If you could simply win $100 on a $100 bet every time the Chiefs beat the Texans, we could all get rich quickly. They can’t let the betting public just pick a winner between two uneven teams-otherwise they would go out of business in a hurry. Very rarely will two teams meet up and be considered exactly equal, which creates a dilemma for the sportsbooks. Sports betting odds are the great equalizer. The next time you walk into a sportsbook or log into your online betting account, all those different numbers are going to start looking like dollar signs.
Whether you’re just starting out or simply looking for a refresher, I’m going to break down everything you need to know related to betting lines. That has brought a host of new bettors into the space who might need a little help getting started.Ĭonsider me your sports betting sherpa in this climb to the top of Mount Everest. Sports betting has also seen a massive spike in popularity as of late, with more and more states rolling out legalized sports betting on a yearly basis. All that information can be a bit overwhelming, and no one likes to feel like they’re the only person in the room who doesn’t know what’s going on. My dad-someone who loves spending an NFL Sunday inside a sportsbook more than he loves me-didn’t know what any of the numbers meant until I explained them to him a few years ago.
If you’re new to sports betting, it can be an intimidating place.