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At investingsports.com, we can answer those questions for you—and help you work wonders on your sports investing profit margins. Keep in mind that sportsbooks only make a commission when the favorite loses. In this example, if the Padres were to lose the game, the book would pay off $104 to underdog bettors while collecting $115 from favorite bettors, for an $11 profit. Scroll down for more information about money line bets in sports betting. Read more
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An underdog can cover by losing by a number less than the spread or by winning the game outright. The difference between a moneyline and a point spread is how a team wins or loses a game. For a moneyline bet, you’re picking a winner between two teams. In order to win, your team selection must be successful. For point spreads, the team you selected must win by a certain number of points or not lose by a certain number of points. Read more
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It’s important to remember that only a small percentage of sports bettors are profitable. Those that are successful have turned sports betting into a fulltime job. Read more
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