As more states legalize sports betting, more people will inevitably be attracted to sports betting. If you are a beginner, the sports bettor’s odds board may look utterly awkward in the mobile app.
Let’s talk about the basic terms you need to know when you play online casino Malaysia. In addition, we will use this term to explain how to read what is displayed on the odds board and how to apply this knowledge to betting.
Rotation numbers are commonly used in personal sports betting. The bettor will provide these numbers so they can easily see the bet when approaching the cashier.
Betting on point spreads is the most common type of sports betting. Point spreads are a handicap to equalize the odds between the two teams. Favorites always have a minus sign, but the plus sign can identify the weak. There is no plus sign associated with the point span. However, since 8 points back the cowboys, it can be concluded that the chief is vulnerable and therefore “gets +8”.
Vigs are Everywhere
Every bet has a vig, including money lines, point spreads, and over/under. The odds board did not show vig in scoring or over/under. The standard vig for these bets is -110. This means bettors betting on Cowboys-8 or Chiefs +8 will have to bet $ 110 to win $ 100. The same vig applies to both over/under.
Like point spreads, the weak have a plus, while moneyline favorites can be identified by a minus sign next to the number. Moneyline bets are simple bets on who wins the game, regardless of the winning margin. If you bet the chief’s moneyline with odds of +300, a $ 100 bet will bring you a profit of $ 300. The payouts are so high because they were initially considered an 8-point underdog. Therefore, they are unlikely to win directly. Money line odds and point spreads are usually closely related. The more points a team likes, the higher the team’s moneyline.
Over/under is also called “total” in sports betting. Over / Under is not betting on how much the team will win or lose. Instead, over/under bets on the number of points scored.
Those who bet above 42.5 believe the combined cowboys and chiefs score is above 42.5. Those who bet below 42.5 think the two teams will score less than 42.5. Note that there can be no “push” on this line, as half of the points cannot be scored.