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Betting Terminology

As a rule of thumb, the moneyline is best for predicting underdog upsets, and the spread is best when you want to bet on a big favorite to win. You’ll still want to compare the odds and payouts of both options to make sure you’re getting the best value possible. Point spreads are either whole numbers, or they can include a half-number like 4.5, for example. When the spread is a whole number, like 4, there’s a chance that the favorite will win by the exact number presented in the spread. When this happens, the bet is neither a win nor loss; it’s a push, which means that all money is returned to bettors. In this example the Rams must win by more than seven points to cover the spread while the Vikings can lose by six or less points or win the game outright for them to cover the spread.

For example, consider a sports book operating in Nevada which generates $1 million in betting revenue and retains approximately 5% of that in gross wagering profits or hold. Of the $50,000 in hold, the sports book would pay 6.75% in state taxes or $3375. It is possible that some sports books would find larger economic profits in other industries. A teaser is a bet that alters the spread in the gambler’s favor by a predetermined margin – in American football the teaser margin is often six points. In return for the additional points, the payout if the gambler wins is less than even money, or the gambler must wager on more than one event and both events must win.

Now it’s your turn to take what you’ve learned here, blend it with your predictions and research, and start crushing the sportsbooks for yourself. Your earning potential is huge, and point spread bets are definitely a medium to the top of the sports betting industry. In this guide, we’re going to walk you through all the details you need to know to understand point spreads, make point spread bets, and hopefully start turning a nice profit with them. Football and basketball reign supreme when it comes to quarter betting options. Prior to each quarter, bettors can wager on reduced game total odds plus which side will win each frame with reduced point spreads and moneylines.

With the NBA season resuming in three weeks, it is a great time to familiarize yourself with more “unconventional” bets. In this article, we explain what an alternate spread is as well as discuss advantages and strategies for making such a wager. A sports bet in which the bettor guesses that the combined point total of two teams will be above a specified total. So, the wizards at DraftKings decide to make it harder for PHI to beat a spread. Well, there’s no reason to bet the 76ers as hard anymore, since winning by more than 8 points is much more difficult than winning by more than 5.

This is done to ensure that there is not a push when the game is over. A push is when no one wins, and the sportsbook gives everyone their wager back. Whether you’re new to sports betting or a betting pro, ourSports Betting Strategy and Advicepage is for you.

The team with the negative (-) number is the favorite, or team predicted to win the game. The team with the positive (+) number is the underdog and is expected to lose the game. A point spread bet, or spread bet, is a bet on the sportsbook’s predicted margin of victory for a game or match. The outcome of the game is secondary to the resolution of the bet.

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