buy the hook sports betting

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If this is your first season betting on baseball, well, you picked an interesting one. Unlike football and basketball where the majority of bets are based on the point spreadbaseball is a moneyline sport. This means that bettors need to pick only who wins the game, not who covers.

Buy the hook sports betting canyourunit csgo betting

Buy the hook sports betting

Many sportsbooks have raised their prices on certain hooks, and quite purposefully, those certain hooks coincide with player advantages. Nowadays, some sportsbooks charge 20 or more! Without boring you too much with the mathematics behind it all, the break-even point, or edge, when the price is 10 cents for the hook must exceed 4.

The edge for the hook at 15 cents needs to exceed 6. Those edges help us determine if paying more is truly worth the purchase. We refuse to pay more for a bet that amounts to less net money. To illustrate some of the math, let us examine the most common college football hook, 3. Since , there were closing college football point spreads that were exactly 3.

The favorite beat the spread times and lost times. Of those losses, 27 of them- 7. In other words, the favorite won the game by 3 points, failing to cover the spread by exactly half a point- the hook. The conclusion? With a better understanding of how some of the math works behind these conclusions, please use the following table as a guide to when hooks should be bought in college football betting:.

Login Login Password. Basically, the hook is half of a point. When you see a spread of Before we go on, I should mention the hook can be applied to other sports as well, although in NFL betting it is most common. Second most common would be in NBA. Free Money to bet with! Works anywhere in the United States.

Free to sign up, give them a look. You will find a lot of games are decided by a points difference of 3 or 7. When you see a game and the odds are Team A If the game ends in a field goal, Team A wins by 3, you lose a bet at So how do you turn what could be a disaster into something salvageable? You buy the hook of course! Buying the hook basically means you pay extra juice and get a price of Now you changed your possibility of a loss into at least a push if it is indeed a 3 point game.

If the spread had been The process is basically the same, you are buying a half a point when it comes to buying the hook on totals. It turns out 48 is a multiple of 7, so again we have a situation where those key numbers might cause some trouble. If you like the Over, but the game ends up right at 48, you take a loss. You might want to consider buying the hook to get the total down to 48 and bet over Likewise, if you like a total of Under If a team spread is Like all things in sports betting, reducing your risk comes at a price.

NFL SPORTS BETTING BLOG SEPTEMBER 27

I can buy the half point? Why do they have half points? It is a tremendous way for the sportsbook to make money but more importantly is their way of not scaring off the betting public. What a hook means is that both the book and the player understand that a ties loses.

Baseball is one place this comes into play. The Celtics must win by 7. The line is made in the sand and now Boston has to clearly win by 8 in this game. What can I do? But the half point. So you can move the line to either 7 or 8 with your wager. Of course, another way is to shop around the various sportsbooks and find one that fits your thoughts better.

You should constantly be looking for an edge when betting on sports and line shopping is one of the biggest edges you can have. There is other avenues to look at in this half point scenario. One is to go with a teaser bet. You can, and it costs you, to move the line 4,5,6,7 or more points but the way the get you is you have to pick at least two teams and get the right.

If you ties in this the bookie wins. Another idea to move away from the hook is a straight moneyline bet. You can view the odds and throw them out the window and just bet a winner in the game. Of course, this has a cost included. You have options, consider them. Read more of our terms in the sports betting dictionary here. Ryan is a veteran to the sports betting industry. He owns and operates Knup Solutions where they provide the highest quality sports betting and igaming content to affiliates and operators.

The Player tool to listen to this site read aloud. The Player is not intended as a substitute for your screen reader. Time to pull out the flash cards and start studying up on how to become the next high roller in Las Vegas. Action: A live bet or bets. Arbitrage: Betting the same event at separate sports books in order to lock in a profit by taking advantage of different betting lines.

Bad beat: A very tough, often emotional, betting loss that is characterized by rotten luck. Beard: A person who is betting someone else's money for that other person; a messenger. Board: A presentation of all the games and events available for betting in a sports book. If wagers are being taken on a game, the game is "on the board," otherwise it is "off the board. Buyback: The money that comes in on the underdog after a favorite is bet heavily enough to move the line.

Circled game: A game in which the sports book has reduced its betting limits, usually because of weather or the uncertain status of injured players. Cover: Winning against the point spread. A point underdog that loses has covered, or "covered the spread. Dime line: A betting line with a cent straddle, often used in baseball. With a dime line, if the favorite is minus , the underdog is plus Exposure: The degree of risk that a sports book will lose money on a given game, result or proposition.

If a book is "highly exposed" on the Cubs in World Series futures betting, it will lose a lot of money to bettors if the Cubs win the World Series. Fade: To take the opposite side of another bettor's wager or to accept that bet yourself. Favorite: A team or player that, according to the odds, is the stronger or strongest in a given match-up or is regarded as such by the betting public or is expected to win.

First-half betting: Wagers that involve the outcome of the first half of a game only. Futures: A type of wager involving the outcome of a season or how a particular team or player will perform over the course of a season. Halftime betting: Wagers, based on betting lines posted at halftime, which involve the outcome of the second half of a game only.

Handicap: To study and research sports in order to make predictions on the results of upcoming games and events. Handle: The amount of money in wagers accepted. Hedge: To make a bet that takes the opposite side of your original position, usually to reduce risk or lock in some profit. Layoff: A type of wager made by one bookmaker with another, often larger, bookmaker in order to balance action or reduce risk.

Lock: A bet that cannot lose; a term that is often misused and abused by disreputable touts. Match-up proposition: A betting option that pits two players against one another in a contest or event, often used in golf and auto racing wagering. Middle: A situation in which you bet both sides in a game and win both bets, due to favorable line moves. If the favorite wins by exactly 3 points, both bets win. Money line: The odds on a team winning a game outright, regardless of the point spread.

Money management: Any strategy used by a bettor for making the most of his bankroll. Offshore: Designation for the organized sports betting industry outside of the United States. Out: A place to get bets down, whether it's a Nevada sports book, offshore book or illegal bookmaker. Parlay: A bet in which two or more events must happen in order to win; if any one of them does not happen, the wager loses.

Pay by mail: How sports books usually pay off winning tickets to tourists who make a bet while visiting Nevada, then return to their home state before they have a chance to cash them. Pleaser: A specialized form of a parlay that improves the point spread for the book but pays off at improved odds. Point spread: The number of points added to or subtracted from a team's actual score for betting purposes. Power rating: A numerical representation of a team's strength for betting purposes. Public: Average, unsophisticated or casual bettors as a whole; or, used to describe money bet by the public "a lot of public money came in on the Cowboys" ; see "square.

Rotation: The official list of all the games on the betting board, presented in a specific order. Round robin: A specialized form of a parlay that uses every combination of a set of teams in a wager. For example, there would be six two-team parlays within a four-team round robin.

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SPORTS BETTING ONLINE NEW JERSEY

As with any purchase, buying the hook has a price. Many sportsbooks have raised their prices on certain hooks, and quite purposefully, those certain hooks coincide with player advantages. Nowadays, some sportsbooks charge 20 or more! Without boring you too much with the mathematics behind it all, the break-even point, or edge, when the price is 10 cents for the hook must exceed 4.

The edge for the hook at 15 cents needs to exceed 6. Those edges help us determine if paying more is truly worth the purchase. We refuse to pay more for a bet that amounts to less net money. To illustrate some of the math, let us examine the most common college football hook, 3. Since , there were closing college football point spreads that were exactly 3. The favorite beat the spread times and lost times.

Of those losses, 27 of them- 7. In other words, the favorite won the game by 3 points, failing to cover the spread by exactly half a point- the hook. The conclusion? With a better understanding of how some of the math works behind these conclusions, please use the following table as a guide to when hooks should be bought in college football betting:. Second most common would be in NBA.

Free Money to bet with! Works anywhere in the United States. Free to sign up, give them a look. You will find a lot of games are decided by a points difference of 3 or 7. When you see a game and the odds are Team A If the game ends in a field goal, Team A wins by 3, you lose a bet at So how do you turn what could be a disaster into something salvageable? You buy the hook of course! Buying the hook basically means you pay extra juice and get a price of Now you changed your possibility of a loss into at least a push if it is indeed a 3 point game.

If the spread had been The process is basically the same, you are buying a half a point when it comes to buying the hook on totals. It turns out 48 is a multiple of 7, so again we have a situation where those key numbers might cause some trouble.

If you like the Over, but the game ends up right at 48, you take a loss. You might want to consider buying the hook to get the total down to 48 and bet over Likewise, if you like a total of Under If a team spread is Like all things in sports betting, reducing your risk comes at a price. The entire reason for buying the hook is to move yourself from either a potential loss to a push, or from a potential push to a win. The sports books are well aware of this, and will charge a premium for the ability to do so.

IF you are super lucky, you might get , but unlikely.