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The Daily Payout – September 28, 2016

September 28, 2016

All the top trends for today's games.

Pick one game, a few games or all of them and make educated betting decisions based on the information below.

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OddsShark on Outkick: Weekly Football Betting Breakdown

Each week OddsShark's Jon Campbell and Clay Travis from Outkick the Coverage will break down the weekend's football action. They'll talk about the bets to make, bets to avoid, and some odds and stats for the biggest games in both NFL and College Football.

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Pro-Line vs. Online Sportsbooks

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Many Canadian bettors believe that the only legal way to bet on sports in the country is through Pro-Line. This is far from the truth; there are numerous legal online betting sites that are available to Canadian citizens like Bovada sportsbook and Bet365. What many don’t realize is that there are superior sports betting products in the market that bettors don’t even realize exist – that’s what we’re here for.

Point Spread Betting

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New sports bettors often wonder what all the numbers and symbols mean when they look at an odds board. While most bettors and sports fans in general are accustomed to seeing the point spread, they do not necessarily know what it means.

Over Under Betting

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Over Under odds, or ‘totals’ betting, is growing in popularity and is often the best wager you can make on a game. Let’s face it – some games are a toss-up and you really can’t find an edge to pick one team over the other; that's where totals betting can come in.

Betting totals

Maybe there are defensive trends or offensive injuries or looming cold or windy weather that makes you think there will be a lot of scoring or not very much scoring in a particular game.

Betting Against the Public

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One of the most popular sports betting systems is the ‘contrarian method’ of going against whatever side the public is backing. The idea behind this betting system is that the public can be easily brainwashed by the media and tends to be wrong more often than not, so the more excited and loaded up they are on one side of a game, the more likely it is that the ‘smart’ wager is taking the opposite side and fading them instead.

What Does -110 Mean?

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The magic number in sports betting is -110 because it defines the amount required by a sportsbook to earn $100 on either side of most wagers. A bettor must lay $110 to win $100 when wagering on point spreads, which are set by oddsmakers with hopes of getting equal action on both sides.

Confused yet? Don’t be, as it’s really not that hard to understand once you get the basics of sports betting down between book and bettor.

Betting on the Money Line

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Sports fans who enjoy wagering on baseball and hockey can sometimes be confused by the numbers and symbols commonly used by oddsmakers on the betting board. The key concept to understand when betting on these particular sports is that they mostly use moneylines rather than point spreads and involve simply picking the winning team.

So instead of seeing a team favored by 2.5 points like in football and basketball, there might be a small moneyline associated with comparable ‘chalk’ in baseball and hockey such as -120, which means you would need to wager $120 to win $100.

How Live Betting Works

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Live betting is the latest and greatest wagering option available at many sportsbooks now. Those books that still do not have live betting simply do not have the resources or technology capable of handling the constant updating of numbers required to keep up with the fast pace of the different sporting events covered.

Parlay Betting

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Parlay betting is one of the most popular forms of sports wagering. With parlays, bettors can bet that two or more point spreads, over/unders, or moneylines will win, earning a higher payout if all of their picks win than they would have betting each one individually.

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