SportsBetting3.com’s “Lessons” are short and simple guides to common sports betting topics, questions, and key concepts.
Geared towards novices and experienced bettors looking to brush up before an important matchup, our quick and easy tutorials provide helpful and efficient answers to frequently asked questions about betting.
Calculating a wager’s expected value is an important risk management tool. If you’re planning to bet on the NFL, NBA, or NHL all season, you’ll need to guard your bankroll carefully. Use this simple formula to bet strategically, identifying opportunities …
A prop parlay is a parlay bet composed of multiple prop bet selections. The sportsbook will grade a prop parlay like any other parlay bet. If all your selections are correct, your parlay bet wins. If one or more selections …
Sports betting line movements can happen for a number of reasons. Most often, it’s because the sportsbook is trying to balance its action. When more money accumulates on the favorite versus the underdog, the sportsbook needs to make the underdog’s …
An Asian Handicap bet works like a point spread. You make a bet on the expected score difference. Unlike the point spread, some Asian Handicap lines include quarter goal increments like 0.25 or 0.75. A quarter goal line means half …
A 3-way moneyline adds a third side to the more familiar 2 way moneyline. Usually, the third side is a tie or draw. Based on our moneyline betting tutorial, we’ll explain how the bet works and you can place this …
Let’s quickly review what a +1.5 and -1.5 run line means in baseball betting. We’re basing this article on our more comprehensive MLB betting tutorial, which explains MLB run line, run total, and moneyline bets in more detail. Note that …
Let’s quickly review what a +1.5 and -1.5 puck line means in hockey betting. We’re basing our response off our more detailed NHL betting tutorial, which explains NHL puck line, goal total, and moneyline bets in more detail. Sports betting …
Football squares is a popular party game and sportsbook promotion. You’ll most likely play this game with friends on Super Bowl Sunday or for the College Football National Championship. Some sportsbooks also offer football squares as a promotion to existing …
“No Action” means the sportsbook will not grade the bet, that it will neither win nor lose, and that the sportsbook will refund the player’s original bet amount or stake. The sportsbook treats this situation just like a push. It …
Alternate betting lines allow you to bet on different point spread or total lines in exchange for increased or decreased odds. Unlike the main betting line, or balanced line, that typically has -110 odds for each side, alternate lines will …
Has your point spread, total, or 2-way moneyline bet ever resulted in a “Push”? When your wager pushes, the sportsbook will return your original bet amount, or stake, to your account balance. Though a push is better than a loss, …
We’ll quickly explain what a PK point spread line is. PK stands for “Pick ’em”. It means the point spread line is 0. When this happens, the point spread basically becomes a moneyline bet. The odds indicate each side’s risk …
A 3 game parlay bet payout is typically 6/1, though it may vary slightly from sportsbook to sportsbook, and will also depend on whether you force a true odds calculation. Recall that parlays combine multiple bets into one big bet. …