Wager Mage
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How often do moneyline favorites win in NBA? Over the past five seasons, 67.25% of favorites have been successful in the NBA regular season. Home favorites have a slightly higher success rate than those on the road, with 69% of home favorites winning compared to 64.4% of those on the road.
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Read More »The NBA sportsbooks will price up each game and on the moneyline, you get two options, you are either having a wager on the hosts to win or the team on the road to win. For betting purposes, because there are only two options, should the game finish in a tie and go to overtime then that is included in the wager, the team who wins the game outright including any overtime played. Each team will be given odds, the sportsbooks favorites will be given the negative value (-125 for example) whilst the underdogs are given the positive value (+125 for example). The favorites odds are how much you must wager to win $100, meaning odds of -125 would require a stake of $125 for you to make a $100 profit on your wager, a $125 wager would return $225, a $100 profit. The underdog odds are how much profit you would make from a $100 wager, for our example of +125, if you staked $100 and they won then you would get $100 + $125 = $225 back for a $100 profit. An easier way of understanding odds would be to convert the American Odds to Decimal Odds which are what is used on the NBA Picks page and can be done by the following calculations:
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Read More »Drake Scores $2 Million Payout After Winning Huge Bet On NFL Games.
Drake has raked in another seven-figure payout after coming up on the winning end of his latest high-stakes wager, this time to the tune of more than $2 million. The rap star, whose gambling exploits have made headlines over the past few years, scored his latest victory after betting on a three-team parlay picking the Buffalo Bills, Dallas Cowboys, and Kansas City Chiefs to win their NFL Week 4 matchups. According to the rapper’s ticket, he bet CA $394,771.80, which is approximately $287,000 in U.S. currency, on the parlay, and is due over $2 million in Canadian currency following all three teams being victorious.
Odds conversion If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds. If the...
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