No longer do you have to be in Las Vegas to place a legal wager. There are a number of online sportsbooks that feature college football betting odds, right at your fingertips through your computer. Oddsmakers form betting odds for college football, which are based on a variety of possible outcomes that could happen during a game, season, or other factors.
A betting line is formed with bettors given an option to choose the outcome and receive a specific payout should they win the wager. Further down below here on this page, we go into some detail about the different types of college football betting lines that you can find. Betting on the point spread in college football is likely one of the most common wagers made by a bettor.
Oddsmakers will look at a game, research the two teams involved, and then come up with a number to install the spread at. A favorite and underdog are established. The favorite, the team predicted to win the game, is set with the points in which they will have hypothetically give points to the underdog.
On the opposite side, the team predicted to lose the game, the underdog, receives the points. This point spread is established to even the playing field. It is essentially saying that oddsmakers believe that the favorites are X number of points better than the underdog, and to make things even, this is the number of points the spread will be. This number is researched thoroughly by oddsmakers before officially coming out. It is by no means a random shot in the dark.
You would be surprised to find how close the oddsmakers are on the whole. But, point spreads are not made for the entire game only. In fact oddsmakers install a number of spreads for college football games, breaking the matchups down even further. A bet made on these lines work just as they would when betting on the spread for the whole game.
Oddsmakers can set down what are known as quarter lines, or quarter spreads. These are pretty much how they sound. Teams are set in the role of the favorite of the underdog for a single quarter in the game, with a spread installed.
There is a favorite and an underdog, for which the bet will be won by placing a wager on the correct team to cover the line. These quarter lines will obviously be much closer than the overall game line, but just as much research goes into a game.
Do teams have fast starts? All of these factors play into a quarter betting line. In football and basketball, the total is the combined amount of points the teams score in a game. In baseball, the total is usually between runs scored combined by both teams in a game. In hockey, the total is usually between total goals scored combined between two teams. Often the over and under are both the same in terms of one or the other being a favorite. But there are times when either the over or under is favored over the other.
This is when a moneyline comes into play. It can also be used as a different way to bet on a winner or loser. Football and basketball often have both pointspreads and moneylines. You have the choice of betting either one or both. But there are options in hockey and baseball to use either the puck line or run line. If you see the letters PK alongside the odds offered on a game, it means that there is no favorite and you should "pick" the winner of the game without the need to worry about any point spread.
Fractional Odds are popular in the United Kingdom but are also often used in horse racing. Fractional odds can also be referred to as British Odds, UK Odds, or Traditional Odds, and quote the net total that will be paid out to the bettor — should they win — relative to their stake.
Almost all online sportsbooks will offer the option of displaying their odds in the decimal format, which is sometimes known as European Odds in the UK. With decimal odds, the figure quoted is the exact amount that will be paid out if the bet is a winner.
Decimal odds are essentially equivalent to the decimal value of the fractional odds, plus one. Armed with the above knowledge, you should now have a pretty good idea of how to read sports lines. Think of it as a quick reference guide to sports betting for dummies! You can see below how to do this manually:. Offering odds that are much better for players than Vegas odds and those listed elsewhere will certainly attract more gamblers, but it can be absolutely disastrous for gambling venues if things go wrong, i.
An odds converter or odds calculator is essential if you are betting on more than one sport at once and, as we already know, almost all internet sportsbooks in let you do just that. Perms, parlays, or accumulators allow sports gamblers to mix and match several games and results onto one betting slip. But before you place the bet, using an odds payout calculator is essential to make sure you get the right price.
With so much difference between the odds-on markets at different gambling sites, using a sports betting calculator is even more important. We all know that online gambling is a great way to make a little or maybe a lot! Or are the odds stacked against you…? Give it a try! We've put together this fun little quiz to test your American odds skills. Well, it looks like you have some of the basics down but you could still do with brushing up on how odds work before you start placing any big bets.
Or maybe you just got tripped up by that genius Julius American answer!
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