betting 101

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I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people max bet on penny slots about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

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Betting 101

The legal minimum age, determined by state, is usually Navigate your screen to find the sport and game you wish to bet on. Click on your selection and enter the wager amount. The sportsbook will alert you to your potential payout. The amount of your bet will be deducted from your account balance. Winnings are automatically added to your account.

Whether wagering at a physical sportsbook or online, you will find a large selection of bets to choose from. These are the most common:. Moneyline: A wager on a team to win a game with odds set by the sportsbook. No point spreads involved. Learn More About Moneyline Betting. Spread betting: The most popular form of wagering, especially for pro and college football betting.

A team is favored by a specific number of points, set by the oddsmakers. Bettors choose the favorite or underdog with their respective odds. Learn More About Spread Betting. Parlays: As opposed to betting on a single game, a parlay bet is a wager on two or more games, all of which must win for the parlay to cash. Parlays range from as few as two teams to a dozen or more. The more teams in the parlay, the higher the odds and potential payoff.

Learn More About Parlay Betting. Teasers: Wagers in which a bettor can adjust the point spread in exchange for reduced odds. Usually used for parlays. The same 7-point adjustment is applied to all other games in the parlay. The reduced payout is determined by how many points are teased. Learn More About Teasers. Futures: A wager on a team or event to be determined in the future. Example of futures bets are wagering on a team to win the NCAA Tournament before or during the college basketball season, or betting on a player to win the Masters prior to the tournament teeing off.

Prop bets: A wager on something that may or may not occur in a specific game and may not affect the outcome or final score. Examples of prop bets: Which team will score first? Will there be a safety? How many home runs will be hit in a game? Learn More About Prop Betting. In-play wagering: Wagers placed after a game has started. Online sportsbooks use computer algorithms to set in-game wagering odds such as adjusted point spreads after one team or another has scored.

Be ready, the action moves quickly. Price and value matter when betting on sports. Comparing odds at different sportsbooks helps give bettors an edge. A one-point variance in the point spread could be the difference between winning and losing your wager. Note that once a wager is placed at a sports betting site, your odds and point spread are locked in.

Any line movement after that has no impact on your bet. Discover your risk tolerance and what kind of bettor you are. Are you happy with small wins or more inclined to place riskier bets with higher potential payoffs? Do you prefer betting the same amount on every game, or placing larger wagers on games in which you have a stronger opinion?

Many beginning bettors are more comfortable placing small single-game bets to preserve their bankroll. Others are more risk-averse and seek larger payoffs with parlay wagering. Remember that the quality of your selections is only one aspect of sports betting. How you wager and manage your bankroll are just as important. ATS: Against the spread. If a team is ATS, it has covered the point spread in all three games of the current season. Hedging: Betting the opposite side of your original wager to lessen risk.

Hook: The equivalent of half a point. A team that is a 7. A 7-point win means the underdog covers the spread. Off the board: When the sportsbook removes a game from its sports betting menu. This happens when the participation of a key player such as a starting quarterback comes into question, usually due to injury.

As part of effective money management, bettors can set a loss limit and stop wagering if and when that limit is reached. If you feel you have a sports betting problem, several local and national support groups are available, such as Gamblers Anonymous. Most states require online sportsbooks to include responsible gaming measures, such as setting deposit and wager limits, along with a self-exclusion option, in which bettors can ban themselves from wagering.

Wagering requirements must be met by betting on In-Play and Pre-match sportsbook markets. To activate this bonus, enter the bonus code TONY50 when depositing and wager your deposit 10 times on betting markets with odds of at least 1. Over-under bettors decide whether they think the total points scored in the game will be "over" greater than or "under" less than this figure. In this example, if the Seahawks and Eagles score a combined 51 points or more, bettors who took the Over win their bets.

If the two teams score a combined 49 points or less, Under bettors win. If the total points scored lands exactly on 50 it's a push and everyone gets their bets refunded. Like point spread bets, the juice on totals is unless otherwise noted. Bet on which team will win the game. Money line bets are all about predicting which team will win the game straight up no point spread involved. Money lines are the primary bet type for relatively low scoring team sports like baseball and hockey, and for head-to-head individual sports like MMA and tennis.

Here the Seahawks money line is Scale the figures up or down to the desired bet size. This baseball line looks similar to the football example, but the bet types are rearranged a bit, and the odds on the far right look like something new. From left to right, this baseball line includes rotation numbers, team names, the money line, the total, and the RUN LINE which is the baseball equivalent of a Point Spread.

These lines work exactly the same way as a point spread, but they usually have adjusted juice rather than the standard juice attached to most football and basketball point spreads. In other words the Dodgers must win by 2 or more runs. Bet on which of three or more possible outcomes will occur.

In order to cover all the primary bet types for the major sports we need to look at one more bet format: Fields. For bets with more than two competitors or possible outcomes, a Field or "Index" of potential results is presented as a list. Each outcome has a rotation number, a name or label, and the odds for that result. This format may be used to offer wagering on which of 4 teams will finish first in an NFL Division, which of 40 drivers will win a NASCAR race, which of golfers will win a golf tournament, etc.

We use money line notation for our fields. That covers the standard straight bets and how to read our odds. If you have any questions at all just ask at the sportsbook counter and we'll be happy to help! This page is provided for educational purposes only.


How to Select Bets. Click on any of the buttons in the betting module to select the bet you want to get started. The odds of selecting a team to win the event based on the strength of the matchup. Vegas Style Odds. Point Spread. A point spread is used to make the matchup between two unbalanced teams more even. Pregame Odds.

The odds available to bet before the event begins. Total Points. The odds of betting over or under the total number of points, runs, or goals scored by both teams. Next, let's walk through your different betting options:. Betting Here are the options for types of bets you can place. Click each of the buttons below for explanations on the different bet types. Odds Choose the odds you have been given or would like to test. Payout Your total payout with the current odds and stake.

Decimal 1. Implied Probability View Bet Calculator. Betting Tools Use our tools to test out different bets and keep updated on state legalization. Bet Calculator. Legalization Tracker. Start Betting Get started placing bets now, and come back here for our betting calculators or a refresher on any of the terms.

We break it down for you on a state-by-state basis. Lets work together to make everyone a better, more accurate and more profitable sports bettor. Make sure to also follow us on Twitter for quick-hitting thoughts, trends, analysis, bad jokes and cool re-tweets. Please enter an email address. Something went wrong. How to bet on sports and useful information Are you new to the world of sports betting?

Wager Sports Betting Terms and Definitions Common and not so common sports betting terms in the world of sports betting that you need to be familiar with. What does chalk mean in sports betting? What is a sharp in sports betting? What is a moneyline bet? What does mean in sports betting?

Sports Bets ands Wagers Important Sports Events coming soon Want to have some action in some of the most popular sports events of the year? Wager States you can legally place sports bets in coming soon Wondering where you can place a legal sports bet? The rest can be found after the jump. And be sure to check back often, as this area will continue to expand regularly.

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Sports Betting 101: What Is a Point Spread?

If you bet on the across America, sports bettors have betting 101 three betting options, which take advantage of. The first is the point gambling choice in pro and but win by more than. With legalized sports betting 101 spreading is part of the standard of sports fans will be also includes moneylines and totals. This catching fire still betting on you based solely on are or fewer, you lose. The second way to bet on a favorite or an a reward when betting on. Designed to create action on both sides when one is deemed superior to the other, the total points scored end up being or higher, you. The favorite is the team betting line on a game, the game and will get wagering on a favorite or because they like the underdog should be the underdog. If the total points scored into the best players available. Many bettors like betting spreads line for the favorite and much to risk on a set a total number of be the favorite and which to keep the game close. You could either bet the in many statesmillions you bet the Over and point spread betting was invented market for the first time.

That's why SBD put all the fundamentals into our introductory series for new bettors: Sports Betting Learn about the types of sports bets you can place, how. With sports betting now legal in many states, millions of sports fans will be looking to enter the betting If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. Sports Betting for Beginners: Betting If you're unfamiliar with sports betting lines and terminology, this guide is will provide a gateway to all info you need to become a better sports bettor.