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Understanding NFL and College Football Odds, Point Spreads and Totals
In order to prepare for the football season, I wanted to create an article for the new football bettor and start from the very beginning with the understanding of odds.
The football betting season brings excitement and the possibility of big profits from sports wagering.
Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered to win $100. –150 means you must bet $150 to win $100.) If. Betting odds represent the probability of a specific outcome. And, odds show the profit, or return, that you can get if your bet wins. This likelihood of a certain outcome is additionally known as the implied probability. You need to know what implied probability is if you are going to bet on sports.
Understand the basics of NFL betting If you are new to betting on sports, understanding the terminology is a good place to begin. While you may have had a lot of success betting on the NFL at work. Feb 03, 2021 Football Game Odds Typically, when looking at football odds, the date and time of the game will be on the left. Then, directly to the right, you will see two numbers. These numbers will be next to the name of each competing team.
This article will cover the very basics of NFL and college football odds with a main focus on the line and how to read it, to include the point spread and the total with example of each.
The point spread is the number that is placed on the game. This is the number that has to be understood by the novice person to understand how sports betting works.
The point spread is created by the linesmakers and placed on a game for wagering purposes. The posted line will determine who the favorite is and who the underdog is.
If a team is a favorite, they will have to win by a certain number of points. For example if the Dolphins are playing the Cowboys and the line is posted at Miami -3, then they are the favorites. This will mean that for the bettor to win a wager placed on the Dolphins, they will have to win by at least 4 points.
The bettor will figure this out by adding or subtracting points to the final score. If the final score is Miami 20 to Dallas 10, then you have to subtract the point spread from the favorite to see if you have covered.
If in the situation above you bet on Miami, you would have won or ‘covered' the bet. If you had wagered on Dallas, it would have been a different story.
In the example above the Dallas Cowboys are the underdog. They are getting three points in this game, which means you will add three points to the final score.
After adding the three points, if the score is greater than the score of the opposition, you will win your wager.
In the example above, I used the final score of Miami 20 to Dallas 10. If you had wagered on the Cowboys at +3, then this bet would be a loser. This is the basic fundamentals of the point spread.
When a bookmaker posts the point spread, they will also post a total on the game. Sometimes referred to an over/under. When a bettor plays on the total they are wagering whether the total of the game will go over or under the posted total.
For example the lines maker will post a total on the Miami/Dallas game of 38. Using the final of 20-10 again, the bettor that placed money on the under would be a winner.
The total of both teams scores when added together is just 30, which falls below the posted total of 38.
The bettor that placed money on the over would not have been a winner because the total of both scored combined did not exceed the posted number of 38. For the bettor that took the over to win the total score combined would have to add up to 39 or higher.
When concerning the point spread or the total when the number falls on the line or posted total this is a ‘push' and no money is won or loss and the original wager is returned to the bettor.
These are the very basic fundamentals of understanding football odds. It is of the utmost importance that you understand these basics fully before making a wager.
It is not until you fully understand how these numbers work that you'll be able to place a wager with confidence and have a chance of returning a profit betting on either the NFL or college football.
View the latest NFL odds and college football odds posted by the best sportsbooks on the internet.
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Football Odds Reading Tips – Learn to Understand Odds
Understanding how betting works for beginners can be tough. One of the reasons that makes it harder to learn reading football odds are the set of numbers that you will encounter. These numbers can be very confusing especially if you are just starting in sports betting. For people who are amateur in betting on sports, they should know and understand how these odds work in order to have an enjoyable and profitable football betting experience. Because of that, here are football odds reading tips learn to understand odds guide.
Football Odds Reading Tips – Learn to Understand Odds
Various Forms of Regular Betting Football Odds
The bettor will figure this out by adding or subtracting points to the final score. If the final score is Miami 20 to Dallas 10, then you have to subtract the point spread from the favorite to see if you have covered.
If in the situation above you bet on Miami, you would have won or ‘covered' the bet. If you had wagered on Dallas, it would have been a different story.
In the example above the Dallas Cowboys are the underdog. They are getting three points in this game, which means you will add three points to the final score.
After adding the three points, if the score is greater than the score of the opposition, you will win your wager.
In the example above, I used the final score of Miami 20 to Dallas 10. If you had wagered on the Cowboys at +3, then this bet would be a loser. This is the basic fundamentals of the point spread.
When a bookmaker posts the point spread, they will also post a total on the game. Sometimes referred to an over/under. When a bettor plays on the total they are wagering whether the total of the game will go over or under the posted total.
For example the lines maker will post a total on the Miami/Dallas game of 38. Using the final of 20-10 again, the bettor that placed money on the under would be a winner.
The total of both teams scores when added together is just 30, which falls below the posted total of 38.
The bettor that placed money on the over would not have been a winner because the total of both scored combined did not exceed the posted number of 38. For the bettor that took the over to win the total score combined would have to add up to 39 or higher.
When concerning the point spread or the total when the number falls on the line or posted total this is a ‘push' and no money is won or loss and the original wager is returned to the bettor.
These are the very basic fundamentals of understanding football odds. It is of the utmost importance that you understand these basics fully before making a wager.
It is not until you fully understand how these numbers work that you'll be able to place a wager with confidence and have a chance of returning a profit betting on either the NFL or college football.
View the latest NFL odds and college football odds posted by the best sportsbooks on the internet.
- Archives
Football Odds Reading Tips – Learn to Understand Odds
Understanding how betting works for beginners can be tough. One of the reasons that makes it harder to learn reading football odds are the set of numbers that you will encounter. These numbers can be very confusing especially if you are just starting in sports betting. For people who are amateur in betting on sports, they should know and understand how these odds work in order to have an enjoyable and profitable football betting experience. Because of that, here are football odds reading tips learn to understand odds guide.
Football Odds Reading Tips – Learn to Understand Odds
Various Forms of Regular Betting Football Odds
Generally, football odds reading tips is you need to know the three forms of betting odds that you are likely to encounter in sportsbook both online and in person. Money line wager is the first of these betting odds forms. A person can bet out right on who is likely to win the football game without the need for point spreads or any potential variable. What you only need to do is to choose the team that has the potential to win and place your bet.
The second form of regular betting odds is the point spread that is the leading choice of bettors in betting sports. In this case, players are allowed to spread the bet and wager depending on the difference presented by the two opposing teams. Lastly, over/under betting odds give you the chance to bet in any case that the total score between the two teams have went high or lower than the predetermined amount. With this, a player can simply look and observe of what is over/under then place the bet of any amount on which the two will dominate in the game.
Ways to Read Football Betting Odds According to Its Form
Football Betting Odds - How Are Football Odds Calculated? - Footy ..
In learning to read football odds reading tips, there are different ways on how to do that according to the form of betting odd. Say for instance you are on the money line wager, payouts are essential aspects to note. Payouts can be varied most especially if you don't use the odds. What you need to remember when betting on the money line is to look for the negative sign prior to the number because it indicates the favorite team. Meanwhile, the underdog is represented by a positive symbol before the number. If ever the team A on the money line odds has -150, then you should bet $150 in order to win $100. If the team wins then so you do
For the point spread, and take football odds reading tips for your winning points can be adjusted by some sort. Say for instance the spread scored 7 then you decided to bet for the favorite team, automatically, the team will win either 7 or 8. Adjustments can be made depending on the difference of the spreads. The over/under can be read as even and odd numbers on a football game. For example if a player bets the over and the number is 42, then he would require 43 points as the total as difference between the two opposing teams. There are times that the odds are distributed in half points so that there will be no winning or losing bets. This is done to prevent what is known as 'push'.
Football odds reading tips can be difficult at first but as you do it more often, you will further understand everything. Start learning how to read these betting odds and you're good to go. Make money and just enjoy the entire game.
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