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News from January 2010

Can You Explain What Exactly a Money Line is, With Regard to a Sports Betting Event?

Can You Explain What Exactly a Money Line is, With Regard to a Sports Betting Event? thumbnail

With a moneyline bet, the point spread is not taken into consideration when you are betting on the outright winner of the game. Instead of handicapping with head starts, competitors are given odds to win the event. Now having a look at this example, the San Francisco 49’ers playing the Kansas City Chiefs in the [...]


For Wagering Purposes, When Are Baseball Games Official?

For Wagering Purposes, When Are Baseball Games Official? thumbnail

Wagers will have action even if base ball games are not played to the end. After the fifth inning, all Moneyline wagers are official. 4.5 innings if the home team is winning. After 9 innings Total (or Runline) wagers are official. If the home team is ahead, the game will last for 8 1/2 innings.. [...]


For the Purpose of Sports Betting, When is a Game of Hockey Deemed Official?

For the Purpose of Sports Betting, When is a Game of Hockey Deemed Official? thumbnail

Hockey events do not need to complete regulation times for wagers to be in effect. After the game has been in play for 55 minutes, it is considered official for wagering purposes. On top of bets on the entire game, all wagers in the third period also include overtime results. When a shootout is required [...]


Added Games for Sports Betting Events, Want an Explanation?

Added Games for Sports Betting Events, Want an Explanation? thumbnail

Games that aren’t on the usual Vegas rotation are called added games. Lines for smaller schools are often included later because it is more difficult to find out information about them. Added games are circled, in order to offset the lack of information. They are subject to a reduced betting maximum, they cannot be included [...]


A Soccer Game Considered Official for Sports Betting Purposes Discussed

A Soccer Game Considered Official for Sports Betting Purposes Discussed thumbnail

In order for wagers to have action it is not necessary for soccer games to be a full regulation game. For gambling purposes, games are official at the 40 minute point of the second half. Moneyline wagers have three outcomes you can pick either of the teams to win, or you can pick a draw. [...]


How Does Sportsbooks Deal with Pointspread Errors?

How Does Sportsbooks Deal with Pointspread Errors? thumbnail

Any odds that are printed are subject to change; they are printed simply to inform the public. The odds that are quoted at the time of betting are accepted shall be deemed valid and will be used to determine winners, losers, and ties,however, with the exception of obvious line errors. Sportsbooks maintain a record of [...]


When do Sports Betting Games Become Official for Betting?

When do Sports Betting Games Become Official for Betting? thumbnail

For wagers to have action,games don’t have to go full regulation play. For a college and pro football game to be official for betting it must be last at least 55 minutes. For professional basketball games its after 43 minutes of play. After 35 minutes of play, in college basketball games. The first half of [...]


Sporting Events Betting Odds History and Instruction

Sporting Events Betting Odds History and Instruction thumbnail

In virtually all sports events, one competitor is the favorite, or the team most likely to win, and the other is the underdog. In order to make wagering more even, the linesmaker draws up an odds line, or the odds, such that you can bet on the probability of a competitor’s win. Odds are lesser [...]


What Does a Game Being Circled Mean in Sports Betting?

What Does a Game Being Circled Mean in Sports Betting? thumbnail

The red box indicates that the line is circled and has reduced betting limits. The line can be circled when other factors than game play are involved. (example: being hurt or weather conditions) may potentially impact the final outcome of the game. There isnt enough information to book the game and bookmakers cant balance betting [...]


Definition of Total or Over/Under in Terms of Sports Betting

Definition of Total or Over/Under in Terms of Sports Betting thumbnail

A good example would be to pretend that the game between the Indianapolis Colts and the Arizona Cardinals had a total set at 46. If the Colts end up winning 27-20, the final combined score is 47. You would win, if you bet over. If the total is the same as the final combined score [...]


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