Wager Mage
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How often do NBA favorites win?

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.

How do you master a horse bet?
How do you master a horse bet?

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Who is the richest player in rugby?
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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:

Negative Odds: 1 - (100 / Odds) = Decimal Odds

Positive Odds: 1 + (Odds /100) = Decimal Odds

For our examples, the favorites would be [1 - (100 / -125)] which is decimal odds of 1.80 and this simply means that for a successful wager, for each $1 you place, you will receive back $1.80. Finally, for the underdog, the calculation would be [1 + (125/100)] which works out as 2.25 and that means for every $1 wagered if successful would return a total of $2.25.

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What does 42 mean on CB?

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Does the IRS know if you own Bitcoin?
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What does a +750 odds mean?

Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered to win $100. (e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), that amount of money would be earned on a successful $100 wager.

What does "plus" and "minus" mean in sports betting?

What does plus and minus mean in sports betting?

What does "plus" and "minus" mean as a sports betting term?

Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered to win $100. (e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), that amount of money would be earned on a successful $100 wager. (e.g. +150 means you make $150 on a $100 wager.) Money line is also sometimes referred to as “American Odds.” The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook. Assuming equal bets on both sides, the house has a built-in 10 percent cut of the action, regardless of the outcome of a particular sporting event. This juice is a way to discourage gamblers from wagering on a heavy favorite. If the Golden State Warriors are listed at –500 to win the NBA championship, a successful $500 wager would only net $100. On the flip side, the plus-minus juice can also encourage gamblers to wager on a longshot. If the Los Angeles Lakers are a +500 to win the NBA championship, a successful $100 bet would net $500.

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What is the #1 most difficult sport?

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Is Lucky 15 better than yankee?
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How do I become a sharp On bettor?
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