A point spread is a type of bet ultimately based on the margin of victory of a game or match. It is a function of sports betting used to make every matchup one of nearly (or exactly) equal probability by setting the margin of victory by the favored team. Minus means favorite and the number following the minus-sign is what you need to bet in order to win $100. Therefore, Jones is a -600 favorite and to win $100 on him, you must bet $600. He is the underdog, meaning you stand to win more than you bet. Like in boxing, a draw leads to all bettors receiving their bet amount back, unless a draw is an option you can bet, in which case all bets on the fighters lose. Betting is popular across the US, with many forms taking differing priorities.
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Run line betting is the baseball equivalent of point spread betting. A run line bet allows bettors to wager on the margin of victory (or loss) between two baseball teams. If the team has a minus sign, that means they’re the favorite and they’ll have to win by the specified number or more for you to win your bet. If the team has a plus, that means they’re the underdog and they’ll have to either win the game or lose by less than the specified number for you to win. As we said before, a bettor laying action on a -110 point spread line must lay $110 to win $100. The oddsmakers want equal action on both sides because if they can do that, they reduce the risk of taking any big losses and guarantee their profit on the juice from each bet. Since that landmark ruling, over 30 states have embraced sports betting, including wagers on the NBA.
Taking advantage of a nickel line can give the savvy bettor an edge in both the short and the long run. Therefore, the expectation they predict is supposed to be like betting on heads or tails on a coin flip. Keep reading for more detailed explanations of what the plus and minus signs mean and how to read them. Reading odds lines and understanding the concept of -110 is nowhere near as complicated as it seems.
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The bookmaker can handicap the Cavaliers by 20 points, which creates our line bet. A straight bet is a single bet on the outcome of a game or sporting event that is determined by a money line or point spread. The quality of the live betting experience was also a significant factor, along with the ease of navigation and user interface.
If Team B has -140, it means you’ll have to bet $140 to win $100. It’s relatively easy to understand and you just have to remember what the plus and minus signs mean. With this betting type, you’ll see odds that have a plus sign or minus sign. The team that isn’t favored to win has a minus sign and the favorite has a plus sign.
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Not all sports betting sites accept these wagers, but our top pick Bovada does. To even out the wagers the sportsbooks receive on the game, oddsmakers set a point spread favoring Tennessee to win by 8.5 points. The spread can and will vary slightly across different sportsbooks, but 8.5 was the general consensus. That means when a point spread wager on the Titans is placed, Tennessee would have to win the game by 9 points or more, i.e. to cover the 8.5 point spread.