College Football Las Vegas Odds. Spread · Money Line · 1st Half Page 1 · Page 2. Where to Bet: WynnBET FanDuel BetMGM DraftKings Fox Bet Bet365 PointsBet Unibet BetRivers All. How to read College Football Las Vegas Odds. Similar to our Money Line and 1st Half Odds, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the College Football game. The rotation for college football games typically lists them by scheduled starting time, which can lead to some confusion since the number will remain the same even if the games wind up changing due to television networks often shifting around action to present more attractive matchups. Home teams are listed at the bottom and will therefore be your even-numbered squad. The numbers next to the teams are called Spreads or Point-Spreads . If there is no favorite or underdog, the line is called pick’em and is represented by (PK). Winner takes it. The amount of points a team is favored by is set by oddsmakers on Sunday afternoons and that figure fluctuates throughout the week based on the amount of money coming in on bets. Opposite from the spread you’ll find the Total , which represents what oddsmakers believe will be the combined number of points scored between the teams. That number also increases or decreases based on bets coming in on the Over or Under . How to Bet College Football Las Vegas Odds. The key to wagering successfully in college football spread betting is to decide early how many points you’re willing to lay with Favorites and to get in at the lowest possible spot. If you’re going to back the Underdog , make sure you’re getting the most points possible entering the game. The skill in this often requires you to forecast how a game will be wagered since we often see opening lines bet up over the course of the week due to the majority of the money coming in on the favorite. Of course, getting in too early can often backfire if a better number appears over the course of the week or if injuries that are typically not announced until coaches give status reports on Monday press conferences dramatically alter expectations. There’s also a big rush on betting action just before the kickoff of any game, which means you may be best off waiting until kickoff approaches to get the right number. Take the 2019 college football Big 12 matchup between Texas-West Virginia as a prime example. The Longhorns opened as an 11.5-point favorite and won 42-31 after the Mountaineers scored the game’s final touchdown with :48 left. West Virginia backers who got in early prevailed on that score, while Texas bettors who guessed wrong and got in too early caught a “bad beat.” Those who waited and laid only 10.5 points still cashed. Get in at the best number! College Football Opening Line. Opening Lines in college football are typically set on Sunday afternoons in the current week and you usually see immediate action cause line movement. The Spread is based on a rough projection of a score for every matchup, although oddsmakers have a good idea of what side the betting public will want to bet and usually saddles that team with an additional point or three. The same goes for the Total, which projects the combined number of points expected in a contest. These numbers are based on simulations that take a number of statistical factors into account in addition to baking in injuries, a homefield advantage that is typically worth three points and any other potential edges. Teams coming off bye weeks are usually given an edge thanks to increased preparation time and fresher bodies. Teams coming in on short rest or that have to travel out of their element typically find themselves penalized in a point spread. UCLA at Cincinnati (-4) In the above example, UCLA was made a four-point underdog against Cincinnati in the 2019 season opener for both. The betting public jumped on the team from the higher-regarded conference, perhaps believing that the West-Coast team heading more than halfway across the country was being penalized too harshly and the line closed at 2.5 points. Cincinnati prevailed 24-14. The opening line of 4 was accurate in calling for a larger margin of victory than the closing line, which is where the ‘opener’ ultimately ends up. VI Consensus College Football Line. The Total is also available on the VI Consensus line and similarly consists of the current betting line which most frequently among our list of Las Vegas and Global sportsbooks. For an example, in the most recent National Championship between LSU and Clemson , there was significant line fluctuation throughout the two-week lead up. LSU was laying 5.5 to 6 points in multiple locations as the favorite. The battle of Tigers ended with LSU blowing out Clemson 42-25, covering the spread handily.
NCAAF Odds. Final. What do NFL odds look like? During the college football season, there will be dozens of games on the board most Saturdays. Three types of odds are the most common: Point spread: The point spread, also called the “side,” evens the playing field in a lopsided matchup. With this example, bettors backing the underdog New Mexico State need the Aggies to win or keep the losing margin to 35 points or less. Alabama would need to win by 36 or more points for Crimson Tide bettors to cash that wager. Over/under: These bets, also called the “total,” are simple. The sportsbook sets a line on combined points by both teams, and bettors can take over or under that point total. Moneyline: This bet removes the point spread, with corresponding odds for the favorite and underdog. In this example, Ohio State backers would need to lay $400 on the favorite Buckeyes to win $100. A $100 bet on Penn State would return $350, but the Nittany Lions would have to win straight up. Which future bets are available for college football? The most popular future bet is on the College Football Playoff national champion. Bettors can also wager on who will win the Heisman Trophy, and usually sportsbooks offer future bets for over/under win totals on teams from the major conferences.
NCAA College Football Odds: Point Spread, Moneyline, Over/Under. With sportsbook going mainstream in the US, most people turn to major sports leagues like the NFL, NHL, and MLB for their gambling fix. However, betting on NCAA college football games is also gaining popularity among bettors and sports fans. After all, most bettors who try their luck on NFL sports betting place their stakes on NCAA Football as well. You can bet that the Texas A&M Aggies will win against the Arkansas Razorbacks during the SEC. But did you also know that you could make other kinds of bets too? PAC-12 QUARTERBACK BATTLE ODDS. Utah starting quarterback vs. Arizona. Oregon starting quarterback vs. Stanford. Washington starting quarterback at Cal. Colorado State starting quarterback vs Wyoming. — The above odds are for entertainment purposes only — HOW TO READ NCAA COLLEGE FOOTBALL ODDS. If you want to bet on NCAA college football, you should first know how to read sports betting odds. College football odds will usually look like this: Date and Time – Date and time of the game Rotation Number – teams are assigned standard rotation numbers used by all bookies. Rotation numbers list matchups in order. It also lets bettors make their wager without mentioning the game or the teams that are playing. This makes it easier for gamblers who are placing bets on land-based sportsbooks because they only have to refer to the rotation number(s). Team – Visiting Teams are always listed first, with home teams listed second. This information is useful for bettors since home teams have the advantage of their home court over visiting teams, so they almost always win. If Syracuse Orange is up against the Florida State Seminoles, the first team listed will be playing in the second team’s home court. American Odds. Odds can be listed in either fractional, decimal, or American odds. In the United States, the majority of sportsbooks use something called “American Odds.” This is used in all kinds of sports betting, from the NBA to even the UFC. American odds are characterized by negative and positive signs and numbers. Mainly, American odds show players how much money they can win versus how much money they bet, and which teams are favored to win. Note that American odds always use a standard amount of $100 to make gambling a lot easier to understand. Negative signs indicate that a team is favored to win, while positive signs indicate that the team is the underdog. However, do take note that sometimes there’s no favored or underdog team. When that happens, the groups are simply listed as EVEN or PICK. HOW TO CALCULATE NCAA COLLEGE FOOTBALL ODDS. – or negative odds also show how much you have to bet to win $100. The Memphis Tigers have odds of -150 in their matchup with the Cincinnati Bearcats. This means that they are the favored team to win the game. It also shows that you have to bet $150 to win $100. If you proceed with betting on the Memphis Tigers and win, you will get a total payout of $250. This means that bettor can win $300 if he bets $100 on the Louisville Cardinals. The total payout would be $400. Why are you getting bigger winnings by betting on +odds? It’s because they’re the underdog team, and in the bookmakers’ eyes, they’re most likely to lose. So, bookies devised this system for bettors to still gamble on the underdog by offering a substantial winning payout if they do. More risks, more rewards. However, sports gamblers can actually make bets of any amount they want! Although American odds use the standard of $100, beginners can always use odds calculators when placing and calculating wagers. HOW TO BET ON NCAA COLLEGE FOOTBALL ODDS. Moneyline. The moneyline is the simplest to understand and easiest to do in all of football betting. Basically, the moneyline lets you wager on which team you think will win the game. Sports gamblers can make moneyline bets during the regular season and even post-season or bowl games. In this example, the Buckeyes are the favored team, while Indiana Hoosiers are the underdog. For the underdog, betting $100 and winning the wager, can you get $140 in profit, with a total payout of $240. However, calculating the odds for the favored team is a bit more complicated. In this example, betting $100 on the favored team and winning the wager can get you a profit of $58.88. Obviously, the sportsbook will provide an odds calculator that will do the mathematics for you, and will help you understand the following: Bet $100 on Ohio State Buckeyes who have odds of -167 Bet = $100, Odds = 167 Ratio: Odds/100 = 167/100 = 1.67 Win: Bet/Ratio = 100/1.67 = $58.88! So yes, sportsbooks don’t put random numbers on the odds of every bet. They are carefully calculated by studying the factors that could lead to a game’s result. Again, betting on the underdog gets you higher winnings because it involves higher risk. Point Spreads. The Point Spread is a bet that’s popular not just with NCAA college football, but with all of sports betting. Essentially, point spreads are betting lines that give the underdog team an advantage. Instead of betting on the likely winner, sportsbooks will list a margin of points called the spread. For the winning team, these are a range of points they should exceed to win the bet and “cover the spread”. For the losing team, these are a margin of points they can lose by and still win the bet or cover the spread. Take, for example: Here, the spread is 6.5 points. The favored team, the Wake Forest Demon Deacons, must win by more than 6.5 points by the end of the game to cover the spread and win the bet. Meanwhile, the underdog team North Carolina Tarheels must lose by less than 6.5 points to cover the spread and win the bet. If they lose the game by 3 or 6 points, the bet is won! If they manage to even beat Wake Forest and win the game, you also win the bet! However, if they lose by 7 points to the Demon Deacons and fail to cover the spread, you lose the wager. Note that -110 simply means that if you bet $110 and won the wager, you’ll get $100 in profit. Over/Under or Totals. The Over/Under or Totals bet lets you wager on whether the game’s total amount of points will go “over” or “under” a certain amount. The sportsbook will set a total combined number of points they think both teams will score by the end of the game. Team Name Totals Penn State Nittany Lions O 60.5 Pittsburgh Panthers U 60.5. If you think that the game will end with more than 61 total points, then bet on “over” (O 60.5). But if you think that by the end of the game, the total points will be less than 60, choose “under” (U 60.5). Sports betting sites put half-points or a .5 in case a “push” happens. For example, a game between the Oregon Ducks and Arizona Wildcats resulted in a combined score of exactly 60 points. A push is when the total score doesn’t go over or under. When that happens, the bookie will have to refund your money. Parlay. Parlays are one of the riskier but fun types of college football betting. Essentially, bettors can merge multiple wagers into one ticket to get potentially higher winnings. In short, it’s putting multiple bets into one major wager. For you to win a parlay, all of your bets must also win. It’s an example of high risk, high reward type of gamble. For example, you want to bet on the moneyline between a matchup of the Oklahoma State Sooners and Iowa State Cyclones. But you also want to bet on the point spread for Clemson Tigers vs. Boston College Eagles, and Boise State Broncos vs. Air Force Falcons. Not to mention totals on Wisconsin Badgers vs. Michigan Wolverines and Georgia Bulldogs vs. Baylor Bears. You can combine all these wagers into one major bet. If you win every single one, you will also win the parlay! However, if you lose even one bet, you won’t be able to cash in your ticket. Futures. Futures bets are wagers on events that are yet to happen. Examples of these include wagering on who bettors think will win the National Championship, Playoffs, or even the Heisman Trophy. Futures odds will look a bit different compared to other college football odds: The higher the team’s chances of winning, the shorter the odds. In the table above, Alabama Crimson Tide has a higher chance of winning the National Championship than the LSU Tigers and USC Trojans. However, the payoff is enormous when you bet on the USC Trojans, and they manage to recover from their slump and win the championships. Betting $100 can give you a shot at a $20,500 win!
Betting Odds Explained – A Beginner’s Guide to Gambling. Betting odds tell you how likely an event is to happen They also tell you how much money you will win However, at first, they may seem confusing and complex Our comprehensive guide takes you step-by-step to explain them. If you’re new to betting, one of the first things you should do is learn how betting odds work. It’s critically important because it allows you to understand how likely an event is to happen, and what your potential winnings will be. At first, it may appear confusing, however, read our guide and let us explain it to you. In gambling, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 3 to 1 mean the first party (the bookmaker) stakes three times the amount staked by the second party (the bettor). What is Probability? The most basic level, betting provides you with the ability to predict the outcome of a certain event, and if your prediction is correct, you will win money. For any given event, there are a certain number of outcomes. Take rolling a dice for instance. If someone rolls a dice, there are six possible outcomes. Therefore, if you bet that the person rolls a ‘one’, there is a 16.67% chance that will happen. What betting odds merely do is present how likely the event is to happen. Bookies most frequently in the UK do this as a fraction, i.e. 4/7, whilst the vast majority also offer the ability to view them as decimals. Again, let us talk you through them. All will become clear. Using Betting Odds to Calculate Probability. Whenever you see two numbers separated by a trailing slash, i.e. 10/1, this is known as fractional odds. From this, you can calculate how likely a given event is to happen with a calculation. For ease of explanation, let’s replace the numbers with letters i.e. 4/1 becomes A/B. Here is the calculation: Probability (%) = B / (A+B). Hooray! We’re making progress. Given a fraction, we can now tell how likely (the probability) what we’re going to bet on will happen. Now let’s figure out how much money can be won using betting odds. Using Betting Odds to Calculate Winnings. Betting odds allow you to calculate how much money you will win if you make a bet. Let’s use the same examples as before, with the same replacement of numbers for letters, i.e. 4/1 becomes A/B. Quite simply, for every value of B that you bet, you will win A, plus the return of your stake. 9/1 for every £1 you bet, you will win £9. 4/1 for every £1 you bet, you will win £4. 1/1 for every £1 you bet, you will win £1. 1/4 for every £4 you bet, you will win £1. What About Decimals? Decimals are far more common on exchanges, such as Betfair, but all leading betting sites do give you the option to view betting odds in this format. They are an alternative to seeing betting odds in the fraction format, and in our opinion, are easier to work out. Here is the calculation: winnings = (odds * stake) – stake. Let’s illustrate it with some examples. 9.0 can be calculated as (9.0 * £10 stake) – £10 stake = £80 winnings. 4.0 can be calculated as (4.0 * £10 stake) – £10 stake = £30 winnings. 2.5 can be calculated as (2.5 * £10 stake) – £10 stake = £15 winnings. 1.25 can be calculated as (1.25 * £10 stake) – £10 stake = £2.50 winnings. You can use our bet calculator to help you calculate winnings. USE BET CALCULATOR. Decimal Odds Versus Fractional Odds. In truth, one isn’t better than the other but there is certainly a trend emerging towards decimal odds. Historically fractional odds were used in the UK, especially on racetracks and on the high street. There are two key differences. Generally, decimal odds are easier to understand. Based on this, there has a movement to attract more people to horse racing by making it more accessible to the average punter. Ten years ago, if you were going to Cheltenham, all the odds would be displayed as fractional odds. Now, they’re largely all in decimals. Don’t hesitate to check out our exclusive Premier League Betting Offers ! The second difference between the formats is that fractional odds only represent winnings, and do not include the returned stake compared to decimals which do include the stake. The transition from fractional odds to decimals largely kicked off with the growing popularity of the betting exchanges such Betfair. For odds to change slightly, it’s really difficult to marginally increase or decrease the probability without creating large fractions which are hard to compute for the punter. Use Our Tool to Convert Betting Odds Into Your Favourite Format. Our odds converter tool will allow you see odds in whatever format you like . Not only that, but it’ll tell you how likely the selection is to win! In Summary. Next steps. That’s it! Hopefully, that clears up betting odds. You should now have the knowledge to read betting odds, understand how likely it is to happen, and how much you stand to win. Found this article useful? We have loads more similar ones in our learning section . Here are some popular ones; Find out if using tipsters can improve your chances of winning Each way betting explained Learn what laying a bet means Understand how handicap betting works Our homepage lists all available betting sites for new customers .
Betting Odds Explained. More for Beginners. Betting Odds Explained What is a Betting Exchange? Betfair v Smarkets Betfair Exchange Guide Smarkets Exchange Guide. Matched betting is available to everyone, even those of you who have never placed a bet before. If that’s you and you want to know more about betting odds, you’re in the right place! In this guide, I’ll explain what betting odds are, how they work and how we can use them to work out the probability of an event occurring. What are betting odds? Betting odds are numbers used by bookmakers to represent the probability of an outcome occurring and tell us how much they’re willing to pay out on a winning bet. Betting odds may seem a little confusing to start with, but they’re actually quite straightforward once you’re familiar with them. What is probability? Probability is the likelihood of an outcome happening and is usually displayed as a percentage. For example, if we were to toss a coin, there are two possible outcomes. There’s a 50% chance that the coin will land on heads and a 50% chance that the coin will land on tails. How do betting odds work? Betting odds are displayed as fractions or decimals and tell us how much we stand to win if our bet is successful. Traditionally, bookmakers display their odds as fractions, such as 9/1 on England to win the World Cup. Fractional odds explained. Fractional odds tell us how much we stand to win in relation to our stake. The number on the left is the amount we stand to win if we stake the amount on the right. So, if we bet £1.00 on England to win the World Cup at odds of 9/1, we’ll win £9.00. We’ll also get our £1.00 stake back, giving us total returns of £10.00. Here are some other examples… 5/1 – We’ll win £5.00 for every £1.00 we bet 6/4 – We’ll win £6.00 for every £4.00 we bet 1/2 – We’ll win £1.00 for every £2.00 we bet. Decimal odds explained. Decimal odds show us how much a winning bet will return, inclusive of our stake. We simply multiply our stake by the odds, to get our total returns. So, if we bet £1.00 on England to win the World Cup at odds of 10.00, we’ll get £10.00 back, which includes our £1.00 stake. Here are some other examples… 6.00 – A £1.00 bet would return £6.00 2.50 – A £4.00 bet would return £10.00 1.50 – A £2.00 bet would return £3.00. As you can see, the fractional odds of 9/1 and the decimal odds of 10.00 return exactly the same amount. They’re just different ways of displaying things. Which odds format is best? I think if you asked a regular punter, they would probably favour fractional odds because that’s what they’re used to betting with. When it comes to matched betting though, decimal odds are the clear winner. They’re much easier to compare at a glance, which is an essential part of the matched betting process. Betting exchanges display their odds as decimals too, so it makes sense all round to go with decimals. To illustrate just how much easier decimal odds are to compare than fractions, take a look at the following graphics… I’m sure you’ll agree, it’s much easier to compare the decimal odds at a glance than it is their fractional equivalents above. What are moneyline odds? You won’t ever need to use them for matched betting, but they’re worth mentioning as you’ll no doubt come across them as an option at some point. Fractional to decimal odds. We shouldn’t need to manually convert odds all that often as we can simply change our odds preference at the bookmakers. I’ve also created an Odds Converter tool that will help you convert fractional, decimal and moneyline odds into your preferred format. You can also get the implied probability of an outcome happening based on the odds you’ve entered. To be honest though, after a while you’ll probably find yourself converting odds in your head without even thinking. Example. In this example, we’ll convert fractional odds of 9/1 into decimal odds. To do this, we simply divide the number on the left by the number on the right and then add one, which accounts for our stake… So, fractional odds of 9/1 is the same as decimal odds of 10.00. Here are some other examples… 5/1 – 5 divided by 1 equals 5, plus 1 equals 6.00 6/4 – 6 divided by 4 equals 1.5, plus 1 equals 2.50 1/2 – 1 divided by 2 equals 0.5, plus 1 equals 1.50. Calculating implied probability. Implied probability is simply the conversion of betting odds into a percentage. It gives us a rough idea of how likely something is to happen. The actual probability of an outcome happening is usually a little less than the implied probability. This is because betting odds factor in the bookmaker’s margin. Bookmakers offer odds that they believe are lower than the actual chances of something happening. This is how they make their money in the long-term. Example 1. In this example, we’ll calculate implied probability from fractional odds of 9/1. To do this, we simply divide the number on the right by the sum of both numbers and then multiply by 100… So, if something has fractional odds of 9/1, it has an implied probability of 10%. Here are some other examples… 5/1 – 1 divided by 6, then multiplied by 100, equals 16.7% 6/4 – 4 divided by 10 , then multiplied by 100, equals 40% 1/2 – 2 divided by 3 , then multiplied by 100, equals 66.7% Example 2. In this example, we’ll calculate implied probability from decimal odds of 10.00. To do this, we simply divide one by the decimal odds and then multiply by 100… So, if something has decimal odds of 10.00, it has an implied probability of 10%. Here are some other examples… 6.00 – 1 divided by 6.00, then multiplied by 100, equals 16.7% 2.50 – 1 divided by 2.50 , then multiplied by 100, equals 40% 1.50 – 1 divided by 1.50 , then multiplied by 100, equals 66.7% Final words. That’s pretty much everything you need to know about betting odds and how they work. In a nutshell, betting odds give us a rough probability of an event occurring and they tell us how much money our bet will return if it wins. Don’t worry if things still feel a little alien at this point. I’ve every faith you’ll get to grips with them in no time! Get regular offer updates , tip and tricks , big offer alerts and more straight to your inbox.
Sports Betting Odds. Sports Betting Odds Explained. Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below. American Style Sports Betting Odds. Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams: American Odds. The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign. The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play. A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits. Examples: Examples: Below is an example of NFL betting odds taken from an online betting site. 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? MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above. Decimal Style Sports Betting Odds. 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. For example it may look something like this: Decimal Odds. Matchup Odds USA 2.40 Brazil 1.55. If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits. If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits. Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.
How Do Odds Work in Betting? If you are planning to start betting, be it casino gambling, sports betting, or any other type, it's important to understand the odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats. The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts. This means that a chance (percentage probability) of an event occurring can be converted and presented in any of the aforementioned types of odds. How Fractional Odds Work. Fractional odds (aka British odds, UK odds, or traditional odds) are popular among British and Irish bookies. These are typically written with a “slash (/)” or a “hyphen (-),” e.g. 6/1 or 6-1 and announced as “six-to-one.” Fractional odds are used by some of the world’s largest bookmakers, making them the most preferred odds across the globe. Therefore, the total (potential) return on a stake can be stated as: For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the 2017-18 NBA Championship. Below is a selection of the three teams that had the lowest odds of winning. Golden State Warriors: 10/11 Houston Rockets: 9/4 Cleveland Cavaliers: 7/1. It can quickly be determined that the Golden State Warriors are the favorites while the odds on Houston and Cleveland winning are longer. That is, one wins only $10 against every $11 wagered on Golden State to be the champions. Meanwhile, one wins $9 against each $4 (i.e. 3.25 times) put at stake for Houston to win, which is a bit less probable. For Cleveland, one wins $7 against each $1 bet. In the above example, if you bet $100 on Golden State to win, you could make a $90.91 profit [$100 x (10/11)], and could get back your initial stake of $100, resulting in a total payout of $190.91. However, if you wager $100 on Houston to win, you could receive a profit of $225 [$100 x (9/4)], in addition to the $100 initial stake leading to a total payout of $325. The potential profit for a Cleveland win would be even higher, as you could make a profit of $700 [$100 x (7/1)]. With the initial stake of $100 being returned, it would make for a total payout of $800. How Decimal Odds Work. Decimal odds (aka European odds, digital odds, or continental odds) are popular in continental Europe, Australia, New Zealand, and Canada. These are a bit easier to understand and work with. The favorites and underdogs can be spotted instantaneously by looking at the numbers. The decimal odds number represents the amount one wins for every $1 wagered. For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number (no need to add back your stake), which makes its total payout calculation easier. The total (potential) return on a stake can be calculated as: For instance, one of the renowned betting websites priced the candidates to win the 2020 U.S. Presidential Election. Here, we list the decimal odds for the candidates and the biggest long shot among the candidates listed by the bookmaker. Donald Trump: 4.00 Joe Biden: 1.3. These numbers merely represent the amount one could win against each $1 put at stake. Therefore, if one bets $100 on Donald Trump to be re-elected as president, this person could make a total payout of $400 ($100 x 4.00). This amount includes the initial stake of $100, giving a net profit of $300. Similarly, a bettor could make a total payout of $130 ($100 x 1.3) if they successfully bet $100 on Joe Biden. Deducting $100 from this return gives the bettor the net profit earned. Reviewing the prices that the bookmaker has set for each candidate, it can be determined that according to the bookmaker, the probability of Biden (favorite) winning the election is higher than that for Trump. The higher the total payout (i.e. the higher the decimal odd), the less probable (and riskier) it is for the listed candidate to win. How American (Moneyline) Odds Work. Let’s understand this with the help of an example: One of the popular betting websites priced the NCAA "Sweet 16" men's basketball game between Duke and Syracuse on March 23, 2018, with the following moneyline odds. In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament. Key Takeaways. The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing, and hold no difference in terms of payouts. Fractional odds are the ratio of the amount (profit) won to the stake; Decimal odds represent the amount one wins for every $1 wagered; and American odds, depending on the negative or positive sign, either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked. The Bottom Line. If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well. Once you have mastered the three popular types of odds (fractional, decimal, and American), you can move towards a more detailed read on this topic and find out how the house always wins. Please refer to Understanding the Math Behind Betting Odds & Gambling for the conversion between the different formats of odds, the conversion of odds into implied probabilities, and the differences between the true chances of an outcome as well as the odds on display.
How To Read Odds. Understanding betting odds is key to successful betting. If you do not understand betting odds and the probabilities that they imply, you will struggle to succeed in betting on sports long term. You don’t need to be a math genius to succeed in betting on sports, but if you do not understand what betting odds reflect, you are setting yourself up for failure. How to read American odds. There are three popular odds formats: Fractional Odds Decimal Odds American Odds. For the purposes of this article, we will focus on American odds. Know your potential profits when you make a wager with this betting odds calculator. American odds are presented as either positive or negative odds. The following is an example of American odds for an NBA game between the Los Angeles Lakers and Chicago Bulls. Put Your Odds Knowledge to the Test. Super Bowl Special Offer. A big offer for the Big Game! Players can get a Risk Free First Bet up to $600 and, in addition, all users will receive $50 of Parlay Insurance. New customers only. 21+. NJ, CO, IN, TN, IN, MI, IA, VA and WV only. How to calculate implied probability. As previously stated, understanding and calculating the implied probability in betting odds is key to long-term betting success at, for instance, Pointsbet Sportsbook. So how do we calculate the implied probability in American odds? Calculating the implied probability in positive American odds is quite simple: So the implied probability of the Lakers winning the game is 0.4348 (or 43.48%). In this instance, the bookmakers believe the Lakers are a 43.48% chance of winning the game. Calculating the implied probability in negative American odds is fairly straightforward: So in our example, the Bulls are at odds of -140 to win the game. What is the implied probability of these odds? So the implied probability of the Bulls winning the game is 0.5833, or 58.33%. In this case, the bookmakers see the Bulls as a 58.33% chance of winning the game. Value bets. As stated earlier, the key to successful betting is to bet only when there is value. In our example, we should only bet on either the Bulls or the Lakers if we determine that they are a better chance to win the game than what the odds represent. If we believe the Lakers are a better chance to win than 43.48%, we should bet on them. If we believe the Bulls are a better chance to win than 58.33%, then likewise, we should bet on them. Understanding betting odds is crucial to long-term betting success. Possessing an intimate grasp of betting odds and their implied probabilities is fundamental to profitable betting. See real odds at online sportsbooks. At many sportsbooks, you’re free to see the odds no matter what state you happen to be in. However, you can only place real money bets at online sportsbooks odds if you’re located in states that have legal sports betting. However, if you want to bet on horses, you’re more in luck there! Many states allow for online horse racing betting and you can see odds at most of the big horse racing tracks around the world. Betting Against The Odds. In Summary: Betting Odds Explained. Betting odds represent the probability of an outcome occurring and the return (profit) you will receive if your bet is a winner. It could be the likelihood of all of your final four betting picks being correct. The probability represented by betting odds is often referred to as the ‘implied probability’. Understanding the implied probability is crucial. Why? Because you should only bet when you believe the probability of an outcome occurring is higher than the implied probability. But if you would like to learn more about betting odds and alternative odds formats, try this odds converter. Let’s consider an example. Let’s say the New York Giants are facing the Washington Redskins in a regular season NFL game. The Giants are at odds of -110 to cover the betting line of -3.5 points. The probability implied in the odds -110 is 52.4%. You’ve done your research and have determined the Giants are a 60% chance to cover the -3.5 betting line. As 60% is greater than 52.4%, you have found what is commonly referred to as a ‘value bet’. However, if following your research you determined that the Giants are only a 45% chance to cover the -3.5 points betting line, the implied probability of the odds is greater than your determined probability. You have not found a value bet and should not place a bet on the Giants.
Sports Betting With Credit Cards. I think most people would agree that using your credit card to deposit funds in your online sports betting account is the simplest and most convenient option out there. Nearly everyone has a credit or debit card that they can easily use for online gambling entertainment. Both US and non-US players can use their credit card for online sportsbook wagering at a variety of high quality, secure sports betting sites, such as the ones featured in the tables below. We're pleased to see the online gambling industry embracing this payment method, and I personally use it as my preferred method for funding my sportsbook account every single weekend. Credit card sports betting was on shaky ground there for a while within the US market. Additional regulation was put in place when the UIGEA bill was enacted, and credit card companies started blocking all gambling related transactions initiated by USA players. Since that time the sportsbooks, payment processors, and gamblers have learned to work within the guidelines put in place with that law, and things are now up and running smoothly when it comes to successful credit card transaction approval for players in the United States. Once again we can use our credit cards for some online betting entertainment. While credit cards are not the payment method of choice for all players, added security that has been put in place by the major brands has drawn many players back to this payment platform. Services such as Verified By Visa, MasterCard SecureCode and the American Express Security Center have all made transaction processing and the transmitting of sensitive data even safer for us, something I appreciate greatly. I've actually had my debit card number stolen a few times by local merchants at which I used it, and cleaning up that mess was not fun. I appreciate the major credit card brands adding extra security to my online purchases to eliminate this risk. USA Sports Betting With Credit Cards. Usa players will be glad to hear that our featured sportsbooks accepting credit cards can now offer a highly successful payment operation for using your card at their site. No more rejections and having to run the card over and over to get lucky. The sites we have listed here for US players all utilize high quality payment processors to ensure their success. For more information about the options available to American players, visit our page on USA sportsbooks, as well as any of the additional credit card sports betting guides featured at the bottom of the page.
VISA Sports Betting Sites. One of the most important parts of an online sportsbook for both the player and the sportsbook itself are the methods in which deposits are done. Players need safe and effective methods for them to be able to deposit, while sportsbooks need to offer a variety of options because one deposit method does not work for everyone. One of the most popular ways that online sportsbooks allow players to deposit is through credit cards. And of those credit cards, VISA might be the one most often accepted. VISA cards are owned by plenty of USA residents, and being able to deposit into an online sports betting site with a VISA card appeals to a wide number of prospective bettors. Find out about the advantages and benefits to making a VISA deposit into an online sportsbooks, but also some of the potential drawbacks that you might find. Essentially, this page covers all of the most important factors for depositing into an online sportsbook with a VISA card. Benefits Of Using VISA To Deposit. Instant Deposit Into Your Account - Unlike some of the other deposit methods that are out there, VISA is an instant transaction into your online sportsbook account so you can begin to play and bet right away. There are some extra fees on this method generally speaking, but it’s an extremely viable alternative. No Bank Account Information Required - Obviously your VISA credit card number along with some basic personal info will need to be entered but nothing else is required like you would find with some other methods. This can help to keep you safe, and provide a sense of security as you use the online sportsbooks. Once On File Re-Deposits Are Easy - Once you've linked your account with your credit card, it only takes a few moments to attempt the transaction. It may be declined however even if it worked the time before. This is because of the WIRE Act, but don’t worry - you aren’t in trouble if this happens. Drawbacks Of Using VISA. Transactions Don't Always Go Through - Because of the UIGEA, electronic transactions like using VISA to make a deposit can be declined. It's not because you don't have the money or there is trouble with your account but rather it is because the sportsbook's payment processor has been flagged for gambling transactions. If this happens, do not worry, you are fine, it just means you will have to use another method of payment to get your money onto the sportsbook in question. This is a big reason why we have so many payment pages on this website, actually. It’s not a huge deal, but you might be unable to pay for certain sportsbooks with certain cards. International Charges – Unless your card is approved for international charges, you may receive a fee from the sportsbook as well as your bank. If you do not want to incur this fee, consider buying a prepaid VISA Gift Card that is specifically made for overseas use. This way, your information will be safe and fees will be inexistent. You can check out our page on prepaid cards for more information on this option. State-Licensed Sportsbooks – Some local sportsbooks won’t allow for credit card transactions but rather cash or casino chips only. You are able to get credit at the cage with a player’s card, but this isn’t the best strategy as you will begin your wagering on credit. Instead, it is advised to remove cash from an ATM or a bank with your VISA debit card before visiting a local sportsbook. VISA Credit Card Deposits vs. VISA Gift Card Deposits. Use as an alternative to your bank card, gift cards are offered by Visa, so they’re worth mentioning here. Typically, if an online sportsbook accepts VISA, they will accept any VISA-branded card, which includes the aforementioned gift cards. Acceptance rates for gift cards are higher – generally 100%,- whereas actual bank cards can and have run into problems with online sportsbook transactions. This can make using VISA gift cards a useful alternative – they tend not to get caught up by the UIGEA, and so they are more reliable than using a normal VISA card is in an overall sense.sportsbook accepts VISA, they will accept any VISA-branded card, which includes the aforementioned gift cards. Acceptance rates for gift cards are higher – generally 100%, whereas actual bank cards can and have run into problems with offshore sportsbook transactions. What Do I Do If My VISA Card Deposit Is Declined? The basic gist is that if your card is declined, it means your transaction was noticed by the bank and stopped under UIGEA. This isn’t a problem for you legally, but it can make it trickier to deposit money into your online sportsbook account. There is good news, however. Online sportsbooks will most likely have other forms of deposit methods for USA players to make a deposit, though that is not 100% guaranteed. If your card is declined, you could try utilizing a wire transfer from a company like Western Union. You also have options like money orders or cashiers checks. You could even use a different card, such as MasterCard or American Express. We have used VISA credit and debit cards to deposit a time or two and know the drill. Between the people writing this page, we have decades of betting experience. In fact, we've actually made VISA deposits into each of the sports betting sites that we've listed below. We’re gamblers as well, we like doing it as much (or more, in some cases) as you do. As far as the websites go, these are the top of the line, the best 2021 VISA online sportsbooks around. Each of these sites take VISA and are regarded as some of the elite players in the industry. Combine those two things with the fact that they all accept players in the U.S., you've got a winning combination. Bovada - High Rate Of Acceptance With VISA Credit & Debit Card Transfers. Bovada is a great online sportsbook for USA players which has a high acceptance rate of VISA cards being accepted. Bovada makes it simple and easy to deposit with a VISA Card. A first-time deposit bonus of $250 is offered to new players as well, so if you have a VISA card, you have a deposit method with Bovada. Those who do create an account with Bovada will be able to bet on hundreds of great odds for professional and collegiate sports across the United States, as well as international as well. Wager on the NFL, NBA, NHL, MLB, college football and a whole lot more. BetOnline - Low Fees For Processing Transactions; 15% bonus on VISA. Deposit with a VISA Card at BetOnline, and you can get a 25 percent bonus up to $1,000 on every deposit you make into your account there. It's a bonus for life! This is one of the best bonuses you will find, and a VISA deposit makes it easy to fund your account and receive your bonus. MyBookie - Top Of The Line Visa Sportsbook. MyBookie is an excellent sportsbook for those who wish to use their VISA card to deposit money. MyBookie’s sportsbook offerings are geared towards the relatively casual bettor, and they have a lot to offer. You can bet on almost anything at MyBookie, from the sharpest of NFL lines to the most esoteric table tennis match in Russia. Where MyBookie really shines is their ability to offer fun props on things that are tangentially sports-related. If you want to bet on the odds of Donald Trump being banned from Twitter, or of Harvey Weinstein dying in jail, you can do that at MyBookie. They have odds on anything, and that’s not an experience you can replicate at the state-owned sportsbooks. MyBookie is absolutely worth a shot. Sportsbetting.ag - VISA Cards Accepted. SportsBetting offers its players the option to deposit with a VISA card, and fund their account quickly. SportsBetting has a bonus for every deposit made into an account, in their bonus for life offer. Get up to $1,000 every time you make a deposit, for a ton of free wagers!
Mastercard Sports Betting Deposits. Online sportsbooks are the most popular way to gamble on your favorite players and teams, and with the advent of alternative currencies like Bitcoin, it’s easier than ever to get your account loaded up so you can bet and win real money. But though there are many sportsbook funding options available these days, credit cards are still the most widely used method for most bettors. Naturally, that means a significant number of players need to know how to make Mastercard sports betting deposits. To that end, we’ve put together this brief guide on exactly that, so you can get your bankroll topped off in just seconds and never miss out on any valuable betting lines for all the day’s action. There are some things money can’t buy. For everything else, there’s Mastercard sports betting! Best Legal Online Sportsbooks Accepting Mastercard Deposits. Below you'll find our top recommended online sportsbooks accepting MasterCard deposits. They are each operating legally outside of the US and accept American bettors. We've also listed their current bonus offers. We ourselves are registered customers at each of these brands and can recommend them based on personal experience as well as our professional interactions with them. Site Name Current Bonus U.S. Visit Site 50% Max $250 Visit Site Review 2 50% Max $1,000 Visit Site Review 3 50% Max $1,000 Visit Site Review 4 100% Max $500 Visit Site Review. Is It Legal To Use Online Sports Betting Sites That Accept Mastercard? Yes! If you’re interested in online sports betting, Mastercard is a safe, legal, convenient option for getting your bets funded ASAP. There are no US federal gambling laws that bar access to these real-money betting sites. As long as you’re 18+, you can sign up and place your wagers! However, it should be noted that the states of Washington and Connecticut have nominal restrictions on all online gambling. While their laws appear to be entirely unenforced and all the best online sports betting sites accept members from both states, you must proceed only at your own risk if you live in either WA or CT. Generally speaking, as long as you bet on sports only with the most reputable internationally licensed offshore sportsbooks like those listed above, you are breaking no laws and can safely use Mastercard to get in the game! How The UIGEA Impacts Mastercard Gambling Transactions. One thing to be aware of regarding credit card deposits at international online sportsbooks is the fact that a particular US banking regulation – the UIGEA – can occasionally cause your transactions to be declined. This is true whether you’re making a sports betting Mastercard deposit or a sports betting Visa deposit at any legal overseas gambling destination. However, the UIGEA is not aimed at individual bettors, as the law applies only to US-based banks and financial institutions, stopping them from “knowingly” allowing non-regulated gambling transfers to or from online betting sites. In about 5% of cases, the UIGEA will result in your Mastercard being declined when you attempt to get money into your betting account. When this happens, you have done nothing wrong, and your card has not been disabled. Just wait a few minutes and try again or choose a different banking option like Bitcoin sportsbook deposits, Bitcoin Cash, Sportsbook Vouchers, Zelle, or QuickBit sportsbook deposits, bank wires, etc. What Sports Can I Bet on Using MasterCard? All the best sports betting sites that accept Mastercard are listed on this page. These services represent the top tier of the online betting industry, with robust sportsbook options that cover everything from the major US and collegiate sports (NFL, NBA, college football, MLB, etc.) to international favorites like soccer, rugby, cricket, and more. With dozens of different markets and thousands of odds and lines available – and with full live betting and mobile betting options – you’ll never run out of action. Plus, when your teams are in their offseasons, you can still wager on sports sims to hone your virtual craft, and eSports betting and entertainment odds are on tap to keep you busy year-round. Mastercard Sports Betting Banking Options. All the best US sportsbooks that accept Mastercard typically offer four different categories of support for the platform: credit, debit, prepaid cards, and gift cards. Of these methods, we prefer gift cards, as these have the highest rate of success in cutting through the meddlesome red tape of the UIGEA law. Still, all the Mastercard banking options supported are extremely secure, and they each work the vast majority of the time. When you engage in Mastercard gambling on your favorite players and teams, you can choose from the following card-based deposit options: Mastercard Credit Cards. Most online sports bettors use typical Mastercard credit cards. While these options carry fees of between 3% and 7% at most books, they’re usually waived for first-time depositors. Additionally, there are international transfer fees levied by your bank when going this route, so you should take those into account as well. And, of course, due to the UIGEA law, about one in every 20 or so Mastercard deposits will be declined. Still, if that happens, you can try again in a few minutes, or you can use an alternative payment option, like a Bitcoin betting deposit. Mastercard Debit Cards. All Mastercard gambling sites accept debit cards in addition to credit cards. When you use a Mastercard debit card to load up your online betting account, you may or may not have to pay the same fees as with the credit card option, and international surcharges also apply. Similarly, the UIGEA will occasionally prevent these transactions. Still, Mastercard debit is a viable option, and many bettors exclusively use their debit cards for their online gambling banking. Transactions are instantaneous when they work, and rejected transfers do not result in your card being disabled in any way. Mastercard Prepaid Cards. In general, using a prepaid Mastercard (or a Mastercard secured credit card) works well for bet funding, as this is less likely to be hung up by the UIGEA. All the same fees do apply, but the increased success rate means you won’t have to worry as much about missing out on time-sensitive betting lines when depositing this way. However, a word of caution: Secured credit cards are primarily used to help you build your credit score, so it’s imperative that you keep that in mind and make only smaller, easily manageable deposits. Of course, that’s easy to do, since you’ve already got a set amount of money backing that prepaid card and can’t functionally go over your limit. As long as you’re responsible, prepaid Mastercard online gambling is a great way to secure your financial future – and those valuable futures odds! Mastercard Gift Cards. Our preferred method of Mastercard deposits is to use a Mastercard gift card or Mastercard e-gift card. These are already entirely funded, which means that the UIGEA almost never interrupts or sidelines such transactions. Again, the typical processing fees apply, and with gift cards, you must ensure that your card is rated for international purchases. Remember, all the best online sportsbooks operating legally over the Internet are located outside of the US, which means that all transactions are international in nature. If you attempt to use a gift card that is rated only for US purchases, your bet funding will not go through. All in all, however, if the bettor in your life wants the perfect gift, Mastercard is an excellent option.
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Legal Sports Betting Is Bigger than Ever -- But COVID Could Hurt Bets on the Big Game. Social distancing could take a toll on wagers this year. Overall wagers could be down 37% this Sunday compared to last year But online bets for Sunday could rise by 63% from 2020 DraftKings stock is up more than 300% over the past 12 months, thanks to the rise in online betting. Sports betting is more popular, and legal, than ever, and one of biggest draws for bettors every year is wagering on the Big Game. But, like everything else right now, COVID-19 is having an impact on football betting this year. In the video below, we'll take a closer look at why wagers on Sunday's game will likely be lower than usual, and how online sports betting -- fueled by companies like DraftKings (NASDAQ:DKNG) -- are scratching an itch for those wanting to place bets during socially distant times. Motley Fool Returns. Stock Advisor launched in February of 2002. Returns as of 02/07/2021. Stocks. DraftKings Inc. NASDAQ: DKNG. Related Articles. Why DraftKings Stock Rose 16% in January These 3 Tech Stocks Are Absurdly Overvalued Right Now Stock Market Wrap-Up: DraftKings Scores; Tesla Does the Texas Two-Step Here's Why I'd Avoid DraftKings Stock Like the Plague 3 Tech Stocks You Should've Bought a Month Ago. Prev 1 Next. Terms of Use Privacy Policy Accessibility Policy Copyright, Trademark and Patent Information Terms and Conditions Do Not Sell My Personal Information. Market data powered by FactSet and Web Financial Group.
The Homa Files. Nate Silver trashes “prediction markets”… He was for them before he was against them. ============= You’ve probably heard of Nate Silver … a self-identified prediction guru. In 2012, he wrote a book called “The Signal & the Noise – why many predictions fail … but some don’t”. In the book, Silver made references to prediction markets, e.g. the betting books and online sites such as Predict It. One might expect these markets to improve predictions for the simple reason that they force people to put their money where their mouth is, and create an incentive for their forecasts to be accurate. I buy that logic, which is why I oft reference what the prediction markets are saying about this year’s election. Noteworthy: the left-leaning Silver, changed his position on prediction markets when Trump closed the odds gap against Biden… He now says that prediction markets are “dumb” … the province to “techbros and financwbros”. Since Silver predicted on election day 2016 that Hillary had a 99% chance of winning, his tweets got some predictable pushback. Here’s my favorite: Nate, chill out “pollbro” and stop pretending like there is some profound, abstruse and complex science involved here – there isn’t – and that only certified grand druids of polling have a right to opine on the future. If anything, you are the one who should shut up, instead of trying to “look smart” by bashing (folks who follow the prediction markets). Bettors who are right get rewarded. Those who are wrong lose the pot. You, on the other hand, were hopelessly wrong in 2016 and yet here you are pretending you have some arcane “technical and domain expertise.” It appears that despite his catastrophic track record from 2016, You still believes that you somehow hold a monopoly on forecasting and “analyzing” polls. We are shocked that people still care and listen to what you have to say. Source. For the record, Silver currently posts Biden as a 71-28 favorite…. ============= P.S. Now that the betting markets have turned back in Biden’s favor (see chart above), I wonder if Silver will continue to diss them. I’m betting the under on that one. SHARE THIS POST WITH FRIENDS & FAMILY. Related. This entry was posted on September 8, 2020 at 10:00 am and is filed under #Believe Women, 2020 Election - Odds & Polls. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. 2 Responses to “Nate Silver trashes “prediction markets”…” Todd Says: September 16, 2020 at 11:37 pm | Reply.
A Beginner’s Guide to Understanding Sports Betting. Before May 14, 2018, all sports betting outside of the state of Nevada had been illegal. The explosion of betting markets since then has been nothing short of remarkable. Americans love to gamble. In 2016, we spent over 100 billion dollars on all types of gambling, from horse races to nickel slots . The online betting market handles billions of dollars on a monthly basis. Although this is all exciting and we want in, it can be easy to get lost with all the terms getting thrown around. Read ahead for our crash course in understanding sports betting and how to get started. Our Fascination With Sports Betting. The next time someone tries to give you an attitude about your betting, politely remind them that you are simply taking part in an ancient tradition. That’s right. We know the Ancient Greeks were betting on sports and other competitions more than 2,000 years ago. Later, the Romans were placing bets on gladiator fights. Over the years, different rulers have tried to make it illegal. Others realized that if you can’t beat them you should join and created legal gambling institutions. From Underground to Mainstream. Sports betting continued to thrive across the world. Betting on horse races became very popular in England and moved to the United States . There was a certain posh about going to the tracks. It was something that brought communities together and provided lots of entertainment. Of course, there was no shortage of people trying to profit off of it. The Emergence of Bookies. Bookmakers or bookies as most people call them, accept bets and pays them off. During different periods of history, bookmaking has been banned in various countries. Depending on the place, bookies can work out in the open. They are a common site at casinos and horse tracks. However, there was a time when they had to operate in the shadows to avoid trouble with the law and the IRS . Otherwise, Americans often placed bets through bookies overseas in places like the Caribbean and Costa Rica , where they could operate legally. Understanding Sports Betting. If you have been around people talking about sports betting, you’ve certainly heard a bunch of funny words getting thrown around that may have gone over your head. Sports betting has its own culture and, with that, comes its own language. Short for the underdog, the dog is the team or player that is less likely to win. However, that doesn’t mean they always lose. Betting on the dog sets you up to win big if you can correctly predict an upset. Who doesn’t love a great underdog story? Odds On Favorite. This is basically the opposite of the dog. The favorite is the team that projected to win. Generally speaking, betting on the favorite is safer but the cashout is smaller. Some people always bet on the favorite regardless. However, the favorite isn’t guaranteed to win so don’t say we didn’t warn you. Point Spread. This is an important concept called spread betting. You simply pick a winner of a certain game but keeping in mind that the underdog will have a certain advantage. Parlay. A parlay is when you bet on two or more consecutive games. In a three-team parlay, for example, all three teams that you selected must win. This is an extremely exciting way to play. Imagine the excitement as your teams keep winning and you get ever closer to hitting that big score. Over/Under. You can bet on more than the outcome of a game in terms of winning or losing. You can also try to guess the total combined score of both teams. You can be on whether the combined score will be greater and or less than a certain number. For example, if the over/under for football game is 25 and you pick ‘under’. You are hoping that it is a relatively low scoring game, without worry about who wins. How To Get Involved. It’s never too late to get involved with sports betting. Since it has become legalized, there are tons of options in the sports betting market depending on what suits you. You can hit an online betting market if you’re the type who prefers staying at home. Gone are the days when it was necessary to meet up with your friendly neighborhood bookie at Waffle House to place your bets and get paid. Don’t feel pressured to make big bets on things you don’t really understand. Take your time with some smaller bets to get a feel for how it works. How Much Many Can I Make? Truly, there is no limit to how much money you can make off sports betting . However, you need to bet more to make more. In large part, it depends on your bankroll and how much you willing to bet. However, there are plenty of people who make a living on sports betting . However, always remember that you shouldn’t bet more than you can afford to lose. Some people do it for fun and some people make hundreds of thousands of dollars. Becoming a Bookie. It doesn’t stop there. You can become a bookie and help others place bets . No, you don’t have to be a wiseguy or wear a trench coat. The fact is, becoming a bookmaker is a surefire way to make money. The more people you bring in, the more you get paid regardless of the outcomes of their bets. Check out this article to learn you can become a bookmaker . Work on your own time and as much or as little as you want. Getting the Most out of Sports Betting. Sports betting adds a massive degree of emotion and excitement to any competition, even if its division III college volleyball . And of course, there is a lot of money to be made. However, understanding sports betting is crucial in order to get the most out of it. 3 Good Books About Starting Out. When you start out better, you should dive into some books for strategies and more. It’ll help you in the long run. We’ve gathered our favorite titles together. In 2019, sports bettors wagered $150 billion in 2019, according to Morningstar. That figure is set to surge in the future as more states legalize gambling and establish sportsbooks. But the world of sports betting has its own lingo that people can find intimidating. Also, although most people are betting for entertainment, no one wants to waste their money on something they don’t fully understand. However, there are many books out there that can help shed some light on sports betting. If you are a novice, these books will help you gain invaluable basic knowledge. And if you have the experience, these titles could help fine-tune your betting prowess. In the following article, we’ll suggest three excellent books on sports betting that will not only educate but entertain. 1) ‘Sharp Sports Betting’ Leads Our Books. This book is considered by many as the “Bettor’s Bible.” The book is authored by Stanford Wong, a pioneer in gambling publications. The first work he authored, “Professional Blackjack,” is also considered a classic. Wong’s legendary prowess on the blackjack tables and his gambling knowledge has allowed him to create a lucrative cottage industry. Wong, born in Georgia in 1943, was fascinated by games as a child. In several interviews, Wong took to blackjack and counting cards after reading Ed Thorpe’s “Beat the Dealer.” He was so successful at the game that legend has it that at age 21, he was able to start putting himself through school with his winnings. “Sharp Sports Betting” came about after Wong realized that there were no credible books on the topic out there. His book stays away from evaluating teams and players and sticks to the math involved to win at sports betting. Wong covers the basics in clear language: money lines, spreads, parlays, and teasers. He also spends a good amount of time exploring Poisson distribution — or the probability of X-number of events happening in a fixed interval. The charts and statistical analysis Wong offers is a must-read. 2) ‘Fixed-Odds Sports Betting’ Joseph Buchdal is a bettor extraordinaire with a passion for sportsbook and soccer, or football as they call in his home in the United Kingdom. He’s a contributor to advise sites and has written several other betting books. Buchdal’s book “fixed-Odds Sports Betting” is considered one of the best books about gambling. It holds wit and wisdom for the newbie and the experienced bettor alike . He emphasizes the practice of value betting, where you need to isolate that thing that is likely to happen, but oddsmakers are not favoring it to happen. He tells how to isolate factors to maximize value betting strategies and hopefully come out ahead over time in his book. 3) ‘The Signal and the Noise’ Silver developed his forecasting prowess by calculating reams of baseball statistics over long airplane flights. His Pecota system was then successfully used to predict the first Obama election in all 50 states. His clear, explanatory writing illuminates many mathematical, political, and cultural touchstones, which gives the reader a larger sense of the forecasting world. Get In the Game. While we picked three books to get your sports betting reading list started, there are hundreds of titles to choose from. Wong’s pioneering idea to explore the world of betting in ways that make sense to the novice and hardened better alike has sparked a major industry of sports betting publications. With all that is out there to read, you are sure to find a book that suits your interests.
Top 11 Books about Sports Betting You Need To Read. You shouldn’t be surprised to realize that your local library has an entire row dedicated to sports betting books. When you add all these to the hundreds of free-advice given inform of web content, you will realize that you have endless valuable resources on the internet. That’s why this post shall discuss the Top 10 books about sports betting you need to read. 1. Sharp Sports Betting – Stanford Wong. This is a must-read for people who love sports betting. In fact, some bettors consider this book to be the “betting bible.” It’s very easy to scan through its chapters—thanks to its glossary. The book focuses solely on NFL football, although you can apply its lessons to other markets. Sharp Sports Betting was first written in 2001, but there have been a few revisions since then. 2. Gambling Wizards—Conversations with the World’s Greatest Gamblers – Richard Munchkin. The author of this book—Richard Munchkin, is one of the greatest authors of sports betting. Before writing the book, Richard worked as a TV & film producer, blackjack dealer, and Vegas pit boss. Gambling Wizards is his greatest contribution so far. Gambling Wizards is a great and interesting read for both sports bettors and non-bettors. The open discussions in the book are both entertaining and educational. 3. Fixed-Odds Sports Betting – Joseph Buchdal. Fixed Odds Sports Betting targets serious sports bettors only. If you are serious about sports betting, then this book is a must-own. This book will assist you to make a serious analysis of your betting strategies, learn how to find values in different sports markets, as well as improve the power of your bankroll. You should always make sure that you read a few pages of this book every day if you want to sharpen your sports betting skills. 4. Weighing the Odds In Sports Betting – King Yao. This book resembles the Sharp Sports Betting that we highlighted above. However, the author has added more content for the readers compared to Wong. This is a must-read book, especially for people with interest in the football and baseball markets. 5. The Signal and the Noisemaker – Nate Silver. This book focuses more on making predictions. Most sports bettors consider this book to be their greatest companion when it comes to shedding more light on the sports markets. The content will give you a deeper understanding of the concepts of risk and probability. Nate Silver constantly stresses that our predictive liabilities are limited, despite our access to limitless raw data. 6. Guide to Sports Betting – Ian Hudson. The main intention of this book’s author is to give you a complete guide to sports betting, especially if you are new to betting on sporting events. Hudson’s aim is to teach those new in sports betting how to make steady profits when betting on sports. This book will give tips on developing the best strategies to assist you in succeeding in sports betting. 7. Scorecasting – L. Jon Wertheim and Tobias J. Moskowitz. Scorecasting: The Hidden Influenced behind How Sports are Played and Games are Won is a book that tries to reverse the commonly cherished clichés about sports. This book will assist you to understand the unseen forces that determine how baseball, football, hockey, and basketball are played and won or lost. 8. Mathematics in Games, Sports, and Gambling – Ronald J. Gould. In this book, Ronald J. Gould describes how statistics, elementary discrete mathematics, and probability are applied in sports, gambling, and gaming situations. The book uses several questions, problems, and examples to explain how mathematical theory is applied in different real-life games. 9. Sports Betting: Profiting from Point Spreads – Daniel Fabrizio and Joseph Hunter. This is an amazing book that gives you the tactics and strategies that convert the sports betting industry into a business activity. In this book, you will realize that the authors use “sports investors” rather than “sports bettor” since they’ve taken a professional view of the sports industry. 10. No Easy Money: A Gamblers Diary – Dave Nevison. In this book, the author gives an account of his life on betting at Britain’s top racetracks, and the adventures that come with it. His primary mission was to make GBP 1 million, and he has explained about the bets he has placed, their progress, as well as the challenges that come with them. 11. Sports Arbitrage: Riskless Investment – George Lynam. Sports arbitrate gives you the both the theory and practice of sports betting. Moreover, it gives you more examples to show how it’s possible for one to generate a considerable income—even from small starting amount. The most interesting thing about this book is that it’s for both beginners and professionals. Bottom Line. If you need a good infusion of betting strategy or tips that will assist you to win more money, count on any of the above sports betting books. Although the list is not complete, it’s a good place for anyone to start. These books will sharpen your betting skills and bring more money to your pockets.
538’s Nate Silver Fires Back And Blasts Darren Rovell For ‘Criticizing’ His Election Forecast Model. Just like everyone on election day 538 political prognosticator Nate Silver is a bit on edge. On Tuesday morning the Action Network’s Darren Rovell tweeted out the final Five Thirty-Eight forecast for both the 2016 election and the 2020 election and pointed out how “they were wrong” four years ago. Silver took offense to Rovell’s tweet and immediately fired back. Darren, as someone who covers betting markets for a living, you have to be pretty fucking stupid to criticize a forecast than was very long on Trump relative to markets. — Nate Silver (@NateSilver538) November 3, 2020. Darren went on to delete his tweet and claimed he wasn’t criticizing 538’s prediction model but Silver wasn’t having it. I *am* criticizing, conversely. It was a disqualifyingly stupid tweet. Have a good day. — Nate Silver (@NateSilver538) November 3, 2020. The Internet was happy to see Rovell get dunked on by Silver.
What Is Arbitrage Betting? Strategy To Beat The Sportsbooks. Arbitrage is an advanced sports betting strategy that comes from the financial world. This strategy involves multiple wagers on the same game in order to guarantee a profit. An opportunity to arbitrage for a game is more about making money than betting and rooting on a particular team. To be clear, arbitrage is a sports betting strategy that guarantees a profit . This isn’t a get rich quick scheme and isn’t illegal. It takes effort to find an arbitrage opportunity. This kind of gambling isn’t for everyone, but all sports bettors could use this tool as part of their wagering plans. This might sound too good to be true but it isn’t. The most difficult part about arbitrage is actually finding the opportunity. What is arbitrage? In the financial world, arbitrage is considered “the simultaneous purchase and sale of an asset to profit from an imbalance in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.” Arbitrage is similar for sports bettors. This betting strategy involves placing a wager on all possible outcomes of an individual game or event so that that there’s a guaranteed profit regardless of the winner. The name might sound complicated but the idea of arbitrage is actually quite simple. How to arbitrage in sports betting. The goal of arbitrage betting is to find inefficiencies in the sports betting market in order to guarantee a profit. Sportsbooks often set odds so that they have even (or close to even) money wagered on both sides. There are times when sportsbooks have different odds from one another and this results in an opportunity to arbitrage a game. Arbitrage betting is done by placing multiple wagers on different outcomes of a single sports event. One of the wagers will win while the other wager will lose. If done correctly, the result will be a small win for the bettor regardless of which side wins. Arbitrage math and results. An example should help explain how to arbitrage a game. New York Yankees vs. Houston Astros. In this example, a bettor will wager $100 on each team. The total amount of wagers for this game will be $200. Regardless of which team wins the game, the bettor will be paid $110 for a winning wager plus the original $100 for a total of $210. Altogether there was $200 wagered on this baseball game. There is a guaranteed return of $210 no matter who wins the game . The total profit of this investment was $10. This is a guaranteed 5% return; that’s solid for a short-term investment. The return will remain the same if a bettor can risk more than $200. Grinding out small wins over time can help a bettor grow their bankroll . In the example above, the rate of return will be 5% no matter how much money is wagered. An arbitrage opportunity can be useful for any sized bankroll. A larger bettor might be able to risk $2,000 on the same game. The 5% return, in this case, would give the bettor a profit of $100 while the 10% return would return $200. Having a large bankroll helps grow profits quicker but isn’t necessary. Anyone can use arbitrage to supplement their sports betting bankroll. Lastly, the odds don’t have to be the same for both wagers. The example above is just keeping the math simple. Line shopping. Line shopping is important for all sports bettors but especially when looking for an arbitrage opportunity. Finding the best odds for a game will take place at multiple sportsbooks. Unfortunately arbitraging a game isn’t a get rich quick scheme. Finding the right odds takes time and effort. Having said that, this extra work also helps a bettor become profitable. Even if this isn’t a particularly fun strategy, the underlying approach can be helpful for all sports bettors. Line shopping is one way to be a more profitable sports bettor – and it isn’t difficult in most states that have multiple legal sportsbooks. The process of line shopping isn’t difficult but it does take a time switching between apps and websites to compare the information. Visiting different sportsbooks to find the best lines and odds will help a bettor in multiple ways. An arbitrage opportunity will always be profitable. Finding the best moneyline for an event will obviously pay more money. Finding the best point spread for a game increases the chance that a team will cover and the bettor will win the wager. There’s always an upside to placing bets with the best odds available. Arbitrage isn’t for everyone. Sports betting arbitrage is an advanced strategy and it’s not for everyone. All sports bettors want to win but they have different motivations. Recreational sports bettors often seek to have some action on the game they’re watching or the team they’re rooting for. Sure all bettors want to win but sometimes the goal is to have fun watching the game and to win money based on predicting the outcome correctly. Professional sports bettors are strictly gambling to make a profit. These bettors appreciate being able to find arbitrage opportunities. Pro sports bettors are always looking for ways to make money when wagering on sports and are typically the type of bettor most open to arbitrage. There’s a large number of sports bettors that fall in between these two extremes. These bettors will put in the work to find the best information and odds for games they’d like to wager. Many will do the extra work to find an arbitrage situation because generating a profit is the most fun part of gambling. However, arbitrage betting takes time and even an advanced recreational bettor may not have time to always seek out opportunities. There are pros and cons to all kinds of sports wagers. Arbitrage is a great opportunity to generate small guaranteed profits on a game. This is another great tool available to sports bettors.
What’s the Best Way to Finding Arbitrage Betting Opportunities? Sports betting is supposed to be extremely hard to beat. In fact, only a small percentage of bettors win long-term profits through this type of gambling. Arbitrage betting (arbing) offers you a shortcut toward making money. You can be the world’s worst handicapper and still win through arbing. This method involves wagering on all outcomes of a match in a way that guarantees profit. To do this, you must find two or more bookmakers that differ enough on the odds to lock in your win. Here’s an example: The trouble with arbing is that it doesn’t offer a very big profit margin. Nevertheless, you can still win a decent amount of money if your wagers are large enough. Of course, you have to find good arbs before counting your winnings. That said, I’ll discuss more on this subject, including software that can help you spot profitable opportunities. The Main Challenge Is Finding Arbs. The sportsbook and online sportsbooks aren’t any help themselves aren’t any help with arbitrage betting; they actually despise arbers. Therefore, you’ll be on your own when trying to find these opportunities. Assuming you can regularly spot arbs, then you can make profits again and again. The good news is that plenty of arbs exist on a daily basis. After all, the sports betting world is filled with different markets. The trouble, though, is that you need to both find arbs and bet on each leg in time. Assuming you mess up just one of the legs, then your guaranteed profit will likely be gone. Here’s an example: Arbitrage betting is a combination of making profitable wagers and capitalizing on opportunities in time. If you’re able to master these skills, then you can look forward to consistent winnings. You Can’t Rely on Finding Arbs by Yourself. Your first inclination regarding arbitrage gambling may be to try and find opportunities yourself. Doing so requires monitoring a variety of sportsbooks and looking for potential arbs. You can theoretically still find winning opportunities this way. But your chances of doing so with any consistency are next to nothing. Again, bookmakers hate arbers. They normally remain close to each other in terms of odds to avoid giving up arbs. Of course, sportsbooks do differ enough on the odds sometimes to create winning opportunities. But they often close these gaps before too many gamblers can take advantage. If you’ve got 10 sportsbooks open on your phone and keep refreshing them, then you’ll be terrible at timing arbs. Long story short, you can’t do it on your own. You Must Use Arb Software. The only sensible way to arbitrage bet is to use software. You need a program that specifically seeks out arbitrage betting opportunities. Some programs are designed solely for finding arbs and alerting you to them. These “arb finders” are even available for free in some cases (covered later). General sports betting software programs can do the same trick in some cases. You can also use these programs for other purposes, such as finding steam moves, public betting percentages, and updated odds. The key is for you to find a program that tracks this information so you don’t have to. Free Arbitrage Betting Software Exists. You’ll be pleased to know that you don’t have to spend anything on arbitrage gambling software. Instead, plenty of free programs exist across the internet. The obvious advantage of free software is that you don’t need to pay for anything. Instead, you can just fire up these programs and begin looking for arbs. The downside is that freebies don’t work extremely well. They suffer from the following problems: They don’t cover many markets They don’t refresh quickly Odds often come in on a delay It’s hard to bet each leg in time when relying on these programs. You may ultimately decide to invest in software when considering free programs’ limitations. But if you’re still interested in the latter, then you’ll be happy to know that they’re easy to use. Many companies offer a free version of their software that includes an arb-finding option. You can continue using this version until deciding to upgrade to the premium service. The arb-finding feature is self-explanatory in most cases. You just need to apply the relevant filter to figure out where you can take advantage of arbs. You May Want to Buy Software. Whether or not you decide to pay for arbing software depends upon how serious you are about the matter. You might begin by using a free service and placing low-stakes wagers. This route gives you a chance to decide how serious you are about the matter. Assuming you do become a serious arber, then you should consider upgrading. Doing so provides you with the following advantages: Odds refresh faster and give you a stronger chance to bet every leg in time. Your get extra features, such as alerts, arbing calculator, and more-detailed filters. More markets are covered. Of these benefits, speed is of the utmost importance. Arbs don’t hang around forever, making free programs risky. You can cut down on this risk by paying for software. You’ll receive refreshed odds at a faster rate with more in-depth programs. Concerns With Arbing and Paying for Software. The other side of the equation is that you might not find arbing enjoyable or worth your time. You’ll especially feel this way if you have a small bankroll and are only making a few dollars per arb. Even with the best software, arbitrage betting can be a time-consuming process. You’ll likely question the hours you pour into the matter with the slim profit margins involved. Another downside is that your account may be limited or even banned. Conclusion. Arbitrage betting is a promising way to make money through sports gambling. When arbitrage betting is done right, it can deliver guaranteed profits. You just need to find situations where bookmakers differ enough on odds for a given match to win. Of course, this process is easier said than done. Technically, you can find arbs by yourself. You can constantly refresh online sportsbooks on your phone and monitor the odds. But you’ll be putting yourself through hell with this method. Instead, you should use either free or paid arb finders. These programs are designed to monitor lines and alert you to arbs. This scenario cuts out a lot of the work involved with arbitrage gambling. The good news is that you can use free programs if you don’t feel like investing in software. The drawback, though, is that free arb finders don’t refresh odds quickly or cover as many markets. Buying software comes with the obvious downside of having to spend money. But the benefit is that you’ll get updated odds faster and find arbs across more markets. In the end, you need to decide how serious you are about arbitrage betting. Assuming you’re really serious about making money from the matter, then you should pay for software. If you just want to get your feet wet with arbing, then the free programs should suffice. You may even be able to make a little money with this software. I suggest arbing with a large bankroll. The more you’re able to wager, the higher profit margins you’ll earn. Of course, nothing is stopping you from arbing with a smaller bankroll. But the profits you earn will essentially amount to pennies or dollars per arb. Rex Hoffman is a passionate sports writer, with over five years of experience covering sports journalism in line with the Vegas betting landscape. His favorite subjects include football, basketball, and baseball. As a Las Vegas resident, he enjoys finding an edge against the local sportsbooks and aims to share his extensive knowledge with both beginners and experienced bettors. Rex also dabbles in horse racing wagering and enjoys typical casino fare like blackjack and poker in his spare time.
What is Sports Arbitrage or Scalping - Arbitrage & Scalping Explained Definition. What is Sports Arbitrage or Scalping? Arbitrage or Scalping put simply is the action of betting on both sides of a game at different sports books to guarantee a profit no matter the outcome of the game. Arbitrage is not a new concept by any means. It has been done in the stock and other financial markets for years. It’s also been done in sports betting for some time however it wasn’t as easy or as profitable before internet sports books came on the scene. Before the internet, bettors in Las Vegas would need to make mad dashes from sports book to sports book in hopes of catching a scalp before lines moved. Now bettors can shop multiple prices within a short period of time and capitalize on line variances that in the past would of took hours to collect. So How Does it Work? I like to explain scalping to people with the following example using Major League Baseball money lines. Sports book B has the Texas Rangers listed at -110. As you can see from this example the difference in these lines is $10. To complete the scalp Nancy would also need to bet Texas at sports book B for $-110 and if the Rangers won she would win $210 (her $110 stake and $100 in profit). Now, as you can see from the above example that no matter which team wins the game Nancy will make $10. How Much Can You Make Scalping? There a number of factors to consider when calculating potential profit from scalping. First of which is your bankroll and betting limits. The more money you can devote to scalping and the higher limits your sports book will take play a key role in how much return you can expect. Next is the availability of the variances. Sometimes you can sit at your computer all day and watch the scalps just roll in. Other times, you may only see a couple of scalps per day. Because you are at the mercy of the oddsmakers line movements you really can never predict how many scalps will be available to you. Lastly, the amount of the variances will play a big role in your bottom line. On average, most scalps range from a few cents up to around twenty cents. Occasionally you will be able to find one higher but they are the exception, not the rule and generally are only available for a matter of minutes. The key to managing these variances is to be able to have the patience to pass on the variances of only a couple cents and wait for the ones that are around ten cents or more. What Do You Need to Get Started in Arbitrage? You can start scalping with just a computer, some money and a handful of funded sports book accounts. However to make it worth doing you will need a couple of essentials. Arbitrage Calculator. Because you are dealing in real money you want to do everything possible to minimize mistakes that could cost you dearly. That’s where the Arbitrage Calculator comes in. Essentially an Arbitrage Calculator is either a spreadsheet or web based program that calculates your scalp for you to eliminate the guess work and the mistakes. Line Service. This is not completely essential to scalping however it will make your life a whole lot easier. Without a lines program, you will be resigned to manually visiting each sports book constantly to check the most current lines. This is incredibly time consuming and often times you will miss a scalp because of it. With a line services you will be able to view the latest odds from dozens of sports books at once and in real-time. Many have scalp alerts built into the program which will give you an audible alert or a pop-up when a scalp is available. Some of the more popular ones available today are Sports Insights and Line Tracker. Prices range from $300-$600/month.
What Is Arbitrage Betting? Strategy To Beat The Sportsbooks. Arbitrage is an advanced sports betting strategy that comes from the financial world. This strategy involves multiple wagers on the same game in order to guarantee a profit. An opportunity to arbitrage for a game is more about making money than betting and rooting on a particular team. To be clear, arbitrage is a sports betting strategy that guarantees a profit . This isn’t a get rich quick scheme and isn’t illegal. It takes effort to find an arbitrage opportunity. This kind of gambling isn’t for everyone, but all sports bettors could use this tool as part of their wagering plans. This might sound too good to be true but it isn’t. The most difficult part about arbitrage is actually finding the opportunity. What is arbitrage? In the financial world, arbitrage is considered “the simultaneous purchase and sale of an asset to profit from an imbalance in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.” Arbitrage is similar for sports bettors. This betting strategy involves placing a wager on all possible outcomes of an individual game or event so that that there’s a guaranteed profit regardless of the winner. The name might sound complicated but the idea of arbitrage is actually quite simple. How to arbitrage in sports betting. The goal of arbitrage betting is to find inefficiencies in the sports betting market in order to guarantee a profit. Sportsbooks often set odds so that they have even (or close to even) money wagered on both sides. There are times when sportsbooks have different odds from one another and this results in an opportunity to arbitrage a game. Arbitrage betting is done by placing multiple wagers on different outcomes of a single sports event. One of the wagers will win while the other wager will lose. If done correctly, the result will be a small win for the bettor regardless of which side wins. Arbitrage math and results. An example should help explain how to arbitrage a game. New York Yankees vs. Houston Astros. In this example, a bettor will wager $100 on each team. The total amount of wagers for this game will be $200. Regardless of which team wins the game, the bettor will be paid $110 for a winning wager plus the original $100 for a total of $210. Altogether there was $200 wagered on this baseball game. There is a guaranteed return of $210 no matter who wins the game . The total profit of this investment was $10. This is a guaranteed 5% return; that’s solid for a short-term investment. The return will remain the same if a bettor can risk more than $200. Grinding out small wins over time can help a bettor grow their bankroll . In the example above, the rate of return will be 5% no matter how much money is wagered. An arbitrage opportunity can be useful for any sized bankroll. A larger bettor might be able to risk $2,000 on the same game. The 5% return, in this case, would give the bettor a profit of $100 while the 10% return would return $200. Having a large bankroll helps grow profits quicker but isn’t necessary. Anyone can use arbitrage to supplement their sports betting bankroll. Lastly, the odds don’t have to be the same for both wagers. The example above is just keeping the math simple. Line shopping. Line shopping is important for all sports bettors but especially when looking for an arbitrage opportunity. Finding the best odds for a game will take place at multiple sportsbooks. Unfortunately arbitraging a game isn’t a get rich quick scheme. Finding the right odds takes time and effort. Having said that, this extra work also helps a bettor become profitable. Even if this isn’t a particularly fun strategy, the underlying approach can be helpful for all sports bettors. Line shopping is one way to be a more profitable sports bettor – and it isn’t difficult in most states that have multiple legal sportsbooks. The process of line shopping isn’t difficult but it does take a time switching between apps and websites to compare the information. Visiting different sportsbooks to find the best lines and odds will help a bettor in multiple ways. An arbitrage opportunity will always be profitable. Finding the best moneyline for an event will obviously pay more money. Finding the best point spread for a game increases the chance that a team will cover and the bettor will win the wager. There’s always an upside to placing bets with the best odds available. Arbitrage isn’t for everyone. Sports betting arbitrage is an advanced strategy and it’s not for everyone. All sports bettors want to win but they have different motivations. Recreational sports bettors often seek to have some action on the game they’re watching or the team they’re rooting for. Sure all bettors want to win but sometimes the goal is to have fun watching the game and to win money based on predicting the outcome correctly. Professional sports bettors are strictly gambling to make a profit. These bettors appreciate being able to find arbitrage opportunities. Pro sports bettors are always looking for ways to make money when wagering on sports and are typically the type of bettor most open to arbitrage. There’s a large number of sports bettors that fall in between these two extremes. These bettors will put in the work to find the best information and odds for games they’d like to wager. Many will do the extra work to find an arbitrage situation because generating a profit is the most fun part of gambling. However, arbitrage betting takes time and even an advanced recreational bettor may not have time to always seek out opportunities. There are pros and cons to all kinds of sports wagers. Arbitrage is a great opportunity to generate small guaranteed profits on a game. This is another great tool available to sports bettors.
College basketball picks, schedule: Predictions, odds for Duke vs. North Carolina and other key games. The action Saturday is super and loaded with quality games our experts have broken down to predict who wins. Saturday looks like it could be a big day for college basketball. And if it goes anything like this last few days have gone, we could see a wild day on the hardwood. We've already seen 10 ranked teams -- including five in the top-10 and eight in the top-16 -- take losses this week in the sport. So with 17 ranked teams in action Saturday, there's bound to be some high-profile teams stumble in similar fashion. On tap for the day include ranked matchups in the SEC, Big 12 and Big Ten with real conference title implications at stake as the regular season slowly grinds to a halt. Our staff has convened once again to lay out our picks for the day ahead, so keep scrolling to get against the spread and straight up advice to fade or follow as you wish. Jonathan Coachman is joined by Mike McClure to dish out the best bets in the NBA and College Basketball for Saturday on The Early Edge. Download and subscribe to The Early Edge on Apple Podcasts and Spotify.
Sections. Advertisement. Super Bowl Odds - Latest 2021 Super Bowl LV odds. Share this page. And then there were two! Super Bowl odds have been determined with the Kansas City Chiefs and Tampa Bay Buccaneers playing for this season’s Super Bowl championship Sunday, Feb. 7. Tom Brady vs. Patrick Mahomes in what should be an exciting game play for all of the marbles. The Kansas City Chiefs (-160) have been the Super Bowl LV favorite of BetMGM oddsmakers to go back-to-back since they won last year’s Super Bowl. Only a few times along the way have other teams flirted with similar or shorter odds and here the Chiefs sit one game away from repeating. Brady, who knows a thing or six about winning the Super Bowl, and his Buccaneers, will have something to say about it. We’ll be tracking all of the Super Bowl 55 odds and Super Bowl prop bets heading into the Big Game, where the league champion for the 2020 NFL season will be decided. Updated 2021 Super Bowl odds. Super Bowl LV money line. Super Bowl LV spread – ATS. Odds alert change! The spread has shifted .5 points, dropping to an even 3 entering Super Bowl weekend. Super Bowl LV total – Over/Under. 56.5 points , -110 Over, -110 Under. Be sure to check out our Super Bowl LV: Chiefs vs. Buccaneers picks and prediction, as we break down all of the key lines with suggestions on how to bet on the Big Game. Odds via BetMGM Sportsbook. Last updated 2/5/21. How to bet on Big Game. Special Betting Promotion! BET $1, WIN $100 (in free bets) if the team you bet on in the Big Game wins. Eligible states for online sports betting: Colorado Indiana Iowa Michigan New Jersey Pennsylvania Tennessee Virginia West Virginia. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Big Game now! Follow SportsbookWire on Twitter and like us on Facebook. Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.
How Do Odds Work in Betting? If you are planning to start betting, be it casino gambling, sports betting, or any other type, it's important to understand the odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats. The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts. This means that a chance (percentage probability) of an event occurring can be converted and presented in any of the aforementioned types of odds. How Fractional Odds Work. Fractional odds (aka British odds, UK odds, or traditional odds) are popular among British and Irish bookies. These are typically written with a “slash (/)” or a “hyphen (-),” e.g. 6/1 or 6-1 and announced as “six-to-one.” Fractional odds are used by some of the world’s largest bookmakers, making them the most preferred odds across the globe. Therefore, the total (potential) return on a stake can be stated as: For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the 2017-18 NBA Championship. Below is a selection of the three teams that had the lowest odds of winning. Golden State Warriors: 10/11 Houston Rockets: 9/4 Cleveland Cavaliers: 7/1. It can quickly be determined that the Golden State Warriors are the favorites while the odds on Houston and Cleveland winning are longer. That is, one wins only $10 against every $11 wagered on Golden State to be the champions. Meanwhile, one wins $9 against each $4 (i.e. 3.25 times) put at stake for Houston to win, which is a bit less probable. For Cleveland, one wins $7 against each $1 bet. In the above example, if you bet $100 on Golden State to win, you could make a $90.91 profit [$100 x (10/11)], and could get back your initial stake of $100, resulting in a total payout of $190.91. However, if you wager $100 on Houston to win, you could receive a profit of $225 [$100 x (9/4)], in addition to the $100 initial stake leading to a total payout of $325. The potential profit for a Cleveland win would be even higher, as you could make a profit of $700 [$100 x (7/1)]. With the initial stake of $100 being returned, it would make for a total payout of $800. How Decimal Odds Work. Decimal odds (aka European odds, digital odds, or continental odds) are popular in continental Europe, Australia, New Zealand, and Canada. These are a bit easier to understand and work with. The favorites and underdogs can be spotted instantaneously by looking at the numbers. The decimal odds number represents the amount one wins for every $1 wagered. For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number (no need to add back your stake), which makes its total payout calculation easier. The total (potential) return on a stake can be calculated as: For instance, one of the renowned betting websites priced the candidates to win the 2020 U.S. Presidential Election. Here, we list the decimal odds for the candidates and the biggest long shot among the candidates listed by the bookmaker. Donald Trump: 4.00 Joe Biden: 1.3. These numbers merely represent the amount one could win against each $1 put at stake. Therefore, if one bets $100 on Donald Trump to be re-elected as president, this person could make a total payout of $400 ($100 x 4.00). This amount includes the initial stake of $100, giving a net profit of $300. Similarly, a bettor could make a total payout of $130 ($100 x 1.3) if they successfully bet $100 on Joe Biden. Deducting $100 from this return gives the bettor the net profit earned. Reviewing the prices that the bookmaker has set for each candidate, it can be determined that according to the bookmaker, the probability of Biden (favorite) winning the election is higher than that for Trump. The higher the total payout (i.e. the higher the decimal odd), the less probable (and riskier) it is for the listed candidate to win. How American (Moneyline) Odds Work. Let’s understand this with the help of an example: One of the popular betting websites priced the NCAA "Sweet 16" men's basketball game between Duke and Syracuse on March 23, 2018, with the following moneyline odds. In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament. Key Takeaways. The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing, and hold no difference in terms of payouts. Fractional odds are the ratio of the amount (profit) won to the stake; Decimal odds represent the amount one wins for every $1 wagered; and American odds, depending on the negative or positive sign, either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked. The Bottom Line. If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well. Once you have mastered the three popular types of odds (fractional, decimal, and American), you can move towards a more detailed read on this topic and find out how the house always wins. Please refer to Understanding the Math Behind Betting Odds & Gambling for the conversion between the different formats of odds, the conversion of odds into implied probabilities, and the differences between the true chances of an outcome as well as the odds on display.
Sports Betting Odds. Sports Betting Odds Explained. Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below. American Style Sports Betting Odds. Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams: American Odds. The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign. The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play. A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits. Examples: Examples: Below is an example of NFL betting odds taken from an online betting site. 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? MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above. Decimal Style Sports Betting Odds. 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. For example it may look something like this: Decimal Odds. Matchup Odds USA 2.40 Brazil 1.55. If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits. If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits. Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.
Betting Odds 101: How Odds Work. Odds are the foundation of any betting. Understanding odds is absolutely essential to becoming an expert bettor. Plus, getting a good handle on how odds work makes the whole thing that much more fun! Betting Odds Explained. Having never been explained betting odds can be intimidating. They come in different formats , and sometimes seem to work counter-intuitively. You can trust our team of experts. We have put together all the key information about how odds work and how to read their different formats. We know that finding the best sports betting sites is not enough. Without proper guides explaining betting odds, many bettors may face frustration or confusion. We want you to have the best time and be the most strategic bettor possible. Below you will find the major ways of representing odds explained. They are: American Decimal Fractional. We will also lay out some of the basics you should keep in mind when reading odds. Together, this is a complete guide to reading and understanding odds for sports betting. It’s the next step towards having the best time and most gains while betting on sports. Odds Formats Explained. We all have had to have the odds formats explained to us at some point. They can be a bit confusing at first, but you will get the hang of it quickly. There are three main ways of representing odds , and it is important to explain them well. They are equivalents, and can be directly translated. They are just different ways of representing the same value. And they all represent the chance that something will happen . Or rather, the chance the betting market thinks something will happen. In direct relation to the probability that something will happen, odds also tell you how much money you stand to gain and how much you could lose (exposure). This is why it is so important to have the odds formats explained. How American odds work? How Decimal odds work How Fractional odds work. How American Betting Odds Work. The American odds format are most common , of course, in the United States. It may be counterintuitive at first, but it is important to know that favorites are marked with a negative sign (-). The value next to the negative sign is the amount you need to wager to win $100. That’s just how these odds work. In other words, the lower the number, the more likely they are to win, and the less money you win. WInning a bet marked at -220, means that you would win an extra $100 if you placed $220. These numbers will always be lower than -100. How Decimal Betting Odds Work. Decimal odds are also known as continental, digital, or European odds. Decimal odds are very simple and are the easiest for calculating payout. In decimal odds, your stake is already calculated in your total payout. No need to add it back in to calculate your total payout. You calculate the payout using the following simple formula: Stake x Decimal Odds = Total Payout. Another way of thinking about these numbers is that they represent how much a winning ticket will be worth if you bet $1. In order to spot the underdog and favorite, just keep in mind that the lower the number, the more favored. Let’s look at an example. St. Louis Cardinals: 1.25. Chicago Cubs: 2.00. In this case, the St. Louis Cardinals are the favorites. Here, betting $1 on the Cardinals will get you $1.25. Assuming they win. And if the Cubs win, all who bet $1 on them, will get $2. This can be multiplied out, so the Cubs bettors would get $200 for betting $100. This means their profit would be $100. Because, remember, and decimal fractions, the stake is included in the payout. How Fractional Betting Odds Work? Fractional odds are also known as British, Ratio, or Traditional odds. You can spot them because they are represented with a hyphen (-) or a colon (:) between two numbers. The first part of the fraction, the denominator, represents how much profit you earn if you bet the the second part of the fraction, the nominator. Maybe an example will help you see how these odds work. If you bet on 4/1 (said “four-to-one”) odds, you will get $4 profit for every $1 you bet. You will also get your original stake back. Another way to calculate this is to multiply your stake by the first number, then divide it by the second number. This is more helpful for complicated numbers like 9/4. Always remember to add your stake back in. The lower the first number compared to the second number means they are more favored to win. Quick recap: three types of odds. You need to learn these by heart if you want to feel comfortable navigating the international sportsbook markets. Knowing these different formats could come in handy when you are researching or looking for value bets. American to Decimal to Fractional: Types of Bets. Understanding how odds work means that you can now apply them to the different types of bets. Let’s take a look at the main types of bets that you will see. Point Spread: In point spreads, you are betting on the difference between the winning and losing scores. A bookmaker will post a number, and you decide if it will be more or less than that. Moneyline: These are the simplest bets. You are simply choosing who you think will win the match. Over/Under: In over/unders, you are betting on the total number of points scored by all teams. The bookmaker will post a number, and you bet on whether or not the actual total will be over or under that number. Prop bets: Propositions (props) are bets that focus on everything that happens before the end of the game. This is where you can find the most fun and creative bets. Futures: Futures are also known as ante bets. They are on events well in advance. They have elevated risks and rewards, as there is more uncertainty. How Do Odds Work. Now that you have the basics of how odds work covered, we wanted to give you a few last bits of advice to really enjoy your new betting odds knowledge. If you do live betting , don’t forget that you can enjoy over/unders, Moneyline, Point Spreads, and props even with in-game betting. Find a bookmaker that updates their odds frequently, and includes in-game stats. Understanding odds means that you can understand the relationship between stats and odds. You are now well on your way to enjoying live betting, the most exciting way to bet! Home » Betting Odds 101: How Odds Work. Sports Betting Sites offers helpful advice, objective information, and expert insights. You’re here to have fun and relax! Leave the work to us.
BETTING ODDS EXPLAINED: WHAT THEY ARE AND HOW TO USE THEM. Odds are the numbers used by online bookmakers to show how likely something is to happen. They give you a quick indication of how much you could expect to win if your bet wins. This guide will introduce you to the world of odds, the different ways they can be used and what they mean to you and your matched betting journey. With so many numbers appearing in different formats, betting websites can be overwhelming for the beginner. But as long as you can get to grips with a few simple mathematical ideas, it’ll all become a lot easier. This guide will show you how betting odds work. What are betting odds? Odds are numbers that express how likely events are to happen. To illustrate this idea, here are the three possible outcomes of a football match for any team: 1. Win 2. Lose 3. Draw. All of these have different possibilities, probabilities, chances – or odds – of happening. How betting odds work. Betting odds are usually expressed either as fractions (e.g. ‘3/1’) or as decimals (e.g. 4.0). Fractions were traditionally used to bet on horse racing and were most popular in high street betting shops in the UK, before the advent of internet gambling. While the differences may seem confusing at first glance, they’re simply different ways of expressing the same thing. How to read betting odds. Once you understand betting odds and the differences between them, reading them becomes easy. How to understand fractional odds. If a bookmaker offers odds of 3/1 for an event to occur, you stand to win £3 for every £1 you bet. If you bet on an event at odds of 7/2, then you stand to win £7 for every £2 you wager (winnings plus your stake). You may also see odds expressed with the lowest number first e.g. 1/2 or 2/7. These are known as ‘odds-on selections’ and are normally used when the likelihood of something happening is higher than not. Of course, this also means that your winnings will be less than your stake. At 2/7 you win £2 for every £7 you bet. When the numbers on either side of the slash are the same (e.g. 1/1), we refer to them as ‘evens’. If you’d like a bit more guidance, we have a full guide on how fractional odds work in betting. In many ways, decimal odds are easier to understand. This is because all you have to do to calculate your potential winnings is multiply your stake by the odds. For example, if you make a £10 bet at odds of 4.5, you could potentially win £45 (including your stake). By contrast, fractional odds can become confusing. For example, which odds give the best return – 16/5 or 3/1? You can work it out, but a glance at their decimal equivalents (4.2 and 4.0 respectively) quickly tells you which odds are most favourable. This is why we recommend that all beginners start betting using decimal odds. You should bear in mind that decimal odds include your stake. So, if you bet £10 at odds of 2.5, you can expect to win £25 (£15 on top of your £10 stake). You should also know that 2.0 is the evens line, so numbers lower than this return a profit that is lower than your stake. Moneyline odds aren’t generally used in either the UK or Europe. But you might see them in American media and sites, especially those that cover boxing or mixed martial arts. If you the odds have a negative value, this tells you how much money you need to wager to win $100. So, if you want to bet on an event at odds of -175, you must bet $175 to win $100. Converting decimal odds to fractions (and vice versa) Using odds to find value. Now that you can convert odds into the perceived value, it means that you can work out whether you think the bookmakers’ implied probability of an event occurring differs from your own. For example, if you notice that Chelsea has scored a first half goal in 75% of their home games this season but the bookmaker has the market priced at 2.0 (50% implied probability) then you’ve just found some value. The problem with this method though, is that you need to be better than the bookmaker at calculating probability. This is a difficult task considering the huge teams of mathematicians that they employ. What is probability? In betting terms, probability is odds expressed as a percentage. To help you understand probability, think of a coin toss: in this case, there are only two outcomes (usually heads or tails), each with exactly the same chance of landing. You calculate the probability with the following equation: Probability = chances for / total chances. For every coin toss, heads has one out of two chances of landing. One divided by two is 0.5. Multiply by this by 100 to get the percentage, and you have 50%. In the case of a deck of cards, there are four aces among 52 cards. Therefore, the probability of drawing an ace is 4/52, or 7.69%. Because of the many factors involved, it is impossible to calculate exact probability in sports betting. All your bookmaker can do is set a probability based on the likely outcome (adjusted slightly for profit); this is known as ‘implied probability’. Implied probability is important because it helps you decide whether it is worth betting on a certain event. You can work it out by dividing one by the decimal odds. Let’s say the bookies give Stoke City odds of 2.5 (3/2) for winning a match against Huddersfield Town. Divide one by 2.5 to get the probability, which is 0.4 or 40%. If you put £10 down on Stoke to win, you stand to gain £25 including your £10 stake. You can then work out the ‘expected value’ of the bet using another equation: In the case of Stoke versus Huddersfield above, the equation works out like so:
How do betting odds work? Betting odds are used to assess the likelihood of an event happening. Less likely events tend to have higher odds and offer larger reward, while more likely events have a lower risk attached and therefore a lower reward. Your winnings depend on how much you wager on a given set of odds. Betting odds are seen in a range of formats – they are most commonly seen as fractions but are also sometimes presented as decimals. A quick introduction to betting odds. Decimal and fraction odds might seem confusing, especially if you’re not familiar with betting and all the betting terms and types . This handy guide is ideal for anyone new to betting, or if you’re struggling to read the odds. It contains a range of useful tips and tricks that will help you better understand just how betting odds work, so you can choose odds and place your bets with more confidence. Here, we will highlight: The key points of betting odds and what you should look out for. How to read betting odds and make them work in your favour. Tips and tricks to help you understand betting odds more easily. What are betting odds? Betting odds are used to present the likelihood of an outcome, as well as help you understand how much you could win from a bet. They are often written out as a fraction (e.g. 2/1) or a decimal (e.g. 3.0). Betting odds can be applied to anything that has a set outcome and are often seen in sport, entertainment, and politics. The odds measure the probability of a certain outcome, such as the result of a sports game or reality TV show, or whether a certain party gets the majority vote in an election. How do betting odds work? Betting odds are used to determine probability and calculate the winnings from a bet and are often seen in their decimal or fractional form. Odds are commonly recognised as being even, long, or short. Even odds. When something is just as likely to happen as not, it is given even odds. These are presented as 1/1 in fractional odds, or 2.0 in decimal odds. In this instance your winnings would be the same as your stake. For example: In the case of 1/1 odds, you win £1 for every £1 you bet. Therefore, if you bet £10 you’d win £10, and return £20 in total (your £10 stake plus your £10 winnings). Long odds. If something is statistically less likely to happen, it is given long odds. This means you have the potential to win more than you would on even odds, but the risk of losing is higher. For example: In the case of 10/1 long odds (or 11.0 in decimal form), you could win £10 for every £1 you bet, and therefore your winnings exceed your stake. A winning £10 bet at 10/1 odds would result in £100 winnings plus your £10 stake, therefore returning £110 in total. Short odds. If something has a higher probability of happening, it is given short odds. While short odds are more likely to happen, the winnings will be smaller, and therefore you’ll need to stake higher amounts for a bigger return. For example: In the case of 1/10 short odds (1.10 in decimal form), you could win £1 for every £10 you bet. Therefore, a winning £10 bet would result in £1 in winnings, amounting to a return of £11 (your £1 winnings plus your £10 stake). How to read betting odds. Betting odds are most commonly presented as a fraction or a decimal in the UK. Moneyline odds, which are common in the US, are also becoming more popular. Reading odds can be confusing if you’re not familiar with what the different sets of numbers reflect. Here, we explain how to read decimal, fraction, and moneyline odds. Understanding decimal odds. The simple rule of thumb with decimal betting odds is the bigger the number, the larger the return will be. For example, decimal odds of 3.75 will result in larger winnings than decimal odds of 1.75. To work out your winnings from decimal odds, simply multiply the odds by your stake. The resulting number reflects both your winnings and your stake. For example: If you bet £10 on odds of 3.75, you would return £37.50 – this means you’ll have won £27.50 (£37.50 – your £10 stake). Understanding fractional odds. Fractional odds are a more traditional way of displaying odds in the UK. Appearing in fraction form (e.g. 2/1), you must first work out your winnings and then add on your stake in order to determine your total return. The best way to calculate your returns from fractional odds is to follow a formula: This might look complicated, but we promise it will make sense when you plug your numbers in. For example: If you bet £10 on a 5/2 bet, your calculation would look like: For longer odds with a larger return, look out for odds where the first half of the fraction is larger than the second half. For example: Odds of 5/1 will return greater winnings than odds of 1/5. If you were to stake £10 on odds of 5/1, then your return would be £60. However, if you were to stake £10 on odds of 1/5, your return would only be £12. Understanding moneyline odds. The moneyline shows you how much you have to bet in order to win £100. If you are presented odds of -200 (because this event is more likely) you will have to stake £200 to return £300 (your £200 stake plus £100 winnings). In order to calculate the potential payout from a moneyline bet, simply follow this formula. Converting decimal odds to fractions. Converting decimal betting odds to fractions takes a bit of basic maths knowledge. First, take your decimal odds and subtract 1 from the number. For example: If you have decimal odds of 3.75, subtract 1 and you are left with 2.75. These are odds of 2.75/1. Odds need to be made up of whole numbers, so we need to take 2.75 and turn it into a whole number. The easiest way in this instance is to multiply 2.75 by 100 and move the decimal along two places. This gives us 275/100. From there, we can work our way to finding the smallest equivalent fraction. In this case, we can divide our fraction by 25, leaving us with fractional odds of 11/4 – previously 3.75 when presented as a decimal. Now that you understand betting odds and how they work, you can begin to use them to your advantage. Browse all the latest sports betting odds or sign up to Grosvenor Casinos today to get started. How to calculate betting odds return. Using our bet calculator , you can now work out how much a potential bet could return. The calculator gives you the option to select the bet type, the win odds, your stake, and whether the bet placed will be each way or not. As well as finding out how much your bet will potentially return, the calculator also gives you the total profit.
Sports betting online nude babes. va Have you ever watched the sport of curling ? It’s certainly not the most exciting sport. Some would say watching paint dry on the wall is more exciting. I was thinking to myself today that what curling needed was some Curling Hot Sports Babes ! That being the case I hopped onto the Internet to see what, if any, curling hot sports babes I could find. Man, was I surprised, and I think you will be too. Curling Hot Sports Babe Anna Sidorova. Anna Sidorova is a true curling hot sports babe who has been curling ever since she was 13. She would have been a really hot figure skater but an accident at age 13 put an end to that. Luckily for curling fans she chose her current career. You wouldn’t know by looking at her that she was also a model would you? 😉 Check out the concentration as she slides the ‘stone’ down it’s slow icy path. A slow spin of the stone will adjust the direction somewhat and then the sweepers come into play causing its direction to change even more. Boring for some it may be but they say it’s a game that takes a lot of skill to master. Even though Anna Sidorova is concentrating on where she is sending that stone I reckon most curling fans have eyes only for her. I know I would be. I’ve put a little Anna Sidorova Curling Hot Sports Babe collage together for you guys. Curling Hot Sports Babe Eve Muirhead. You have to admit too that Eve Muirhead is another sexy curling hot sports babe. Eve is a Scottish Curler Born in 1990 she is a year older than Ana Sidorova. She has had a pretty successful curling career too winning gold several gold medals. Her father and brothers are also curlers so one could say it runs in the family. Apparently she’s also a pretty good bagpipe player piping at four World Championships! I don’t know about you but I reckon she looks pretty hot in a kilt too! If that’s not enough she’s also pretty good at golf. I suppose you could say that Eve Muirhead is an all round sexy hot sports babe. Curling Hot Sport Babe Carmen Schaefer. For our last curling hot sports babe I’m going to take you to a country that is well known for it’s sexy ladies, Switzerland. Carmen Schaefer is a Swiss curler. Born in 1981 she is a little older than the previous hot sports babes but if you ask me the extra years have only improved her hotness! I’m not just saying that because she’s posing naked in the bottom collage either. She just has this incredible, sultry and very sexy look about her. Something all these curling hot sport babes have about them is the seriousness they apply to the sport of curling. No-one can deny the look of concentration as they send their stone hurtling down the ice. OK, OK, perhaps the word ‘hurtling’ is stretching the truth a little. 😀 Yep, that’s it for this weeks Hot Sports Babes post. Last weeks Hot Sports Babes post went viral getting over 7000 shares . That makes it the most popular post to date! In case you missed it it was the one about Hot Sport Netball Babes . It would be great if this post could beat it. You can help it do that by sharing it with your favourite social media. For a special treat I managed to find this really cool video called….
Rugby Odds. The most significant betting events that happen throughout the year in rugby fall generally under the Rugby Union tournaments. These tournaments are the Six Nations Championship or the Rugby World Cup. But even when these Rugby Union events are over, that doesn’t mean you can’t bet anymore. There is still the Rugby League, which also holds many tournaments all year round. Although this league uses different rules than the Rugby Union, wagering here is still equally fun. In fact, some people prefer sports betting on the Rugby League due to its faster pace. The league is the most popular in places like northern England, Australia, and France. In Germany, the Rugby Bundesliga is a well-known league there. It is considered the premier league in the country. So just like in other sports, there are various types of open bets that bettors can choose from when wagering on a rugby game. Having a deeper understanding of how these bets work is essential if you wish to get better in rugby betting. TYPES OF RUGBY BETS. Let’s check out the different variations of rugby bet types below. Rugby Match Bets. One of the most common rugby bets that people make is called match bets. This is a bet that predicts who will win a specific game between two teams. If a tie happens, where the two sides have the same score, then the bet is a push. This means that bettors get back their stake. However, a push in rugby doesn’t often happen because of its high-scoring matches. A sportsbook typically lists down each side of a team with their moneyline odds next to them. These rugby betting odds are the numbers that dictate how much money bettors can win if they succeed in their bet. Rugby teams that have a negative next to their moneyline rugby odds are considered the favorite to win the game. Meanwhile, positive moneyline odds next to a team’s name means that they are the underdog. Here’s how a match bet in rugby would look like: Rugby Handicap Bets. Handicap betting in rugby is the same as with bets made in other sports. This type of wager puts some extra points in favor of the underdog for a fairer bet. The handicap numbers are assigned by a bookmaker based on the skill gap an underdog has against the favorite. For example, South Africa, the -4 favorites, will be playing against South Wales. If you placed a bet on South Africa, the team has to defeat Wales by at least 5 points for you to win the wager. If they win by 4 points or less, then the bet is considered a push, and your money will be refunded. Concerning payout odds, bettors can get more money betting on the favorites of a handicap bet compared to a regular match bet. The reason for this is simple. The favorite has a handicap spread to cover. Even bigger payouts can be obtained with handicap bets when wagering on the winning margin. Some outcomes are totally over the top with paydays reaching 20 to 1 or even more if they happen. Rugby Half Bets. Some people are too busy to watch entire rugby games that can go from anywhere between an hour and a half to two hours. That’s why there are half bets in rugby that allow bettors to wager on the outcome during a specific time in the match. This period is usually the first or second half. Some betting sites may ask you to select teams that you think will win outright in the first or second half. Other sportsbook platforms let you choose which teams you think will win both of them. You can expect a long list of half-time handicaps as well, with various outcomes available. The more ridiculous bets often come with higher payout odds from the gambling commission, so keep that in mind. Rugby Outright Bets. Many rugby tournaments happen every year. That is why many fans believe placing an outright bet slip is the most exciting out of all wagers. In this type of bet, bettors are asked to choose which team they think will take it all home. This can either be a huge tournament or even a championship event. The team that you decide to pick will need to win first place since winning anything below, which means that you lose the bet. Trying to predict who will win a tournament or become a rugby champion is more challenging than other bets. That’s why outright wagering has significantly higher payout dividends overall. Your sportsbook may also offer an outright bet variation where you will have to name the two teams that will make it to the finals. The increased difficulty here is a significant reason why this has even bigger payout odds than a regular outright bet. Rugby Prop Bets. In rugby, the prop bets are considered the more random types of wagers. These bets prioritize outcomes that are outside of the usual ones and are intended to be for fun. Just like in the NFL or NHL, a popular prop bet in rugby is wagering on who gets to score the first goal. This can either be the first team to score or the first person to do so. Getting this right can turn out a nice profit for bettors. Since rugby is quite physical, scuffles can happen between teams and players. Referees can hand out yellow cards and force players to get off the field for a few minutes. Bettors who are used to placing wagers in the UFC may be interested in knowing that there are yellow card bets here. Typically, you just have to predict which player will be receiving the first yellow card throughout the match. There are other popular prop bets too, such as which player gets the most tries, receives the most cards, or which team scores 20 points first. RUGBY BETTING STRATEGIES. Knowing the different types of rugby bets is great, but you can’t make a profit if you aren’t strategic. To succeed in rugby sports betting, you need to have a plan each time you place a wager. Below are some of the things smart rugby bettors keep in mind when making bets. Know the Teams. Not all teams play the same. There are some teams like New Zealand that are traditionally more explosive, and so get more tries. Groups that are more focused on their kicking game, like South Africa, often experience more penalties scored. Smaller teams like Argentina are more challenging to predict. With that in mind, betting on teams like the All Blacks for high scores is better than going for the Springboks or the Pumas. Look Up. Adverse weather conditions can change rugby matches in an instant, just like in NASCAR or racing on the racebooks. When it rains, the ball becomes slippery and thus harder to control. Low-scoring games often happen as a result of bad weather. You will want to keep the conditions outside in mind when you bet, especially when looking for high scores. Watch the News. Injuries can happen at any time throughout the regular season. Teams that are missing their star players will usually not work as effectively as they should be. Playmakers such as the fly-half can have a massive impact on the team on and off the court. But even if all team players are present, changes to a schedule can be unsettling and affect how each member plays. Watch the news and keep an eye out for these changes to help you make informed rugby bets. Know Your Market. More often than not, the wingers are the first ones to score a try in a rugby match. A study, in fact, suggests that they do this 70% of the time. If wingers aren’t able to score first, then it’s usually the backs that pick up the slack. That is why the backs have the lowest rugby odds of making the first score in a match. It’s crucial that you look at these statistics on the teams you plan to bet on if you want to make an educated wager. Be Aware of Form. Tournaments like the Premiership have teams that play week in and week out. This makes following the form guide essential. As for international rugby matches, the form isn’t always regarded as much since it can take months for a series to conclude. That is why the form doesn’t have as much weight from one set to the next with international games. Develop a Strategy and Stay With It. People who bet on rugby follow two approaches in responsible gaming. The first is to bet small amounts on improbable outcomes or wager big money on short odds. Choosing to go all-in on a team that has an excellent home record is a strong bet if you did your research. Meanwhile, backing a team that has low chances of winning can bring in some nice paydays even if you didn’t stake a lot. These bets rarely happen, though, so be prepared for some dry stretches.
Rugby Betting. Rugby betting is extremely popular in Australia. With both rugby union and rugby league proving to be widely watched sports in the nation, it really is no surprise that this is true. Rugby is also known to be a popular betting sport because it is so difficult to predict winners, meaning that odds are much higher and the winnings much sweeter when punters make correct bets. There are two different types of professional rugby associations – League and Union. This means more betting opportunities. If you’re interested in learning how to bet on rugby online, you have come to the right place. With our rugby betting guide, you will get a list of the best rugby betting sites for Australian punters along with top tips to keep in mind when betting. Best Rugby Betting Sites. Impressive Betting Options. Best Lottery Service. Reliable Sports Betting Site. Competitive Odds for Sports Games. How to Bet on Rugby. The following betting options are available to Australian punters interested in betting on rugby games at online sportsbooks: Fixed Odds/Moneyline Betting – this is the easiest bet that can be made on a rugby match. Basically, punters attempt to predict the winner of a particular match. This bet is the same for Rugby League and Rugby Union. Rugby Live Betting – these betting options that are available while the actual match is taking place. These include totals, props, and fixed odds bets. It is important to note that odds will change as the match goes on. Totals – these bets see punters trying to guess the total number of points that will be scored in a matchup. Bettors can either bet on the overall score being over or under a specific figure. (These bets are also known as overs/unders.) Outrights – these are bets placed on a team to win the tournament long before the final actually takes place. For example, placing a bet on New Zealand to win the world cup during the group stages of the tournament. Rugby Betting Handicap – handicap bets (also known as spread bets) see sportsbooks setting an advantage for underdog teams. Basically, these rugby betting lines will see favoured teams needing to win by a certain score if bets are to be paid out. These bets are preferred by experienced bettors due to the higher odds. For example, if the Crusaders play the Brumbies in Christchurch, sportsbooks may set an advantage for the Crusaders by 10 points due to their strength at home and previous performance in the tournament. That is rugby handicap betting explained. Rugby Union Vs Rugby League. Before placing any sort of bet on rugby, it is important to understand that the sport is divided into two different variations. We’ve explained the difference between the two down below: Rugby Union. Matches of this variation of the game are made up two teams of 15 players and last a total of eighty minutes. Teams score “tries” in demarcated areas and then have a chance to add additional points by scoring a conversion. If an attacking player is tackled, either a ruck or maul will form in which the defending team will attempt to stop their opponents from getting forward and perhaps even overturning possession. If a foul is committed, the opposing side will either kick the ball for a line-out, take a penalty at goal or perform a scrum. Rugby League. This variation of rugby is much more fast-paced than its Union counterpart. While many general rules are similar, there are a few differences worth noting though. Firstly, teams are made up of 13 players instead of 15. Secondly, there are no rucks or mauls in the game. Players simply retain possession by rolling the ball back to their teammates with their foot. Thirdly, while there is no time limit for how long a side can maintain possession for in Rugby Union, there is in Rugby League. In this form of the game, if an attacking side is tackled six times before they are able to score a try, possession will overturn. Finally, there are no line-outs in Rugby League. Instead, if the ball goes out of play, the teams contest over it through a scrum. Check Out Our Other Rugby Pages. Rugby Tournaments to Bet On. If you’re looking for some good rugby games to bet on of any variety, the following tournaments have proven to be popular with our punters: IRC Rugby World Cup – the Web Ellis Trophy most coveted trophy in the rugby union world. Nations battle it out to find out who is the best rugby team in the world. (We’d wager on a team in the Southern Hemisphere.) Super Rugby – the premier club rugby tournament in the world sees teams from Australia, South Africa, New Zealand, Argentina and Japan go up against on another in adrenaline-filled match ups. Rugby Championship – widely regarded as one of the most competitive international rugby union competitions outside of the IRC World Cup, the Rugby Championship sees Australia take on South Africa, Argentina and New Zealand in an attempt to determine which team reigns supreme in the Southern Hemisphere. Six Nations – six of the top rugby nations (England, France, Ireland, Italy, Scotland and Wales) in the Northern Hemisphere go up against one another in a tournament filled with drama. Who will prove to be the very best in this competition? Top 14 – the French rugby union club competition has often boasted to be the best in club competition in the world (or at least, certainly the one with the most money behind it.) Place wagers on matches featuring the world’s top-rated players, which will surely be very competitive. National Rugby League – the top rugby league club tournament in Australia sees 16 teams go up against one another. Make a range of different bets on these exciting matchups. National Rugby Championship – Australia’s premier club competition sees eight of the nation’s top club sides go at it in some exciting matches, filled with wonderful betting opportunities. Rugby Betting Tips. When betting on rugby, it is important to keep the following tips in mind: When betting on the IRC Rugby World Cup, keep the past victors of the tournament in mind. In the tournament’s history, only one team from the Northern Hemisphere has ever lifted the trophy – England. All other victories have come from teams based in the Southern Hemisphere – New Zealand, Australia, and South Africa. When looking at the Rugby Championship, New Zealand has racked up the most wins, with Australia and South Africa lagging behind. Newcomers Argentina has not yet lifted the trophy. New Zealand’s winning streak does not seem as if it is going to come to an end soon. Make sure that you don’t only look at a team’s most recent results when placing a bet as this may sometime skewer stats and lead you to make incorrect bets. It’s more important to do your research on the two teams involved in a match up to see whether or not other factors, such as team history, weather conditions or home and away form may affect results. Rugby Betting FAQs. Can you bet on rugby? Rugby betting allows you to bet on major rugby tournaments. You can bet on rugby at any reputable sportsbook. What is rugby handicap? Rugby handicap betting is the upper hand that sportsbooks give to one team to balance the game. The squad with the negative handicap needs to win by more than what the bookie sets. How do you read rugby betting odds? The odds for rugby are shown next to the teams who will be playing a certain match. Australian sportsbooks use the decimal system. Betting odds for rugby teams are displayed next to the team for different sites. What does winning margin mean in rugby? Rugby betting on the margin means that you are wagering on how many points the winning squad will win by. The winning margin is calculated with both clubs starting from nothing. What are the best rugby betting sites? The best sites for betting on rugby includes the Neds, Ladbrokes and many more. Can you earn money from rugby betting? Yes, you can make cash from wagering on the sports but you need to be also open to losing.
Big game, big worries? Gambling addiction grows with Illinois’ booming sports betting industry — ‘It’s in your face all the time’ The number of Illinoisans seeking help for problem gambling has almost doubled since legislators approved a massive gambling expansion in 2019. Experts expect that number to keep growing. Share this story. Share this on Facebook Share this on Twitter. Share All sharing options for: Big game, big worries? Gambling addiction grows with Illinois’ booming sports betting industry — ‘It’s in your face all the time’ A man who requested that he only be identified as Anthony stands by a window in a high-rise condo near Soldier Field on Friday. The Tinley Park man is a recovering sports gambling addict. Tyler LaRiviere/Sun-Times. Thousands of football fans will be placing their first legal Super Bowl bets in Illinois this weekend, and for most, a little action will make the big game just a bit more entertaining. But, for some, it might open the door to regular betting, adding a quick dopamine hit to the regular season viewing experience. Maybe they’ll have to start budgeting for a new habit. Maybe they’ll have to start borrowing for it. And, for a select few, it will get worse. It’s already gotten worse for hundreds of people statewide since Illinois legislators approved a massive gaming expansion a year and a half ago, introducing legal sports wagering to a state that’s already packed with more places to gamble than Las Vegas. The COVID-19 pandemic has made matters even worse, according to Luke, a Chicago-area problem gambler who was able to get out of the game nine years ago. Economic uncertainty and the general malaise of the quarantine lifestyle make gambling all the more enticing. “It used to be that there was a stigma, and gambling was taboo. It was seedy,” said Luke, who asked that his full name not be used. “Now, you can do it on your phone. The companies that are doing it are publicly traded Fortune 500 companies.” A man who asked that he only be identified as Anthony reads news about the Super Bowl on his phone Friday. Tyler LaRiviere/Sun-Times. Calls to the state’s gambling disorder hotline more than doubled from 2019 to 2020, when 13,258 people reached out either there or online for information on a problem that experts say is out of sight but front of mind for a growing number of bettors and their families. The Illinois Department of Human Services, which aims to connect problem gamblers with counseling resources, calls that a “dramatic increase.” In 2019, about 580 people received treatment for gambling disorders through state-sponsored programs across Illinois. That figure jumped past 1,000 in 2020, and experts say it doesn’t even cut the deck as only an estimated 3% of problem gamblers acknowledge they have a problem, and even fewer seek treatment. Counseling gets boost with Illinois gambling expansion — but more addiction is sure to follow. State’s all-in gambling expansion offers new temptation for those struggling to stay out. Hundreds more took the more drastic step of banning themselves from casinos and the smartphone betting apps that have them hooked. About 13,500 people were enrolled in the self-exclusion program maintained by regulators at the Illinois Gaming Board in mid-2019, but that number has since shot past 14,000. Many of those gamblers cite their temptations as coming from the state’s 10 casinos, three horse racing tracks and 7,233 bars, restaurants, gas stations and VFW halls that also house slot machines. But since mobile sports betting launched last summer, Illinoisans can now gamble 24/7 from the comfort of home — and they’ve already lost more than $101 million doing so, according to Gaming Board revenue figures. Blackhawks analyst Eddie Olczyk placed Illinois first legal sports bet in March 2019. Gamblers across the state have wagered more than $1.4 billion since then — and lost $101 million. Ashlee Rezin Garcia/Sun-Times. As the billion-dollar industry keeps growing, addiction counselors say they’re hearing more and more from young people glued to the sports betting apps whose ads saturate Illinois airwaves and billboards. “It’s in your face all the time,” said Dr. Teresa Garate of the Gateway Foundation, a network of 16 addiction treatment centers statewide. “It’s becoming a part of everyday life. Everyone accepts it, but it’s a serious trigger for some.” That’s the case for Anthony, a 36-year-old recovering problem gambler from southwest suburban Tinley Park, who said he often finds himself changing the station as sports talk radio hosts dissect the latest betting lines. “It’ll just be too much, it’s too close,” Anthony said. “Even though I don’t think it’ll lead me down there, I know better than to let my mind start thinking like that.” Anthony reads his favorite passages from ‘A Day at a Time’ a book by Gamblers Anonymous. Tyler LaRiviere/Sun-Times. Elizabeth Thielen, a senior director at Nicasa Behavioral Health Services, said she’s seen yearly increases of people seeking help for gambling disorders across Chicago’s north suburbs, but a “real burst” of clients has sought them out in the past nine months. “The ages we’re seeing are trending younger, and I think that’s directly related to sports betting,” Thielen said. “At the same time, I feel hopeful because you have young people showing a surprising level of insight to find help.” Way Back Inn executive director Anita Pindiur is pictured outside the Maywood facility in 2019. Sun-Times file. While there’s been an influx of new problem gamblers, the potential for relapse is an equal concern for Dr. Anita Pindiur, executive director of the Way Back Inn, a Maywood treatment center. About 10 former patients have already returned to the Way Back Inn for counseling this football season alone. “Sometimes, we forget how quickly it can happen,” Pindiur said. “These things are advertised in a way that they’re fun and entertaining, and they should be. But often there is no set of limits or recognition of the limits until we get our credit-card bill, or somebody points it out.” Illinois sports betting market could rival Nevada’s, analysts say. Sports bettors have already wagered $1.4 billion since legal industry launched in Illinois. COVID-19 puts new Illinois casino licenses on hold. Besides financial ruin, experts say people who suffer from gambling addiction are more likely to suffer from substance abuse issues, turn to crime or even attempt suicide. “I was losing everything,” said Patrick, a 35-year-old Niles man who’s 13 months removed from his last bet. “I’d have a paycheck on a Friday afternoon and it would be gone by Friday night. My relationships with my family and whoever I was dating, it just got out of control. I was lying, I was stealing, I was doing all these crazy things.” As sports betting has been brought out of the shadows into everyday life, counselors say their challenge now is removing the stigma around seeking treatment for addiction — and they say they’re making progress through increased awareness. That’s been boosted with the help of $7 million set aside in the state’s gambling expansion law in grants for treatment centers, which have used a lot of that money to bolster advertising. The Way Back Inn is one of only a handful of addiction treatment centers in Illinois that provide a gambling-specific program. Sun-Times file. “One of the biggest barriers to treatment is stigma, especially for gambling,” said Garate, from the Gateway Foundation. “People don’t see it as a real addiction. It is, and help is out there.” Just how many people need help is unclear. Experts generally estimate that between 2% and 5% of the population deal with gambling disorder, which would project to about 635,000 people across Illinois, including about 136,000 in Chicago. TO GET HELP. For more information on problem gambling support, call 1-800-GAMBLER or text “ILGAMB” to 53342. But there’s been no comprehensive study of the problem in Illinois since 1999, well before video slots dotted the walls at thousands of establishments across the state and sportsbooks were accessible anywhere that had a cellphone signal. “You have to believe those numbers are different now,” Thielen said. The state Department of Human Services is out to find out just how much they’ve shifted with the onslaught of gambling options. The agency launched a $500,000 study last fall surveying treatment providers, problem gamblers and others to gauge the prevalence of addiction, especially among populations considered vulnerable or marginalized due to race, culture, economic or social disparity. “We want to know what’s the challenge, and what should we look for,” said David Jones, who directs the department’s Substance Use Prevention and Recovery Division. “Then, you can start to bring more evidence-based solutions on a size consistent with the scale of the challenge.”
Sections. Advertisement. What do sports betting lines mean? Share this article. If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding. But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with … Spreads. It would be really easy to bet on a game if you could put money on a heavy favorite to win. That’s where point spreads come in. Let’s look at an example: In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs. Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points. If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is. Moneylines. Let’s take that same example above but use moneylines: The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100. Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100. If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this: New England Patriots — 3/1 Baltimore Ravens — 5/1 Kansas City Chiefs — 8/1. If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.
Michigan launches online sports betting, casino games Friday. LANSING, Mich. (AP) — Online sports betting and casino games will start in Michigan at noon Friday, an expansion of options for gamblers who now wager through offshore sites. State regulators have authorized licenses for all three Detroit casinos and seven of the dozen tribes with “Class III” casinos. Additional operator and platform provider licenses are expected to be approved in coming weeks. Michigan Gaming Control Board Executive Director Richard Kalm this week called the launch a “new era,” saying it will give casinos an additional way to engage with customers and provide state and local governments with extra tax revenue. Large players in the U.S. mobile gambling market such as DraftKings, FanDuel and BetMGM are launching apps and enticing people age 21 and older with deals to sign up. Big sporting events this weekend including the AFC and NFC championship games and a UFC bout featuring start Conor McGregor. Sports and internet gambling were legalized under a law enacted more than a year ago, before the coronavirus pandemic struck. Casinos began accepting in-person sports wagers in March but had to wait for the creation of a licensing system for online operations, which have taken on increased significance amid state-ordered shutdowns or capacity restrictions at casinos to curb COVID-19. “It’s clear to us that there’s incredible demand among Michiganders for at least sports betting. But my expectation is that online casino and in due course poker will be equally popular,” said BetMGM CEO Adam Greenblatt. His company’s app — previously launched in 10 states — is connected to MGM Resorts, including the Detroit casino and hotel. Greenblatt said the state’s 8.4% online sports betting tax is “very sensible,” allowing licensed operators to compete with offshore sites. “You’ve got a group of players who have long been betting offshore. We would like to see them bring their play back on shore,” he said. He said there will be minimal if any “cannibalization” of business from players who typically visit casinos but instead will play on the internet. “We see an expansion of the market — so new players coming in to enjoy our product,” Greenblatt said, adding that MGM, like other casinos, will incentivize online gamblers to redeem rewards points by visiting onsite. Casinos offering online games like blackjack will pay a tax of between 20% and 28%, depending on their amount of adjusted gross receipts. Net new annual revenues to the state and Detroit, which has commercial casinos, are projected to total $18.6 million and $13.7 million respectively, according to the Michigan Department of Treasury. The money will go to the state’s school aid fund, which covers public schools. It also will be earmarked to a state fund that compensates first responders for lost wages and medical benefits if they get cancer from fighting fires. Municipalities with tribal casinos will receive a portion of tax revenues, too. Noting of flurry of internet gambling and sports betting ads in recent weeks, state Attorney General Dana Nessel urged potential online gamblers to read the fine print before signing up. “In some instances, site users may be required to spend or deposit a certain amount of money into an account before receiving their free play credits, and users should make themselves aware of such conditions so they are not taken off guard,” she said.
Big game, big worries? Gambling addiction grows with Illinois’ booming sports betting industry — ‘It’s in your face all the time’ The number of Illinoisans seeking help for problem gambling has almost doubled since legislators approved a massive gambling expansion in 2019. Experts expect that number to keep growing. Share this story. Share this on Facebook Share this on Twitter. Share All sharing options for: Big game, big worries? Gambling addiction grows with Illinois’ booming sports betting industry — ‘It’s in your face all the time’ A man who requested that he only be identified as Anthony stands by a window in a high-rise condo near Soldier Field on Friday. The Tinley Park man is a recovering sports gambling addict. Tyler LaRiviere/Sun-Times. Thousands of football fans will be placing their first legal Super Bowl bets in Illinois this weekend, and for most, a little action will make the big game just a bit more entertaining. But, for some, it might open the door to regular betting, adding a quick dopamine hit to the regular season viewing experience. Maybe they’ll have to start budgeting for a new habit. Maybe they’ll have to start borrowing for it. And, for a select few, it will get worse. It’s already gotten worse for hundreds of people statewide since Illinois legislators approved a massive gaming expansion a year and a half ago, introducing legal sports wagering to a state that’s already packed with more places to gamble than Las Vegas. The COVID-19 pandemic has made matters even worse, according to Luke, a Chicago-area problem gambler who was able to get out of the game nine years ago. Economic uncertainty and the general malaise of the quarantine lifestyle make gambling all the more enticing. “It used to be that there was a stigma, and gambling was taboo. It was seedy,” said Luke, who asked that his full name not be used. “Now, you can do it on your phone. The companies that are doing it are publicly traded Fortune 500 companies.” A man who asked that he only be identified as Anthony reads news about the Super Bowl on his phone Friday. Tyler LaRiviere/Sun-Times. Calls to the state’s gambling disorder hotline more than doubled from 2019 to 2020, when 13,258 people reached out either there or online for information on a problem that experts say is out of sight but front of mind for a growing number of bettors and their families. The Illinois Department of Human Services, which aims to connect problem gamblers with counseling resources, calls that a “dramatic increase.” In 2019, about 580 people received treatment for gambling disorders through state-sponsored programs across Illinois. That figure jumped past 1,000 in 2020, and experts say it doesn’t even cut the deck as only an estimated 3% of problem gamblers acknowledge they have a problem, and even fewer seek treatment. Counseling gets boost with Illinois gambling expansion — but more addiction is sure to follow. State’s all-in gambling expansion offers new temptation for those struggling to stay out. Hundreds more took the more drastic step of banning themselves from casinos and the smartphone betting apps that have them hooked. About 13,500 people were enrolled in the self-exclusion program maintained by regulators at the Illinois Gaming Board in mid-2019, but that number has since shot past 14,000. Many of those gamblers cite their temptations as coming from the state’s 10 casinos, three horse racing tracks and 7,233 bars, restaurants, gas stations and VFW halls that also house slot machines. But since mobile sports betting launched last summer, Illinoisans can now gamble 24/7 from the comfort of home — and they’ve already lost more than $101 million doing so, according to Gaming Board revenue figures. Blackhawks analyst Eddie Olczyk placed Illinois first legal sports bet in March 2019. Gamblers across the state have wagered more than $1.4 billion since then — and lost $101 million. Ashlee Rezin Garcia/Sun-Times. As the billion-dollar industry keeps growing, addiction counselors say they’re hearing more and more from young people glued to the sports betting apps whose ads saturate Illinois airwaves and billboards. “It’s in your face all the time,” said Dr. Teresa Garate of the Gateway Foundation, a network of 16 addiction treatment centers statewide. “It’s becoming a part of everyday life. Everyone accepts it, but it’s a serious trigger for some.” That’s the case for Anthony, a 36-year-old recovering problem gambler from southwest suburban Tinley Park, who said he often finds himself changing the station as sports talk radio hosts dissect the latest betting lines. “It’ll just be too much, it’s too close,” Anthony said. “Even though I don’t think it’ll lead me down there, I know better than to let my mind start thinking like that.” Anthony reads his favorite passages from ‘A Day at a Time’ a book by Gamblers Anonymous. Tyler LaRiviere/Sun-Times. Elizabeth Thielen, a senior director at Nicasa Behavioral Health Services, said she’s seen yearly increases of people seeking help for gambling disorders across Chicago’s north suburbs, but a “real burst” of clients has sought them out in the past nine months. “The ages we’re seeing are trending younger, and I think that’s directly related to sports betting,” Thielen said. “At the same time, I feel hopeful because you have young people showing a surprising level of insight to find help.” Way Back Inn executive director Anita Pindiur is pictured outside the Maywood facility in 2019. Sun-Times file. While there’s been an influx of new problem gamblers, the potential for relapse is an equal concern for Dr. Anita Pindiur, executive director of the Way Back Inn, a Maywood treatment center. About 10 former patients have already returned to the Way Back Inn for counseling this football season alone. “Sometimes, we forget how quickly it can happen,” Pindiur said. “These things are advertised in a way that they’re fun and entertaining, and they should be. But often there is no set of limits or recognition of the limits until we get our credit-card bill, or somebody points it out.” Illinois sports betting market could rival Nevada’s, analysts say. Sports bettors have already wagered $1.4 billion since legal industry launched in Illinois. COVID-19 puts new Illinois casino licenses on hold. Besides financial ruin, experts say people who suffer from gambling addiction are more likely to suffer from substance abuse issues, turn to crime or even attempt suicide. “I was losing everything,” said Patrick, a 35-year-old Niles man who’s 13 months removed from his last bet. “I’d have a paycheck on a Friday afternoon and it would be gone by Friday night. My relationships with my family and whoever I was dating, it just got out of control. I was lying, I was stealing, I was doing all these crazy things.” As sports betting has been brought out of the shadows into everyday life, counselors say their challenge now is removing the stigma around seeking treatment for addiction — and they say they’re making progress through increased awareness. That’s been boosted with the help of $7 million set aside in the state’s gambling expansion law in grants for treatment centers, which have used a lot of that money to bolster advertising. The Way Back Inn is one of only a handful of addiction treatment centers in Illinois that provide a gambling-specific program. Sun-Times file. “One of the biggest barriers to treatment is stigma, especially for gambling,” said Garate, from the Gateway Foundation. “People don’t see it as a real addiction. It is, and help is out there.” Just how many people need help is unclear. Experts generally estimate that between 2% and 5% of the population deal with gambling disorder, which would project to about 635,000 people across Illinois, including about 136,000 in Chicago. TO GET HELP. For more information on problem gambling support, call 1-800-GAMBLER or text “ILGAMB” to 53342. But there’s been no comprehensive study of the problem in Illinois since 1999, well before video slots dotted the walls at thousands of establishments across the state and sportsbooks were accessible anywhere that had a cellphone signal. “You have to believe those numbers are different now,” Thielen said. The state Department of Human Services is out to find out just how much they’ve shifted with the onslaught of gambling options. The agency launched a $500,000 study last fall surveying treatment providers, problem gamblers and others to gauge the prevalence of addiction, especially among populations considered vulnerable or marginalized due to race, culture, economic or social disparity. “We want to know what’s the challenge, and what should we look for,” said David Jones, who directs the department’s Substance Use Prevention and Recovery Division. “Then, you can start to bring more evidence-based solutions on a size consistent with the scale of the challenge.”
Free Sports Picks. Today’s Experts Free Plays! Guaranteed sports predictions & free sports picks for betting in your favorite sports book – Get Your Bet On! Get free daily predictions by our sports handicappers. Or surf over to our other social media accounts! Online gambling free picks are given out on You Tube, in our blog, and via social media each and every day of the year from Cappers Picks! Our list of expert picks guru’s include: Jack Jones, Ray Monohan, Kyle Hunter, Ben Burns, Jimmy Boyd, Matt Fargo, Rocky Atkinson and more… Will Rogers. The set-up: Vancouver won't be lacking for motivation here as it tries to break a three-game slide. It also plays with immediate revenge here after getting spanked 7-3 in this building two nights ago. With another game on Monday here, the Canucks will be risking life and limb getting into shooting and passing lanes tonight to try and get off the schneid. I like betting on motivated teams, and with an extra goal and a half of insurance at this price, I think the Nucks definitely offer value ATS. The pick: Finally, note that Toronto is just 2-6 in its last eight after scoring six or more goals in a four-goals or greater victory in its last outing. In a game which I see being decided late or in extra time, I'm going to lay the reasonable price for the extra 1.5 goals of insurance. This is a 1* FREE PLAY on the Canucks on the puck-line. Sean Higgs. Super Bowl Sunday - Sean Higgs has BEST BET Side posted for Chiefs and Buccaneers. - Now make the SMART MONEY MOVE and get this WINNER now. For those of you in NY/NJ area. Be sure to come down to Bally's Wild West AC - I will again have a Fan Cave for entertaining. Shirts and Hats to give away! - GL, Higgs. Dave Price. Dave's Saturday Free Play: 1* on Oregon State -2. The Key: The Oregon State Beavers are 4-2 SU & 6-0 ATS in their last six games overall. Their only losses came on the road to USC and UCLA in competitive games. They also beat Oregon on the road, plus ASU, USC and Washington at home. They are playing their best basketball of the season right now and are ready to avenge their 55-59 road loss at Washington State way back on December 2nd. They are a much better team since then. Washington State is just 2-6 SU in its last 8 games overall and has fallen apart. That's with the exception of an upset 74-71 win at Oregon on Thursday, their first win in Eugene in years. But that was an Oregon team that was rusty and coming back from a COVID break. I think this is now a big letdown spot for the Cougars. The Beavers are 7-0 ATS in their last 7 games when avenging a loss where opponent scored less than 60 points. The home team is 6-2 ATS in the last 8 matchups. Take Oregon State. Dave is a former #1 Ranked Overall Capper (2012) on the site! He has put together a 4084-3575 Overall Run that has his $1,000/game investors up $119,850! He was also the #2 Ranked Overall Capper in 2020 while in the midst of a HUGE 426-332 All Sports Run since December 28th, 2019! He is ready to put his 700-605 NCAAB & 562-439 NBA Runs over the long haul in play today! Give your man the beating he deserves and hop on board for Dave's Saturday All Sports 7-Pack for $49.95! By doing so you'll earn access to 3 NBA & 4 NCAAB picks! Dave guarantees you'll cash in a profit or you get Sunday's basketball picks for FREE! John Martin. The Cavaliers blew a 63-60 halftime lead over the Bucks and lost by 18 yesterday. They will be looking to avenge that defeat and stay within this 10.5-point spread at the very least. I like their chances here as the Cavaliers are about as healthy as they have been all season right now. Their depth will help them in this back-to-back situation. The Bucks are a lot more top-heavy than they were a year ago, and their lack of a decent bench has hurt them this season as a result. That's why they are a pedestrian 14-8 SU & 11-11 ATS this season. Milwaukee is 7-16-1 ATS in its last 24 games off a win. The Bucks are 1-4 ATS in their last five games as road favorites. The Cavaliers are 4-1 ATS in their last five games as home underdogs. Give me the Cavaliers. *Top 10 Overall Capper 4 of L5 Years!* *3863-3551 Overall Run! ($1,000/game bettors up $167,510 )* *2330-2071 Basketball Run! ($1,000/game bettors up $103,410 )* *1091-942 NCAAB Run! ($1,000/game bettors up $76,210 )* *1197-1070 NBA Run! ($1,000/game bettors up $52,320 )* I am riding a 10-3 Run L3 Days to add to my 36-23 Run L10 Days in basketball! I keep the money coming your way today with 4 NBA & 5 NCAAB winners inside my Saturday All-Inclusive 9-Pack for $49.99! This card features THREE 5 Unit BEST BETS in the Ole Miss/Auburn, Washington State/Oregon State & Warriors/Mavs games today! You pay *ONLY $5.56/Play* for all 9 winners, and you are GUARANTEED-to-PROFIT or I'll send you Sunday's plays for FREE! Rocky Atkinson. Rocketman Sports FREE NBA play Saturday 2-6-21. Denver @ Sacramento (5:05 PM EST) Play On: Denver -3 1/2. The Denver Nuggets travel to Sacramento to take on the Kings on Saturday afternoon. Denver is 12-9 SU overall this year while Sacramento comes in with a 10-11 SU overall record on the season. Denver is 5-0 ATS last 5 games after a SU loss of 10 points or more. Denver is 6-1 ATS last 7 games as a favorite. Denver is 4-1 ATS last 5 games as a road favorite. Sacramento is 1-6 ATS last 7 games as a home underdog. We'll recommend a small play on Denver today! Thanks and good luck, Rocky. Rocky Atkinson has a TOP RATED 10* NBA MONSTER for Saturday. One of the BEST HANDICAPPERS in the world is on an impressive 189-138 58% OVERALL run over his last 338 picks! Join the same handicapper that has made $1,000/game bettors $43,590 since July 28, 2019 with his Spread on Warriors v. Mavs! Rocketman is 6-1 86% last 7 NBA plays! Matt Fargo. This is a play on the KENTUCKY WILDCATS for our CBB Saturday FREE PLAY. To say it has been a disappointing season for Kentucky would be an understatement. The Wildcats are 5-11 overall including 4-5 in the SEC, certainly not living up to their normal standards. That being said, they lost to 10-0 Alabama twice and second place Missouri. Overall, Kentucky has played the seventh toughest schedule in the country overall which is by far the toughest of any team in the SEC so the record is a bit deceiving. Tennessee is 12-4 including a 5-54 record in the conference so it has not been much better but is laying points on the road. The Volunteers have only won one away game (at Texas A&M) since December 30th. They struggle mightily on the road, especially when it comes to scoring as they are averaging just 60 ppg. Play (752) Kentucky Wildcats. Matt is now 171-141-7 (+$15,859) the last two years in College Hoops and is ready to keep it going! He has three CBB Winners Saturday highlighted by his ACC Game of the Year as well as his Atlantic Ten Game of the Month! NBA and NHL are in play as well so grab a weekly or monthly subscription so you do not miss a single play. NFL Game of the Month goes Sunday in Super Bowl 55. Larry Ness. My free play is on Tennessee at 8:00 ET. Kentucky was ranked No. 10 in the AP preseason poll but its 1-6 start took care of that. However, the Wildcats won three straight to open SEC play, after a 76-58 at Florida on Jan 9. Hope was alive in Lexington but the Wildcats have lost FIVE of six since that 3-0 SEC start. Tennessee was No. 12 in the AP's preseason poll and the Vols were 10-1 and ranked 6th when they lost 75-49 at Florida on Jan 19. The Vols have lost THREE of five (including that loss to the Gators) and visit Lexington at 12-4 (ranked 11th). Tennessee blasted Kansas 80-61 last Saturday but then lost 52-50 at Ole Miss this past Tuesday, which had lost FIVE of its previous seven games, including THREE by double digits. Head coach Rick Barnes lamented mistakes in his Volunteers' loss at Ole Miss. They had 16 turnovers, which compounded the troubles they had shooting the ball, 35.6 percent for the game and 10 of 16 on free throws. "We had just some horrendous turnovers," Barnes said. "When you add that to the fact that we missed some shots that I like to think we can make around the rim, and you add that to the fact that with missing the front end of some one-and-ones on free throws, it makes for a long night. That's the disappointing part of it." Tennessee is loaded with perimeter players. Guards Bailey (10.4), Springer (9.6), Pons (9.4 & 5.8), Johnson (9.0), Vescovi (8.7 & 3.8) and Jordon-James (8.3 & 5.8) are quite a group. The 6-9 Fulkerson averages 11.0 & 5.9. It's no surprise that Calipari relies on freshmen, including leading scorer Boston (12.0 & 5.3), who was joined in the backcourt by freshman Clarke (10.7) and Askew (6.6) plus senior Mintz (10.3). However, Clarke has been sidelined since Dec 26 with an ankle injury. 7-0 senior Wake Forest transfer Sarr (10.2 & 5.6) has help up front from 6-10 freshman Jackson (6.6 & 7.1) and now 6-7 sophomore Brooks, who since getting back on the court has averaged 10.1 & 5.3. The Wildcats rallied from a 13-point halftime deficit to within three points, 68-65, with 4:53 remaining at Missouri on Wednesday and still were within four at 74-70 with 1:17 on the clock. However, they missed their last three shots in the final minute, including a couple of layups. Another defeat would saddle the Wildcats with their most losses under coach John Calipari since his 2012-13 team was 21-12. Anyone ever think a Cal-coached team would be averaging 67.6 PPG (269th) on 41.8% shooting (273rd), including 30.2% on threes (298th)? However, that's the case and while the Vols have been inconsistent on the offensive end this season, they are allowing just 58.9 PPG (6th) on 39.3% shooting (21st). Take the road favorite.
Betting Odds For X-Factor. When reality TV programming became popular in the late 90s and early 2000s, it was only a matter of time before sportsbooks started offering gambling odds on the world's most popular reality shows. Entertainment betting, as these types of wager are known, involves forming odds for the likelihood of different show's winners, and, just like with sports betting, occasionally releasing prop bet odds and wagers on other aspects of the show. On this page, we are going to talk about the various ways of betting on X Factor USA, explain the different betting types available to fans of the show, and help you find where to place the bets at the best entertainment wagering sites online. The Fox network has announced the cancellation of The X Factor. The network made the decision following creator Simon Cowell's plans to return to the UK version of the show. The show's poor ratings also factored into Fox's decision not to pick-up a fourth season of the singing competition, as well as the constant rotation of judges and behind the scenes drama. Cowell still plans to executive produce the NBC summer series America's Got Talent, but will be taking a break from US television for now. As shared by Deadline, Fox planned the development of several scripted series in anticipation of The X Factor's possible cancellation.. Odds to Win X Factor - The kind of odds offered on X Factor are similar to wagering types for other reality shows. Because X Factor's format is so familiar, wagering types for the show are equally familiar. X Factor USA odds are available usually immediately after the first show, once a site's handicappers have determined who the likely winners are, picked out a few underdogs, and released their opinions on who is most likely to take home the X Factor title. Most wagering on X Factor involves betting on specific contestants to win. Prop Odds for X Factor - But as is the case in sports betting, there are bets for X Factor that involve things besides the overall winner of the show. Prop bets for X Factor USA involve everything from head-to-head bets, based on the performance of competitors on the show from week to week, to bets on which judge will vote for which singer. Basically, prop bets for X Factor are just like prop bets in sports - anything you can wager on besides who will be the overall winner of the show is available to fans of X Factor betting. Online sportsbooks are jumping into the entertainment betting scene with both feet. Since you have more options than ever in terms of which online books to place your X Factor USA bets with, we've gone through the list and picked out only those sites that make the best offers to X Factor fans. The sites below have the best options for people who want to place bets on this popular reality TV contest show. Bovada - Offers Odds For X-Factor Long Before Other Sportsbooks Plus Has A 50% To $250 First Deposit Bonus. Designed for entertainment and sports bettors in the USA, Bovada has a huge lineup of wagering options for fans of reality TV. Americans love shows like X-Factor, even though the show's US incarnation has only been around for a single season, and Bovada gives them lots of ways to bet on the contest. Your first deposit at Bovada is eligible for a 50% deposit match worth up to $250, so take advantage of this sportsbook's wide range of X Factor bets and make a deposit today . . . Bovada's deposit bonus can make your betting bankroll even bigger. BetOnline - Bet On Everything From Winning Singer/Group To Which Judge Will Coach The Winners Here. Known more as a sports betting site than for their entertainment betting lines, BetOnline has as big a lineup of reality TV bets as any other site online, and easily the best deposit bonus system for sports and entertainment bettors. All of your deposits at BetOnline are eligible for a 25% deposit match up to $900 the entire time that you are a member, meaning you aren't just rewarded for your first "welcome" deposit. This is great because with X Factor being as popular as it is, there are going to be many more seasons of betting on X-Factor with that bonus. 50% to $250 On First Deposit, Great Odds! Play Today! 25% to $1,000 On Every Deposit for ALL 50 States! Play Today! Everyone Gets a 50% to $500 Bonus On Every Deposit Play Today! 50% to $200 plus 20% to $500 for New Accounts Play Today! X Factor has been on for years in the UK and other parts of the world; only recently has American TV embraced Simon Cowell's competition for American Idol, a show which he created and eventually abandoned. The $5 million recording contract with Epic Records that the show offers its winner is a big draw, though it's important to point out that X Factor USA is not just for singers, but performers in general, open to individuals, groups, and the young and old alike. With a second season set to premiere in the United States in the middle of September, entertainment bettors are lining up ready to lay down money on who they think will be the show's ultimate winner. X Factor USA Judges. The second season of X Factor will feature two new judges, which means the show will be judged by a rather eccentric group, including media mogul Simon Cowell, platinum recording artist Britney Spears, and musical icons Demi Lovato and L.A. Reid. Paula Abdul famously left the show after further disagreements with Simon Cowell, who she clashed with before on the set of American Idol. X Factor in America has two past winnesr: In the first season year, Melanie Amaro wowed the judges with her vocal talents and signed a record deal worth millions of dollars with Epic Records. Though she has yet to release her first record, Amaro did win the Teen Choice Award for best female reality star, and the release of her album is heavily anticipated. The deal she signed with Epic was worth millions in and of itself, but the terms of the deal allowed her to sign another contract with a smaller company, Syco Music, so she was able to turn her X Factor USA win into a multiple contract recording career. Tate Stevens was the second winner of the X Factor, winning Season 2 on December 20th, 2012. He secured a $5 million deal with Syco Music and RCA Records Nashville. Stevens is a country talent with a fantastic voice. His debut single titled "Holler If You're With Me" has gone on to be one of the most popular songs in 2013, including on a Pepsi commercial airing during the Grammys. Season 1: Melanie Amaro Season 2: Tate Stevens Season 3: Alex & Sierra.
X-Factor Betting Odds. Latest X-Factor Betting Odds & News. X Factor Winning Judge Betting Odds Formed. With the upcoming season of X Factor ready to debut in its second year this coming fall many are wondering what the newly revamped judge’s panel. 2012 X-Factor USA Judges Spears, Lovato “Aren’t Really Singers” ABC’s Duets will have hard enough time competing with the other singing competitions, and the show’s mentor John Legend is already taking swings at one of. X-Factor Futures Betting Odds Favor Female Winner for 2012. The X-Factor, touted by creator Simon Cowell as the next big thing in singing competitions, was rather tepid last season. It didn’t come near that 20-million-viewer. New X Factor Betting Odds Released In Anticipation Of Season Two. Though it’s just one season old here in the U.S., the X Factor is already one of America’s favorite talent based reality T.V. shows. Created by. Judge L.A. Reid Signs On For Second Season Maybe Beyonce Too. After the recent turmoil over Nicole Scherzinger and Paula Abdul being fired from the show, the X Factor cast gained a little more stability with judge. How To Bet On X Factor. Betting on X Factor is a pretty easy proposition as long as you know where to do it at. For all X Factor betting, we recommend Bovada because they are on top of their game when it comes to getting odds up quickly after eliminations, and other big news. So, how do you bet on X Factor? Well, there are a number of ways but the most popular way is to bet on the winner. Pick the person or group you think will win the X Factor and if they do win, you win. Depending on how well the group or person is viewed, the odds will change. The favorites will obviously pay out lower than the longshots but if you think you have some inside knowledge or a gut feeling, take a longshot because that is where the big money is at. All Ways To Bet On X Factor. Future Odds On X Factor Winner Bet On The Winning Judge Bet On The Winning Group. New X Factor Betting Odds. Available 3/2/12: Who Will Win Season Two Of The X Factor? The odds shown above are simple enough. Which group is going to win season two of the X Factor USA. Instead of having the four groups which the show's format centers around, Bovada combined all the individual groups into males or females. Age is not an issue when it comes to this bet. Best Place To Bet On X Factor. As you may or may not have read already, Bovada is the best place online to place wagers on the X Factor competition. Bovada is the best simply because they are always in tune with what's currently going on. They adjust their odds regularly and make them available for betting as much as they possibly can. If you want to bet with Bovada, click any of our text links or banners and you will be taken there to sign up for a new account. You will need to deposit in order to bet, but when you do, know that you are eligible for a 20% to $100 new player bonus as a nice welcome gift. It really pays to bet with Bovada. Go To Bovada.
X Factor Betting Odds. Search. X Factor Betting Tips X Factor Judges All X Factor Winners X Factor Odds Comparison Official UK X Factor Site. X Factor Tips. The one most obvious, but often forgotten betting tip, is to take advantage of bookmakers sign up bonuses and free bets. This is normally forgotten or over looked because most punters become happy with the bookie they have first signed up with and can’t be bothered to fill out the registration forms to bet somewhere else. In our eyes this is clearly madness! There is literally thousands of pounds currently being offered in sign-up bonuses (and you don’t just have to use this money betting on x factor). Although this fact alone should be enough to get you motivated an added bonus of signing up with multiple bookmakers is you’ll be sent loads of latest deals and promotions in which to compare before placing your bet. And all these new accounts now mean you will never have to settle for anything other than the best industry odds. How? Simply use one of several odds comparison sites that offer X Factor betting and see at a glance with of your many accounts is the best place to have your bet. X Factor Betting Tips. 1. Read red top newspapers. Tabloid papers are a great source of information when it comes to x factor but keep an eye out for scandals. For betting purposes, and although unfair, female singers are damages to a far greater degree with a negative story about their past. Don’t forget to also read user comments if you are viewing the paper online. 2. Check Twitter and Facebook. With any reality TV contest today not having a social presence will be a massive hindrance. So each and every competitor will have one. Twitter is the social media of choice for the vast majority of contestants and it is wise to follow each of them if you are serious about x factor betting. Be sure to check each singer’s follower count and the buzz around them (making sure it isn’t negative as well) 3. Pay little attention to the singing. This may sound counter intuitive but the voting public aren’t vocal experts and will mainly be voting with their heart. Many acts will do well solely on just relating to their audience, and if they have an interesting back story that’s even better. 4. Be aware of who has previously been in the bottom two. This tip is only of use if you are placing your bet once the live finals have started. Statistically the winner’s of x factor has consistently had a higher vote count that the rest of the singer throughout voting period. 5. Think like the voters. The majority of voters on the x factor are female, and this normally leads to female singers not doing as well as the men. Looking through the past winners an early bet is best placed on a good looking young male, like previous winners James Arthur, Shayne Ward, Matt Cardle, Joe McElderry and Leon Jackson. 6. Check the stats. For transparency ITV always release the stats on the phone voting after each series of x factor. Be sure to google for this data before placing a bet to make sure you are getting value for money on your bets. 7. Look into how popular the singers mentor (and Judge) is. The judge/mentor of an act also needs to be investigated prior to placing a bet, a judge like Louis Walsh is forever under preforming. Whereas new judges seem to do extremely well. You’d like to place your bet on a performer that has a very competitive mentor as they will put in the extra work, through the media and social, to make sure their act does the best they possible can. X Factor Judges. Guest Judges. All X Factor Winners. 2004 Steve Brookstein. 2005 Shayne Ward. 2006 Leona Lewis. 2007 Leon Jackson. 2008 Alexandra Burke. 2009 Joe McElderry. 2010 Matt Cardle. 2011 Little Mix. 2012 James Arthur. 2013 Sam Bailey. X Factor Odds Comparison. We use comparison sites or shop around for all our major purchases, so there is no excuse for not doing this for placing an x factor bet. Thankfully this doesn’t involve visiting and finding the x factor odds section of each of the bookies offering bet. Today’s betting is far easier than that; today we have odds comparison sites. Odds comparison sites come in many different styles and have vastly different navigation systems, so each punter will have their own favourite. Here we give you the low down on the big players and you can decide for yourself which is best. Remember, once you have choose your favourite site to compare odds make sure you sign up to all the bookies to collect your free bets. Screen grab of odds checkers x factor odds. Other good features are the ability to see multiple bets with their multiples bet basket and a top notch mobile site. Easy odds betting display. X Factor odds comparison. Betbrain is renowned for its super-fast in-play odds comparison. They have also gone down a different route to most other comparison sites by displaying their prices in a ladder format (meaning they go from the top of the screen to the bottom instead of left to right). This lets them offer vastly more bookmakers then the average comparison sites. Another excellent feature is the “live” label next to bookie logos; letting you know where you can place live bets if a performer excels (or is often the case in the early rounds of x factor forget their lines or get bad judges reviews).
United States Steel Corporation (X) Previous Close 16.49 Open 16.65 Bid 16.59 x 4000 Ask 16.65 x 2900 Day's Range 16.45 - 17.10 52 Week Range 4.54 - 24.71 Volume 22,154,659 Avg. Volume 16,321,243. Market Cap 3.648B Beta (5Y Monthly) 2.51 PE Ratio (TTM) N/A EPS (TTM) -5.92 Earnings Date Apr 28, 2021 - May 03, 2021 Forward Dividend & Yield 0.04 (0.24%) Ex-Dividend Date Feb 05, 2021 1y Target Est 14.57. 4 Steel Producer Stocks to Buy From a Rebounding Industry. 4 Steel Producer Stocks to Buy From a Rebounding Industry. United States Steel Corporation -- Moody's says U. S. Steel's use of equity offering proceeds to redeem high cost debt is credit positive. United States Steel Corporation Announces Pricing of Upsized Common Stock Offering. United States Steel Corporation (NYSE: X) (the "company" or "U. S. Steel") announced today the pricing of its upsized underwritten public offering of 42,000,000 shares of common stock, for gross proceeds of approximately $699 million. The size of the offering was upsized from 40,000,000 shares to 42,000,000 shares. The company has granted the underwriter a 30-day option to purchase up to 6,300,000 additional shares of common stock from the company. The offering is expected to close on or about February 5, 2021, subject to customary closing conditions. United States Steel Corporation Announces Common Stock Offering. United States Steel Corporation (NYSE: X) (the "company" or "U. S. Steel") announced today that it has commenced an underwritten public offering of 40,000,000 shares of common stock. U. S. Steel intends to grant the underwriter a 30-day option to purchase up to 6,000,000 additional shares of common stock from the company. Has United States Steel (X) Outpaced Other Basic Materials Stocks This Year? Is (X) Outperforming Other Basic Materials Stocks This Year? United States Steel Corp (X) Q4 2020 Earnings Call Transcript. X earnings call for the period ending December 31, 2020. U.S. Steel (X) Beats Earnings and Revenue Estimates in Q4. U.S. Steel (X) benefits from its cost-management actions and higher prices in the fourth quarter. United States Steel Corp. to Host Earnings Call. NEW YORK, NY / ACCESSWIRE / January 29, 2021 / United States Steel Corp. (FRA:USX1) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on January 29, 2021 at 8:30 AM Eastern Time. U.S. Steel Jumps as Revenue, Adjusted Loss Beat Estimates. U.S Steel reported fourth-quarter revenue stronger, and an adjusted loss narrower, than analysts expected. United States Steel (X) Reports Q4 Loss, Tops Revenue Estimates. U.S. Steel (X) delivered earnings and revenue surprises of 61.97% and 0.97%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock? United States Steel: Q4 Earnings Insights. United States Steel Corporation Declares Dividend. United States Steel Corporation (NYSE: X) ("U. S. Steel") announced today that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 9, 2021 to stockholders of record at the close of business on Monday, February 8, 2021. United States Steel Corporation Reports Fourth Quarter and Full-Year 2020 Results. United States Steel Corporation (NYSE: X) reported fourth quarter 2020 net earnings of $49 million, or $0.22 per diluted share. Adjusted net loss was $60 million, or $0.27 per diluted share. This compares to fourth quarter 2019 net loss of $668 million, or $3.93 per diluted share. Adjusted net loss for the fourth quarter 2019 was $109 million, or $0.64 per diluted share. 12 Most Famous Monopolies Of All Time. In this article we are going to list the 12 most famous monopolies of all time. Click to skip ahead and jump to the 5 Most Famous Monopolies of All Time. There was a long time when entrepreneurship wasn’t really considered to be a very viable option for the vast majority of people in the […] Arkansas Development Finance Authority -- Moody's changes Big River Steel and U.S. Steel's secured debt ratings to B3; withdraws Big River's CFR and PDR. Moody's Investors Service ("Moody's") upgraded Big River Steel LLC's ("Big River Steel") secured debt rating to B3 from Caa1 to reflect its priority position in the consolidated capital structure and the benefit of the loss absorption from United States Steel Corporation's ("U.S. Steel") existing unsecured debt. At the same time, Moody's downgraded U.S. Steel's secured debt rating to B3 from B2 to reflect the addition of Big River Steel's secured debt in the consolidated capital structure. Hoover (City of) AL, Industrial Devel. Board -- Moody's changes Big River Steel and U.S. Steel's secured debt ratings to B3; withdraws Big River's CFR and PDR. Moody's Investors Service ("Moody's") upgraded Big River Steel LLC's ("Big River Steel") secured debt rating to B3 from Caa1 to reflect its priority position in the consolidated capital structure and the benefit of the loss absorption from United States Steel Corporation's ("U.S. Steel") existing unsecured debt. At the same time, Moody's downgraded U.S. Steel's secured debt rating to B3 from B2 to reflect the addition of Big River Steel's secured debt in the consolidated capital structure. Big River Steel LLC -- Moody's changes Big River Steel and U.S. Steel's secured debt ratings to B3; withdraws Big River's CFR and PDR. Moody's Investors Service ("Moody's") upgraded Big River Steel LLC's ("Big River Steel") secured debt rating to B3 from Caa1 to reflect its priority position in the consolidated capital structure and the benefit of the loss absorption from United States Steel Corporation's ("U.S. Steel") existing unsecured debt. At the same time, Moody's downgraded U.S. Steel's secured debt rating to B3 from B2 to reflect the addition of Big River Steel's secured debt in the consolidated capital structure. U. S. Steel Names Scott Dorn Interim Head of Tubular Solutions. Today, United States Steel Corporation (NYSE: X) announced the appointment of Scott M. Dorn as Interim Head of Tubular Solutions.
Sports Betting. On Super Sunday, one of the most enticing showdowns in Super Bowl history will transpire in between the confines of Raymond James Stadium between the defending champs in the Kansas City Chiefs and the Read more. Super Bowl LV Team Prop Bet Picks. Get down on Schwab's top Super Bowl prop bets from the "team" category. Get the top picks to cash in on >>> Check it out! Betting Previews. Sports Database. Sports Database: Research past team game results using variables such as versus opponent, home or away, grass or artificial turf, month, as a favorite or dog, point spread odds, by division and more! Start improving your bottom line today! CHECK IT OUT. Sports Betting Advice. Offshore Sportsbooks versus Corner Bookie We take a look at the advantages of placing your wagers at internet sports books versus laying your action with a corner bookie. High Betting Limits? Pinnacle Sportsbook's withdrawal from the US market left many big bettors looking for a reputable sportsbook to place their action. Betting Math - ROI Return on your money invested is one concept that many gamblers do not consider when they wager on sports. Sports Betting Primer To profit in sports wagering you need to follow strict money management rules. Beginners and novice bettors should not vary their wager size. How to Successfully Bet Parlays Betting on parlays can lead to big payouts, but it doesn’t come without risk. Learn how to you can increase your chances of cashing. How to Wager. If you are new to wagering online or sports gambling in general then you could probably benefit from reading our articles below. Learn why not all sportsbooks are the same and why you should choose a bookmaker that suits your style of wagering. Sports Predictors. Sportsbooks. 5Dimes Bet365 Betonline Bodog Bovada Pinnacle Sports. NFL Football Odds NCAA Football Odds NBA Basketball Odds NCAA Basketball Odds MLB Baseball Odds NHL Hockey Lines. Free Picks. NFL Predictions NCAAF Predictions NBA Predictions NCAAB Predictions MLB Predictions NHL Predictions. The handicapping and sports wagering information contained on this website is for entertainment purposes only. Please verify the gambling laws and regulations in your jurisdiction as they vary from state to state and country to country. Use of this information in contravention of any law is prohibited. In particular, citizens of Illinois, Indiana, Louisiana, Washington State, Oregon, Nevada, Montana and South Dakota should learn the various laws on online gaming, as laws in each state may relate to participants, advertisers or those involved in the business of gaming.
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Betting. Former Las Vegas resident Mark DeRosa won more than $300,000 in wagers after correctly predicting that Tom Brady would leave New England and land in Tampa Bay. The team that lost the first game has a winning record in the 13 previous Super Bowls between teams that played in the regular season. Most bettors will wait until closer to game time to weigh in. One sportsbook director said he doesn’t want to go to Kansas City -3½. Less than two weeks after launching a mobile app in Michigan, MGM Resorts International’s sports betting platform is teaming up with former Detroit Lions running back Barry Sanders.
Super Bowl 2021 betting: Odds updates, prop bets, advice, injuries for Chiefs and Bucs, more for Super Bowl LV. Everything you need to know as you place your bets on Super Bowl LV between the Chiefs and Buccaneers. Super Bowl LV is officially here, and it's time you started locking in your bets for the big game from Raymond James Stadium in Tampa. From the typical lines, Over/Unders and player props that we are accustomed to, to all of the interesting props such as the the length of the national anthem and what the result of the opening coin toss will be, this live blog will have all the information you could possibly want when it comes to making money on Super Bowl LV. Super Bowl LV is almost here, and you can watch it for free on the CBS Sports App . Here's everything you need to know from a gambling perspective about the 2021 Super Bowl: Live updates. The SportsLine Projection Model, which simulates every NFL game 10,000 times, is up almost $7,900 for $100 players on top-rated NFL picks since its inception five-plus years ago. It is a sizzling 24-14 on top-rated NFL picks this season, returning well over $800. The model also enters the 2021 Super Bowl on an incredible 120-78 run on top-rated NFL picks that dates back to the 2017 season. You can check out which way the SportsLine Projection Model is leaning on the Super Bowl by heading over to SportsLine. Chiefs expert pick. SportsLine's Larry Hartstein has put together an incredible run on ATS picks involving the Chiefs, going 16-3 on his last 19 ATS picks for or against the AFC Champion. The Early Edge's "Maestro" has also been red-hot on his overall ATS picks, putting together a 22-12-2 run on his last 36 ATS picks in the NFL overall heading into the Super Bowl. While he's leaning to the Over on the total of 56, he also has a strong play on the spread as he seeks to increase his hit rate to 85% in his last 20 ATS picks in Chiefs games. Check out which side of the spread he's taking over at SportsLine. Bucs expert pick. R.J. White enters the Super Bowl as SportsLine's No. 1 NFL expert, putting together an 80-58 run on all NFL picks and returning more than $1,500 for $100 bettors during that stretch. He's also in the middle of a profitable run on ATS picks in Bucs games, going on a 24-14 run on those picks over the last few years. He's leaning toward the Under in this game, but you can find his ATS pick on the Super Bowl right now over at SportsLine. Chiefs vs. Bucs player prop best bets from advanced computer model: SportsLine's Projection Model, which simulates every NFL game 10,000 times, is up almost $7,900 on top-rated NFL picks since its inception five-plus years ago. It has also crushed its NFL prop picks this season, entering the 2021 Super Bowl on a strong 386-309 roll, returning a massive profit of almost $3,200 this season. After simulating this year's Super Bowl matchup 10,000 times, the model has delivered its top 20 player prop picks for Chiefs vs. Buccaneers, taking strong positions on Tom Brady's passing yards, attempts and interceptions; Patrick Mahomes' passing yards, attempts and touchdowns; and plenty more. Check out all 20 player props picks over at SportsLine. "The Maestro" Larry Hartsein has been on a roll with his NFL picks over at SportsLine, going 22-12-2 on his last 36 ATS picks heading into the Super Bowl. He's been even better in Chiefs games, where he's put together a 16-3 run on ATS picks. Now Hartstein has made his pick for Super Bowl MVP, and it's not Chiefs star Tyreek Hill despite his 269-yard, three-TD explosion in the first meeting between these teams. You can find that pick by heading over to SportsLine. SportsLine's Prop Guide is now live! You can get trends, research and picks from the SportsLine model and experts before the big game on everything from the coin toss to the MVP and plenty in between, including player props, half and quarter odds, largest lead, first and last team to score, successful field goals, sacks, longest TD play and a lot more delivered straight to your inbox. Get all the information you need before you lock in your picks in SportsLine's Prop Guide. Positive news for both the Buccaneers and Chiefs from an injury perspective on Wednesday:
IHS Markit Ltd. (INFO) Previous Close 89.96 Open 90.32 Bid 89.32 x 900 Ask 89.34 x 800 Day's Range 89.12 - 90.74 52 Week Range 44.81 - 101.45 Volume 1,461,127 Avg. Volume 3,341,330. Market Cap 35.424B Beta (5Y Monthly) 1.01 PE Ratio (TTM) 41.16 EPS (TTM) 2.17 Earnings Date Mar 22, 2021 - Mar 26, 2021 Forward Dividend & Yield 0.80 (0.89%) Ex-Dividend Date Jan 28, 2021 1y Target Est 104.50. CERAWeek by IHS Markit 2021 to Convene Energy CEOs, Government Officials, and Business and Technology Leaders for World’s Preeminent Energy Conference. NEW YORK, NY / ACCESSWIRE / February 2, 2021 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:TC PipeLines, LP (NYSE:TCP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TC Energy Corporation for 0.70 common shares of TC Energy for each publicly-held TCP common unit. Following December Decline, Small Business Employment Growth Holds Steady in January. The latest Paychex | IHS Markit Business Employment Watch report is out. The January numbers show the national Small Business Jobs Index held relatively stable from the previous month, moderating slightly to 94.00 or 0.07 percent. Both the growth in earnings and hours worked are trending higher to begin the year following a six-month slowdown. Hourly earnings growth increased to 2.68 percent. Weekly earnings growth also increased to 2.84 percent as weekly hours worked rose 0.17 percent. IHS Markit to Present at Goldman Sachs Technology and Internet Conference. IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that Jonathan Gear, EVP and Chief Financial Officer, and Adam Kansler, President of Financial Services, will present at the Goldman Sachs Technology and Internet Conference on Wednesday, February 10, 2021. The presentation is scheduled for approximately 8:50 a.m. Eastern time. SHAREHOLDER ALERT: Monteverde & Associates Continues to Investigate the Following Merger. NEW YORK, NY / ACCESSWIRE / February 1, 2021 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: * Xilinx, Inc. (NASDAQ:XLNX) relating to its proposed sale to Advanced Micro Devices, Inc. STOCKHOLDER ALERT: Monteverde & Associates Continues to Investigate the Following Merger. NEW YORK, NY / ACCESSWIRE / January 28, 2020 /Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: * IHS Markit Ltd. (NYSE:INFO) relating to its proposed merger with S&P Global, Inc. INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies on Behalf of Shareholders - XLNX, IPHI, NAV, AKER, INFO. Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: CARFAX: You Must Still Maintain Your Car, Even If You're Driving Less. Because millions of Americans are staying home more often during the pandemic, their cars may be spending less time on the road. In fact, CARFAX data shows people are driving an average of almost 2,000 miles less a year than they normally would in the time since COVID travel restrictions were enacted. Driving less doesn't mean a vehicle no longer needs maintenance, though: Even if the odometer isn't moving much, the clock is still ticking on a car's maintenance schedule.
