So, the house tries to even things up by offering better than 1 to 1 odds
on the Knicks. The best sports betting odds are not always the best bet.Will
Catlett is a senior editor and online sports betting fanatic at SportsIntensity. The most important
thing to remember when wagering on any sporting contest is the fact that bettors who
are successful have a small amount of luck and possess a whole lot of analytical
skill. Before wagering, always let stats and facts guide your sports betting. Here's a quick
guide designed to illuminate the money line and point spread as they relate to odds
and sports betting.When wagering on just about any team sport you'll be given the opportunity
to bet via either the moneyline or the point spread. In essence, the moneyline charges
gamblers a commission when they bet on the favorite. In this example, the New York
Knicks are at home and the underdogs. The question is-how has the house tilted the
odds against bettors? They've Zapatillas Puma done is through vigorish.In our example, betting the Celtics to win
outright makes the most sense. However to make $100 on the above wager, you must
bet $150. The moneyline is included for the sake of comparison.Team Moneyline Point SpreadBoston +150
-22.5 (-150)CelticsNew York -130 +22.5 (+120)KnicksNote that when the point spread is added that the
odds have changed. That mean that the odds on Boston are less than 1 to
1. When Betting on Sports Let the Odds Guide YouThere are a few essentials when
it comes to understanding sports betting odds. Remember-with the moneyline the team listed with a
plus (+) is the favored club and the one with the minus (-) is the
underdog.The point spread is another way in which odds makers try to guide sports bettors
and influence the odds. In fact, they are 10 to 15. This is called "vigorish,"
"house vigorish," or "vig."A typical moneyline would look like this:Team MoneylineBoston +150CelticsNew York -130KnicksWhen you
see any game listed on any betting ticket, Tn Requin the team on top is the visiting
club. Some bookmakers will give you a choice, while others will limit certain games to
either a point spread wager or moneyline bet. However, if the favorite loses, the bookies
are covered because it cost bettors 50% more to wager on Boston, and they pocket
that extra cash.If the bookmakers have managed to get equal amounts of bettors to take
the Knicks and Celtics, then they are covered if either team wins. With a moneyline,
there is no point spread and that means the team that wins the contest is
the one that pays off. That means that for every $100 bet, you have the
chance to win $130.The odds makers are trying to get more bettors to take the
Knicks. With the point spread, payoffs change and outcomes are based not on who actually
wins the contest but on which team wins by incorporating the point spread.Here's a typical
point spread ticket using the same Celtics versus Knicks contest. The Celtics are now at
15 to 10, while the Knicks are at 10 to 12. Those who make the
odds for sports betting know this and so bookmakers are always trying to enhance their
edge.The moneyline is the first way in which they do this. In the ideal world
of the bookmaker, more people would put cash on New York and the Celtics would
win. That's because Boston must now win by 23 or more points to pay off,
while a New York loss by as much as 22 points will still result in
a payday for anyone who bets on them. The court has evened up with the
point spread and the payoffs on both sides are tougher to hit.Remember, with both the
moneyline and point spread, bookies are trying to make sure that no matter which team
wins, they come out on top. In our example, the odds for New York are
13 to 10. You can read more of his expert articles and sports betting tips
at http://www.sportsintensity.com.
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