Why Comparison Shop Betting and Gambling Odds?
Corporate Gambling is out to get you and take your money. We here at SGPN are here to help you take the money from Corporate Gambling! You wouldn’t buy something from the grocery store without a little comparison shopping, so why are your betting and gambling odds any different? We want you to take a look at the odds across multiple sportsbooks, find the best odds for the action you want to bet on that day, and LET IT RIDE!
With SGPN, you have a partner, ally, and crew in your corner as you take on Corporate Gambling. When you step into the ring, we are right there with you, bobbing, weaving, and sweating every bet from start to finish. When your amazing NFL Preseason bet hits at 2:00 am, we jump up and celebrate with you. Sure, other sites provide odds comparisons, but those are mega-corporations and conglomerates. SGPN is an independent content company looking out for you, Degen Nation.
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How To Read Sports Odds
Step one to being a successful sports gambler is knowing how to read sports odds. For beginning sports gamblers, looking at the giant betting board filled with numbers representing all the sports gambling odds can be intimidating. Understanding prices, odds, and what they mean for your potential bet is key to being a successful sports gambler.
What Are American Sports Odds?
If you’re betting in the United States, your odds will be displayed in American fashion. This will most likely be a three-digit number with a plus or minus in front of it. Example +165, -170. This is the simplest form of sports gambling, where you’re betting on one team to win. +165, -170 prices like these are often referred to as the money line.
What Does The Plus And Minus Mean In Sports Gambling?
It’s pretty simple if the price is listed as +165, that means you bet $100, and you would then win $165. If you were at a sportsbook and you gave them $100, you would then get back $265. Your original $100 bet and an additional $165 for your win. A bet with plus odds is considered an underdog in sports gambling.
A bet with negative odds, a minus in front of the number, is considered the favorite. If you see a bet you like listed as -170, for example, that means a bet of $170, you would win $100. In this example, you would give the sportsbook $170, and if the favorite won the game, you would get $270 back. Your $170 original bet and $100 for the win.
What Is Spread Betting?
In money line betting, you’re simply betting on which team will win. With spread betting, you’re betting on how much the team will win or lose. In the sports odds listed above, you’ll often see a plus or minus number next to a team. That is the spread. For instance, the Philadelphia Eagles have a (-6) next to them, and the Dallas Cowboys have a (+6).
That means if you bet on the Eagles, they would have to win by more than six points for you to cash your bet. If you take the Eagles (-6), often referred to as laying six, and the Eagles win 24-10, you win your bet. However, if the Eagles win 24-21, then you would lose your bet because they only won by three points. If the Cowboys somehow won the game outright, you would also lose your bet. If the Eagles won by exactly six points, for instance, 26-20, then that bet would be graded as a push. A push means you don’t win or lose money. If you gave a sportsbook $100 for your ticket, you would get $100 returned.
What Is The Price On A Spread Bet
The price on a spread bet is usually (-110). So in the above example, if you bet $100 on the Eagles (-6) at (-110) and they won 42-7 you would win your bet. The $100 ticket would cash for $190. You get your $100 original bet back, and you get the $90 you won on the Eagles. It’s $90 because it’s priced a $100 bet priced at (-110). (-110) is the default for most spread bets, and that -10 is how the sportsbooks earn a profit. You are hoping to get equal action on both sides so they can collect their 10%.