The cash-out feature is a way for a bettor to lock-in profit from their sports wager, or minimize their losses. The size of the payout is determined at the time of cashing out your bet and depends on the likelihood of the bet winning.
You picked the correct outcome in the first two matches and the final match is yet to play. In this situation, some sportsbooks will offer you the chance to cash-out your bet. You can minimize your loss by cashing out your bet with the sportsbook. Live betting also known as in-play betting is exactly what it says. The ability to wager on a sporting event that has already begun, but has not finished yet. Gambling is a fun way to enhance the excitement of sport, but it is important to know how to bet responsibly and stay in control.
It may sound simple, but betting what you can afford to lose is the best advice ever given. Chasing losses is always something that gets gamblers in trouble. It should be fun and done responsibly. Finding value in miscalculated lines is key to gaining an advantage for yourself against the sportsbooks. For instance, there are certain teams that play much better in their home stadium than they do on the road.
Other teams play better against others because of particular matchups — in basketball, one team may have another height advantage over the other, thus giving them a chance at more rebounds and possessions. Fortunately, US-Odds has done the hard work for you through our Computer Picks algorithm which calculates bets offering the most value on each sport. You should now understand the main types of sports bets, as well as the idea of value bets and how to bet responsibly.
Read our full and comprehensive Sportsbook reviews to find the best sportsbook for you or check out the best free bet bonuses being offered. Tom Schurch Editor. More Betting Guides. Hedging Bets — A Comprehensive Guide. Expert Guide to Baseball Betting. How to Bet on Football. Betting Responsibly. A spread of minus-seven -7 means that a is favored to win the game by a touchdown technically, a touchdown and the extra point.
A team favored by -7 must win the game by eight or more points to win the bet. A loss by seven would result in a push. A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager. A three-point loss would be graded as a push by the sportsbook and the bet would be refunded. Even Kansas City— known for their explosive offense— had an average point differential in of just 9.
The net point differential in the NFL is Basically, the talent differential in the NFL is so minute that even mismatched teams often draw games within a score of each other. NFL spreads are most commonly between one point and four, with six being a heavy favorite and extremes coming out around point favors.
Sportsbook operators often aim to have equal money on both sides of a point spread. When the money is exactly split the sportsbook operator will see the exact vigorish as their profit margin. If all things are equal over time this will maximize how much money the sportsbook operator can make.
The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since the final score margin falls on these two numbers most often. For example, if a lot more money is wagered on the New England Patriots -3, the vig may shift from to and before the line moves to Football and basketball games are mostly bet using a point spread.
The less popular major sports, baseball and hockey, are mostly bet using a moneyline. In an effort to make baseball and hockey more appealing to point spread bettors, the sportsbook operators offer run and puck lines, respectively.
The potential winnings they stand to win are determined by the odds provided by the sportsbook. Want to know if betting is legal in your state? Getting Started with Yahoo Betting Guides! How to Select Bets. Click on any of the buttons in the betting module to select the bet you want to get started.
The odds of selecting a team to win the event based on the strength of the matchup. Vegas Style Odds. Point Spread. A point spread is used to make the matchup between two unbalanced teams more even. Pregame Odds. The odds available to bet before the event begins. Total Points. The odds of betting over or under the total number of points, runs, or goals scored by both teams.
Next, let's walk through your different betting options:. Betting Here are the options for types of bets you can place. Click each of the buttons below for explanations on the different bet types. Odds Choose the odds you have been given or would like to test. Payout Your total payout with the current odds and stake.
Decimal 1. Implied Probability View Bet Calculator. Betting Tools Use our tools to test out different bets and keep updated on state legalization. Need some help cutting your teeth before getting into sports betting action? Use these handy reference sports betting pages to help build your knowledge base before making a sports bet. Common and not so common sports betting terms in the world of sports betting that you need to be familiar with.
How about betting against the spread? New to sports betting? Here, we break down what those numbers mean to you. Want to have some action in some of the most popular sports events of the year? Wondering where you can place a legal sports bet? We break it down for you on a state-by-state basis. Lets work together to make everyone a better, more accurate and more profitable sports bettor.
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For example, if you see If you see Typically, a point spread has odds of for either side of the bet. In the example above between the Cowboys and Giants, the point spread is 4. A losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet. In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline.
This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start. Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few. Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted.
If bettors had wagered on Dallas on Monday, that means they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five. But it can also go the other way:. Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting. As you can see, Dallas is a 2. Look for key numbers such as five and seven because they tend to represent two- and three-possession games.
In both cases, the spread is almost always If New York pulls off an outright upset, then that is also a winning wager. Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. A loss by seven would result in a push. A -3 spread means that the favorite must win by more than a field goal to win the wager.
A three-point win would result in a push and the sportsbook would refund the wager. A three-point loss would be graded as a push by the sportsbook and the bet would be refunded. Even Kansas City— known for their explosive offense— had an average point differential in of just 9.
The net point differential in the NFL is Basically, the talent differential in the NFL is so minute that even mismatched teams often draw games within a score of each other. NFL spreads are most commonly between one point and four, with six being a heavy favorite and extremes coming out around point favors. Sportsbook operators often aim to have equal money on both sides of a point spread.
When the money is exactly split the sportsbook operator will see the exact vigorish as their profit margin. If all things are equal over time this will maximize how much money the sportsbook operator can make. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since the final score margin falls on these two numbers most often.
For example, if a lot more money is wagered on the New England Patriots -3, the vig may shift from to and before the line moves to Football and basketball games are mostly bet using a point spread. The less popular major sports, baseball and hockey, are mostly bet using a moneyline. In an effort to make baseball and hockey more appealing to point spread bettors, the sportsbook operators offer run and puck lines, respectively. These alternative lines give point spread bettors a chance to wager on other sports using a more familiar method of betting.
What Is A Point Spread?