How Does American Football Betting Work?
In most cases, the favorite will be the team with a negative moneyline . A line of -160 means that you would have to bet $160 to win your base amount of $100. A team with a moneyline of -130 wouldn’t be favored nearly as strongly as a team with a moneyline of -330. A negative money line represents the amount that you would have to bet to win $100 if you were correct.
If either of your combinations wins you will be paid out. The odds are lower than betting on just a single match outcome as there is more chance of winning, but this bet is good for bettors who want to reduce the element of risk. There are thousands of football matches and markets to bet on every week. Baseball has 162 games per season and a wide array of betting options for gamblers to consider. Betting on the sport requires a massive amount of data to make educated decisions. For many bettors, the amount of time and effort required to follow baseball and analyze odds makes it one of the hardest sports to bet on.
This type of bet can also be referred to as a total bet. When most people think of sports betting, they most often think of spread betting or wagering on the moneyline. However, another popular way to bet is on the over under. You don’t have to be a Las Vegas sharp to make a smart game totals bet. If you keep it locked to Odds Shark, you’ll be such a pro at football betting and basketball wagering thanks to our NBA News, that you’ll be making game totals bets in your sleep.
Offer cannot be used in conjunction with any other Spreadex offer. Unless otherwise stated, clients reopening Spreadex accounts do not qualify for the offer. Customers who are ineligible for any promotional free bets will also be ineligible for these promotions. Total bets, or Over and Under bets require bettors to factor in the total points scored, or the total goals scored in the match between two teams. If the total number of points, or goals, exceeds the Total provided by the oddsmaker before the game begins, the Over bet wins.
This makes it an ideal betting option for novice sports bettors looking for an easy single bet on the total points scored at the end of a match. For spread bets, this can mean the favorite is winning by a huge margin, or the underdog seems about to pull off an upset. A sportsbook will sometimes let you cash out of a bet before the outcome is official. If you decided to make this bet on this game, you could win in one of two ways. Should Vandy upset Tennessee, regardless of the score, you would win. If the Commodores lose by 3 points or less, you would win that way as well.
This applies to Over/Under betting in football, basketball, baseball, hockey and every other sport with totals betting. As with other types of bets where the odds of either outcome are meant to be even, the vigorish (or “vig”) is typically set at or about 5% of the total wager. Using American odds, this will result in both outcomes initially being quoted at -110 (i.e. bettors must risk $110 to win $100). If the amount bet on both outcomes is exactly even, using such odds would result in the sportsbook earning $5 in gross profit for every $110 wagered. With this type of wager whichever team wins outright pays off.