Sports Betting Terms And How To Bet On Sports
A pick’em is a betting offer in which there is no favorite or underdog. This can occur on Point Spread bets where the line is set at 0 points . A ‘Parlay’ bet is a bet placed on multiple outcomes all to occur. For a Parlay bet to win, all outcomes within the Parlay must be selected correctly. The odds for each pick are multiplied by one another to determine the odds for the Parlay.
Upsets happen, though, and good handicapping will often isolate situations where the likelihood of an upset exceeds the risk of the bet. In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you. Understand that negative odds indicate how much money your must spend to make $100. When betting on the favorite, you take less risk, and thus earn less.
Unlike points spread which is based on who wins and by how much, a moneyline bet does not consider points spread. The US-Bookies team is passionate about the developing sports betting industry in America. Follow us for news, sportsbook offers, market updates, and product reviews. In this example, the 49ers carried the plus sign and were, therefore, the underdog. The Chiefs took the minus sign and were, hence, the favorite.
Most often, the information enters the market in the form of bets. These bets move the market because the sportsbooks respect the opinions of these accounts. For example, imagine in the 49ers/Lions game listed above that the sportsbook became inundated with a flood of Lions +7.5 money. Instead of immediately adjusting the line to +7 they might list the Lions +7.5 (-120). Thus, even on the road, the 49ers rate as -7.5 favorites at DK Sportsbook.
The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team.
Continuing with our example, you would win $165 on a $100 wager on the New York Mets, for a total payout of $265. The number beside the negative (-) sign indicates the amount of money you must wager in order to win $100. Continuing with our example, you would have to wager $185 on the Washington Nationals in order to win $100 and receive a total payout of $285. As you can see right away the odds for each team have a positive or negative sign and a number. These are both very important aspects of the American odds format and they will be explained in detail below.