" The difference reflects the perceived gap between the teams. An Echo Dot that'll let you turn your smart home into an actual home assistant - and, because it's the Echo Dot, it'll be a voice assistant too. Plus, they are easy to clean. An Echo Dot that'll let you turn your smart home into an actual home assistant - and, because it's the Echo Dot, it'll be a voice assistant too. Plus, they are easy to clean. Point spread betting: the vig, a. k. a. "juice" The "vig" is an abbreviation of the word vigorish, which is what the bookmaker "charges" for accepting a wager. It's the cost of doing business and how sportsbooks keep the lights on. The vig is also known as the "juice. " The standard pricing for spread betting is -110 on both sides, which amounts to "20 cents. " This is based on the combined vig of 10 cents for every dollar on the favorite, and likewise 10 cents per dollar on the underdog. Keep in mind on a $110 wager at -110, the extra $10 is not part of the bet, which is why a winning bet here collects $210 (the $110 bet plus $100 in winnings), and not $220. Because the point spread is designed to be attractive to bettors who want to wager on either the favorite or the underdog, the value will sometimes range from +100 to -120 on each respective side, or -105 and -115, as the sportsbook attempts to entice wagers at different prices. When the price on one side of a point spread reaches -120 or higher and wagers are imbalanced to one side over another, a sportsbook will often adjust the point spread to rebalance the "action" on the bets being made. For example, Suppose a point spread opens with the Celtics favored by 5 points over the Knicks at -110. If bettors believe the Celtics are going to whoop the Knicks by more than 5, they may collectively place a larger amount on Boston. And if a lot of people are betting on the Celtics at this number, the imbalance has the potential to change the vig to -115 or -120, which may dissuade more action on the Celtics. Should wagering continue in the Celtics' favor, a sportsbook could then increase the point spread to 5. 5 points while resetting the vig at -110 to help foster a better balance of incoming bets between the favorite and underdog. There is no set rule on incremental increases or decreases in the point spread - the volume of incoming money on a pick is a key determining factor on the movement of the point spread. Lines and prices are not static - they will move in response to betting action, injuries, weather reports, and other factors that impact play on the field. The potential outcomes of a point spread bet There are three ways your wager can go if you make this type of bet. (1) The favorite covers the spread: Bettors win choosing the favorite when the favorite wins by a margin GREATER THAN the point spread. Example: The Bucks are favored by 4. 5 over the Lakers and the Bucks win 108-102, a 6-point margin. They have covered the spread, and people betting on the Bucks will win their wagers. (2) The underdog covers the spread: Bettors win choosing the underdog when the underdog wins outright OR the underdog loses by a margin LESS THAN the point spread. Example: The Cowboys are favored by 7. 5 points over the Giants, but the Giants keep the game close and lose by only a field goal, 30-27. The Cowboys have failed to cover the spread, while the Giants did cover the spread. (3) It's a "push" and the bet is voided: A push occurs when the favorite wins by a margin IDENTICAL to the point spread. When that occurs, bettors have the full amount of the wager returned to them. Example: The Ravens are favored by 1 point over the Steelers, and the game is a nail-biter in which the Ravens win 28-27, creating a margin of victory of exactly one. No team has "covered" here, and bets on both the Ravens and Steelers will be returned. An online sportsbook transaction record may call this a "voided" or "canceled" bet.The "hook" Another key term in spread betting is "the hook. " The hook is the half-point that has the potential to swing betting outcomes regardless of the whole number it follows. For example, if the Bears are favored by 3 ½ points over the Vikings and defeat Minnesota 20-17, the bettor who "gave" 3 ½ points on the Bears had a losing bet. This is because Chicago won by 3, when the Bears needed to win by 4 in order to cover the spread. The bettor who took the Vikings and "got" 3 ½ points was thus saved by the hook and wins the bet, despite the Vikings losing. There are certain "key" numbers, especially in football, where the hook makes a bet more challenging. This is evidenced by the above example with spreads of 2 ½ and 3 ½ points. That also holds true when a spread is 6 ½ or 7 ½ points or even larger ones such as 9 ½ or 10 ½ points. The connection of the point spread to the moneyline While a moneyline bet is an entirely separate wager from a point spread wager, the two are connected in terms of how the potential moneyline payout allows bettors to examine perceived gaps in team levels.As an example, if Team A is favored by 3 points in an NFL game at or near -110 or Team B is a 3-point underdog at or near -110 per $100 bet, that same game could have a moneyline status of -160 for the favorite and +135 for the underdog. The difference reflects the perceived gap between the teams. But remember, for moneyline bets the side the bettor picks has to win outright, which is a taller task for the underdog than covering the spread. When the point spread increases, the moneyline wager requires betting more money to achieve the same return, but because the point spread is designed to create betting on level terms for both teams, the value remains at or near -110 for the favorite or at or near -110 for the underdog per $100 bet regardless of the size of the point spread. In contrast, the moneyline for a team that is a 7-point favorite could be -350, while a 7-point underdog could be +285. Note that the conversion from moneyline to spread varies from sports to sport. A 7-point win in an NFL contest is not quite the same as a 7-point win in the NBA. But regardless of sport, the point spread serves as the great equalizer when betting on games!1 million views on tiktok moneyAdditionally, the city is surrounded by gambling-friendly states with numerous casinos within driving distance. In early 2021, the DC Lottery took its games online with the launch of DC iLottery for customers 18 or older. Before you get started, you might find it useful to read our answers to some of the frequent questions:Table of contents: If you are new to the world of online casinos, read the How to start guide and our detailed instructions on How to choose an online casino.
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