As a result, we recommend a flat-betting approach. They are unique to the team, sport and league, and universal across most sportsbooks. Much like stocks on Wall Street, the sports betting market is fluid. Lines can vary based on the sportsbook, because different books have different clienteles.
As a result, one book may post the Cavs -8 while another has Having access to more than one sportsbook allows you to shop for the best line. Getting an extra half-point might not seem like a huge deal, but it adds up over the long haul and increases your chances of winning.
Our live odds pages will automatically surface the best line for every game. These are all a good thing to know, and it can allow you to maximize your winnings. Check it out for free here. Sports Betting. Best Books.
Action Network Staff. Download App. Read now. Action's Preferred Sportsbook. Bet Now. BetSync book. Get refunded in free bets if it loses. Top Offers. Bet Over in Lakers-Nuggets. Follow Us On Social. Sportsbook Reviews. Sports Betting Calculators. How to Bet On Sports. So while some sportsbooks will let you place a teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one.
You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers. Teaser bets - The teaser is so named because it, too, looks tempting, but if you allow yourself to get too seduced, you'll usually end up on the losing end. The teaser bet gives or takes away extra points from the team you back. However, there are some good values with teaser bets if you know how and where to find them.
Source: Doc's Sports Service When you bet on the money line , you are betting on one side to simply win. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.
When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. Money line bets tend to be even more popular with underdogs. A nice profit can be made if a touchdown or more underdog pulls off an outright win. When betting with a point spread you are wagering that a particular team will win or lose by a certain amount of points.
This pays out even-money minus the vigorish, or bookmakers take, which we will later explain further. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back. These are examples of 'side' betting with a point spread. There are also 'total' wagers that refer to the total amount of points scored by both teams.
The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker. In a perfect world if all bookmaker action was balanced, they would be guaranteed a nice profit because of the vig.
Identify the favorite : Lines with a - before the number i. That does not mean you have to bet that much, it's just easiest to understand! The most important thing you can teach yourself early on is: "Just because the books assign one side to be the favorite even large, or , favorites , does not mean that they will win.
Money line odds - These are by far the most common form of odds in North America for sports betting. They are expressed as numbers greater than , and they can be either a positive or negative number. Each one is a little bit different. Just what is a moneyline? Essentially, a moneyline bet is a bet on which team is going to win the game.
There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog.
The stronger the favorite the less you will win, and vice versa. How do you read a moneyline? A moneyline is a number larger than , and it is either positive or negative. A line with a positive number means that the team is the underdog. In most cases, the favorite will be the team with a negative moneyline in some cases both teams can have a negative moneyline if they are both closely matched. A team with a moneyline of wouldn't be favored nearly as strongly as a team with a moneyline of Why would I bet a favorite on the moneyline?
The biggest advantage of the moneyline for the NBA is that your team doesn't have to overcome the point spread for you to win your game. If your handicapping leads you to believe that one team is likely to win but you can be less certain that they will win by as much as the point spread then the moneyline may be attractive.
You are sacrificing some potential return because the moneyline won't pay as much for the favorite as the point spread will, but it's obviously better to make a small profit than it is to lose a bet. This is particularly attractive in basketball because the favorites can often face large point spreads and teams can win comfortably and effectively without covering the spread.
Why would I bet an underdog on the moneyline? Simply, bigger returns. You won't win as often, of course, because the underdog not only has to cover the spread, but it actually has to win the game outright. Upsets happen, though, and good handicapping will often isolate situations where the likelihood of an upset exceeds the risk of the bet. This is especially relevant in the NBA because the number of games, and the possibility for even the best teams to have a bad night mean that major upsets are far from rare and can be very profitable.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
Understanding Sports Odds Identify the type of line you are looking at. All online sports books offer you the chance to have your lines in an "American" or "Money line" version. If I were you, I would use this as my standard. Two other less common variations exist: decimal odds and fractional odds. Briefly: --Fractional odds are most commonly found in racing. Identify the favorite. Lines with a - before the number i. How the point spread works - When two teams meet on the playing field or on the basketball court, one team is typically better than the other or in a more favorable position because of factors like playing at home.
If all you had to do were pick the winning team in a game, everybody would simply wager on the best team or the home team in a even matchup and bypass all the lines and collect their winnings at a high rate.
A point spread - Lets take, for a hypothetical situation on one of the types of football bets using the point spread , that the Kansas City Chiefs were visiting the Detroit Lions and Detroit was established as a six-point favorite at game time, which is commonly written as Detroit If you bet the favorite, Detroit has to win by more than six points to win your bet.
Remember, the Lions are favored by six points, so we subtract six points from their final score on a spread bet. If Detroit were to win , Lions bettors would win their wager. If the Chiefs were to win the game by any score and you picked the Chiefs you would win not including the extra six points. If the Lions were to win, , it would be exactly six and a push, so you would get your money back.
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This is surely the easiest way to calculate winnings. Decimal odds are also helpful when working out the favourite in a head-to-head match. The key is to look at which of the two players or teams has the lower odds; the smaller the number, the greater the likelihood of winning and vice-versa.
If Nadal is listed at odds of 1. The first thing to look for here is a plus or minus sign. If the odds are positive, then that team is the underdog. The process of calculating odds is called oddsmaking and the goal is to balance the action on both sides of a wager.
Mathematics and statistics play a significant role in the process of generating betting odds. Aided by contemporary technology, oddsmakers are able to track the odds and change them in real time, allowing bettors to place bets while the game is being played. This is known as live betting. Knowing how sports betting works is just the first part of becoming a good sports bettor. The first part of the process includes choosing how and where to place your bet.
There are so many bookmakers around these days that choosing a company you trust is extremely important. For example, you can visit a brick-and-mortar bookmaking shop and place a bet in cash, or you can save yourself a trip and do it online more about online betting later. Some bookmaking shops even offer telephone betting services, meaning that all you have to do is let the bookie know the details of the bet you want to place.
The online gambling industry has grown a lot in the past few years, and almost every UK-based bookie now allows you to place sports bets online from your PC or mobile device. The key to a successful online sports betting session is to find a reliable site to bet on.
All operators provide odds on their site. These sites also offer numerous payment and withdrawal options, making it easy for players to make deposits and pick up winnings. Many players enjoy betting on sports online, as it allows them to place wagers while having access to various player statistics and online betting tips. Naturally, every sports bettor wants to win. We live in the age of the internet — accessing all kinds of data has never been easier.
By using statistical methods like regression analysis, pros are able to understand what outcomes are most likely to occur in a match and pick the bets they feel most comfortable about. However, players who want to maximise their chances of winning should rely on more than just luck. The more statistics you analyse, the better your sports betting skills will become. The most important thing is to trust your head over your heart and place the right bets at the right time.
Experienced bettors advise rookies to calculate winnings before placing a bet, just to make sure the amount of risk involved is worth it. Predicting sports results is a skill you can nurture, just like most other skills. The more experience you have and the more effort you put into analysing sports statistics, the better you will be at predicting outcomes.
Some individuals like to follow advice from sports tipsters to increase their chances of winning. A tipster is someone who regularly predicts the outcomes of sporting events so as to help bettors make the right call. Following their advice can increase your chances of winning, but it takes more work than that to actually improve your sports betting skills. The best strategy is to keep track of all your bets and identify reasons for losing every time you do.
Find a sport you love, start watching it regularly, and follow all the latest news on injuries, form, and player transfers. Rather than betting on a single game or event like in a simple money line bet, you can place a combination bet and win big if you get all the results right. Point spread betting gives gamblers a more interesting opportunity to bet on games where one team is considered to be a favourite by levelling the field for both teams.
Betting on the spread means predicting whether the favourite will win by more or less than a certain margin. In other words, the line on both teams is the same and you decide which team you want to bet on. A handicap is a form of betting used to even the contest when one side is considered to be significantly stronger than the other. For example, in a boxing match, it would not be unusual to see odds such as these:.
In point-spread betting, the bookie hopes to have an equal amount of money wagered on each team, which guarantees a profit. In moneyline betting, the bookie assumes most people are going to wager on the favorite and sets the line on the underdog so as to cover any potential losses on the favorite.
Using the Louis-Leonard fight as an example, the bookmaker knows more money is going to be wagered on Louis than Leonard because Leonard's chances of winning are much greater. Moneyline betting is generally offered on all sporting events, even those that also use the point spread, such as football and basketball. In these instances, you'll have to do some quick math to see which form of oddsmaking promises a greater payout, if any. Allen Moody. Allen Moody is a journalist with more than 35 years of experience in the sports-gambling arena.
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