Bet on Money line

Money LinesIn Football and Basketball betting you are given the option to bet a point spread or a moneyline bet। With money lines you wager which team is going to win. Disregarding the point spread. Example:Orlando Magic -280Houston Rockets +240If you wager on Orlando -280 you lay $280 to win $100 If you wager on Houston +240 you lay $100 to win $240 The line values are determined base on the point spread. When betting moneylines you are betting on a team to win the game outright

How to Read the MoneylineYour Guide to Sports Gambling.FREE Newsletter. Sign Up Now!Betting Strictly on the WinnerAfter learning about betting point spreads, Emily wanted to find out how to gamble on her favorite sport: Tennis. There are no point spreads in tennis and other individual sports like boxing and NASCAR because there is no meaningful way to measure how much a player wins or loses by. In these sports all that really matters is who wins and loses, and that’s where moneyline wagering comes into play. What Is the Moneyline?Like the point spread, the moneyline is used to equal out the attractiveness of the favorite and the underdog for the typical bettor.Sponsored LinksSoccer Tips by Experts
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Money line results are decided by an event’s straight-up winner, without regard to any point spread, since there is no point spread. Oddsmakers set the moneyline so that more money must be risked on the favorite (the expected winner) and less money on the underdog in an effort to balance the willingness of bettors to back the respective sides of a contest.
For example, Emily’s favorite tennis player Serena Williams wins a majority of her matches. The money line between Serena and her opponent, let’s say the 102nd-ranked player in the world, would not be even for this very reason. Sportsbooks would make bettors wager significantly more money on Serena than her opponent because of the disproportionate likelihood of Serena winning the match. How to Read the Money LineIn the case of Serena Williams versus an overmatched opponent, a reasonable moneyline would require Serena bettors to risk $400 to win $100; while a $100 bet on her opponent would win $360.
Here’s how the moneyline would be listed: Serena Williams -400 / #102 Ranked Opponent +360
Every $400 bet on Serena nets a $100 profit if she wins (plus the return of the $400 risked). If her opponent pulls off the upset, $100 bet on the underdog would profit $360 (plus the return of the $100 risked).
Keep in mind that sportsbooks only make a commission (also known as juice or vigorish) when the favorite loses. So if Serena were to lose that match, the book pays off $360 to underdog bettors while collecting $400 from favorite bettors, for a $40 profit.
If Serena wins as expected, favorite bettors collect $100 while dog bettors lose $100 – resulting in zero profit for the bookmaker. The bigger the favorite, the less likely the underdog will win (and the less likely the book will collect their commission). To compensate for making a profit less often, the offshore sportsbook increases the spread between the favorite’s lay price and the underdog’s payoff, making their commission bigger when the longshot underdog does win.
When the Bulls were rolling with Michael Jordan it wouldn’t be unusual for a NBA 1st round playoff series to be priced: Bulls -1400 / Overmatched Opponent +900. In such cases the books would collect their commission only the rare times that the underdog won; but when they did that commission would be quite large. When Is the Moneyline Used?Besides sports like NASCAR and golf, where the margin of victory doesn’t really matter, the moneyline is also the standard way to bet MLB. If a point spread were used with baseball, the smallest amount a line could be moved would be a ½ run, which would be much more significant than a ½-point move in basketball or football. Using a point spread in baseball would not allow an evening of the action with the necessary precision, so a money line is used.
Moneylines are offered on football and basketball too, both college and pro. The moneyline is another option in those sports for bettors who choose to focus upon picking winners without regard for the point spread. If Emily would have known about moneylines sooner, she might have placed a money line bet on her favorite NFL team - the New England Patriots – to win Super Bowl XXXIX.
The Patriots were 7 ½-point favorites against the Philadelphia Eagles, but -265 to win the game on the moneyline। Emily could have wagered $265 to win $100 on the Patriots. The Pats won 24-21, failing to cover the spread, but winning on the moneyline. Now Emily knows there’s choices other than point spread betting, and she’ll be ready for next season. Hopefully, so will you.