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Sep 27, 2024
12:41
:32
pm
RenoCoug
Truly Addicted User
That's based on if you are betting with odds, not betting the spread
Betting the spread is a little more nuanced.
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RenoCoug
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RenoCoug
Joined
Feb 15, 2005
Last login
Sep 27, 2024
Total posts
7,151 (94 FO)
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Messages
Author
Time
Could someone explain betting to me like I am a simple minded child?
kaladin58
6:21am
Yes, sounds like you have it right.
BoiseBlue
6:27am
Yes, Baylor is 2.5 point favorites and the over/under total points is 45.5
volleyjiver
6:29am
Thanks for this. I never understood it that well so that actually helps
DavisCoCoug
6:44am
I know it’s not what you are looking for but
stonecougar
6:39am
Thanks for the sunday school lesson. Just kidding. Betting is a decent way to
kaladin58
6:40am
So what’s the spread then? I mean why call it the spread instead of “the line”?
Dr MoBYU
6:48am
2 different types of bets (Moneyline and Spread)
Greg Kite's 'stache
7:17am
Thank you. Anytime I read these definitions I seem to miss salient points. That helped.
Dr MoBYU
7:44am
The casino's aren't giving out free booze for nothing. Of course it is in their
Blue for Life
8:33am
Wait a second, you’re telling me that a sportsbook isn’t running a charity
Disco Lemonade
8:56am
Sports books lose money some years. Overall they have won, but they don't always get an equal number of betters on each
HarlemCoug
9:32am
Great point they set lines to draw bets on both sides and take the 10% juice.
U2wearblue
9:48am
Some people can win. The prob is, if it’s any significant amount, they bar you
zerome4sooners
12:16pm
The house often looses. It is an art not a science and they often find themselves out of balance on a given game. They
vegasnative
2:30pm
The open is the initial posted point spread
chirocoug
7:28am
Another rule I try to live by in Sports Betting is to never bet on your own team
tamasiaina
10:06am
Disagree
Jack Teacher
2:43pm
if this is your first time betting on sports I have some sage advice:
Str8CashCougar
10:32am
Just to illustrate how the house always wins...
StantonMac
10:43am
So what your saying is the house is taking a service fee for overseeing a bet...
kaladin58
10:53am
a "service fee" but also the risk that there is heavy betting on one side
volleyjiver
11:18am
It's still the same concept. Saying the house always wins makes it seem like
kaladin58
11:45am
The house always wins, in the long run. They want to make $3 for every $100 bet
RenoCoug
12:53pm
My point is, so does Xfinity and Tmobile and AT&T.
kaladin58
12:59pm
The house doesn't always win. What happens when only 1 person bets on the game in your scenario? Books try to balance
HarlemCoug
11:18am
True. But the juice helps.
snowbird
1:18pm
This is why they prefer parimutuel wagering, like horse racing. They take the bets, pay out the winner, and take a small
vegasnative
2:35pm
That's based on if you are betting with odds, not betting the spread
RenoCoug
12:41pm
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