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A moneyline can also apply to the player that will win a tennis match, the boxer that will win a fight, and so on. This is another example:.
The concept is always the same: just pick the winner and place your bet. You will be paid out after the event if you guess correctly. This is the most common bet on football and basketball games. Sportsbooks will assign a handicap to the stronger team the moneyline favorite. That creates a point spread.
It allows them to offer similar odds on either team covering it. You have two options. If you bet on the 49ers to cover, they need to win by 7 or more points.
A bet on the Bears to cover would pay out if they won the game or lost by up to 6 points. The concept is the same as an NFL point spread. A bet on the Rangers would require them to win by 2 or more goals. A wager on the Devils would pay off if they won or lost by a single goal. Sportsbooks offer a main point spread, puck line and run line.
However, they also provide lots of alternate lines. They either make things easier for you in exchange for a smaller potential payout or make things harder in exchange for a larger potential payout. Sportsbooks set a total points line on every basketball or football game. This is an example of a total points line:.
If you bet on over, you are predicting that the Mavs and the Suns will combine for at least points during the game.
A bet on under is a prediction that Dallas and Phoenix will combine for no more than points. Once again, you will find all sorts of alternate totals , which skew the odds in different directions. You can also bet on totals for individual halves and quarters , and sportsbooks offer team totals too.
They all share one thing in common: you do not need to specify which team, player or fighter will win. However, you can combine a totals bet with a moneyline or a spread for a same game parlay if you like.
A futures bet is a long-term wager that runs for an entire season. That means it is not dictated by the result of a single game. The most common futures bets focus on team that will win a major event, such as:.
The sportsbooks will assess the quality of every team in the field. It starts with the favorite, which is often the reigning champion. The odds grow longer as you work your way down the list, until you reach the huge underdogs at the bottom.
There are lots of season specials too. For example, you can bet on the NFL player that will secure the most passing yards, rushing yards or receiving yards during the season. The odds on these futures bets will change as the season wears on. If a team is on a hot streak, its odds will shorten.
If another team loses a key player to injury, its odds will drift out. Prop bets are not linked to the result. However, you can often combine them with other markets, such as the spread, moneyline or totals, for a same game parlay.
Sportsbooks release betting odds on thousands of sporting events each week. The odds highlight the profit you would earn by placing a winning bet on a certain market.
They also provide an implied probability of each bet succeeding. Oddsmakers at the leading sportsbooks will weigh up the strengths of both teams. They focus on offensive and defensive capabilities, recent results, head-to-heads, injury news, home advantage and other important factors. The sportsbooks then release odds on either team winning the game and on markets such as total points and props.
You can visit OddsTrader to learn more about sports betting odds. Our in-depth guides teach you how to read American odds, decimal odds and fractional odds. We have provided clear examples to help you fully grasp what sports betting odds entail.
You should seek out the sportsbooks that take the lowest house edge on their sports betting lines. The most popular betting options are the point spread and total points, and most sportsbooks offer standard odds of on either side of those bets. The most popular betting options tend to have negative odds.
For example, most sportsbooks offer on either side of a point spread or a total points line. You can simply multiply your bet amount by the fraction to calculate your potential winnings. Decimal odds highlight the total return you would earn from a winning bet.
That includes your profit and the return of your bet amount. A moneyline bet is a simple prediction on which team will win a game.
It can also apply to the fighter that will win a UFC showdown or the player that will win a tennis match. The sportsbooks release moneyline odds on each contestant, and the odds tell you the profit available by betting on each option.
Breaking news of an injury to an important player could cause betting lines to move. Sportsbooks will also change their lines if most bettors back one team.
They want to spread out their risk, so they will try to encourage more bets on the less popular team by offering more appealing odds on that team. Sportsbooks such as BetMGM, Caesars, FanDuel, DraftKings and PointsBet set sports betting lines. Individual sportsbooks often provide different lines to their rivals, so it is vital to visit OddsTrader and seek out the best lines and odds before placing a sports bet.
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