How to bet on sportsbook
Underdogs When oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog. The favorite is the team that is more likely to win the game and will get a minus sign next to its odds. The underdog is expected to lose and gets a plus sign. Spreads There are two main ways to bet on a favorite or an underdog. The first is the point spread , which is a bet on the margin of victory.
The Eagles are a That means anyone betting on Philadelphia needs the Eagles to win by 5 or more points. Anyone betting on Detroit needs the Lions to lose by points or win the game. Eagles win by 7: Eagles bettors win Eagles win by 3: Lions bettors win Lions win by 3: Lions bettors win Point spreads are adjusted for team ability and many other factors.
Spreads are available in every sport but most common in higher-scoring sports like basketball and football. Still confused? Check out this video breaking down point spreads. Moneylines The second way to bet on a favorite or an underdog is on the moneyline.
A moneyline bet requires you to just pick the winner of the game, and uses American odds to calculate the payout. Back to Colts-Texans. Oddsmakers believe Indianapolis is the much stronger team. Free bets are only given out per terms and conditions and for specific promotions.
Available in select states. Half-time bet — A bet placed on scoring in the second half of a game only. Handle — The total amount of bets taken. Hold — The percentage the house wins. Line — The current odds or pointspread on a particular event.
Listed pitchers — A baseball bet placed only if both of the pitchers scheduled to start a game actually start. Longshot — A team perceived to be unlikely to win. Middle — To win both sides of a game; wagering on the underdog at one pointspread and the favorite at a different pointspread and winning both sides.
Money line — Odds expressed in terms of money. No action — A wager in which no money is lost or won and the original bet amount is refunded. Off the board — A game in which no bets are being accepted. Opening line— The earliest line posted for a particular sporting event. Over — A sports bet in which the player wagers that the combined point total of two teams will be more than a specified total.
Parlay — A single bet that links together two or more wagers; to win the bet, the player must win all the wagers in the parlay. If the player loses one wager, the player loses the entire bet. However, if he wins all the wagers in the parlay, the player wins a higher payoff than if the player had placed the bets separately.
Prop Proposition Bet — A bet that focuses on the outcome of events within a given game. Round Robin — A series of parlays. Run line — In baseball, a spread used instead of the money line. Sides — The two teams playing; the underdog and the favorite. Sportsbook — A physical location that accepts sports bets.
Straight bet — An individual wager on a game or event that will be determined by a pointspread or money line Straight-up — Winning the game without any regard to the pointspread; a money-line bet. Take the points — Betting the underdog and receiving its advantage in the pointspread.
Take the price — Betting the underdog and accepting money odds. Teaser — A type of parlay in which the pointspread or total of each individual play is adjusted. The price of moving the pointspread teasing is lower payoff odds on winning wagers.
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How to bet on sportsbook exacta part wheel horse betting
Sports Betting 101: How to Place a Bet at a Sportsbook