It isn’t as hard to understand as it may seem once you get the fundamentals of sports betting down pat. The point spread is set by the oddsmakers, with their goal being to acquire equal action on both sides.Ĭonfused? There’s no need to be. For example if you wanted to win $50, you would have to bet $55, If you wanted to win $25 you would have to bet $27.50.
Bettors can bet any amount on a -110 betting line or any line for that matter, but the return is different. Bettors have to lay down $110 if they want to win $100 when they are wagering on a point spread.
That’s because it outlines the total amount required by a sportsbook to earn(win) $100 on either side of a straight bet wager against the spread. In sports betting, the magic number is -110. What you may be wondering (especially if you are new to the realm of sports betting) is what exactly this means and how it may affect you. Do you place bets on sports? If so, you have likely heard the terms “juice,” “vig,” or “vigorish,” in the past.
