The best way to read sports bet odds

Sports Betting Odds Explained

That’s because they don’t want bets to end in a push on a totals bet. A lot of bettors prefer the over/under because the odds are usually close to even money for most every sport on such bets. Most of the time, the number of points in a game will carry odds right around -110. If you are betting on the NFL Under, you are wagering the combined points will be 33 points or less. If you bet the under and the Cardinals score in the fourth quarter to make it a game, sorry. Once again, looking at that probable outcome based on coordinating the point spread with the over/under, you’d ask yourself if the point total for each team makes sense.

Even if they reconvene the next day and play, books often cancel bets and produce a new market. Generally speaking, if you bet the over, you can root for overtime and extra innings/periods because they’re very, very good news for you. Under bettors loathe such things, as they simply extend the clock to allow for more scoring. You’ll get an even money payout on your under bets in this market while you have lay $12 for every $10 you hope to win on the over. From there, the betting market takes the reins, starting with small limits once the markets open.

There are some benefits and some risks associated with betting on futures. On the flip side, however, your money is locked up for a long period of time. If you bet on a particular team to win the championship and one of their star players is injured, suddenly their prospects of winning do not look quite as good. Sometimes, the team may just hit a slump partway through the season and lose a lot of valuable momentum. Just like with all betting, it’s important to calculate the risks and possible rewards.

It is common practice by sportsbooks to adjust prices on or around key numbers for spreads and totals, especially in football. The point spread is the projected number of points that separate two teams. A favorite “gives” points and is identified with a minus sign next to their point spread. The underdog “gets” points and is identified with a plus sign next to their point spread. We have an excellent list of the top places to bet online (that take U.S. customers). If you are looking to maximize your first deposit, we also have a great comparison of the best sportsbooks signup bonuses for you.

We’ll teach you how betting lines work and give you the lowdown on sports odds to help you make sharper bets. A modern sports fan who is passionate about their favorite teams and players is probably an avid bettor too who plays more than a few tickets per week. Whenever there is a big game they will probably not only watch sports that entire day but put some money where their knowledge and passion are and try to win some money in the process. There is a number of things to know and pay attention to when sports betting is concerned without which one can never be as successful as the more experienced players.

At -105, it would be a risk of $105 for every $100 in profit. As is the case with point spreads, the total will be the same for each team. A bet on the over requires 159 points or more to secure a victory, while anything at 158 points or fewer will be a win for the under wager. There are three base options when we think of traditional sports bet types. The first two are moneyline and point spread, and the third is the totals, aka, the over/under bet. Your job is to decide whether the total number of points scored in this matchup will be more than 208 (called “the over”), or less (called “the under”).

Leave a Reply

Your email address will not be published. Required fields are marked *