Because they are expected to win, a bet on the favorite requires more money to earn a payout. The Underdog Team Everyone loves the underdogs. The underdog is not expected to win the game as far as oddsmakers are concerned, meaning bettors do not need to place as big of a bet to earn a payout given that it is less likely. Underdogs are given plus moneyline odds. The corresponding spread would likely be a pick 'em in this scenario. Outcomes On The Moneyline A moneyline bet is as simple as can be in sports betting.
The winner and loser of a game is the respective winner and loser of the moneyline bet. Here are the possible scenarios: Win A win on the scoreboard is a win for moneyline bets. Bettors will not need to sweat the last few minutes or innings of a game as far as the margin of victory is concerned like they would if betting the spread.
A moneyline bet is only concerned with the outright winner. Loss Unlike point spreads and totals, there is no math needed when it comes to a moneyline loss. If the team you bet on loses the game, you lose the bet. NFL bets on regular-season games can end in ties, while soccer games that end in draws will push a moneyline bet as long as a draw was not one of the betting options it typically is.
The vast majority of the time, however, a moneyline wager will result in a win or loss. One team is the favorite and given minus moneyline odds, while underdogs are given plus moneyline odds. We'll discuss what each means so bettors know exactly what they're wagering and what their potential payout is if they win.
While bettors must wager more money upfront, it's because these favorites are expected to win and do not need to cover a spread of any kind. While the payouts are higher, it's only because that team is expected to lose the contest and the moneyline requires them to win the game outright, not simply cover the spread. NFL Moneyline The NFL is one of the country's most popular sports, so it's no surprise that moneyline betting is extremely popular every Sunday in the fall and winter.
Home teams and quarterback matchups are the biggest indicators here. NBA Moneyline Backdoor covers on late-game free throws and meaningless garbage time buckets can make betting the spread a frustrating experience for basketball bettors. Luckily the moneyline bet on NBA games only cares about which team wins the game.
Starting pitching matchups are the most important consideration when placing these bets, as well as potential rest for star players. It's why wagering on the moneyline continues to be an enticing option among NHL betting fans. Starting goaltenders and injury updates can swing the moneyline considerably, so it's critical for bettors to do their homework before placing bets.
Moneyline Parlay Bets While point spreads and totals often have similar odds between and , moneyline bets feature a wide range of odds that can add considerable value to a parlay. Of course, all three teams would need to win their games for the parlay bet to be successful. There is a distinct difference between moneylines and spread, but the two types of bets are also similar in many ways. Each matchup features a favorite and an underdog.
If you bet on one team winning outright, the bet is lost even if they end up winning in extra time or PKs. You might want to shop at a few different sportsbooks, however, because the odds could be different depending on the book. For example, you could find a favorite at at one book and at another. When is the money line the better option than the point spread? Well, there can be a number of situations in which the money line is more of a value play. If an underdog is getting only 1.
No matter the point spread, if you feel great about an underdog winning outright then you might as well bet on the money line to get a larger return. At the same time, if you feel great about a favorite winning outright but are nervous about them covering the spread, the money line can once again be an appealing option.
Whatever your play, just like with any market be sure to do research on team and player news, head-to-head history of a particular matchup and everything else that helps you make more informed decisions. The decimal form would be 1. Although money lines are presented in American form, as noted above it is easy to calculate what those numbers equate to as decimals and fractions.
There are some cases in which two sides are considered by the books to be even and given the same chance to win, in which case they would both be something like or Football money line bets Money line betting in football is quite popular, just as it is in almost every other sport.
When you are betting on a favorite, it can be a safer option than playing the point spread and giving a certain amount of points to the underdog. Remember to think about key numbers such as three, seven, and 10 — common margins of victory — when betting on football. If a favorite is giving 3. If an underdog is getting 3. Keep in mind that home underdogs can at times present good value on the money line.
It is not easy to win on the road in the NFL, but value can be skewed toward road teams who are more talented on paper than their home opponents. Basketball money line bets Money line betting in basketball is quite popular, just as it is in almost every other sport, although not as popular as spread betting in such a high-scoring sport.
When you are betting on a favorite, it can be a safer option than picking the point spread and giving a certain amount of points to the underdog. And it can be a more valuable play on an underdog compared to taking the points. Head-to-head matchups are particularly important because in a normal NBA season each team plays against every other team multiple times, including up to four times against opponents in the same conference.
Before placing a bet, it is important to know how teams match up against one another. Star players will occasionally miss a game for no other reason than rest. Make sure you have a good idea about starting lineups for a game before placing a wager. Hockey money line bets Money line betting in hockey is quite popular, just as it is in almost every other sport. When you are betting on a favorite, it can present more value than playing the puck line and giving 1. Similar to baseball, betting on hockey draws a higher percentage of money line bets relative to basketball and football compared to the spread.
Spreads in hockey — known as the puck line — are generally set at plus or minus 1. Baseball money line bets Money line betting in baseball is quite popular, just as it is in almost every other sport. When you are betting on a favorite, it can be a safer option than playing the run line spread and giving a certain amount of runs usually 1.
Similar to hockey, betting on baseball draws a higher percentage of money line bets relative to basketball and football compared to the spread because spreads.
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The Moneyline Bet - Sports Betting Explained Series
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