2018 FIFA World Cup Final
Luzhniki Stadium - Moscow, Russia
Sunday, July 15 2018, 11 AM ET
FOX, Telemundo
France vs. Croatia
Les Bleus vs. Vatreni
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I called this from the beginning, back in March I said "France is gonna win the world cup" and meanwhile the rest of the world was ranting and raving about Belgium, Germany, and Brazil. And deep down I knew it would be France. Just one more game to prove me right!
its all relative. I'd take him on NYCFC in a heartbeat.How bad is Giroud?
How bad is Giroud?
France are heavy favorites
I'd like to file a petition that you make the flags the same size. this bias shall not go unchecked by me sir!V.
2018 FIFA World Cup Final
Luzhniki Stadium - Moscow, Russia
Sunday, July 15 2018, 11 AM ET
FOX, Telemundo
France vs. Croatia
Les Bleus vs. Vatreni
Can you explain what these numbers mean?Are they though?
France -102
Croatia +375
Draw +230
I’ve see way more lopsided numbers hung by oddsmakers in soccer matches.
Can you explain what these numbers mean?
Positive numbers you bet 100 to make that number, negative numbers is what you gotta risk to make $100Can you explain what these numbers mean?
I'd like to file a petition that you make the flags the same size. this bias shall not go unchecked by me sir!
wow, thanks for the explanation. I don't plan on betting any time soon, but I see and understand this. My dad talks about similar things, but not in regards to betting. I appreciate it!Positive numbers you bet 100 to make that number, negative numbers is what you gotta risk to make $100
If you win you get your number plus your bet back. If you lose then its all gone.
The numbers are usually quoted in hundreds, but you can bet tens of dollars to millions on these ratios.
France you gotta lay $102 to make $100
Croatia you gotta lay $100 to make $375
Draw you gotta lay $100 to make $230
This is a three way bet. Betting sites allow for draws in 90 minutes. You can also get money lines for outright wins, which last i saw it was like -240 France +180 Croatia. Means France is roughly even money to win in 90, favorite to win any which way (normal time, ET, penalty kicks).
The idea of money lines is they change to reflect expected odds. In a normal friendly bet you say to your buddy, hey $100 france wins and your buddy accepts. His win is funded by you lose completely. In the real world people bet heavily on favorites so if a bookie was like your friend and accepted any even money bet that came his way he'd have a million france bets and few croatia bets. He (likely) doesn't know any more then you, so he doesn't have million dollar conviction that croatia will win. He's not looking to take a risk like that. He just wants to be in the middle and collect a fee for finding the other side.
So to even the betting sides he skews the moneylines. Now you gotta bet 240 to only win 100 if you bet france. On the other side you only gotta bet 100 to win 180. if you notice in this setup he doesn't care the outcome of the game. If he only took two bets 1 for France and 1 for Croatia and france wins, he takes the $100 the croatia guy bet and gives it to the french guy. $100 in, $100 out. And if croatia wins, he takes the $240 the french guy bets and pays out Croatia $180. $240 in, $180 out, and a $60 he gets to keep.
If he opens his books at france -240, croatia +180 and 5 people bet france for every 1 bet croatia he's got a problem. His odds are off. "smart money" think france is heavily favored more then the money line reflects, so the bookie needs to adjust his numbers to france -350, Croatia +300, then he either scares off france betters not willing to risk 350 only to make 100, or entices more croatia betters to come on board evening his book out. (hypothetical numbers here, idk what ratio fixes 5:1 betting and such)
Now you have learned the basics of making and betting moneylines. Careful you dont get hooked.
You swamped that dude. But for real, I’m proud of you and proud that someone else here obviously does sports gambling.Positive numbers you bet 100 to make that number, negative numbers is what you gotta risk to make $100
If you win you get your number plus your bet back. If you lose then its all gone.
The numbers are usually quoted in hundreds, but you can bet tens of dollars to millions on these ratios.
France you gotta lay $102 to make $100
Croatia you gotta lay $100 to make $375
Draw you gotta lay $100 to make $230
This is a three way bet. Betting sites allow for draws in 90 minutes. You can also get money lines for outright wins, which last i saw it was like -240 France +180 Croatia. Means France is roughly even money to win in 90, favorite to win any which way (normal time, ET, penalty kicks).
The idea of money lines is they change to reflect expected odds. In a normal friendly bet you say to your buddy, hey $100 france wins and your buddy accepts. His win is funded by you lose completely. In the real world people bet heavily on favorites so if a bookie was like your friend and accepted any even money bet that came his way he'd have a million france bets and few croatia bets. He (likely) doesn't know any more then you, so he doesn't have million dollar conviction that croatia will win. He's not looking to take a risk like that. He just wants to be in the middle and collect a fee for finding the other side.
So to even the betting sides he skews the moneylines. Now you gotta bet 240 to only win 100 if you bet france. On the other side you only gotta bet 100 to win 180. if you notice in this setup he doesn't care the outcome of the game. If he only took two bets 1 for France and 1 for Croatia and france wins, he takes the $100 the croatia guy bet and gives it to the french guy. $100 in, $100 out. And if croatia wins, he takes the $240 the french guy bets and pays out Croatia $180. $240 in, $180 out, and a $60 he gets to keep.
If he opens his books at france -240, croatia +180 and 5 people bet france for every 1 bet croatia he's got a problem. His odds are off. "smart money" think france is heavily favored more then the money line reflects, so the bookie needs to adjust his numbers to france -350, Croatia +300, then he either scares off france betters not willing to risk 350 only to make 100, or entices more croatia betters to come on board evening his book out. (hypothetical numbers here, idk what ratio fixes 5:1 betting and such)
Now you have learned the basics of making and betting moneylines. Careful you dont get hooked.
He (likely) doesn't know any more then you, so he doesn't have million dollar conviction that croatia will win