about the different types of bets, how to place them and what odds they carry for winning. For those that are looking to enjoy amazing betting options and superb odds, there are many trusted and respected online casinos in canada that offer sportsbook action and awesome chances to collect payouts.
We went into detail earlier about what causes moneylines to move. The better you can get about predicting when these movements will occur and in what direction, the more profitable you’re going to be as a sports bettor. If you find a bet that you like, but you predict it’s going to move more in your favor, you can intelligently wait to bet and lock up a potentially much more profitable opportunity.

The key to successful betting lies in quality and not quantity. Your overall chances of winning are much greater if you pick your spots carefully, and only bet when you find real value. There isn't a huge number of NFL games each week, but there's enough that it's simply not realistic to think you can handicap them all. And if you're also betting on college games then this is even more of an issue.

You may often notice that the spread is sometimes set at an even number such as 3, 6 , 10, etc. In this case if the favored team won by the exact amount set for the spread the bet would be pushed, and all bets would be returned. For example, if the Patriots were 3 point favorites and they won by a FG (3 points) than this would results in a push, meaning no matter which side you bet on you would get your money returned to you.
Why is this important? If you’re only looking for a fun sweat, it does not matter at all. But, if you’re looking to be a winner and making money long-term is important, then this becomes critical. For those of you profit-minded bettors, make sure that you are only betting on the prop bets that require quite a bit of skill. These bets will be the ones that your knowledge, research, and expertise will help you win over the long run.
The team that has the minus sign, which is the favorite, has points deducted from its final score, while the dog, with the plus sign, has points added. The favorite must beat the spread, which means they have to win by more than the negative number to pay off. The underdog pays off in two instances—if they win outright or if they lose by less than the spread.
All connotations related to the bet must be fully and unquestionably complied with for the bet to be deemed as winning, regardless of any possible conflict with the sport-specific rules, or with any potential interpretation based on previous or current presentation of offers related to events in that particular sport and the way these are normally presented in DraftKings Sportsbook. Bets will be settled as void should it still be impossible to determine a winning outcome.
"Draw No Bet" is where it is possible to bet on either the home team or the away team. It is also common practice to refer to "Draw No Bet" in cases where no draw odds are offered. Should the specific match contain no winner (e.g. match ends as a draw), or the particular occurrence not happen (e.g. First Goal, Draw No Bet and match ends 0-0) the stakes will be refunded.
Now Arkansas can lose by up to eight points, and you can still win a bet on Arkansas. As the Arkansas line gets more appealing, more people will start to bet that side. The sportsbook will continue to manipulate the line this way up until game time to try and get the bets as even as possible. While they won't be perfect about it, they can usually get it close enough in most situations. It's also important to note that the line will sometimes shift by half points and it's also capable of shifting back in the other direction if too much money comes in on the other side.
While we're going to cover this extensively in the moneyline section of the Basketball Betting Guide, we'll touch briefly on what the -110 means here. -110 refers to the moneyline payout for a particular bet. If you were to bet $100 on a basketball point spread paying -110 and win, you would be paid out a profit of $90.90. The easy way to figure out the amount you will get paid with minus moneyline odds is to divide your bet size by the absolute value of the betting odds and multiply that number by 100.
Since draws are more common in soccer, most soccer markets offer 3-way spreads. When making a Soccer Spread wager, the team you wager on must cover/beat the goal spread. This means that the favored team must win by more than the outlined number of goals or the underdog will receive that number of goals as a head start. If you wager on the spread draw, you are wagering that the game will end in a draw when the spread value is applied to home team. (The team displayed first)
Feel free to play around with exactly how much to bet per wager. We just wanted to show you that making a guaranteed profit is doable. Since it's possible to claim bonuses at a number of different sites as a new customer, and since many sites offer a reload bonus, this strategy is repeatable. The most important thing to remember is this; only bet with reputable sites, like any of the ones we recommend.
The number that comes after the plus or minus sign is how significant of a favorite or underdog the teams are, regarding points. In the first game, the Bengals are a 1.5 point underdog. This means that the sportsbook thinks the Bengals are going to lose the game by 1.5 points. This means, by default, that the Chiefs are a 1.5 point favorite. This means the sportsbook thinks the Chiefs are going to win the game by 1.5 points.
When you bet on the money line, you are betting on one side to simply win. Any time you see a money line, the minus sign (-) indicates the favorite while the plus sign (+) indicates the underdog. For example: Chicago Bears –240 vs. Minnesota Vikings +210. Using $100 as the base, it will take $240 wagered on the Chicago Bears to win $100. For a bettor wagering on the underdog Minnesota Vikings in this scenario, $100 will win $210. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.
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.
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.
The -110 on either side is like paying a tax or commission to the sportsbook. Bettors would pay 10 percent (aka juice) to the sportsbook, which is essentially a fee for brokering the wager. So, the -110 indicates that a bettor must risk $110 to win $100. Some sportsbooks will even reduce the juice for you which means you can earn the same $100 payout but risk less money to do it.
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