Spread betting advisory circular
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In baseball, the spread is called the run line, and in hockey, it is called the puck line. The handicap Oddsmakers closely examined both of these teams and determined that the game would likely be decided by a point. They assigned a handicap of 1.
The addition of the 0. It is simply meant to avoid the possibility of the result ending on the exact number since half-points are not possible in major sporting competitions. The favorite The oddsmakers have deemed that Kanas City is more likely to win the match, so they have made them the point spread favorite in this matchup.
Bettors can identify the point spread favorites by the minus - in front of their handicap. Above, Kansas City has a handicap of For a point spread bet on Kansas City to win, the Chiefs need to win the game by more than one point.
Even if they win by just one point, this bet would lose. The underdog If oddsmakers believe the Chiefs are the likely winners, that makes the San Francisco 49ers the likely losers and, therefore, the point spread underdogs. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly. If they lost by two points or more, this bet would lose.
The vig For many wagers with handicaps, sportsbooks assign a second set of odds that serves as the price of placing the bet. These prices are known as the vig or the juice. For our example above, the sportsbook assigned of vig of to both the favorite and the underdog. Covering the spread Kansas City ended up winning that Super Bowl The point margin of victory was greater than the Which team will cover the spread? The first thing you need to decide on is which team you think will cover the spread.
Do you want to lay the points by betting with the favorite or do you want to take the points by betting with the underdog? Why does the point spread change? The point spread, like all sports betting markets, is an active market. Oddsmakers can and will move the spread based on a number of factors, including: Which side professional bettors are wagering on The amount of money taken in on one side of the spread versus the other Breaking news that relates to the game injuries, weather, etc.
What does mean? You also need to understand how odds work in point-spread betting. This is called the vig short for vigorish or the juice. It is a price that the sportsbooks charge to bet into this market and is similar to the rake in poker. How much can I win?
Use our betting calculator to find out exactly how much you can win based on different odds and different wager amounts. The very nature of NBA and basketball betting lends itself perfectly to Live betting.
With it being such a dynamic end to end scoring sport, you can see the odds of an NBA game flip on its head in a matter of minutes. The odds and betting lines update in real type reacting to every shot that is made or missed. You wont get as an exhaustive list of betting markets with live betting as you would with pre-game markets, but all of the main NBA bets will be available on the live betting tab, such as Money Line odds, Spreads and Points totals.
The NBA betting markets reflect this. The most common ways to bet on an NBA game include the winner of the match, known as the Money Line, the total points in a game and also betting against the spread. There are many other ways in which you can bet on an NBA game including individual player performances and individual team performances. Check out the most popular types of NBA betting, what they mean, and how they work below.
There is much more parity in the NBA and teams, and thus odds, tend to be much closer together. You can also get great odds on an upset if you take an NBA underdog to win the match against a more favored team. Unlike the Money Line where you are betting on which team will win the match outright, against the spread you are betting on which team will cover the spread, as set by the sportsbooks and oddsmakers.
This means the Favorites will have to concede points and the Underdogs will get points on the spread. The reason NBA betting against the spread is popular is that it evens the playing field and makes either side of the match a viable betting option. If you take a match between the Los Angeles Lakers vs the New Orleans Pelicans, and the La Lakers are 7-point favorites, or -7 against the spread, this means the Lakers must win by 8 or more points to cover the spread, while the Pelicans must win or lose by 6 or fewer to cover the spread.
If the match finishes in the middle, i. This is why you will often see spread lines with. Our experts give their advice and analysis ahead of every NBA game which includes a bet against the spread so be sure to check out all of our NBA Picks against the spread today. If the line is set at
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The most common betting line for a point spread is A line on either side is like paying a tax or commission to the sportsbook. Bettors would pay 10 percent aka juice to the sportsbook, which is essentially a fee for brokering the wager. For example, if you see If you see There are three potential outcomes of your point spread wager: you win, you lose or you push a tie. Typically, a point spread has odds of for either side of the bet.
In the example above between the Cowboys and Giants, the point spread is 4. A losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet. You'll then see all of the lines and games for the upcoming days.
The next thing you'll do is decide whether you want to bet on the favorite or the underdog. Once you know, go ahead and click on that team. From there, decide how much you want to bet and place it. Keep in mind, that once your bet is placed, you can't back out. Spread betting works by allowing the sportsbooks to make two teams that are unbalanced to be more balanced. They do this by taking points from the favored team and giving points to the underdog, both of which will be labeled by either a plus or minus.
The minus means the team is the favorite and they have to win by more than the number specified. The plus means the team is the underdog and they have to either win or lose by less than the specified number. This means you can place a bet on both teams if you're confident it'll work out in your favor! Long is when you buy and short is when you sell. There will be two boxes with numbers and these are your buy and sell boxes.
The long box will almost always have a lower price and the short box will have a higher one. In short, the price has to move a good amount of distance in order for you to win. This is true regardless of whether you're on the long or short side. How to understand betting odds What is Leverage in Spread Betting? Leverage means that you'll only need to use a little bit of capital in order to open a larger position.
In simple terms, this means you can put down a small deposit to open your position instead of having to pay a large amount. One thing to keep in mind, though, is that both profits and losses are much bigger because everything is determined by using the full trade value instead of the smaller deposit that you originally put down.
What is Margin in Spread Betting? There are two different types of margins in spread betting, which are deposit margin and maintenance margin. Deposit margin is the initial deposit you put down to actually open a position while maintenance margin is the amount you'll put in if your position starts accumulating losses that can't be covered by the deposit you put down.
The good thing is you'll get something called a margin call, which is just a notification saying that you need to add more money and the reason why. Moneyline Betting Explained Main Features of Point Spread Betting There are three main features of spread betting, which are the point spread, the favorite, and the underdog.
Keep reading to see a more in-depth explanation of these below. The bigger the spread is, the bigger the underdog will be. Every sport and match or game is different, so make sure you know how to read multiple point spread bet types. They use many things to figure this out, including how many people have bet on the team, how they've been doing during the season, how many players have been injured, and which team has home-field advantage.
The Underdog The underdog is the team that isn't as popular and has a lower chance of winning. They are the team that has the plus sign in front and they usually lose more games than the favorite. With that said, though, there's nothing that says they can't come out on top. The simple reason for this is because the sportsbook has the right to shift the odds and spread whenever they want. You have to remember they'll want to try and come out even, so they'll shift the odds and spread more towards their favor.
This is something you want to watch because you never know when it'll change. If possible, try and check the lines multiple times a day to ensure you're staying up-to-date on exactly what's going on. There are a few instances when it's a good idea to bet on a point spread. The first is when both teams are relatively equal because there's a higher chance that you can win your bet.
Another instance is if you're trying to get a larger return. These bets can give a great payout, but they can also cause you to lose a nice chunk of change. The final instance is when you know what you're doing and completely understand spread betting because placing a bet when you aren't sure what you're doing can lead to losing quite a bit of money. Benefits of Point Spread Bets Some of the benefits of these types of bets are listed next.
Don't have to choose a team to win Chance for a high return Point Spread Betting Strategies How to bet on Super Bowl Predict and Exploit Sometimes, an extra half-point or full point could mean the difference between winning and losing your bet.
The easiest way to do this is to watch the lines leading up to the game and decide if you want to bet now, later, or not at all. Remember, though, once you place your line bet, you're locked in and can't change it. All you do is take the games you think you'll be interested in betting on and put down what you think the spread will be. Once you have everything down, you'll be able to look at the actual lines and see how far off you were. Simply put, if you see that the lines are equal or more in your favor, place your bet!
The Public and the Sharps If you're planning on betting on the underdog, you should wait until a few days before the game.
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