Yankees is listed as the favorite - , while Tampa Bay is considered the underdog. The decimal format is sometimes listed, especially popular overseas, and the Yankees would be listed at 1. Since the Yankees are the favorite, the Rays are considered the underdog and bettors receive a larger return on their initial stake. There are several legal sportsbook options in the United States.
Visit our sportsbook directory to find online sportsbooks where you can bet on the MLB. Our experts offer picks on all the big MLB games. Check out our MLB handicapper picks to see what our experts are saying. Most sportsbooks will allow you to parlay your baseball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be.
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. Betting against the spread - In the sports betting industry the acronym ATS is used to label a team's record when betting against the spread.
ATS records are a valuable tool in sports handicapping. A team may be playing great straight-up, winning a lot of games but at the same time they could have a dreadful ATS record because they are overvalued by the general public and the oddsmakers. And, conversely, a team could be losing a lot of games but playing in a lot of close games as underdogs and have a good ATS record going.
Bookmaker's interest - In order to guarantee a profit for the house, a bookie needs to create even action on both sides of a particular game. In a perfect world the bookie would have 50 percent of the handle come in on the underdog and 50 percent on the favorite.
This ensures that the sports books are guaranteed a profit because of the 10 percent commission or "vigorish" charged on most sports wagers. This is why there is "movement" on the point spread. If one side on a game is being bet more heavily, the bookie must move the number in order to attract interest on the other side in order to balance action.
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A tricast is a wager requiring the choosing of three named selections a , b and c to finish 1st, 2nd and 3rd in the correct order in a specified event. Accepted on horse races where 8 or more horses are declared and at least 6 run, and on greyhound races of 5 or more runners that form part of the bookmakers' main service. A combination tricast is a wager on three or more named selections in order to choose three selections to finish 1st, 2nd and 3rd in the correct order in a specified event.
In North America, this is a "boxed" trifecta. From Wikipedia, the free encyclopedia. Wikipedia glossary. Hidden categories: Articles with short description Short description with empty Wikidata description. Namespaces Article Talk. Views Read Edit View history.
Help Learn to edit Community portal Recent changes Upload file. Now, 11 wagers are created out of these and placed on the four selections. These bets are — 6 doubles, 4 trebles, and one four-fold accumulator. Once you add your selections to the bet slip, a Yankee bet will look something like this :. Let us use an example to make things clearer. Suppose we have four football matches, and you have chosen to back the following four selections in the Full-time Result market:.
As long as you fancy a few goal-scorers or think you can predict the correct score in a game , it is really straightforward to place a Yankee bet. You can place a Yankee bet on any sport, as long as you back four selections across four different events. However, much like accumulator bets, the most popular sports for a Yankee are football, horse racing, and greyhound racing. This is easy. Choose your selections from four different matches and head to the online bet slip.
Enter your stake, and find your estimated winnings. You will get a payout should at least two selections land. Most leading bookmakers will allow you to place a Yankee bet across markets, including the classic Match Betting and other popular ones like Both Teams to Score and First Goalscorer. You can mix and match markets as well. For instance, two selections can be from the Match Betting market, while the other two can be from the First Goalscorer and Both Teams to Score markets.
Atalanta Correct Score. It works exactly the same way as it does in football. Simply select the four horses or greyhounds you fancy across four different events, head to the bet slip, and type in the stake. Check your estimated winnings. You will get a payout if at least two selections land. Let's use a bet on greyhound racing as an example. Of course you can place an each-way Yankee, and you place it the exact same way.
Remember that:. You can wager an each-way Yankee with any of the bookies we recommend. Probably yes, but remember that for your four-fold accumulator or any traditional acca, for that matter to pay, all selections have to land. That is precisely why a Yankee bet is an excellent strategy to diversify your wager and spread the risk.
The only downside is that it requires 11x the original stake, considering you have 11 bets instead of one. But if you are confident about the form of your selections, you can do very well with a Yankee bet. After you have placed a Yankee bet, you might want to put your feet up and plan what to do with the potential winnings.
But hang on. Before you do that, you want to know whether you can afford that family retreat to Disney World in Florida or a holiday around the UK. This is where an online Yankee bet calculator is essential. A Yankee bet calculator will let you work out your predicted Yankee bet winnings.
Type in the odds of your selections, and enter the stake. Our own Yankee bet calculator should be up and running soon, so keep checking this space! Also called a Canadian bet , a Super Yankee bet works much like a Yankee; the only difference is that here, you must back five selections across five different events instead of four. A Lucky 15 bet also features four selections. However, there is a difference. Therefore, a Lucky 15 bet has 15 bets in total.
A Yankee bet is a type of multi-bet accumulator. It is a four-selection wager that consists of 11 bets — 6 double bets, 4 treble bets, and 1 four-fold accumulator. As long as you have four selections, you can place a Yankee on multiple sports.
However, the most popular sports for placing this kind of bet are football, greyhound racing, and horse racing.
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