Legislative Tracker: Sports Betting
Point spreads will also have moneyline odds attached. Just like in a moneyline bet, this number indicates what the payout will be in the case of a win.
For example, the spread and odds for Team B might be This means that Team B is favored to win by more than That means that you are looking at whether the combined score of both sides will go over or under a set number.
For example, the sportsbook might set the total at 66 for a college football game. This means that they predict that the two teams will score a combined total of 66 points. You will then place a wager on whether the actual combined score will be over or under that amount. If you think that one or both teams has a particularly strong offense and it will be a high-scoring affair, you would bet over. If you think it will be a defensive struggle, ending in very low scores on both or either side, then you would bet under.
If the final score is something like , then the combined score would be 84, meaning the game is an over. If the final score is something like , making the combined score 65, then it is an under. Sometimes, the combined scores will land right on the total. In our example, if the score ended up being something like , then the combined score would be 66, exactly the predicted total. This situation is called a push or a tie.
In these cases, no one wins the bet, and you would simply get your money back. To avoid these situations, sportsbooks will often set the total at a half number, like This way, if the final combined score was 66, it would be an under, and a 67 would be an over. While moneylines, point spreads, and totals generally focus on the short term and specific matches, futures are long-term betting odds.
They focus on events that will happen further down the line—in the future. There are some benefits and some risks associated with betting on futures.
If you win, you can earn a hefty payout. On the flip side, however, your money is locked up for a long period of time. During that time, a lot of things can go wrong. If you bet on a particular team to win the championship and one of their star players is injured, suddenly their prospects of winning do not look quite as good.
Sometimes, the team may just hit a slump partway through the season and lose a lot of valuable momentum. In this kind of bet, the odds are set at the beginning of the season, but they can go up or down as time goes on. Once you make your bet, however, it is locked in at whatever the odds were at the time you placed the bet.
This is why making a bet on a long shot early on can bring a potentially substantial payoff. Choosing exactly when to make this sort of bet is important. Futures betting can be applied to more than just national championships. In the traditional Thursday opener featuring the Super Bowl champions, the New England Patriots opened as 6-point home favorites over the Pittsburgh Steelers. Defending Super Bowl champions are straight-up in season openers since The Steelers, who will be without suspended running back Le'Veon Bell , are the largest underdogs on the Week 1 board.
The Packers have won nine of the last 10 meetings with the Bears. Chicago is one of seven home underdogs in the opening week. Louis Rams and Atlanta Falcons are home underdogs. In the Sunday prime-time game, the Dallas Cowboys are 5.
The Falcons are 1. Five games have totals of 50 or more. The San Francisco 49ers , who have experienced an offseason full of turnover, are 3. The Vikings may or may not have embattled star running back Adrian Peterson. The Seattle Seahawks are 3. Chiefs at Texans Browns at Jets -1, 41 , 1 p. Colts -3 even, 48 at Bills, 1 p. Saints at Cardinals