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Sports Betting Advice

How To Read Sports Betting Odds And Lines Like A Successful Professional

The key to finding success in sports betting is knowing how to read and interpret the betting odds and lines. Sports betting is not as simple as just taking the team you think is going to win, as experienced gamblers never solely look for a team or matchup they like. Instead, they are looking for the most favorable betting odds or lines, as this is the best way to find value. Betting odds and lines can seem complicated, but once you get the basics down, it can be easy to quickly and efficiently interpret odds and lines.

What are Sports Betting Odds?

The odds are the determined probability of a given outcome. For example, in every football game, there are odds assigned to both of the two competing teams for winning the game, which is known as the Moneyline. Not only do the odds determine the probability of a given outcome, but they also, determine how much you will win by betting on that specified outcome. When looking at betting odds, it is important to remember the odds do not perfectly reflect the probability of each expected outcome. The goal of a sportsbook is to set odds so that there is equal action on both outcomes, and there is also a vig added into the odds that must be accounted for.

What are Sports Betting Lines?

Betting the Moneyline is not always an effective way to bet on a game. In sports like tennis and baseball, the Moneyline is the most popular way to bet on the games or matches. However, in higher-scoring games like basketball and football, betting the point spread is very popular. The line is a prediction of the expected outcome of the game in question. However, in higher-scoring games like basketball and football, betting the point spread is very popular. Similar to betting odds, the goal of the sportsbook is to get action on both sides of the line, so the line will move over time to reflect this.

How To Read Sports Betting Odds And Lines Like A Professional: Betting Games And Matches Guide

What Do + and - Mean in Odds and Lines?

The first step to understanding odds and lines is being able to identify what the various “+” and “-” signs mean. The + and - sign allows the bettor to identify the favorite and the underdog. A + sign next to the odds or a line signifies that the listed team is the underdog, while a - sign signifies the favorite. For example, if a football team has +7 next to their team name, that means they are expected to lose by 7 points. Conversely, if you gamble on a team that is listed at -7, that means that you are betting that the team will win by at least 7 points. The same goes for odds. For example, a team listed at +130 is an underdog and a team at -130 is the favorite.

How to Read Sports Betting Odds.

The betting odds attached to a given outcome lets you know your prospective payout if the bet wins. For a favorite, the negative number lets you know how much money you would need to bet in order to win $100. For example, if a team is a -300 favorite to win, then you need to bet $300 to win $100, giving you a total payout of $400 on your initial $300 investment if they do in fact win. The odds also let you know how likely it is that a favorite will win. If a favorite is listed at -1000, they are considered very likely to win, but if they are listed at -110 it should be a very close game.

For an underdog, the positive number lets you know the amount of money you would win by placing a $100 bet. For example, if the team is a +300 underdog to win, then a $100 bet would result in you winning $300, for a total payout of $400 on your initial $100 investment.

While betting odds are always on this $100 scale, you can bet in any increment you like. However, betting in random dollar amounts can sometimes make the math to calculate potential winnings a little complicated. Finally, if the game results in a tie, the bet is a “push”, which means you simply recoup your initial bet with no additional winnings or losses.

How to Read Sports Betting Lines.

Betting lines also called the “spread”, are a prediction of both the outcome of a game as well as the distribution of bets of the gambling public. As mentioned earlier, a line is set so that there is an equal amount of action on both sides of the line. So if the line in a football game is set at -7 in favor of the home team, that means that the sportsbook believes that an equal amount of action will be put on the home team winning by 7 and the away team losing by less than 7 points.

Betting the Favorite.

A great way to think about betting on a line is that you are adding or subtracting the number you bet on to the final score of the game. For example, let's return to the example above in which the home team is favored by 7 points (-7). At the conclusion of the game, you need to subtract 7 points away from the home team’s score. If after subtracting 7 the home team is still up, you have a winner. So if the home team wins 24-13, after subtracting 7 points the home team still wins 17-13, meaning you win your bet! However, if the final score had the home team winning 24-21, you lose, since subtracting 7 points means the score would be 17-21.

There is also the possibility of a push when betting the line. A push occurs when after adding or subtracting the spread, the two teams tie. For example, if the final score in the above example had the home team winning 24-17 and you bet the home team -7, the adjusted score would be 17-17. This results in a push.

Betting the Underdog.

The same logic goes to betting an underdog, except you add the line to the final score instead of subtracting it. For example, if you bet a +7 underdog, you add that seven points to the final score. So if the underdog lost 24-20, adding 7 points to their total makes the score 24-27, meaning you won your bet.

Betting Odds on the Spread.

Another factor in the sportsbook trying to drive equal action to both sides of the line is the odds attached to each side of the line. The line does not have a straight 1:1 payout for both outcomes. Instead, there are different betting odds assigned to both sides of the spread that reflect the action each side is getting. Let’s look at the -7 home favorite example for a further investigation of what this could look like. Hypothetically, let’s say that much more people are betting on the +7 away team than the -7 home team. Before the line moves to 6.5, the odds will shift to reflect this change in betting behavior. In order to bet the away team at +7, the odds may move to -115. This means you need to bet $115 to win $100. Conversely, to bet the -7 home team, the odds will be set at -105, trying to entice bettors since they only have to pay $105 to win $100.

Pick ‘Em.

In some situations, the two teams can be so close that there is no line. In these situations, the line will be listed as a “Pick ‘Em” or simply “Pick”, implying that the bettor just needs to pick a winner. There will be listed odds for each team winning.

No Line.

Sometimes no line will be listed, meaning that no bets will be taken on this game. There is a good reason for this, usually stemming from uncertainty surrounding whether a key player will suit up because of an injury, suspension, or trade.

Important Tips to Consider When Evaluating Odds and Lines.

There are some important things to keep in mind if you are trying to find an edge when betting the odds or lines. Below are three tips to consider:

> The home team always gets a boost. When looking at the odds, keep in mind that sportsbooks usually give the home team an implicit edge, since statistically speaking the home team has a built-in advantage.

> There are “public” teams that get a penalty. There are certain teams that have such nationwide popularity that in order to get even action on both sides, there is a penalty to taking the popular team. That means that these public teams usually have less favorable odds than they would if they were just another normal team. Examples of these teams include the Lakers, Cowboys, and Yankees.

> Get help from expert handicappers. There are expert handicappers that specialize in finding odds or lines that offer bettors an advantage. If you are serious about sports betting, find a website with expert sports picks and handicappers.





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Sports News Video: Jonny from 40 YARDS OUT! 🔭🎯


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Jonny Otto's audacious effort from distance is a goal of the season contender and was an easy pick for March's Premier League goal of the month. #shorts » Subscribe to NBC Sports: https://www.youtube.com/nbcsports?sub_confirmation=1 » Watch Live Sports on NBCSports.com: http://www.nbcsports.com/live » Get more Premier League news on NBC Sports: https://nbcsports.com/soccer/premier-league Want more Premier League? Check out Peacock Premium: https://peacocktv.com/premierleague NBC Sports Group serves sports fans 24/7 with premier live events, insightful studio shows, and compelling original programming. NBC Sports is an established leader in the sports media landscape with an unparalleled collection of sports properties that include the Olympics, NFL, Premier League, NASCAR, PGA TOUR, the Kentucky Derby, Tour de France, French Open, IndyCar and many more. Subscribe to our channel for the latest sporting news and highlights! The Premier League across NBC Sports Group launched in 2013 with their biggest and broadest programming commitment to-date in the United States. With live multi-platform coverage of all 380 games, analysis from best-in-class talent and extensive surrounding coverage all week long, NBC Sports Group has become the ultimate destination for new and existing Premier League fans. The Premier League maintains strong and consistent reach across NBC, USA Network, CNBC, and NBC Sports Group’s live streaming products, led by the biggest stars and most prestigious teams in the world. Visit NBC Sports: https://www.nbcsports.com Find NBC Sports on Facebook: https://www.facebook.com/NBCSports Follow NBC Sports on Twitter: https://twitter.com/nbcsports Follow NBC Sports on Instagram: https://www.instagram.com/nbcsports/ https://www.nbcsports.com/nfl/sunday-night-football https://nbcsports.com/motors/nascar https://nbcsports.com/soccer/premier-league Jonny from 40 YARDS OUT! 🔭🎯 https://www.youtube.com/nbcsports

Published: 31st Mar 2023 08:00:07   By: NBC Sports

Sports News Video: Premier League Preview: Matchweek 29 | NBC Sports


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Get up to date with everything you need to know ahead of Matchweek 29 in the 2022-23 Premier League season. #NBCSports #PremierLeague #PremierLeaguePreview » Subscribe to NBC Sports: https://www.youtube.com/nbcsports?sub_confirmation=1 » Watch Live Sports on NBCSports.com: http://www.nbcsports.com/live » Get more Premier League news on NBC Sports: https://nbcsports.com/soccer/premier-league Want more Premier League? Check out Peacock Premium: https://peacocktv.com/premierleague NBC Sports Group serves sports fans 24/7 with premier live events, insightful studio shows, and compelling original programming. NBC Sports is an established leader in the sports media landscape with an unparalleled collection of sports properties that include the Olympics, NFL, Premier League, NASCAR, PGA TOUR, the Kentucky Derby, Tour de France, French Open, IndyCar and many more. Subscribe to our channel for the latest sporting news and highlights! The Premier League across NBC Sports Group launched in 2013 with their biggest and broadest programming commitment to-date in the United States. With live multi-platform coverage of all 380 games, analysis from best-in-class talent and extensive surrounding coverage all week long, NBC Sports Group has become the ultimate destination for new and existing Premier League fans. The Premier League maintains strong and consistent reach across NBC, USA Network, CNBC, and NBC Sports Group’s live streaming products, led by the biggest stars and most prestigious teams in the world. Visit NBC Sports: https://www.nbcsports.com Find NBC Sports on Facebook: https://www.facebook.com/NBCSports Follow NBC Sports on Twitter: https://twitter.com/nbcsports Follow NBC Sports on Instagram: https://www.instagram.com/nbcsports/ https://www.nbcsports.com/nfl/sunday-night-football https://nbcsports.com/motors/nascar https://nbcsports.com/soccer/premier-league Premier League Preview: Matchweek 29 | NBC Sports https://www.youtube.com/nbcsports

Published: 31st Mar 2023 07:00:04   By: NBC Sports

Sports News Video: LIVE BBL! London Lions vs Surrey Scorchers | British Basketball League


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►SUBSCRIBE: http://bit.ly/SkySportsSub Live action from the BBL as the London Lions take on Surrey Scorchers. MORE FROM SKY SPORTS ON YOUTUBE: ►SKY SPORTS FOOTBALL: http://bit.ly/SSFootballSub ►SKY SPORTS BOXING: http://bit.ly/SSBoxingSub ►SKY SPORTS CRICKET: http://bit.ly/SubscribeSkyCricket ►SOCCER AM: http://bit.ly/SoccerAMSub ►SKY SPORTS F1: http://bit.ly/SubscribeSkyF1 ►SKY SPORTS: http://bit.ly/SkySportsSub ►SKY SPORTS GOLF: https://bit.ly/SubscribeSkySportsGolf ►TWITTER: https://twitter.com/skysports ►FACEBOOK: http://www.facebook.com/skysports ►WEBSITE: http://www.skysports.com

Published: 31st Mar 2023 09:32:40   By: Sky Sports

Sports News Video: LIVE NETBALL! | Team Bath v Leeds Rhinos | Netball Super League


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►SUBSCRIBE: http://bit.ly/SkySportsSub Live coverage as Team Bath take on Leeds Rhinos in the Netball Super League. MORE FROM SKY SPORTS ON YOUTUBE: ►SKY SPORTS FOOTBALL: http://bit.ly/SSFootballSub ►SKY SPORTS BOXING: http://bit.ly/SSBoxingSub ►SKY SPORTS CRICKET: http://bit.ly/SubscribeSkyCricket ►SOCCER AM: http://bit.ly/SoccerAMSub ►SKY SPORTS F1: http://bit.ly/SubscribeSkyF1 ►SKY SPORTS: http://bit.ly/SkySportsSub ►SKY SPORTS GOLF: https://bit.ly/SubscribeSkySportsGolf ►TWITTER: https://twitter.com/skysports ►FACEBOOK: http://www.facebook.com/skysports ►WEBSITE: http://www.skysports.com

Published: 31st Mar 2023 08:18:11   By: Sky Sports

Sports News Video: "I wouldn't write it off!" 👀 | George Williams open to NRL return


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►SUBSCRIBE: http://bit.ly/SkySportsSub Warrington's George Williams tells the Rugby League Verdict on Sky Sports News that he wouldn't rule out an eventual return to the NRL in Australia but is happy to stay in the UK until at least the end of next season. MORE FROM SKY SPORTS ON YOUTUBE: ►SKY SPORTS FOOTBALL: http://bit.ly/SSFootballSub ►SKY SPORTS BOXING: http://bit.ly/SSBoxingSub ►SKY SPORTS CRICKET: http://bit.ly/SubscribeSkyCricket ►SOCCER AM: http://bit.ly/SoccerAMSub ►SKY SPORTS F1: http://bit.ly/SubscribeSkyF1 ►SKY SPORTS: http://bit.ly/SkySportsSub ►SKY SPORTS GOLF: https://bit.ly/SubscribeSkySportsGolf ►TWITTER: https://twitter.com/skysports ►FACEBOOK: http://www.facebook.com/skysports ►WEBSITE: http://www.skysports.com

Published: 29th Mar 2023 06:10:09   By: Sky Sports

Sports News Video: LIVE NBA! | Memphis Grizzlies @ Chicago Bulls 🏀


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►SUBSCRIBE: http://bit.ly/SkySportsSub Join us for live action from the NBA as the Memphis Grizzlies take on the Chicago Bulls. MORE FROM SKY SPORTS ON YOUTUBE: ►SKY SPORTS FOOTBALL: http://bit.ly/SSFootballSub ►SKY SPORTS BOXING: http://bit.ly/SSBoxingSub ►SKY SPORTS CRICKET: http://bit.ly/SubscribeSkyCricket ►SOCCER AM: http://bit.ly/SoccerAMSub ►SKY SPORTS F1: http://bit.ly/SubscribeSkyF1 ►SKY SPORTS: http://bit.ly/SkySportsSub ►SKY SPORTS GOLF: https://bit.ly/SubscribeSkySportsGolf ►TWITTER: https://twitter.com/skysports ►FACEBOOK: http://www.facebook.com/skysports ►WEBSITE: http://www.skysports.com

Published: 29th Mar 2023 03:41:00   By: Sky Sports

Sports News Video: LIVE NETBALL! | Celtic Dragons v Strathclyde Sirens | Netball Super League


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►SUBSCRIBE: http://bit.ly/SkySportsSub Live coverage as Celtic Dragons take on Strathclyde Sirens in the Netball Super League. MORE FROM SKY SPORTS ON YOUTUBE: ►SKY SPORTS FOOTBALL: http://bit.ly/SSFootballSub ►SKY SPORTS BOXING: http://bit.ly/SSBoxingSub ►SKY SPORTS CRICKET: http://bit.ly/SubscribeSkyCricket ►SOCCER AM: http://bit.ly/SoccerAMSub ►SKY SPORTS F1: http://bit.ly/SubscribeSkyF1 ►SKY SPORTS: http://bit.ly/SkySportsSub ►SKY SPORTS GOLF: https://bit.ly/SubscribeSkySportsGolf ►TWITTER: https://twitter.com/skysports ►FACEBOOK: http://www.facebook.com/skysports ►WEBSITE: http://www.skysports.com

Published: 27th Mar 2023 07:44:11   By: Sky Sports

Olympic News Video: Usain Bolt’s Olympic debut in the 200m heats at Athens 2004. The rest is history.


Related Videos On: Usain Bolt’s Olympic debut in the 200m heats at Athens 2004. The rest is history.


📲 Subscribe to @olympics: http://oly.ch/Subscribe #shorts _____________________________________________________ 🇨🇳 #Beijing2022 replays: https://oly.ch/B22Replays 🇯🇵 #Tokyo2020 replays: https://oly.ch/T20Replays 🗞️ News from the Olympic world: https://oly.ch/News

Published: 31st Mar 2023 03:40:32   By: Olympics

Olympic News Video: The most satisfying diving moments ❤️


Related Videos On: The most satisfying diving moments ❤️


📲 Subscribe to @olympics: http://oly.ch/Subscribe Take a break from scrolling and enjoy some of the most satisfying clips from Diving at Tokyo 2020. Which sport do you want us to do next? _____________________________________________________ 🇨🇳 #Beijing2022 replays: https://oly.ch/B22Replays 🇯🇵 #Tokyo2020 replays: https://oly.ch/T20Replays 🗞️ News from the Olympic world: https://oly.ch/News

Published: 31st Mar 2023 11:00:35   By: Olympics

Olympic News Video: 🇧🇷 🆚 🇰🇷 - Full Women's Volleyball Semifinal at Tokyo 2020 🏐


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📲 Subscribe to @olympics: http://oly.ch/Subscribe In this video, we bring you the full women's volleyball semifinal match between Brazil and South Korea at the 2020 Tokyo Olympics. This intense match was one of the most highly anticipated games of the tournament, with both teams having demonstrated their exceptional skills and teamwork throughout the competition. With a spot in the gold medal match at stake, the players put everything on the line in this thrilling back-and-forth battle. Watch as the teams trade spikes, blocks, and digs, with the momentum swinging back and forth between them. Brazil could only be stopped in the final by the dominating U.S. team. Join us in experiencing the excitement of this unforgettable match and witnessing the incredible athleticism of these world-class volleyball players. _____________________________________________________ 🇨🇳 #Beijing2022 replays: https://oly.ch/B22Replays 🇯🇵 #Tokyo2020 replays: https://oly.ch/T20Replays 🗞️ News from the Olympic world: https://oly.ch/News

Published: 30th Mar 2023 11:00:18   By: Olympics

Olympic News Video: New necessity alert 🚨 | 📹: (TT) sannioksanen


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Published: 30th Mar 2023 04:00:05   By: Olympics

Olympic News Video: LIVE Chess Qualifiers | #OlympicEsportsSeries ♟️


Related Videos On: LIVE Chess Qualifiers | #OlympicEsportsSeries ♟️


Welcome to our live stream of the final 2023 #OlympicEsportsSeries qualifying competition, where the top 8 players will earn a place at the Olympic Esports Series finals in Singapore! FIDE and Chess.com have organised a mix of open qualifiers and invitationals over three rounds, beginning 1 April. The top eight players will be invited to compete at the Olympic Esports Finals 2023 in Singapore. So what are they competing for? A spot in the Olympic Esports Series finals, in Singapore! The first in-person live finals of the Olympic Esports Series will take place during the inaugural Olympic Esports Week between 22 and 25 June 2023. The Olympic Esports Series 2023 is a global virtual and simulated sports competition created by the IOC in collaboration with the International Federations. More info on the chess qualification process: https://olympics.com/en/esports/olympic-esports-series/chess _____________________________________________________ 🇨🇳 #Beijing2022 replays: https://oly.ch/B22Replays 🇯🇵 #Tokyo2020 replays: https://oly.ch/T20Replays 🗞️ News from the Olympic world: https://oly.ch/News

Published: 29th Mar 2023 08:08:32   By: Olympics

Sports Video: ESPN's Ryan Ruocco says women's Final Four expected to 'shatter' viewer records


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ESPN announcer Ryan Ruocco gives his thoughts on the matchup between South Carolina and Iowa in the women's Final Four. For more Local News from WHNS: https://www.foxcarolina.com/ For more YouTube Content: https://www.youtube.com/channel/UCEm0gdukLIfI9P-LzLy2DIQ

Published: 31st Mar 2023 09:33:23   By: FOX Carolina News

Sports Video: LSU vs. Virginia Tech - Final Four NCAA tournament extended highlights


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A massive fourth quarter led LSU to a 79-72 win against Virginia Tech in the Final Four, clinching its spot in the National Championship for the first time in program history. Watch the full extended highlights here. Watch highlights, game recaps and much more from the NCAA Division I men’s and women’s basketball tournaments on the official NCAA March Madness YouTube channel. Subscribe now to be updated on the latest videos: https://www.youtube.com/marchmadness Connect with March Madness: Follow March Madness MBB on Twitter: https://twitter.com/MarchMadnessMBB Follow March Madness WBB on Twitter: https://twitter.com/MarchMadnessWBB Like March Madness MBB on Facebook: https://www.facebook.com/MarchMadnessMBB Like March Madness WBB on Facebook: https://www.facebook.com/MarchMadnessWBB/ Follow March Madness MBB on Instagram: https://www.instagram.com/marchmadnessmbb/ Follow March Madness WBB on Instagram: https://www.instagram.com/marchmadnesswbb/ Follow March Madness MBB on Snapchat: https://www.snapchat.com/add/ marchmadnessmbb #marchmadness #collegebasketball

Published: 1st Apr 2023 01:36:08   By: March Madness

Sports Video: San Diego State, Florida Atlantic ready for their Final Four matchup in Houston


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The Aztecs and Owls are both making their first trip to the Final Four. One will advance to the championship. More: https://www.khou.com/article/sports/ncaa/ncaab/ncaa-tournament/final-four-san-diego-state-florida-atlantic-march-madness/285-103c9389-dc6a-470b-9c45-7fabf61ca737 Subscribe to the KHOU 11 News YouTube Channel | https://bit.ly/2GCgSZ0 REMEMBER: KHOU 11+ is always streaming on Roku and FireTV! Follow KHOU 11 News on social! ➡️FACEBOOK: https://www.facebook.com/khou11 ➡️TWITTER: https://www.twitter.com/khou ➡️INSTAGRAM: https://www.instagram.com/khou11 Visit our website: https://www.khou11.com

Published: 30th Mar 2023 09:16:08   By: KHOU 11

Sports Video: Which Team Might Draft Anthony Richardson? | 03/31/23


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Dan Patrick reacts to Anthony Richardson's pro day as well as which team he thinks might draft him

Published: 31st Mar 2023 05:48:45   By: Dan Patrick Show

Sports Video: 'I'm in love with Houston' | Jim Nantz reacts to getting a key to the City of Houston


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Jim Nantz, who will call his last Final Four in Houston, talks about getting a key to the city.

Published: 31st Mar 2023 07:23:23   By: KHOU 11

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