2 days ago FILE - In this Oct. 8, 2019, file photo, a man makes a sports bet at Resorts casino in Atlantic City, N.J. Sports books say the blitz of advertising they launched in the run up to the 2021 Super. When a wager ends in a tie, that's referred to as a push. When a bet pushes, the bookmaker returns the stake to the gambler, and no money is won or lost on the wager. Certainly, after watching an NFL game.
A ‘push' occurs when the result of a sporting event ends in a tie between the sports bettor and the Sportsbook.
Neither party wins or loses. So, the original wager is refunded back to the sports bettor.
Pushes in sports betting is not the worst thing in the world. What's annoying is that you can spend your time watching the entire game, only to break even.
Nevertheless, sports bettors are not punished by Sportsbook's for push bets. The full wager is always refunded.
Pushes are most common in sports that use the point spread, like Basketball and Football, but they can also be used in sports like Ice Hockey and Baseball in over/under betting.
Example
Imagine there was an upcoming NHL game between the Boston Bruins and the Calgary Flames, and the sports bettor was to bet that both teams would combine to score more than 5 goals.
The push comes into play if, at the end of the game, exactly 5 goals were scored.
If the bet was made and exactly 5 goals were scored, the bet pushes and the bettor would receive 100% of their wager back.
Parlay Push
If a bettor is making a parlay, every event in the parlay must win in order for the bet to win. But what if one of these events is a push? Does the parlay become void?
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In most Sportsbooks, the answer is no. If a push occurs on one of the events in the parlay, that event is dropped from the parlay entirely.
In essence, it's as if that event was never selected in the parlay at all.
After the event is removed from the parlay, the payout multiplier is adjusted, meaning that the new payout potential is also adjusted.
However, this is not always the case. Some Sportsbooks will count a push as a loss so it's important to be aware of that sportsbook's rules and T&C's before making the play.
Half Points
Most betting lines on offer do not use whole numbers. Instead, they use half numbers. These betting lines do not have a push as an option as half points cannot be scored in any sport.
Going back to the previous example, imagine the total goals scored was over/under 5.5 instead of 5 and let's say the bettor wagered on the over.
If 6 or more goals are scored, the bet wins. If 5 or fewer goals are scored, the bet loses. Half points are a way for Sportsbooks to avoid pushes.
At the end of the day, they are in the business of making money and pushes prevent them from doing so.
Avoiding A Push
While Sportsbooks look to avoid pushes, bettors benefit from not using them too. While pushes avoid losses, they also prevent wins.
For example, in American Football, the most common margin of victories are 3 points, 4 points and 7 points. This means that getting a half point on either side of the line can turn a push into a win.
Inside Trademate Push = Void
Inside the Trademate Sports products, we classify bets which end as a push as voided.
The reason for this is that the outcome of both these instances are the same. That the original wager is refunded to the sports bettor. So instead of having to different classifications it's simpler to just count them both as void.
This Article was written by Ghostbettingtips!
Do you know the different odds types?
We have written articles explaining them:
Push and pull spots are magnified buy low, sell high spots. This is a common theory is used in any field of investing, but how can this situation be applied to sports betting? Read on to find out how bettors can find push and pull spots when handicapping.
What is a push pull spot?
A push and pull spot is one my preferred angles when handicapping sports. The main difference between a 'buy low, sell high' and a push and pull is that a push and pull is a buy low and sell high going directly against each other. The market situation sets up when the market is heavily buying one team and selling the other.
The 'pushing' of the value up and 'pulling' of the value down stretches the market above and below the true price. Bettors who can spot the difference are able to squeeze out considerable value in their wagers.
Accumulating perception
Push and pull spots are most frequently created by accumulating perception. It is not a stretch to say that teams performing above average and winning will draw more money and attention than teams performing below average and losing, but the important thing to evaluate in push and pull spots is the odds movements in prior games.
Many bettors will only look at recent win/loss trends instead of identifying teams that are attracting money in the market. The 'recency bias' exists in almost every sports betting market as bettors love to overreact to what they saw last, while market makers do not make short term adjustments. This is why teams being pushed are often overvalued, and why teams being pulled are offered at a discount.
Existing market precedence
What Does A Push Mean In Sports Betting
Evaluating existing market precedence is an often ignored tactic by bettors. As mentioned above, understanding if a team is being bought or sold by the market is important. Equally important is finding a baseline for the market price.
- Read: Beating the betting market
A good place to start looking for market precedence is in recent matchups between the two teams during the same season. Each price in a betting market is initially set based off of a bookmakers' rating.
Unless there are critical injuries or major adjustments within the team, the odds between two matchups of the same team should be the same price with the difference of venue change and home field advantage.
If a bettor can calculate home field advantage, they can often see the true bookmaker rating and adjustment for recent performance in the initial odds.
Static prices
Looking at all of the games available to bet on for a single day can be overwhelming. If bettors do not have enough time to maintain a regression model, a good starting point for finding push and pull spots is comparing opening prices equal to current prices in games featuring a team performing well.
Push In Betting Terms
When odds remain static and do not move in games involving an over-performing team, it is often an indicator that a tug-of-war scenario is taking place - with money pushing and pulling the over-performing team in conjunction with the under-performing team.
How to bet on push and pull spots
In most Sportsbooks, the answer is no. If a push occurs on one of the events in the parlay, that event is dropped from the parlay entirely.
In essence, it's as if that event was never selected in the parlay at all.
After the event is removed from the parlay, the payout multiplier is adjusted, meaning that the new payout potential is also adjusted.
However, this is not always the case. Some Sportsbooks will count a push as a loss so it's important to be aware of that sportsbook's rules and T&C's before making the play.
Half Points
Most betting lines on offer do not use whole numbers. Instead, they use half numbers. These betting lines do not have a push as an option as half points cannot be scored in any sport.
Going back to the previous example, imagine the total goals scored was over/under 5.5 instead of 5 and let's say the bettor wagered on the over.
If 6 or more goals are scored, the bet wins. If 5 or fewer goals are scored, the bet loses. Half points are a way for Sportsbooks to avoid pushes.
At the end of the day, they are in the business of making money and pushes prevent them from doing so.
Avoiding A Push
While Sportsbooks look to avoid pushes, bettors benefit from not using them too. While pushes avoid losses, they also prevent wins.
For example, in American Football, the most common margin of victories are 3 points, 4 points and 7 points. This means that getting a half point on either side of the line can turn a push into a win.
Inside Trademate Push = Void
Inside the Trademate Sports products, we classify bets which end as a push as voided.
The reason for this is that the outcome of both these instances are the same. That the original wager is refunded to the sports bettor. So instead of having to different classifications it's simpler to just count them both as void.
This Article was written by Ghostbettingtips!
Do you know the different odds types?
We have written articles explaining them:
Push and pull spots are magnified buy low, sell high spots. This is a common theory is used in any field of investing, but how can this situation be applied to sports betting? Read on to find out how bettors can find push and pull spots when handicapping.
What is a push pull spot?
A push and pull spot is one my preferred angles when handicapping sports. The main difference between a 'buy low, sell high' and a push and pull is that a push and pull is a buy low and sell high going directly against each other. The market situation sets up when the market is heavily buying one team and selling the other.
The 'pushing' of the value up and 'pulling' of the value down stretches the market above and below the true price. Bettors who can spot the difference are able to squeeze out considerable value in their wagers.
Accumulating perception
Push and pull spots are most frequently created by accumulating perception. It is not a stretch to say that teams performing above average and winning will draw more money and attention than teams performing below average and losing, but the important thing to evaluate in push and pull spots is the odds movements in prior games.
Many bettors will only look at recent win/loss trends instead of identifying teams that are attracting money in the market. The 'recency bias' exists in almost every sports betting market as bettors love to overreact to what they saw last, while market makers do not make short term adjustments. This is why teams being pushed are often overvalued, and why teams being pulled are offered at a discount.
Existing market precedence
What Does A Push Mean In Sports Betting
Evaluating existing market precedence is an often ignored tactic by bettors. As mentioned above, understanding if a team is being bought or sold by the market is important. Equally important is finding a baseline for the market price.
- Read: Beating the betting market
A good place to start looking for market precedence is in recent matchups between the two teams during the same season. Each price in a betting market is initially set based off of a bookmakers' rating.
Unless there are critical injuries or major adjustments within the team, the odds between two matchups of the same team should be the same price with the difference of venue change and home field advantage.
If a bettor can calculate home field advantage, they can often see the true bookmaker rating and adjustment for recent performance in the initial odds.
Static prices
Looking at all of the games available to bet on for a single day can be overwhelming. If bettors do not have enough time to maintain a regression model, a good starting point for finding push and pull spots is comparing opening prices equal to current prices in games featuring a team performing well.
Push In Betting Terms
When odds remain static and do not move in games involving an over-performing team, it is often an indicator that a tug-of-war scenario is taking place - with money pushing and pulling the over-performing team in conjunction with the under-performing team.
How to bet on push and pull spots
Bettors should start by seeking out static prices in the betting market. An evaluation of the past five to seven matches should be done to see if one team is producing winning results while the other is producing losing results – remember to look for extreme streaks only.
If contradicting perception exists, begin to look for market precedence. Has the over-performing team been bet up or down in the recent matches? Has the under-performing team been bet up or down in the recent matches? If there is a contrast in the betting market, look for recent meetings between the two teams.
Adjust for home field and evaluate the difference in price. If the price is higher or lower, that is the market adjustment for recent performance. The handicap to determine value is then comparing the market adjustment for recent performance to the true market value. If it is too high, there is almost certainly value betting the team being pulled in the market.
Read more of Pinnacle's betting strategy articles to learn essential betting knowledge.
