Straight bets can be explaining as most common sports bets. When
you place a straight bet, you just simply to pick the team that will win the
game. But of course you'll also need to consider the point spread or money
line.
The oddsmaker will sets a point spread for football, basketball
and hockey games. The point spread is the number of points that the favored
team is expected to win by. For example, say the Liverpool is favored to beat
the Arsenal by a point spread of 5. That means that if you pick the Liverpool
to win, they have to win by more than 5 points for you to win your bet.
If the team win by fewer than 5 points or lose the game, you will
lose your bet. If they win by exactly 5 points (the point spread), the result
is a push or tie. That means that you don't win or lose your original bet is
refunded.
The favorite is always indicated by a minus sign and the
underdog by a plus sign. For betting purposes, the result of the game is
determined by taking the actual score and subtracting points from the
favorite's score or adding points to the underdog's score. In our example, we
could say that the Liverpool is -5 or that the Clippers are +5. In other
words, we subtract 5 points from the Liverpool final score or add 5 to the
Clippers score to determine the winner.
If the teams are evenly matched and there is no spread, the
sportsbook will display PK or PICK, which means the spread, is zero.
Sometimes the points spread is not an even number but a half
point - 5 ½, for example. By setting the spread at a half point, the
oddsmakers ensure there will not be a push because a team can't actually win
a game by 5 ½ points.
So, a favorite can win the game but lose it for betting purposes
and an underdog can lose the game but win it for betting purposes. If you
wager on an underdog, your selection can lose the game and you still can win
if they do not lose by more than the point spread.
Straight bets pay $100 for every $110 wagered.
All selections must be played on the scheduled date or there is no
action on these selections. Make-up games or games that have been rescheduled
will have no action
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Sunday 16 March 2014
Straight bets and the point spread
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