The juice on spread bets generally starts around -110 but will range from -125 to +100, depending on the odds and the sportsbook. Homefield advantage is expected to be worth about three points, and consensus favorites are usually between -6 and -7.5. If the spread is a whole number and the favorite wins by that exact number of points, the wager is graded a push and it will be void.įor the most part, oddsmakers set NFL spreads at or around key numbers such as 3, 6, and 7 points. Betting on Seattle +3.5 (-105) means risking $105 to win $100 and winning the bet even if the Seahawks lose by three or less. Underdogs are offered some margin for error and can lose by fewer points than the spread and still ‘cover’ the number and win your wager. So a wager on the Rams at -3.5 (-115) requires a victory of at least four points and a risk for $115 for every $100 in profit. The favorite must win by more than the point spread indicates to cash your ticket. Most football teams aren’t created equal (as evidenced by the moneyline), so attaching a point spread is how oddsmakers even out the game from a betting perspective.Ī matchup will occasionally have a “Pick ‘Em” line (listed as PK) with no spread, which indicates it’s an even game, but this is the exception and not the rule. Point SpreadĮvery NFL game on the schedule has a point spread, which is essentially a figure set by oddsmakers as a potential winning margin for the favorite, and losing margin for the underdog. If the team covers but doesn’t win, there’s still a profit to be made. Underdog bettors can eliminate some of the risk by betting against the spread and sprinkling a smaller amount on the moneyline. This way, you aren’t laying the massive amount of juice that will come with a huge favorite, and you can avoid the “bad beat” if that team wins but doesn’t cover the spread. If betting favorites, it’s best to focus on moneylines in games where there is a close spread. For a $20 bet, you can win $35 in profit. At +175, a $100 wager on the Bears could win $175 in profit. If you’re betting a smaller amount, that’s a $21 risk to win $10. The Packers are the favorite at -210, so the bettor would have to lay out $210 to win $100. Doing the math based on the number 100 and adjusting for your exact wager amount is the easiest way to calculate potential wins and losses. With underdogs, the moneyline represents what you can win with a $100 bet. Because favorites are the team labeled by oddsmakers as more likely to win, bettors must risk more if selecting them. An example of an NFL moneyline would look like the following:įor favorites, the moneyline is the amount you must risk for every $100 in profit. Moneyline wagers are straightforward, so they’re common among novice bettors.įavorites can be identified by the negative line, while underdogs have a positive moneyline. The margin of victory doesn’t matter, all that needs to happen is your selection wins the game. Visit the link below for previews and predictions for every NFL game on the schedule!ĬLICK HERE FOR NFL GAME PREVIEWS & PICKS! HOW TO BET ON FOOTBALL Moneylineīetting the moneyline is as simple as picking the winner of a game. Here, we provide odds and a variety of weekly NFL picks. It takes energy and extensive research to have success over the course of a season, and PlayPicks is committed to contributing to a positive betting experience by cutting out some of the time-consuming aspects of the process.
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