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Sunday, October 23, 2005
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Wednesday, June 29, 2005
Point Spreads
Point spread bets are one of the most common sports bets. Spreads are intended to level the betting playing field between two teams. If the handicappers do their job right and choose the right spread number, there should be an even chance of winning or losing the bet taking into account the spread and a roughly equal number of bettors on both sides of the game. It is a way to even the odds and make things a little more fun.
In a spread bet, the team perceived to have less of a chance of winning will have points added to their score and the team expected to win will have the same number of points subtracted from their score. Those points are known as the point spread, and are sometimes called the line or the price.
Let's say you bet on the team everyone expects to win. Since everyone expects this team to win, it will have points subtracted from it's final score - the spread - to even things up. The team must win by the point spread given at the time you placed your sports bet. If the team you bet on still has a greater number of points than the opponent after the point spread has been subtracted from its final score, your bet is said to have covered the spread and you win.
Point spreads can go up or down at any time depending on various factors like player injuries, weather, and the like. The spread may also be adjusted if the bets coming into the sportsbooks are disproportionately favoring one side or the other. You are generally locked in to whatever the point spread was at the time you placed your sports bet.
Example of a Football Point Spread Bet
When you look at a point spread, you will see one team with a negative number and one team with a positive number. Remember, for sports betting purposes, points are subtracted from the favorite team's final score to determine if the favorite is a winner. That is why the favorite team is always listed with a negative number.
As you might expect, the reverse is true for the underdog. The underdog team is given a positive number because points are added to the underdog team's final score to determine if the underdog is a winner for purposes of the sports bet. Events that tie are considered "no action" - no one wins or loses. Let's look at an example.
Football is one of the sports that commonly use spread bets. The Oakland Raiders are playing the New York Jets. The Raiders are expected to win the game and the spread is 6. So, you see the Raiders listed as -6 and the Jets listed as +6. You place a bet on the Raiders. If the Raiders win by more than 6 points, you win the bet. If the Raiders only win by 6 points, then the game is considered "no action" and all money is returned. If the Raiders win by less than 6 points, you lose the bet.
Note that when you place point spread bets, you are generally laying 110 to win 100 (the book needs it's juice).
Try a couple of spread bets and soon point spreads will become second nature. It is a very fun and challenging method of betting.
NFL Coach of The Year
1956 NFL Buddy Parker Detroit
1957 NFL Paul Brown Cleveland
1958 NFL Weeb Ewbank Baltimore Colts
1959 NFL Vince Lombardi Green Bay
1960 NFL Buck Shaw Philadelphia AFL Lou Rymkus Houston Oilers
1961 NFL Allie Sherman NY Giants AFL Wally Lemm Houston Oilers
1962 NFL Allie Sherman NY Giants AFL Jack Faulkner Denver
1963 NFL George Halas Chicago AFL Al Davis Oakland
1964 NFL Don Shula Baltimore Colts AFL Lou Saban Buffalo
1965 NFL George Halas Chicago AFL Lou Saban Buffalo
1966 NFL Tom Landry Dallas AFL Mike Holovak Boston
1967 NFL George Allen LA Rams AFL John Rauch Oakland
1968 NFL Don Shula Baltimore AFL Hank Stram Kansas City
1969 NFL Bud Grant Minnesota AFL Paul Brown Cincinnati
1970 NFC Alex Webster NY Giants AFC Paul Brown Cincinnati
1971 NFC George Allen Washington AFC Don Shula Miami
1972 NFC Dan Devine Green Bay AFC Chuck Noll Pittsburgh
1973 NFC Chuck Knox LA Rams AFC John Ralston Denver 1974 NFC Don Coryell St. Louis Cardinals AFC Sid Gillman Houston Oilers
1975 NFC Tom Landry Dallas AFC Ted Marchibroda Baltimore Colts
1976 NFC Jack Pardee Chicago AFC Chuck Fairbanks New England
1977 NFC Leeman Bennett Atlanta AFC Red Miller Denver
1978 NFC Dick Vermeil Philadelphia AFC Walt Michaels NY Jets
1979 NFC Jack Pardee Washington AFC Sam Rutigliano Cleveland
1980 NFC Leeman Bennett Atlanta AFC Sam Rutigliano Cleveland
1981 NFC Bill Walsh San Francisco AFC Forrest Gregg Cincinnati
1982 NFC Joe Gibbs Washington AFC Tom Flores LA Raiders
1983 NFC John Robinson LA Rams AFC Chuck Knox Seattle
1984 NFC Bill Walsh San Francisco AFC Chuck Knox Seattle
1985 NFC Mike Ditka Chicago AFC Raymond Berry New England
1986 NFC Bill Parcells NY Jets AFC Marty Schottenheimer Cleveland
1987 NFC Jim Mora New Orleans AFC Ron Meyer Indianapolis
1988 NFC Mike Ditka Chicago AFC Marv Levy Buffalo
1989 NFC Lindy Infante Green Bay AFC Dan Reeves Denver
1990 NFC Jimmy Johnson Dallas AFC Art Shell LA Raiders
1991 NFC Wayne Fontes Detroit AFC Dan Reeves Denver
1992 NFC Dennis Green Minnesota AFC Bobby Ross San Diego
1993 NFC Dan Reeves NY Giants AFC Marv Levy Buffalo
1994 NFC Dave Wannstedt Chicago AFC Bill Parcells New England
1995 NFC Ray Rhodes Philadelphia AFC Marty Schottenheimer Kansas City
1996 NFC Dom Capers Carolina AFC Tom Coughlin Jacksonville
1997 NFL Jim Fassel NY Giants
1998 NFL Dan Reeves Atlanta
1999 NFL Dick Vermeil St. Louis
2000 NFL Jim Haslett New Orleans
2001 NFL Dick Jauron Chicago
2002 NFL Andy Reid Philadelphia
2003 NFL Bill Belichick Patriots
Football Bet Types
A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor.
The number of teams selected and the number of points selected determine the payout odds.
'Tie', 'NA' and 'Win' on a two team teaser shall constitute a 'No Action' wager. 'Tie', 'NA' and 'Loss' on a two team teaser shall constitute a 'Losing' wager.
Ties on a three or more team teaser shall revert to the next lowest betting bracket (Example: A tie on a three team becomes a two team teaser).
Action Reverse
'IF' Wagers Described:
'IF' wagers allow the player to make a second wager pending a win on the first selection.
'IF' wagers must be made on one call, and the second part of the 'IF' wager cannot exceed the amount of the first selection.
Example:
New York Jets -5 $110 to win $100
IF (if win, tie, or cancel)
Chicago Bears +4 $110 to win $100
If the Jets lose, the wager stops there and is scored a loser -$110; if the Jets win +$100, the wager continues to the Bears wager; if the Bears win, the wager is a $200 winner; if the Bears lose the wager is a $10 loss.
Action Reverse wagers are always double action IF bets.
Example:
Part A Part B
Cowboys -5 $110 to win $100 Dolphins -14 $110 to win $100
IF (win, tie or cancel) IF (win, tie, or cancel)
Dolphins -14 $110 to win $100 Cowboys -5 $110 to win $100
If both teams win +400
One win, one loss -120
Both teams lose -220
Push +200
Half-time Wagers
The wager is placed on the odds posted for the second half of a game only.
All wagers must go the full half for action (first half and second half).
All half time wagers are calculated the same as a straight wager unless otherwise indicated.
There are no teaser plays or buying of points on half times.
On half-time wagers, overtime periods are included as part of the 2nd half.
Future Book Wagers
A "futures" wager is a bet placed on an event that is scheduled to occur at some future date. For instance, prior to the beginning of the regular season for each major sport, odds will be established for each team to win their individual division, conference and seasonal championship.
Another type of "future" wager that has become extremely popular is the over/under wager for the total number of victories for the entire season for a given team.
Proposition Bets (Exotics)
Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight "side" or "over/under" wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below.
Props/Exotics will be offered on the more marquee games on the betting menu. These include, but are not limited to, Sunday and Monday night NFL games, various NCAA Football games, major Bowl games, and most Playoff and Championship games. There are also many other miscellaneous events that Props and Exotics will be offered for.
Examples and Definitions of Common Props/Exotics
- Which team will be the first to score?
The team that scores first in the game (touchdown, field goal or other). This bet will be taken off the board for wagering 15 minutes before the scheduled kickoff time because the coin has been tossed and the team who will have the first possession of the ball is known.
- Which team will be the last to score?
The team that scores last in the game (touchdown, field goal or other, overtime included).
- Will either team score in the first X minutes and XX seconds of the game?
- Will the first score of the game be a touchdown (overtime included)?
- Will the last score of the first half be a field goal?
- Will either team score in the last 2 minutes of the first half?
- Will the team that scores first win the game?
- Will either team have 3 or more unanswered scores?
- Will either team score 3 times without the other team scoring in between (touchdown or field goal, conversions do not count)?
- Will the longest touchdown be over or under XX yards?
- Will the shortest touchdown of the game be over or under XX yards?
- Which half will have the most points scored in it by both teams combined (overtime included in the second half)?
- Will the total field goals made by both teams combined be over/under X?
- Will Quarterback X throw an interception?
- Will the total rushing yards by Running back X be over or under X?
- Which team will have the most penalties?
- Will the total sacks made by both teams combined be over or under X?
- Will the total fumbles lost by both teams be over or under X?
- Will the total points scored by a team be over or under X?
Back
Football Betting Tips
Football Point Spreads - How to Find A Bargain
Can 3½ points be a better line than 9½ points? You bet!
Football scoring is a "numbers game" … points are added to the score in units of 2, 3, 6, 7 or 8. With this in mind, its important to realize that CERTAIN POINT SPREADS posted by the bookmaker ARE MORE IMPORTANT than others. Because a relatively high percentage of games end with a margin of victory in increments of these numbers, it's imperative that attention be paid to the most meaningful point spreads.
Well over half of all pro football games end with one of ten possible differences in the score: 1, 3, 4, 6, 7, 10, 11, 13, 14, or 17 (not necessarily in that order!)
So, the "Half-Point" move off any of these numbers can represent a significant betting opportunity.
When the Line Moves From 3
For example, a line of +3.5 is a BARGAIN compared to that same underdog at +3 … this indicates that the favored team must now score a touchdown as opposed to a field goal in order to win the game. So, in essence, a line move to +3.5 can be considered much more significant that, say, a line move from +5 to +5.5.
And, by the same logic, a point spread that moves from +3 to +2.5 indicates a RISKY BET on the underdog. These half-point line changes from a point spread of 3 can be much more significant than larger changes.
For instance, a line change from +7.5 to +9.5 is hardly worth noticing. Because football games do not usually end with a margin of 8 or 9, the move from +7.5 to +9.5 doesn't make much difference. When a team covers, or fails to cover, 7.5 points, they almost always cover, or fail to cover, 9.5 as well.
Handicapping Football with Real Numbers
To gamble on football, it's important to realize that certain scores are more likely to occur than other scores. Would you believe that only 13 different numbers represent more than 66% of all NFL football scores!
It's true! When predicting final football scores, you must take into account these REAL NUMBERS …
7, 10, 13, 14, 16, 17, 20, 21, 23, 24, 27, 28, and 31
These numbers (plus scores in the category of "Over 40") are the only real numbers worth considering when forecasting the final outcome. Always adjust your predictions accordingly.
In other words, say you've forecast the Titans over the Rams by a score of 30-26 … this score probably won't happen! Adjust your numbers to a score with a higher probability of occurring … say, 31-24 or 28-27. Now you are dealing with a point spread worthy of consideration.
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