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Deepening on the patterns of change, line movement can tell you a lot about how the general informative post public is leaning, and how the sharp money is leaning. Moneyline bets are most popular in NHL, and they are just as susceptible to line movement as other sports, and follow the same patterns. The basic idea of the line moving depending on the money placed on either side of the bet is the same regardless of sport. However, the way that the line changes does vary somewhat depending on the sport. When the game finished to the Steelers many sportsbooks had one of the worst days in history as bettors won big on both sides. Successfully betting the middle depends on you getting in on the right side of action early.
If a bettor or handicapper is talking about trying to get the best of the number or points, they are most likely referring to the spread. In the case of the Lakers-Celtics game, the Lakers are 9 Top Sports Betting Stocks To Wager On the money line favorite at -180, while the Celtics are the underdog at +130. Legal online sports betting is becoming more and more available in the US, and users all over the country are looking for trustworthy platforms to place wagers. We’ve reviewed some of the top sportsbooks in the country and their exclusive promotions available for new and existing users.
How To Calculate Moneyline Odds
You’re betting on a favorite that you think will win, but aren’t sure if they will cover the spread. Even though moneyline bets on favorites pay out a lot less than underdogs, there’s no sense in betting on the spread if you aren’t sure your team has a good chance to cover. This is one of my go-to strategies whenever I think a game will come down to the last play or drive, but I still expect the favorite to win.
Strategies For Using Sports Betting Bonuses
Handicapper – A person who analyzes sports events to predict the winning team or player. Early Cash Out – A way for bettors to settle a wager for a certain dollar amount before the event is over. This is a way to lock in a profit at a smaller value than the wager would ultimately pay. Backdoor Cover – This is a popular term for a team that covers a point spread late in a game. The team with the late cover may or may not affect the actual result of the game, just the wager. As you become more comfortable with line movement you will start finding more spots to bet the middle, or hedge your bets using live betting.
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All of the forms of line movement we have looked at closely in this section, point spread, totals, and money line, are common in the NBA. However, not all sportsbooks will do this and sometimes lines can be moved on or off-key numbers. Keeping an eye on key numbers in NFL line movement is a good idea.
You’re free to switch things up and use whichever type of bet you want depending on what the betting odds are for different games. A “Draw no bet” occurs when a draw is not offered as an outcome on a moneyline bet when that outcome can potentially take place. This happens most in soccer/European football when a moneyline bet provides options only for either team to win. When a draw takes place with this type of wager, bettors have their full stake returned.
Here is an example of typical betting line on an NFL game. This is an oversimplification, but these are generally two reasons people bet moneylines. You can use our odds calculator to make non-round, more difficult conversions.
Identifying where each team has an edge and which of those advantages is most significant is arguably the best thing that a sports bettor can do before placing bets. Even heavy favorites that are or higher are capable of losing pretty regularly in the NFL, which means that bettors should not overexpose themselves against huge numbers. Occasionally a heavy favorite will lose someone to injury or be caught looking ahead to next week’s opponent.