We have titled this Sports Gambling For Dummies since it’s an instructional exercise for the individuals who want to begin betting on sports. We’ve all been in the situation of gaining some new useful knowledge. Don’t be humiliated in the event that you don’t understand some of these things right away.
How to Read and Bet Point Spreads In Sportbook
If you are having trouble keeping track of the language and other basics of agen judi hokibet99 gambling, you have come to the right place. This article will focus on things like how read sports odds, what does minus/plus mean, giving points/taking points, and more.
You may look at that and be intimidated and feel helpless, but I’m going to decode this little bugger for you. This is the betting line – not the odds. The odds are what you are to be paid (covered later).
1. The Point Spread and Totals
Whenever you see a team with a (-) negative number next to them, (-5 in this case), it means that team is favored to win by that number of points.
The number after the matchup (190) is the projected total points to be scored by both teams added together. There are two options here. A player can choose to bet on the matchup, either San Fran -5 points or Cleveland +5 points.
For the player who wagers on San Francisco +5, they must win the game by more than 5. For those who bet on Cleveland -5, they must either win the game or lose by less than 5 points for this to win the bet. If the outcome falls on the number, the bet is declared a “Push” and your original stake amount gets refunded.
See, that wasn’t too difficult, was it?
Sometimes you will see the points displayed as half numbers like San Fran -5.5. If you bet on San Fran, and they win by 6, you win the bet. If they win by 5 or less, you lose. Clear? If not, submit your question in the form at the bottom of the page and ask me. I’m here to help.
Okay, so the other sports gambling option available to you is the total or ‘Over/Under.’ You can choose to bet that the total points between the two teams will either be greater (OVER) or less than (UNDER) the projected total. Again, if you bet either way and the game ends up being 93-97, for a total of 190 points, then you will receive a refund of your wager daftar slot online.
2. The Moneyline or Straight-Up wager
This is where you simply wager on which team will win the game outright, no point spreads, no BS…just the straight up winner. Although this may appear to be easier, you will pay for it as the odds (payout) will reflect the lack of a point spread. If you wager on a favorite, then you will win less than with a point spread. If you wager on the underdog and win you will receive and even greater win amount based on the higher risk taken.
3. How to Read Sports Betting Odds
The next step when sports gambling is to decide how much you will bet, and how much you will win. There are three ways that you will typically see odds displayed, as a fraction 2/1 (or 2 to 1), as a decimal 2.00, or “American Style Betting Odds” +100.
For reading the fraction odds, I strongly recommend converting them to a decimal. To do this, you take the first number and divide it by the second. So if your odds read 7/4, you simply divide (7) by (4), which equals 1.75. That is the decimal form odds, now you simply multiply (1.75) by whatever your wager amount is to figure out your potential profit. In this case, if you were to risk $100, then your potential win would be $175 profit! Also, you will receive your initial bet amount of $100, for a total of $275.
Now for American Style Sports Odds. Typically, when you are betting on the point spread, as in topic #1 above, the odds are displayed or implied to be (-110), which is known as American Style odds. The American Style odds format is based on $100. When the number, is displayed as a negative number (-110), it indicates how much money you must risk to realize a profit of $100. In our scenario, you must wager $110 to win $100 profit. If you do, you will receive $210 when you cash in…the winning amount PLUS your initial wager amount.
When you see the number displayed as a positive number such as (+150), it indicates how much money you will profit if you RISK $100. So, if you wager $100 on a team that pays (+150), and you win, you will receive $250. That is the $150 that you won, plus your $100 original stake returned.