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Sports Betting 101, Sportsbook Betting Guide, Rules And Bet Types

In a moneyline wager, you are betting on an overall winner in a chosen matchup. Each matchup will have a favorite team to win and an underdog, as well as associated odds that reflect their chance of winning. While it may be more profitable to bet on an underdog, favorites are likely to win more often. The distinction is not trivial for any party involved in the betting markets.

However, if you do your homework on the teams involved, you will give yourself a great opportunity to pick winners and take home more money than you brought. In this basketball point spread betting example, we see that Phoenix is favored to win the game by 7 points. The amount of the spread is a bit surprising, considering that both teams were well below the .500 mark for their wins and losses on the season.

Another example of a potential slow start would be an NFL team coming off a short week. This could be a team that played a Monday night game on the west coast and now has to play a Sunday afternoon east coast game. It could be the team that plays in the late Sunday afternoon time slot and then backs up again Thursday night on the road. The combination of a shortened preparation and travel is a recipe for a sluggish start. A team coming off an overtime game the night before may be sluggish the next night, particularly if they are on the road and have had to travel on game day.

It is very common, though, to have a betting line of +3/-3. That is called a push and you simply get your money back with no profit and no loss. The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown and a field goal plus a touchdown. This is what is called a “spread” bet, or “betting against the spread.” This is a very common bet in basketball and football games, but it is seen in other sports as well. In football betting, a “line” is provided by which the favorite team needs to win, in order for bettors to win that game. DraftKings Sportsbook has already posted lines for the first set of NBA games in Orlando.

Because the first five innings of a game take much less time than a full nine innings, this leg of the bet will be over earlier, and that can be of help whether it wins or loses. The biggest numerical change will come in the total, which makes sense since we are only accounting for what amounts to a portion of the game. While our example calls for nine runs needed to hit the over, only five are required in the first five innings. On the other side, four or fewer runs in the opening five innings mean a win for the under wager. Baseball games can’t end in ties, so there’s no worrying about that with a full-game wager thanks to extra innings. If the game is tied after five innings, the bet on the Cardinals would be graded a victory on the run line since that team’s spread is +0.5 runs.

Power rankings rate the teams in the league from top to bottom and attach a number to each squad which represents their overall strength. First things first, there are resources out there – both free and subscription-based – which provide picks against the spread. Some are good, some are average, and others aren’t so great.

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