How Do Betting Odds Work?
As a bettor who has already bet on the Celtics at -1, this new line gives you a prime opportunity to bet the Lakers at +7 and “middle” the game with a chance to win two bets. Now that you have both Celtics -1 and Lakers +7 tickets, you can win both bets if the Celtics win by anywhere from 2 to 6 points, netting $200 profit. If the Celtics win by 1 or 7 points, you win one bet, and push the other, netting you $100 profit. And in the worst case scenario, you win one bet and lose the other, forfeiting a mere $10 in total bankroll.
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