Zane Chludzinski asked, updated on February 3rd, 2021; Topic:
sports betting

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A **betting line** is a form of **betting** whereby the bookmaker handicaps a team/player to effectively make the contest 50/50. This handicap is set by creating a margin (**line**) between the two teams, in a contest where there are only two outcomes possible.

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Wherefore, what does O and T mean in betting lines?

Rumors, Lies and **What Does O and T Mean** in Football **Odds** Once again sometimes, in the event the total is an entire number, the end result might be a push. That number represents the total amount of cash that must be wagered to be able to win $100. ... This number lets you know how much you've got to **bet** to win $100.

Over and above that, how are betting lines determined? Oddsmakers lean on computer algorithms, power rankings, win totals, futures and consultants to **determine** the **odds**. Oddsmakers tweak the line based on adjustments, including injuries, weather, home-field advantage and head-to-head matchups.

Afterall, how do Odds lines work?

When a money **line** is a positive number then the **odds are** the amount you **would** win if you were **to bet** $100 and were correct. For example, a money **line** of +200 **would** mean that you **would make** a profit of $200 if you **bet** $100 and were correct. That's also equivalent **to** fractional **odds** of 2/1 and decimal **odds** of 3.

How are money line bets calculated?

Underdog: Multiply your wager by (**Moneyline** / 100), or divide the amount you want to win by (100 / (100 / **Moneyline**)). Here's another example where the **odds** are closer to 50/50. For every $1 **bet** on Darren Til, you'll win $1.02. So a $50 **bet** on Till wins $51 (50 x 1.02).

When a โ**T**โ is indicated, the number following it is the projected total for the two teams. Bettors place a **bet** on whether or not they think the total will go under or over this number. For example, a โ**T**: 40.5โ means that if you **bet** under, the maximum number of points in the entire game can'**t** exceed 40.

The **plus** (+) and **minus** (-) in sports **betting** can refer to either the **point** spread or **betting** odds. ... If you **bet** $100 on the Eagles to win at -150, you **would** net a payout of $166.70. If you **bet** on the Giants to win at +180, the payout **would** be $280 because they are an underdog.

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