Parlays have higher payouts because the likelihood of winning decreases with more bets put on a parlay card. The under means you bet on them scoring less than 48 total.Īnother option to bet is a parlay, which is making two or more bets on a single ticket. If you take the over, you’re betting that the two teams will score at least 48 points. Let’s say the Cardinals vs Panthers over/under is 48. Then there’s the under/over bet which means you are not betting on any specific team but the final score of the game. If you put $10 on them, you would only win $6. Patriots are -160 favorites therefore the odds in a money line bet are not as good.

If you put $10 on them and they won, you would win $14. (The favorites are more likely to win so payouts are less).įor example, the Broncos are +140 money line bet, meaning they would have to win the game for you to win the bet. This is beneficial if you think the underdog will win as the payouts are bigger.

Conversely, Broncos can lose by three points and you would still win.Īnother way to bet is to go with the money line bet, meaning you bet on a team to win straight up, without a spread. This means the Patriots would have to win by three or more points for you to win.

Favored teams always have a minus in front and the underdogs have plus. The spread is the number sports books think a team will win/lose by.įor example, if the Patriots are -3 (favored by three points) vs Broncos. This example applies to most sports but we used football as an example.

What does 3 mean in sports gambling