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You select the lines you actually want to include before viewing your bet slip, but once you’re done, you need to actually make the round-robin selection on your bet slip. If you’re looking to place straight individual wagers, you don’t have to do anything. If you’re looking to build a parlay, however, you’ll need to specify as much. Betting slips become particularly useful once you go from specific lines to actual wager types.

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The higher the total payout (i.e., the higher the decimal odd), the less probable it is for the listed candidate to win. With the point spread bet at your disposal, bettors get an opportunity to bet on any kind of match irrespective of the skill difference between both teams. Bettors wager on the difference between the number of points between two teams. For instance, let us use an example of an NBA game between the San Antonio Spurs against the Philadelphia 76ers.

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Betting Baseball Parlays Notre Dame’s schedule going forward is best described as tricky — no ranked teams but few pushovers. Given the state of the Irish through five games, anything from 8-4 to 10-2 seems like a reasonable prediction for Notre Dame. The Irish bring their struggling offensive line and uncertain quarterback situation to Virginia Tech on Saturday to face a Hokies team that is similarly challenged offensively.

Betting odds matter because they tell you how much you could potentially win on a particular wager. Learn how to read odds correctly and you will be able to calculate what your exact return will be if your bet is correct. Betting odds are determined by a number of calculations factored in by sportsbook providers. Experts in sports betting know the answer to the question, “how do odds work? ” and can use that information to decide which outcome the bookie considers more likely.

There’s also the moneyline or American way, which is where a number has a plus or minus in front of it (+200). The minus and plus signs are really important to pay attention to. Along with the number, they tell you tons of information about the bet and the match.

For more definitions of common sports betting terms, check out SharpSide’s dedicated glossary page. Knowing and understanding the importance of these key numbers can allow a bettor to make better wagers. Do note that when it comes to point spreads, the underdog number isn’t always shown. Rather, a sportsbook will most likely only display the favorite’s spread and it’s assumed the underdog’s spread is simply the opposite. Ever want to bet on an event and find yourself questioning what it means to bet the point spread? A +100 line will occur when the odds of winning or losing are relatively evenly balanced.

Sometimes referred to as ‘totals’ betting, over/under odds are a bet on the total combined score in a game. Essentially, the point spread is a handicap given by the bookmakers to bring teams to an equal footing, in that it generates interest in both teams from bettors. With the point spread odds, you’ll bet on the score difference between the two teams. Essentially, these odds show how much your profit will be based on the amount you wager. Moneyline wagers have odds attached to both the favorite and the underdog.