American Sports Betting Explained: Understanding Odds
Sports betting can be a bit intimidating if you're trying to bet on sports played in a foreign country. However, one of the best opportunities to profit from sports betting is to place bets on American sporting events. Now that the United States has passed laws making it even more difficult for Americans to place bets on sporting events in their own country, there will be even more opportunities for astute gamblers to win big money betting on sports. Why? Because sports betting is a competition among the people who participate in it. The sports books set the point spreads based on how people are betting, not necessarily on who they think will win the game. This creates an opportunity for the "smart money" gamblers to place high percentage bets, and to win lots of money! But before you can hope to do this, there are three important things you need to understand about American Sports Betting: 1. You Must Understand The Betting Odds Let's just stick with American Football. The way most people bet these football games is by using the pointspread, also known as the "line" or simply as the "spread." Here's how this works. Say the Pittsburgh Steelers are playing the Cleveland Browns and everybody expects the Steelers to win easily. The sports books will put a "line" on the game to try to get an equal amount of money bet on both teams. They might say the line is Pittsburgh -7. This means that if you bet on Pittsburgh, you have to "give" the Browns 7 points. You win your bet if Pittsburgh wins by more than 7 points. If Pittsburgh wins by exactly 7 points, it's called a push, and you get your bet back. 2. There Are Also "Money Line" Betting Odds In addition to the point spread, you must also be aware that there is a "money line" with each game. There are only two types of money lines -one when you bet on the favorite, and the other when you bet on the underdog. These money lines work differently. When you bet on the favorite, the money line shows how much money you have to bet to come out ahead by $100. If the money line is -110, that means you have to bet $110 and if you win, you get your $110 back PLUS your $100 winnings. In other words, when you see -110 that shows the amount you are risking to win $100. When you're betting on the underdog, the money line works differently. For example, you might see a money line at +135. When you see a + sign in front of the number, that means that this bet is on the underdog. What this represents is the amount of money you win if you bet $100. For example, if the money line is +135 that means if you bet $100 and you win your bet, you get your $100 back, PLUS your $135 winnings. 3. Even With Point Spread Bets, There Are Still Money Line Odds Typically when you make a bet using the point spread, the money line is -110. What this means is that whether you take the team getting points, or the team giving points, you still need to bet $110 just to win $100. For example, if the Steelers are -7 and you bet on them, you bet $110 that the Steelers will win by more than 7 points, and if you're right, you get your $110 back, PLUS you're $100 winnings. David James is one of the world's foremost sports handicappers. Not only does James have an uncanny knack for knowing who to bet on, but he also is one of the best at providing in depth explanations and statistics showing exactly why each pick meets his criteria. Click on this link if you would like to learn how to be successful at Sports Betting |
Other Basketball Betting Articles
The Traditional American Game Like life in traditional society, but unlike football and basketball, the other two major American team sports, baseball is not governed by the clock and amazes many foreigners that it is the "national sport" in a fast-paced United States. Being a very popular team sport, apart from North America also in Latin America, the Caribbean and East Asi ...NBA Basketball Games: Dec. 18 - 20, 2005 Sunday (12/18) Best: T’Wolves @ Mavericks: Garnett and Nowitzki are as always the showcases of this match-up. If either Dallas or Minnesota wants success in June, they’ll need help from the supporting cast. Josh Howard is back for Dallas, as is Troy Hudson for Minnesota. Szczerbiak is the T’Wolves #2 man, but Dallas has an enigma ...Online Casino Craps All top-rated casinos offer the game of Craps in its classic version as well as a specially designed web version. The newer versions of the game commonly played are: Private Craps, Money Craps, Bank Craps, Scarney Craps and New York Craps.The preference for a particular Online Craps may depend upon the choice of the players to play just f ...Beware of So-Called Baccarat Strategy Card Counting is one of those phony ideas published in baccarat strategy books. Card counting is most often associated with the game of blackjack - and is very effected, used correctly in the right casino. It could also seem to be of real worth in baccarat as the game does work off a comparable shoe. The issue that causes the problem is that ...#33 UCLA Bruins Preview Spring practices are in the books and fall camps will be here before you know it so that means getting an early jump on the 2006 NCAA football season. Knowing the teams now will save you time in August and Matt Fargo is here to help you get a grasp of what to expect this upcoming year. We go from worst to first in this 2006 College Football Prev ...Hating To Lose As a Home Underdog Home field advantage may not be much in baseball but it does exist. With proper motivation and one-sided betting action on the road team, value can be had betting on home teams.We all heard the saying that it is tough to sweep a home team. Checking how home teams did in the third game of a series after losing the first two games, we see t ...Taking Interleague Road Underdogs Against Slumping Home Teams When a team's offense is struggling, you will lose will almost any pitcher. Just ask Roger Clemens in 2005 if he would have liked more run support. There's a very simple yet rare system in play going against sputtering offensive teams that gives our team about 20 points of value.It is very easy for Vegas to adjust the odds against poor ...The Fall Of The House Of Hurricane Pity Larry Coker.At this point, there's really nothing he can do. Miami (FL) is out of the top-25 for the first time in a bazillion years (okay, since 1999). The 'Canes lost a lackluster home game against a not-very-good Florida State team, then went on the road two weeks ago and got their asses flossed by a very good Louisville team that ...Gaming Winners Before you plan a trip to Las Vegas or Atlantic City or going on a cruise with legalized Gambling, certain things you must know of, and the most important one being How To Win. Gamble is all about taking a calculated risk, using your skills combined with a strategy and finally one thing that all of us want, Luck.The first and the foremost ...How to Play Pai Gow If you like poker, you’ll love learning how to play Pai Gow. Pai Gow poker is a variation of seven-card stud, based on a Chinese game of the same name played with dominoes. Learning how to play Pai Gow poker is a bit more challenging than other poker variations, but Pai Gow is a lot of fun and can pay off big at the casinos. You can learn how to ...FSU/NC State Thursday Night ACC Action Florida State enters Thursday night’s game already behind three teams in the Atlantic Coast Conference and the Seminoles will have to conquer the road if they want to get back in the division hunt as they will play three of their next four games away from Tallahassee.At the beginning of the season, many experts would have counted out the ...Payment Methods Explained for Online Casinos Depositing funds into your online casino account is one of the most important aspects of playing at an online casino. With so many different options out there, how do you know which one is best? And which method is most suitable for you? This article will review each method in turn so that next time you deposit at an online casino you will be ch ...Let It Ride Poker - Tips To Hit a Huge Jackpot Quickly! Let it Ride Poker is easy to learn and it’s fun to play. What attracts players to Let it Ride Poker is the thrill and excitement of letting bets ride and winning a huge pot quickly!If you are new to let it ride poker here are the basic rules and some tips to win.Let it Ride Poker – Objective of the gameThe object of the game ...#11 Florida St. Seminoles Preview Fall camps are under way and the regular season will be here soon so that means getting an early jump on the 2006 NCAA football season. Knowing the teams now will save you time and Matt Fargo is here to help you get a grasp of what to expect this upcoming year. We go from worst to first in this 2006 College Football Preview.#11 – Florida ...New Mexico Casinos New Mexico joined the union in 1912 as the forty-seventh state. The capital of this southwestern state is Santa Fe. Located near Arizona, Colorado and Texas, New Mexico features a population of over 1,800,000 and is best known for its vast outdoor resources, rich Western heritage and Native American culture. New Mexico has everything from volcan ...Monte Carlo Gambling The foundation stone for the first casino of Monaco was laid down when Prince Charles III allowed a joint stock Company to build a casino in his empire, in 1856. Now, one of the most elegant casinos of Monte Carlo is Casino de Monte-Carlo. This magnificent structure was added to Monte Carlo in 1878. It was designed by Charles Garnier who is also ...Online Poker: The Beginnings One of the most rapidly growing games on the internet is poker. Online poker is being viewed by many as not only a way to have fun, but also a way to make some serious money. More and more, people are relying on online poker to provide them with a steady source of income. And this is not a gesture made in vain, there are a lot of websites tha ...Why You Should Consider Online Gambling During the last few years, online gambling has grown into one of the largest and most successful business in the world. As technology advances and becomes more efficient and user friendly the benefits to online gambling are becoming more evident. Consider just a few of the advantages of online gambling and see why you should consider gambling on ...Number 67 Stanford Cardinal Preview Spring practices are in the books and fall camps will be here before you know it so that means getting an early jump on the 2006 NCAA football season. Knowing the teams now will save you time in August and Matt Fargo is here to help you get a grasp of what to expect this upcoming year. We go from worst to first in this 2006 College Football Prev ...Online Poker Tips Playing poker online has become more popular with recent media exposure and shows like Celebrity Poker that are showing often on TV. If you are taking the step to begin playing poker online then there are some online poker tips you need to remember. Some online poker tips you should remember include always being polite online, following any rule ...Play Omaha Poker Poker fans everywhere are looking for fun new poker games to try their hand at. One game that is growing more and more common is Omaha poker. While Omaha poker has been around for some time, it has lately been overshadowed by the ever popular hold em games. If you are one of the players who likes to play Omaha poker, or just someone looking for ...Casino Junkets If you want to be treated like a high roller and can travel within two weeks of the time a casino junket announces their departure from your city, then you need to enjoy a great trip and take advantage of the casino junket system!In its simplest terms, a junket is a cheap or free trip to a casino or similar establishment on the guarantee ...Best Sportsbook The interest in sports betting continues to grow, but many people still don’t know very much about it. They may know how to place a bet, but don’t know where to find the information that helps them to make the best decisions. On the other hand there are bettors who do their betting with a sportsbook and have that information at their fingertips. ...Alabama Casinos Alabama is a southern state located in “the Heart of Dixie”, with a rich history dating back to the Civil War. It is known for its Magnolia trees, lush gardens, grand old historic homes, and southern hospitality. Alabama, with a population of over 4,500,000, is adjacent to Georgia, Mississippi, and Florida. The capital of Alabama is Montgomery, ...Daily Basketball Analysis: 1/12/06 Kobe Bryant Versus Lebron James Best: Cavaliers @ Lakers: Is LeBron the next Jordan? He has to be better than Kobe to be better than MJ (and of course Kobe isn’t Jordan either). The big difference between Kobe and LeBron is that James does the stand-around-but-get-rebounds-anyway defense that T-Mac does. James should Scottie Pippens defense to see how a free-flowing SF ...Poker Psychology - The Secret Of Winning Big Poker psychology is important because it separates average players from truly the great ones.The person, who wins big simpy has a better psychology than his or her opponents and getting it right can make you huge money.In poker (unlike other casino games) you don’t have to have the best hand to win, all you need to do is make peopl ...NBA Basketball Betting 2/3/06 - Timberwolves Looking to Get Better After Trade Best: Pistons @ 76ers: Willie Greene missed 1 of 2 free-throws in playoff game vs. Detroit last year that could have given them the win. In return Phili gave him a mondo contract. And since Greene hasn’t played since with a season-ending injury. There’s some irony there in a cosmic way, since Philadelphia hasn’t improved on their #7 seed ...Free Online Games Offer Great Entertainment Value You turn on the television and all you find are reruns. There are no new movies playing at your local theater, and you've read every magazine in the house. You've played and beaten every video game in your collection. You're looking for entertainment - something to pass the time - but don't know where to turn. It may just be time to power up ...Affiliate Marketing Directory Affiliate marketing is probably the easiest way to make money on the Internet. You simply sign up with a company that offers affiliate marketing to help sell its products or services. You don’t have to buy any products yourself, and you just place ads for the company on the website and/or in your e-mails. These ads contain links to the company’s ...How to Read and Understand Money Lines A money line is used to equal out the favorite and underdog attractiveness of a sport for a person who will be placing a bet. Money lines are different from point spreads because they are often used in individual sports like boxing and auto racing where there is no way to measure a player’s wins and losses. The money line is often set so the mos ...Sports Betting 101- How to Bet on NBA Basketball Basketball can be one of the tougher sports to handicap for novices, most believe that teams will perform the same (good or bad) in each outing because there are no weather concerns like those that exist in football, while it is indeed true that each basketball contest takes place indoors, most fail to realize how hard it is to play a sting of b ...The World Series of Poker When you mention casinos the first thought that goes through your mind is poker. Poker is the one of the most popular casino card games. Mention casino poker and the World Series of Poker (WSOP) jumps right out. What are the stakes and who are the players of these high profile casino poker games?The world series of poker started in 1971 a ...Toronto Blue Jays 2006 Betting Preview With all the talk about the Yankees and Redsox once again duking it out in the AL East, the Toronto Blue Jays could be the sleeper led by arguable the best pitcher in baseball, ace Roy Halladay. Halladay was well on his way to his second Cy Young Award last season before taking a season-ending line drive off the leg, which sent him to the ground ...
|
