Nba Spread Betting Example
The more expensive side will be provided.
Nba spread betting example. That means you would have to bet 100 to win 200. We begin by taking a look at one of the most popular betting odds for nba the point spread. Chicago 8 0 110 philadelphia 8 0 110.
This means a 10 bet placed on lakers winning at bookmaker a will yield 21 and a 10 wager placed on bookmaker b on houston winning will yield 21 50. It s not uncommon to see other values posted other than 10. With a point spread line of 3 5 the lakers must win the game outright or lose by three points or less to cover the spread and be graded as a win.
Betting on the nba is different than betting on other sports like soccer or baseball as basketball tends to be a more offensive minded game with teams often trading points back and forth every few seconds. Since basketball is such a high scoring sport point spreads are far and away the most popular option when it comes to nba betting. A typical point spread betting line will look something like this.
Nba arbitrage betting requires a scan of several bookmakers to see how certain matches odds are placed. For example 220 o 115 means anyone betting over 220 will lay 115 to win 100. The 10 price is the most common value in the industry while many books offer reduced juice odds and that would fall into the 08 category.
For example a team that was a 7 favorite would likely have a moneyline negative as well say 200. Whether you re new to sports betting or a betting pro our sports betting strategy and advice page is for you. If penn state lost by 6 points or fewer or won the game they covered the spread.
The above example would be listed by the bookmaker as. Both outcomes should be of equal odds roughly 105 to 110 or 1 91. This is generally correlated to the point spread except it shows how money you can win based on your wager.