- Bet $100 to win $91.91 (10% juice) It's not uncommon to see other values posted other than -10. Examples seen on the NBA Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds.
- ODDS Online is easily affordable, professional-grade, and helps my trading and profits. Don and I went to junior high and high school together, and as far back as I can remember Don was always brilliant in math. He had an understanding of math and statistics most of us don't have. So when I first heard about ODDS Online.
Odds Portal - Betting Odds Monitoring Service Check the latest betting offers and compare odds from 60+ major bookmakers Follow current market trends with Dropping odds and Blocked odds, bet in-play with In-Play Odds Create a coupon and find the bookmaker offering the best odds on your multi-bet. First, choose whether you want to use Moneyline American, Fractional (UK) or Decimal (European) odds. In the 'Odds' box, type in the odds you have been given. Remember to enter then in the correct format. For 'Stake', type in the amount of money you wish to bet. Get the latest odds, spreads and betting lines from this week's games, as well as full coverage of the National Football League from USA TODAY.
The point spread - also called 'the line' or 'the spread' - is used as a margin to handicap the favorite team. For betting purposes, the oddsmaker predicts that the favored team will win by a certain number of points. This number of points is the point spread. The favorite is always indicated by a minus sign (e.g. -5.5) and the underdog by a plus sign (e.g.+5.5). If you bet on the favorite, you win your bet if the favorite wins AND their margin of victory is greater than the point spread. If you bet on the underdog, you win if the underdog wins, ties, or if the favored team wins but fails to exceed the point spread. It is standard for point spread bets in most sports that you wager $110 to win $100.
The point spread given in the table above is for the home team only. To see the odds for both teams, click on the matchup.
A money line, used in baseball and hockey, takes the place of a point spread. Money line betting is simply wagering on the contest based on a given price rather than a point spread. The team wagered on has to win the game outright, regardless of the score. The minus sign (e.g.-130) always indicates the favorite and the amount you must bet to win $100. The plus sign (e.g.+120) always indicates the underdog and the amount you win for every $100 bet. Using this example, therefore, you would bet $130 to win $100 on the favorite, while for the underdog you would bet $100 to win $120.
- Bet $100 to win $91.91 (10% juice) It's not uncommon to see other values posted other than -10. Examples seen on the NBA Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds.
- ODDS Online is easily affordable, professional-grade, and helps my trading and profits. Don and I went to junior high and high school together, and as far back as I can remember Don was always brilliant in math. He had an understanding of math and statistics most of us don't have. So when I first heard about ODDS Online.
Odds Portal - Betting Odds Monitoring Service Check the latest betting offers and compare odds from 60+ major bookmakers Follow current market trends with Dropping odds and Blocked odds, bet in-play with In-Play Odds Create a coupon and find the bookmaker offering the best odds on your multi-bet. First, choose whether you want to use Moneyline American, Fractional (UK) or Decimal (European) odds. In the 'Odds' box, type in the odds you have been given. Remember to enter then in the correct format. For 'Stake', type in the amount of money you wish to bet. Get the latest odds, spreads and betting lines from this week's games, as well as full coverage of the National Football League from USA TODAY.
The point spread - also called 'the line' or 'the spread' - is used as a margin to handicap the favorite team. For betting purposes, the oddsmaker predicts that the favored team will win by a certain number of points. This number of points is the point spread. The favorite is always indicated by a minus sign (e.g. -5.5) and the underdog by a plus sign (e.g.+5.5). If you bet on the favorite, you win your bet if the favorite wins AND their margin of victory is greater than the point spread. If you bet on the underdog, you win if the underdog wins, ties, or if the favored team wins but fails to exceed the point spread. It is standard for point spread bets in most sports that you wager $110 to win $100.
The point spread given in the table above is for the home team only. To see the odds for both teams, click on the matchup.
A money line, used in baseball and hockey, takes the place of a point spread. Money line betting is simply wagering on the contest based on a given price rather than a point spread. The team wagered on has to win the game outright, regardless of the score. The minus sign (e.g.-130) always indicates the favorite and the amount you must bet to win $100. The plus sign (e.g.+120) always indicates the underdog and the amount you win for every $100 bet. Using this example, therefore, you would bet $130 to win $100 on the favorite, while for the underdog you would bet $100 to win $120.
The over/under is the number of points oddsmakers expect will be the total score for the contest (both teams combined, overtime included). You bet on whether the total points scored will be more or less than this number. As with point spread bets, you must generally wager $110 to win $100.
Betting on a point spread or money line is sometimes called betting 'sides' - that is, betting that one side or the other will be the winner - while betting the over/under is referred to as betting 'totals'.
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Computational notes
The odds ratio (OR), its standard error and 95% confidence interval are calculated according to Altman, 1991.
The odds ratio is given by
with the standard error of the log odds ratio being
and 95% confidence interval
Online Odds Nba
Where zeros cause problems with computation of the odds ratio or its standard error, 0.5 is added to all cells (a, b, c, d) (Pagano & Gauvreau, 2000; Deeks & Higgins, 2010).
END 2ND Lehigh LEH 68 Bucknell BUCK 92
Test of significance: the P-value is calculated according to Sheskin, 2004 (p. 542). A standard normal deviate (z-value) is calculated as ln(OR)/SE{ln(OR)}, and the P-value is the area of the normal distribution that falls outside ±z (see Values of the Normal distribution table).
Literature
Reference
- Altman DG (1991) Practical statistics for medical research. London: Chapman and Hall.
- Altman DG, Deeks JJ, Sackett DL. Odds ratios should be avoided when events are common [letter]. BMJ 1998;317:1318.
- Deeks JJ, Higgins JPT (2010) Statistical algorithms in Review Manager 5. Retrieved from https://training.cochrane.org/handbook/statistical-methods-revman5
- Kirkwood BR, Sterne JAC (2003) Essential medical statistics, 2nd ed. Oxford: Blackwell Science.
- Pagano M, Gauvreau K (2000) Principles of biostatistics. 2nd ed. Belmont, CA: Brooks/Cole.
- Parshall MB (2013) Unpacking the 2 x 2 table. Heart & Lung 42:221-226.
- Sheskin DJ (2004) Handbook of parametric and nonparametric statistical procedures. 3rd ed. Boca Raton: Chapman & Hall /CRC.
