What does a +9 bet mean?

+9. The negative value -9 indicates the Giants are favored by 9 points. The positive value (+9) indicates the Jets are underdogs of 9 points. To place a bet on the favored Giants means they must win by at least 10 points to cover the spread. The underdog Jets can lose by eight points and still cover the spread.

nationalfootballpost.com - Point Spread Betting - National Football Post

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Point Spread Betting

While live in-game wagering and fantasy-style prop betting have gained ground in recent years, its still the good old football point spread that dominates each weekend. Why? Its traditionally the most fun way to bet football and its simple and easy to understand. But how is the point spread set and what do all the numbers on a football betting odds screen mean? NationalFootballPost.com takes you through the basics of the football point spread. Known as the line or the spread, it is sometimes (wrongly) thought of as what the oddsmaker thinks will be the margin of victory by one team. In reality, the point spread is set by betting experts, tested against real professional bettors and then refined based on what number they believe will encourage the same number of people to bet on the underdog as the favorite. Check the example below in an all-New York game.

NY Giants -9 NY Jets +9

The negative value -9 indicates the Giants are favored by 9 points. The positive value (+9) indicates the Jets are underdogs of 9 points. To place a bet on the favored Giants means they must win by at least 10 points to cover the spread. The underdog Jets can lose by eight points and still cover the spread. If the score is 21-10 for the Giants, they won by 11 points, which is more than nine, so they have successfully covered the spread and you have successfully won your bet. If the score is 30-24 for the Giants, they have won the game by six points, which is less than nine points so they failed to cover the spread and you have lost your bet (even though the Giants won the game). Current football odds boards will usually include the ‘juice’ component of a point spread as well, which is traditionally -110. This is the standard commission charged by a sportsbook for booking the bet. It means you pay a 10 % fee to make your wager. You get that $10 back if you win (along with your profit), but you lose it if you lose. Basically, you wager $110 to make a $100 profit. Or for smaller bettor, you wager $11 to win a $10 profit.

A typical game line would look like this:

NY Giants -9 -110 NY Jets +9 -110

How is the point spread set?

There is a little bit of art, a little bit of science and a little bit of math that goes into setting the point spread each week. And if the oddsmaker is being honest with you, he’ll tell you its a little bit of guesswork too. As soon as Saturday NCAA games and Sunday NFL games are over, you can usually find point spreads for next weekend’s games. These are ‘opening lines’ and are posted for a) early birds who want to get action right away for the following week and b) oddsmakers to get an early reading on how the betting public will react to the odds.

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Can I sports bet at 16?

In terms of sports betting, all but four states require residents to be at least 21 years old in order to take part, those being Montana, New Hampshire, Rhode Island and Washington where the age limit is 18 and over.

rotowire.com - Can you bet on sports if you are under 18 years old? - Rotowire

Can you bet on sports if you are under 18 years old?

No. You cannot legally bet anywhere unless you are at least 18 years old. Each state determines its own age requirement and there are some states with different age levels, depending on the location. In terms of sports betting, all but four states require residents to be at least 21 years old in order to take part, those being Montana, New Hampshire, Rhode Island and Washington where the age limit is 18 and over. As for gambling in general, some states may have an age limit of 18, but at casinos that sell liquor, you have to be at least 21 years old. Alabama 21 Alaska 18 Arizona 21 Arkansas 21 California 18, 21 Colorado 21 Connecticut 18, 21 Delaware 21 Florida 18, 21 Georgia 21 Hawaii 21 Idaho 18 Illinois 21 Indiana 21 Iowa 21 Kansas 21 Kentucky 21 Louisiana 21 Maine 18 Maryland 21 Massachusetts 21 Michigan Indian casinos 19, Detroit casinos 21 Minnesota 18 Mississippi 21 Missouri 21 Montana 18 Nebraska 18 Nevada 21 New Hampshire 18, 21 New Jersey 21 New Mexico 21 New York Seneca casinos 21, Other casinos 18 North Carolina 21 North Dakota 21 Ohio 18 Oklahoma 18, 21 Oregon 18, 21 Pennsylvania 21 Rhode Island 18 South Carolina 21 South Dakota 21 Tennessee 21 Texas 21 Utah 21 Vermont 21 Virginia 21 Washington 18, 21 West Virginia 21 Wisconsin 21 Wyoming 21