Have you ever heard someone say: “I have the over in this game”? That means a bettor is betting on the total, and betting “over” or “under”.įor example in football, the “total” is the total amount of points scored by both teams. For example, if Gerrit Cole and the Yankees face off against a team like the Tigers with a poor pitcher starting, the Yankees moneyline may be -500 or higher, indicating the Yankees are massive favorites. Moneylines in various sports differ, as sometimes you may see favorites with an enormous number, and underdogs on the other side as well. On the contrary, if you wanted to bet on the underdog at +180, that would mean betting $100 to win $180, or 1.8:1 odds. This means on a scale of $100, you would need to bet $200 to win $100 if you bet on the favorite (-200 means 1:2 odds). For example, Team A is a -200 favorite to win, and Team B is a +180 underdog to win. Moneylinesīetting on the moneyline is one of the most popular styles of betting, and it involves simply betting on a team to win. Figure out what that means in this next section. ![]() The game goes for hockey, the Rangers may be 1.5 goal favorites (-1.5) but they will be -150 if heavily favored. For example, the Yankees may be heavily favored and their “run line” will be -1.5 runs, but a price of -170. Both of these are “spreads”, but based on different prices similar to moneyline. There are different types of “spreads” in different sports, including betting the run line in baseball and puck line in hockey. Typically, if a bettor believes the underdog not only will cover but they will win outright, bettors will bet the moneyline on the underdog which could net a higher payout. If you bet Jets -7 and the Jets win 28-20, you win and the Giants +7 bet loses.If you bet Jets -7 and the Jets win 27-21, you lose and the Giants +7 bet wins. If you bet on the Giants +7, you need the Giants to come within at least 7 points of the Jets. If you bet on the Jets -7, you would need the Jets to win by more than 7 points. There are a few ways to explain this, but the most simple involves taking the spread and applying it to the final score. ![]() If the “spread” is seven points, that means there is a favorite and an underdog with a seven-point differential in betting terms.įor example, if the New York Giants and New York Jets are playing, and the Jets are seven point favorites, you will see this: NY Jets (-7) vs. Traditionally, betting on the spread is the most popular in many sports, specifically football. Spreads:– What they are– Run Line/Puck Line– Examples– Ways to think about it There are many ways to bet, so let’s take a look at some of the most popular, how to bet them properly and more. That brings a horde of new sports bettors looking to have some fun and win some money. Each month, more states legislate legal sports betting, more operators partner with land-based casinos, and the betting handles continue to grow in the sports where sports betting is already legal and active. The legal sports betting industry is growing, and fast.
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