The Numbers

For those of you who are unfamiliar: a negative line means you stand to make LESS than your original bet as profit if you win. If you bet $1.00 on a -110 line and win, you will receive:

• Your $1 back
• Profit according to the formula: ORIGINAL BET / MULTIPLIER, where the multiplier is the absolute value of the line divided by 100. In this case, |110|/100 = 1.1; $1.00 / 1.1 = $0.909
• $1.00 + $0.909 = $1.909

Betting $1.00 on a +100 line and winning will earn you:

• Your $1 back
• Profit according to the formula: ORIGINAL BET * MULTIPLIER, where the multiplier is the line divided by 100. In this case, 110/100 = 1.1; $1 * 1.1 = $1.10
• $1.00 + $1.10 = $2.10

Finally, for the sake of simplicity, I'd like to clarify what I consider to be three types of bets that can be pretty useful for reporting statistics:

• Regular bets: most lines for basketball, football, and over/unders in baseball fall between -105 and -115, but I'm counting from Even (100) to -120 for reporting ease.
• Safe bets: anything -120 or more negative. Usually a lot of people are choosing these because they are (supposedly) more likely, and therefore offer less profit for betting and winning.
• Money bets: anything with a + before it. Betting on a + is against the grain, and the system tempts you to take the bet by offering you a good premium if you win. 

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CENTSPORTS RESULTS  as of April 20, 2010:

All-time Win-Loss: 39-28 (58.2%)

-->Regular bets: 5-7 (41.7%)
-->Safe bets: 13-6 (68.4%)
-->Money bets: 21-15 (58.3%)

All-time Average Line: -102.3

Centsports Balance: $9.80