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Just like in the moneyline bet, the negative sign before the number indicates who is expected to win. The number represents the expected margin of victory. That means they need to win the game by 23 points or more. If you bet on Team A, that means they can lose by 22 points or less, or win the game, and you still win your bet. If, during the actual game, the margin of victory lands exactly on the spread, it is called a push or a tie, and no one wins the bet.
In this event, you would simply get your money back. In order to avoid these sorts of ties, betting sites such as BetOnline or Bookmaker , only to mention a couple of sportsbooks will often set the spread at half numbers, such as This way, there will always be a winner in the bet. Point spreads will also have moneyline odds attached. Just like in a moneyline bet, this number indicates what the payout will be in the case of a win. For example, the spread and odds for Team B might be This means that Team B is favored to win by more than That means that you are looking at whether the combined score of both sides will go over or under a set number.
For example, the sportsbook might set the total at 66 for a college football game. This means that they predict that the two teams will score a combined total of 66 points. You will then place a wager on whether the actual combined score will be over or under that amount. If you think that one or both teams has a particularly strong offense and it will be a high-scoring affair, you would bet over.
If you think it will be a defensive struggle, ending in very low scores on both or either side, then you would bet under. If the final score is something like , then the combined score would be 84, meaning the game is an over.
If the final score is something like , making the combined score 65, then it is an under. Sometimes, the combined scores will land right on the total. Odds can change very quickly, sometimes even updating while events are in-play.
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Which is the underdog? Why are American odds called American odds? The point spread is 10, with the Lakers as favorites. The final score is How much do you win? When can American odds be used for wagering real money? Anywhere — most online gambling sites will let you convert between odds formats. How are American odds displayed? Results How did you do?
How do sports betting odds work? The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet.
You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting? You will also get a Free Money Bonus at each sportsbook if you follow either link above. Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout.