Friday, September 10, 2010

Taking Advantage of Sportsbook Betting Lines and Odds


If you wish to have maximum chance of winning in sports betting, then it is essential to understand the Sportsbook Betting Lines and odds. By knowing how to read between the betting lines, you can easily make a winning pick. Point Line is used in the point spread bets, and is usually represented by mentioning the point time next to the favorite team, wherein a (-) sign precedes the point. Total bets are placed against the total number of points that are scored in a game. One can bet on either over or under the total number of points, specified by the sportsbook. In case of Money Lines bets, the bettor selects a winner and has the choice of betting on the underdog or the topdog.
Your proficiency in reading the Sportsbook Betting Odds will help you make correct estimation of your chances to win so that you can avert making any wrong judgment. Odds are represented in different formats, mainly fractional, decimal and money line or American odds. The odds at different sportsbooks may differ according to the type of sport. With continuous research and practice, you can easily assess the chances of your win along with knowing the kind of edge the house holds on that particular type of bet.

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