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Saturday, November 11, 2006

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You can bet on any sport the enterbet Sports Book you are wagering with covers. At most books, this includes professional and college football and basketball, professional baseball, professional hockey, and horse and dog racing. Every now and the enterbet Sports Books will offer proposition bets (see below) on events like professional golf tournaments and the Indy 500 and the like, but not on a regular basis for other events in those sports
The spread is a point advantage given to a weaker team that is expected to lose by some number of points. This is the odds makers way of making even bets possible for a Sports Book. Usually if you bet against the spread you make an 11-10 bet. This means that you win $10 if you bet $11 for a total of $21 if your team covers the spread.
A team covers the spread if it wins the game with the score modified by the spread. If Dallas and Washington are playing and the spread is (Dallas -7), then Dallas has to win by at least 8 points to cover. Half-point spreads are also possible.
This is one of the many ways the Sports book makes its money. In an ideal situation, the same amount of money will be bet on both sides of the line and the Sports Book will take its 10% from the losing side. If $55000 ($50000 and an addition $5000 to make the bets) was bet on Washington and $55000 bet on Dallas, no matter who wins the game the SB will make $5000. In case of a tie, all money is refunded.
· This is a rather simplified version
· The spread moves when one side becomes more heavily bet on.
· This is one of the many ways the Sports book makes its money

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