Fixed odds betting explain thesaurus

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If the odds are 3. Moneyline Odds The moneyline will often appear next to the spread and implied total when you look at a bet on paper or on your computer screen. These kinds of odds are most common in the United States. We can use Super Bowl LI as an example of what to look for. In between those two figures you will see the moneyline. What does this mean? When you are betting on the moneyline, you are betting on a team winning a game outright.

The odds attached to each team indicate their likelihood of actually winning the game. The Patriots are favored in the previous example, so they have the more favorable moneyline odds. You do not need a point spread in order to tell which team is favored. It is possible for both teams to have a negative symbol next to them. This means neither team is heavily favored, but more often than not one team will have slightly better odds.

Still, you are obviously betting on which team you think will win if you are putting money on the moneyline. If you see a moneyline of , it is the equivalent of 1-to-4 odds. With a spread bet, you are largely gambling on margin of victory for one team.

If you think a favored team has an excellent chance of winning a game by a certain amount or more, you place that bet. On the flip side, if you think an underdog has a good shot at winning or at least keeping it close, you can take that chance. With fixed odds, nothing about the final score matters except for which team winds up winning.

The odds are on nothing except for the outcome of the game. If you place a bet on them winning and they win, then you win, as well. What is an advantage? You determine how much you want to bet, and you know that if you pick the correct outcome, you will win some cash regardless of point differential. Unless you happen to place a bet on a sport that can see a tied result like soccer , you are also assured of an outcome.

Either you win or you lose, there is no in-between. However, when more useful products are not available, fixed odds prices provide certainty to the better, whereas the tote prices are always prone to fluctuation. Betting sites that offer fixed odds betting Fixed price betting on exchanges Fixed odds are the only prices available on betting exchanges.

Although the exchanges operate slightly differently, in that bets are matched against other punters, the exchanges use fixed odds betting. The price that you take is the price you will be guaranteed no matter how the price fluctuates after the bet. Fixed odds sports betting Fixed price odds are very common. Every sports bet is a fixed odds bet, even other types of sports betting products like line and margin bets use fixed odds.

Fixed odds application Every betting site uses fixed price odds for sports betting. It is also highly common for horse racing markets. When bookmakers offer free bets , they usually require that they are placed on a fixed odds market. When punters are trying to qualify for a bonus bet, by using a betting offer , the conditions of the promotion normally stipulate that the horse racing bet is placed on a fixed odds market.

About Bet Types is an online educational resource for users wanting to learn more about online betting.

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