Gamble, chance, stake, venture, hazard, speculate, punt (chiefly Brit.), wager, put money, risk money, pledge money, put your shirt I bet on a horse called Premonition. Imagine, expect, suspect, assume, guess (informal, chiefly U.S. & Canad.), fancy, deem, infer, deduce, conjecture I bet you were good at games when you were at school. Fantasy betting is a form of sports betting where users bet on the outcome of fantasy sports competitions. Fantasy competitions award points based on every statistic of a particular sporting event. To participate, you assemble and manage a team based on player rankings and sometimes using a.
In response to a statement. Slang for Fa sho, which is slang for For sure; which means Sure or Okay. (Derived slang from the 1980's.). Black Entertainment Television (BET) is an American pay television channel targeting African American audiences. It is owned by the ViacomCBS Domestic Media Networks unit of ViacomCBS and has offices in New York City, Los Angeles, Chicago, and was formerly headquartered in Washington, D.C. Betting: Is it smart to hedge? February 26, 2021, 10:34 PM Jared Quay, Preston Johnson & Matt Moore of the Action Network discuss whether it is smart to hedge or middle a bet.
Raymond James Stadium in Tampa, Fla., will host Sunday’s 2021 Super Bowl between the Tampa Bay Buccaneers and Kansas City Chiefs. Annually the biggest betting event on the sports calendar, action is expected to reach an all-time high with the spreading legalization of online and mobile sports betting. Below, we’ll look at the best ways to bet on Super Bowl 55 with odds and lines for the Chiefs-Buccaneers matchup.
Also see:
Chiefs vs. Buccaneers odds, picks and predictionHow to watch the 2021 Super Bowl2021 Super Bowl money line (ML)
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 3:42 a.m. ET.
Chiefs: -160 (bet $160 to win $100) Buccaneers: +135 (bet $100 to win $135) Bet now!
A Bet Is A Bet
The Super Bowl money line simply asks for which team will win the game. Kansas City is favored at -160 with an implied win probability of 61.54%.
The Buccaneers’ implied win probability is 42.55% as +135 underdogs. Those odds can be expressed as a fraction of 27/20 or a decimal or 2.35.
A money line wager on the standard, two-way line includes the possibility of the game going to overtime and will be paid out in the moments after the clock hits 0:00.
Special Betting Promotion!
BET $1, WIN $100 (in free bets) if the team you bet on in the Big Game wins. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Big Game now!
2021 Super Bowl against the spread (ATS)
Chiefs -3.5 (+100) Buccaneers +3.5 (-120)Bet now!
The defending champion Chiefs need to win by at least 4 points in order to cover the spread in Super Bowl 55. It would take a $100 bet to earn a profit of $100 if they succeed.
The Buccaneers can cover the 3.5-point spread either by winning outright in an upset or by staying within 3 points in a loss. Their side of the spread requires a $120 bet for a profit of $100.
Different spreads exist for each quarter or half. Alternate lines come with different odds related to each team’s likelihood of covering. For example, the Chiefs can be taken on a full-game spread of -1.5 with less profitable odds of -155 for a win by 2 or more points.
2021 Super Bowl Over/Under (O/U)
Over: 56.5 (-110) Under: 56.5 (-110)Bet now!
The Over/Under is the projection for how many points the Chiefs and Buccaneers will combine to score in Super Bowl LV. A total of 57 or more points cashes all Over tickets; fewer than 56 points scored in the game is a win for Under bettors.
What Is On Bet
Like with the spread, the Over/Under can be bet in each quarter or half. Alternate lines can be bet for a greater profit or a higher likelihood of winning.
Special NFL Betting Offer
BET $1 on Buccaneers money line, WIN $100 (in free bets) if Tom Brady throws a TD pass against the Chiefs. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Bucs now!
2021 Super Bowl prop bets
Arguably the best part of Super Bowl betting is the wide-array of prop bets available at BetMGM. These can be broken into three main categories:
Game props
Super Bowl game props cover everything that happens from the opening kickoff to the final whistle and includes asking for the specific result of the first and last plays of the Big Game.
You can also bet on how many touchdowns will be scored or turnovers will be committed Sunday, the biggest play of the game, or whether the game will go to overtime.
Player props
The most extensive list of betting options for the Super Bowl pertains to player props. Odds exist for pretty much anything any player could do Sunday. Bet on who will score the game’s first touchdown or be named Super Bowl MVP.
Novelty props
This is where the real fun is and can capture the attention of even non-football fans watching the 2021 Super Bowl. Among the highlights are:
Length of the national anthem sung by Eric Church and Jazmine SullivanResult of the opening coin flipSongs sang in The Weeknd’s Super Bowl halftime showColor of Gatorade dumped on the winning coach*Note: Not all novelty props mentioned may be listed at BetMGM.
Want action on the Big Game? Sign up and bet at BetMGM. If you’re looking for more sports betting picks and tips, visit SportsbookWire.com. Please gamble responsibly.
Also see:
Bucs take long break at practice to simulate extended Super Bowl halftime (Bucs Wire)Report: Over 20 Chiefs players, staffers exposed to COVID-19 by barber (Chiefs Wire)Follow Esten McLaren on Twitter. Follow SportsbookWire on Twitter and like us on Facebook.
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Value betting is an essential skill for bettors. What is a value bet? How can a bettor find value? Read on to find out.
One of the most interesting things about betting is that nobody knows the true probability of the outcome of an event (other than a coin toss). Bookmakers set odds based on their assumptions and the state of the market. A value bettor will attempt to capitalise on the probabilities implied by odds they believe to be incorrect.
What is a value bet?
In order to find value a bettor needs to determine their own probability of an event occurring. In simple terms, if a bettor is able to correctly identify events where the probability of the event occurring is higher than that implied by the bookmaker’s odds then they will win in the long run.
Bet offers value when:
probability of outcome > probability implied by odds
Example of a value bet
Let’s use the example of a fair coin toss. Ignoring the chance the coin lands on its side we know that the chance of a head is 50%. This implies fair odds of 2.00. Once the bookmaker adds their margin the odds could be (depending upon the bookmaker) around 1.91 implying a 52.4% chance of the toss resulting in heads.
We know that this bet offers poor value since we are receiving odds on a 50% likelihood as if there was a 52.4% chance of heads.
Now imagine there is some uncertainty as to the percentage chance of heads. We have calculated that the chance of heads is 50% but the market is uncertain. The bookmaker is now offering odds of 2.2 on heads.
This now offers the opportunity to take a bet with 50% odds as if the event had only a 45.5% chance of occurring. This is a value bet.
A Bet Is A Bet Cast
We can determine the profitability of a bet by using the expected value formula:
So with our coin toss example the expected value calculation from a €10 stake is:
For each €10 bet the expected return is €11 (a profit of €1).
For each coin flip we can expect to win €11 for every €10 staked. This would become very lucrative in the long run.
How to find value bets
A good way to find value bets is to look at differences in bookmaker odds. Where bookmakers disagree about the chance of an event occurring may be where value is present.
Building a superior model or taking advantage of information asymmetry can also be a good way to find value. If a model or inside information gives the bettor a clearer grasp of true probability than the bookmaker then profits are available.
The importance of the long run
When value betting it is important to bet for the long-term. Even with the clear edge on the coin toss at 2.2 odds there is still a 50% chance that the bettor loses. This is when a staking strategy becomes important as bankrolls can be decimated by over staking, even on bets that offer value.
In the long run this strategy pays off. After 100 coin flips staking €10 the bettor would expect to have €1100 from the €1000 wagered.
A Bet Is A Bet Meme
In a similar way, if a sports bettor can find enough value bets they will win in the long run.
The importance of odds
Value is all about finding the best odds and no bookmaker offers better value than Pinnacle. If bettors take lower odds from elsewhere then a value betting strategy becomes less profitable or even loss-making.
Some bookmakers ban winners, making a long-term value betting strategy impossible. Pinnacle operate a winners welcome policy so value bettors can make the most from their edge.
What Is Bet Slang For
Sign up here to make the most of your value bets.
How bookmakers make money video explainer
Found this article useful? Why not check out our video that details how to find value.
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