Betting On Sports
- Betting On Sports London
- How To Make Money Betting On Sports
- Betting On Sports In California
- Sports Betting For Beginners
- Best Online Football Betting Sites
- Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets.
- Proposed legislation filed in early 2019 would allow for sports betting on pro and college sports, but with no more than 10 sports gambling licenses handed out in the state. Hawaii: Not legal, but.
Money Management/Bankroll Management. When you are betting on sports you should. Here you will find live lines for all major sporting events, including NFL, MLB, NBA, NHL, Soccer, Tennis, Rugby and so much more. Our live betting feature allows you to bet on your favorites quickly and easily, and in real time. Client input is extremely important to us so feel free to offer your valuable suggestions to help us give you the best platform for all your sports betting. The online betting legalization efforts have been focused on online sports betting (infancy stage bills), poker and there have been no efforts to legalize other forms of online casinos. Given the strenuous opposition to poker and sports wagering, any sort of other online expansion of gambling is likely to be opposed by the tribal casinos.
“Wait, why does this NFL team have a -235 next to its name? What’s with New England Patriots (-15) vs. Miami Dolphins (+15)? Help! HEEEELPPPP!”
If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding.
But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with …
Spreads
It would be really easy to bet on a game if you could put money on a heavy favorite to win.
That’s where point spreads come in. Let’s look at an example:
Philadelphia Eagles (-4.5)
New York Giants (+4.5)
In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs.
Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points.
If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is.
Moneylines
Let’s take that same example above but use moneylines:
Philadelphia Eagles (-200)
Betting On Sports London
New York Giants (+150)
The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100.
The Giants are the underdogs. If they’re +150, that means you could bet $100 to win $150.
Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.
Odds
How To Make Money Betting On Sports
If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this:
Betting On Sports In California
New England Patriots — 3/1
Sports Betting For Beginners
Baltimore Ravens — 5/1
Kansas City Chiefs — 8/1
If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.
Best Online Football Betting Sites
Good luck!