If you recall from the J-Dub Primer on Gambling, there are some forms of betting in which it’s not so much about whether your team wins…it’s can be about by how much they win. For those of you not familiar, it works like this:
Sides (Point Spreads):
Playing “sides” means you are picking one team to win. The most important component of “sides” betting is the “point spread” This is a device used by “bookies” to keep the action equal on both sides of the bet. In this case, instead simply picking the “favorite” team to win, that team has to win by a certain amount in order for you to cash a winner.
Let’s use the following line as an example:
Anywhere Tech -4
Southern StateIn this case, Anywhere Tech is a four-point favorite. You can tell this from the -4 on their line. This means if you bet on Anywhere Tech to win, they would need to win the game by more than 4 points for you to cash a winner. Conversely, if you bet on Southern State, you still cash a winner even if they lose…so long as they lose by less than four points.
Also, some websites always place the “point spread” on the line for the home team, which is usually the team listed last. In that case, the “bookie” would denote Anywhere Tech being a four-point favorite by putting +4 next to Southern State. While that can be confusing, the easiest way to keep it straight is to simply imagine the “point spread” being added or subtracted from the actual scores of the team on which the line is places. Let’s say the final score of the Anywhere Tech – Southern State game was 20-13. Anywhere Tech covered the spread because if you subtracted four points from their score (or added four to Southern State’s total), Anywhere Tech would still be the winner.
Now, if the final score had ended up being 20-16 – meaning Anywhere Tech won by exactly 4 points – its a “tie,” which in gambling terms is called a “push.” When a “push” happens, all bets are returned, but the “bookie” keeps the “juice.”
That was the theme for the pummeling the J-Dub Gambling Challenge bankroll took last week. Thanks to a slate of teams who I picked that won, but didn’t cover the point spread, the bankroll took a haircut to the tune of $423, leaving the season total at a barely-above-water $5.235 from the original 5K.
Maybe this week I’ll stick to over/unders. Hell, who am I kidding? Even my cat has fifty bucks on “I won’t.”
LEGAL DISCLAIMER (mandated by our very own Small Town Pizza Lawyer):
Thanks to the Supreme Court, gambling is no longer illegal at Bushwood, sir. However, the Supreme Court can’t really help me unless one of them is willing to keep Mrs. J-Dub from braining me with a cast-iron skillet if she found out how many dimes I’m dropping on college football.
That means that as far as she knows, all wagers are mythical in nature and this is in no way, shape, or form a gambling advice column. In other words, if you lose your own “real” money, that’s nobody’s fault but yours, so don’t yell at me when we meet at the plasma center on Monday.
If you think you have a gambling problem, go find the 800 number on your own. I’m not a goddamn public service announcement.
Since I live in the heart of Big Ten country, almost literally in the shadow of Ross-Ade stadium, those around me who know I’m a gambler will invariably ask me about the Boilermakers, so I might as well bet on them…
Purdue at Wisconsin (-2.5) O/U 51.5 $250 Purdue
Introduced by our own guest columnist King George VI (the grandfather of the current King Charles III), this feature is all about the line of the week that’s so outrageous it’s almost as crazy as we Americans find the idea of a monarch.
Iowa at Ohio State (-29.5) O/U 49.5 $25 Ohio State, $25 Over
We went back to the very first college football game in 1869, and the premise is simple…you’re the champ until somebody beats you. The current champion is the Oregon Ducks
UCLA at Oregon (-6.5) O/U 69.5 $50 Oregon, $50 Over
It’s like the game says…the idea is to hang on to your cash. That means this is the “big play” of the week; the one that should make today “Payday.”
Minnesota at Penn State (-3.5) O/U 44.5 $1,000 Penn State
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