However, you can’t write a football betting guide without mentioning the incredibly popular football accumulator. Next up in our Australian Racing Bet Types & Calculators football betting guide, we’re going to explain the different kinds of bet you can place on football. So, overall what betting platform should you use to place your football bets in 2019? As I said at the start, it’s really up to you and depends on your needs. This is great for football bettors as it means you’ll have more winnings when you land a bet. Due to how betting exchanges work, you’re going to get more valuable odds compared to a bookmaker who has to build their profit margin into the odds.
With this in mind, we’ve gone through some of the more popular boxing markets and explained them in detail below. The bigger the number next to the positive (+) sign, the less likely the sportsbook considers it that the event will happen. When it comes to betting on boxing, odds are always used to emphasise how likely or unlikely each specific outcome is to happen in the bookie’s opinion. These odds are usually listed as a number, with a plus or minus coming before it. As you handicap any team-based sport, there are standard tasks you’ll run through.
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A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager, in addition to receiving your dollar back (i.e., the amount you wagered). In other words, this is the ratio of the amount won to the initial bet, which means that you will receive your stake ($1) in addition to the profit ($6), resulting in a total payout of $7. Therefore, if you stake $10 at 6/1, you get a total payout of $70 ($60 profit + $10 stake). The Moneyline wager means you are picking who you think will win the game straight up. In the example above, the Moneyline odds on the New York Giants are +140.
As mentioned above, in order to estimate the implied probability of heads, we should divide 1 by the odds and then multiply it by 100, which in our case means that we will get 33.33%. Now, if we do the same thing with the odds of tails, eventually, we will get 66.67%. Say you bet $100 on a futures ticket that says the Raptors will win the championship. To see how much you’d win, you would multiply $100 x 14 to get a total of $1400.
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During an eclectic career as a freelance journalist, Thomas has covered all manner of sports – but soccer is his biggest passion. After freelancing for GamblingGuy for several years, we finally convinced him to join us permanently as an editor in 2015. He is an industry-leading expert on everything sports betting.
In this case, you’ll receive $16.15 back ($10 bet + $6.15 in winnings). Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100. This vig, also called sports betting juice, is the sportsbook’s commission from every bet placed on sporting events. If you’re wondering why odds differ even when a particular sporting event has the same outcome, you have to understand that sportsbooks incorporate vigorish or vig in the odds. To win the bet, the Giants must win outright or not lose the game by more than 4 points.
Since you have only one opportunity to take your welcome bonus, sportsbooks will try to lure you with a seemingly no-brainer promotion because the payout is lower. For example, you may see a welcome bonus where a $1 bet buys you the opportunity to win $100. Don’t reflexively fall for it just because it’s a low-risk wager. Low-risk also means the reward is low compared to what you could get for one of the other welcome bonuses being offered. The simplest and most common type of gambling is on the point spread – that’s the amount one team is favored to beat the other club.
Just like with how to read boxing odds,soccer odds are calculated by margins by bookmakers. Also, don’t forget that the bookmaker aims to ensure that you lose your bet. So the only way to outsmart them is to learn how to read odds in soccer betting and get acquainted with soccer betting rules. The most popular odds format varies depending on where you are betting. However, decimal odds are the most common format used around the world.