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In the world of sports betting, understanding betting odds is crucial. A classic example is a football matchup between Chicago and Dallas. The first column shows the teams and game date, with the visiting team listed above the home team. The second column displays the point spread, with a minus sign indicating the favorite and a plus sign indicating the underdog.
For instance, a minus 6.5 score means Chicago is the six and a half point favorite, while a plus 6.5 score means Dallas is the underdog. Odds or “juice” are also important, with a minus sign indicating the amount you risk to win $100, and a plus sign indicating the amount you win if you risk $100.
In addition to point spreads, the sportsbook offers a total line, with options for the over and under. The total line odds work similarly to point spread odds, with a minus 120 score signifying that you risk $120 to win $100 on the over or $100 to win $100 on the under. Finally, the money line gives you a simple option to bet on the winner, with a minus sign indicating the favorite and a plus sign indicating the underdog.
This format applies to other sports like basketball, baseball, and hockey, with the addition of the run line and puck line. For soccer, goal lines and split goal lines are used, along with a three-way money line for tied matches. To learn more, check out our comprehensive guides at sportsbetting3.com, or watch our point spread, total, and moneyline tutorials. Remember to like and share this video with your friends!
Learn how to read sports betting odds. Our tutorial explains football, basketball, baseball, hockey, and soccer odds in simple …
Learn how to read sports betting odds. Our tutorial explains football, basketball, baseball, hockey, and soccer odds in simple …