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Sportsbook Information
BETUS
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Odds Primer - For
more detailed description click here | How
to read Covers' odds
The point spread - also called "the line"
or "the spread" - is used as a margin to handicap
the favorite team. For betting purposes, the oddsmaker
predicts that the favored team will win by a certain
number of points. This number of points is the point
spread. The favorite is always indicated by a minus
sign (e.g. -5.5) and the underdog by a plus sign (e.g.+5.5).
If you bet on the favorite, you win your bet if the
favorite wins AND their margin of victory is greater
than the point spread. If you bet on the underdog, you
win if the underdog wins, ties, or if the favored team
wins but fails to exceed the point spread. It is standard
for point spread bets in most sports that you wager
$110 to win $100.
A money line, used in baseball and hockey, takes
the place of a point spread. Money line betting is simply
wagering on the contest based on a given price rather
than a point spread. The team wagered on has to win
the game outright, regardless of the score. The minus
sign (e.g.-130) always indicates the favorite and the
amount you must bet to win $100. The plus sign (e.g.+120)
always indicates the underdog and the amount you win
for every $100 bet. Using this example, therefore, you
would bet $130 to win $100 on the favorite, while for
the underdog you would bet $100 to win $120.
The over/under is the number of points oddsmakers
expect will be the total score for the contest (both
teams combined, overtime included). You bet on whether
the total points scored will be more or less than this
number. As with point spread bets, you must generally
wager $110 to win $100.
Betting on a point spread or money line is sometimes
called betting "sides" - that is, betting
that one side or the other will be the winner - while
betting the over/under is referred to as betting "totals".
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