Identify the type of line you are taking a look at. All online sports books give you the opportunity to have your traces in an”American” or”Money line” version. I’d use this as my regular, if I were you. An”American” line utilizes either a + or before a number to indicate chances. So a -120 plus also a +120 are two quite different odds on a team… I will explain the differences soon. Two other less frequent variations exist: decimal odds and fractional chances.
–Fractional odds are found in racing. A 10/1 payout should be read”$10 paid for each $1 wagered.” When the bigger number is on the left, you will find that wager is generally an underdog in the race. Also note, however, that if such as”Who will win the Super Bowl in the NFL?” You may see all of the groups listed as”underdogs”… i.e. paying 2/1 (some up to 300/1 or more).
Identify your preferred. Lines with a – before the number (i.e. -200) indicate the favorite. A -200 ought to be read as:”For every $200 wagered, I win $100.” Whenever there is a negative signal, the line should always be read with relation to 100. That doesn’t mean you have to bet that far, it’s just easiest to understand! When a + sign is current, just reverse the reading, constantly in reference to 100:
1) -150: For every $150 wagered, I win $100 ($50 wagered will win $25).
2) +300: For every $100 wagered, I win $300 ($50 wagered would acquire $150).
3) 100 (can be +/): For every $100 wagered, I win $100 ($50 wagered will win $50).
4) Most commonly: -110: For every $110 wagered, I win $100.
You see”4″ most commonly because the extra $10 you need to wager to win $100 is known as the”juice” that the books maintain as a fee for making the lineup that is available to you.
The most important thing you can teach yourself early on is:”Only because the books assign one side to be the favorite (even big, -200 or even -300, favorites), doesn’t mean that they will win.” We’ve got all seen favorites get upset, and it is crucial to avoid the temptation of finding comfort in the fact that the lines makers put one team as a favored.
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