Tennis – handicaps can be applied to either sets or games. If the handicap applies to games, then all the games from the match will be totalled up to form the outcome, which might not necessarily be the same as the winner of the match. If you’re backing Manchester City, they must win the game by a margin of three goals or more for you to win your bet. You are effectively giving one outcome an advantage, and the other outcome a disadvantage to make something you’re betting on more even.

Should I Bet With Point Spreads?

Commonly referred to as just the “spread .” Betting line or odds used to determine favorite and underdog. An even-money bet in which there are no odds, only the “pick” of the winning side. A sporting event on which bets are no longer being accepted, usually due to controversy, injury or other unusual circumstance. Betting on the favorite but sacrificing points on the spread or money line.

Latest Super Bowl 56 Betting Odds

Point spreads are the most popular way to bet on sports, as they provide people with bigger payouts when betting on favorites, and reduce the risk that comes with betting on underdogs. The $100 benchmark is simply an industry standard that makes it quick and easy to tell how much you’d win or need to stake. You can bet however much you want, and the payout will scale up or down to match the ratio.

A parlay wager is a single bet that is linked with two or more wagers. In order to win a parlay bet, a bettor must win every wager in the parlay. If a bettor loses one wager in the parlay then they will lose the entire parlay bet. Parlay bets tend to have much higher odds than other bet types. Terms and Conditions apply to all advertised bonus offers on this website.

Also, arguably the most gambled on sporting event of the year. Thanks to lay betting though, you can take someone else’s bet on that horse. This can be seen in the below image, with the red number showing your potential loss if that selection wins, and the green numbers your potential win if those selections win the race.

On the other side, with a number that has a plus sign in front if it, a $100 bet will equal whatever the given number is. For example, when the odds are listed at +300, a $100 wager would turn into $300 if it’s a winner. As you might imagine, American odds are used most often by sportsbooks in the United States. The easiest way to think about calculating American odds is using the $100 mark on either the plus side or minus side.

Smaller parlays don’t offer the massive paydays the larger one does, but they win more often. Play a parlay correctly and there’s a good chance you’ll be able to hedge against the last leg. This means locking up some guaranteed winnings or at least your original stake by playing a little defense, betting against yourself, and taking out somewhat of an insurance policy. If you’re doing it right, you’ll be putting together parlays that naturally provide you the opportunity to lock in some profit midway through. Big odds might make you want to bet big, but increasing your normal bet size for a parlay isn’t always the wise move.

How To Make Your First Bet

But even then, the opportunity for varying payouts can be great. We hope that you’ve found this useful and now feel ready to bet better with When you click on a bet or outcome which takes your fancy and you then enter a stake, you can simply check out the ‘To Win’ column to see what your bet will return. There’s plenty more to know about betting, but that’s all for now, folks. The odds will determine how much you will win in return for the money you bet . At first glance it may look confusing, but once you get the hang of it you’ll be able to place your bet and know exactly how much you’ll claim should you pick the winner.

For instance, is when you’re planning to put a $10 bet on a team with 2.40 decimal odds. What you only need to do is multiply your $10 bet by the 2.40 odds. The sign in front of the number suggests that placing a bet on that particular outcome will give more payout than you have wagered. It can also mean if it’ll give you less money than what you betted on. If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race. If the odd is better than even, the figure is positive and it shows how much money will be won on a wager of $100.