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Sportsbetting - Spreads, Totals and Money Lines
by The Sports Girl
When you go to a sportsbook there are 3 main types of
bets you can place: Spreads, Totals (or Over/Unders) and Money Lines.
Below is an explanation of how each of them works.
Spreads
Spreads are the most popular form of sportsbetting
there is. In Spreads, one team will be the favorite and one the underdog
and the spread will be the amount of points the favorite has to win by
to win the bet. For example, if Miami is playing New England and they
are favored by 10.5 points, they must win by more than 10.5 points for
you to win the bet. If you bet on Miami, the underdog, you win as long
as they don't lose by more than 10.5 points. Basically, you are adding
10.5 points to the underdogs score at the end of the game. It's that
simple.
For Spreads, you bet roughly $1.10 to win $1.00,
depending on the sportsbook. It doesn't matter whether you pick the
favorite or the underdog, you still get the same payout if you win.
Totals (Over/Unders)
Totals are based upon the combined score of both
teams and it doesn't matter who wins. All you do is bet on whether you
think the combined score will be above or below a certain level. For
example, in basketball the over/under for a game may be 180. If you bet
that the score would be over 180 and the teams combined for 181 points,
then you would win. If it ends up as a tie, 180 in this case, all money
is returned to the players. If it is below 180, then you would lose.
As with Spreads, you bet $1.10 to win $1.00 no matter
which side you choose.
Money Lines
They aren't as popular as the first two but they are
the easiest to understand. All you do is bet on which team you think
will win. The amount of money you win is based on how big a favorite or
underdog your team is. If they are a big favorite you might only win $15
on a $100 bet. But, if they are a big underdog you could win several
hundred dollars. It should be noted that many sportsbooks don't give you
Money Lines on all sports so you may have to look around to find them.
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