How to read gambling spread
Point spread betting is extremely popular in football and basketball. A point spread is a number oddsmakers use as a median between two teams or sides in an effort to generate betting interest on both of them. Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+, , +, etc) we will lay it all out for you and help you learn how the betting odds work. How NFL Lines Work How NFL Odds, Lines, Point Spreads and Totals Work When you wager on NFL football it’s important that you understand clearly and concisely how to read odds and how they work.
Sports Betting Odds
Vice versa, a team can win a game, but lose the wager if they do not win by more points than what was predicted. Just as with pro football, Bovada has a ton of point spreads for college football games each week. Understand that fractions greater than one mean a team is an underdog. It could be Dallas 54, New York 3, or any other point combination that adds up to 57 or more and your bet will win. Denver Broncos at Detroit Lions.
If your sports betting experience consists mostly of office pools during March Madness or a casual wager between you and a friend while you watch the Super Bowl, the transition to serious sports betting means learning how to read betting lines. The biggest difference between making the kind of casual bets mentioned above and placing wagers with online sportsbooks or at brick-and-mortar bookshops is the use of sports betting lines. Professional bookmakers, online sports betting exchanges, and sports betting facilities in casinos have a more complex system for offering wagers on sporting events, in part to ensure profit on the part of the book, and in part to present a standardized representation of odds.
What may look like a jumble of words, numbers, and punctuation is actually a precise and easy-to-read breakdown of the various odds and point spread details your book is offering. Here is a breakdown of each unit of information given above. Wagers on the point spread are among the most popular sports wagers in the world. Placing a point spread bet means gambling on how much a team will win or lose by.
In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7. Should the Cowboys win by less than 8 points, your bet is lost.
A wager on the Giants on the spread does not mean that New York has to win the game in order for you to win cash. You determine a winning or losing point spread by adding or subtracting 7. When you see a line with a full number instead of a number with a half point, your wager could end up as a push. In our example, if the line were 7 instead of 7. Most of the time, these two numbers will be the same, because oddsmakers want to set lines so that they get as much action on the underdog as on the favorite, guaranteeing them a profit.
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The most common type of sports betting odds used in North America are the American style odds which we explain below. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:.
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign. The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play. Again this can easily be converted into smaller or larger size bets. The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting? You will also get a Free Money Bonus at each sportsbook if you follow either link above. Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout.
For example it may look something like this:. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default. Featured Betting Sites For August 1. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams: Below is an example of MLB betting odds taken from an online betting site.
Consider the guidance provided by these scriptures:. Carefully weigh the implications of this powerful statement word by word! Ask yourself if the way you handle your finances is appropriate for meeting your needs and those of your family, or if you have become addicted to the pursuit of money itself.
It requires courage and humility to admit that you have crossed the line between being responsible and being addicted. Poor people, wealthy people and people of every financial status in between are susceptible to a gambling addiction!
Many poor people play lotteries in pursuit of the fantasy that winning will enable them to escape poverty. Therefore put to death your members which are on the earth: Reject the temptation to think that by gambling you can better things for you or your household; these scriptures expose that thought as a lie.
If we think that way, we are deceiving ourselves. Scripture also reveals the consequences of laziness: It can pull anyone—not just the poor—into the fantasy of believing he or she can get something for nothing. Even if gambling were beneficial, an honest person would have to admit that it is easy to come under its control. However, the truth is that gambling is not beneficial. This subject is not a minor issue.
Not to individuals, not to families, not to societies. Sadly, many governments ignore the downsides of gambling and increasingly use lotteries as a method of fund-raising. This only takes advantage of vulnerable people, instead of serving them.