Archive for the ‘Sports Betting Odds’ Category

Sports Betting Rules

Betting is done through Sportsbooks (US) or Bookmakers (UK) entities that accept bets. You can bet on the outcome of several sporting events, such as; Baseball betting, Basketball betting, Football betting, Tennis betting, Hockey betting, Snooker and Soccer betting games. To place a sport bet, you go to a sportsbook, physical or online. You could also bet over the phone with many sportsbooks. Note that a sports book or sportsbook is not the same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the sports betting odds. You need to state what you are betting on by making a selection, the type of bet and the amount you are wagering. Your selection will obviously depend on the odds offered, so you will want to examine the range of odds available before you make a decision. There are many types of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a list of the more common types of bets. Straight bet or Single. This is the simplest and most common bet. You bet on a winner at given odds. Point Spread. This bet lets you bet on a winner from two selections who have been made equal by allocating appropriate points to the underdog team. The Point Spread is the number of points allocated and is shown with a + sign for the favorite and a – sign for the underdog. The favorite has to win by more than the Point Spread for you to win; otherwise you lose your bet even if the team wins. Inversely, if you bet for the underdog, that team has to lose by less than the Point Spread for you to win. If the favorite wins by the exact Point Spread, then it is a push or a tie. You get your bet back. To eliminate a tie result, the oddsmakers sometimes include a half point spread. Since scores use full numbers only, one team has to win outright. Buy Points. Also, to buy Key Points. Move the Point Spread favorably at a price. The Money line. This establishes the odds for each team but inversely proportional to what would have been a Point Spread, and is indicated by a + for the underdog and a – sign for the favorite. Say team A is favorite and quoted at -180 and B is the underdog at + 120. The bets offered would be 10:18 odds-on for the favorite, and 12:10 for the underdog. For every $180 you bet on A you would win $100 or lose $180, but for every $100 you bet on B you would win $120 or lose $100. Total. A bet for the number of points scored in the game by both teams combined, including points scored in overtime. Over/Under. A bet that the combined number of points free sports scores by the two teams in the game will be Over or Under the total set by the oddsmaker. Parlay or Accumulator. A multiple bet. A kind of ‘let-it-ride’ bet. Making simultaneous selections on two or more games with the intent of pressing the winnings of the first win on the bet of the following game selected, and so on. All the selections made must win for you to win the parlay. If a game is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; a double parlay becomes a straight bet, a triple parlay becomes a double. A parlay bet can yield huge dividends if won. Teaser. It is like a parlay, but with the option to add or subtract points (called ‘moving the line’) from one or more Spread bets. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. The odds vary according to the number of points the spread is moved and the number of teams combined to form the teaser. As in the parlay, all selections must win for the teaser to win. Teasers odds are usually worse than the parlays. If-wager. A bet that allows the bettor to make a second wager, up to an equal amount, pending a win on the first selection. Open Wager. Open wagers allow the bettor to play teasers or parlays making a selection at different times and even different days. Future. A bet on a future event. At the start of each season, the sportsbooks give out odds for teams to win a certain championship. The odds change as the game date approaches and in most cases get shorter, but if you win you get paid at the original odds that you took. This is possibly one of the most profitable bets if you have considerable knowledge of the sport that you are betting on including the players, and a good sense of judgment. Exotic Bets. Betting on unusual events. Some sportsbooks post odds and take bets on a wide variety of other sports related events and activities. A few others will take bets on just about anything you can think of. Proposition Bet or Prop Bet. An offer of bets at odds and conditions chosen by the sports book, usually on ‘Exotic’ bets.

Why You Should Seek the Services of a Trustworthy Sports Betting Website

Online betting is extremely appealing to sports betting fanatics, as it combines convenience with the fun and excitement of sporting events and also enables people to transform their passion into a lucrative activity. Whether it is football, basketball, baseball, soccer or horse racing, online sports betting takes sports entertainment to the next level and helps bring it right in the comfort and privacy of your own home. However, considering online sports betting is not all about the fun but also about making a profit, to increase your chances of winning you need to dedicate yourself to ongoing research and always come up with well-informed wager decisions. Make sure you check out game reviews, do trend analyses, review match ups and closely monitor sports betting odds and available lines to improve your chances to succeed. All these onerous tasks may sometimes be simply too much to handle for the regular sports bettor, and when this happens, it is probably time to seek the services of a reputable online sports betting resource. The primary advantage of turning to a reliable sports betting site lies in the abundance of valuable and regularly updated information you will have access to. Therefore, whether you are looking for football scores, baseball scores, or basketball scores, the latest sports betting lines and game odds, or the latest tips and gossips surrounding existing sports wager options, the right sports betting online resource is guaranteed to deliver all this in a professional manner and help you maximize your chances of winning. Most competitive sports betting online resources primarily act as a comprehensive sporting event database designed to help sports betting enthusiasts identify the winning picks and fully leverage their potential. Such resources provide access to the latest football scores, baseball scores, or basketball scores, and are the perfect way to keep track of the form shown by a particular team or athlete during the season. Added with some constructive handicapping information, all this can rapidly translate into more substantial wager prizes. When you find the right sports betting resources where you can check the latest football scores, baseball scores, or basketball scores, and turn to for handicapping advice, team reviews, articles and other useful information, you get a significant advantage over the sports betting line and odds. However, it is important to polish your overall approach to sports betting to make sue you cash in the big prizes out there. You can start by creating a money management plan and respecting it rigorously, to avoid risking too much of the profit that you worked hard to achieve. Furthermore, be consistent about the way you pick your sports betting options, stick to the winning strategies and learn from your mistakes to perfect your playing style.

Finding Sports Betting Calculators Online

An important secret, so to speak, when trying to win while betting, is to evaluate the odds. But how do we go about this? Well simply put, we use calculators! The odds are the figures from which the bettors base their bets. In other words, if the Steelers have a losing streak or they are prone to losing, then the bettor will take this into account, and probably bet against them rather than for them.

The figures are formed by the odd makers by examining all past performances of the teams to come up with a suitable conclusion that can be represented of the weaknesses and strengths of each team. If you wanted to calculate the odds, then you might be in need of a sport betting calculator. Most all professional bettors use these calculations for their betting activities that they are involved in. They use this type of tool knowing that with a betting calculator in hand, their chances of winning are within their reach. Below, I have listed a few sites online where you can find these calculators.

5 Star Shareware – The Sports Betting Calculator 4.01

This calculator enables you to quickly calculate amounts to bet on sporting events given the starting prices. One of the leading secrets of successful betting is to consider and evaluate all the odds. This program will provide you with optimal amounts to bet on a series of bets in a sport event such as cricket, tennis, and races. The program will calculate for a given amount of base units, a set return, a set profit or total outlay. You can evaluate betting on several runners in an event and plan to win a certain amount.

Soft 82 – Sports Betting Odds Conversion Calculator 1.0.0.1

Odds conversion calculator will convert sports betting odds into the UK, European, and American odds. While a good number of online sports books these days allow patrons to change the format that odds are presented in; not all do, and there’s still circumstances in which you will need to crunch the numbers yourself. Our simple odds conversion tool spares you from having to do the math; just enter in your odds in their original format, press convert, and get the numbers in all three major formats – the UK (fractional) odds, European (decimal) odds, and American (+/-) style.

Brothersoft – Sports Betting Calculator Lite 3.2

A program to quickly calculate amounts to bet on sporting events given the starting prices. One of the leading secrets of successful betting is to consider and evaluate all the odds. This application will provide the user optimal amounts to bet on a series of bets in a sporting event. Such as Cricket, Tennis, Races. It will calculate for a given amount of base units, a set return, a set profit or total outlay. You can evaluate betting on several runners in an event and plan to win a certain amount.

And just as a little extra treat, I also found a really nice program you can download that will manage your sport book either as a bookie or as a gambler to track your wagers, download betting lines, and get final scores in real-time through an easy to access online sports book.

The Payouts page allows you to view your wager results, determine which leagues/wagers are your money-makers, and track payments to and from the bookmaker and player. In addition, you can create any type of event to bet on — from boxing, to the election, to Survivor. Your imagination is the only limit. You can even create your own custom teasers & parlays. In addition, Ultimate Sports Book Manager allows you to incorporate a season package into your sport book.

And lastly, there are several different calculators available online such as the ones listed above plus other ones like parlays, the ones listed above can be downloaded. However, you will also find sites where the interface is on the site, so no downloading needed. It really just depends on what you want and what your looking for. The downloads are good because they will most likely allow more options than the interfaces such as saving scores, points, bets, wagers, etc.