How to Work the Odds in Sports Betting

In the land of the get rich quick schemes there is probably no more popular thought than the one where you think you can make one big play and score a ton of cash. For most this is essentially what they are trying to do when they start using sports gambling as a way to make some money. People don't understand that this is hardly a way to hit the proverbial lottery. However the smart gambler can use their wagering as a sort of sports betting money management account that can quite a bit of interest if done right. The first step in doing this is understanding the terminology.

Sports betting odds are sometimes the most confusing set of statistics the novice will ever see. If a team is the favorite then by do the odds show them with a minus in front of their number? If the USC Trojans are taking on the Arizona Wildcats and are favored by 14 points, the Trojans will show a line of -14. In this case the minus sign stands for "favored by" on the opposite side a plus (+) stands for the team being an underdog by as many points as follow that sign. Assuming you place your wager on the Trojans at -14, you are now hoping that USC will win the game by more than two touchdowns. If they do, you win your money. Should they win by less than 14, or outright lose, you have lost your bet. With most sports books, a win of exactly 14 points is considered a "push" and you win the money you wagered back, but no more.

Sport Betting

One of the other more popular sports betting types that gamblers love to play on is called the over/under. With this type the gambler is actually trying to accurately determine what the total points the two teams will combine to score will be. At first glance this often looks like the easiest way to make some money, but the over/under can also be the most heartbreaking line to wager on. Imagine if the over/under on a basketball game was 192 and you went with the under. With just under five seconds to go, the score was 100-90 and because you did not actually wager on who would win, you were feeling good. Then for no real reason, the losing team's player put up a long three pointer as time expired that went through the hoop and counted. With the final score 100-93, you just lost the under and your wager to boot. such is the life at US sportsbook sites.

How to Work the Odds in Sports Betting

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