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American Odds Explained

A parlay bet is a group of spread, moneyline, or total bets combined into one bet to increase the payout odds. In order for the parlay to win, each separate bet has to win. Parlay odds offer bigger payouts than normal odds because they are riskier, since each individual bet has to win. A push is a bet that has no winning outcome from a betting standpoint. If a team is favored by 4 points and win by 4, neither side of the point spread bet would win.

The money line will always be listed to the right of the point spread on the odds board in a sports book. In the above example, the money line would probably be Chicago -250 and Detroit +200. To bet Chicago simply to win, you must wager $250 to win $100, while a $100 bet on Detroit would pay $200 if the Lions come through. Say the Bears are a six-point favorite over the Lions and the total is 42. To bet the Bears, you must “lay the points,” meaning they must win by seven or more to cover and give you the win.

This refers to the handicap line set by the sportsbooks in order to make the game equal. In NFL point spread betting odds, you might see one team priced at -110 to win by more than 9.5 points and the opposing team priced at -110 to get within 9.5 points. While there’s a certain level of uniformity to almost all sports betting lines in today’s world, odds can differ slightly from book to book. The primary reason this marginal difference may exist can be found in the types of bettors any given sportsbook caters to. These are more commonly used outside the US when the fractions used in fractional odds get a bit ugly.

This is why casinos and sportsbooks employ professional oddsmakers to set the lines that are most likely to draw equal interest on both sides of the bet. That way the casino makes a profit on the commission regardless of which team wins. As we said before, a bettor laying action on a -110 point spread line must lay $110 to win $100.

Added Game – A game not part of the typical menu of wagering offerings, often posted as an accommodation to patrons. Sports betting will soon be legal in 55 of Louisiana’s 64 parishes, and that means a whole new form of entertainment for millions of residents. Betwala delivers the most current Indian cricket news as they happen. Read play-by-play of your favorite Indian players and the matches.

The long downtrodden Browns have finally found some momentum after making the playoffs and even winning a road game – coincidentally, against the Steelers – in 2020. Get the most up-to-date information on Live Odds, Predictions, and Betting Trends from the sports gambling capital of the world. Get $60 worth of premium member picks from Doc’s Sports – a recognized leader and trusted name in sports handicapping since 1971. A push can occur either when a game results in a tie, or an over/under hits perfectly. Each book has the right to declare their own rules regarding a push, but typically, all bets are refunded. Betting on the over under requires that wagers be made on whether or not the final point total will be above or below the line.

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