Identify the type of line you are taking a look at. All online sports books give you the opportunity to get your traces at an”American” or”Money line” version. If I were you, I would use this as my standard. An”American” line utilizes either a + or before a number to signify chances. So a -120 plus also a +120 are two very different odds on a team… I will explain the differences shortly. Two other less frequent variations exist: Publish chances and fractional odds.
Briefly:
–Fractional odds are most frequently seen in hurrying. A 10/1 payout ought to be read”$10 paid for every $1 wagered.” When the bigger number is on the left, you’ll discover that bet is normally an underdog in the race. Also notice, however, that in case such as”Who will win the Super Bowl in the NFL?” You will see all of the teams listed as”underdogs”… i.e. paying at least 2/1 (some around 300/1 or more).
Identify the favorite. Lines with a – before the number (i.e. -200) indicate the favorite. A -200 should be read as:”For every $200 wagered, I win $100.” When there is a negative signal, the line must always be read with terms of 100. That doesn’t mean you have to wager that far, it’s just easiest to understand! When a + signal is present, just reverse the scanning, constantly in reference to 100:
Examples:
1) -150: For each $150 wagered, I win $100 ($50 wagered would win $25).
2) +300: For every $100 wagered, I win $300 ($50 wagered will win $150).
3) 100 (could be either +/-): For every $100 wagered, I win $100 ($50 wagered would win $50).
4) Most commonly: -110: For every $110 wagered, I win $100.
You see”4″ most commonly because the extra $10 you need to wager to win $100 is called the”juice” the books keep as a fee for making the line available to you.
The main thing you can educate yourself early on is:”Only because the novels assign one side are the favorite (even large, -200 or -300, favorites), does not mean they will triumph.” We have all seen favorites get mad, and it is important to avoid the temptation of finding comfort in the fact that the lines makers place one group as a favored.
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