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In the above example, you see a money line. Note: All the different bets in pro and college football are more or less self-explanatory. The key to understanding the bets is to be able to understand the odds.
The standard form of betting is on the point spread, with all other bets expressing odds on the money line. The only real distinction between NBA and college in terms of betting is that the NBA plays quarters, while college basketball games are played in two halves. In the above example, you see a basketball point spread. The spread is 7. San Antonio at If you bet on San Antonio at A bet on Dallas would win if they won the game straight-up or if they lose by 7 or fewer points. A point spread is a type of handicap.
Both sides of an against-the-spread bet pay the same, but the teams are obviously not of the same quality. A point spread evens things out and gives both sides of the bet some wagering appeal. Most other basketball bets are governed by the money line, which is just a way to communicate odds. Here is an example:. Above you see a money line wager, where you simply pick who will win the game, with no mind being paid to point spreads.
With money lines, remember that plus signs mean underdogs and minus signs mean favorites. This form of odds expression is used for all facets of basketball wagering. The bets themselves are easy to comprehend, but to really understand a bet, you just need to understand the odds. Knowing the point spread and money line will allow you to do that. The two teams in a game are simply given odds.
You pick a winner. There are certainly other bets available when wagering on baseball, but they are easy to understand. The only part that might be tricky is the odds, but understanding the money line means you understand baseball betting odds. Remember these 4 things about the money line and you will be equipped to at least understand how the wagering of baseball works:.
Again, there are a bevy of other bets in baseball other than who will simply win the game. But they all take place on the money line, the key to being able to at least understand baseball betting. Note: Understanding the money line will not only have you ready to understand baseball betting, but it will also mean you understand boxing, MMA, tennis, auto racing, hockey, soccer, and elements of football and basketball wagering.
Free Newsletter: Receive wiseguy plays, betting strategies and special promotions! Cincinnati Bengals Arizona State In the above example, you see a money line. San Antonio Spurs Duke Above you see a money line wager, where you simply pick who will win the game, with no mind being paid to point spreads. But, the original point spread is still used in all these bets no matter how you look at it. Parlays are essentially a combination of two or more bets into one, such as three teams winning their respective matches.
These parlays are usually a long shot since so many teams have to win, but in the end, they are also some of the highest paying games. You can pick teams to cover the point spread, over or unders, or moneylines in a parlay and sometimes you can mix in different sports.
Pleasers are some of the highest paying bets, as they take the spread and then subtract points, making it harder to succeed. Then you also have to combine them into another bet of the same type in order to win. The payouts are huge, but it is not likely that these will come in unless you have the utmost luck or some sort of inside knowledge. Teaser bets bets are the exact opposite, in that you can adjust the spread to be more favorable, thus lowering your payout but increasing your chances of winning.
Either way, these are some of the more exciting ways for you to wager. There are also " If-Bets ", which allow you to combine two bets. The first bet has to win for the second bet to have action. If the first bet fails, the second bet doesn't come through. If you win the first bet, you can then use the winnings on the second bet, essentially building your bankroll. American odds have become incredibly commonplace, despite the fact that they are not as easy to read as other formats.
As an example, American Odds read like this:. In the example above, you can see that Team A has the lowest number of the group and are considered to be the favorite to win this bet. And, with a little bit of manipulation, you can see how these odds will pay if the wager ends up being a winner and that is what we're all here for Fractional betting odds are the easiest to understand.
Just about every single sportsbook that caters to Americans has the option available for fractional odds. And, while they may seem daunting at first, you don't really need to understand complex fractions in order to utilize these odds. Let's look at an example:. In order to best understand these lines, you first need to look at the ratio to 1. Once you have determined this, you can figure out the favorite. To figure out which side is favored, you simply need to figure out which is the lower number.
Fighter A's wager is the clear favorite as it is the lower number. So, how do you figure out what these pay? Anytime fractional odds are displayed at a value of less than 1, the bettor must risk more than they intend to win if the wager is a winner. And, the opposite can be said for if a fractional value is more than As you can see, the payouts are in the fractional odds, you just need to know which way they go based on if they represent a value greater than or less than one.
Decimal odds are slightly more confusing than most other types of odds. In fact, we prefer not to use them when we bet but that is just our preference. Regardless, we are going to give you a little insight into these lines, as we want to give you insight about all of the common types of odds available. If you look into these odds, you will definitely come out a little bit confused unless you are from Europe where these odds are commonly used than American or Fractional odds.
The multiplication game is not as straight forward with decimal odds. Let's take a look at another example:. When looking at decimal based odds, the same thing applies to them as all the other forms of odds when trying to determine the favorite In the example above, the favored candidate is Candidate A at 1. Figuring out the payouts is where decimal odds can get tricky, but you'll soon learn a little trick that will make these very easy to understand.
Be sure to keep that in mind when looking at the other odds types. Now that you understand how to read odds, you will then want to see how they are adapted to the different betting lines. With the straight wagers and exotic wagers alike, you will find that these odds are worked into the lines.
After you figure out how to read the odds, you will then have to figure out the different types of bets that you can find through most sports betting sites. The different types of bets use odds somewhat differently, but in the end, it is all fairly similar. We have created special pages that explain how to read the betting odds on a variety of sports. The reason for this is that some sports have betting odds available that others do not. Some sports betting odds can be broken down into a half or quarters while others are just for the entire duration of a match or game.
Each page is crafted specifically for an individual sport making it easier for bettors to learn the ins and outs of betting on whichever sport they choose. There are plenty of betting sites out there, but we have decided to list only those we felt were of the highest level of quality. When personally and individually tested these sportsbooks in order to figure out exactly what they have to offer.
In the end, we decided to play with those offering the highest paying odds, the most diverse set of betting types, and a fairly wide range of different sports. Throw in the big bonuses and easy financial transfers and what you get is one of the best sets of betting sites on the Internet. Its already know that Bovada is one of the better online sportsbooks for players to sign up for. The fact that there are so many betting options on this sportsbook makes it known to be a better site as well.
Most of the time players look for sites that have the total package which is what Bovada has. Players will flock towards Bovada and one main reason for that is because of the betting odds that are offered to players. The odds offered on Bovada are her for a player to place big-time bets and make a lot of cash. This makes it very easy for players to pick which bets they want to place.
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