What does alt mean on fanduel explained in simple terms right here

What does alt mean on fanduel explained in simple terms right here

"Alt" on FanDuel is an abbreviation for "Alternate." It refers to Alternate Lines or Alternate Point Spreads/Totals offered for games, primarily used in betting on player performance props (like points, rebounds, assists) or sometimes team-based markets.

What are Alt Lines?

Standard betting lines for a player prop might be set at, for example, Over/Under 15.5 points. Alt lines provide different thresholds for the same outcome.

  • Purpose: They offer flexibility to bettors seeking different risk/reward profiles.
  • Structure: Bettors choose a different stat line (e.g., Over/Under 12.5 points, Over/Under 18.5 points, etc.) instead of the main market line. Each alternate line carries adjusted odds (higher or lower) reflecting the likelihood of that specific outcome.

Key Characteristics

  • Higher Reward, Higher Risk: Betting "Over" on a lower alt line (e.g., Over 12.5) is easier to hit than the main line (Over 15.5) but pays significantly less. Betting "Over" on a higher alt line (e.g., Over 18.5) is harder but offers much bigger potential payouts.
  • Lower Reward, Lower Risk: Conversely, betting "Under" on a higher alt line (Under 18.5) is safer than the main line (Under 15.5) but pays less. Betting "Under" on a lower alt line (Under 12.5) is riskier but pays more.
  • Flexibility: Allows tailoring bets to specific predictions and risk tolerance.

When to Consider Them

  • Predicting a Blowout/Struggle: If you strongly believe a player will significantly exceed or fall short of the main projection.
  • Managing Payouts: Wanting higher certainty (lower alt lines) or chasing higher payouts (higher alt lines).
  • Reacting to News: Adjusting exposure if a key teammate is injured (maybe take a lower alt over) or returning (maybe take a higher alt over).

In essence, FanDuel's "Alt" options provide multiple betting lines on the same event, letting users choose different thresholds with correspondingly adjusted odds based on perceived difficulty.

What does alt mean on fanduel explained in simple terms right here