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Spread betting was invented by Charles K. McNeil, a mathematics teacher from Connecticut who became a bookmaker in Chicago in the 1940s. [5] In North America, the gambler usually wagers that the difference between the scores of two teams will be less than or greater than the value specified by the bookmaker, with even money for either option.
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.
Here's a look at Week 15 of the NFL season from a betting perspective, with all odds from BetMGM: Thursday night: 49ers try to stay alive The San Francisco 49ers have a 7.5% chance to make the ...
Week 15 of the NFL season is a loaded slate with all 32 teams back in action. Here are my five must bet teams against the spread & one total to bet. Our 5 best NFL Week 15 against the spread ...
Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and ...
Creating the points spread in sports betting Charles Kline McNeil [ 1 ] (16 August 1903 – 7 April 1981) [ 2 ] [ 3 ] was the inventor of the point spread in sports gambling . [ 4 ] [ 5 ] McNeil earned a Master's Degree from the University of Chicago .
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