It won't be long until NS residents will have access to some of the best sports betting sites in Nova Scotia. It obviously wins over 50% but that is not what makes a good play. As an added bonus, bettors can also claim welcome bonus offers at multiple sportsbooks, allowing them to instantly double their bankroll at qualifying sportsbooks. Sports spread betting strategies sports spread betting. Washington: +4 (-110) In this case, the spread is 4 points. thegame-play history associated with the Player Account. How To Earn A Profit From Point Spread Betting. Be sure to also check out the NFL Season Schedule Grid to view all 32 teams in a printable grid format. While most point spread bets have equal odds for both outcomes, there are times when the odds will be slightly offset as well. In baseball, the halftime point spread is called the five-inning run line. the Intending Player must submit true, complete and accurate information when providing registration information. This website is for the use of adults in the Province of Ontario, Canada. Bettors would pay 10 percent (aka juice) to the sportsbook, which is essentially a fee for brokering the wager. in . In order to be a money maker OLG, or anyone acting on behalf of OLG, shall be entitled to contact a Player with respect to any matter contemplated in this Agreement by using any of the Player Contact Details(including by way of email or telephone). Sign up for multiple sportsbooks To win a point spread bet, the selection must win or lose by a certain margin of victory. Unravel the online betting sites in Alberta. parlay options have two entries : 2 and 2Box, and 6 and 6Box. As a result, a point spread bet requires teams to win or lose by a margin of victory in order for the bet to be settled as a winner. To double check : if we made the play 100 times (total invested 100) we would get back 56.2 * 1.78 = 100 for even. POINT SPREAD Payouts 1.25 2 5 10 20 35 75 150 300 400 20 600 30 1000 50 10 1* 2 of 2 3 of 3 4 of 4 5 of 5 6 of 6 7 of 7 8 of 8 9 of 9 10 of 10 9 of 10 11 of 11 10 of 11 12 of 12 11 of 12 10 of 12 * This is only possible if all but one (1) of the selected Events are deemed by the Corporation, in its sole discretion, to be incomplete or a Push, I've broken this down into four sections. The NFL Spread Calculator shows you the probability that a team will cover an alternate point spread based on a historical database of NFL games. You may think that this is an unlikely players work this out by themselves or have the strategy pointed out to them. Point Spread vs. Money Line Betting Point Spreads are expressed as a plus (+) for the underdog and a minus (-) for the favourite. two A Player can forfeit Bonus Funds at any time by contacting Player Support. In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline. When bettors make a point spread bet, they have to accept some juice from the sportsbooks. When betting on the run line, a team must win by two runs or more to cover the -1.5 run line. Payout if wins = $50, 12H - 13H - 14H for $10. If a Playerwhowants to playGames (other than Play-for-Free Games, Sports Betting Games Played Onlineand Draw Based Lottery Games Played Online)has both Bonus Funds and Unutilized Funds in their Player Account(regardless of whether the awarding of the Bonus Funds preceded or followed the credit of notional funds to the balance of the Player Account, whether resulting from a deposit of funds with OLG by the Player or the winning of a Prize by the Player), theUnutilized Fundswill be used first to play theeligibleGames until all of theUnutilized Fundshave been utilized, following which time theBonusFunds will be used. In some sports, like baseball and hockey, the point spread may go by a different name. will automatically calculate the point spread payout for each bet. For fans that want to bet on basketball, point spreads offer a chance to cash in on odds for their favourite teams. In addition, OLG may, at any time in its sole discretion, request additional informationand documentationfrom a Player for this purpose. You lose the money that you placed on that bet. The point spread evens the field in a way that bettors will bet on either team. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-TL53QT8" height="0" width="0" style="display:none;visibility:hidden"></iframe> A Player is not restricted from accessing their Player Account during the time it is a Dormant Account. OLG shall have the right todeactivate a Player Account at any time inits sole discretion(aDeactivated Account). 128.00 Make custom bets with #NameYourPlay and Props Builder options, Early Game Lines and Competitive Point Spreads. Youcan betanytime, anywhere, on any device! Ifa Prospective Player, Intending Player,or a Player does notagree with any of the terms and conditions of thisAgreement,the individual(i)isnotpermittedtoregister an account withOLG.ca, and (ii)ifthe individualalready hasa Player Account (as defined in Section2below),they arenot permittedtolog intotheirPlayer Accountandplay anyGamesor purchase any products that are offeredonor throughOLG.ca. But because they are solid plays they serve to highlight very well the improvement that can be achieved by setting up the parlays as efficiently as possible. That same bet on a leading online sportsbook, with odds (American) of +110, -160 and -145 will give you a payout of $57.66! So, the -110 indicates that a bettor must risk $110 to win $100. On the other hand, teams that are favoured to win the game can offer little-to-no value when betting on them to win on the money line. Jacksonville Jaguars at Tennessee Titans: 44.5. While thats the easiest way to calculate a point spread payout, there are times when bettors will want to calculate their payouts manually. To sign up to Bodog and claim your bonus offer, click below. Notice how the payout odds per game, and as a result the required win PC or break-even point, changes depending on the In the example above between the Cowboys and Giants, the point spread is 4.5 points, while the odds are -110, meaning you would have to wager $110 to earn a profit of $100, or a profit of $0.91 for every dollar you bet. In MLB pointspread I box games even more. Below, well use an example of an NBA game to explain how basketball point spreads work and how to calculate the payout of a point spread bet. 2 Team Point Spread Bet N/A Visit our website for more information! Neither OLG nor any of its employees, agents or service providers shall be liable for any loss incurred by a Player that results from any Error, including any loss of winnings that results from a forfeiture thereof by the Player as a result of the Error. 13.28 Must be 19 years of age or older, a resident of Ontario located in the province at the time of registration and a first time OLG.ca Player Account registrant. While the point spread for NFL games is usually fairly low, there have been some lopsided matchups. N/A 0.39% Dallas Cowboys at Washington Football Team: 48.5. Reference is also made to Section16.3. Information may be changed or updated at any time without notice. I'm going to demonstrate our revised playing strategy with an example. Best Sites For Point Spread Betting In Canada, Reading a point spread can be confusing for sports fans that have never bet on the game. When making point spread picks, the. **, OLG Rules Respecting iGaming Lottery Games. Collect your winnings. A Player has the option of enabling Multi-Factor Authentication as an additional verification factor to access their Player Account along with the use of a Players Username and Password. This means they need to win by more than 6.5 to beat the spread and win the bet. I could go through the math here but it would take a bit of time and my program will spit out the final answers quickly. If you worked your way through the last section then congrats, that was the most important part and we're almost at the end. As the sportsbooks begin to adjust, edges against the spread tend to disappear over time. Sometimes a sports book will let you buy a half point off the spread for total. In this case, winning by eight points would constitute a push, which would give bettors their money back on a point spread wager. teams per ticket. In the chart below, well compare the OLG point spread payouts with point spread payouts from the, One of the best point spread betting sites, Bodog offers competitive game lines and point spreads for all sports. BETTING: FANTASY : Live Odds. $696 In the chart below, well assume that each bet comes with the standard -110 or 1.90 odds and that each outcome has an equal 50 percent chance of winning. You consent that OLG, and itsthird-partyservice providers, can collectpersonal information asdefined in the OLG Privacy and Cookie Policy. Competitive odds for game lines, props, and futures markets in all sports Puck line betting gives hockey fans access to increased odds, which can make it an attractive betting option. Point spread payouts depend on the odds that are associated with the point spread for both sides. This will of course not usually be the case. by. If you have a few games that youd like to wager on and want to see how a payout changes by adding or subtracting games, feel free to play around with our odds calculator to help you learn how odds work. In addition to halftime lines, the best online sportsbook also offer point spread betting options for every quarter. 4,474.51 OLG may, in its discretion, refuse a withdrawal requestifOLGsuspects such withdrawal is madeinbreachof this Agreement(whether or not such violation is a Material Breach). Not proline, not offshore, and not even pointspread in other provinces. 5 Team Point Spread Bet But trust me on this, if you play a lot this little trick will make you extra money over the course of the year. Let's say you have bet on the underdog to cover the spread. Strangely enough, whether or not something is a good play, the answer can change depending on the payout structure and taking advantage of the opportunities it offers. Notwithstanding anything to the contrary contained in this Agreement, OLG will deal with a Player's money that has been deposited with OLG as a trustee, and nothing contained herein shall create or give rise to any obligation on the part of OLG to repay any money to the Player as the Player's debtor. them into my ParlayMaker program. Next, members will need to enter the amount of their wager. The model, which simulates every NFL game 10,000 times, is up almost $7,600 for $100 players on top-rated NFL picks since its inception six-plus years ago. A Player will not be entitled to specify any other payment method or currency of payment for a withdrawal. To sign up for Bodog and cash in the best sports betting odds, points spreads, and bonuses, click below. He uses a combination of advanced stats and historical data to create sports investment models to identify value and generate consistent profits. It is, in essence. For example, a slow Internet connection could adversely impact the performance or operation ofOLG.ca, oran outdatedweb browser orthe settings on aPlayer'scomputer could cause some or all of the content ofOLG.ca to display incorrectlyor to fail to display. retain any or all of a Player's Unutilized Funds to the extent necessary to compensate OLG for its actualand/or potentiallossesand liabilitiesresulting from such breach. in the case of Sports Betting Games Played Online, the Intending Player must comply with the provisions of paragraphs 5(a), (b), (c) and (d) of Section 14.5 each time the Intending Player plays any of the Games. Point spread betting works a little bit differently, depending on the sports. Seattle Seahawks at . For sports fans that want to win big, combining two or more point spread selections into a parlay bet can generate a bigger payout. $33,685 in a boxed game to all 7-teamers, even if there are no push lines, in case If that debit results in a negative balanceof Unutilized Fundsin the Player Account,the amount of the negative balance will constitute a debt owed by the Player to OLG, andOLG reserves the right to recoversuch amount from the Player; Deactivate the Player Account and exclude the Player from playing Games onOLG.ca(i.e., deem the individual to thereafter be an Excluded Individual);or. Meanwhile, in hockey, bettors can wager on the puck line in every period. of 56.2 the answer is now yes. The point spread, moneyline, and Over/Under are the three most common ways to bet on the NFL. Call1-866-531-2600or go toConnexOntario.ca. Then, they use point spread odds to their advantage to find opportunities to apply that edge sport or event. In the chart below, well compare the OLG point spread payouts with point spread payouts from the new sports betting sites in Canada. Use __construct() instead. initiate a dispute resolution process with the relevant bank or financial institution, which may include OLG providing evidence relating to the deposit transaction and/or Chargeback to a payment processing service provider and/or a bank or financial institution. 92.42 In 2021-22 the OLG generated $293 million in revenue from the OLG's sports betting options and only paid out $198 million in prizes. Cashback on Total Stake Sign Up Sports Bonus. they came up with it I have no idea but you can take advantage of its 2,343.79 0.78% Implied Probability Percentage In the event thatany action that is prohibited by this Section14.4occurs, OLG (in its sole discretion)may deem it to be an Error for the purposes of this Agreement, and, in addition to this Section14.4, Section15.1shall also apply in respect thereof. Odds coincide with the implied probability of winning Subject toSection3, the Pay-to-Play Game Rules are incorporated into and form part of this Agreement; Playermeans an individual(for certainty, other than anindividual who is or becomes anExcluded Individual)who has successfully registered a Player Account that has not beenSuspended,Deactivated,orClosed; Player Accountmeans a Player's accountof notional funds corresponding to Canadian dollars that ismaintained on the iGaming System, and also includes the Player's registration information, deposit and withdrawal transaction history,andgame-play information that the Player can access throughOLG.ca from time to time; Player Contact Informationmeans a Player's contact information that is associated with a Player Account and stored in the iGaming System at the relevant time including, for example, the Player's name, e-mail address, mailing address and telephone number; Player-Initiated Transactionhas the meaning specified in Section10.1; Play-for-Free Gamemeans any of the free games made available throughOLG.ca from time to time thatcontainsomethe features ofalottery schemefor purposes of theCriminal Code(Canada) butdonotafford a chance to win a Prizeor require any payment to play; Player SupportmeansOLG.ca'scustomer support services, which can be contacted in accordance with Section18.1; Prizemeans a prize won by a Player from a Game in accordance with the applicableLotteryGame Rulesor Pay-to-Play Game Rules; Prospective Playermeans any individual who visitsOLG.ca but is not a Player; Responsible Gambling and My PlayBreak Policymeans the OLGresponsiblegambling policy relatingspecificallyto OLG.ca, as amended or replaced by OLG from time to time. As examples only, Errors may include: OLG reserves the right to correct any Error in the manner that it deems appropriate in the circumstances, and OLG's decision shall be final and binding. Common to sports like football and basketball, point spreads set a handicap to equalize the wagering odds for both sides of a contest. When it comes to betting against the point spread, the, In the NHL, point spreads come in the form of puck lines. In the NHL, most teams tend to pull their goalies when trailing late in a contest, opening up a free opportunity for an empty-net goal. In the MLB, point spreads can be found in the run line section of most sportsbooks. 8,542.25 has sort of become an accepted rule, and A -110 line on either side is like paying a tax or commission to the sportsbook. 13.28 Cash in on the best odds and game lines Below, well help sports fans understand what it takes to win a point. , point spreads keep the game interesting even in a lopsided matchup. Any OLG reserves the right to revisethisAgreement from time to timein such manneras OLG, in its sole discretion, determines to be appropriate. 14.35% Run line betting is fairly common in baseball, especially when betting on heavy favourites. Take a look at the odds for the games involving Top 25 teams in Week 5 of the season, courtesy of Tipico Sportsbook. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. New members can sign up to Bodog Sports to receive a welcome bonus offer of up to $400, plus 50 free spins. Winning tickets can be paid shortly after the completion of the final event/market on the ticket! For example a 3 team parlay pays the same with or without an additional game boxed in. The problem is that the rotation used is in itself a huge error and changing to something like a 4 of 6 or a 5 of 6 The query length is limited to 70 characters, One of the most popular ways to bet on sports, point spread betting offer sports fans a chance at achieving consistent returns by offering equal odds for both sides of nearly any sports event. As we noted earlier, it takes a winning percentage of about 53 percent for point spread bettors to earn a profit. this trick also works with 7 team parlays, which could reduce to 6-teamers or 6-teamers+box. 256.00 In the example above, bettors can receive 1.92 odds for betting on the Utah Jazz to win by eight points or more against the Atlanta Hawks. Favourites (-) Examplesof Pay-to-Play Games include Sports Betting Games Played Online and casino style games such as roulette and slots; Pay-to-PlayGameRulesmeans the terms, conditions, explanations, rules and procedures (for example, how a Prize is won, the value and odds of winning Prizes for an individual Pay-to-Play Game, the Prize tiers within a Pay-to-Play Game) issued by OLG from time to time (in addition to this Agreement) which apply to a particular Pay-to-Play Gameand which aredesignatedby OLG as Pay-to-Play Game Rules. Without limiting the foregoing, and by way of example only, OLG maySuspend a Players access to their Player Account if it suspects that the Player has improperly initiated a Chargeback or has committed any breach of this Player Agreement, applicable law, Lottery Game Rules, and/or the Pay-to-Play Game Rules. Number of Point Spread Selections When the odds are negative, the amount you see is what would need to be staked in order to win $100. Number of Point Spread Bets The access or use ofOLG.ca other than in accordance with the terms and conditions of this Agreement is strictly prohibited. Simply click on the odds for the selection to make a pick and it will be added to the bet slip. Eachtime a Player uses a credit card, Visa Debitcard or Debit Mastercard to make a deposit with OLG for purposes of fundingthe notional balance ofa Player Account or for Direct Pay,theywill be deemed to represent and warrant to OLG thatthe Player has all necessary rights and authority to use such credit card or the funds in the relevant bank account for such purposes, including in circumstances in which the credit card or bank account is jointly held with one or more other personsor is held by a person other than the Player. Payout if wins = $40. However, Pro-Line point spread payouts simply dont offer the same value as the best online sportsbooks. A Player can change theirpassword at any time bygoing to theMy Account or Account Informationpage. the applicable Lottery Game Rules and Pay-to-Play Game Rules; the Responsible Gambling and My PlayBreak Policy; OLG Internet Gaming Privacy and Cookie Policy; any applicable website user agreement; and.
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