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Sportsbetting - The Basics

by The Sports Girl

This is the first in a series of lessons I will be writing for the women at The Gamble Goddess. More and more women are getting involved in sportsbetting and finding that it can be very fun and rewarding. So I am here to teach you what you need to know from the basics all the way to the advanced level. I will also be on the forums with advice and tips and you can ask me questions there. So comeback often as I will be adding new information frequently.

So, you've looked at a couple sportsbooks and you want to know what they're talking about? Well, there's nothing to get intimidated about. Once you read through this you'll understand the basic bets you can place. There are a few different kinds but I'll stick to the main ones for now -  Spreads, Totals (or Over/Unders) and Money Lines.

Spreads - Spreads are the most popular form of sportsbetting there is. They may seem a little confusing at first but they are very simple. In Spreads, the team that is favored has to win by a certain amount to win the bet. For example: if Miami is playing Boston and they are favored by 10.5 points, they must win by more than 10.5 points for you to win the bet. If you bet on Miami, as long as they don't lose by more than 10.5 points you will win. Basically you are adding 10.5 points to the underdogs score at the end of the game. It's that simple.

For Spreads, you bet $1.10 to win $1.00. As well, the payout is the same for both teams. In this way it is very straight forward as you just pick one of the two teams and you win the same amount.

Totals (Over/Unders) - Totals are based upon the combined score of the game and it doesn't matter who wins. All you do is bet on whether you think the combined score will be above or below a certain level. For example, in basketball the over/under may be 180. If the combined score is over 180 you need to bet on the over. If it ends up as a tie all money is returned to the players.

As with Spreads, you bet $1.10 to win $1.00 no matter which side you choose.

Money Lines - They aren't as popular as the other two but they are the easiest to understand. All you do is bet on which team you think will win. The amount of money you win is based on how big a favorite or underdog your team is. If your team is a big favorite you might only win $5 on a $100 bet. But if they are a big underdog you could win several hundred dollars on the same bet. It should be noted that many newspapers and sportsbooks don't give you Money Lines on all sports so you may have to look around to find them

That's it for now, I'll see you next week. Good luck!

NEXT: Making Sense of the Numbers

Royal Aces - Casino and Sportsbook

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