Sports Betting 101 Pdf
When looking to bet an individual basketball or football game against the spread, you will traditionally have odds of -110. That is the industry standard. In some circumstances, oddsmakers will shade the vig (i.e. the 'juice') toward one team to attract some bets toward a certain side and help them balance their books. For example, 3 is a very important number in football because more games finish with a winning margin of 3 points than any other potential outcome. Oddsmakers are very careful with creating point spreads around the number 3 because of how often games end with a 3-point margin. So instead of moving the point spread from -3 to -2.5 or -3.5, oddsmakers will keep the spread at -3 and shift the odds from -110 on each side to -105/-115 or +100/-120.
Sports Betting 101: Understanding Basic Sports Betting Terms. October 3, 2018 Teddy Covers 0 Comments How to Place a Bet at a Sportsbook, Sports Betting, sports betting terms. Understanding Basic Sports Betting. Sports Betting 101 - How to bet on Sports. Whether you are new to the sports betting industry or have been in the game long enough to know a good spot from a bad spot, we've all, at one.
Soccer Betting 101
The reason oddsmakers are so careful with moving the 'juice' and not moving the actual point spread is because they don't want to get middled. Middling occurs when groups who bet on the favorite AND the underdog at different point spreads both win. If Group A bets on the favorite at -2.5 and two days later the spread is up to 3.5, Group B swoops in to take the underdog at +3.5. If the game ends 17-14, both groups have just won.
Sports Betting 101 Pdf Template
Sports Wagering 101
If you are serious about taking sports betting beyond a fun, recreational hobby, it's important to have access to multiple sports books, if possible. Making sure that you are getting the best numbers at the best odds will help you become a profitable long-term bettor.