For those of you used to Betting on sports...help me out please...

young chad
young chad Members Posts: 1,771 ✭✭✭
edited June 2010 in From the Cheap Seats
So, I've got an extra few G's..and I was gonna buy some stock, but I'm still learning that too (and I'm going to wait til the end of the year)..

But this past Superbowl, I was about to bet that the Saints would win by 2 touchdowns (I think the Odds were 5-1)..I didn't bet because everyone said I was crazy, then they won and it REALLY ? me off...lol

Ever since then I've had the urge to test my luck with a few of the extra dollars I have lying around, I'm looking on sites like Sportsbetting.com and what not, but I'm seeing all these other numbers, not just odds like 5-1..but like 192.3 over -5.5 What the hell is all this? I'm confused lmao

Comments

  • MillzOG
    MillzOG Members, Moderators Posts: 14,508 Regulator
    edited May 2010
    sportsbook.com is probably the easiest site to understand if you're new to betting and ? , thats the site i use.
  • young chad
    young chad Members Posts: 1,771 ✭✭✭
    edited May 2010
    Thanks Millz, so tell me this, what's all this +150 - 180 stuff and what not?
  • ThaChozenWun
    ThaChozenWun Members Posts: 9,390
    edited May 2010
    Propz Millz and props to threadstarter for askin the question, been tryin to bet on games but ? around me are too broke.
  • young chad
    young chad Members Posts: 1,771 ✭✭✭
    edited May 2010
    Propz Millz and props to threadstarter for askin the question, been tryin to bet on games but ? around me are too broke.

    No doubt, same here...most I won was a couple hundred off my co-workers for Fantasy Football, and 50 off my ? who thought the Cavs would make it to the Finals...I told him the Celts would win 4-2..he was SOOOO ? because he idolizes shaq lol...anyways, I'm trying to figure all this ? out so I can win some money off the Finals lol
  • its....JOHN B
    its....JOHN B Members Posts: 19,830 ✭✭✭✭✭
    edited May 2010
    lakers are favored by 5.5 is what your probably looking at right? it means if you bet the lakers they got to win by 6, and celtics are getting 5.5 points which looks good but once everyone in vegas starts betting the celtics watch how every player will end up in foul trouble, and 192 is the total of both scores so if lakers win 100-93 and you bet the over you win
  • damon03
    damon03 Members Posts: 493
    edited May 2010
    I would bet the under on 192. Lakers and C's aren't going to score more than 192 points in Game 1.
  • jrod44
    jrod44 Members Posts: 3,446
    edited May 2010
    don't do it, I been up 10K, went down 15K, lots of stress in between, it can work if you stay discipline but that's the hard part.
  • young chad
    young chad Members Posts: 1,771 ✭✭✭
    edited May 2010
    Thanks for all the responses... and to JRod, that's what I hear, I mean, I'm not gonna bet my last dollar, I'd only bet extra money (isn't that what all the addicts say lol)...I'm just looking for a way to double or triple my side money with minimal effort, it's money I've saved from not going out to eat as much (and being single)...I'm not trying to go in the hole more than I win lol, and I'll always have my side savings and what not...
  • young chad
    young chad Members Posts: 1,771 ✭✭✭
    edited June 2010
    Ok one last question, I'm on sportsbook and I see it has the "bet by points" or whatever, with odds...like for instance it says Lakers win by 12-15 odds are +2500...what's that mean? Does that mean the odds are 25-1?
  • young chad
    young chad Members Posts: 1,771 ✭✭✭
    edited June 2010
    Actually I THINK I get it...it's like, if it's -100 it means, you have to bet 100 to win 100..and if it's + it means, for every 100 you bet, that's how much you can win..

    So if it's +2500, you win 2500 for every 100 dollars you bet, if the Lakers were to win by 12-15

    Ok...I think I can rock with this type of betting here...