Sportsbook Laws – Fixed Odds, Fractional Odds, and Listed Pitcher Bets


In order to be profitable, bookmakers must be well capitalized, and a good law of large numbers ensures their profitability. In addition, sportsbook laws vary from jurisdiction to jurisdiction, but the Supreme Court’s recent ruling is catalyzing change in sportsbook regulations throughout the United States. In this article, we’ll discuss Fixed odds, fractional odds, and listed pitcher bets. Listed pitcher bets are the most popular type of baseball bet, and this article will outline how to choose them for maximum profit.

Listed pitcher bets

There are a variety of different reasons why you should consider placing Listed Pitcher bets at a sportsbook. In particular, they can help you lower the risks of a potential coronavirus pandemic. For example, if Mets ace Jacob deGrom tests positive for coronavirus, he will likely be replaced by a long reliever. If that happens, the odds on the Mets to win drop significantly.

Listed line bets

When you place a bet on the listed line, you are not betting on the game’s spread. You’re betting on the overall score, and the line may move during the game depending on a number of factors. For instance, a key player’s injury, suspension, or a sudden change in the team’s lineup can influence the gambling line. Other factors may also change the betting line, including injuries or unforeseen events that affect the game’s outcome. Most listed line bets at sportsbooks are posted with a half-point to prevent the final margin from being exactly on the point spread. This way, you’re not betting against yourself if you don’t know the outcome of the game. In most cases, a tie or a “push” is the result of a game that doesn’t have a winning side

Fixed odds

Fixed odds are an option for sportsbook bettors who like to place wagers on certain events. Often, the odds are set months before the event takes place. Unlike pari-mutuel betting, where the odds can fluctuate dramatically, fixed odds are more stable and predictable. For example, the Kentucky Derby is a major race, and fixed odds are often available for horse races. You can place a bet on the winner of the Kentucky Derby months in advance and never have to worry about losing your money.

Fractional odds

If you’ve ever bet on a sports game, you’ve probably seen the words “fractional odds” being spoken verbally. It’s common to see this form of odds used at horse races, as well as for betting on distant future events. Fractional odds are popular in Ireland and the United Kingdom, and are one of the oldest forms of odds, predating American odds by many years. Here’s how to read fractional odds at sportsbooks:

Dime line bets

You may have heard of dime line bets at sportsbooks but do you know what they mean? Dime line bets are made on the difference between the favorite and the underdog’s payout. The dime is the same denomination as 10 cents, so a favorite -125 and an underdog -115 would have the same price, a difference of 10 cents. A dime line bet at a sportsbook is an excellent way to maximize your winnings in the long run.

Free bets

If you are new to a sportsbook, you’ll likely be automatically enrolled in their newsletter and promotional emails. However, it’s worth asking for this information from customer support. The emails will be for the sportsbook’s customers, not your junk mail, so it’s best to opt in than out. There are many different types of free bets at sportsbooks. Many of these free bets are tied to a specific sport.