2017 NCAA College Basketball March Madness Message Board

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Pastimes : 2017 NCAA College Basketball March Madness

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To: EL KABONG!!! who wrote (226)	4/3/2017 12:55:37 AM
From: Jeffrey S. Mitchell	of 347

How to read a basketball sports betting line... for those curious like me... The first numbers on each of the two lines are the spread and over/under. We all know what those are. The second number on each line is the stake: "The other number you’ll see associated with the spread is the stake—how much you have to bet to realize a profit of $100. The most common stake you’ll see is listed as -110. This means that you must wager $110 to win $100. Note that the payout on a spread wager is not even money (1:1), as some will say. If it were, you would wager $110 to win $110. The odds are a bit less than even, standing at 0.90:1.00. That’s 10% less than even. Where does that 10% of your payout go? It’s taken by the book as part of their commission, which is also called vigorish or vig." Here is the moneyline explained: "Next, to the right of the point spread, is the moneyline. Note: some books may list the moneyline separately under a moneyline tab. But often the line is part of the odds listing. This type of bet is quite different from the spread due to the fact that no points are given or taken away and the basketball team that wins outright is the one that pays off. The way the books even the playing field is they charge more for you to wager on the favorite while offering a smaller payout and charge less to bet on the dog while providing a bigger payout." "Using the Duke and North Carolina matchup, the moneyline would have the dog Blue Devils at +120 and the favorite Tar Heels at -140. This moneyline is directly connected to the spread of 2.5. With the moneyline, a club that’s posted on the plus side shows how much you’ll win when wagering $100 and when a team is listed in the negative that tells you how much you must bet to win $100. In our example, you would wager $100 on Duke (+120) to win $120 and $140 on North Carolina (-140) to win $100." Source: madduxsports.com - Jeff

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