"Grand Salami" is where you bet on the total number of listed occurrences, such as total goals or run, Happening during a collection of events. All relative events must be completed for bets to stand except for the outcomes of which have been decided prior to the abandonment and could not possibly be changed regardless of future events, which will be settled according to the decided outcome.
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.
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.
Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results. The payout for a parlay is greater than an individual wager on each player or game. Underdog moneyline parlays are becoming popular because the payouts can be very large. Moneyline parlays are becoming popular because of the perceived ease of choosing multiple favorites to win. Choosing one winner is difficult and multiple winners at the same time is even more difficult.
covering a spread - When a team surpasses the expectations of a point spread set by football experts. For instance, if a team is expected to win by 10 points, and they actually win by 11 or more, this is called 'covering' the point spread. If the team wins by nine or less, or they lose the game, this is called NOT 'covering' the point spread. If the team wins by exactly 10 points, this results in a push or tie.
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.
To help get you started, we’ve broken down the most popular and the need to know NBA bet types below. Make sure you take the time to read through each of these and figure out how they might play a role in your betting strategy. Remember, you are not required to use all of these bets. Many professional NBA sports bettors will only use one or two bet types and still crush the books. They prefer to keep things simple and work with what works for them. We suggest you do the same.
Where people seem to get confused with moneyline bets is with how they are presented and how they pay out. While the criteria to win a moneyline bet will never change, the amount you win and how the bet is presented will change. Don’t worry, though. It’s easy to understand if it’s presented to you properly. We are going to cover this thoroughly in the coming sections. You’ll be a moneyline expert ready to crush the books when you get done with this guide.
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.
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.
This also comes into play on games that you think the line is correct. For example, let's say you think the line of Florida -7 is correct, so you elect not to bet it because there is no value. This doesn't mean you should never look at this game again. If the line happens to shift in either direction, you can make a bet that has value. If the line moves to Florida -6, you place a bet on Florida because you originally thought they would win by seven. If the line moves to Florida -8, then you place a bet on Arkansas at +8 because you originally thought Florida would win by seven and Arkansas would lose by seven. The next strategy tip is a good idea to help you be ready for these situations.
When betting on the favorite, simply divide the negative moneyline by 100 to get a decimal. If you were planning to bet on the Celtics in the above example, this would give you 2.40 (ignore the negative). Now all you have to do is divide your stake by that number in order to see what your potential payouts would be. Let's say you wanted to stake $650. When you divide that number by 2.40, you'd see that your potential payout is $270.83.
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.
Actually handicapping games is far from simple though. Or, at least, handicapping them well is. There are all kinds of different factors that can affect the outcome of a game, and you need to take as many of them as possible into account. You also need to assess just how much of an impact those factors will have, and try to accurately evaluate just how likely a team is to win. For more advice on how to do this, please see the following article.
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.
Let's say you think Liverpool is going to win the game, but you think they are only going to win by three goals. If the first bet were the only bet available, you wouldn't be able to bet on this game unless you were a maniac. This handicap bet gives you more options, though! The next rectangle down is a similar bet except for this time it is Liverpool at -2, getting paid 13 to 5. If you take this wager, you need Liverpool to only win by three or more goals now, instead of four. If this happens, you will get paid at 13 to 5 or $260 for every $100 you wager. As you can see, this is more likely to happen, so you are going to be paid less for the bet. However, it does give you an option to bet what you want.
That was all before Charles McNeil, a math teacher from Chicago, invented the concept of the point spread. An avid gambler, McNeil created what he called “wholesaling odds” and started his own bookmaking operation in the 1940s. He started out offering this new style of betting on football, but his business model grew to include basketball. McNeil changed the way sports betting was done, and his legacy lives on today in what we now call the point spread.