The Wolverines’ championship odds have moved from 15-1 to 7-1, making them the second favorites behind Alabama at the Westgate SuperBook.
Ohio State will host Michigan on Nov.
The Wolverines return a bevy of experience from last season’s 10-3 team but are still looking for a starting quarterback. The Wolverines also have attracted the most bets to win the title at the MGM and Westgate sportsbooks.
“[Ohio State] has about $20 more than Michigan,” said Chris Andrews, sportsbook director at the South Point casino.
More bets have been placed on the Michigan Wolverines to win the national title than any other team at multiple Las Vegas sportsbooks. 3. 26. Juniors Wilton Speight and John O’Korn, a transfer from Houston, are the leading candidates.
Six weeks before the college football season kicks off, Alabama is the consensus favorite to win the national championship. Colorado is the only team from a Power 5 conference on the Wolverines’ nonconference schedule. But Michigan will face Michigan State, Iowa and Ohio State on the road in Big Ten play.
More money has been bet on Michigan to win the championship than on any other team at the SuperBook, and Jim Harbaugh’s squad has attracted 10 percent of all the national title bets at William Hill’s Nevada book. But the Crimson Tide are not the most popular bet in Las Vegas.
Michigan is a 41-point home favorite in its opener against Hawaii on Sept. The line has been bet down to Ohio State -5, and Andrews says 88 percent of the money wagered on the Big Game at this point is on Michigan.
There’s plenty of support in Las Vegas for the Buckeyes, too. The Buckeyes opened as 6.5-point favorites against the Wolverines at the South Point. Ohio State has attracted the most money to win the national title at the sportsbook at the South Point casino, but it’s close.
Ohio State is 8-1 to win the national championship at the SuperBook.
Philly wins the actual game by any amount of points
New England Patriots -7 vs.
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
If winning were that easy the Las Vegas and offshore sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. The first is from the underdog’s perspective; the later is from the favorite’s.
Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score
Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
Understanding point spreads is a key first step to learning about sports betting. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner. But Emily is unsure of how to get started with sports gambling.
Emily loves sports – college football, NFL, and NBA.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and thus receives or “gets” points given by the stronger team. You can determine the ATS winner by either:
The favorite, New England , won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.
In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. She knows a lot of people have a blast betting sports and wants to join the fun.
Let’s look at Super Bowl XXXIX, New England Patriots vs. After this adjustment is made you get the Against The Spread result (ATS result for short). An Eagles bettor wins his bet either if:
In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other. There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
. Emily’s not alone in needing the basics of point spreads explained, so let’s all learn how to read point spreads together. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process). Then we’ll be on our way to enjoying the fun of sports betting.
Philadelphia Eagles +7 vs. Philadelphia Eagles
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats). Philadelphia Eagles.
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England .
Not a must, but for some a mathematical approach is insightful. New England Patriots
For Those Who Like to Consider Things Mathematically
What Is the Point Spread?
Who Really “Won” the Super Bowl?
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. In the newspapers and on the Internet she always sees “point spreads” (sometimes called “lines”) on the games but isn’t exactly sure what the numbers mean.