You only need to consider the possibility of a push when betting against the spread or placing a totals bet.
If a push does occur, you will simply be refunded your money. It will not count as a win or a loss. Here is an example: If this game were to end for Cincinnati, neither team covered the spread and will be considered a push. Sharp bettors are informed bettors, and not all sports are created equal. Consider checking out our comprehensive guide covering how to bet on sports before you lay down your first wager. He has contributed to SBD since Western B. We noticed you're from free and hanseatic city of hamburg where legal online sports betting is not currently available.
Enjoy risk-free action while you wait at SBD Play. Published March 16, Understanding odds is the key to figuring out which bets are worth taking Odds are displayed in a variety of different formats, but all are easy to understand You can use odds to calculate the implied probability of a certain outcome in a sporting event Understanding how to read odds is a crucial step to becoming a successful sports bettor. For example:. NHL Politics. Discussion Let's have fun and keep it civil.
Most Recent Betting Guides. Top Trending Betting Articles. Play Now. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. If you are planning to start betting—be it casino gambling, sports betting, or any other type—it's important to understand the odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats.
The three main types of betting odds are fractional British odds, decimal European odds, and American moneyline odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts.
This means that a chance percentage probability of an event occurring can be converted and presented in any of the aforementioned types of odds. Fractional odds aka British odds, UK odds, or traditional odds are popular among British and Irish bookies. Therefore, the total potential return on a stake can be stated as:. For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the NBA Championship.
Below is a selection of the three teams that had the lowest odds of winning. It can quickly be determined that the Golden State Warriors are the favorites while the odds on Houston and Cleveland winning are longer. Decimal odds aka European odds, digital odds, or continental odds are popular in continental Europe, Australia, New Zealand, and Canada.
These are a bit easier to understand and work with. The favorites and underdogs can be spotted instantaneously by looking at the numbers.
For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number no need to add back your stake , which makes its total payout calculation easier. The total potential return on a stake can be calculated as:. For instance, one of the renowned betting websites priced the candidates to win the U.
Presidential Election. Here, we list the decimal odds for the candidates and the biggest long shot among the candidates listed by the bookmaker. Reviewing the prices that the bookmaker has set for each candidate, it can be determined that according to the bookmaker, the probability of Biden favorite winning the election is higher than that for Trump.
The spread can also shift based on any of these factors changing ahead of the game. For example, if a team's quarterback is ruled out midway through the week, the sportsbook will move the point spread accordingly to reflect the new imbalance in the matchup.
When a point spread is perceived by bettors as accurate upon initial release, bettors will put equal action on both teams. Let's say the Memphis Grizzlies open as an 8. If more money goes to Memphis early on, the sportsbook might adjust the line, either by raising the juice to or greater, or by shifting the point spread to eight points. As the spread becomes smaller, bettors eventually will find Utah a more attractive bet and begin placing more money on the Jazz, which balances out the action.
If a sharp bettor places a large wager on one side of a matchup, it could move the point spread by as much as two points or more, so the sportsbook can attempt to even out the action and reduce its risk of a loss.
Now that you know more about the point spread, head to TwinSpires Sports and check out all the lines available on a variety of sports and matchups! Ashley Anderson. What is a point spread?
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