What does “PK” Necessarily mean in Wagering? 

Point Spread Betting Explained

With traditional fixed odds, draws are treated as an additional outcome to the game. In other words, bettors lose when they place a wager on either team to win and the game draws. With Asian handicaps, however, the chance for a draw is eliminated by use of a handicap that forces a winner. This creates a situation where each team has a chance of winning; similar to the odds for a basketball or football spread handicap typically offered by Las Vegas sportsbooks. The English Premier League is an international phenomenon and the go-to for most sports bettors from Toledo to Thailand.

In most cases, teasers must involve 3 or more teams, and spreads and totals have half points to avoid ties. Cards are usually printed in the morning and the lines on the cards are fixed, though the book reserves the right to take the games off the board. That’s everything you need to know about the point spread in NBA, NHL, NFL and MLB sports betting. In the NHL, favorites are given (-)1.5 odds and underdogs are given (+)1.5 odds.

Here are the main bet types you’ll come across and some examples for each. It’s always a great time for those new to the game to learn the ins and outs of soccer betting. And for seasoned bettors, it’s a chance to hone your skills even further with the world’s most popular game. Regardless of where you land on the spectrum, here’s what you need to know about betting on soccer in the US.

Here’s the current list of states that have legal sports betting in some form. The futures betting market for sports is quite active, and picking the winner of the next World Cup is one of the featured attractions. Here’s what the current odds look like for the top 20 teams on the board. When wagering on the 3-way moneyline there are three options.

However, the next step in your wagering career is the point spread bet. When you master the point spread bet, you’ll be able to become a real handicapper and attain great profits. Pk’em happens when both teams are graded by the oddsmakers to be even in strength — there’s no clear favorite. The New York Jets might host the New England Patriots, and the line could be pk’em. In this case, the winner of the game, straight-up, would cover the spread. In fact, in the NFL’s 9944 games from 1980 to 2019, there were only 114 pk’em lines (1.14 percent).

In an effort to make sure each bet has a winner and loser, the oddsmakers will therefore often add a .5 to a whole number when setting the line. If you see a game listed at 6.5, this means the favorite must win by seven points to produce a winning bet. On the flip side, the underdog in the game will produce a winning bet if it loses by six points or less, or actually wins the game outright.

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