What does mean in sports betting? What is a negative money line? A negative money line is also considered as the favorite — or chalk pick — by the oddsmakers. Kind of ridiculous, right? April 26, From The Web Ads by Zergnet. Also see: Alabama vs. Share this article share. Most Popular. Email Sign up No, thanks. Never miss a great story Start every day with our most popular content waiting in your inbox.
An error has occured Please re-enter your email address. Thanks for signing up! Indiana passed a bill to allow sports betting in and wagering started in October with online betting opening a couple months later. When will sports betting be legal in Michigan? Michigan passed legislation to allow sports betting in December and the first physical sportsbooks opened March Is sports betting legal in Michigan?
Michigan passed legislation to allow sports betting in December and the first physical sportsbooks opened in March Is sports betting legal in Virginia? Sports betting is legal in Virginia and residents began betting via FanDuel in January When will sports betting be legal in Virginia? When will sports betting be legal in South Dakota? Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November election, which means it's on its way.
Is sports betting legal in South Dakota? Sports betting is not legal in South Dakota, but residents passed a bill initiative in the election. Is sports betting legal in North Carolina? Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early When will sports betting be legal in North Carolina? When will sports betting be legal in Tennessee? Tennessee sports betting was legalized in and launched in Is sports betting legal in Tennessee?
Is sports betting legal in Maryland? Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November election. When will sports betting be legal in Maryland? Is sports betting legal in Louisiana? Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years. When will sports betting be legal in Louisiana? Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years.
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In hockey , it is called a puck line. American Football and basketball games often use point spreads alongside money lines. This gives two ways to make a bet. The point spread shows how many points a team must win by or lose less than by for the ticket to get paid. For example, a favorite that has a Point spreads may be whole numbers or half points. A whole number can tie.
When that happens, all tickets push the same way that a player and dealer 20 would in blackjack. Half points eliminate the push possibility. Most point spreads require a lay using American odds. That same line is published as 1. American football spreads around 3 and 7 may vary from this number. For example, it is common to see a -3 favorite also require a or lay.
This is done because moving a number on or off of three is a major difference in American football. Alternative run line and puck lines will most often be plus or minus 1. This means that the favorite must win by two runs or goals. There is also a money or decimal line tied to the alternative line. If the underdog only loses by one, then that side wins these alternative lines. The side laying 1. That is because winning by two in baseball and hockey is extremely difficult. A very strong team would have to play a very weak one for the 1.
A total is the number of points scored in a match. In boxing , it means the total number of rounds a match goes. The points from both sides count in a total. There are alternative lines where the points of just one side count towards the number. Totals may push if they are on a whole number. A parlay is when a bettor buys a ticket that wins based on two or more outcomes. This can be money lines, point spreads, totals, alternative lines or a combination of all.
Plays that are correlated may not be placed on the same parlay card. For example, a money line bet on one team and taking the point spread on the same game is not permitted. A total with one of those is typically permitted. The house edge on parlays is well above 10 percent.
The more teams that are involved in a parlay, the higher the payout. Higher payouts also equal a higher house edge. Parlays are typically thought to be sucker bets because of the high juice charged by the sportsbook. All portions of a parlay ticket must win. Some parlay cards disclose that ties lose. Teasers are available in American football and basketball. A teaser includes two or more outcomes. The bettor receives points in his favor. Football teasers can be 6, 6. Basketball teasers are typically 4, 4.
A player that takes two three-point underdogs in a six-point teaser would move the line to nine for those teams. All parts of a teaser must win. A tie typically drops the number of plays on a card down by one. Some teaser cards force ties to lose. This will be disclosed on the card.
Pleasers are reverse teasers. This is where a player gives the house seven points in American football or five points in basketball. Two or more teams must be taken. For example, a team that is a seven-point favorite in American football would move to a fourteen-point favorite on a pleaser. This puts the player at a massive disadvantage but also gives the player huge payouts if the long shots hit.
Futures bets are when a player picks an eventual winner in a field. This may be the winner of a division, league, championship, golf event or tennis tournament. There is typically just one winner in a futures bet. The house edge on these bets is typically about 15 percent.
An in-play wager is when a player bets on an event that is already in progress. A bettor can enter the action during breaks in play, typically television timeouts. Bettors use this to get into action when late to a match or to hedge a bet. It can also be the number of points scored by a team. For major events like the Super Bowl, it can be as odd as the coin toss, halftime show performance, amount of money bet on the game, or statements made by the announcers.
The house edge of propositional bets is often double or triple that of a straight bet. This is due to the lower volume of action. Elections and entertainment bets are exotic wagers that are similar to futures bets. This is where a bettor picks a winner in a major election or popular reality television show. Virtual sports betting is a computer generated event with the winner decided by an algorithm. The bettor looking to make a straight bet on single events can see the prices for games on the board or on sheets provided by the sports desk.
A bettor should find the three- or four-digit number by the bet and tell that to the ticket writer along with the amount he would like to wager. This process is the same for in-play and futures bets. Parlays, teasers, pleasers and other exotic bets have a different procedure. There are often cards throughout the sportsbook.
These have the list of all the events available to put in a multiple-outcome ticket. These will be attached to a bubble form. A player uses a pencil to mark the sides he wants to choose for the ticket. The ticket writer simply puts this card into a machine that writes the card.
Whatever method of placing a bet your local shop uses, there is one very important part of the transaction. Always make sure that the ticket is correct before leaving the betting window. An incorrectly written ticket can only be fixed immediately after the transaction is made. Sports betting is easily accessible to players in most countries. The procedure for opening an account at an internet sportsbook varies by region.
The minimum age in most countries is Some countries, especially where sports betting is not regulated, require no such verification process. European players and those in many other countries outside the US can deposit funds without ever setting foot inside a betting shop. Nevada players have a different procedure.
A Nevada online and mobile sports bettor must make an account in a sportsbook. This requires a player to be at least 21 years of age. A valid photo ID is required. Anybody of age can create a Nevada sports account. A Nevada residency is not mandated. Once an account is created and funded, the process of making an online or mobile sports bet is simple. A player logs into his sports account with a username and password.
The next step is to choose a type of bet. The options online typically include straight, parlay, teaser, in-play or future. Some exotic bets like elections or entertainment may also be options, depending on the country where the wager originates. The next step is to choose sides within a sport. This is as simple as clicking the corresponding box within the app or website. A player then chooses how much to wager on this. A secondary window will confirm the wager. The app or website then ensures that a player is within the proper jurisdiction to make the wager.
Once that process is complete, the bet is booked. One convenience of online sportsbooks is the ability to make a deposit remotely. This eliminates the nuisance of having to visit a betting shop. Many online sportsbooks offer a wide variety of deposit methods. The options available depend on the country of the player. Some also permit bank transfers. Nevada sportsbooks often require a player to walk into the local shop to make a deposit.
William Hill offers two ways for players in Nevada to deposit without having to visit a sportsbook. There are more than 50 taverns with deposit kiosks. These operate in the same bars where Golden Gaming owns the slot route. William Hill also accepts PayNearMe. This is a cash transfer service similar to Western Union and MoneyGram.
Station Casinos has a prepaid debit card. This is a carryover from its failed online Ultimate Poker venture. Players may deposit by Visa, MasterCard, Discover or an electronic funds transfer , often referred to in the online gaming world as an eCheck. Credit card deposits will incur a cash advance fee.
Players outside the US may withdraw through any method available for deposits. Nevada players must go to a sportsbook to pick up winnings. This may make it worthwhile for these players to go to a sportsbook to pick up the cash, especially since a trip to a cash machine may be required.
A straight bet is where a player picks one side. It wins if that team either covers the point spread or wins outright, depending on whether a money line or point spread wager was made by the player. A money line is where a bettor picks a team or player to win a match outright.
A bettor either chooses the favorite and lays money or takes the underdog and receives more money than was wagered. A point spread is a handicap applied to a favorite. The team most likely to win lays points, while an underdog gains points.
The point spread hopes to find the most likely number that a favorite is predicted to win by in a team sport. Point spreads are often found in American football and basketball. Alternative lines in hockey and baseball use point spreads on 1. A parlay is a bet that includes two or more outcomes. The more teams picked, the higher the payout. All teams in a parlay must win. Ties will lower the payout by one team unless otherwise disclosed by the betting shop. A teaser is similar to a parlay.
Its payouts are lower because a bettor receives extra points to apply to each leg of the teaser. Michigan is known as a swing state and voters regularly elect officials from both major parties. Ford Museum. The Gerald R. Ford Presidential Library is at Ann Arbor on the campus of the University of Michigan, which has a huge following in the state. Michigan has had a lengthy relationship with gambling, with horse racing being legal since the s and and the state having a lottery since the s.
The online accessibility that became available in January is what is expected to take sports betting in Michigan to the next level. As long as you are 21 years of age or older, you can bet at any registered and certified sportsbook casino within the state of Michigan. Offshore and non-registered sports betting and online sportsbooks are illegal in Michigan. BetMGM is a renowned sportsbook casino in the U.
You can find an array of betting guides on Yahoo Sportsbook , as well as up to date odds offered by our partner, BetMGM! See all of our helpful odds guides below for the best tips and tricks and available lines as they become available.
Side: The side refers to the point spread. In that example, the Cowboys are a 7-point favorite and must win by more than 7 to win the bet. If the game ends with a 7-point Cowboys win, the bet is a push and you get your money back. Total: The total also generally has odds on each side. The sportsbook sets a line, such as Props are famously associated with Super Bowl betting. For the Super Bowl there are prop bets on many different things, like which player will score the first touchdown and even the color of the Gatorade dumped on the winning coach.
MLB odds guide : The betting lines for baseball games are typically different than football or basketball. You just need your team to win, but will find higher odds on better teams. You can bet the over or under on total runs scored by both teams. Another common bet is on the run line. That does incorporate a point spread, which is typically 1. Like all other sports, futures bets are quite popular in baseball. You can bet your favorite team to win the championship throughout the season, with odds changing as their fortunes rise or fall.
Another popular bet is win totals. Oddsmakers set a win total for each team, and you can bet on whether that team will go over or under that win total. NBA odds guide : The football and basketball betting line look very similar. In that example, the Bucks are the 4-point favorites, and have to win by 5 or more points to win the bet. The total combined points by both teams is set by the sportsbook, and bettors can choose to bet over or under the total. Those bets normally have odds.
The moneyline eliminates the point spread. Bettors just take a team to win straight up, and the odds change based on who is favored. A popular NBA bet is wagering on who will win the championship, and those odds are offered almost year-round. A 76ers fan who wants to bet Philadelphia to win the NBA Finals might get to-1 odds before the season. NHL odds guide : Hockey betting lines are similar to baseball. The most common wager is on the moneyline, in which bettors are picking a team to win straight up.
The sportsbook sets the total, for example 6. It is normally a 1. Bettors can make a wager on any team to win the Stanley Cup, and those odds are generally offered year-round. Similarly, no collegiate event, regardless of the participants, can accept bets if it takes place in the Garden State. Three types of odds are the most common:. With this example, bettors backing the underdog New Mexico State need the Aggies to win or keep the losing margin to 35 points or less.
Alabama would need to win by 36 or more points for Crimson Tide bettors to cash that wager. The sportsbook sets a line on combined points by both teams, and bettors can take over or under that point total. Moneyline: This bet removes the point spread, with corresponding odds for the favorite and underdog.
The most popular future bet is on the College Football Playoff national champion.
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Sports betting is legal in Virginia and residents began betting via FanDuel in January When will sports betting be legal in Virginia? When will sports betting be legal in South Dakota? Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November election, which means it's on its way. Is sports betting legal in South Dakota? Sports betting is not legal in South Dakota, but residents passed a bill initiative in the election. Is sports betting legal in North Carolina?
Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early When will sports betting be legal in North Carolina? When will sports betting be legal in Tennessee? Tennessee sports betting was legalized in and launched in Is sports betting legal in Tennessee? Is sports betting legal in Maryland? Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November election.
When will sports betting be legal in Maryland? Is sports betting legal in Louisiana? Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years. When will sports betting be legal in Louisiana? Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years. When will sports betting be legal in Iowa? Iowa legalized sports betting in May , becoming the 11th state to do so. Is sports betting legal in Iowa?
Iowa legalized sports betting in , becoming the 11th state to pass a bill. When will sports betting be legal in Illinois? Illinois passed sports betting legislature June and launched at physical sportsbooks March , becoming the 15th state to offer wagering. With Michigan legal sports betting activating, Michigan residents can begin placing legal, online Detroit Pistons bets as of Friday, January SportsbookWire covers the game in full with college football betting picks and predictions and below, we'll look at how to bet the National Championship between Alabama and Ohio State.
Alabama vs. Please enter an email address. Something went wrong. The legal sports betting world is changing. What does mean in sports betting? What is a negative money line? A negative money line is also considered as the favorite — or chalk pick — by the oddsmakers. Kind of ridiculous, right? April 26, From The Web Ads by Zergnet. Also see: Alabama vs.
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