Tuesday, October 5, 2010

About how does betting on the superbowl work in Las Vegas

How does betting on the superbowl work in Las Vegas?
Alright I'm going to Vegas and want to bet on the superbowl. How does it work, do I just put up let say 2000 and if my team wins I get total of 4000 back? What is this point difference everyone is talking about?Do they have to win by a certain amount of points in order for me to win?
Gambling - 5 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
Illegally. I don't think you should risk asking this on line.
Answer 2 :
yes right now as we speak the giants are up 14 to nothing , so the Pats have to win by 15 to win, In Vegas. You can bet on every thing from the flip of the coin to who is going to score first. Good luck Also I do not know how the odds work, If you put 2000 on the pats you might only get 1000 of the house money plus your 2000 back Giants win you might get 2500 of the house money
Answer 3 :
The point difference is what is referred to as a "spread." A spread is created to essentially level the playing field. As you are aware, most of the world considers the Patriots to be a stronger team overall than the Giants. Because of this Vegas oddsmakers want to make it a little harder to bet on them. Therefore, they might make the Patriots (-13). This means that before the game even starts, if you are betting on the Pat's, you are down 13 to 0. So the Pat's must win the game by more than 13 to win your bet. On the other hand, the Giants would be a (+13) so you would be up 13-0 when the game kicks off. The Giants don't have to win the game to win your bet, they just can't lose by more than 13 points. Another popular bet in Vegas is called the "over/under", This is a number that Vegas will come up with, and it refers to the total amount of points scored by both teams during the game. It's your choice to bet whether the total points scored will be higher than that number or lower than that number. In that bet, it doesn't matter who wins the game but rather how many combined points are scored when the final whistle blows.
Answer 4 :
You can bet straight odds at the casino (who is going to win the Super Bowl) which by now would only pay 1to1. (Bet $1000/ win one thousand). There are also tons of bets that play on score at each quarter, the spread at the end of the game, the number of touchdown passes Tom Brady throws and those payout odds are all set by the casino. The best Super Bowl bet is before the season starts. Different casinos offer different odds for each time to win straight up next season. Pick a team with a reasonable chance to win, but not the Pats since they will be favored next year. Then go from casino to casino looking for the best odds from the team you want to bet on. You want something like 10 to 1 ($10 for every $1 bet). You can go for a longshot of course, but you want something with a nice payout but an actual chance of a Super Bowl appearance. After the season starts, the payouts on Super Bowl change depending on who is doing well in the season.
Answer 5 :
Generally betting the spread is a -110 bet. This means you must bet $110 to win $100. So, if you were to bet exactly $2000, you'd get $3818.18 back if you won. If you want to bet WITHOUT the point spread, they give specific odds for either team to win. Last I saw, it was about +650 for the Giants and -800 for the Pats. That means if you bet $100 on the Giants to win straight up, you'd get $650, and you'd have to bet $800 to win $100 if the Pats won. When you come here, don't be afraid to ask the attendant at the sportsbook questions. He will explain any and all of the bets to you in detail if you do not understand. Good luck and have fun.
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