How To Understand Sports Odds

January 26, 2012  
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Sports betting is becoming the new favorite past time of people after they come home from work. For this reason, many people are spending their hard earned cash either online or at the casino, in order to turn such a huge profit, that they no longer need a nine to five job. With this in mind, one of the biggest mistakes that new bettors make, is they do not understand the value of sports odds. Today, we’ll be looking at how to understand the odds and where the odds can be in your favor or avoided.

Firstly, to understand the odds, you have to understand how a moneyline is made. Essentially, a moneyline requires that the bookie software sportsbook place a minus in front of teams favored and a plus sign in front of underdogs. A minus sign means, that in order to bet on the favorite, you have to risk more to get back less. Conversely, a plus sign requires that you bet less to get back more. Here is an example.

New York Giants +140

New England Patriots – 180

In this example, the Giants are the underdog, as depicted by the plus sign, while the Patriots are the favorite represented by a minus sign. To bet on the Giants, you only have to risk $100 to get back $140. Conversely, to get back a profit on the Patriots, you need to risk $180 to get back $100.

Although it sounds simple, the moneyline can be very confusing. Basically, many sportsbooks offer the moneyline in American or International odds. American odds use the minus and plus system we mentioned earlier. At the same time, the International moneyline uses a decimal system to depict the favorite and the underdog. For all intents and purposes use the American moneyline odds, as it is more straightforward.

What To Consider When Betting An NFL Teaser

January 11, 2012  
Filed under Sports Betting Tips

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When it comes to making a wager on the NFL betting line, many casual bettors won’t go near teasers, for the simple reason that they do not know what a teaser is. On the other hand, many sharps won’t go near a teaser, because of the risks provided by the bookie software sites offering up the teaser. But what is a teaser and what makes it the one avoidable bet in the casino or online sportsbook? Here is a guide to teasers and some advice to go along with it.

A teaser is a parlay combined with a point spread. This means, that when you make a parlay bet, which requires you to make a single bet consisting of multiple games, you can use a point spread to adjust your parlay, so that the odds work out more favorable to you. However, there are two catches to consider when making a teaser bet. Firstly, like a parlay, your teams you take in the teaser, must win the game in order for you to win your NFL wager. Secondly, the teams in your teaser must be able to cover the number you have assigned it, through the point spread you have taken from the sportsbook.

For example, in a two-team six-point teaser, you may take the San Francisco 49ers minus three and the Baltimore Ravens plus eight and a half. In a teaser, you can change the line, so that the 49ers are a nine-point dog while the Ravens are a two and a half point favorite, because of the six points in your teaser. In order for you to win your teaser, Baltimore has to win by three points, while the 49ers have to not only cover the nine point spread, but also win the game outright in order to win the teaser.

Orange Bowl Preview Is This The Worst One Yet?

December 14, 2011  
Filed under Sports Betting Tips

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The 2011 – 12 college football betting bowl games season was filled with controversial decisions, as many teams qualified for bowl games that in any other year they likely would not have. One of the major bowl games that defines this belief completely, is the Orange Bowl, featuring the Big East Champion West Virginia Mountaineers taking on the ACC winning Clemson Tigers. The Mountaineers were a bookie software worst nine and three on the season, giving them the lowest win loss record to qualify for a major bowl game. Clemson is a big more respectable at 10 and three on the season. Here is an NFL preview of the Orange Bowl.

If you ask any bookmaker, they are without question taking the Clemson Tigers to destroy the West Virginia Mountaineers and with good reason too. In Clemson’s 10 victories, sophomore quarterback Tajh Boyd looked like a grizzled veteran, ready to be drafted in the lottery of the NFL draft. Conversely, in Clemson’s three losses, Boyd threw for five interceptions, and was under 50 percent in completions. If the Tajh Boyd that single handily won the first eight games of the regular season shows up on January 4, 11 the West Virginia defense will be in for a long night.

Clemson wasn’t just good this season, they were fantastic, as they killed the Virginia Tech Hokies in both games this season. The Clemson defense, made the ACC’s best offense look like the worst offense, as they limited the Hokies to 13 points on the season. Meaning to say, if Clemson’s defense plans a similar attack against the Mountaineers, they should be given the Orange Bowl title, as the game will just be a formality. Pick: Clemson 28 – 13.

NCAAF Picks

November 30, 2011  
Filed under Sports Betting Tips

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Week 14 of the college football betting season is only a few days away, and still there is plenty left to be determined for the upcoming Bowl season. Despite the protests of basically everyone in the country, the BCS Title game is shaping up to be a rematch of the snooze fest that was LSU v Alabama almost a month ago. Barring any heroics this week, the bookie software odds of a rematch are quite high. Here are a few picks for week 14.

Oklahoma State Cowboys v Oklahoma Sooners – In what is naturally one of the biggest games of the season, things couldn’t be more important for the Oklahoma State Cowboys this week when they face interstate rivals the Oklahoma Sooners. The Cowboys and Sooners will face off in the Big 12 Championship Game, and the winner of the game could see their position in the AP 25 standings increase dramatically. Essentially, if Oklahoma State blows out Oklahoma on Saturday, it could allow them to jump over Alabama into the second seed overall. This in turn, would set up an NFL worthy gunfight between the Cowboys and the LSU Tigers in the National title game.

However, in all likelihood, the Sooners keep things close and we are instead given an all SEC National Title game when Alabama faces LSU. This game should have an asterisk beside it, as Alabama will most likely become the first ever team to make the National Title game, without having to play in their conference’s championship game first. In order to keep things pure, we want Oklahoma State to destroy Oklahoma.

Southern Miss v Houston – The Houston Cougars are looking to win their 13th game of the season, and be awarded a BCS Bowl game slot. By all accounts, that shouldn’t be a problem when they face Southern Miss, as Houston should play in one of the Fiesta or Sugar Bowl. By all accounts, look for Houston to once again crush an opponent, before meeting Michigan in the Sugar Bowl.

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