Line betting is form of where by the book maker handicaps a team by setting a margin, which effectively makes the game equal. This margin as referred to as the line hence there are the term line betting comes from. We can say that line betting is only used for events where are two possible outcomes.
A line bet is simple a bet taken on a line betting market or a pick your own line betting market.
Market for a game of AFL football between North Melbourne and Essendon. North Melbourne are favourites to win the game at $1.60 in head to head betting. So the bookmaker has imposed a margin on North Melbourne to make the betting contest relatively even. The bookmaker deems a margin of 14 points will make the contest even, this 14 point margin is referred to as the line.
If Essendon win or get within 14 points of North Melbourne, the bettors who have taken the $1,91 about Essendon on the line will be successful – Essendon have covered the line. However, if North Melbourne wins by 15 point or more, those that have backed North Melbourne at the line will be successful.
PICK YOUR OWN LINE
Pick Your Own Line is a new bet type now offered my most bookmakers that takes line betting a step further. Instead of just having one line to choose from where the odds are relatively equal, punters can choose from any number of lines; naturally the odds change depending on the chosen line.
A line bet is simple a bet taken on a line betting market or a pick your own line betting market.
Market for a game of AFL football between North Melbourne and Essendon. North Melbourne are favourites to win the game at $1.60 in head to head betting. So the bookmaker has imposed a margin on North Melbourne to make the betting contest relatively even. The bookmaker deems a margin of 14 points will make the contest even, this 14 point margin is referred to as the line.
If Essendon win or get within 14 points of North Melbourne, the bettors who have taken the $1,91 about Essendon on the line will be successful – Essendon have covered the line. However, if North Melbourne wins by 15 point or more, those that have backed North Melbourne at the line will be successful.
PICK YOUR OWN LINE
Pick Your Own Line is a new bet type now offered my most bookmakers that takes line betting a step further. Instead of just having one line to choose from where the odds are relatively equal, punters can choose from any number of lines; naturally the odds change depending on the chosen line.
No comments:
Post a Comment