Entry

Types of Sports Wagering?

What is Basic Types of Sports Wagering?

What is the Wagering Guide and Rules?

Jan 21st, 2008 01:47
John Phillips, http://www.onlinepokerreviewdirectory.com/ http://www.onlinebingoreviewdirectory.com/ http://www.onlinecasinoreviewdirectory.com

Straight
The most common type of sports wager is on the result of a single game,
known as a straight wager. One team is typically favored over another by
a pointspread; the favorite gives the underdog points as a head start,
for betting purposes only. The favorite is always indicated by a minus
sign (-3) and the underdog by a plus sign (+3). The amount of points a
customer must give or take is estimated to be the amount which will
generate equal wagering on both the underdog and the favorite. For
betting purposes, the result of the game is determined by taking the
actual score and subtracting points from the favorite`s score or adding
points to the underdog`s score. So, a favorite can win the game but lose
it for betting purposes and an underdog can lose the game but win it for
betting purposes.
Totals
A customer can also bet whether the combined number of points or goals
scored by the two teams in the game will be over or under the total set
by the oddsmaker. For example, if the total is 42 and you believe that
the combined points scored by the two teams will exceed that number, you
would bet over. You would bet under if you believe the total points
score will be less than 42.
Money Line
A bet on a matchup between two teams may be set by a money line instead
of a pointspread. If a matchup is determined by a money line, like Major
League Baseball, then it will cost the customer more to wager on the
favorite. For example, the Atlanta Braves are a -150 favorite over the
Chicago Cubs. In this example, the customer must lay $150 in order to
win $100. If Atlanta loses, the customer loses $150. However, the
customer could bet on Chicago, in which case the customer would lay $100
in order to win $140 (10 cent line). If Chicago loses, the customer only
loses $100, and if Chicago wins, the customer would win $140.
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