If even one of your bets is incorrect, you lose the entire parlay wager. Read on to see an explanation of how to read odds in any of these formats. The variations can take some getting used to, but we’ll give you a breakdown on each format of betting odds explained. ‘Betting the spread’ or ‘covering the spread’ is simply another way of describing point spread betting. NBA point spread betting is a way to evenly match two uneven teams by giving points or taking away points from each team. Betting the spread is intended to incentivize betting on both sides.

• Betting on the moneyline means that your team just needs to win the game.
• This means that the team or person is an underdog to win, which means that they are not the favourite.
• To close your spread bet you simply place an offsetting bet, so if you have a long spread betting position you would need to place a sell order to close or partially close that position.
• That team can either win the game, tie or lose by 1 or 2 points for you to win the bet.

WInning a bet marked at -220, means that you would win an extra \$100 if you placed \$220. We have put together all the key information about how odds work and how to read their different formats. A 2 way Asian Handicap such as Chelsea -1.5 & -2 means half of your stake is put on Chelsea -1.5 and the other half is put on Chelsea -2.

## What Is A Future Bet?

In fact, on point spread betting at -110, the breakeven point comes out to 52.38%. Check out this page for more math behind Betway cheltenham triumph hurdle tips Accumulator Methods for Now the vig in sports betting. Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting.

## How And Why Do Moneyline Odds Change?

The allure of buying points goes down on other sports, though. If the game ends, 1-1, then you lose your bet on Over 2.5, and are refunded your bet on Over 2 since it pushed. If the game ends with three goals or more, you would win both your bets. Totals in soccer work much differently than they do in other sports and can be shown in multiples of .25 goals. Since scoring is minimal compared to other sports, bookmakers will often set a total of 2.25, 2.5 or 2.75.