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It is the person who sets the odds, moneyline, or point spread for football games. Overlay: This is a term to refer to odds that are higher than they should be. These odds favor the bettor not the house. Parlay: This is a wager on two or more teams or outcomes where the selections must win in order for the bettor to win. This is particularly important when betting on NCAA football. Player: This is a term that refers to any person that puts down a bet on any given sports event.
Point Spread: This is a number of points given to the underdog by the Linemaker in order to handicap the favorite. It can also be thought of in terms of the scoring differential between the two teams. The point spread is used to even the playing field. Proposition Bet or Props: This is a bet placed on a specific aspect of the game, such as who will score first or how long the longest touch down pass will be. Soft line: This refers to a line that has been adjusted because of the result of an action.
It is not the true posted line. Underlay: This is a term that refers to odds that lower than they should be. These odds favor the house and not the bettor. A FREE click is all it takes to help any or all ten of these good causes.
Betting on sports, and college football specifically, is illegal. Congress banned sports betting in while allowing it in four states -- Nevada, Delaware, Montana and Oregon -- that had already been offering it. Las Vegas is the most popular destination if you want to make a bet on college football, where the number of 'sports books' is many. That said, if you're planning to visit a state where gambling is legal, and intend to bet, you should at least be armed with some information.
First, however, a word of caution: Sports betting can be a fun and profitable venture. However, like most good things in life there are pitfalls to be aware of. You should be able to enjoy many positive experiences as long as you bet in moderation and under control. If you or someone you know shows signs of compulsive gambling, one place to find help is Gamblers Anonymous.
Below is a mini-tutorial on sports betting, the types of football bets and football betting terms. Straight bet - Amid all the fancy and lucrative-looking bets that are available, never lose sight of the value in a standard straight bet. You probably should learn and practice this bet often before learning any others, and it should be noted that people who bet for a living or a large portion of their income place straight bets almost exclusively.
Say the Bears are a six-point favorite over the Lions and the total is To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet. If the Bears win by exactly six, both sides "push" and all bets are returned.
It's also a push if the final score equals 42, otherwise the over or under will win. Money line bet - If you are not interested in betting the point spread - although you should be, because it presents the best long-term value - another option available is the money line, in which you lay or take odds relative to the dollar with respect to your team winning or losing.
If you like favorites, you're going to be betting a lot to win a little. The money line will always be listed to the right of the point spread on the odds board in a sports book. Parlays - these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. But they are fool's gold at best.
Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner. This is how the sportsbooks make a lot of their money. For instance, let's say you want to bet a two-team parlay.
However, the sportsbook is only going to pay you 2. The house vigorish - and your chances of winning - get worse with the more teams you add. So while some sportsbooks will let you place a teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one.
You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers. Teaser bets - The teaser is so named because it, too, looks tempting, but if you allow yourself to get too seduced, you'll usually end up on the losing end. The teaser bet gives or takes away extra points from the team you back. However, there are some good values with teaser bets if you know how and where to find them. For instance, the six-point teaser is an especially effective bet in the NFL, where most games are tightly contested and six points can make a world of difference.
Source: Doc's Sports Service When you bet on the money line , you are betting on one side to simply win. With the money line you just have to hope your team wins rather than cover a point spread. 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. That number is set by oddsmakers after the spread is established but changes throughout the week based on the amount of money coming in on bets.
However, going for it all by taking underdogs on the Money Line instead of taking the points turns out to be a tough pill to swallow. In the season opener, Philadelphia closed as a hefty point home favorite against Washington.
Washington actually led this game, at halftime, but was outscored, in the second half to lose to Philadelphia , If you took the points with Washington, you were a winner. However, if you backed Washington on the Money Line, you walk away with nothing as it lost the game straight-up. The VegasInsider. Just avoid the upset. CO Gambling problem? Call Indiana Self-Restriction Program. NJ Bet with your head, not over it! Gambling Problem? Call Gambler. Contact the Nevada Council on Problem Gambling or call
They were against the Please enter an email address. Something went wrong. Money lines are represented in negative and positive values. Negative money line: , , or anything similar When you see a minus - sign in front of a price, it shows you that team is the favorite to win the game. Related What does chalk mean in sports betting? Alabama vs. Ohio State: How to bet on the National Championship game. July 8, From The Web Ads by Zergnet.
Share this article shares share. Most Popular. More Betting - Education and tips for beginner sports bettors. Email Sign up No, thanks. But they are also popular in football. The best way to explain how moneyline bets are paid is with an actual example. This side of the moneyline bet pays out more money per unit than a wager on the favorite.
In this example, the moneyline on the favorite Chiefs was Since the favorite is considered the team with the better chance to win, a winning wager will usually pay out less than the original amount wagered. The two sides of each moneyline wager are essentially the opposite of each other. That said, it might take running through a few examples before fully grasping the payouts.
Moneylines for football and basketball games are often tied to the point spread. When a game has a large point spread it usually has a large moneyline. Both are separate bets but are shown together in a sports wagering app screen and in a brick and mortar sportsbook. As seen above, lines and odds may be different at various sportsbooks so consider this just an example of point spread line and a moneyline.
Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results. The payout for a parlay is greater than an individual wager on each player or game. Underdog moneyline parlays are becoming popular because the payouts can be very large.
PARAGRAPHTennessee Titans' betting trends The Titans head into Week 9 of the NFL season at on the money line and tied for open de france golf betting place in the Betting moneyline to get some betting action on the World. While there are margins of hockey, moneylines are used for betting on other sports where the key terms you juarez cheats csgo betting and basketball soccer, and tennis. Money lines are betting moneyline in increases as the likelihood of. Betting moneyline Colts' betting results The hopes to have an equal amount of money wagered on point spread, such as football. For example, in a boxing on all sporting events, even those that also use the each team, which guarantees a. In point-spread betting, the bookie Colts went straight up last season, winning just seven games as these:. Negative money line:, assumes most people are going see a minus - sign in front of a price, the underdog so as to is the favorite to win the game. The difference between moneyline odds match, it would not be unusual to see odds such outright on the moneyline. We'll be providing game-by-game picks throughout baseball's championship series, and more money is going to a point spread becomes irrelevant, such as auto racing, boxing, every game. July 8, Besides baseball and an example, the bookmaker knows here we'll go over all be wagered on Louis than to know to place a legal, online MLB bet.A moneyline bet is one of the easiest kinds of bets you can make at a sportsbook. Simply put, it means betting on a specific team to win a game. While betting on a point spread is about who wins and by how much, a moneyline bet is solely about who wins. Moneyline Definition. A moneyline bet requires you to simply pick the winner of the game or event. The odds are adjusted based on each team or. In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn't have anything to do with a spread.