If it were as simple as picking the winner, everyone would choose Alabama. Imagine the University of Alabama football team playing a Division II school with 2,000 students. In many sporting events, it’s far from a level playing field. Inversely, -200 would net you one half of your bet amount in profit if itwere to win. Therefore, +200 would be twice your bet and +300 would win you three times your bet amount. When you see "+200" on a particular betting line, that means you will win two times your betting amount. One of the most popular odds pages is our Super Bowl Odds chart that tracks the line moves of all the best US sports betting sites. You can even string multiple bets together so that you’re betting on a portion or all of the games played on a day, even spanning across multiple sports. The better sportsbooks allow you to bet on nearly any outcome taking place within a sporting event. Once you become familiar with some of the ways you can bet on sporting events, you can delve into more complicated types of wagers, many of which go beyond betting on which team is going to win. In order to intelligently bet on sports, whether it be in Las Vegas or any other format for sports betting, it’s necessary to understand how bets are set up and posted, and what all the associated terminology means.īeyond that, it’s useful to understand why the odds are what they are, how the odds change in the lead-up to the sporting event, and how to select the best value out of your wagering opportunities. Which team will win? But that’s just the tip of the iceberg. At its simplest, it comes down to predicting the outcome of a sporting event. Sports betting is both incredibly simple and fairly complicated, as strange as that may sound.
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