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Loot explains History Of Sports Betting how vig works, which makes the actual break-even point 52.38%. When betting against the spread, you will be doing so on a money line of -110, meaning you must wager $110 for every $100 you want to win. You can also find a -105 line, where you only have to wager $105 for every $100 you want to win. Arizona State is favored at -240, with Arizona a +220 underdog.
