With a point spread or another line like an over/under. The team you bet still needs to cover the spread, but the American odds indicate how much you need to risk for that bet.
How Point Spread Are Used in Different Sports
Above all, it’s an easy way to add more excitement to your viewing experience, by giving you something more to root for. That’s rewarding in itself, regardless of the outcome. Decimal odds are the most popular types of odds and are relatively easy to understand.
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Best Jets player prop pets, per BetMGM:
A minus sign indicates a bookie’s favorite to win while a plus symbol indicates an underdog. A -250 favorite has a better chance of winning an event than a -150 favorite, while a +200 underdog has a better chance of winning than a +500 underdog. Green Bay is +3.5, meaning they are 3.5-point underdogs. In all areas of sports wagering, a plus-sign always indicates an underdog, with a minus sign indicating the favorite. If you bet on Green Bay at +3.5, a bet on them will win if they either win the game outright or if they lose by a number not exceeding 3.5. For a bet to win on Detroit, they would need to win the game by 4 points.
You’ll arrive at $32.50, meaning you need to risk that much to win $25. Since the moneyline just requires you to pick a winner, we only need the odds. If you’re betting on Penn State, you’ll win $2 for every $1 risked. Ohio State is the perceived stronger team in this game, so the Buckeyes are the favorite at DraftKings. Based on these odds, Ohio State is expected to win about 70% of the time.
If the sportsbooks had been taking bets on each side to win the game at the same exact odds, it would be a no-brainer for the bettor to place a wager on the vastly superior Titans. Common sense and analytics alike say the Titans will win that game well over half of the time, so it would be an extremely profitable bet if the teams were priced equally. Parlay betting is where you bet on a combination of teams to get the highest returns for your stake. Gamblers can make parlay bets in all sports leagues, but they are particularly common in NBA betting. In this case, you could back four different teams across four separate matches all to win their line bet — with substantial odds reflecting this risk.
