The total (combined points by both teams) is set by the sportsbook, and bettors can choose to bet over or under the total. Those bets normally have -110 odds. Opening odds for each game as listed by the first sportsbook to post a line. We list this to give you an idea of how a line has moved since it was first released. In reality the underdog not only covers, but prevails on a scoreboard in 40% of contests played. The cash player can be tricked into taking small favorites because of how much the line is over-valued. If I had asked what percent of 10-point favorites prevail outright, your guess would have likely been a lot closer to the actual number. Say it’s Sunday night of Week 1, at which point some (but not all) sportsbooks are going to start offering lines and totals for Week 2. Their opening numbers will be based on an algorithm as well as the insight of a sportsbook manager, but bookmakers know they aren’t going to have a perfect offering right off the bat. They don’t want to get hammered if they put out a bad number, so limits are low on these opening lines (i.e. even if you’re sitting at your computer when they come out, you can’t bet that much money).
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