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The underdog is always represented with a plus-number. If both teams are perceived to be equally talented, and the margin is less than 1 point, then the game will be a "pick'em," where you simply pick which team you think will win. In the example above, Ohio State is playing at home and is predicted to win by a touchdown and an extra point over Michigan, which is indicated by the The name of the game with the spread is to correctly predict which team will "cover" - not necessarily which team will win.
For a winning bet on Ohio State, the Buckeyes must win by 8 or more point while a winning wager on Michigan has two conditions: The Wolverines can either lose by 6 points or less or win the game by any margin. If the margin of victory is exactly 7 points, then this is what's known as a "push" which means the entire handle is refunded to all parties.
The concept of the money line is simple: Which team do you think will win? That's basically it except when it comes time to put up the money since that's where folks might get a little confused at first glance. Just like the spread, the minus-number indicates the favorite, and the plus-number indicates the underdog.
However, unlike the spread, a different amount of money must be wagers on both teams, and the payout is vastly different as well. Because the line is only for "which team will win," you aren't betting on a margin but instead the odds themselves, which indicates the amount needed to wager and how much you'll win if you're correct. The key to betting on the money line is knowing that favorites require more money to be "at-risk" and offer less of a payout since the perceived better team is more likely to win the game, i.
The opposite is true for underdogs because less money is required to be "at-risk" and the payout is more than what was initially wagered. The odds are relative to whatever unit size you're working with. The "total" refers to the total number of points, from both teams, that will be scored in any given matchup.
The oddsmaker predicts how many points will be scored by both college football teams and then allows the public to bet on whether the combined points scored by both sides will go "over" or "under" the number set by the sportsbook. If the total points scored by both teams fall exactly on the number set by the oddsmaker, then - like the point spread - it's considered a push and all bets are refunded. Using the Michigan-Ohio State betting line example above, we can see that the oddsmaker has set the total at 49 points.
Since a wager must be placed on whether the total points scored will be over or under to set number, a bet on the over means you believe both teams will combine to score 50 or more points while a bet on the under means you think both teams will combine to score 48 or fewer points.
The total is a bit like the point spread since it's another way the sportsbook attempts to get an even amount of action on both sides of the bet, and as a result, the payout is typically even as well - regardless of what the combined total points scored winds up being when the game ends. Understanding the different types of college football game odds is the first step to maximizing value and gaining an edge when betting on this exciting sport.
Totals Betting Odds Totals betting odds is a way to evaluate the outcome of an individual game in terms of how likely it is to end in each possible combination. While football odds can help you predict the likelihood of certain outcomes, they cannot predict everything.
Bowl Game Odds A bowl game odds chart is a way to compare the likelihood of teams winning a bowl game. These charts can be used to help determine which teams are most likely to win a bowl game, especially when there is not much difference between them in terms of talent or quality. Bowl game odds charts also give bettors an idea of what price they should pay to take a wager on each team.
Instead, the bettor pays for the winning team and collects if they win by 3 or more points. There are several advantages to betting on straight-up odds instead of spread bets. In addition, there are no fees involved with placing a straight-up bet and no handicapping involved. Despite these advantages, however, there are some disadvantages to betting on straight-up odds as well.
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