It seemed obvious to just about everybody that the tanking Miami Dolphins were going to lose to the Baltimore Ravens.
It even seemed obvious that the visiting Ravens with Lamar Jackson at the helm would cover a 7-point spread. But that brings us to a question: How much would you be willing to bet that the Ravens would cover AND would blow that spread out of the water?
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We have an answer of sorts. Per Action Network, a bettor took $30,000 and put down on the Ravens at PointsBet. But there was a catch: That gambler used a specific product called 'Points Betting':
The way Points Betting works is once the spread is covered, a bettor makes 1x the wager per point away from the spread. … The max win/loss for this particular wager was set at $600,000. So if the Ravens won by 26 or more, the bettor would win $600,000. Similarly, if the Ravens lost by 26 or more, the bettor would LOSE $600,000.
Ravens Betting Line
It's super risky — if you had, say, bet with that product on the Cleveland Browns on Sunday, you would have lost A LOT of money since they were a minus-5.5 favorite against the Tennessee Titans and lost 43-13.
But this bettor could see what was shaping up. And now he or she is $600,000 richer because the the Ravens won 59-10.
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Phil Mickelson Ravens Bet
- Point Spread: The point spread remains the favorite way to wager on pro football, regardless of how many new forms of wagering come on stream. ItÂ's called the line or spread and itÂ's known as betting ‘sides.Â' The common misconception is that Las Vegas sets the spread as its best guess at the margin of victory. But really, it's a number they feel that is a perfect balance and will see an equal number of people to bet the underdog as on the favorite. A negative value like -6.5 means that team is favored by 6.5 points. So deduct 6.5 points from their total score. A positive value on the same game would be +6.5 (add 6.5 points to their final score) and would make that team an underdog of 6.5 points. The favorite must win by at least seven points to cover the spread. The underdog can lose by six points and still cover.
- Total: Also called the over/under, it is a number set by the sportsbooks that proposes a number of points that will be scored in the game by both teams combined. Then, fans predict whether there will be more points or less points than the ‘total.Â' If you bet the under 41.5, you are hoping for a tough defensive battle with lots of running game. Pick the over, and presumably you feel this will be a high-scoring game. In short, you are predicting whether the combined total score will be more than (over) or less than (under) the total.
Ravens Bettors
- Money Line: More common in baseball and hockey, pro football moneylines are growing in popularity. There is no spread, so your team just needs to win the game, not win by a certain number of points. The negative value means a favorite (-190) and a positive one indicates an underdog (+170). Picture the number 100 sitting in between these two values. Example: if you want to pick a -190 favorite, you must risk $190 in order to win $100. To back a +170 underdog, you put up $100 and win $170 if the dog wins. In some cases, betting moneylines is actually better value and can provide a bigger profit for less risk.