What Is A Money Line Bet

 

Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due. It’s really that simple. Rest assured, the moneyline always refers to betting on the winner of the game, no matter what. Oftentimes, sportsbooks outside of North America display the moneyline with either a decimal or fractional format. Rest assured, the moneyline always refers to betting on the winner of the game, no matter what. Money lines are also the most popular way to bet on low scoring sports like baseball, soccer and hockey. The reason is because with low scoring sports it’s difficult to predict a result. One run or one goal can easily be the difference between a win or loss, so betting on a point spread doesn’t make sense. 200 Money Line: 100 / 200 =.5 +1 = 1.5 Decimal Odds-350 Money Line: 100 / 350 =.286 +1 = 1.286 (1.29) Decimal Odds-625 Money Line: 100 / 625 =.16 +1 = 1.16 Decimal Odds; Pros & Cons of Money. There is one other form the money line odds can take, that being 'EVEN', often posted by the sportsbooks as 'EV'. This simply means that you will get paid even money on your bet. For example, if the money line odds on the Broncos were listed as 'EVEN' you will get $100 for every $100 bet, or $150 for every $150, etc.

The money line is a bet type in which users simply need to pick the overall winner of an event.

The moneyline is the most basic type of odds – all you need to do is decide which side will win!

Of course, no two teams are created equal, and depending on the relative strengths and weaknesses of any two teams in a matchup, there will almost always be a favourite and an underdog.

Oddsmakers will set moneylines odds based on how much of a disparity they feel there is between the favorite and the underdog. Let’s look again at our tennis game:

Nadal is playing Djokovic, who had just finished a match which went to extra sets and rolled his ankle late in the game.

Djokovic being tired and possibly injured is factored in by the books when they set the prices, making Nadal the favourite. Everything taken into account, the prices for the event are:

Nadal – 1.66
Djokovic – 2.20

For the favourite, the smaller the number is, the heavier of a favorite they are. For example, if Nadal was 1.20 instead, then they would be more of a favorite than he currently is at 1.66. You would have to risk more to win more, so there is a far greater potential downside picking heavy favorites.

On the other hand, when a team is a heavy favourite, then the underdogs become even bigger underdogs. If the odds for Nadal were in fact 1.20, then the odds for Djokovic would change to something like 6.00. Risking 100 on Djokovic before would have given you a profit of 220, but now, it’s 500. The more of an underdog a team is, the more of a greater potential upside if they were to pull off the upset!

To find more in-depth knowledge betting advice or betting tips see Pinnacle’s betting resources section


What Is A Moneyline Bet On Fanduel

What is a money line bet in basketballWhat is a moneyline bet

What is the money line in football?

Posted by Steve Leighton



In football betting, the money line is another wagering option in Las Vegas. Instead of using a point spread, the odds makers at the casino sports books provide fixed odds on a team to win the game outright.



The greater the disparity between the perceived skills of the two teams competing the higher the sports book will set the odds. For example, a high quality team could have its odds to win set at 1-4 (profit of 1 for every 4 bet) meaning it would take a $400 wager to produce $100 profit. This means a $400 bet would cash out for $500.



In this same example the underdog would be 4-1 (profit of 4 for every 1 bet), meaning it would take $100 wager to produce a $360 profit (the $40 shortage is the house cut). The house cut, also known as “juice”, “vig” or “vigorish” is normally 10% of the underdog payout when betting the money line.

Money

What Is A Money Line Bet In Basketball


What Is A Moneyline Bet


What Is Money Line Bet Nba

Both our previous topic covering the “betting line/point spread” and this one on the “money line” are considered “side” selections. Another option when wagering on football is “total” selections which we will discuss later.