If you see the letters PK in a National Football League betting line, what it means is neither team is the favorite and the point spread is subsequently zero. The "PK'' is an abbreviation for pick'em or pick. In sports gambling, you might also see the letters EV, which stands for even and is another way of saying there is no point spread or favorite.
In an effort to make sure each bet has a winner and loser, the oddsmakers will therefore often add a .5 to a whole number when setting the line. If you see a game listed at 6.5, this means the favorite must win by seven points to produce a winning bet. On the flip side, the underdog in the game will produce a winning bet if it loses by six points or less, or actually wins the game outright.
When the line is just a whole number such as 6, if the game ends with the favorite winning by winning six points the result of the bet is what’s known as a push or a tie. In the case of the spread ending up as the same as the result of the game, there are no winners or losers and bettors get their money back.
Oddsmakers rarely list NFL games as PKs. Unlike other sports such as soccer that can often end in a tie, NFL games almost always produce a winner because there is overtime play.
Since oddsmakers list NFL games as PKs approximately 1 percent of the time and games that end in ties are even rarer, the odds of a PK game in the NFL producing a push are slim, to say the least.
In addition to wanting to have winners and losers on bets, the reason NFL games rarely are listed as PKs is simply because oddsmakers will nearly always judge one team to be better than the other.
This can be offset, however, by factors such as the home-field advantage, injuries, and weather conditions. For instance, if a favored team relies heavily on the pass and the conditions are calling for heavy rain and wind, the point spread for how much it will win by could come down.
It's always a good idea to keep your eye on the line as the week goes along. To be a more successful bettor, you should also do your homework by studying team and player trends, and statistics. While relying on a gut feeling can often produce a winning bet, it doesn't hurt to use additional information when wagering your money.
When placing a bet on a PK game, keep in mind the sportsbook will charge you a standard "juice,'' which is the fee for handling your bet. As an example, suppose you see a game listed as New York Giants-PK (-110) and New England Patriots-PK (+110). This means the Giants are the favorite and you will need to wager $110 to win $100. The plus sign is assigned to the underdog and in this case if you put $100 on the Patriots you would win $110.
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What Does Pk Pick Mean In Soccer Betting?
The plus and minus are used in Moneyline betting, and they indicate the favorite and underdog. The minus stands for the favorite, and the plus stands for the underdog. They also display how much you need to bet to win 100 units and show how much you can win if you bet 100 units. You place a bet on a particular market, which calculates the chances of a certain event occurring. If you have guessed correctly, you will receive a payout based on the probability of this event occurring, and if not – the betting operator will collect the money. There are more, such as Rocket League, Valorant, Overwatch, and more.
The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen. A 7-point spread simply refers to the number of points posted alongside a team’s odds of winning. When there is a 7-point spread, it means that the favorite team needs to win by more than 7 points to win the bet.
Line betting is another popular term used to denote point spreads. Essentially, you are trying to cover the spread here, which is one of the community’s collective wisdom. Good teams win, a popular adage goes, but great teams cover the spread, and that is precisely what you should be aiming at. Winning money off wagers on football takes time, skill, and research. Every football season is different, so you have to spend time studying what options are available to you and how you can use them to your advantage. Pick them is another form of point spread betting in European football.
Now that we know how the point spread works and what it is, let’s take a look at some examples of different spreads available for the 2021 NFL season. Each of the lines below comes from DraftKings Sportsbook, the first couple from Week 1 and the last one from Week 17. Most times, particularly at high levels of professional sport, the competitors have very close talent levels, and therefore the handicap winds up on the smaller side. Take, for instance, last year’s Super Bowl between the Kansas City Chiefs and Tampa Bay Buccaneers. The market favored the Chiefs to win, making the Bucs the underdogs. You need to be very well familiar with everything that is happening in sports to place wagers well enough.
When a game ends in a tie, bettors get a refund of their initial stake because no team covers the spread. Point spread bets are a big part of most sports bettors’ winning betting strategy. Some professional bettors, like sharps, exclusively use point spread bets to win more bets. The Jets are the underdogs in this game so they’re given a handicap of +6.5. They must win outright or not lose by 7 points or more for the bet to win.
Asian handicaps start at a quarter goal and can go as high as 2.5 or 3 goals in matches with a huge disparity in ability. What makes Asian handicaps most interesting is the use of quarter goals to get the “line” as close as possible. Taken in conjunction with the posted total for the game, the handicap essentially predicts the game’s final score. The reason for this is because football and basketball are the most popular sports for the point spread bet. Of course, because there’s a lot less scoring, it’s also harder for oddsmakers to come up with competitive spreads.
In the US, gambling interest in soccer has been increasing rapidly in recent years. For example, say the 49ers score two early touchdowns in Week 1 while the Lions fail to move the ball. If the Lions take the ensuing kickoff to the house, you might see 49ers -11.5 after that.
Modified on: 12/04/18
On some matches you may see the spread expressed as "Pick" or "PK". This is also referred to casually as "a Pick'Em".
This means the spread is 0 for each team, no points are in effect.
If you bet on the pk or -0 spread on a team and that team wins the match 1 - 0 (or any other score) your wager is a winner.
If the match ends in a draw wagers on spread 0 (pk) will be refunded.
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If you are interested in spread betting, we are sure that you have asked what does PK mean in betting question. Well, the answer is simpler than you think, as long as you know the basics of sports betting, especially handicap and/or point spread bets.
We will answer what does PK mean in sports betting question below with examples and list of a couple of recommended bookmakers, so you can find these bets quicker and try your chance today.
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Here is a screenshot from BetUS soccer section, which shows how PK is displayed at online bookmakers.
It is possible to find PK betting opportunities in any sport, but it is more common in popular sports such as football, basketball, and American football. It is very unlikely that you will see this term being used on bookmaker sites. For example, when you visit NFL betting sites, you may not see a betting type called “PK” listed. In this case, we recommend that you browse the list of point spread betting and find the matches of teams with equal odds: These matches offer PK opportunities.
You have learned what does PK stand for in betting, so let’s continue with a couple of examples so you can understand the concept better. The following examples are taken from Betfair, from the soccer betting section mostly, but as we mentioned above, you can find PK betting opportunities for other sports and in other bookmakers too.
Bellow you can see a perfect example for over under betting and PK betting: The odds are the same for all these teams, meaning there is no clear favorite.
Buffalo Bills
Green Bay Packers
Point Spread
+10 ½ - 110
- 10 ½ - 110
Total
Ov 58 - 110
Un 58 - 110
Kansas City Chiefs
Tampa Bay Buccaneers
Point Spread
pk - 110
pk - 110
Total
Ov 45 ½ - 110
Un 45 ½ - 110
Baltimore Ravens
Seattle Seahawks
Point Spread
+6 ½ - 110
- 6 ½ - 110
Total
Ov 47 -110
Un 47 -110
So, what do these numbers mean? The table shows that Kansas City Chiefs and Tampa Bay Buccaneers are equal to each other in terms of winning chance. The teams are equal in power and both can win the match. There is no favorite or underdog – the point spread is zero. This is the classic form of PK and how money line betting works: You just need to pick the winning team.
The screenshot bellow shows what does PK mean in betting lines. Note that while the odds are the same, the winning conditions are not – we will explain this in more detail below.
Above you can see what does PK mean in spread betting. In this type of bet, you don’t just pick the winning/losing side: You also need to correctly guess the margin of victory. (Again, we are not going into details here.) In this example, Utah Jazz is the clear favorite and Charlotte Hornets is the clear underdog. Utah Jazz must win the match by 8 points or more and Charlotte Hornets must not lose it by more than 8 points.
However, the odds offered for both these outcomes are the same: 1.91 and 2.1. The equality here is between the probability of outcomes, not the power of the teams. However, this is still in the scope of PK betting since the handicap points and odds are exactly the same. Note that, however, this type of betting is more complex and requires knowledge about underdog betting, for example.
You have learned what does PK mean in soccer betting (or in any other sport), so it is time to give it a go. Pick one of our recommended bookies, list PK opportunities, and place your bet today: Don’t forget to use a bonus too and also and try some other good bets, like puck line in Hockey. Keep visiting us for more info and guides: what does PK mean in betting is not the only question we can answer for you. Good luck!