Betting odds indicate how likely one outcome is in comparison to the other. While there are different ways to display odds, you’ll usually see odds displayed in a numerical or fractional form.
In numerical form, everything is based on $100 bets. You’ll see something like -125 or +125: The negative numbers mean that they are the favorite – the positive numbers mean they’re the underdog. For example, when the odds are -125 it means you have to risk $125 in order to win $100. On the other hand, when the odds are +125, you’ll be risking 100 to win $125.
In fractional form, you’ll see something like 1/3 or 3/1: The lower number on top (1/3) indicates that the team is favored to win by three times more than they are to lose Bandar Bola Terbesar. The higher number on top (3/1) indicates that the team is three times more likely to lose than they are to win.
Sports Bet Types
What Does Moneyline Mean?
Simply put, a moneyline bet is betting on a team to win the game. The moneyline odds are determined by the likelihood of that team winning.
Example: Atlanta Braves are -165 favorite to win, you have to risk $165 in order to win $100. Agen Sbobet Terbesar , the Miami Marlins are +140, aka the underdog to win. Therefore, you would win $140 by risking $100.
How Spread Betting Work
Betting the spread is when you bet on either the favorite or underdog to cover the points spread. The point spread is the number of points sportsbooks believe the favorite to better than the underdog.
Example: If you bet $100 on the favorite (Chiefs) to cover the spread at -9.5. The favorite would have to win by 10 points or more to win your bet. If you bet $100 on the underdog (Texans) to cover the spread at +9.5. The underdog can win, draw or lose by less than 10 points to win your bet.
Points spread between the Houston Texans and Kansas City Chiefs
How To Bet On Over/Under (Totals)
Over Under betting is based on how many total points/goals/runs will be scored in the game.
Example: If the total is 43.5 points, 44 or more points are needed to win the “over” bet – 43 points or less are needed to win the “under” bet. If the total is 50 points, and the final score hit 50 points right on the number, that’s considered a push – or a tie. In that case, the bettor will get back their original investment.
Points Betting For Dummies
This is a new and innovative way of betting on sports, but what is points betting?
Points betting rewards the bettor for how right they are.
For instance, let’s say you’re betting on basketball where the Brooklyn Nets and New York Knicks. If you bet $10 on the Nets, who are favored by three points (-3), and they win by seven points, you will have won $40 because they covered the spread by four points.
How To Bet On Futures
A future bet is based on any future outcome. Most futures bets are on teams to win a championship, a conference/division, a certain amount of games or a total number of wins. However, there are also futures bets on individual players to win achievement awards such as NFL MVP or reach a certain number in a statistical category, like an NFL player to top the rushing yards table for that season.
How to Parlay Bet
A parlay bet combines two or more individual wagers and is dependent on each bet winning together. As a result, a parlay bet pays out higher because the chances of winning dependent on more than one outcome.
For example, if you bet New York Giants, Chicago Bears, and Dallas Cowboys in a parlay and they all win their individual games, you win. However, if New York Giants and Chicago Bears win, but Dallas loses, you lose the parlay.
What Is A Teaser Bet?
A teaser bet has similar characteristics to a parlay bet, in that all of the teams or totals you picked have to win. However, in a “teaser” bet, the point-spreads and totals are adjusted to lower the bettor’s risk.
For instance, if New York is favored by 10 points, you can lower the spread down to three points and so on with other games that you chose. The drawback with teasers, though, is that the bettors will typically wager a lot more than they’ll win. If the teaser loses, it could be a sizeable monetary collapse.
How To Bet On Props (Specials)
A prop bet based on a proposition (novelty, side bet) that something will happen that won’t affect the outcome of the game.
Examples: Will Todd Gurley rush for more or less than 1.5 touchdowns? Will Tom Brady throw for more or less than 315.5 yards? Will Stephen Curry make more or less than 5.5 3-point field goals?