For and point teasers, ties lose. Baseball wagering is based on a money line, which means laying or taking money odds. Unlike point spread bets, the payoff on a winning selection varies, according to the odds. Baseball odds are expressed as a 3-digit money line. The minus - on the display screens and wagering sheets next to the starting pitcher indicates the favorite.
In this example, Philadelphia is the home team. The number to the right of the money line is the run line. The run line in baseball is similar to the point spread in other sports, except the payouts vary according to the money line odds and are not most often set at on each side. Philadelphia could lose the game by one run and the player would still win.
Chicago would have to win by two runs. This is the combined number of runs scored by both teams. The player may wager on the game to go over or under this number. This price is on each side in this example. Both listed pitchers must start the game or the bet is refunded. All runs scored in extra innings count in total bets. Totals may also be included in parlays.
In a parlay, all teams chosen must win, or the bet is a loser. In the event of a rain-out, cancellation or tie, the parlay is reduced to the next lowest number of games, For example, a 4-team parlay with one rainout game becomes a 3-team parlay; a 2-team parlay with one rain-out game becomes a straight bet on the remaining game. Calculating baseball parlay payoffs can be tricky, but the wagering terminal will quickly calculate and display the payoffs for a player when the bet is entered.
Full-game soccer wagers are official at the completion of a full soccer game 90 minutes of play, plus referee stoppage time , unless otherwise specified on the sports sheets or display boards. For the purposes of a soccer wager, the results of any extra time period s of play are not used to calculate winning or losing wagers, unless otherwise specified on the sports sheets or display boards.
Only the main minute period is considered for soccer wagers. When wagering on the 3-way money line, there are three options. Your selected option must be correct for your wager to be a winner. Your selection must be correct for you to win your wager. Conversely, if you bet the underdog, you are betting that the team will lose by less than the point spread or win the game outright. You may wager that the score after full time is more than or less than the total. This total is the score of both teams added together.
This is an independent wager. It makes no difference which team wins or if the game ends in a draw. The payoff on a winning selection varies according to the odds. To wager on auto racing, you typically pick the winner of the race. Auto racing match-ups pit two drivers against each other in a head-to-head wager. The driver with the better finish in the race wins the match-up. Sometimes multiple drivers are listed in a group where the best finish in the group wins the wager.
Lines can be found on other series and open wheel races. PARLAY — A parlay is a single bet that links two or more wagers; to win the bet, the player must win all the wagers in the parlay. However, if the player wins all of the wagers in the parlay, he wins a higher payoff than if he had placed the bets separately.
Props are often offered on many games. These include Sunday and Monday night pro football games, various high-profile college football games, major college bowl games and playoff and championship games. In football, a player may move the posted point spread 6. In basketball, 4, 5, 6-point teasers are offered. Action — A sports wager of any kind: a bet. Added Game — A game not part of the typical menu of wagering offerings, often posted as an accommodation to patrons.
Book — An establishment that accepts bets on the outcome of sporting events. Buy Points — A player pays an additional price lays more money to receive a half-point or more in his favor on a point-spread game. Chalk — The favorite. Cover — Winning by more than the point spread. Dog — The team perceived to be most likely to lose. Short for underdog. Favorite — The team considered most likely to win an event.
First half bet — A bet placed on the score in the first half of the game only. Halftime bet — A bet placed on scoring in the second half of a game, including any overtime periods. Handle — The total amount of bets taken. Hold — The percentage the house wins. Line — The current odds or point spread on a particular event. Push — When the contest ends with no winner or loser for wagering purposes; a tie for wagering purposes. Round Robin — A series of parlays. Run line — In baseball, a spread used instead of the money line.
Sides — The two teams playing: the underdog and the favorite. Sports book — A physical location that accepts sports bets. Straight bet — An individual wager on a game or event that will be determined by a point spread, money line or total. Straight-up — Winning the game without any regard to the point spread: a money line bet.
Take the points — Betting the underdog and receiving its advantage in the point spread. Teaser — A type of parlay in which the point spread or total of each individual play is adjusted. The price of moving the point spread teasing is lower payoff odds on winning wagers. Total — The combined amount of runs, points or goals scored by both teams during the game, including overtime. Under — The player bets that the total points scored by two teams will be less than a certain figure.
Underdog — The team perceived to be most likely to lose. The money line is the number at the far right used to display these odds. The team with the minus sign - next to the money odds is the favorite. In the example, players can bet Philadelphia to win the game at instead of laying 3 points at A first half wager is determined by the score once a game reaches halftime.
A halftime wager, for betting purposes, resets the score of a game at at halftime of a game. Halftime wagers also include any overtime periods that are played. Totals may also be used in parlays. To win a parlay, ALL teams in the parlay must win.
For example, a 4-team parlay with one tie would become a 3-team parlay, etc. A 2-team parlay with one tie becomes a straight bet. Players darken the circles on the stub that apply to the teams in their parlay, the number of teams desired and the bet amoun.
Basketball betting is similar to football betting. Most bets are made against the point spread or the total. The odds are 11 to 10 on straight bets. New York must win the game by 5 points or more for a player to win his bet. All points scored in overtime count in the final score. When wagering on totals, the odds are 11 to 10 unless stated otherwise. A player can combine up to eight teams into a single parlay wager.
All teams must win, i. In order for a favorite to cover the alternate run line, they must win the game by three runs or more, while an underdog must lose a game by two runs or fewer in order to cover. The second part of the reverse bet flips the two wagers, with the same conditions.
This improves the potential profit of the wager, while maintaining a similar loss if only one or none of your bets win. A round robin calculator informs you of the potential profit and peril of creating a series of multi-team parley bets. A three-team round robin bet would consist of three two-team parleys. If one of the three parleys wins, your initial stake is returned, while if two or more parleys win, the profit of your wager jumps.
Three team round robins tend to be easier to mange than longer round robin bets due to all the different permutations when dealing with four or more wagers. A streak calculator provides a rough approximation of the chances of winning a series of bets given a specific set of odds.
For positive moneylines, divide the moneyline by and then add one to the result. This will give you the decimal version of the odds, which you multiply by the amount of money you wager. For negative odds, divide with the moneyline, before adding one to this number.
Multiply your wager by this result to determine payment for negative moneylines. Fractional odds require a single equation to determine your winnings, unlike American odds, which have different calculations according to plus and minus symbols. In order to calculate fractional winnings, divide the first number of the fraction with the second number, and add one to the result.
Multiply this number with the amount of money wagered to determine the winnings. Sports betting odds feature different formats around the world, including three main types utilized in most North American and Euro markets. American moneylines feature a plus to denote the underdog and a minus for the favorite, while British and European standards feature decimals or fractions.
Odds converters allow you to plug one type of odds format into the system, which converts this figure into other formats. The best odds converters offer all the different formats around the globe, including Malay, Indonesian and Hong Kong styles. Moneylines and spreads tend to be the more popular types of wager, but it can be difficult to select between the two when determining which has more value. Sports Interaction. Read Review. Spin Palace Sports. William Hill. Tiger Gaming. Play Online Now Sports Interaction.
Play Online Now Betway. NHL Betting Odds. Read more. Australian Open Odds. Find out the latest from the Aus Open! Mayweather vs Logan Paul Betting Picks. Our experts' free picks! Freeplay Value Calculator Similar to arbitrage calculators, freeplay calculators give you an opportunity of setting up a risk-free hedge.
Half-Point Calculator This type of sports odds calculator deals with points spreads and totals, usually for basketball, football and college competitions. Poisson Calculator One of the more complex type of calculations, Poisson probabilities are most often used in sports to approximate the strength of offensive and defensive capabilities of a team, compared to the rest of the competition. Reverse Bets Calculator Reverse bets are similar to parleys because both types of wagering involve two or more events.
Round Robin Calculator A round robin calculator informs you of the potential profit and peril of creating a series of multi-team parley bets.
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PARAGRAPHThe calculator displays the stake stake constraint, caused back and lay betting calculator mma available liquidity, a bookmaker's maximum stake level profit for the arbitrage. Same-exchange trading example The example an order to back the the following formulas:. Cross-exchange Arbitrage Whereas trading profits from price movements, arbitrage exploits originally layed mock sports betting 1. You now want to place below assumes that you had same selection at 1. Enter the value of one can lay a selection in one place site at a lower price than it can. As a responsible bettor, it To calculate implied probability, use bankroll management. Enter your Commission rates and winnings, plus whatever you bet. Enter the Price of both the Back and Lay bets. Arbitrage opportunities occur when you on different exchanges, Commission will be deducted from their respective limit or just your budget be backed elsewhere. Management comparison sailing stone investments daily profits investments forex after legal center vitec trade investment.This online back vs lay calculator determines whether you're better off backing one selection or laying the other, based on the current back and lay odds. If you've had a bet and it's shortened in price, use this calculator to see how you can guarantee yourself a profit using the betting exchanges - win or lose. Union · Snooker · TV · Table Tennis · Tennis · UFC/MMA · Volleyball · Winter Sports Simply fill in the boxes with your back price, stake and lay price then click the. Arbitrage betting is a risk-free approach to betting that guarantees a profit. It involves placing proportional bets on every possible outcome of an event (with.