Why are bookmakers betting on great white sharks?

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The Role of a Matched Betting Calculator

If you want to wager $100 on the Knicks to win, you would type -120 in the American Odds section of our moneyline calculator and 100 in the Bet Amount ($) section. Used mostly in the United Kingdom and Ireland, fractions quote the potential profit if the bet succeeds, relative to the stake. Decimals quote the potential return if the bet succeeds, relative to the stake. But there’s also a fourth- implied probability – that is also useful when evaluating a bet or checking how likely an outcome is. We set the bet amount to $100, but you can enter any amount you want as long as your bankroll can handle it.

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When you see that number, you’re praying for more than 6 goals if you bet the OVER, or hoping for five or fewer if you bet the under. This means whether the underdog wins or loses, you have the chance to walk away victorious. Betting on the NHL point spread means the favorite must win by at least two goals to cover the puckline hockey spread, or the dog can lose by one goal and still cover the puckline. For moneyline NHL odds, negative and positive values are attached to favorites (-180) and underdogs (+160) — think of it as 100 sitting in the middle of these two values. Keep tools like our NHL consensus and computer picks close at hand — they contain vital handicapping data and give you a leg up on the competition.

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Get 50 free Spins on first deposit

Convert between decimal, fractional, and American odds formats. Calculate optimal lay stakes for qualifying bets and free bets to guarantee profits or minimize losses. Start tracking live BFB247/Orbit Exchange activity and discover where favorable odds are happening. Just pure betting data to help the community learn and improve.

  • Over the last 10 years, the eventual Cup champion has had average opening odds of +1180.
  • Some sportsbooks will return your wager in credits.
  • This rivalry goes back to the early ’90s but it reached a fever pitch between 2015 and 2018 when the Penguins eliminated the Capitals from the playoffs twice.
  • This also extends to promo plays, so you’ll be able to see how much you’re really making from boosts, reloads, and risk-free setups over time.

DraftKings’ high ratings for its iOS and Android apps are well earned as the team at DraftKings has built a powerhouse. Track line history, statistics, rankings, game logs, and injury reports, too. We recommend reading the full previews from our football handicappers, as they explore each matchup with NFL teams who are hot, starting quarterbacks, and other expert analysis which is vital in making wise wagering decisions. NFL free oddsmatcher scores aren’t just a way to notify you with regards to the status of your favorite team’s action tonight.

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Conversely, an over bet on the same total indicates you expect a higher-scoring affair than the books predict. On the other hand, a positive value on the same game (+11.5) means the underdog starts with an 11.5-point lead before the game even begins. For example, a negative value (-11.5) next to a football team means that they are favored by that many points. But, the more profit you’d get if your underdog bet happens to cash.