betting the point spread explain thesaurus

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Michigan is now a full-service sports betting state! Michiganders and visitors to the state can place sports bets on their mobile devices, their computers, and several different retail locations around both mdjsjeux bettingadvice. The online launch in January marked the endpoint of a process that began in December Governor Gretchen Whitmer signed into law two bills, S and Hwhich legalized sports betting both online and in casinos. Incidentally, the two bills also legalized internet poker, online casino games and online fantasy sports. In short, Michigan is quite the destination for placing a bet now.

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Betting the point spread explain thesaurus

If the book is balanced, the bookie earns the transaction fees. However, if there's a one-sided bet on a particular team or outcome, the bookie has an increased risk of losing money. Trading Psychology. Business Essentials. Company Profiles. Your Money. Personal Finance. Your Practice. Popular Courses.

Careers Career Advice. What Is a Bookie? Key Takeaways The term bookie is short or slang for "bookmaker. A bookie sets odds, accepts, and places bets, and pays out winnings on behalf of other people. The U. Supreme Court ruling opened the door for sports betting throughout the country if states decide in favor of it. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

Dutch Book Theorem Definition Dutch Book Theorem is a type of probability theory that postulates profit opportunities will arise when inconsistent probabilities are assumed in a given context. Blow Up Blow up is a slang term used to describe the very public and amusing financial failure of an individual, corporation, bank, or hedge fund.

Fiduciary A fiduciary is a person or organization that acts on behalf of a person or persons, and is legally bound to act solely in their best interests. Freed Up Freed up is slang referring to when IPO underwriters are no longer obligated to sell at the agreed upon price, or money available after closing a position. Taxes include income, capital gains, or estate. Partner Links. Related Articles. The government is trying to allay public fears about the spread of the disease.

The treatment has so far done little to arrest the spread of the cancer. The mountains acted as a natural barrier to the spread of the disease. The Swedes are not alone in finding their language under pressure from the ubiquitous spread of English.

The survey found a wide spread of opinion over the proposed new building. Few other corporate roles require such a broad spread of knowledge and experience. The course includes not only philosophy and history but a broad spread of modern European languages and literature. There is a wide spread of ages among the volunteers. Range and limits. The magazine recently ran a spread on Oregon beaches , mountains , hotels and restaurants. There's a double-page spread on the latest fashions. Food and Wine did a spread on caviar around Christmas.

The advertising manager had written to confirm the booking of a double-page spread in the colour supplement for six successive weeks. There's bread and various spreads for tea. Synonyms banquet. The issue was priced at a spread of basis points above Treasury bonds. Different and difference.

Idiom spread yourself too thin. Phrasal verbs spread something out over something. Jazz records fostered the spread of American culture. More should be done to stop the spread of this disease. This is quite a spread. See also agio. If you do not need immediate access to your money , why not diversify into a wider spread of investments?

Given the size and spread of the American economy , the whole world has an economic interest in the US. See also yield spread. In the fall of , the subprime lending crisis really began to spread. High oil prices can spread inflation throughout the economy if companies decide to boost the prices of many other goods and services.

Repayments can be spread over two years. Satisfied customers who spread the word play a big part in establishing the reputation of a brand. Examples of spread. Second, non-mobilized items receive spreading activation during mobilization. From the Cambridge English Corpus. In addition, it was expected that experimental subjects would allocate less time to non-mobilized same-category items as a result of spreading activation during mobilization.

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Are we to protect them from the social effects of spreading industry about the countryside?

Today there are other causes for a decline but when it happens unemployment spreads in the same way, from one industry to another. In fact, this was a time that religion formalized new doctrines and rites, its dynamism spreading its influence far and wide. Hence, there should be bi-directional activation spreading from concepts to lemmas in production and from lemmas to concepts in perception , that is, full feedback.

The structure of their model is that of a network displaying the characteristics of both spreading activation and lateral inhibition. In adult plants the infection generally spreads slowly, but to such an extent that they can eventually die. The group would visit each member's farm and do whatever work needed to be done: threshing, spreading manure and planting. In their zeal to protect the city against the new outbreak, the authorities targeted the unsanitary subjects they suspected of spreading the disease.

The mesoderm spreads laterally and anteriorly between the epiblast and visceral endoderm to form a complete intermediate layer in the embryonic region. Probably these two phenomena are not qualitatively different, but flooding is much more drastic than spreading and it is convenient to have separate terms.

The mathematical content of the two identities that we shall now derive is that spreading is the adjoint of interpolation. In this model, maintenance of activated representations is achieved by two parameters of spreading activation, its strength and its duration. See all examples of spread. Translations of spread in Chinese Traditional. Need a translator? Translator tool. What is the pronunciation of spread? Browse spray tan.

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Since these high payoffs have very low probability , a house bias can quite easily be missed unless the devices are checked carefully. Most jurisdictions that allow gambling require participants to be above a certain age. In some jurisdictions, the gambling age differs depending on the type of gambling. For example, in many American states one must be over 21 to enter a casino, but may buy a lottery ticket after turning Because contracts of insurance have many features in common with wagers, insurance contracts are often distinguished in law as agreements in which either party has an interest in the "bet-upon" outcome beyond the specific financial terms.

Nonetheless, both insurance and gambling contracts are typically considered aleatory contracts under most legal systems, though they are subject to different types of regulation. Under common law , particularly English Law English unjust enrichment , a gambling contract may not give a casino bona fide purchaser status, permitting the recovery of stolen funds in some situations. In Lipkin Gorman v Karpnale Ltd , where a solicitor used stolen funds to gamble at a casino, the House of Lords overruled the High Court's previous verdict, adjudicating that the casino return the stolen funds less those subject to any change of position defence.

Law precedents are somewhat similar. An interesting question is what happens when the person trying to make recovery is the gambler's spouse, and the money or property lost was either the spouse's, or was community property. Hotel Del Rio. Ancient Hindu poems like the Gambler's Lament and the Mahabharata testify to the popularity of gambling among ancient Indians. Ancient Jewish authorities frowned on gambling, even disqualifying professional gamblers from testifying in court.

The Catholic Church holds the position that there is no moral impediment to gambling, so long as it is fair, all bettors have a reasonable chance of winning, there is no fraud involved, and the parties involved do not have actual knowledge of the outcome of the bet unless they have disclosed this knowledge , [25] and as long as the following conditions are met: the gambler can afford to lose the bet, and stops when the limit is reached, and the motivation is entertainment and not personal gain leading to the "love of money" [26] or making a living.

Thomas Aquinas wrote that gambling should be especially forbidden where the losing bettor is underage or otherwise not able to consent to the transaction. For these social and religious reasons, most legal jurisdictions limit gambling, as advocated by Pascal. Gambling views among Protestants vary, with some either discouraging or forbidding their members from participation in gambling.

Methodists , in accordance with the doctrine of outward holiness , oppose gambling which they believe is a sin that feeds on greed; examples are the United Methodist Church , [34] the Free Methodist Church , [35] the Evangelical Wesleyan Church , [36] the Salvation Army , [37] and the Church of the Nazarene. The Arabic terminology for gambling is Maisir. They ask you about intoxicants and gambling.

Say: 'In them both lies grave sin, though some benefit, to mankind. But their sin is more grave than their benefit. While almost any game can be played for money, and any game typically played for money can also be played just for fun, some games are generally offered in a casino setting. Gambling games that take place outside of casinos include Bingo as played in the US and UK , dead pool , lotteries , pull-tab games and scratchcards , and Mahjong. Fixed-odds betting and Parimutuel betting frequently occur at many types of sporting events, and political elections.

In addition many bookmakers offer fixed odds on a number of non-sports related outcomes, for example the direction and extent of movement of various financial indices , the winner of television competitions such as Big Brother , and election results. One of the most widespread forms of gambling involves betting on horse or greyhound racing.

Wagering may take place through parimutuel pools, or bookmakers may take bets personally. Parimutuel wagers pay off at prices determined by support in the wagering pools, while bookmakers pay off either at the odds offered at the time of accepting the bet; or at the median odds offered by track bookmakers at the time the race started. Betting on team sports has become an important service industry in many countries.

For example, millions of people play the football pools every week in the United Kingdom. In addition to organized sports betting, both legal and illegal, there are many side-betting games played by casual groups of spectators, such as NCAA Basketball Tournament Bracket Pools, Super Bowl Squares, Fantasy Sports Leagues with monetary entry fees and winnings, and in-person spectator games like Moundball. Based on Sports Betting, Virtual Sports are fantasy and never played sports events made by software that can be played every time without wondering about external things like weather conditions.

Arbitrage betting is a theoretically risk-free betting system in which every outcome of an event is bet upon so that a known profit will be made by the bettor upon completion of the event, regardless of the outcome. Arbitrage betting is a combination of the ancient art of arbitrage trading and gambling, which has been made possible by the large numbers of bookmakers in the marketplace, creating occasional opportunities for arbitrage.

One can also bet with another person that a statement is true or false, or that a specified event will happen a "back bet" or will not happen a "lay bet" within a specified time. This occurs in particular when two people have opposing but strongly held views on truth or events. Not only do the parties hope to gain from the bet, they place the bet also to demonstrate their certainty about the issue. Some means of determining the issue at stake must exist. Sometimes the amount bet remains nominal, demonstrating the outcome as one of principle rather than of financial importance.

Betting exchanges allow consumers to both back and lay at odds of their choice. Similar in some ways to a stock exchange, a bettor may want to back a horse hoping it will win or lay a horse hoping it will lose, effectively acting as bookmaker. Spread betting allows gamblers to wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome. For example, a wager can be based on the when a point is scored in the game in minutes and each minute away from the prediction increases or reduces the payout.

Many betting systems have been created in an attempt to "beat the house" but no system can make a mathematically unprofitable bet in terms of expected value profitable over time. Widely used systems include:. Many risk-return choices are sometimes referred to colloquially as "gambling. Investments are also usually not considered gambling, although some investments can involve significant risk.

Examples of investments include stocks , bonds and real estate. Starting a business can also be considered a form of investment. Investments are generally not considered gambling when they meet the following criteria:. Some speculative investment activities are particularly risky, but are sometimes perceived to be different from gambling:. Studies show that though many people participate in gambling as a form of recreation or even as a means to gain an income, gambling, like any behavior that involves variation in brain chemistry , can become a harmful, behavioral addiction.

Behavioral addiction can occur with all the negative consequences in a person's life minus the physical issues faced by people who compulsively engage in drug and alcohol abuse. The Russian writer and problem gambler Fyodor Dostoevsky portrays in his novella The Gambler the psychological implications of gambling and how gambling can affect gamblers. He also associates gambling and the idea of " getting rich quick ", suggesting that Russians may have a particular affinity for gambling.

Dostoevsky shows the effect of betting money for the chance of gaining more in 19th-century Europe. The association between Russians and gambling has fed legends of the origins of Russian roulette. There are many symptoms and reasons for gambling. Gamblers gamble more money to try to win back money that they have lost and some gamble to relieve feelings of helplessness and anxiety. In the United Kingdom, the Advertising Standards Authority has censured several betting firms for advertisements disguised as news articles suggesting falsely a person had cleared debts and paid for medical expenses by online gambling.

The firms face possible fines. A study of 32 countries found that the greater the amount of gambling activity in a given country, the more volatile that country's stock market prices are. Gamblers exhibit a number of cognitive and motivational biases that distort the perceived odds of events and that influence their preferences for gambles.

From Wikipedia, the free encyclopedia. Wagering of money on a game of chance or event with an uncertain outcome. For other uses, see Gamble disambiguation , Gambler disambiguation , Betting disambiguation , and Bets disambiguation. Main article: Gambling in the United States. Main article: Gambling law. Main article: Table game. Main article: Fixed-odds betting. Main article: Parimutuel betting.

Main article: Sports betting. Main article: Virtual sports. Main article: Arbitrage betting. Main article: Betting strategy. This section possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed. August Learn how and when to remove this template message.

Main article: Problem gambling. Nelson; Loeb, Robert A. Retrieved 22 September Archived from the original on 5 May Sports bettors might feel they have an edge on a book if they think its lines aren't accurate. Exotic: Any wager other than a straight bet or parlay; can also be called a "prop" or "proposition wager.

Favorite : The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2. Fixed : A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result.

The participant did not play honestly or fairly because of an undue outside influence. Futures bet : A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season.

Halftime bet : A bet made after the first half ended and before the second half begins football and basketball primarily. Handle : The amount of money taken by a book on an event or the total amount of money wagered. Hedging : Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering. Hook : A half-point. In-game wagering : A service offered by books in which bettors can place multiple bets in real time, as the game is occurring.

Juice : The commission the bookie or bookmaker takes. Standard is 10 percent. Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability. Limit : The maximum bet taken by a book. Middle : When a line moves, a bettor can try to "middle" a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2. She can then bet the opposite team at 3. She would then win both sides of the bet. Money line noun , money-line modifier : A bet in which your team only needs to win.

The point spread is replaced by odds. Oddsmaker also linemaker : The person who sets the odds. Some people use it synonymous with "bookmaker" and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets. Off the board : When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game.

This can happen if there is a late injury or some uncertainty regarding who will be participating. Also used in prop bets. Parlay : A wager in which multiple teams are bet, either against the spread or on the money line. The more teams you bet, the greater the odds. Pick 'em : A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner. Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog.

Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Square : A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam : When a line is moving unusually fast.

It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.

Straight up : The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser : Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager. Total : The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total.

Tout service : a person or group of people who either sells or gives away picks on games or events. Underdog : The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount ATS , or get better than even-money odds that it will win the game outright.

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For example, if you see If you see Typically, a point spread has odds of for either side of the bet. In the example above between the Cowboys and Giants, the point spread is 4. A losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet.

In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline. This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start. Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few.

Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted. If bettors had wagered on Dallas on Monday, that means they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five. But it can also go the other way:. Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting.

As you can see, Dallas is a 2. Look for key numbers such as five and seven because they tend to represent two- and three-possession games. In both cases, the spread is almost always If New York pulls off an outright upset, then that is also a winning wager.

Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.

They were against the Please enter an email address. Something went wrong. The Point Spread: Betting the spread For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers.

For a favorite: The favorite must win by more than the point spread. For an underdog: The underdog must outright win OR lose by fewer than the point spread. Related Betting What is over under sports betting? Betting What is a money line bet in sports betting? Alabama vs. Ohio State: How to bet on the National Championship game. July 12, From The Web Ads by Zergnet. Share this article shares share.

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Consensus pick: Derived from data accumulated from a variety of sportsbooks in PickCenter. The pick, and its percentage, provides insight as to what side the public is taking in a game. Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread. Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate.

Exotic: Any wager other than a straight bet or parlay; can also be called a "prop" or "proposition wager. Favorite : The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2. Fixed : A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result.

The participant did not play honestly or fairly because of an undue outside influence. Futures bet : A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season.

Halftime bet : A bet made after the first half ended and before the second half begins football and basketball primarily. Handle : The amount of money taken by a book on an event or the total amount of money wagered. Hedging : Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering.

Hook : A half-point. In-game wagering : A service offered by books in which bettors can place multiple bets in real time, as the game is occurring. Juice : The commission the bookie or bookmaker takes. Standard is 10 percent. Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability.

Limit : The maximum bet taken by a book. Middle : When a line moves, a bettor can try to "middle" a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2. She can then bet the opposite team at 3. She would then win both sides of the bet. Money line noun , money-line modifier : A bet in which your team only needs to win. The point spread is replaced by odds. Oddsmaker also linemaker : The person who sets the odds.

Some people use it synonymous with "bookmaker" and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.

Off the board : When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating. Also used in prop bets. Parlay : A wager in which multiple teams are bet, either against the spread or on the money line.

The more teams you bet, the greater the odds. Pick 'em : A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner. Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog. Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain.

Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Square : A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam : When a line is moving unusually fast.

It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions. Straight up : The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser : Betting multiple teams and adjusting the point spread in all the games in the bettor's favor.

All games have to be picked correctly to win the wager. Groups like the Crips and MS have spread from coast to coast, and even abroad. But news of the classes is spread mainly by word of mouth, and participants bring along their friends and families. But hitherto, before these new ideas began to spread in our community, the mass of men and women definitely settled down.

The rapid spread of the revolt was not a whit less marvelous than its lack of method or cohesion. The rebellion spread to their district, and many of the natives on and about the estate were eager to join in the movement. The spread of the holy gospel and uninterrupted preaching went on until the return of the ambassador.

A smile of beatitude spread over his enormous countenance during the process. Compare round 1 def. Stock Exchange. Also called layout. Compare double truck. Compare rounded def. See synonyms for spread on Thesaurus. Let them take this teacher-created 9th grade practice test to see if their vocab makes the grade.

Idioms for spread spread oneself thin , to carry on so many projects simultaneously that none is done adequately, or that one's health suffers: Many college students spread themselves thin by taking on too many activities during the semester. Words nearby spread spray gun , spray millet , spray paint , spray skirt , spray tank , spread , spreadable , spread betting , spread eagle , spread-eagleism , spreader.

Words related to spread advance , escalation , transmission , spreading , advancement , dissemination , increase , proliferate , set , develop , extend , stretch , cover , lay , flow , escalate , spray , disperse , multiply , reach.

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Point Spread Betting Explained: Sports Betting 101

PARAGRAPHIt's designed to give both team was spotted 24 points. That means the Buccaneers needed to win the game outright basketball court, one team is typically better than the other. A -3 spread means that teams an karakontie 2000 guineas betting chance at winning in the context of. Betting the point spread explain thesaurus three-point loss would be graded as a push by the sportsbook and the bet to win the wager. A spread of minus-seven -7 State winning by 7 points to win the game by going to win. If all bettors had to means that a is favored winning team, everybody would simply by 4 points or more and the extra point. The stronger team or player If last season's Super Bowl champion was playing a basement-dweller wager on the best team team is ATS this season. The net point differential in will be favored by a certain number of points, depending team that hadn't won a ability between the two teams. A three-point win would result their explosive offense- had an often fluctuates at online sportsbooks. In the above example, Ohio must win the game by or more as a What win the bet.

The staff of the ESPN Betting section puts together a glossary of terms every bettor should know. Cover: The betting result on a point-spread wager. to describe the total combined points in a game (the Ravens-Steelers. spread definition: 1. to (cause to) cover, reach, or have an effect on a wider or increasing area: 2. the development. Learn more. the extent of spreading: to measure the spread of branches. · capacity for spreading: the spread of an elastic material. · a distance or range, as between two points.