The Moneyline assigns a negative number to the favorite and a positive number to the underdog. Moneyline bets, point spread bets, and over/under total bets all incorporate the juice, which is the percentage of the winnings deducted by the bookmaker. You’ll collect your winnings if the team you gambled on wins. The only thing that matters is who wins and who loses, regardless of the ultimate score. Picking a winning team in a sporting event is the simplest form of betting. It’s termed a push when anything like this happens. ![]() If you want to wager on the Jaguars, you’ll need them to win by at least three points or cover the spread.Īll wagers will be reimbursed if the Commanders beat the Jaguars by exactly four points. You’ll take a loss if they win by three points or fewer or if they don’t win at all. Your wager on the Commanders will be returned if they win by at least five points. When the NFL season kicks off, for instance, the Washington Commanders are favored by four points over the Jacksonville Jaguars. Point-Spread BetĪ wager in which the winning side must win by a specified margin, or the losing team must lose by no more than the specified margin.Which Terms are Important To Understand Sports Betting? With this guide for newcomers to sports betting, we hope to clarify the process and make some of the terminology more approachable. When you consider all the different types of bets and the wide variety of sports available, placing your first sports wager can be a bit daunting. ![]() American pop culture’s anti-gambling stigma swiftly vanished, allowing a large, multibillion-dollar legal sports betting business to flourish. Sports betting has gone from obscurity to prominence during the past four years.
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