What are the basic types of sports wagering?
What are the types of sports wagering?
Explain the different types of sports wagering?
Sep 4th, 2008 07:33
John Martin, Joye Thams, http://www.onlinepokerreviewdirectory.com http://www.NCAASportsBlog.com http://www.chiefcyberpicks.com
The most common type of sports wager is on the result of a single game,
known as a straight wager. One team is typically favored over another by
a pointspread; the favorite gives the underdog points as a head start,
for betting purposes only. The favorite is always indicated by a minus
sign (-3) and the underdog by a plus sign (+3). The amount of points a
customer must give or take is estimated to be the amount which will
generate equal wagering on both the underdog and the favorite. For
betting purposes, the result of the game is determined by taking the
actual score and subtracting points from the favorite`s score or adding
points to the underdog`s score. So, a favorite can win the game but lose
it for betting purposes and an underdog can lose the game but win it for
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