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When you place a $1.00 point spread wager, you place the dollar bet plus 10%. You get back your original bet, $1.10, and the one-dollar payout. But if this were a true 1/1 wager, your payout would be $1.10. Built into the odds is the sportsbook’s commission, which is silently collected on every bet.
Matches/events must be played on the stipulated dates for the wagers to be valid. For re-scheduled matches played on the same day at a different time, the wagers will be valid. Continue reading Sports Betting Explained Plus Minus
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For example, sportsbooks might have a lot of exposure on one team winning a championship versus another. An even-money sports bet is listed as +100 or -100 in a sportsbook. Unlike traditional -110 wager, there’s no vigorish paid to the sportsbook. A bettor risks $100 to win $100 instead of wagering $110 to win $100. Continue reading Football Betting & Football Odds William Hill