How much does an unfavorable wagering series mean?

Basics Of Moneyline, Against The Spread Ats & Over Under

Imagine in the above example you took the Lions at +17.5 then watched them run the kickoff back. Now, you can take 49ers -11.5 and have a chance to win both bets if the Niners win by 12-17. In legal sports betting, wagers that end in ties are referred to as a “push” and all money bet is refunded. Ties are not factored into the odds but understanding how they work will help you as a bettor.

If that person were to bet $300 instead, and Team A still won, they would win $200. The negative number indicates how much you’d need to bet to win $100. If the number is positive, you’re looking at the underdog, and the number refers to the amount of money you’ll win if you bet $100. It’s up to you to compare betting odds and pick your betting market. If you’re new to sports betting, we’d recommend sticking to ‘safer’ bets with lower odds until you get to grips with how it works exactly. A parlay wager is a single bet that is linked with two or more wagers.

It’s rare for two fighters in MMA to both have negative value odds, but it does happen when two extremely evenly matched fighters fight against each other. The fighter with the negative value is ‘usually’ considered the favorite, and if both fighters have a negative value, then the fighter with the higher number is the favorite. It works like a handicap where the underdog is given a +1.5 goal advantage. They are sometimes referred to as European odds, or continental odds. Get $60 worth of premium member picks from Doc’s Sports – a recognized leader and trusted name in sports handicapping since 1971.

Let’s say boxer Gennady Golovkin receives 8/13 odds in an upcoming fight with Canelo Alvarez. These odds suggest that if this fight happened 21 times (8 + 13), Golovkin would lose 8 bouts and win 13. If you think their chance of winning is higher than that, this bet is worth serious consideration.

They are expressed as numbers greater than 100, and they can be either a positive or negative number. Congress banned sports betting in 1992 while allowing it in four states — Nevada, Delaware, Montana and Oregon — that had already been offering it. Las Vegas is the most popular destination if you want to make a bet on college football, where the number of ‘sports books’ is many. In this kind of bet, the odds are set at the beginning of the season, but they can go up or down as time goes on. Once you make your bet, however, it is locked in at whatever the odds were at the time you placed the bet.

In the above example, the total, or “over/under,” in the Bills-Jets game is 49. You can bet whether the final score will come in over or under that total by laying $110 to win $100. Parlays – these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. Parlays involve wagering on two or more games on the same bet following the casino’s pre-determined payout scale.