What Does 10 To 10 Odds Mean?
We all know that the LA Lakers are expected to win this basketball game, but the odds are engineered to make it as even as possible. This is done to generate lots of interest in the sports match which a moneyline simply may not do. NBA point spreads and NFL point spreads are the most common applications for spread betting in sport. In basketball and football, odds makers don’t have preset limits on the margins of victory/defeat for these sports. Favorites often win games straight up but fail to cover the spread.
All you want to do is make a simple bet but all you can see are an assortment of team names with numbers next to them, all of which, for some reason, are 110 or higher. Some of these numbers have the plus symbol in front of them and others have minuses. At first glance, it can be pretty intimidating and you wouldn’t be the first person to give up right then and there.
In the case that you see a plus sign and a number, that side is the underdog in the matchup. The minus sign means that the final score will have the spread number subtracted from it. The plus sign means that the team’s final score will have the spread number added to it. That’s everything you need to know about the point spread in NBA, NHL, NFL and MLB sports betting.
If you placed a wager on the Patriots -8, you now need to overcome an additional point to win. Do note that when it comes to point spreads, the underdog number isn’t always shown. Rather, a sportsbook will most likely only display the favorite’s spread and it’s assumed the underdog’s spread is simply the opposite. Although each team may roster the same number of players, play by the same rules, or even run some of the same plays, the two sides are almost never equal in skill. To account for that inequality between the two teams, a point spread is used to handicap the two sides of a matchup. These types of bets are far less popular than money line bets for MLB betting, but still an important form of betting for baseball fans.
Soon enough it will be second nature, but for now ask a friend or search for a calculator that fits your betting needs. If the Broncos won 34-24, the bet would be a “push” and you would get your money back. That’s where the line opened, but then later in the week, much closer to game time, the line changed to the following. Sportsbooks and oddsmakers may very well change a point spread to keep the handicap even. Injuries, starting lineups, weather, and volume of bets on one side or the other are a handful of the reasons for a point spread to change.
Successful sports bettors are often found shopping for the best odds at the lowest risk. In our example, Tampa Bay Buccaneers are the favorites to win by 3.5 points in this game. You will notice that both teams have a -120 value associated with them. Teaser bets are usually available for basketball and football events. A teaser allows bettors to combine their bets on two different games and adjust the point spreads for the two games. However, the better will see a lower return in the event that their teams win.
5/3 odds equates to a +166 money line bet, meaning a $100 bet would return $266 (your original $100 bet plus $166). Most payouts for Over/Under bets are even, meaning that if you wager $100 you win $100 profit.Make sure to check this with your bookie first, however. This is what “taking the points” means in the world of sports betting. Although more attention is given to key numbers in football, they are worth paying attention to in basketball, too. Key numbers in basketball come into play less often than in football, but they’re still worth knowing what they are. In basketball, the most common margins of victory are between 5 points and 8 points, followed by 3 points and 4 points.