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The extra 10 cents is also known as the "juice" or "vig". Paying the extra 10 cents is like paying a tax or commission to the sportsbook for brokering the bet. For example, if you see reduced lines such as If you see It may not seem like a big deal at the time, but saving a few bucks each time over the course of the season can really help your bankroll.
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. When betting the point spread, there is almost always a winner and a loser. However, in some instances sportsbook decide to put out a whole number such as -3 for bettors to bet on. If the final score ends with a differential of three points - no matter who wins - the bet is considered a "push" and all money is refunded to both sides since neither team covered the spread.
When two teams are evenly matched, and the sportsbook can't decide which team should be the favorite, they will release PK lines which means neither team is favorite. The team you wager on must simply win the game by any score in order for your ticket to be graded as a winner.
This is a very common occurrence throughout the sports betting industry. Sportsbooks have the right to shift the spread or odds for any given match prior to it starting. Many factors play a huge role in this decision, and they include injuries, weather, the volume of bets on one side, and anything in between. Depending on the time you place your wager, the bettor may also have an advantage or disadvantage based on which way the spread has shifted.
The opposite holds true for Carolina. Bettors that were quick to pull the trigger are now laying two more points than they would if they were patient and saw the line movement before making their move. Our weekly newsletter is loaded with exclusive free picks,insight and advice from our expert handicappers.
How Does Sports Betting Work? Money lines are represented in negative and positive values. Negative money line: , , or anything similar When you see a minus - sign in front of a price, it shows you that team is the favorite to win the game. Related What does chalk mean in sports betting? Alabama vs. Ohio State: How to bet on the National Championship game. July 8, From The Web Ads by Zergnet. Share this article shares share. Most Popular. More Betting - Education and tips for beginner sports bettors.
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