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    If you’re planning to try your hands at a budding past time, it pays (literally) to learn what you are doing. Inability to read sportsbook betting lines is just one thing that creates a great deal of confusion for bettors who have just started. Point spreads and money lines are betting terms used to indicate one team being favored over another. Out of the four major American sports, point spreads are the most frequently used forms of betting on online football and basketball, while money lines are utilized for sports like baseball and hockey, as the scoring in these games is quite limited.

    When using a point spread bet, you wager on a specific team that will win or lose by the specific amount of points. This pays out even-money minus the vigorish, or bookmaker’s take. Another major question that comes up with first time bettors is what exactly will be the vigorish, or juice. The juice will likely be 10-percent of all bets that’s the fee charged through the bookmakers. By way of example, if one bettor bets $550 to win $500 on Pittsburg and also the other bettor chooses the Cardinals, $550 to win $500, then not thinking about the outcome, the house makes $50 dollars. To put it differently, the vig is a 10-percent fee compensated to the bookmaker’s services.

    Virtually all betting sites pursue the same sportsbook betting lines regarding what comprises an official game. In football and basketball, this happens usually within five minutes of a full game, meaning football games are declared official if 55 minutes are played, NBA games after 43 minutes, and college basketball and the WNBA after 35 minutes of play. The one sport where the official game is necessary more than any other sport is baseball, as the weather can cause confusion within the betting world as a result of the unknown outcome.

    Possibly the utmost advantage of knowing the rules just before placing a bet is for all those addressing local bookmakers. Many local bookmakers have the habit of changing sportsbook betting odds and lines, based on which ruling will be the best for them. Therefore, be wary of the bookmakers and make an educated bet.

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