Is the Betting Underdog + or – sign?
The + and – signs before an odds value are shorthand for two different betting concepts. The first is that the – sign signifies the favorite and the + sign the underdog. The second is that the – and + …
Lessons
SportsBetting3.com’s “Lessons” are short and simple guides to common sports betting topics, questions, and key concepts.
Geared towards novices and experienced bettors looking to brush up before an important matchup, our quick and easy tutorials provide helpful and efficient answers to frequently asked questions about betting.
Sports Betting Expected Value
Calculating a wager’s expected value is an important risk management tool. If you’re planning to bet on the NFL, NBA, or NHL all season, you’ll need to guard your bankroll carefully. Use this simple formula to bet strategically, identifying opportunities …
What is a Prop Parlay?
A prop parlay is a parlay bet composed of multiple prop bet selections. The sportsbook will grade a prop parlay like any other parlay bet. If all your selections are correct, your parlay bet wins. If one or more selections …
What Causes Sports Betting Line Movements?
Sports betting line movements can happen for a number of reasons. Most often, it’s because the sportsbook is trying to balance its action. When more money accumulates on the favorite versus the underdog, the sportsbook needs to make the underdog’s …
What is an Asian Handicap Bet?
An Asian Handicap bet works like a point spread. You make a bet on the expected score difference. Unlike the point spread, some Asian Handicap lines include quarter goal increments like 0.25 or 0.75. A quarter goal line means half …
What is a 3-Way Moneyline?
A 3-way moneyline adds a third side to the more familiar 2 way moneyline. Usually, the third side is a tie or draw. Based on our moneyline betting tutorial, we’ll explain how the bet works and you can place this …
+1.5 and -1.5 Run Line Meaning
Let’s quickly review what a +1.5 and -1.5 run line means in baseball betting. We’re basing this article on our more comprehensive MLB betting tutorial, which explains MLB run line, run total, and moneyline bets in more detail. Note that …
+1.5 and -1.5 Puck Line Meaning
Let’s quickly review what a +1.5 and -1.5 puck line means in hockey betting. We’re basing our response off our more detailed NHL betting tutorial, which explains NHL puck line, goal total, and moneyline bets in more detail. Sports betting …
How Football Squares Work
Football squares is a popular party game and sportsbook promotion. You’ll most likely play this game with friends on Super Bowl Sunday or for the College Football National Championship. Some sportsbooks also offer football squares as a promotion to existing …
What does “No Action” Mean in Sports Betting?
“No Action” means the sportsbook will not grade the bet, that it will neither win nor lose, and that the sportsbook will refund the player’s original bet amount or stake. The sportsbook treats this situation just like a push. It …
What are Alternate Betting Lines?
Alternate betting lines allow you to bet on different point spread or total lines in exchange for increased or decreased odds. Unlike the main betting line, or balanced line, that typically has -110 odds for each side, alternate lines will …
What Does a Push Mean in Sports Betting?
Has your point spread, total, or 2-way moneyline bet ever resulted in a “Push”? When your wager pushes, the sportsbook will return your original bet amount, or stake, to your balance. Though a push is better than a loss, …
What does a PK Point Spread Line Mean?
We’ll quickly explain what a PK point spread line is. PK stands for “Pick ’em”. It means the point spread line is 0. When this happens, the point spread basically becomes a moneyline bet. The odds indicate each side’s risk …