With the recent lockouts at NFL and NBA, some bettors had to look for options to keep the rhythm and don't lose their touch, recover lost money or simply look for a casual bets to win some extra cash. The options to bet for NCAA games are still available, but if you want to change the pace for a bit and try something new, then I present you Motorsports.
In the late months, NASCAR has increased their popularity even surpassing the NHL games in audience. Not that NHL is having bad moments or stuck with an annoying judicial financial problems (Not yet, or at least I haven't heard of any at the moment) but the true is that if a Sport has endured difficulties and is still with us are the Motor related.
There is not much difference between betting in NASCAR or a Basketball team. So if familiar with other sports betting, then it won't be a problem to change. So, to understand motorsports betting money lines odds, it's necessary to learn some basics. There are different types of bets; the most common or basic is to pick the winner. Motorsports odds for this kind of bet have some variants. Usually the favorite driver is offered near 350 to 400, let's take a look:
On the list above, I've marked Carl Edwards as the Favorite; he has the lowest odd because he is more prompted to win the race. So for every $10 you bet on Carl Edwards you may win $36 if he wins the race. While those who bet for Kyle Busch would win $50 for each $10 they bet if he wins. Now, they will receive $60 because the wager is returned on a winning bet; this is because the sportsbook will ask you to pay for your bet at the moment it's made. Other drivers who may have the chance to win the race are offered between 800 or more, like in the case above. You can notice that the veteran Kevin Harvick is offered in 800 and Denny Hamlin in 900.
The second variant I'll show you is bet for a Matchup; this type of wager is made when the sportsbook take two drivers and are paired against to win the race, so you may pick the winner. The odds of this kind of wager may look like this:
Carl Edwards 110 versus Jimmie Johnson -130
So this kind of odds means that if you bet for Johnson to finish higher than Edwards, then you must risk $13 to win $10, the $3 is the cut the bookie takes for him for the service of taking the bet. Betting for Edwards will ask to pay $10 to win $11 if he manages to finish higher than Johnson.
Sometimes, the lines move, for example if a driver suddenly became the favorite (to to new record speeds or practices) then the line will change. So is normal to see the driver odds shifting. Example: maybe Johnson improves his racing two days before a race and then his odds may move from to -130 to -140, then Edwards odds will move from 110 to 100. The reason may be that the bookie believes Johnson now has a better opportunity to win the race over Edwards, so the line moves to pair probability.
The third variant presented, it betting for a driver listed by the sportsbook to finish in the top three. These odds are usually lower because the bookie must pay off three different possible winning bets. Taking the same drivers above as an example, the money line odds may look like this:
When is this kind of wager, the you must risk $15 to win $10 if Carl Edwards finish the race first, second or third, while if someone bets for Jimmie Johnson could win $20 for his $10 wager.
These are the basic bets for motor racing. Maybe betting in motorsports could improve your bankroll, I really encourage to giving it a try. You may bet for NASCAR, Formula 1, or many other motorsports available. You can try it on any reliable sportsbook of your liking.