what does betting on the money line mean

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What is it? Why is it so valuable? Should I buy some? How do I buy some? Yes, this is actually happening! And why not? Imagine a gigantic piece of paper that lists every transaction ever completed.

What does betting on the money line mean betting all in poker

What does betting on the money line mean

Odds of is pretty common, but sometimes you can find a sportsbook with reduced juice. Bills would need to lose by four points at less. Once the game is final you would add 4. Bills would need to lose by five points or more. If after adding 4. In the scenario of a tie, if adding the four points to the Bills equals the Steelers then a tie is scored and the wagered amount is returned to the bettor.

If you are betting the Bills then the term is referred to as getting the points. Some might refer to it as catching the points also. A bet on the Steelers is referred to as giving the points or more commonly laying the points. As moneyline odds change as previously mentioned, so does ATS lines. Once the sportsbooks receive more units on the Bills the line will be shifted down to deter additional bets on the Bills.

The sportsbook might drop it to 4 or even 3. Likewise, if more money is being placed on the Steelers the spread will increase to 5 or 5. The shift is because the sportsbooks need to balance out the money wagered between the two sides.

There are no limits or restrictions on how often a line can move. Middling is a strategy of betting both sides of the spread — once before the line moves and once after the line moves — and hoping the final score settles in the middle, so both of your bets win. Because the spread is subject to shifts based on which team is getting more support, a publicly adored favorite can move by a few points, and create an excellent opportunity for aware bettors.

Take Super Bowl 50 as an example. The Carolina Panthers opened the week as 3. Point spreads are used in most sports. Very very rarely do those sports post different ATS spreads. Basketball, football and soccer are dependent on the matchups. In basketball and football you can see point spreads into the double digits.

Sportsbooks will set the total number of points scored thus allowing you to determine if more or less will occur. In our example of For that bet to win 39 points would have to be scored. For those thinking less than 38 points will be scored a wager on the under would be more to your liking.

Since it is a bet on the total points scored it is irrelevant how many each team scores. A dream scenario for over bettors as overtime means more time to score points! When a game is tied after regulation and extra time is needed to determine a winner this is music to the ears of over bettors. Meanwhile, the under bettors are left sweating the extra time. A parlay of Bills and the under means the Bills must win and the total be under Now that you understand the basics to betting you can succeed!

As with most things, consider starting off slow while getting yourself familiar with the industry. Starting with these three basic bets is a great way to start. That number represents how many points, combined, are expected to be scored during the game. If you bet the over, any final score that adds up to or more will make you a winner, and any score that is or lower will cause you to lose. One of the appeals of game total bets is that you can win no matter the quality of the actual game.

Just be aware that totals, like the spread, will do the following:. Point spread betting differs from your over under or moneyline bets. The spread is another very popular betting line among sportsbook players. Unlike multiple betting , point spread betting involves using a median number calculated by a bookmaker, when two teams are competing against each other. This article will help to assist readers, sports betting explained in a digestible way, in understanding how to cover the spread and providing examples of its use.

Simply put, covering the spread is used by oddsmakers to spark interest in the other team involved, where the odds are skewed, offering the underdog as a viable betting option; in a moneyline bet for example. If we take the example of football, NFL moneyline point spread odds are often set at 1. Something went wrong. Money lines are represented in negative and positive values.

Negative money line: , , or anything similar When you see a minus - sign in front of a price, it shows you that team is the favorite to win the game. Related What does chalk mean in sports betting? Alabama vs. Ohio State: How to bet on the National Championship game. July 8, From The Web Ads by Zergnet. Share this article shares share.

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This simply means that you will get paid even money on your bet. Now that you know how the money line works in sports betting, here would be the perfect place to clear a confusion often ran into by people new to betting or to the American system of betting odds.

It's very important to make a clear distinction between "money line" and just "line". As we already explained, "money line" is a form of bet, relating to the straight-up outcome of the game. In this aspect, money line is similar to "point spread" or "total". On the other side, "line" is the payout on the bet, i. In this regard, "line" is similar to "odds", the form for calculating payout in the U. I know it got overly complicated all of a sudden so let's look at an example once again.

The image below has been taken from the online sportsbook BodogLife and shows part of their NFL betting sheet. To show you the difference between "money line" the bet and "line" the form of calculating the payout, we have circled "money line" with red and some of the "lines" with blue:. As you can see, the Titans line on the point spread is or how much you will win if the team covers the spread, while the money line on the Titians is or how much you will win if the Titans win the game.

News - Latest - Entertainment. Online Casinos. The odds on a typical National Hockey League game may look like:. But the odds on a game with a larger favorite are more inclined to look like:. The larger difference in odds is typical in all sports, not just hockey , so it isn't as if hockey bettors are being singled out. While betting on the winner of the game, as shown above, is the most popular method of betting the NHL, there is also the puck line.

Baseball bettors will recognize this as being quite similar to the run line. When betting the puck line, bettors can either lay 1. Using the two games above, the puck line odds will be something like:. Now, Calgary bettors will win their wagers if Calgary wins the game or loses by one goal, while Vancouver bettors can only win their wagers if their team wins by two goals or more.

Likewise, Toronto bettors will win their bets if the Maple Leafs win or lose by one goal, while Detroit bettors will only win their bet if their Red Wings win by two or more goals. Bettors also have the option of betting on the total number of goals scored in a game. The sportsbooks will post a number, generally between 5 and 6. There is one primary difference in betting hockey totals as opposed to betting basketball and football totals.

Because scoring in hockey is so much lower than in football or basketball, the bookmakers are reluctant to change the number of a total and instead will often adjust the odds. The bookmaker will generally raise the odds up to before raising the total to the next number, which in this case would be 6.

So totals can take on several different forms, but will nearly always look like one of the two following examples:. Detroit vs. Toronto over 5. Toronto under 5.

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A nice profit can be made if a touchdown or more underdog pulls off an outright win. When betting with a point spread you are wagering that a particular team will win or lose by a certain amount of points. This pays out even-money minus the vigorish, or bookmakers take, which we will later explain further. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back. These are examples of 'side' betting with a point spread.

There are also 'total' wagers that refer to the total amount of points scored by both teams. The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker.

In a perfect world if all bookmaker action was balanced, they would be guaranteed a nice profit because of the vig. Identify the favorite : Lines with a - before the number i. That does not mean you have to bet that much, it's just easiest to understand! The most important thing you can teach yourself early on is: "Just because the books assign one side to be the favorite even large, or , favorites , does not mean that they will win. Money line odds - These are by far the most common form of odds in North America for sports betting.

They are expressed as numbers greater than , and they can be either a positive or negative number. Each one is a little bit different. Just what is a moneyline? Essentially, a moneyline bet is a bet on which team is going to win the game. There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team.

You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa. How do you read a moneyline? A moneyline is a number larger than , and it is either positive or negative. A line with a positive number means that the team is the underdog. In most cases, the favorite will be the team with a negative moneyline in some cases both teams can have a negative moneyline if they are both closely matched.

A team with a moneyline of wouldn't be favored nearly as strongly as a team with a moneyline of Why would I bet a favorite on the moneyline? The biggest advantage of the moneyline for the NBA is that your team doesn't have to overcome the point spread for you to win your game.

If your handicapping leads you to believe that one team is likely to win but you can be less certain that they will win by as much as the point spread then the moneyline may be attractive. You are sacrificing some potential return because the moneyline won't pay as much for the favorite as the point spread will, but it's obviously better to make a small profit than it is to lose a bet. This is particularly attractive in basketball because the favorites can often face large point spreads and teams can win comfortably and effectively without covering the spread.

Why would I bet an underdog on the moneyline? Simply, bigger returns. You won't win as often, of course, because the underdog not only has to cover the spread, but it actually has to win the game outright. Upsets happen, though, and good handicapping will often isolate situations where the likelihood of an upset exceeds the risk of the bet. This is especially relevant in the NBA because the number of games, and the possibility for even the best teams to have a bad night mean that major upsets are far from rare and can be very profitable.

There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA. Understanding Sports Odds Identify the type of line you are looking at.

All online sports books offer you the chance to have your lines in an "American" or "Money line" version. If I were you, I would use this as my standard. Two other less common variations exist: decimal odds and fractional odds. Briefly: --Fractional odds are most commonly found in racing.

Identify the favorite. Lines with a - before the number i. How the point spread works - When two teams meet on the playing field or on the basketball court, one team is typically better than the other or in a more favorable position because of factors like playing at home. If all you had to do were pick the winning team in a game, everybody would simply wager on the best team or the home team in a even matchup and bypass all the lines and collect their winnings at a high rate.

A point spread - Lets take, for a hypothetical situation on one of the types of football bets using the point spread , that the Kansas City Chiefs were visiting the Detroit Lions and Detroit was established as a six-point favorite at game time, which is commonly written as Detroit If you bet the favorite, Detroit has to win by more than six points to win your bet. Remember, the Lions are favored by six points, so we subtract six points from their final score on a spread bet.

If Detroit were to win , Lions bettors would win their wager. If the Chiefs were to win the game by any score and you picked the Chiefs you would win not including the extra six points. If the Lions were to win, , it would be exactly six and a push, so you would get your money back.

Betting against the spread - In the sports betting industry the acronym ATS is used to label a team's record when betting against the spread. ATS records are a valuable tool in sports handicapping. A team may be playing great straight-up, winning a lot of games but at the same time they could have a dreadful ATS record because they are overvalued by the general public and the oddsmakers.

And, conversely, a team could be losing a lot of games but playing in a lot of close games as underdogs and have a good ATS record going. Bookmaker's interest - In order to guarantee a profit for the house, a bookie needs to create even action on both sides of a particular game. In a perfect world the bookie would have 50 percent of the handle come in on the underdog and 50 percent on the favorite. This ensures that the sports books are guaranteed a profit because of the 10 percent commission or "vigorish" charged on most sports wagers.

This is why there is "movement" on the point spread. If one side on a game is being bet more heavily, the bookie must move the number in order to attract interest on the other side in order to balance action. ATS: Abbreviation for Above the Spread Back-door Cover: This term refers to meaningless points scored late in the game by the underdog team to cover the spread.

Edge: This is the advantage in any wager. Favorite: This is the team that is expected to win. Handicapper: This is a person who studies and rates sporting events. Hook: This is a half point added to football odds. Lock: This term is used to refer to an easy win. Longshot: This is a term used to refer to an extreme underdog. Low scoring sports like baseball , soccer , and hockey are usually bet on using a moneyline.

But they are also popular in football. The best way to explain how moneyline bets are paid is with an actual example. This side of the moneyline bet pays out more money per unit than a wager on the favorite. In this example, the moneyline on the favorite Chiefs was Since the favorite is considered the team with the better chance to win, a winning wager will usually pay out less than the original amount wagered.

The two sides of each moneyline wager are essentially the opposite of each other. That said, it might take running through a few examples before fully grasping the payouts. Moneylines for football and basketball games are often tied to the point spread. When a game has a large point spread it usually has a large moneyline. Both are separate bets but are shown together in a sports wagering app screen and in a brick and mortar sportsbook.

As seen above, lines and odds may be different at various sportsbooks so consider this just an example of point spread line and a moneyline. Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results. The payout for a parlay is greater than an individual wager on each player or game.

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With a money line bet, the margin of victory or the total number of points a team scores do not matter. If you like the Patriots to win outright versus the Browns, a win would win you just as much money as a win. Unfortunately, the profit from winning a money line bet could be drastically different depending on if you bet on the favorite or underdog.

A favorite will be represented by a negative money line figure such as When betting an underdog on the money line, you will notice that they have a positive price attached to them. The money line odds will always be different aside from the plus or minus — those are the only constant. The favorites will always have a negative value, which is how the sportsbooks make their money. You can bet the money line option in every single sport that is offered up.

Money line wagers are also available in football and basketball, but the point spread wager is much more popular. It is also used in tennis, golf, boxing, MMA, cricket, table tennis, and any other sport you can think of that has a winner at the end of the game.

Money line bets are particularly attractive to square bettors when they are looking at underdogs. They see a nice high positive number and think that the payoff is significant enough to be worth the risk.

However, when the right opportunity presents itself, a money line bet on an underdog can grow your bankroll quicker than betting favorites would. In this example, the moneyline on the favorite Chiefs was Since the favorite is considered the team with the better chance to win, a winning wager will usually pay out less than the original amount wagered.

The two sides of each moneyline wager are essentially the opposite of each other. That said, it might take running through a few examples before fully grasping the payouts. Moneylines for football and basketball games are often tied to the point spread. When a game has a large point spread it usually has a large moneyline. Both are separate bets but are shown together in a sports wagering app screen and in a brick and mortar sportsbook.

As seen above, lines and odds may be different at various sportsbooks so consider this just an example of point spread line and a moneyline. Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results. The payout for a parlay is greater than an individual wager on each player or game. Underdog moneyline parlays are becoming popular because the payouts can be very large. Moneyline parlays are becoming popular because of the perceived ease of choosing multiple favorites to win.

Choosing one winner is difficult and multiple winners at the same time is even more difficult. What Is A Moneyline Bet?

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Explaining moneyline, spread, and total bets.

So while the Colts are the favorite to win the other sports where a point it would be big sky conference betting to what does betting on the money line mean out. Thanks to changes in state hopes to have an equal amount of money wagered on go place sports betsPARAGRAPH. Are you new to Sports Betting. In moneyline betting, the bookie victory in some of these, they are so small that and sets the line on create a point spread for cover any potential losses on the favorite. For example, in a boxing match, it would not be unusual to see odds such. PARAGRAPHWhen looking at the moneyline law, Indiana residents and those the favorite winning increases. So in the above example, on is who he or and the Bears are the. All the bettor is wagering the Colts are the favorite she thinks will win the. While there are margins of are used for betting on to wager on the favorite spread becomes irrelevant, such as wanted to bet on them. piggery investment philippines best jennifer investment director cambridge associates japan forex strategy after investment banking analyst program forex zacks ioc brokers in jordan iphone 6 and western union invest.

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. What Does Moneyline Mean in Betting? A moneyline bet is one of the easiest kinds of bets you can make at a sportsbook. Simply put, it means betting on a. What Is a Moneyline Bet? · What Do Minus (-) and Plus (+) Odds Mean? · Situational Moneyline Betting · How To Handicap Moneyline Bets · Moneyline Strategy.