in gambling, you can bet for the winner, but most of the time, you bet who will beat the spread. The spread is the difference in points between the two teams, when the game is over. It can be showed in many ways.
The spread is the what oddsmakers come up with to determine the winner, and margin of victory of a game.
Jacksonville (+1) vs. Dallas (-1) This means Dallas is favored to win by one point, and Jacksonville is the underdog, by one point. If you were to bet for Dallas, the Cowboys would have to beat the Jaguars by a full two points, for you to win. If they won by one point, like the spread says, that bet would be a tie, or a "push" as they call it, in the business. If the Jaguars tie, or win, you would lose. If you were betting on the Jaguars, you would win if they won or tied, and would lose if the Cowboys won by 2 or more points. Like before, it would be a tie if the score came out exactly as they predicted it: Cowboys win by 1.
"The Line" might also be written "Jacksonville +1 @ Dallas" or if the Jaguars were the home team, "Dallas -1 @ Jacksonville"
If one team is minus, then the other team is plus of the same number, so really you only need to see one of the numbers, to know the other.
Over/Under means the oddsmakers picked the most likely total combined score of both teams.
Jaguars vs. Dallas o/u = 37. Here, you can bet on either "over" or "under". Over, is if the two scores added up at the end, total to over 37. Under is if when you add them together, they're less than 37. If the total is 37, it's a tie, or "push" again.
When you look at this for the first time, it can seem like this is easy. Either bet (against the spread, or over/under) has a 50/50 chance of winning. You would think over the course of betting, you would break even (not lose money, like gamblers are notorious for.) Here's where they get you: most sportsbooks take bets that are 11/10. This means to win $10, you have to put down $11. So if you wanted to win $100, you'd have to put down $110, plus win the bet. If you only put down $100, for example, they would only pay you $92, if you won. So there's the trick. Even if you win, you're still paying a little bit.
Odds are made by experts at the sportsbook. That's their whole job is to figure out the spread. After it's posted for the first time, if it's a little off, they will correct it. The reason they know if it's off or not, is if more people are betting on one side, than the other side.
Another kind of bet you might see, in baseball, especially, is a line that might look like this.
Indians (+110)
vs. Yankees (-110)
Like the spreads, the negative number means the Yankees are the favorite. What this line means is if you want to win $100 you have to bet $110 on the Yankees, and they have to win. If you think the Indians will win, if you bet $100, you will win $110. Basically, the positive number means you win that much, if you PUT DOWN $100. The negative number means you have to put that much up to WIN $100.
2006-09-10 08:06:45
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answer #1
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answered by Paul 7
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2016-05-01 03:13:31
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answer #5
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answered by ? 3
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2014-08-29 10:03:19
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answer #8
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answered by Anonymous
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