Wager Mage
Photo: Nataliya Vaitkevich
A PK or pick'em in soccer betting is essentially a point spread in which neither team is getting any points. It's also sometimes shown as +0 or -0. If the team you bet at a PK wins, you win your bet.
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Read More »A PK or pick’em in soccer betting is essentially a point spread in which neither team is getting any points. It’s also sometimes shown as +0 or -0. If the team you bet at a PK wins, you win your bet. If you bet a team at PK and they lose, your bet loses. But if the match ends in a draw, your bet is refunded, because it’s considered a push at +0 or -0 on the spread. (Spread betting is about the margin of victory; if you bet a team at +1, you’d win your bet if the match ends in a draw, and push if your team loses by one goal). Betting a PK is the same as a Draw No Bet wager, and odds posted by sportsbooks should be the same, or very close. If the teams are evenly-matched, each team will be about -110 on the PK. But if one is much better, the odds will reflect that. Let’s use Euro 2020 as an example (learn how to read American odds here if these numbers aren’t making sense). France PK is -121 against Germany, because the two teams are considered fairly even. You have to wager $12.10 to win $10 on France — if they win, your bet cashes, if it’s a draw, your bet is refunded. Same goes for Germany, but you would bet $10 to win $10.
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(Example: If the probability of an event is 0.80 (80%), then the probability that the event will not occur is 1-0.80 = 0.20, or 20%. Oct 27, 2017
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