Category Archives: Live Betting

Understanding Sport Betting Odds

WagerWebHow To Read Sports Betting Odds

Point Spread – If A Football Team Is -7, Then That Team Must Win By 8 Points To Win The Bet

Over / Under – If A Over / Under Is 42 In A Football Game, The Total Of Both Teams Needs To Be Over 43 To Win

Moneyline Betting Odds – If The Money Line Has Team A -150 Against The Colts, I Must Bet $150 To Win $100 And If Team A Wins, Then I Would Win My Bet

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There are three forms of regular betting odds that you will see at every sportsbook that you visit, whether online or in person. These are the ones that you see right off the bat and the ones that really matter when you are betting on sports.

First there is the moneyline wager, which is the bet on who will win the event out right with no point spreads or other variables. You simply pick the team you think will win and place the bet. However, without using the odds, the payouts are usually much different then they would be with the odds in place.

When betting on the moneyline, the favorite will always have a negative symbol in front of the number and the underdog will always have a plus sign in front of it

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Then we come to what could be the most common type of bet, which is the point spread. Betting the spread allows players to wager on the difference in score between the two teams. For instance if the spread is 7 and you pick the favorite to win, that team will have to win by 7 to push or by 8 to win.

There is also the total score or the over/under, and this line lets you bet on whether or not the total score between all competitors will go above or below a predetermined amount. You simply look at what the Over / Under is and then bet on which you think it will be. If the number is 42 in a football game and you bet the over, you would need 43 points total between the two teams.

With the spread and the total you will occasionally see that the odds are distributed with “half points,” which are in place to prevent a “push,” or no one winning or losing the bets. As long as there is a winner or loser, the sportsbooks will make their money on the juice and be happy.

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Different Formats Of Betting Odds

SportsbookAmerican Betting Odds

American odds have become incredibly commonplace, despite the fact that they are not as easy to read as other formats. As an example, American Odds read like this:

Odds To Win Super Bowl:

Team A: -150

Team B: +200

Team C: +600

Team D: +1000

With American odds, the number represented is how much you have to bet to win $100. If the number is preceded with a “+” sign, then you would risk less than $100 to win a wager worth $100. And, the opposite is true when the number is preceded with a “-” where the bettor would have to risk more than $100 just to win $100 of the wager.

In the example above, you can see that Team A has the lowest number of the group and are considered to be the favorite to win this bet. If you wagered on Team A to win the Super Bowl and they end up winning, you are going to need to risk more than $100 to win $100 as indicated by the “-” symbol preceding the payouts. In this particular example, a bettor would need to wager $150 to win $100.

On the opposite side of that, the other 3 teams in contention all pay better than 1 to 1 odds (risk less than $100 to win $100). Team B is at +200: risk $50 to win $100. Team C is at +600: risk $16.67 to win $100. Team D is at +1000: risk $10 to win $100.

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Fractional Odds

Fractional betting odds are the easiest to understand. Just about every single sportsbook that caters to Americans has the option available for fractional odds. And, while they may seem daunting at first, you don’t really need to understand complex fractions in order to utilize these odds. Lets look at an example:

Odds To Win Fight:

Fighter A: 4/7

Fighter B: 3/2

In order to best understand these lines, you first need to look at the ratio to 1. In the example above, 4/7 odds is less than 1 and the opposite can be said for the other side as 3/2 is more than 1. Once you have determined this, you can figure out the favorite.

  1. Once you have determined this, you can figure out the favorite.

To figure out which side is favored, you simply need to figure out which is the lower number. In this case, Fighter A is at 4/7 odds which is less than 1 and Fighter B is at 3/2 odds which is more than 1. Fighter A’s wager is the clear favorite as it is the lower number.

So, how do you figure out what these pay? Again, we refer back to 4/7 being less than 1, and 3/2 being more than 1.

Anytime fractional odds are displayed at a value of less than 1, the bettor must risk more than they intend to win if the wager is a winner. And, the opposite can be said for if a fractional value is more than 1… that bet will pay more than what is risked.

As we said before, 4/7 odds are less than 1 so in this case, the bettor must risk $7 to win $4 from the wager. Then, 3/2 are more than 1 so when risking $2, the bettor will win $3 off the wager. As you can see, the payouts are in the fractional odds, you just need to know which way they go based on if they represent a value greater than or less than one.

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Decimals

Decimal odds are slightly more confusing than most other types of odds. In fact, we prefer not to use them when we bet but that is just our preference. Regardless, we are going to give you a little insight into these lines, as we want to give you insight about all of the common types of odds available.

If you look into these odds, you will definitely come out a little bit confused unless you are from Europe where these odds are commonly used than American or Fractional odds. The multiplication game is not as straight forward with decimal odds. Let’s take a look at another example:

Odds To Be Next President:

Candidate A: 1.50

Candidate B: 2.45

When looking at decimal based odds, the same thing applies to them as all the other forms of odds when trying to determine the favorite… which ever is the lowest number is favored. In the example above, the favored candidate is Candidate A at 1.50 however Candidate B is only a little bit behind at 2.45

Figuring out the payouts is where decimal odds can get tricky, but you’ll soon learn a little trick that will make these very easy to understand.

The best way to start off look at these odds are to consider them to be monetary amounts based on what you will win if you wager $1 or one euro, one pound, etc… which includes the original wager. Be sure to keep that in mind when looking at the other odds types.

If Candidate A wins the election, every $1 wagered will win $.50 plus the original $1 wagered which equals $1.50 or 1.50 odds.

Candidate B: every $1 wagered earns $1.45 which equals $2.45 or 2.45 odds.

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How To Live Betting Successfully

live-bettingRight Money Management

This is something all bettors should pay attention to regardless of their betting strategy and it applies to in-play betting as well. Setting the bankroll or the amount of money you plan to use for this purpose is one of the first things a bettor needs to do and since the live betting market is all about single bets, you should always place the same amount (approximately 5% of your total bankroll) on individual bets as this would give you the highest chances of creating profit in the long run.

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Only bet on sports you follow closely

In-play betting is unique in a way that it gives you the best opportunity to cash in on your understanding of a certain sport, so in order to increase your chances of winning you need to only bet on the sporting events you follow closely. Obviously, there is no point in wasting your money on sporting events you know nothing about.

Watch the games when possible

Great thing about this betting type is that you can watch a part of a game before placing your money, which can often prove to be the difference between winning and losing a bet. You can check the teams’ line-ups, tactics and style of play before betting on the game, so you should by no means pass on this excellent opportunity. If the match you are betting on is not broadcast live on TV, you can be sure that one of the online bookies will Live Stream it on their site.

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Only bet on sports you follow closely

In-play betting is unique in a way that it gives you the best opportunity to cash in on your understanding of a certain sport, so in order to increase your chances of winning you need to only bet on the sporting events you follow closely. Obviously, there is no point in wasting your money on sporting events you know nothing about.

Watch the games when possible

Great thing about this betting type is that you can watch a part of a game before placing your money, which can often prove to be the difference between winning and losing a bet. You can check the teams’ line-ups, tactics and style of play before betting on the game, so you should by no means pass on this excellent opportunity. If the match you are betting on is not broadcast live on TV, you can be sure that one of the online bookies will Live Stream it on their site.

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Halftime / Fulltime Betting

sports bettingA halftime/fulltime bet is a special betting form of the usual half-time bet and belongs to the category double bets. The only difference is that at these bets you bet on BOTH the standing at half-time as well as the result after the full time. This typ of bet is very similar to scorecast/wincast betting.

Important: A halftime/fulltime bet is only won if you predicted the half-time standing AND the full-time result correctly. The only precondition of this bet is that the event has to be interrupted by a break.

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The following table gives a visual overview of a halftime/fulltime bet and should help to understand this betting strategy. The odds indicated in the table are realistic and show the differences between the 9 different outcomes of a game.

tip halftime fulltime odds
1/1 home-team leads home-team wins 3,25
1/X home-team leads draw 13,50
1/2 home-team leads away-team wins 28,25
X/1 draw home-team wins 5,50
X/X draw draw 5,10
X/2 draw away-team wins 10,25
2/1 away-team leads home-team wins 23,50
2/X away-team leads draw 13,75
2/2 away-team leads away-team wins 6,20

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German Bundesliga and decided for three different halftime/fulltime bets.
The first bet is a 2/1 bet where we bet on an Away-Team lead at halftime and a Home-Team win after 90 minutes. The second bet is as easy as it appears. We bet on a halftime Home-Team-Lead and a Home-Team-Win at fulltime a classic 1/1-bet. In the third bet we guessed that the Home-Team leads after 45 minutes but in the end the two teams will draw.

Which sports are good for halftime/fulltime bets?

The popularity of this betting form spreads out into almost every sport. As mentioned earlier, as long as the games are separated into (at least) two periods you can bet at a variety of different sports.

With football games leading the way also games of other sports like rugby, American football or basketball have often been used for halftime/fulltime bets. A special form constitutes ice-hockey whose games, most knowingly, are separated into three thirds. Nevertheless, a few betting sites offer bets where you can bet on the standings after the first (or second) third in combination with the result after the full game. In our sports betting tips section you also get information about half time full time tips.

Can you make money with halftime/fulltime betting concept?

These bets are most admired for their usual high odds. Bets on a team to lead at halftime but lose at fulltime usually go along with odds between 20 and 30. To play halftime/fulltime bets profitably we suggest specializing on favorite wins.
As an example: Look for games in which the favorite (Home-Team) got the odds of about 1.50 to win. Then place two single bets. In the first you bet on 1/1. That means you bet on a Home-Team-Lead after 45 minutes and a Home-Team-Win after 90 minutes. As a second bet place an X/1-bet where the half-time standing can be a Draw but in the end the Home-Team goes away with the win again. In this way you can get the most profit out of these bets.
You will recognize that this strategy is as described the most lucrative. This is because even if you guess every third bet wrong you will still gain money due to the high odds of the halftime/fulltime bets.

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Double Chance Betting Strategy

live bettingSimply put, in this betting strategy you can bet on two outcomes of a game. Needless to say, the only precondition is that the sport you are betting on has three different possible outcomes (e.g. Win, Draw, Loss). Compared to a common bet where you only bet on one of these three outcomes, in a double chance bet you bet on two and thus decrease your risk. On the downside of this, of course, the odds are lower than on common bets.

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Examples for double chance bets

As an example we take a look at a football game. In football you can bet on the required three outcomes of a game. A team can win (1), lose (2) or draw (X) against its opponent. So, if you have the feeling that the underdog (Away-Team) is able to draw the favorite or even to beat him, you could place your bet on a Draw (X) or an Away-Team-Win (2). Let’s say Liverpool FC is up against Aston Villa in the Premier League. At the book-makers the “Reds” are a runaway favorite, but you think that Aston Villa could get at least one point out of the game? In this case you could place an X2-bet to increase your chances to win. On the right side you can see an example for double chance betting system.

Generally speaking there are three different possibilities of a double chance bet:

Case 1: Win Team A + Draw – 1X

Case 2: Win Team B + Draw – 2X

Case 3: Win Team A + Win Team B – 12

Is it possible to make money with a double chance strategy?

All in all, yes you can. However, the odds are usually lower than on common sports bets. That is why you should use this betting concept for games with a risky outcome. At those games the odds are generally a little higher and despite the decrease due to the double chance still profitable. Because of the decreased risk that double chance bets go along with, they are also perfect for your accumulator bets to push up your odds. For example you can combine your double chance tips with some handicap betting.

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Which sports are ideal for double chance bets?

As earlier mentioned, those bets are only available for sports with three outcomes. Hence you cannot bet on sports like tennis or volleyball, where there is only one winner and they cannot draw. Apart from sports like those they can be useful in any other sport. Nevertheless, they are very popular with football bets because football bears so many surprise wins and losses (or draws).

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Live Betting Tips

live bettingLive Betting includes bets that occur on a constantly evolving line during a game in play. You can usually bet on quarters, halves and the outcome of the whole game itself. You can do so by finding the game in the sportsbook and clicking on the “Live Betting” link under the matchup.

A window will then open with odds that reflect the current score of the game. You’ll notice that the Live Betting spread will be different than the pre-game line that was initially set for the game because it’s based on the action. For example, if Oklahoma City is -9.0 favorites against the Brooklyn Nets, and they’re up 14-3 in the first quarter the spread will probably be much higher. Likewise, if they’re down 3-14, the spread will come down closer to even.

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Spreads, totals and moneylines will vastly change as the game progresses. If the Thunder are down 37-48 heading in to the second half, you will be able to bet on a modified spread, total and moneyline. If you’re watching the game, or even attending the game, you can use Live Betting to either hedge a losing pre-game bet or compound it.

TIPS FOR LIVE BETTING

  1. Start With A Pre-Game Bet
    You are definitely free to live bet on a game that you haven’t laid previous action on (and it’s a great way to get in on a game when you don’t get a bet in earlier), but this at least gives you a starting point. If you are worried about losing your bet, you can use Live Betting to recover your original amount. Better yet, you can lean harder on your original position in order to increase your gains. Starting with a pre-game bet gives you a sense of context – you know which outcome you’re rooting for.

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  1. Have A Good Bankroll
    Loading up your account with larger balances gives you a better chance at more freeplay, but when it comes to Live Betting it gives you flexibility as well. If you’ve dumped all of your existing money in to a regular bet, that will leave you with no money for Live Betting. This seems like obvious thinking but if you have a particular NBA or NHL game in mind, and $100 to spend why not leverage $50 on a pre-game bet and keep $50 in store just in case? This leave you some flexibility to see how a game unfolds and allows you to either cover your tracks or double up your winnings.
  2. Trust Your Instincts
    Your instincts can be based on numbers or gut feelings. It’s up to you and the type of player you are. Develop a strategy and stick to it, tweaking it along the way until it resembles something you’re comfortable with.

One tidbit about that Iron Bowl game – I was alone at home on my couch. Ok, my cat was there too. Live Betting made that game a thousand times more thrilling win or lose. You walk in to your bets with a gameplan. Live Betting allows you to execute that game plan and react to the action as it develops adding more excitement and fun to the journey.

Gambling is an edge-of-your-seat ride to begin with. Now imagine strapping rockets to the chair and travelling at a hundred miles an hour. That’s how fun Live Betting is. Give it a shot with a solid strategy and a decent bankroll and you won’t regret it.

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Types of Sports Betting

Sports BettingWhen most people think of sports betting they tend to think of it in its traditional form. That is, simply placing straightforward wagers on the outcome of sporting events. Even though the internet has changed things dramatically, online sports betting is still largely about making traditional wagers. However, there are a few other ways of betting on sports too.

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In Play Betting

Most sports betting sites offer in play betting these days, and it’s one of the most popular ways to bet on sporting events. Although, relatively speaking, it is something of a new development, in a few years it has had a huge impact on the way people place wagers. It’s also incredibly straightforward. Basically, it’s all about placing wagers while a sporting event is taking place rather than before it starts.

It’s also known as live betting and it opens up a whole new range of betting opportunities. There are all kinds of different wagers you can place such as which player or which team will score next. One of the biggest reasons it’s so popular is that it allows you to get a feel for how an event is turning out before deciding where to put your money.

Exchange Betting

Exchange betting is another relatively new development in the world of sports betting. It has proved to be incredibly popular though and many people now choose to place their wagers in this way. The wagers you can place are essentially the same as in traditional sports betting but there is one fundamental difference in the way it works. Instead of using the services of a bookmaker, you are betting against other people who are taking the opposite position to you.

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Fantasy Sports Betting

Playing fantasy sports is not about betting directly on the outcome of sporting events at all. It’s still about trying to make money out of your sporting knowledge. The basic concept is that you create a fantasy team by picking your chosen players and then put that team up against teams created by other players. The betting aspect is that you stake money on how your team will perform against your opponents.

You can play on a number of sports and there are various ways in which you can wager money. Playing fantasy sports has become very popular and it’s a great way to combine having a bit of fun and also trying to win some money.

Spread Betting

There are actually two types of spread betting. One is betting on the point spread, which is a very common way of betting on sports – particularly in America.

The other form of spread betting is not quite as straightforward, or as common. It can be very profitable but there is also a lot of risk involved too. This is because the amount of money won or lost is not a fixed stake, but varies depending on how accurate a wager is.

In some ways it’s similar to totals betting, in that you predict whether a specific value (for example the number of goals scored in a soccer match) will be higher or lower than the amount set by a bookmaker. However, wagers are settled based on how much higher or lower the value is. To understand exactly how this works, please read our dedicated page on the subject.

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NHL Live betting

online betting siteFor every NHL game, once the action is live, bettors can place the following bets during intermissions:

For all 1st and 2nd period intermissions:

  • One handicap line
  • One money line
  • One total

We will not offer live odds after the third period in tied games, and there is no offering between OT (Over Time) and shootout.

For selected high profile games, especially so during the playoffs, we may also offer up to three alternate handicaps and totals, giving you even greater options in-play.

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As with all of the odds offered at Pinnacle Sports the margins are extremely competitive at 4%, which in American odds is 16 cent, or -108/-108. You will do well to find value like this anywhere else.

The limits are also what you have come to expect from Pinnacle Sports and will generally be as follows, though they vary by game, and may increase during the Playoffs:

  • Handicap $1,500 or equivalent in your currency
  • Money Line $3,000
  • Total $1,500

NHL Live betting strategy

Betting on an NHL game as it progresses can simply add an extra interest to watching the action unfold. Ice hockey is fast, furious and adrenalin packed, so what better way to match that excitement than by trying to interpret the ebb-and-flow of the game with a live bet.

Your basis for making a pre-game bet – such as tactics, formation & form – can quickly unravel once a game begins to unfold, so live betting enables you to wait to confirm your pre-game ideas about how things will pan out.

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As well as providing an alternative to pre-game betting, Live NHL betting can also provide a compliment. Should you bet pre-game on the Leafs to win in regular time against the Kings, and they take a 2-0 lead in the first period, you can hedge this bet using updated intermission odds by taking the expanded price on the Kings. This kind of basic hedging can work across handicaps, money lines and totals.

Understanding team mentality is vital for live NHL betting. For instance a team trailing by one goal towards the end of the game may pull their goalie and replace him with an additional attacker. However, this often leads to the winning team scoring again, rather than an equalising goal, which should interest bettors betting on games with -1.5 handicaps during the second intermission of close matches.

For more expert bettors Live NHL odds can enable correlated betting based on perceived relationships between the three main markets offered.

Hopefully you have read enough to encourage you to bet the next NHL action live

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The best live football betting strategies

sports betting siteMatch Betting

The most-simple form of in-play betting. Fancy your side to win on the road this weekend but don’t think much of their pre-match price? Patience is a virtue. Hold your nerve with the bookies and wait it out. The longer your team stays at 0-0, struggling to break through the opposition defence, the more they will drift in the market. Confidence and timing are key here. If you keep faith in the fact that your team will score and win, wait until they ease to a price more in-line with your thinking and then get on. If you’re really confident you could even lump on your side to win the match despite going a goal behind. If you’re boys start slow and find themselves 1-0 down after 10 minutes, there’s still plenty of time to claw it back. Arsenal start week eight in the Premier League an unappealing 1/3 with Paddy Power vs Hull but it pays to remember that The Gunners were 2-0 down after eight minutes when the sides last met before coming back to take a dramatic 3-2 FA Cup win.

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Match Corners

Get a feel for the game and then make your bets. Is the match swinging from end-to-end? Are the hosts battering down on the goal of their unwelcome visitors or is the tie bogged down in midfield with neither side able to force things their way? It’s worth watching how the match has started and figuring out how it’ll shape the rest of play. Chelsea took a famous 2-0 win over Arsenal in week seven of the Premier League but much of the battle took place in no-mans-land meaning the game produced just three shots on target, all from The Blues. That sort of tussle would have me reaching for the corners market, less goalmouth action means less corners and under 10 in the game would have been a bet pretty early on, we ended up with just four. If it’s a midfield battle, back under a certain amount of corners and you’ll be happy to watch the sides cancel each other out.

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Booking

Whether it’s a relegation dog fight or derby at the top of the league, passions are sure to be running high when there’s more than just three points at stake. The first Merseyside Derby of 2014/15 ended 1-1 at Anfield thanks to goals from Gerrard and Jagielka, not much good if you came down either side of the fence pre-match. It’s always worth playing the bookings in games like this however as the referee will be all too aware of the rivalry and want to stamp his authority all over the fixture. Have a look through the line-ups and players preparing for kick-off. Is this a derby debut for anyone or are there players in the away dressing room looking a tad nervous and caught up in the occasion? Back them to be the first player booked, or back his employers to be the first team booked. The man in the middle won’t stand for too much so if you see a player push his luck early, his card will be marked, one way or another. An example of this came in the Merseyside Derby where former England skipper Gareth Barry went into the book after just 2 minutes. I’d put good money on that not being the last in live play either.

Under/Over Goals

Another market where it pays to have your trigger finger poised and ready for action. Has the game started at a nervous pace with both teams more worried about conceding than scoring themselves? Have a play on the under goals market, for example under 2.5 goals. You’ll need to have your senses about you when playing this market however as the closer the game gets to full-time, the smaller the odds will become. Watch the first 10 minutes with interest and make your play judging on how things are shaping up.

Asian Handicap

This is a valuable market but one you must fully understand before placing your bets, get it wrong and see how much sympathy you’ll get from bookmakers, and rightly so I suppose. Asian Handicap is about forgetting what has happened so far in the game and making your call on what is about to happen. If your team are 3-0 up and you think it’s free money to back them on the Asian Handicap -0.5, think again! The bet will be settled as if the game was level at the time of you having your say and the handicap re-sets after every goal scored. So if you’re team are 3-0 up after 70 minutes there’s every chance they’ll make a few changes to safeguard the points and avoid injuries, whereas if they are 3-0 up after 20 minutes, I’d say there’s more goals to come. Backing your side -0.5 means they will still have to score at least one more goal during the match.

Bet Smart

Betting is full of fads but it’s testament to in-play betting that it’s as popular now as it was when it was first announced, perhaps more so, punters just love it. However with the game in a frenzy and prices constantly updating across the board in front of your very eyes, it’s easy to get caught up in the moment! Play safe, understand the market you’re going to be betting on and keep your stakes in-line with what you would stick to before kick-off. In-play betting is all about having confidence, nerves of steel and being in the right place at the right time. Bookies still want most things on their own terms so will be watching the game on a feed which is probably a second or two quicker than your TV at home and will suspend betting when needed. If your team get a penalty you won’t be able to jump on first goal scorer, that’s for sure. They will have around an eight second time delay on you placing a bet and it being accepted, so the quicker you act the more chance you have of getting on.

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Exotic Bets

free poker gamesThere are so many types of props that one could write an entire novel devoted to them. Let me break them down into general categories of basic, intermediate, and advanced. These are loose categories and very subjective but will provide a nice overview for the prop newbie.

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Basic Props

Basic propositions are things that are easy to define and bet. Things like “will the coin toss be heads or tails?” or “how many catches will Wes Welker have?” These are very standard and offered at most sites for most NFL games. These types of basic props are usually for short durations

Intermediate Props

These props are a bit more involved. They may last for a few months, or even a whole season. They may include questions such as “will any NFL player have over 4800 yards passing this season?”

Advanced Props

These advanced or specialized props can include anything the sports book is crazy enough to think up. Especially around Super Bowl Sunday, these props get creative. Questions such as “total number of players to throw a pass” and “Dwayne Wade free throws vs Ben Roethlisberger completions” are asked, bet on, and answered. Again, almost anything you can think of is fair game.

What’s The Juice?

Props usually have higher than usual juice, or house edge, than standard sides or totals. Some sites have higher juice than others. For example, a popular bet is to bet on the coin toss for the Super Bowl. Some sites use the standard -110 for heads/tails, while others have juice as low as -101.

Usual juice ranges from -110 to -120 depending on the sports book. Obviously the lower the juice the better the value, and the easier it is to make money.

Finding Value In Props

With such a wide range of props available, bookmakers don’t always have the time or resources to stay on top of props. This means that if the game line or other factors change, the props related to that game may not be as fast to change as expected. These “underlying” bets or props are also known as derivatives. So there may be a prop that lists the total number of touchdowns scored in a game. All of the sudden, the total starts dropping fast. The prop may not move at all, and savvy bettors see an opportunity and pounce, betting big on the under. After a few max bets, the book may move the line or adjust the juice. But it’s too late at that point.

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Props aren’t as efficient as regular game lines because of this feature. Some sports books take large, five (sometimes six!) figure wagers on game spreads but only maybe $500 or $1000 max on props. This inefficiency can be exploited and profitably bet. However, most books will be quick to limit/ban players who take advantage and aggressively bet props.

Props can be analyzed and overanalyzed to death, and that is another reason books limit their exposure. A player who has specialized knowledge can have the edge over a sports book where the linesmaker may set lots of lines and not devote as much time to each player/team/situation.

Exotics Can Be Beaten, But Not For Long

Exotics, or props, are easy to beat for professionals who invest the time necessary to do so. However, the sports books are usually quick to limit players who try to do this. It is a cat and mouse game that often results in players and sports books going back and forth trying to cover their true intentions. It is interesting and often profitable one way or another.

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