![[图: football-making-online-money.gif]](https://i.ibb.co/tzTJtw6/football-making-online-money.gif)
![[图: Visit-website.png]](https://i.ibb.co/KX93qVN/Visit-website.png)
How Does Sports Betting Work? Doc’s Sports Provides the Answers.
Sports betting has become a phenomenon across the world. People all around the world will put wagers on a sporting event to create more excitement around a game for themselves. Let’s face it, you wouldn’t watch a 1-10 team play a 2-9 team without placing a wager. But once the wager is in, you’re absolutely tuning in and watching every second.
Free $60 in Member Picks No Obligation Click Here.
Who creates the betting lines that are used by sportsbooks?
Most sportsbooks have in-house oddsmakers that are in charge of creating betting lines in the weeks before games, especially when it comes to Opening Day or the NFL. In baseball, the oddsmakers are required to make the lines daily as games never seem to stop in the summer with the MLB.
Years ago, the oddsmakers didn't have that much information to look at when trying to make betting lines. Now there are analytics everywhere to come up with all of the lines much more accurately.
Back then, oddsmakers would really only have box scores to look at. Now oddsmakers can look up anything and everything which gives them an advantage over the average bettor. Of course, records and things like the weather are important, but deeper stats mean so much more to oddsmakers. They’re able to develop systems to figure out exactly how much a team will score and such. You know the saying, “Vegas is always right.” Unless you follow Doc’s Sports picks. Then it’s different.
How Lines Move.
When a game starts out at -3 for a team and the line changes to -2 before the game begins, that means that there’s action on the game or an injury to a key player. There are "sharp'' bettors that place a large bet on one team that forces oddsmakers to raise an eyebrow and switch the lines. An oddsmaker is always watching action to see if a change is necessary on the lines. Popular Ways to Bet.
Point spread.
A point spread is a handicap where you essentially give or receive points on top of the actual outcome of the game. The spread basically looks at how a sportsbook or oddsmaker thinks about what the outcome might be. For example, in an NFL game, if the Kansas City Chiefs are -3 on the spread, the oddsmakers believe that the Chiefs will win their game by three points. If your data and analysis say otherwise, you would be on the opposite slide and gain three points from their opponent. So, if you bet on the Chiefs with the spread, you would have needed them to win by more than 3 points to cash your ticket. If the score was 27-21, Chiefs, you would win your bet. But if it was 23-21, Chiefs, you would lose because the other side gained three points and won 24-23 theoretically. Betting on spreads allows you to pick a team to win with better odds. If you were to just pick the Chiefs to win that game, you would have to lay a lot of money on the Chiefs. Picking them against the spread gives you a chance to make money near an even line.
Moneyline bets:
Moneyline bets take some stress away. With a moneyline bet, you only need your team to win the game and don’t need to worry about how much they do it by. We’ve all been there where we’ve taken a team to win by 7.5 and then a team wins by just seven. Those are the worst bad breaks and losing bets possible and not fun to endure. After the game, you’ll then wish you had been on the moneyline instead. Those absolutely sting.
The problem with money lines is that you will have to lay a lot more money on the team to win. On heavy favorites, you’re looking at putting down $300 just to win $100 on teams that are -300 American odds. If the San Francisco 49ers were -300 against the Minnesota Vikings, all you would need is for the 49ers to win the game. However, if they are upset, you’d lose $300 trying to win just $100. Heavy money lines are very scary if your team doesn’t perform like they should be or how they were projected to.
Point total bets.
With totals, or over/under betting, you don’t need to worry about who wins the game. You’re worried about how many points are scored in the game. For example, if you bet over 52 points on the New York Giants against the Philadelphia Eagles, you’d want the combined score between the two teams to be more than 52 points. Therefore, if the score was 35-28, you would have 63 points and score over 52 points. If the score was 17-14, you would have a total of 31 points and the total would go under. Therefore, you would lose the wager and the bet.
You don’t only have to bet on the total for the game, but you can also bet on the team total for a certain team. If you’re not sure about one side but you love the other side, you can isolate a team and bet their team total.
Proposition bets:
Many people make their money on proposition bets. Prop bets are available for most sporting events, and you can bet anything from a team’s total to how many yards a player will rush for to how many touchdowns a player will score. Prop bets are like playing fantasy sports but with odds.
Prop bets are extremely popular during the Super Bowl, where people go as far as betting on how long the National Anthem will be. There are some ridiculous props like what color Gatorade will be poured on the winning head coach. Unless you have insight on those bets, it’s hard to have concrete analysis for that. You’re basically just trying to hit the lottery.
Doc’s Sports is offering $60 worth of member’s picks absolutely free – no obligation, no sales people – you don’t even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc’s Sports list of expert sports handicappers. Get $60 worth of premium members’ picks free.
How a Moneyline Works in Sports Betting.
For beginning sports gamblers, moneylines (sometimes called money lines or American odds) can be confusing. Unlike point spreads, which are concerned with who wins and by how much, a moneyline is solely dependent upon who wins. Moneylines are used most commonly in low-scoring games like baseball or hockey, but they may also be used in boxing and other sports.
How to Read a Moneyline.
Simply put, a moneyline tells you how much you have to wager in order to make a profit of $100. Consider a hypothetical baseball game between the Chicago Cubs and the Los Angeles Dodgers. When looking at the moneyline for the game, a bettor will see something like this:
In this instance, the Dodgers are the favored team, as signified by the negative numeral. It would cost you $130 in order to collect a $100 payout on a Dodgers victory (plus the original wager of $130). But if you bet $100 on the Cubs, you'd collect $120 if they win (plus the original wager). In other words, you'll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet.
It's important to remember that even though moneylines are expressed in units of $100, you do not have to bet that much money. The moneyline will work just as easily with a $5 or $10 wager as it does with $100.
Moneyline Uses.
Besides baseball and hockey, moneylines are used for betting on other sports where a point spread becomes irrelevant, such as auto racing, boxing, soccer, and tennis. While there are margins of victory in some of these, they are so small that it would be impossible to create a point spread for every game.
The difference between moneyline odds increases as the likelihood of the favorite winning increases. For example, in a boxing match, it would not be unusual to see odds such as these:
In this instance, those betting on Joe Louis are being asked to risk $700 to win $100, while Ray Leonard backers are risking $100 to win $550.
Moneylines Versus Point Spreads.
In point-spread betting, the bookie hopes to have an equal amount of money wagered on each team, which guarantees a profit. In moneyline betting, the bookie assumes most people are going to wager on the favorite and sets the line on the underdog so as to cover any potential losses on the favorite.
Using the Louis-Leonard fight as an example, the bookmaker knows more money is going to be wagered on Louis than Leonard because Leonard's chances of winning are much greater. If bettors collectively wager $14,000 on Louis, the bookmaker must also receive $2,000 in wagers on Leonard to cover his payouts.
If Louis wins as expected, the bookmaker will take the $2,000 from the losing Leonard bettors and pay off the winners. But if Leonard pulls off the upset and wins, the bookmaker will take the $14,000 from the losing Louis bettors, pay $11,000 to the Leonard bettors, and keep $3,000 in profit.
Moneyline betting is generally offered on all sporting events, even those that also use the point spread, such as football and basketball. In these instances, you'll have to do some quick math to see which form of oddsmaking promises a greater payout, if any.
Sections.
Advertisement.
What do sports betting lines mean?
Share this article.
If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding.
But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with …
Spreads.
It would be really easy to bet on a game if you could put money on a heavy favorite to win.
That’s where point spreads come in. Let’s look at an example:
In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs.
Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points.
If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is.
Moneylines.
Let’s take that same example above but use moneylines:
The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100.
Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.
If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this:
New England Patriots — 3/1 Baltimore Ravens — 5/1 Kansas City Chiefs — 8/1.
If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.
How Sports Betting Works.
Sports betting is illegal throughout most of the United States, common throughout much of Europe, and an everyday part of the gambling industry in Nevada. It's difficult to figure out how much money is bet on sports in the United States since the majority of it is done illegally, but experts estimate a "handle" of more than $200 billion annually [ref].
Simply placing a bet can be a confusing affair -- sports books have their own lingo, and the systems vary. Figuring out how to bet well enough to make some money is another matter entirely. How are the odds determined? Who sets the line? What percentage of the time do you need to win to break even?
In this article we'll explain the important elements of betting and odds making, trace the history of betting in the United States, and show why betting on sports almost always results in losing money in the long run.
Sports Betting Basics.
Different sports have different systems for oddsmaking and betting. There are even different systems for the same sport, depending on what kind of game the bettor wants to play. But to understand any of these systems, you first have to understand the jargon.
Action - Action is simply betting activity. Phrases such as "I want in on the action" or "Show me where the action is" come from this term. Since betting on sports is illegal in many places, you can't always look up your local bookie in the phone book.
Handicap - In sports betting, "to handicap" is to give one team a points advantage in order to level the betting field.
Handle - The handle is the total amount of money wagered on bets. Super Bowl betting generates the biggest handle of the year for most bookies.
Sportsbook - An establishment that takes bets, also known as a book. An individual who takes bets is a bookie.
Juice - This is the percentage of all bets taken by the bookie as profit. The juice is also known as the vig , short for vigorish. Sometimes bookies take a straight percentage of the handle, but more often the vig is figured into the odds.
The spread - The point spread is used in high-scoring sports like football and basketball. It is basically a handicap used to make all games competitive in the eyes of bettors. The spread gives one team an advantage of a few points. Standard notation for the point spread shows the favored team first, followed by a negative number (the actual spread). The home team is shown in capital letters. So if Buffalo was playing against Green Bay in Green Bay, and they were favored to win by seven points, it would look like this:
If someone bets on Buffalo to win, Buffalo would actually have to win by more than seven points for the bet to pay off. It's as if Green Bay were given a seven-point lead at the start of the game.
The money line - In sports like baseball, scoring isn't high enough to use a point spread. The money line is used instead. A money line listing might look like this:
Sometimes the decimal point is left out, so 120 is the same as 1.20. If you want to bet on the favored team, the White Sox, you have to bet $1.20 for every $1 you want to win. If you want to bet on the underdog Astros, you have to bet $1 for every $1.10 you want to win. This is known as the dime line, because ten cents separate the favorite from the underdog. Most bookies offer a dime line, although it can increase to a 20 cent line or greater if one team is heavily favored.
If the money line seems confusing, think of it as a simple pricing system. You want to win a certain amount of money on your bet. Chances are greater that the favored team will win the game, so it costs more to bet on the favorite to win that amount than it costs to bet on the underdog.
Here's an example: Imagine that using the money line above with the White Sox and the Astros, you want to win about $100. If you place your bet on the favored White Sox, you will pay the bookie $120. If you win, you get your $120 back, plus $100 in winnings. If you lose, the bookie keeps your $120 (technically, bookies collect on losing bets after the game most of the time, but for our example we'll assume the bet is prepaid). If you bet $100 on the Astros, you'll get $110 in winnings if they win, and only lose $100 if they lose.
Pick'em - Sometimes money line games will be listed as "pick" or "pick'em." This means that the teams are considered equal, and the line on both teams is -1.10. Betting on either team requires $1.10 per $1 in potential winnings [ref].
Pools, cards, and parlays - A parlay is just a combination bet. Instead of making five separate bets on five different games, the bettor places a single parlay bet, hoping he or she can predict the outcome of all five games. If any one of the games is a loser, the entire parlay is a loser. The payout is better for parlays, because the odds of successfully picking multiple winners are much tougher to beat [ref]. Most people are familiar with parlays through office betting pools or football cards. If you've ever paid $5 to select your winners from a list of that week's football games (sometimes using the spread, sometimes using the straight scores) in hopes of winning the weekly prize, then you have made an informal parlay bet. Office pools don't usually involve actual bookies beyond the person who organizes the pool, and no one takes juice from the pool. All the money is distributed to the winner or winners.
Next, we'll find out how oddsmakers set the line and figure out the spread.
What's the difference between an oddsmaker and a bookie? A bookie's job is purely mechanical. He gets the line from Vegas or another source, offers bets at those odds, then collects money from the losers, pays out to the winners and keeps the vig. Oddsmakers don't actually take bets -- they study the games and set the lines. Bookies often adjust the spreads for their games, so they do a little oddsmaking, and oddsmakers work for casinos, which operate sports books that take bets.
Statarea weekend correct score
fixed matches under 2.5
Correct score tip of the day
Tips for picking fantasy football team
Best picks for nfl today
Online betting canada legal
Betmagic prediction
Sites that predict football correctly
Nfl draft 2020 big board
Ht ft tomorrow
Steady win prediction
Betting strategy sports
Nrl betting odds
Top 5 online sports betting sites
Soccer winner soccer prediction
fixed games scandal
Best fanduel lineup week 9
Nfl draft 2020 rankings
Windrawwin prediction
Ncaa football odds and predictions
Sportsbooks reddit
Real cricket 18 bowling tips
Fanduel new jersey sportsbook
Nhl stanley cup finals odds
Betting facts
Worst nba 1 draft picks
Suresh raina csk captain
Win Fixed Matches
Golf betting bias
Usa today mock draft nfl
Fixed matches sure 100 10 3
Fixed Soccer Bets 1?2
Ipl fixed match 2020
Nfl sports picks
Duke basketball point spread
tab sports betting nz
betting odds 1 210 payout
online sports betting tax irs
nj sports betting
ufc 92 betting odds
college football betting odds usatoday
about sports betting
software sports betting
problems with online sports betting
masters golf betting odds
betting odds 1 210
for nfl betting odds
predictive sports betting software
online sports betting odds
survivor betting odds
prime sports picks
sports betting blogs
reading betting odds
better bet sports betting online
mcfarlane sports picks variants
nfl sports picks over under
sports betting babes
final four betting odds
free sports picks cappers access
sports picks for gambling
colorado west virginia betting odds vegas
live sports betting chart
photography sports tips
make money sports betting
sports betting blos
online rugby sports betting
is sports betting legal
100 block sports betting grid
sports personality 2021 betting odds
online sports betting usa
online sports betting scams
![[图: Apwfelx.jpg]](https://i.imgur.com/Apwfelx.jpg)
![[图: 500x500.jpg]](http://essayerudite.com/images/banner/500x500.jpg)
![[图: Glucotrol.png]](http://tops24market.site/eu/Glucotrol/Glucotrol.png)
![[图: qP4UXql.jpg]](https://i.imgur.com/qP4UXql.jpg)
![[图: osasqAD.jpg]](http://i.imgur.com/osasqAD.jpg)
![[图: JmbvZYd.jpg]](http://i.imgur.com/JmbvZYd.jpg)
![[图: sUCUGxK.jpg]](http://i.imgur.com/sUCUGxK.jpg)
![[图: ezOEU3f.jpeg]](http://i.imgur.com/ezOEU3f.jpeg)
![[图: 3TE3Dll.jpg]](http://i.imgur.com/3TE3Dll.jpg)
![[图: Ginette.png]](http://tops24market.site/eu/Ginette/Ginette.png)