IMPORTANT TERMS
POINT SPREAD — The most popular sports bets are based on the point spread. The point spread represents the allowance of points where the team must win to”cover the spread” Bets on the point spread are often offered at 11-to-10 odds. For instance, a player must bet $11 to win $10 for a entire payout of $21 or $110 to win $100 for a entire payout of $210.
MONEY LINE — The money line represents the odds of a team winning the game outright with no use of the point spread. The cash line is called a number. For instance, -150 means a player must bet $150 for every $100 they wish to acquire, $15 for each $10 and multiples thereof. Or, +140 signifies a participant will win $140 for every $100 they bet.
Longshot — A team perceived to be unlikely to win.
Middle — To win both sides of a game; wagering on the underdog at the same point spread and the favorite at a different stage spread and winning both sides. By way of example, if the player bets the underdog +4 1/2 and the preferred -3 1/2 and the favorite wins by 4, then he has”middled” the publication and won both bets.
Money line — Odds expressed in terms of cash. With money odds, whenever there is a minus (-) the player lays that sum to acquire $100; where there’s a plus (+) the player wins that amount for every $100 wagered.
Nickel — A 500 sports wager.
No Action — A wager in which no cash is lost or won, along with the original bet amount is reimbursed.
Away from the board A game in which no bets are being approved.
Introduction line — The earliest line posted for a particular sporting event.
Over — A sports bet in which the player wagers that the combined point total of two teams will be more than a predetermined total.
Parlay — One bet that links together two or more wagers; to win the wager, the player must win each of the wagers in the parlay. If the participant loses one particular bet, he loses the whole wager. But if he wins all the wagers from the playoffs, he wins a higher payoff than when he’d put the bets individually.
Pick or Select’em — A game where neither team is favored.
Point spread — The allocation of things where the team must acquire by to”cover the spread”
Cost — The odds or point spread.
Prop (Proposition) Bet — A bet that concentrates on the outcome of events inside a specified game. Props are usually offered on marquee matches of great interest. These include high profile college or pro soccer games. An illustration of a prop bet is”Which team will score the first touchdown?”
Puck lineup — In hockey, a spread used instead of the cash line.
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FOOTBALL
The most elementary approach to wager on football is a straight bet on the point spread. When creating a straight bet, the team the player bets must pay for the point spread. This means that the team needs to win with a predetermined variety of things, or the underdog will receive that number of things. Wagers on the point spread are usually offered at 11 to 10 chances. This means that the bettor must”lay” $11 for every $10 that he wants to win. As a result of this, when setting a point spread wager, it is customary to wager in $11 increments ($22, $55, $110, $550, etc.)
EXAMPLE:
TIME BET# TEAM LINE TOTAL MONEY
1.00pm 101 Washington 42 +140
102 Philadelphia -3 -160
The point spread on the digital display boards and wagering sheets is always listed near the favorite. The home team is always listed on the floor, unless otherwise defined.
In the example, Philadelphia (-3) is favored by 3 points. Philadelphia must win the match by more than three points for the player to win his bet on Philadelphia. If the player bets Washington (+3), Washington has to win the game outright or lose by 2 points or less for the participant to win. If Philadelphia wins by just three points, it is considered a tie or”push” for wagering purposes, and all right bets on the point spread are refunded.
The number near the point spread (42) is the total for the game (also referred to as over/under). The player can bet the last score will be more or less than this number. All points scored in overtime are counted in the final score. Like the point spread, the player wagers $11 for every $10 that he wants to win or multiples thereof, unless stated differently. By way of instance, the player would put $55 to win $50 or $110 to win $100, etc..
NOTE: Point spreads fluctuate, but in sports betting the odds when the wager is put are”fixed.” The listed point spread at the time of the bet, which can be printed on the ticket, may be different than the opening or closing point spread of the game and the odds appearing on the wagering sheets and display screens.
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