11/26/2022 0 Comments Moneyline vs spreadSalerno provides an example why somebody may prefer that to picking a side (a winner or loser). It's a wager totally independent of the game's outcome (spread or ML). People who wager on sports professionally (or try) will devise their own rating systems and use them to help identify what a line should be.Įver notice someone only rooting for offense or defense, regardless of who has the ball? He/she may have bet "over" or "under" the game's total, the total amount of points scored for both teams. Handicapping can be as simple or as complicated as you like. So, for example, in basketball, they play each other more often than they do in football, so you would use past performances for your handicap." Past statistics come into handicapping, and in some sports, past performances against that team. "In general, you look at applicable weather conditions, and in any sport, it's injuries. I mean every game is different," Salerno says. Do the Golden State Warriors play poorly on the second night of a back-to-back? Maybe you think that's just noise. Some people weigh certain factors differently than others. Handicapping refers to a person's approach to predicting a game's outcome. If you bet the Bucks ML and they lose the game by any margin, you lose your wager. So, you risk $100 to win $160, but only if the Bucks are victorious. You have to bet more than $100 to win $100 because the outcome of the Cavs simply winning the game is a lot more likely.Īnd on the other side, the Bucks, who are at +3.5 on the spread (or "getting" 3.5 points), would be somewhere around +160 on the money line (8-5 odds). That would be represented on the board (or on the mobile app) by -200, or 1-2 odds. "So in that same example, with Cleveland on the money line, just to win the game outright, you would have to lay, say, two dollars to win a dollar." "The money line is just who is going to win the game outright," Salerno says. The money line is straight up without the handicap. The person who bet on the Cavaliers (the "favorite") would have lost here, while someone else backing the underdog Bucks (or the "dog") would have won their wager, despite the Bucks losing the game. Someone betting on Milwaukee would win there because the Bucks "covered" the spread - by either winning outright or by losing by three or less. So suppose the Cavs edge the Bucks 93-90. If they only win by 3, then someone betting on the Cavaliers would lose their wager." That means that Cleveland has to win by three and half or more points. "For example, let's say the Cleveland Cavaliers are playing the Milwaukee Bucks, and the Cavaliers are a 3.5-point favorite. "A point spread is a number of points by which one team is favored over the other," Salerno explains. The most popular ways are to bet one team using the "point spread" (or spread) or to bet the outcome on the "money line" (ML). There are a few basic ways to bet on the result of a game. What are the point spread and the money line? Joining us to cover some ground is Vic Salerno, a pioneering Nevada sportsbook executive and current President of US Bookmaking and US Fantasy Sports. Start by doing some research online, learning a bit of sports betting terminology and about types of wagers available at sportsbooks. You may find a patient clerk at the sportsbook counter who can explain some basics, but it's always better to go in with an idea how it works. You've walked into a sportsbook, you're staring at a wall of orange and green letters and numbers and it looks like hieroglyphics. With that in mind, let's look at sports betting basics. By the end of 2019, that figure could grow, giving residents and neighbors in 12 to 14 states access to legal sportsbooks and legal online/mobile wagering as well. The conservative estimate here is that by the end of 2018 eight or nine states will have licensed sportsbooks allowing full-fledged sports betting (straight wagers, parlays, futures and more) at casinos, racetracks and possibly in retail locations, such as gas station convenience stores. Following the Supreme Court's ruling that PASPA is unconstitutional, numerous state legislatures are discussing - or already have passed laws - that will allow sports betting at brick-and-mortar casinos and racetracks, as well as online.
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