Money line betting guide: Everything to know about the money line and how to wager
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However, NHL betting features a fiercely loyal fanbase that will place wagers on a regular basis. Money line bets are the most basic wagers you can make and are ideal for beginners. Unlike other bets, you are simply betting on the winner of a specific game or match, whether it be a team or individual sport.
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When oddsmakers release a betting line on a game or any other bet, the first thing they do is decide which team should be the favorite and which should be the underdog. To beginners, sports betting can feel at best overwhelming and at worst rigged against you. Odds for the fight were inevitably posted, as the fever for this bout started to boil over. The greatest boxer of this generation against someone who never once competed in a pro boxing match seemed like a no-brainer. Fans were either taking the calculated risk of the long shot on the Irishman or they somehow think he can actually win.
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The payouts will vary based on how many bets you include, and the prices of those bets. The Colts are -375 — that means you need to risk $375 to win $100 or $37.50 to win $10. Spreads are available in every sport but most common in higher-scoring sports like basketball and football. Point spreads are adjusted for team ability and many other factors.
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You can also enter your promotional code, if available, and select BDT (or other currencies) for your transactions at this stage. To calculate your potential winnings, you multiply your stake by the top number and then divide it by the bottom. For example, a $100 stake at odds of 5/2 would yield a $250 profit (and be +250 in moneyline odds format). In the above example, the possibility of the game ending with over 185.5 total points scored is seen as the favorite of the two outcomes. The .5 is used to rule out the prospect of the outcome ending with the exact proposed points tally.
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