Bet The Moneyline

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  1. How To Bet The Moneyline In Basketball
  2. How Moneyline Works Sports
  3. What Is Moneyline Nfl
  4. 5 Money Line

One of the most common types of sports betting lines when wagering on a game is the moneyline. You will see moneyline odds for every game and every sport played for the most part. While some games that have a very large spread but stray away from offering a moneyline, it is still one of the most popular styles of betting. A moneyline is a type of straight wager where the bettor wagers simply on who will win the contest, straight up – without any spread involved.

The easiest way to think of moneyline betting odds is that you are only betting on who wins the game. It does not matter how many points or goals they win by, all that matters is who wins. If you see a - (negative) symbol then that team is the favorite and the team with the + (plus) sign is the underdog. Keep reading below to understand how moneyline odds work or visit the homepage of ExplainBettingOdds.com to read about odds in general.

Explaining The Moneyline For Super Bowl 55

Kansas City Chiefs -160
Tampa Bay Buccaneers +140

Bet The Moneyline

Apr 01, 2020 The moneyline bet is the most simple way of betting if you choose the right side. The sportsbook will pay you the money if you chose the wrong side you would win nothing. When you start betting on sports, the moneyline market will be the first market you will see as almost all the sportsbooks have this market set as a default betting market. A moneyline wager is a straight bet on the winner of a game. There are no point spreads attached or any other factors to consider. The sole concern is which side will win the contest. After taking a look at the moneyline odds for a game you’re interested in betting on, you’ll know which side is expected to win. A moneyline bet simply involves you picking one of two teams to win the game. No catch, no angle, just the right answer or the wrong answer. Each team/person in a matchup for a moneyline betting option is given a separate numerical value for bettors to wager on and these are called “odds.”. Moneyline betting is great because it takes the odds out of the game. Moneyline betting can be beneficial to your bankroll, if you are smart about it. Moneyline betting is not a real risky type of bet, unless you are picking the big time underdogs. When the teams are close, the moneyline will be pretty close to even. To place your bet, all you need to do is click on the moneyline number attached to the team you believe is going to win the game. If you think Anaheim will win, click on the +135. If you like Nashville, click on the -135. Breaking Down the Moneyline. The moneyline numbers next to each team are American odds which.

It isn’t that hard explaining the Super Bowl moneyline. Take Super Bowl 55 between the Kansas City Chiefs and the Tampa Bay Buccaneers. The Chiefs are seen as the favorites with their line set at -160. This means that in order to make a $100 profit, $160 would have to be risked. Looking at the Buccaneers’ moneyline, it is at +140 which is an underdog. This means that a $100 bet would profit $140. Something to keep in mind when reading the moneyline is that when there is a minus symbol in front of the team, they are favored while if there is a plus sign, they are the underdogs.

Understanding How Moneyline Betting Odds Work

The moneyline is used exactly the same no matter what sport you are betting on. All you must do is select who you believe will with the matchup without any other thought behind you. By taking the favorite, a bettor would have to risk more money than what their expected return would be. Because there is no point spread involved to handicap the game, the oddsmakers and books handicap the payouts to ensure their book stays balanced. Betting on the underdog will result in a much better payout, as the oddsmakers have deemed this team less likely to lose. As you take action on either the favorite or the underdog and select the moneyline, a ratio of $100 is used to represent the payouts.

Seems pretty easy right?

Well, it's definitely easier than betting the point spread, in which a team has to cover a spread installed for a match up however you should know that moneyline wagers do not payout the same as a wager against the spread. Keep reading to learn more about payouts when betting on the moneyline.

Understanding Payouts When Betting On The Moneyline

The biggest differences on the moneyline though, aside from no point spread, is the payout. The idea behind a point spread is to bring the two teams in a match up to a more even playing field. If a team is better than the other, the points given by the favorite brings the underdog to a more even field. That is not the case on the moneyline.

Simply put, you will have to risk a whole lot more money on a favorite to profit. On the flip side though, if you bet on the underdog, the potential profit is a lot bigger on the moneyline than betting on the point spread. That is because the likelihood of the underdog winning is slim on the moneyline.

Explanation Of How Moneylines Work In MLB

  • Atlanta Braves -300
  • Philadelphia Phillies +200

This is an example of a moneyline you could see in Major League Baseball. The Braves are matching up with the Phillies, with Atlanta set as the favorite. You can tell Atlanta is the favorite because of the minus symbol. It is indicative of the amount that must be risked to return a profit. At -300, a $1 profit is made for every $3 risked on the Braves to win the game. On the other side, at +200, that is the same as saying 2/1. That means, for every $1 risked on Philadelphia to win the game, a $2 profit is returned. Moneylines are simply straight-up betting lines with no spread involved, which is why they can range quite significantly.

Article: How To Read MLB Betting Odds

Understanding The Moneyline In Football

  • Denver Broncos -300
  • Jacksonville Jaguars +300

Here in this example, the Broncos have been set in the role of the favorite, going off at -300 on the betting line. That means, for every $3 risked on Denver to win, a $1 profit is returned. So if you wager $30 on Denver to win, you stand to win $10. On the flip side, the Jaguars are set as a +300 underdog. That means for every $1 risked on Jacksonville, a $3 profit is returned. So if you were to wager $10 on Jacksonville to win, you would profit $30. So you can certainly see the disparity on the payout and why someone might want to take the Jaguars over the Broncos. Also, taking underdog moneylines in parlay bets can be huge for your payouts!

Article: How To Read College Football Betting Odds - How To Read NFL Betting Odds

Understanding The Moneyline Odds In The NBA

  • Los Angeles Lakers +200
  • Miami Heat -200

Here in this moneyline example for the NBA, the Lakers are matching up with the Heat. Miami has been set in the role of the betting favorite, going off at -200 on the betting line. As such, a $2 wager is needed to profit $1. So if you were to wager $200 on Miami, as $100 profit is returned if the bet is won. On the other side of the equation, the Lakers are in the underdog role. at +200, that is the same as 2/1. So, for every $1 risked on L.A to win, a $2 profit is returned. You can see a wide range of profits for a moneyline, because the underdog and favorite can be far apart straight up with no point spread.

Article: How To Read NBA Betting Odds

Bovada Sportsbook - Best Sports Betting Site For Betting On The Moneyline

How To Bet The Moneyline In Basketball

Moneylines are one of the most popular bets that players get involved in. There are always teams that are expected to beat other teams. The margin of victory may be pretty wide. The big thing that sticks out here is how big of a favorite some teams are.

There plenty of moneylines that might show a team being a heavy favorite and if players bet against them, that is a very huge profitable opportunity. Upsets are always going to happen so this is where a lot of bread can be won. There are also toss-up games as well that many players take a stab at as well and end up cashing big on Bovada. This is the place to get when it comes to Moneyline bets regardless if its blowouts or close games.

BetOnline Sportsbook - Best Sportsbook With Great Moneylines

It's clear that BetOnline is one of the best sportsbooks for players and the moneylines that are offered are one of the main reasons why. There is news coming out all the time about teams prior to games and as soon as news drop that effects a team, it also affects the Moneyline on BetOnline.

This is what gives BetOnline a bonus over other sportsbooks because of the consistent update of Moneyline and always moving. Place your bet early could also be a great idea because of the news that could swing later on that week or day before matchup. BetOnline has it set up to where if any changes need to have done that is possible.

SportsBetting's Sportsbook - Lots Of Betting Odds When Betting On Moneylines

There are a number of things that SportsBetting sportsbook offers that makes it one of the better online sportsbooks for players. When it comes to picking some of these games with favorable matchups, the Moneyline does really determine how much players want to put down on these games. Most of the time, these games have the favorite that doesn’t really see players win a lot unless they put a lot of money down. When it comes to upsets, however, this is where players can have their lives change by just one pick.

Players with SportsBetting account have seen the Moneyline and have taken advantage of that the line because of the possible big payout. When you see a team like the Lions be underdogs against the Arizona Cardinals pull out the victory, only one thing is happening and that is big money is being handed out to all the players who took the chance on SportsBettting.

MyBookie Sportsbook - Money Line On MyBookie One of The Best

It is hard to find any sportsbook that has better moneylines that MyBookie. The way Moneyline works is very simple and most of the time it changes depending on what players are playing and are not. This often changes and sometimes in the favor of a player's bet. MyBookie is known for having a lot of people cash big when picking the Moneyline and the reason why is simple, their lines are better.

See the underdog betting like at (+115) is not bad but MyBookie will have that same under down with a Moneyline of (+130) which would win players more money if they were to bet on that underdog team. This is why shopping for lines is so important for all players. You can like a team to win a game and have decided you want to place a wager on them but once shopping around for lines, there is a big chance that you will find that MyBookie has the best moneylines.

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Value. Risk. High payouts. Betting on the moneyline combines all the factors that make gambling on sports such an exciting venture.

If you’re not familiar with the term, the moneyline is best described as the odds you get when you bet on who will win a game straight up. When you take the spread out of the occasion, betting becomes less about luck and more about spotting your opportunities and taking advantage of them.

The unfortunate reality is that most amateur bettors ignore the moneyline because of the risk involved.

Either you bet on a favorite and risk losing more than you stand to gain, or you bet on the underdog and have a much higher chance to lose your bet.

With that being said, the moneyline presents a unique chance to win big if you have the right strategy in place. In this article, I’ll lay out the factors to take into consideration that could help you capitalize on moneyline bets in all sports.

1 – Selection Is Key

In the same way the real estate is about location, location, location, betting on the moneyline is all about selection, selection…you get the point.

Whereas betting on the spread can leave more opportunity to win bets when you don’t really know what you’re doing, consistently adding to your bankroll via moneyline bets requires you to be picky when deciding which games to play.

Obviously, the trick in finding the best value is identifying games in which the underdog has a chance to win, or betting on a favorite isn’t too costly. However, if you’re playing multiple games at once, you can take a few more chances.

It’s important to keep in mind that sportsbooks adjust their moneylines in accordance with the public’s action, so you can find instances where the odds actually lean slightly your way if you have more knowledge of a game.

Research is key when deciding which plays to make, so do an adequate amount of homework and carefully choose which underdogs you think have a chance to win a game outright.

2 – Long-Term Approach

I can’t stress this enough—betting on the moneyline is a long-term game. Evaluating your success or failure after just a few games, or even a few weeks, isn’t going to help you gather an accurate assessment.

Because the best value in betting moneylines is found on the underdog, you’re almost always going to lose more bets than you win.

The key is recognizing that you can lose more than half of your bets and still make a ton of money if you win the right games.

One of the best ways to stay on top of how you’re doing is by creating a tracking system so that you’re aware of the money coming in and money going out. Because, as previously mentioned, you’re likely to lose more bets than you win overall, it can create a distorted picture if you don’t monitor things correctly.

Let’s say that over the course of an NFL weekend you bet on $50 on each of 10 games. You might lose six games, which would put you at -$300. But if you win four games at an average of +170, you’d still come out ahead.

How Moneyline Works Sports

3 – Don’t Neglect Favorites (But Choose Carefully)

Many bettors think that unless you only bet favorites, moneylines aren’t worth the risk. However, that’s not always the case.

It’s probably best to stay away from favorites in the -250 to -300 range, as this is the spot where upsets are still entirely possible and it’s not worth it to make a bet where you’ll only return a third of your money.

If you’re the type of bettor who wants to play the favorites, consider giving away some points, even if it’s not the full spread. This will increase your payouts and slightly close the gap between risk and reward.

Another move that can be profitable is a multi-team parlay with moneyline favorites.

In any given NFL week, you can choose the top three or four most lopsided games and still get a nice haul if you hit on each. While you might only win the same amount you bet, meaning $100 to win $100, it’s not necessarily too big of a risk. Just keep in mind that, as the cliché goes, anyone can win on any given Sunday.

The best odds for betting favorites exists in the -150 to -200 range. These lines present an opportunity to win back decent money for your bet. Obviously, you’re going to suffer some losses that will make you feel like it’s pointless to bet on the favorite, but that’s the price you pay for picking the team that “should” win.

4 – Consider the Sport

Bettors who like gambling on baseball and hockey games are acquainted with the power of the moneyline in a unique way. Unlike basketball and football, baseball and hockey’s “default” play is who will win the game outright.

Most baseball betting purists will contend that it’s always a smarter move to put your money on the underdog.

After all, even the worst teams in the league win about 60 times per year. Because of the unpredictability of who will win is so high, when you’re able to find an underdog at -200 or more, the value is hard to resist. Though the winning percentage numbers are slightly different, the same philosophy holds true for hockey.

Things are a little different when it comes to betting on football and basketball moneylines. In football, if there’s a favorite of -200 or more, statistically, they’re much more likely to win the game outright than in other sports.

Basketball can be a bit more difficult, as good teams are susceptible to upsets, but only in certain situations. If you’re betting on the NBA, do your research to find out which scenarios create a better chance for the underdog to win and you can make educated plays with high value.

Determining the likelihood of underdogs winning outright is always going to be a complicated proposition, so make sure to do research specific to the sport you want to bet on before taking the leap.

What Is Moneyline Nfl

5 – Assess Value

All gamblers know that the key to a good betting strategy is making plays with good value. Finding value is a concept that’s easy in theory, but extremely difficult in practice.

Sportsbooks put a value on each time via the moneyline, and while this is a good starting point, it isn’t necessarily always accurate. This means that you’ll have to do some work on your end to see if your prediction of the potential outcome of a game align with the odds presented.

The best way to do this is by first evaluating each game without looking at the moneyline.

Take all factors into account such as injuries, whether or not a team is hot or cold, past history between the two teams, and obviously overall team talent. This will help you decide if a team is over, under, or properly valued.

You’ll find that an undervalued underdog is attractive because you can bet less to win more. Although this is absolutely true, bettors have a tendency to overlook undervalued favorites. If there was ever such thing as a “safe” bet, it’s a moneyline favorite when you can get odds better than -150.

Remember that public action impacts odds, so doing your own research to assess value is crucial.

Conclusion

It’s unlikely that you’ll give up betting on spreads entirely, but adding the moneyline option to your betting strategy can have huge benefits. It’s a good way to recognize that not only do favorites not always cover the spread, but they often lose outright.

5 Money Line

Find a specialty, whether it’s finding value in favorites or underdogs, and see if you can steal a few games without worrying about covering.