Identify the sort of line you’re looking at. All online sports books offer you the opportunity to have your lines in an”American” or”Money line” version. I’d use this as my regular, if I were you. An”American” line uses either a + or – before a number to signify chances. So a -120 and a +120 are two very different chances on a team… I’ll explain the differences shortly. Two other less common variations exist: decimal odds and fractional odds.
–Fractional odds are seen in hurrying. A 10/1 payout should be read”$10 paid for each $1 wagered.” When the larger number is on the left, you’ll discover that bet is generally an underdog in the race. Also notice, however, that if such as”Who will win the Super Bowl in the NFL?” You will see all of the groups listed as”underdogs”… i.e. paying at least 2/1 (some around 300/1 or longer ).
Identify your preferred. Lines with a – until the number (i.e. -200) signal the preferred. A -200 should be read as:”For each $200 wagered, I win $100.” When there’s a negative sign, the line must be read with relation to 100. That does not mean you need to bet that much, it’s just easiest to comprehend! When a + sign is present, just undo the scanning, constantly keeping reference to 100:
1) -150: For every $150 wagered, I win $100 ($50 wagered would win $25).
2) +300: For every $100 wagered, I win $300 ($50 wagered would win $150).
3) 100 (could be +/): For every $100 wagered, I win $100 ($50 wagered would win $50).
4) Most commonly: -110: For every $110 wagered, I win $100.
You visit”4″ most often because the extra $10 you have to bet to win $100 is known as the”juice” the books keep as a charge for making the lineup that is available to you.
The main thing you can teach yourself early on is:”Just because the books assign one side are the favorite (even large, -200 or even -300, favorites), does not follow they will triumph.” We have all seen favorites get upset, and it’s important to avoid the temptation of finding comfort in the fact that the lines makers place one team as a favorite.
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