Image credit: Matthew D. Britt\/Flickr, CC BY-NC-SA 2.0<\/em><\/figcaption><\/figure><\/div>\n\n\nHome\/away splits are another factor. On paper, one team is slightly better than the other if they played on a neutral site. For example in the NFL regular season, the Seattle Seahawks have a noticeable home-field advantage in front of their boisterous fans and in a stadium that’s so loud that opposing teams struggle to communicate with each other. The San Franciso 49ers are the better team and should be a two-point betting favorite at a neutral site. However, the 49ers must go on the road and play the Seahawks in a hostile environment, so the point spread will be moved to a pick’em.<\/p>\n\n\n\n
Understanding PK Odds And Payouts<\/h2>\n\n\n\n The odds for a straight pick’em bet might be slightly lower than a moneyline wager, but the simplicity is why it’s popular.<\/p>\n\n\n\n
With a moneyline wager in soccer, there are three potential outcomes including a draw. That’s a 33.3% chance that any of those outcomes will win. With a pick’em bet and only two potential outcomes, there’ a 50% chance that your wager wins.<\/p>\n\n\n\n
Bettors will opt for a PK bet when there are two evenly matched teams. This often happens in major championship events li the FIFA World Cup Final, UEFA European Championship, or the MLS Cup Game.<\/p>\n\n\n\n
The standard price for a pick’em bet in a college football or NFL is -110 odds, or you must lay $110 to win $100. Keep this in mind because sometimes it\u2019s better to bet a pick\u2019em, and there are some instances where a moneyline bet is a better option.<\/p>\n\n\n\n
Keep an eye out for situations when the point spread is a pick’em but there\u2019s a discrepancy in the moneyline. In Week 1 of the upcoming 2024 NFL season, the New York Giants host the Minnesota Vikings. A few sportsbooks listed the line as a pick’em. However, the moneyline prices are different for each team with the Giants at -115 and the Vikings at -105.<\/p>\n\n\n\n
If you want to bet the Giants, a pick\u2019em bet is the better option. If you make a moneyline wager on the Giants, you will have to lay $115 to win back $100. Pick’em bets are -110 odds, so you’ll only have to lay $110 to win $100.<\/p>\n\n\n\n
If you think the Vikings will win, then a moneyline wager is a better bet than a pick\u2019em. If you bet the Vikings on the moneyline, you only have to lay $105 to win $100, versus a pick’em bet where you must lay $110 to win $100.<\/p>\n\n\n\n
Pros And Cons Of PK Betting<\/h2>\n\n\n\n Some cautious bettors prefer pick’em bets, or draw no bet in soccer. It’s often viewed as the safest bet to make because you only have a 33.3% chance of losing, with a 33.3% chance of winning and a 33.3% chance of getting your money back if the game results in a push.<\/p>\n\n\n\n
One of the negatives about betting a pick’em is that it’s hard to predict the outcome.<\/p>\n\n\n\n
When an oddsmaker handicaps a game, a multitude of factors are considered and explored. Even during an era of analytics and advancements in AI technology, it’s still amazing when a game is listed as a pick’em.<\/p>\n\n\n\n
If oddsmakers and sportsbook experts are unable to make a decision after analyzing even the most granular data, then there’s probably multiple reasons why it’s a pick’em. If a game is that difficult to pick and too close to call, it’s probably wise to avoid it.<\/p>\n\n\n\n
Lead image credit: SeventyFour\/Shutterstock<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"The term “PK” in sports betting simply means “pick’em.” It is a type of bet. A pick’em is a rare …<\/p>\n","protected":false},"author":107,"featured_media":40906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"acf":[],"yoast_head":"\n
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