How To Read Odds
Obviously, some math, team stats, and storylines are involved, but this all secondary to public perception. As well as being the biggest show in sport, the NFL is the biggest show in gambling. There are more new accounts opened with sports-books at the start of the NFL season than at any other time of the year. Each and every game in the NFL features a wide variety of betting, and here you’ll see a round-up of all the popular bet types. In the example, Philadelphia (-3) is favored by 3 points. Philadelphia must win the game by more than three points for the player to win his bet on Philadelphia.
If that person were to bet $300 instead, and Team A still won, they would win $200. The first thing to take notice of is the plus and minus sign in front of the number. The team with a plus sign in front of the odds is the underdog—in this case, Team B. Because of this fact, they can potentially earn a higher payout if they win. The number in the odds means something slightly different depending on whether it has a positive or negative sign in front of it. With its odds set at 130, Team B offers a $130 payout for every $100 bet on it. So if someone were to bet on Team B, and Team B won, that person would win $130.
Check out the number a sportsbook has put up for the total goals in a match; this is usually 2.5. There really are a huge number of possible outcomes you can place a bet on. This gives you the chance to place a bet on a certain player to win the Golden Boot, be it in their division or tournament. If you were to be on Leicester with a -1-goal handicap when they play, in this scenario, Arsenal need to win the match by at least two goals for you to win the bet. Manchester United are playing at home against Chelsea in the Premier League and you decide to place a Double Chance bet on Manchester United .
If you bet on over 2.5 goals being scored, you’re predicting the match will be higher scoring than usual, typically because a strong attack is up against a weaker defence. A popular bookmaker like William Hilloffers odds of 10/11 on under 2.5 goals being scored, and evens on more than 2.5 goals being scored. If you bet on the match producing over 2.5 goals and the final score of the match is 2-1 to Manchester United – a total of 3 goals, your bet wins and you’ll be paid out at 10/11. A bookmaker offers odds on a selection of possible final goal totals for a match. As a punter, you predict whether the number of goals scored during the match will be less or more than a total set by the bookmaker.
This is why the house wants equal action on both sides of the line when the odds are the same. It guarantees them a profit regardless of the game’s outcome. Over/under 2.5 goals is the most common market as far as the football matches are concerned, meaning that you can bet on over 2.5 goals to be scored or under 2.5 goals . With so many fans backing McGregor to win, the disparity between the odds of each fighter shrunk.
You wager on the outcome of the tournament or competition rather than the result of a single match. These bets usually settle slower because you have to wait until the end of the game. It is prevalent, and many bookmakers offer new customers promotions if they place a qualifying wager on even odds. The Asian Handicap type of betting is designed to even out the odds by adding a virtual advantage to the underdog team.