In Gambling What Is The Moneyline
A moneyline bet is a bet placed on one side or the other of a game, match, race, or any other sports event. The moneyline represents the value, or price, that a bettor is a paid out at if the competitor or team they bet on wins the game or match. It will be easier to understand how a moneyline works if we look at a specific example. Moneyline favorites are listed with “-” odds, and the underdog is listed at “+” odds. Geoff Fisk is a San Diego-based freelance writer, specializing in the poker and gambling. The term moneylines can have two definitions: a type of bet and also the odds attached to certain bets. Starting with the type of bet, moneyline bets simply focus on the outright winner of a game. One of the most popular ways to bet on sports is the moneyline. This common betting option is used by new, recreational and experienced bettors and it’s one of the simplest ways to make a sports bet because you’re wagering only on which team will win or lose. Odds Shark’s Moneyline Betting Guide will explain the wide variety of moneyline bets that can be made, why and how sportsbooks display the odds and how. What is a money line bet? What do I need to know when betting the moneyline? Can I parlay moneyline bets? We answer all these sports betting questions in thi.
- In Gambling What Is The Moneyline Rule
- What Is The Moneyline Bet
- Vegas Moneyline Nfl
- In Gambling What Is The Money Line
In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.
Money lines are represented in negative and positive values.
Negative money line: -145, -220, or anything similar
In Gambling What Is The Moneyline Rule
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.
That number also indicates how much money you need to bet/spend in order to win $100.
For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…
Positive money line: +145, +220, or anything similar
When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.
The number also indicates how much money would win in comparison to every $100 you wager.
For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.
What Is The Moneyline Bet
Money line examples:
Lets use an NFL example here:
New England Patriots -240
Miami Dolphins +220
To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.
To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.
In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.
A moneyline bet in sports refers to a wager on the winning team. The biggest difference between a moneyline bet and a spread bet is that the former doesn't involve points.
Vegas Moneyline Nfl
For example, the Philadelphia Eagles are a -6 point favorite over the New York Giants, but that number doesn't matter for the moneyline. The other part of the odds is that the Eagles are a -150 favorite to win, whereas the Giants are a +180 underdog to win. A moneyline bet would be a bet on -150 or +180. If you bet $100 on the Eagles to win at -150, you would net a payout of $166.70. If you bet on the Giants to win at +180, the payout would be $280 because they are an underdog.
In Gambling What Is The Money Line
In most cases, the favorite will have a ' - ' in front of its moneyline odds while the underdog will always have a '+ .' There are some cases in which the favorite is barely expected to win, often in a sport like soccer, where both teams will have a ' + ' in front of their moneyline odds. That's more often the case in soccer since draws are a possibility, whereas a winner is declared in almost every other sport because of overtime rules.