Point Spread Betting
In this instance, your payout would be $210 if you wagered $100, and Tennessee wins by more than 3 points. Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7.
That way, if the match features four or more goals in any format your bet will be a winner. In exchange for increasing your risk, the sportsbook will give you a better payout than if you had bet on each of the spreads individually. At most sportsbooks, you can parlay spreads with moneyline and point total bets.
In other words, the total number of goals in a sports match is counted. If, in the end, it satisfies the bet condition, then a forecaster gets a profit on the corresponding odds. A parlay is a bet that is dependent on the combined outcomes of two or more wagers. The wagers can be a mixture of multiple bet types, including spreads, moneylines, and over/unders. For that reason, parlays tend to have higher payouts than each wager would if placed separately. Once you understand straight bets, you can start to explore more complicated bet types.
Following the eight rules we’ve discussed doesn’t guarantee a payout. As Kevin Garnett so eloquently put it, “anything is possible.” But those considerations will increase the chances of beating the house. So, take that newfound knowledge of spread betting and give it the old college try .
If there’s a positive sign next to the odds, that indicates the amount of money you would win if you bet $100. If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. Now if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100.
NBA bettors then wager if the Rockets and Clippers will score more or less than 226 points combined. There’s usually slightly more value on the Under in these cases because most casual bettors want to cheer for 3-pointers and dunks and bet the Over. They tend to look more at the teams playing rather than the exact number, which is a big mistake – all the key scoring trends and stats are already baked into the Over/Under. Bettors then wager on more than 45 combined total points or less than 45 combined total points between the two teams. Both bets require the player to risk $110 to win $100, indicated by the -110 in parenthesis. If you think rooting for each team to score every time they have possession is weird, try taking the under and rooting against teams to score for an entire game.