Super Bowl betting odds explained

Football is one of the most popular sports in the United States and all across the world. Many individuals love watching it, some enjoys playing it, and many others are getting involved in the whole industry behind it- coaches, managers, scouts, team owners, stadium administrators or ticket sales representatives. All these people are waiting to one particular event that happens once in a year- the Super Bowl. Furthermore, the Super Bowl also attracts many sports bettors. These sports bettors have different strategies and include both the NFL lines and the sports odds. They are trying to predict the Super Bowl's sports scores.

Many believe that the Super Bowl betting odds are the most confusing things ever created. Sounds bad, isn't it? This is not true. If you are able to understand the rules, you will be able to manipulate the sportsbooks to pay you handsome wages by placing well-researched, high value bets. Although Super Bowl betting odds might seem complicated, there are only a few types of bets you can place.

The Point Spread
Point spread is the most popular type of betting. This bet requires you to pick which team you believe will win and how much. If they win at least that much, you win the bet. You can also pick the losing team and indicate how close they will be to the winner. You win the bet if they fall within your chosen margin. A negative sign is placed next to the name of the favorite, while a positive sign is displayed for their opponent. For example, in 2010 the Indianapolis Colts were the favorites over the New Orleans Saints by a 6.5 point spread. To win the bet, the Colts had to win by 7 point. If the Colts won by 6 or less, the bettor who bet on the Saints won the bet.

http://museummusikindonesia.com/poker-counting-different-methods/ The Money Line

It is easiest to explain the money line by betting on the team that you think will win. That's it! There is no handicapping or point spread. This type of betting has a downside. If you bet on a favorite team to win, you will get less money if your bet wins. However, placing a bet on the underdog could result in more winnings. Logically, your bets are paid out in terms of the risk you take. The more risk, the more you stand the win.

How to interpret the Super Bowl betting odds
The money line format is the most popular. Numbers are written in numbers greater than 100 and less than 100. A positive "+" sign next to the team names means that the underdog is represented. And that shows the amount you will get if you place bet in underdog and win. If you place a $100 bet and win the bet, you'll get $300. Because these bets have a lower chance of winning, they are very risky. While the number with a "-" in front of it, represents the favourite, and shows the amount you have to wager to win $100. For example, a -300 would mean you have to bet $300 to win $100 income. Since the chances of them winning are greater, this type of bets has a small risk/ reward.

Now that you clearly understand the type of bets such as the point spread and money line, and now able to read the Super Bowl betting odds, it's time to place your bets! Have fun