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Horse Betting 101
Betting 101
Sportsbook Betting 101
Online Sports Betting 101
Sports Betting For Beginners
Football Sports Betting 101

As a fan, you don’t care if your team wins by a point or 100. A win is a win, though that 100-point win would be a little easier on the nerves.

Horse Betting 101

Sports Betting 101 The Comprehensive Beginner’s Guide to Sports Betting Anyone has the potential to be a sharp sports bettor with the right info. That’s why SBD put all the fundamentals into our introductory series for new bettors: Sports Betting 101.
Celebrity handicapper Steve Stevens from CNBC's original series 'Money Talks' provides simple explanations of sports betting terminology and gives out his fo.

In sports betting, how much a team wins by is usually all that matters.

Wagering on horse racing is done through parimutuel betting. Whereas sports betting is essentially the sports book vs. The bettor, parimutuel wagering pits bettors against one another. Money for each wagering type (i.e. Win bets, exacta bets, etc.) get placed into individual pools. The track takes. A straight bet is an individual wager based on the outcome of a single event. Straight bets include spreads, moneylines, and totals (also called over/unders). A straight bet covers when the bettor wins and the bet pays out. Certain straight bets can also push, meaning the bet is a tie. In those cases, the bettor receives his wager back, but.

The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as the “side.” Most baseball, hockey and soccer bets are on the moneyline, which is betting on a team to win straight up with adjusted odds. Football and basketball have moneyline bets available too, but most people will take the point spread.

The concept can be a bit confusing if you’ve never dabbled in sports betting before.

Why bet with the point spread?

Betting 101

The point spread was created to attract more action on a game. When the San Francisco 49ers are expected to blow out the Arizona Cardinals, it’s not enticing to lay $300 to win $100 on a moneyline. But when the 49ers are 11-point favorites and each side is -110 odds? That’s much easier.

In that example, the 49ers are spotting the Cardinals 11 points before the game starts, at least for bettors. The 49ers have to win by 12 or more points to cover the spread. If the Cardinals win or lose by 10 or less, that side wins the bet. If the game lands on 11, like a 21-10 49ers win, it’s a push and all bets are refunded. If you see a -11 that means that team is favored, and +11 means you’re taking the underdog. $1 deposit casino australia.

Nothing sharpens your math skills better than trying to figure out how big your lead as a bettor is if you have a 22.5-point basketball underdog that is losing 90-72.

Sportsbook Betting 101

The problem with the point spread can be when a team — which really doesn’t care that you bet the favorite at -11 — has a 14-point lead but gives up a meaningless score at the end to win by only seven points. They’re still happy with the win. You, as a bettor, are not.

Online Sports Betting 101

Point spreads lead to bad beats

The most infamous example of a bad beat with the point spread probably came in the 2004 Final Four at the NCAA men’s basketball tournament.

Sports Betting For Beginners

Duke was a 2.5-point underdog against UConn. The Huskies rallied late and took a 79-75 lead on a free throw with 3.2 seconds left. The game itself was over; Duke couldn’t score twice in a few seconds. But Duke guard Chris Duhon pulled up for a running 3-pointer just over the half-court line and banked it in at the buzzer. Duke lost 79-78, but bettors who had Duke and 2.5 points won. March Madness is a huge event for bettors, and reports at the time estimated that Duhon’s “meaningless” shot resulted in a $30 or $40 million swing in Nevada. UConn players celebrated at the final buzzer. UConn bettors doubled over in pain. That’s the difference between betting the moneyline and the point spread.

Wheel of fortune wheel of fortune secret santa. Baseball and hockey have point spreads too, the “run line” in baseball and “puck line” in hockey. It’s generally 1.5 with odds adjusting accordingly. Taking a big baseball favorite at -1.5 runs can make the odds more palatable. Of course, betting the New York Yankees at -1.5 to bring down the odds from -190 to -110 isn’t too fun when they win 4-3 and you don’t cash a bet.

Football Sports Betting 101

Betting on the point spread is the most common way to wager on sports. And the first time you take a favorite that wins the game but doesn’t cover the spread, you’ll understand every bettor’s heartbreak.