Sports Betting Lines Explained & How to Read Them

By that, we mean that you should look for matches that will be resolved soon. The faster you get the turnover moving, the better.

Some of the benefits of these types of bets are listed next. Take a look at which are the sportsbooks with the fastest withdrawal. The same can be said for Over/Under bets because the bookmakers set a line that they hope will get equal amounts of punters above and below their predicted number. The minus and plus signs are really important to pay attention to. Along with the number, they tell you tons of information about the bet and the match. Our goal is to make odds crystal clear so you feel comfortable knowing your first bets will be well-informed and well-placed. They represent how much a bet on each team pays out and they also show you which team is favored to win and how heavily they’re favored.

Calculating Implied Probability

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What Is the Over 0.5 Goals Bet?

When calculating the implied probability of fractional odds, you’ll use the calculation below. This would mean that Player A would have a 17.1% chance of winning.

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The -110 means you’ll need to bet $110 to get a $100 payout if the Steelers win. Understanding betting odds is extremely important and essential if you’re going to have a successful betting career. The good thing is that it doesn’t take much to read odds and the math isn’t too complicated. Odds in different countries differ, but we’re going to focus on American odds. You’ll see these on all sportsbook sites in the United States and you’ll see different titles, as a team, spread, Moneyline, and total. These are in terms of 100 and each one will have a plus or minus.

A $10 stake on odds of 9.0 would earn a total payout of $90 with $80 being won from the sportsbook and your initial $10 stake being returned. Check out our top-rated sports betting sites to start placing real money bets today. A full guide explaining sports betting basics, terminology and gambling concepts geared to beginners and first time sports bettors.

Then, place any single wager on your betslip (ex. one parlay bet or one straight bet). If that bet wins, you will not receive any bonus cash.

The idea is to re-invest every win into the next bet. With some luck, your earnings will grow exponentially. The Over 2.5 Goals betting system is based on repeatedly placing safe Over/Under wagers. This particular market was chosen because it is widely available and almost always comes with short odds. New York has yet to win when playing as the moneyline underdog this season, going 0-0. In the final game of the 2021 MLB season, Game 6 of the World Series, the Astros were -125 to win the game while the Braves were +115. The run line was Astros -1.5 at a +150 price, and Atlanta was +1.5 at -175.

If someone was thinking about betting on Tennessee but thought it would be a close one possession game, it would not be advisable to place a bet on the point spread. Say, for example, a team is a huge favorite and the moneyline is above -200.

Almost all sports games have a favorite and underdog though, and a bookmaker will adjust their odds to reflect the likelihood of each team/player winning the game. This would mean that you’d get $140 if you bet $100 and your team wins. If Team B has -140, it means you’ll have to bet $140 to win $100.