Ads
related to: betting on the spread example
Search results
Results From The WOW.Com Content Network
The first spread Andrews comes to for an NFL game is simple math, using the power ratings: If Team A is 90, Team B is 91 and at home with a 2.5-point home-field advantage, the line is Team B -3.5.
For example, the Australian Taxation Office issued a decision in March 2010 saying "Yes, the gains from financial spread betting are assessable income under section 6-5 or section 15-15 of the ITAA 1997". [8] Similarly, any losses on the spread betting contracts are deductible.
If you bet $110 on every underdog against the spread last season, you would have lost $930. Underdogs won outright in just 97 of 272 games last season. That is a winning percentage of under 36%.
Spread betting allows gamblers to wager on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome. For example, a wager can be based on the when a point is scored in the game in minutes and each minute away from the prediction increases or reduces the payout.
Parlay bets are paid out at odds higher than the typical single game bet, but still below the "true" odds. For instance, a common two-team NFL parlay based entirely on the spread generally has a payout of 2.64:1. In reality, however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1.
Before last season, the spread didn't come into play for 12 consecutive Super Bowls. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...