Again, the favorite is represented by a “minus” sign and the underdog is represented by a “plus” sign ahead of the point or handicap margin.
-In its simplest form, consider that a favorite “gives” points, while an underdog “gets” points.
Sports bettors place a bet with a bookmaker on which team, the favorite or the loser, will exceed the established line. For a bet to win, the team simply has to beat the predicted line regardless of whether they win or lose the game.
To illustrate a point difference, we’ll look at an example of an NFL matchup between the New England Patriots and the Green Bay Packers. The bookmakers must first determine which team is going to win and then by how many points to balance the match:
📍New England Patriots -6
📍Green Bay Packers + 6
If you bet on the Patriots Point Spread, they need to win by 7 or more points. If the Packers win by 7 or more points, that is known in the gaming industry as a “cover” or “covered.”
Now, if the Patriots win by exactly 6 points, that’s known as a “push,” which is a fancy term for a tie between bookies and sports bettors (neither is a winner). In such a case, the amount risked by the bettor is refunded.
If you bet on the Point Spread on the Packers, they need to win the game outright or lose it within the specified spread (by 5 points or less) for the bet to cover.
🔸Money Line / Money Line next to Handicap :
The payout for a point spread or handicap bet is determined by the corresponding money line, which is normally indicated in parentheses next to the point spread. This is also known as “juice” or “juice” in English, the most appropriate way for us in Latin America would be: quota, margin, or money line.
⚠️The margin is the commission that a bookmaker charges to accept a bettor’s bet; After all, 바다이야기 betting is a business and a sportsbook is in the business of making as much money as sports bettors; However, bookmakers usually prefer not to take sides when offering betting lines, and therefore although it sounds curious, bookmakers generate their profits from the margin they handle in each sporting event.
Back to our topic… Therefore, if a bettor bets on Patriots -6 (-110), he must risk $ 110 to win $ 100. However, the margin can even be a positive number. For example, if a sports bettor bets on the Titans +6 (+115), he must risk $ 100 to win $ 115.
⚠️ -It is important to note that the odds/margin/money line varies from one bookmaker to another.
Point spreads are widely available in most sports, but enjoy increasing popularity among soccer, NFL, NBA, NCAAF, and NCAAB punters.
🔸Bets on the Total Points of the event:
Beyond offering bets on the outcome of a game ( money line ) and the winning margin ( point spread ), bookmakers offer another type of direct bet that we are going to cover in this sports betting guide: Betting in Totals too known as the highs or lows (over/under) of a certain number of points.
Here, bettors can predict the combined total number of points scored in an event by both teams or participants, and they do so by choosing to bet on “more” or “less” than said predetermined total.
🔸How do the total bets work?
To illustrate how to bet totals here is an NBA matchup as an example. Let’s say the Los Angeles Lakers face the Indiana Pacers and the sportsbooks offer a Total of 218 points for the game.
If a bettor bets “more than” 218 (which would be highs or over) and the combined total score at the end of the game is 219 or more, the bet wins. If the game ends with a score of 217 or less, the bet loses. In this case, the resulting score is 218, the bet is considered a “push” and the bettor gets his bet back.
It is very common for bookmakers to avoid push or draw situations by adding half a point to the totals line; For example; You will rarely see 218 as in the previous example, the normal thing would be to see 218½ as total points; which guarantees that there will be winners and losers.