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Frequently Asked Questions

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1. HOW DOES THE POINT SPREAD WORK?

Picking a straight-up (SU) winner is easy; all you have to do is select which team has the highest score at the end. That's why the point spread, also known as "the line", exists. Let's look at an example:

Browns at Packers (-13.5).

That reads "Packers favored by 13.5 over the Browns." It's easy to pick a straight-up winner in this game. If these two teams played each other, the Packers would win 9 out of 10 times. Picking the game against-the-spread (ATS), however, means you have to predict whether or not the Packers will win by more than 13.5 points. Let's look at some possible outcomes:

If you pick the Packers at -13.5, and they win by 17, you win.
If you pick the Packers at -13.5, and they win by 10, you lose.
If you pick the Packers at -13.5, and they lose, you lose.

If you pick the Browns, you're getting 13.5 points along with that bet, so the Browns plus 13.5. If you take the Packers, you're giving up 13.5 points, so minus 13.5.

Notice the half point, also known as "the hook", on the point spread? The oddsmaker will typically add a half point on the line to avoid any chance of a push. That half point on the line matters, let's take a look at an example:

If the line is -13.5 and the Packers win by 13, you lose.
If the line is -13 and the Packers win by 13, you tie (also known as a "push").

2. HOW DOES THE OVER/UNDER WORK?

The over/under, also known as "the total", is simply betting on the combined number of points both teams will score. Let's look at that Browns-Packers game again. If you see something like:

Browns (46.5) at Packers (-13.5).

The -13.5 is the spread, and the 46.5 is the total. You can pick the Over or the Under. If you take the Over and both teams combine for 47 or more points, you win. If instead they total 46 or less points, you lose.

3. WHAT IS VIGORISH?

All sportsbooks charge a commission known as vigorish, or simply "the vig", also known as "juice" or "the take". The vigorish is typically 5%-10% of the winning bet. Many bettors are under the fallacy that losers pay vigorish. The fact is losing bettors actually play for free because vigorish is deducted from winnings, not added to losses. This is also the way it works in many other casino games, such as craps, baccarrat, blackjack, and slot machines.

To illustrate this imagine two bettors each risk $110 with the same bookmaker on opposite sides of the same proposition, each bettor trying to win $100: The bookmaker receives a total of $220 from the two bettors. One bettor wins, one bettor loses, and the winner picks up a total of $210; the $110 he put at risk, plus his $100 profit. That leaves the bookmaker with $10 gross profit as his vigorish on the deal. The bookmaker kept $10 of the $220 total amount risked, and it was the winner who paid it.

The vig matters because if there was no vigorish all you would have to do to make money is pick at 50.1 percent, which is essentially flipping a coin. With the vig, however, you have to pick close to 52.5 percent, which is much more challenging. To illustrate this, imagine if you made 100 $1 bets and won 53 of them. You would win $53 and lose $47. So you're up $6. But on top of the $47, you lose another $5.30 (the 10% vig) and net only $.70.

4. WHAT ARE PARLAY AND TEASER BETS?

If you like two or more teams to cover, you can bet them separately or parlay them. In a parlay, payouts are much higher. However, if you lose one game in a parlay, you lose the entire bet. If one of those teams in the parlay pushes the payout gets knocked down accordingly; a 3-teamer parlay becomes a 2-teamer.The odds on a typical parlay are generally something like:

2 teams 13-5
3 teams 6-1
4 teams 10-1
5 teams 25-1
6 teams 40-1
7 teams 75-1
8 teams 150-1

What this means is that a bettor making a wager on a five-team parlay stands to win $25 for every $1 if all of the games win. This is why parlays are popular with sports bettors. Beware though the odds of the payoff are much less than the true odds. Also, you're not limited to point spreads when betting parlays, part of your parlay bet can include the over/under for a game.

A teaser bet like a parlay wager where you pick two or more teams against the spread. However the key difference is that when you tease a game it allows you to move the point spread by N amount of points depending on the type of teaser you play. Just like a parlay, if one game fails to cover the spread, your bet is a loser. Payouts are typically less than a parlay for this kind of wager.

The standard teaser is a two team six pointer with odds of -110. Odds vary from sportsbook to sportsbook however this is the norm for a two team six pointer. Let's take a look at an example of two games with regular point spreads and then the end result after we apply a six point tease:

Dallas Cowboys (+6)
Washington Redskins (-6)

Chicago Bears (+10)
Green Bay Packers (-10)

Let's say you wanted to bet on the Redskins and Packers. You would knock 6 points off each creating a spread of Redskins at an even point spread, also known as "pick-em", and the Packers -4. You're not limited to doing this with favorites though. You could make underdog Cowboys +12, the Redskins pick-em, the Bears +16 or the Packers -4. It's your choice!

5. HOW DO YOU CALCULATE RPI?

The Ratings Percentage Index is measure a team's strength of schedule and how a team performs against that schedule. This index considers whether a team won or lost but not the margin of the victory. More weight is given to teams playing and winning games on the road. It is calculated using the following formula:

Ratings Percentage Index (RPI) = (WP * 0.25) + (OWP * 0.50) + (OOWP * 0.25)

Where:

WP = Winning Percentage
OWP = Opponents' Winning Percentage
OOWP = Opponents' Opponents' Winning Percentage

and

The WP is calculated by taking a team's wins divided by the number of games it has played (i.e. wins plus losses).

6. WHAT DOES THE MAR COLUMN REPRESENT?

The MAR column shows the average ATS Margin for a team. This is the number of points between the point spread and the margin of victory. For example, if the Packers were 10-point favorites over the Browns and ended up winning by 20, then the ATS Margin would be 10. If the Packers had won by 5 points, on the other hand, the ATS margin would be -5. ATS margin is calculated using the following formula:

ATS Margin = Margin of Victory - Point Spread Average ATS Margin (MAR) = Average Margin of Victory / Number of Games Played

The results are color coded to judge the severity of the final result versus the spread.

7. HOW DO YOU CALCULATE PRD?

Passer Rating Differential is obtained by subtracting a team's Defensive Passer Rating from its Offensive Passer Rating. This statistic has proven to have a direct correlation to SU victory. Teams with a high Passer Rating Differential are successful. Teams with a low Passer Rating Differential are not successful. It is calculated using the following formula:

Passer Rating Differential (PRD) = Team Offensive PR - Team Defensive PR

Passer Rating (PR) = ( (mm(A) + mm(B) + mm(C)+mm(D)) / 6) * 100

Where:

A = ((Comp / Att) - .3) * 5
B = ((Yds / Att) - 3) * 2.5
C = (TD / Att) * 25
D = 2.375 - (Int / Att * 25)

and

mm(x) = Max(0,Min(x,2.375))

The maximum possible quarterback rating for the NFL 158.3. A perfect rating requires at least a 77.5% completion rate, at least 12.5 yards per attempt, a touchdown on at least 11.875% of attempts, and no interceptions.

8. HOW DO YOU CALCULATE BENDABILITY AND SCOREABILITY?

Bendability is a team-wide measurement of ability to keep opponents off the scoreboard. It takes into account a variety of factors (including proficiency of offense and special teams, red zone defense, and turnover differential). A team's Bendability is obtained by calculating:

Yards Per Point Allowed (YPPA) = Yards Allowed/Total Points Allowed

The higher the number, the more difficult a team makes it for opponents to score points.

Scoreability is a team-wide measurement of ability to turn yards into points. It takes into account a variety of factors (including proficiency of defense and special teams, red zone offense, and turnover differential). Other measures of offense, and offensive efficiency, look at the offensive unit in a vacuum, we don't. A team's Scoreability is obtained by calculating:

Yards Per Point Scored (YPPS) = Offensive Yards/Total Points Scored

The lower the number, the more efficiently a team scores points.

9. HOW DO YOU CALCULATE PASS YARDS PER ATTEMPT?

Yards per pass attempt is a stat that has a direct correlation to SU wins. We use only net passing figures to determine yards per attempt. This is gross passing yards, minus yards lost via sacks, divided by passsing attempts. In addition to dividing the net passing yardage by pass attempts, we also add in the number of sacks to the attempts column. We believe this gives a far more accurate gauge of a team's ability to pass the ball. A team's ability to pass is obtained by calculating:

Net passing yards / (pass attempts + sacks allowed)

This is different than what you will see on other websites but we believe it's better. After all, when a QB is sacked, it's because he was attempting to pass. For example, if a quarterback attempts 10 passes for 100 yards, his yards per attempt is 10.0. However if that QB was sacked three times and lost 22 yards then the team's passing yards per attempt is a only 6.0 (78/13). The team gained 78 net yards when attempting to pass and those three sacks came on attempts to pass.

10. WHAT DO THE NO-VIG PROB AND HOLD COLUMNS REPRESENT?

The NO-VIG PROB column shows the chances of a team winning the game according to the money line with the vigorish removed. The HOLD column shows how much profit the sportsbook will make if both sides of the game are bet evenly. The No-Vig Win Probability is calculated in two steps. The first step is to determine the implied probability:

Favorite Implied Probability P(f) = -F / (100 - F)
Underdog Implied Probability P(d) = 100 / (100 + D)

Where F is the favored team money line odds and D is the underdog money line odds

The sum of the two probabilities is greater than 100. The amount greater than 100 represents the theoretical Hold for the sportsbook or more typically the vigorish. Assumming the sportsbook draws in equal action on each side it will make this profit on the complete amount of bets placed. However since they are unlikely to attain equal action in most betting lines it's only a theoretical hold.

Since the winning probabilities calculated above include this element of vigorish, we will need to remove that in order to end up with the actual, rather than the implied, winning probability and this will give us the No-Vig Line. To get there we divide each Implied Probability by the total of the probabilities to determine the proper win probability:

Favorite No-Vig Probability = P(f) / P(f) + P(d)
Underdog No-Vig Probability = P(d) / P(f) + P(d)

When you bet with the a positive edge (based on the line you bet versus the no-vig line) you will win at sports betting over the long term. If you bet with a damaging edge then, a lot like a game of roulette at the casino, you will be a lifetime loser.