[Lcdproc] Fred and Kristen Adelman, Understanding The Point Spread At Sportsbooks

Mon Jan 7 11:13:01 2008

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Fred and Kristen Adelman, Understanding The Point Spread At Sportsbooks

If you were asked what your favorite team was last year to bet on, who would
it be? Hopefully you answered Tennessee Titans. This is not because they
were the best team but rather because they did cover the spread more times
then any other team in the NFL . They covered the spread 11 out of 16
regular season games before they got blistered in the first round of the
playoffs.

If you are not a fan of the Titans then you may have been a little hesitant
to put your money on this team. This is a mistake that many people that are
new to sports betting make. Picking winners is not always done by picking
the most talented team. Gambling on football has always been common place
and you would be surprised at how many people do not know what they are
doing. Most people that bet at sportsbooks do not know how point spreads
work or what they are truly for. Understanding your bet is crucial no matter
how small the amount.

Many beginning bettors make the mistake of thinking that sports betting is
about wits and the internet sportsbook is the opponent. This is in fact not
the case at all. The spread is nothing more than a tool that is used to
balance out the sides that people are betting on. It is a part of life in
sports and is posted in every newspaper, on tv, and millions of sites on the
internet.If the point spread does it's job then half of the money will be on
one team and the other half of the money on the other team.

The most common type of spread you will see usually looks something like -
2.5 for team a against team b which is +2.5. If you bet on Team A then they
would have to win by at least 3 points for you to win. On the other hand, if
you bet on Team B, you can lose the game by 2 points and still win the bet.
It is my opinion to always buy the extra half point so that you have a
chance to push if the bet hits right on the spread. This only cost a very
little amount but could save your whole bet.

When you see a line of -110 for example, this is referred to as the juice
the sportsbook charges you to place your bet. You would have to risk $110 to
win $100. If it works like it is supposed to then the sportsbook basically
takes $100 from a loser and gives it to the winner. The sportsbook gets to
keep the $10 juice from the loser. You are basically playing against the
people betting the other way. You will also see lines that are for example
+110 for a team. This means that you only have to risk $100 and you will win
$110. The odds and juice vary on every sports bet depending on the match up.

You will also see the line change every so often in a continuous attempt to
keep the action as balanced as possible. In some occasions, the internet
sportsbook will take a gamble itself and move the line in an attempt to get
more money bet on the side that they think will be the loser. This only
happens so often and you never know when it does because the sportsbooks
usually leave it up to the bettors to decide how the line changes.

The odds work the same way for all types of bets in every type of sport. You
obviously will get better odds on some games or events then others. If you
do not understand a bet, then you should not be making that bet.

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Fred and Kristen Adelman, Understanding The Point Spread At Sportsbooks If you were asked what your favorite team was last year to bet on,
who would it be? Hopefully you answered Tennessee Titans. This is not
because they were the best team but rather because they did cover the
spread more times then any other team in the NFL . They covered the
spread 11 out of 16 regular season games before they got blistered in
the first round of the playoffs. 
If you are not a fan of the Titans then you may have been a little
hesitant to put your money on this team. This is a mistake that many
people that are new to sports betting make. Picking winners is not
always done by picking the most talented team. Gambling on football has
always been common place and you would be surprised at how many people
do not know what they are doing. Most people that bet at sportsbooks do
not know how point spreads work or what they are truly for.
Understanding your bet is crucial no matter how small the amount. 
Many beginning bettors make the mistake of thinking that sports betting
is about wits and the internet sportsbook is the opponent. This is in
fact not the case at all. The spread is nothing more than a tool that
is used to balance out the sides that people are betting on. It is a
part of life in sports and is posted in every newspaper, on tv, and
millions of sites on the internet.If the point spread does it&#39;s job
then half of the money will be on one team and the other half of the
money on the other team. 
The most common type of spread you will see usually looks something
like - 2.5 for team a against team b which is +2.5. If you bet on Team
A then they would have to win by at least 3 points for you to win. On
the other hand, if you bet on Team B, you can lose the game by 2 points
and still win the bet. It is my opinion to always buy the extra half
point so that you have a chance to push if the bet hits right on the
spread. This only cost a very little amount but could save your whole
bet. 
When you see a line of -110 for example, this is referred to as the
juice the sportsbook charges you to place your bet. You would have to
risk $110 to win $100. If it works like it is supposed to then the
sportsbook basically takes $100 from a loser and gives it to the
winner. The sportsbook gets to keep the $10 juice from the loser. You
are basically playing against the people betting the other way. You
will also see lines that are for example +110 for a team. This means
that you only have to risk $100 and you will win $110. The odds and
juice vary on every sports bet depending on the match up. 
You will also see the line change every so often in a continuous
attempt to keep the action as balanced as possible. In some occasions,
the internet sportsbook will take a gamble itself and move the line in
an attempt to get more money bet on the side that they think will be
the loser. This only happens so often and you never know when it does
because the sportsbooks usually leave it up to the bettors to decide
how the line changes. 
The odds work the same way for all types of bets in every type of
sport. You obviously will get better odds on some games or events then
others. If you do not understand a bet, then you should not be making
that bet.

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