How -10 becomes -10 ½ at LinesMaker

How –10 becomes –10 ½

Learn who sets bet­ting odds and how the two more pop­u­lar bet­ting sys­tems, point spread and money line, work.

Las Vegas bet­ting odds are an intri­cate sci­ence. For starters, odd­s­mak­ers do not rely sim­ply on sta­tis­ti­cal and numer­i­cal for­mu­las to come up with point spreads. In addi­tion to scru­ti­niz­ing exter­nal ele­ments like weather and locker room brawls between play­ers, Las Vegas bet­ting odds are con­cluded based on how many peo­ple are bet­ting, not nec­es­sar­ily on who they think will win the came. This presents an oppor­tu­nity for smarter gam­blers to lay down high per­cent­age bets and fat­ten their bankrolls. In order to win with Las Vegas bet­ting odds on sports, you need to under­stand four impor­tant things.

As we all know, the peo­ple who cal­cu­late the odds in Las Vegas are the Las Vegas Sports Con­sul­tants Inc. They estab­lish the odds for about 75% of the licensed sports books in the state of Nevada. Ille­gal book­ies inside and out­side of the state draw their odds from what is posted at casi­nos. The first rule with Las Vegas bet­ting odds is to under­stand them.

The bet­ting sys­tem of choice for most Amer­i­cans is the point spread, which is also referred to as the “line.” Say the New York Knicks are play­ing the Port­land Trail Blaz­ers and every­body expects Port­land to blow them out. Las Vegas bet­ting odds will cal­cu­late the line on a game to try to get an equal amount of money bet on both teams. They might cre­ate a line of –10 for Port­land, which means you win the bet if Port­land wins by more than 10 points.

A sec­ond sys­tem of Las Vegas bet­ting odds is the money line sys­tem. There are two money lines: the favorite and the under­dog. When you bet on the favorite, money line fig­ures tell you how much money you have to wager to win a min­i­mum of $100. If the money line shows Port­land –210, you have to bet $210 to win $100. This means recov­er­ing the orig­i­nal $210 bet plus $100 on top. When bet­ting on the under­dog, a money line of +140 would reveal the amount you would earn on a $100 bet. If you win a +135 bet, you win $135 plus recover your orig­i­nal $100 bet.

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