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This makes sense because games with public interest will lead to overpriced favorites. The moral of the story: if you are Betting Against the Public, focus on the games where there is a lot of Public interest. Based on our research at BettingCharts, line moves are a mixed bag of information. Line moves can sometimes show value.
This might be the case, for example, when a game is mis-priced and the market is driving the line to fair value. Suffice it to say that using line moves in combination with betting percentages are a very powerful method of finding out where the Smart Money is going. College basketball offers sports investors many investment opportunities — and at the same time, many challenges. We have reviewed some tools that sports investors can use when wading through the oceans of college hoops games.
This includes SportsInsights. In addition, we highlighted the Number of Bets — which is often overlooked as an indicator. Using multiple indicators available at SportsInsights. Good luck! It is impossible to predict the future. Once inefficiencies are discovered, it is only a matter of time before the market corrects itself.
We do not guarantee our data is error-free. Sports Betting Indicators. Sports Betting Indicators BettingCharts. Unlike pari-mutuel wagering, where odds change continually depending upon the wagering pool and betting trends, fixed odds never fluctuate. Fixed odds wagers, which are also known as money lines, differ from point spreads and parlays in that the winner of either of the latter bets is determined not by which team wins or loses but by how well the gambler plays the spread.
Fixed odds bets are usually available on the major US sports of football, baseball, basketball and hockey. Consider this hypothetical fixed odds money line in a game between Pittsburgh and Arizona. If you already know how fixed odds sports betting works click here for a chart of break even percentages and conversions. If you went with the Cardinals the odds were long, paying well. Of course, if you took a spread bet in the big game and chose Arizona, you won. The Steelers were at Pittsburgh did not beat the point spread but did win the money line wager.
However, there are a few problems with this type of wager. First, wagering on the underdog in a money line scenario tends to be extremely attractive since the payout is always better than that given to the favorite. That means that bettors may try to outsmart the money line by determining which clubs will pull an upset. Second, bettors usually have to wager a lot on the favorite to win a little. Although the bet on the favorite is less risky, the bettor is risking a load of money. On moderately priced point spreads the team that wins the game straight up normally covers the spread the majority of the time so a bet against the points spread is often a much smarter wager.
Playing a heavily favored team on the money line is part of a conservative risk reward betting strategy that, over the course of time, can payoff. At times, it can be safer than going with the point spread but be careful laying bridge jumper type prices as eventually one of those long shots will lose putting a big dent in your bankroll.
Below you will find a table that gives you the correct conversions of the different types of fixed odds used in the sports betting marketplace. Different countries prefer different fixed sports odds formats but this chart states the equal odds between american odds AKA moneylines , decimal odds, and fractional odds. Be sure to bookmark this fixed odds sports betting table so you always have it at your disposal.
If you found this page useful consider linking to it from your website so more people can soak in this knowledge about fixed odds betting.
Betting sports in Vegas is likely going to be the option with the biggest learning curve. You will understand the odds after reading this article, but there are a few other rules and common practices you want to be familiar with that are specific to Vegas. There are nearly infinite ways to bet sports. If you can think of something to bet on, there is a good chance you can find somewhere to bet on it.
One of the first and most important aspects of sports betting every new player must learn is what the different symbols mean. A plus or a minus can mean different things in different situations. This is explained in more detail below, but the most important thing to be aware of is that negative numbers represent favorites, while positive numbers represent underdogs. The same is true whether you are looking at a spread or a moneyline, but how these numbers are used is very different.
Read on for the complete explanation of each of these concepts. The point spread is the projected number of points that separate two teams. A game with a spread will have a favorite the team expected to win and an underdog the team expected to lose. In the example above, the point spread is 7 points. Patriots are favored by 7 points against the Jets.
If they lose by exactly 7 points, the bet is considered a push and is canceled. If you bet on the Patriots -7, they must win the game outright by more than 7 points. The 3-digit numbers to the far right are the listed prices for these bets.
This is also called the odds, vig, or juice. We will cover those in more depth when we talk about money lines. The price of the bet has no impact on which team is favored. Only the plus or minus on the point spread matters. This is handled differently when you bet strictly on the moneyline.
A moneyline bet is on a team to win the game outright without a point spread at an adjusted cost. Just like with point spread betting, the favorite will have negative odds, while the underdog will have positive odds. The difference here is in the price or payout depending on which team you take. Some people like to pay out only at the end of each quarter. This means the total pot can be divided by 4.
You could also weight the final score 4th quarter more heavily. Then, whatever was left in the pot at the end of the game got the rest for the final score! The benefit of this more frequent pay-out schedule is that more people win and end up interested in the game. Even your Aunt who just came for the gossip and commercials will be rooting for a team to kick a field goal.
Each time the number changes, somebody gets paid. This way touchdowns are more exciting than field goals. Just like in the game. And whoever has the number with the PAT will be pissed if the kicker misses. Naturally, the Chiefs will likely kick a PAT point after touchdown, 1 pt.