The goal is to find a line that accurately reflects the competitive difference between two teams, and factors include recent performance, injuries, weather and player or coaching matchups.

These factors will be accumulated to derive some form of team rating — often called power ratings — which will then be used to determine the spread. A moneyline bet is the simplest bet you can make at a sportsbook.

When betting the moneyline, your potential bet pay-out will change depending on which team is favored. The points total allows you to bet without picking a side in the matchup. Instead, you are simply betting on how many points will be scored.

If you bet the over, you're betting the total points scored in the game will be or higher. If you bet the under, you're betting the total points will be or lower. A parlay is multiple wagers in one bet. Because the odds are higher, the payout is also higher. But if any of your wagers is incorrect, the entire bet is lost.

You can combine or "parlay" the Nets If the first bet wins, your bet is rolled into the next game. If the next bet wins as well the payout will be higher than if you had bet each game separately.

But if either bet loses, the entire bet is lost. How are parlay bet odds calculated? The reason parlay bets pay you out much more money for correctly picking multiple individual bets is to do with how the odds are calculated. The more lines you add, the more the multiplier grows, offering longer odds and greater payouts.

This football game prop is on the combined number of touchdowns scored by both teams. This article was co-authored by wikiHow Staff. Our trained team of editors and researchers validate articles for accuracy and comprehensiveness.

wikiHow's Content Management Team carefully monitors the work from our editorial staff to ensure that each article is backed by trusted research and meets our high quality standards. This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources.

This article has been viewed , times. Learn more Betting on sports games is a hobby for many, and most people just consider it to be a fun and friendly past time. But there are ways to consistently make money on sports betting, and the tricks are understanding betting strategy and the different types of bets you can make, understanding the odds, making smart bets, and walking away from bad bets.

Winning at sports betting takes time and dedication, but there are some strategies that you can use to increase your chances of winning. Always bet with a clear and focused mind, so bet sober and avoid betting on home or favorite teams since this could cloud your judgment.

As you start betting more, open a specific bank account and put enough money in it to cover an entire season or year. To learn how to take advantage of matched betting, keep reading! Did this summary help you?

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Article Summary. Co-authored by wikiHow Staff Last Updated: September 30, Fact Checked. Part 1. Open a specific bank account. When you open this account, be sure you invest enough money to cover your bankroll for an entire season or year, not just a single game.

Create accounts with a few sportsbooks. Some sportsbooks also offer signup bonuses, so be sure to shop around.

Learn to make smart bets. For instance, while each bet should represent about one to two percent of your bankroll, you can reduce this to 0.

Similarly, you can increase the bet if you're very confident, but never place a bet that exceeds four percent of your bankroll. Many experts recommend not betting on your home team in any sport, because your bias can cloud your judgement, and this can lead to great losses.

Create a betting schedule. This refers to the practice of trying to recoup losses from a previous bet with more betting. Have a betting schedule or routine and stick to it. Bet sober. This refers to betting with a clear mind and focus.

Many people will read this and think it is common sense but you would be surprised how many people break this rule. Emotions can get the best of all of us, and bad decisions can be made from those emotions. Part 2. Understand moneylines. The team associated with the minus number the Leafs is the favored team, while the team associated with the plus number the Canucks is the underdog.

However, you can bet on the moneyline for almost every sport. Learn about point spreads. Point spread betting is more popular in games where there's a larger gap between the final scores.

Again, the team associated with the minus is the favorite and the team associated with the plus is the underdog. Understand parlays. Parlay betting involves making multiple types of bets on the same game. For example, if you combined a moneyline bet and a point spread bet on the same game, this would be a parlay bet.

These bets often offer large payouts, but they require a great deal of accuracy.

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As you start betting more, open a specific bank account and put enough money in it to cover an entire season or year. To learn how to take advantage of matched betting, keep reading!

Did this summary help you? Yes No. Skip to Content. Courses Guides New Tech Help Pro Expert Videos About wikiHow Pro Upgrade Sign In. Edit this Article. Tech Help Pro About Us Random Article Quizzes.

Request a New Article Community Dashboard This Or That Game. Popular Categories. Arts and Entertainment Artwork Books Movies. Computers and Electronics Computers Phone Skills Technology Hacks. Health Men's Health Mental Health Women's Health.

Relationships Dating Love Relationship Issues. Hobbies and Crafts Crafts Drawing Games. Personal Care and Style Fashion Hair Care Personal Hygiene.

Youth Personal Care School Stuff Dating. All Categories. Arts and Entertainment Finance and Business Home and Garden Relationship Quizzes. Computers and Electronics Health Pets and Animals Travel.

Family Life Holidays and Traditions Relationships Youth. Log in Social login does not work in incognito and private browsers. Please log in with your username or email to continue.

wikiHow Account. No account yet? Create an account. wikiHow is where trusted research and expert knowledge come together. Learn why people trust wikiHow.

Categories Hobbies and Crafts Games Games of Chance How to Win at Sports Betting. Download Article Explore this Article parts. Related Articles. Article Summary. Co-authored by wikiHow Staff Last Updated: September 30, Fact Checked. Part 1. Open a specific bank account.

When you open this account, be sure you invest enough money to cover your bankroll for an entire season or year, not just a single game. Create accounts with a few sportsbooks.

Some sportsbooks also offer signup bonuses, so be sure to shop around. Learn to make smart bets. For instance, while each bet should represent about one to two percent of your bankroll, you can reduce this to 0. Similarly, you can increase the bet if you're very confident, but never place a bet that exceeds four percent of your bankroll.

Many experts recommend not betting on your home team in any sport, because your bias can cloud your judgement, and this can lead to great losses. Create a betting schedule. This refers to the practice of trying to recoup losses from a previous bet with more betting.

Have a betting schedule or routine and stick to it. Bet sober. Top handicappers regularly use these tools to give them an edge.

Looking for a Round Robin calculator? Arbitrage calculator? Kelly Criterion calculator? We have you covered. Here are some of the tools you can take advantage of:.

The value of buying or selling half-points for all sports lines, spreads and totals. Max win and loss amount for a given round-robin, as well as the situational results.

Converts between spreads and moneylines for football and basketball, pro and college. Loss probability of streak wagers over the course of a wager series of specified length.

SBR provides a full range of free sports betting calculators to help you find great value, manage your bankroll and generate an overall profit. Handicappers can choose from a huge range of tools, including an arbitrage calculator, a odds calculator, a free play value calculator, a half-point calculator and much more.

All of these betting calculators are designed to help handicappers make a success of sports betting by gaining an edge on the sportsbooks.

It also helps when you take advantage of the best sportsbook promos or the fastest payout sportsbooks , too. These are the tools you can take advantage of:. The betting odds calculator at the top of this page allows you to quickly work out the payout you stand to earn on any wager.

You can switch the bet calculator between American, fractional and decimal odds, depending on your preference. Our odds payout calculator will instantly tell you the payout you stand to receive if your bet is successful. Your stake is always returned on winning bets, so the payout includes your profit and the return of your stake.

This tool calculates the total value attained positive or negative from a completed multiway scalp, and calculates the bet size on each outcome to fully smooth results. Determines the risk-free real dollar profit that may be obtained from betting and hedging a free play of a given size.

Calculates the value of buying or selling half-points for MLB totals and NBA , NFL, NCAA Basketball and NCAA Football spreads and totals.

Calculates Kelly stakes for bets on up to either 15 simultaneous events or 15 mutually exclusive outcomes of a single event. Converts betting odds between US, decimal, fractional odds, percentage, Hong Kong, Indonesian and Malay formats. This calculator determines parlay bet payouts as well as associated premiums, given a set of underlying bet odds.

Calculates win probabilities and odds for one or two variable Poisson-style proposition bets, given an underlying win percentage. This calculator determines the maximum win and loss amount for a given reverse bet, as well as the situational results based upon whether or not each underlying game wins, loses, or pushes.

This calculator determines the maximum win and loss amount for a given round-robin, as well as the situational results based upon whether or not each underlying game wins, loses or pushes. This calculator approximately converts between spreads and moneylines for both pro and college football and basketball.

This calculator determines the probability of losing a streak of wagers over the course of a wager series of specified length. These free sports betting calculators are designed to help handicappers maximize their chances of earning a profit.

Bet win - Place your bets on tennis matches with Bet Win Wins Sports Betting. Enjoy competitive odds, fast payouts, and exciting features like selection bonus and BetWin is an official licensed online casino platform, with best slot,Spin,Virtual sport,Scratch and dice games. To be best and safest online casino site If you're betting that a team will win or lose by a certain amount of points, that is called a spread bet. If you combine multiple outcomes into one bet, that Learn Bet Win is a website dedicated to educating punters, and giving them the tools necessary to bring their betting accounts from the RED into the BLACK

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Accept All Reject All Show Purposes. Table of Contents Expand. Table of Contents. What Is a Money Line Bet? Understanding Money Lines. Money Line Bets vs.

Point Spread Bets. The Bottom Line. Business Leaders Math and Statistics. Trending Videos. A money line bet is considered to be the least complicated kind of bet because what is at stake is so straightforward: who will win.

Payouts still take into account the odds of a game, with the teams split into two neatly organized categories: favorite and underdog. Gambling always involves a negative expected return—the house always has the advantage. How Do You Figure Out a Money Line? Article Sources. Investopedia requires writers to use primary sources to support their work.

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

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Investopedia does not include all offers available in the marketplace. Part Of. Related Terms. Teaser Bet: Meaning, Calculation, Example In sports betting, a teaser bet is a type of parlay bet in which the bettor is allowed to change the point spread for a game.

Over-Under Bet: Definition, Types, and Examples Over-under bets, or total bets, are a wager that the point total for a game will be larger or smaller than a sportsbook predicts. Champions League. Euro Copa America. La Liga. Europa League. International Football.

Serie A. Women's Football. Formula 1. League One. League Two. Sports Business. Men's World Cup. Women's World Cup. The Athletic Ink. Understanding sports betting odds and how to read them. By Dan Santaromita Jan 25, American odds American odds are a bit confusing on their face. TEAM Spread Total Moneyline Boston Celtics.

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Sports Betting Glossary. Sports Betting. No sweat. A moneyline bet, the most basic bet in sports gambling, is simply picking the winner of a game.

For example: You bet on the Golden State Warriors moneyline; if they win, you win! If they lose, well…you get the picture. Pro tip: Think of it like a bet on the underdog has the chance to win you more money ie. plus money. Alternatively, you can bet the spread. High risk, high reward. So if the Green Bay Packers were favored by 4 that would read as Packers -4 and won by 5, they covered the spread and turned a profit for those who bet on the spread.

Blame it on the juice , indeed. A bet considered to be a sure thing.