“It helped me to understand in simple words how the betting world functions. Thank you.” Continuing the example above, say I placed $110 on Boston, and they win on a 4-point spread. Because they won by the spread, I would make $210 ($110 + $100).

Nfl Spread Betting Example

This data may not be the decisive factor when placing your moneyline bet but it certainly needs to be taken into consideration. For hockey, a standard final score in the NHL can be 3-2 or 2-1. For baseball, MLB final scores can vary but generally don’t surpass 12 runs between the two teams.

Odds Conversion Table

They simply are picking which of the two teams are going to win an NFL contest. A moneyline bet is the most basic betting option in the sports betting industry. You are simply making a bet on which team will win a certain How To Read Odds In Sports Betting game. This is a great betting option for beginners, as it is typically easier to just pick winners. Now that you’re an expert in reading sports odds, get out there and start winning some money on your favorite sports betting sites! Sharp bettors are informed bettors, and not all sports are created equal.

Frequently Asked Questions About How To Convert Odds

The term Asian handicap originated because the betting technique became widely popular in Asia. They both aim to make the two teams more equal rather than always having the advantage over the other. If you are backing West Ham, then they lose by two goals your bet would be void, and your stake returned. If you are wagering on Leicester City, they have to either win the match, draw, or concede by a single goal, to win the wager. If you bet on Manchester United to win, they would need at least two goals if you want to win the wager. The reason this illustration is important is because a novice bettor finding -500 when all other sites have -600 will be overly excited feeling he’s most certainly found a +EV bet.

Consistently breaking even on big favorites requires a high win percentage. Bettor chooses favorite Boston Bruins laying $170 to win $100. Refer to SB3’s article “How to Read NFL Odds” for help understanding spread, total and juice numbers. Moneylines are best for sports with 1 unit scoring increments.

Betting their opponent will, most nights, see your bankroll shrink. This allows you bet on a specific team who you think is going to win the game. In case of Run line, it is the amount of runs that one of the teams wins the game. Most of the baseball games have run line worth 1,5 and hence the favourite team is 1,5 and the underdog is -1,5.

What It Looks Like To Place A Bet With Positive Expected Value

To better explain NFL spread betting, we will use an example featuring the Las Vegas Raiders and the Kansas City Chiefs. If you want to know “what are the betting lines for the NFL”, check out the NFL betting lines page. There are several great NFL betting options, and this is another area that seems to grow each year. There are three very common NFL betting options available, but there are some unique ways to bet on the league as well.

If that doesn’t suit you, then be sure to choose bets that conclude around the same time. Parlay betting can be fun, but there are some ways to improve your chances. Here are some helpful tips for building a good parlay bet or when building a football parlay, for example. Teasers get more difficult to win the more you move the line. So if you plan on doing this kind of parlay betting, be sure to understand what you’re getting into.

For those who don’t have the time to read the entire piece, wagering terms are associated with bonuses and make it difficult for you to withdraw the bonus cash you are given. They’re not as ‘exciting’ as the free money offers, but it’s 100% honest. “Draw no bet” is commonly used when betting on sporting events.