There currently has never been a better time to be a punter. Not only do you have thousands on top of thousands of quality online bookmakers to choose from, but there is literally an endless selection of betting platforms that you can take advantage of. For instance, in today’s betting world, you not only have the option of betting on the overall winner, but you have the option of betting on how many points that team or player will win by. If you are betting on a basketball game, you might have the option of betting on the number of fouls that a team will accrue. There really is no end, but it is the money line and point spread betting that are two of the most popular.
What Is Moneyline Betting?
Moneyline betting is extremely easy to understand. And, this is why most individuals prefer this type of bet. This type of bet simply just involves picking the winning team or player. For instance, if you are getting on a football game, you would have the option of choosing the home team to win or the away team to win. If you were betting on tennis or NASCAR, you would simply try to pick the individual that you think is going to come away with the win. Simple enough, right? It is until you start factoring in the odds.
What Are The Odds?
The odds are simply the probability of a team or player winning this specific game. Not only this, but the odds can determine how much you will make if you do come away the winner. It is also important to remember that it is the online casinos like agen bola that set the odds. Each different online bookmaker will offer different odds for various games, so you might need to do some shopping around to find the ones that are the most enticing and lucrative for you. Now, understand the odds isn’t quite as simple as trying to predict the outcome of an event. The odds of a football game may look something like this: Packers +150 / Bears – 180. This obviously means that the Packers are playing the Bears. It also means that if you bet $100 on the Packers and win, you would win $150.
On the other hand, you would need to put down $180 on the Bears just to win $100. This is because the Bears are considered the favorite and more likely to come away with the win.
What Is Spread Betting?
There is no denying that spread betting is a bit more complicated, but it is still easy enough to figure out. When you are spread betting it simply means that you will need the team that you are betting on to cover the spread, which is also set by the online bookmaker that you are betting with. Using the same teams as above, you might end up seeing something like this: Packers +3.5 (-110) / Bears 3.5 (110). For this example, you would have to bet $110 to net $100, but walking away the winner isn’t as simple as trying to predict the outcome of the game. If you are betting on the Packers, you would need them to win the game by 3.5 points. Betting on the Bears and winning would mean that they would have to lose by 3.5 or more points.