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money line meaning

A moneyline is a set of sports betting odds in which you bet on one side to simply win outright. Oddsmakers set the moneylines based on each. In the world of sports betting, a moneyline bet is simply betting on which team you expect to win. It doesn't have anything to do with a. Moneyline Bet Definition, Examples A moneyline bet is when you try to pick the winner of that game or event. But the odds are adjusted based. KALPOINT FOREX RATES KARACHI

In other words, the score or outcome is unadjusted. This is different from spread betting where the sportsbook adjusts the score to determine the winner. Money lines, often written moneylines or money-lines, are also called American odds due to their popularity with US bookmakers. That name, however, is fading because of the commonness of money lines with online sportsbooks.

Often, sportsbooks will list money lines with an additional 10 percent, which is the house's take, called the vig. Prior to the s, when Las Vegas embraced the spread, the money line was the default bet. Today, it exists as an alternative to the spread, but more importantly, it exists to facilitate wagers where a spread is not possible. For example, in boxing or the UFC, a spread does not work, so the money line is the only option.

Obviously, the more money you wager on an underdog, the greater the potential payout. Likewise, the higher the plus-moneyline odds, the greater the potential payout. But you may not know that sometimes a favorite carries a plus sign. The same goes for futures wagers. Moneyline vs. If that team or person wins, you win your bet. Below are two examples—one from the NFL and one from the NBA—illustrating the correlation between the moneyline and point spread.

Las Vegas Raiders vs. That means oddsmakers believe the Raiders are slightly better and should win by three points. If you bet on the Raiders in this scenario, they would have to defeat Denver by four or more points for you to win your wager. If you bet the Broncos, they would have to either win outright or lose by 2 points or fewer to win your wager.

What happens if the Raiders win by exactly three points? All point spread bets on both teams are refunded—but all moneyline bets on the Raiders would get paid out, while those on Denver would lose. Sticking with this Raiders vs. You could choose to bet Las Vegas on the moneyline.

Yes, you would have to lay odds instead of the odds attached to most point spread bets. But the Raiders would simply need to win the game—even by a margin as small as one point—to collect on your bet. Golden State Warriors vs. The same math applies to all moneyline underdogs. Is it better to bet the moneyline or point spread? The answer to this question comes down to: your level of confidence and risk tolerance.

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Moneylines Versus Point Spreads In point-spread betting, the bookie hopes to have an equal amount of money wagered on each team, which guarantees a profit. In moneyline betting, the bookie assumes most people are going to wager on the favorite and sets the line on the underdog so as to cover any potential losses on the favorite. Using the Louis-Leonard fight as an example, the bookmaker knows more money is going to be wagered on Louis than Leonard because Leonard's chances of winning are much greater.

Moneyline betting is generally offered on all sporting events, even those that also use the point spread, such as football and basketball. In these instances, you'll have to do some quick math to see which form of oddsmaking promises a greater payout, if any.

But because there will be less scoring, bettors need to know that there are only a few moments within these games that will likely determine the outcome of a bet. How To Handicap Moneyline Bets Before placing any moneyline bets, an experienced sports bettor will do extensive research into the game. Opening Odds Once a matchup is announced in football, basketball or any sport, sportsbooks will release betting odds for the matchup for the moneyline.

Tracking the odds from when they opened, to when you place your bet, to the start of a game can provide key indicators of what the betting public is thinking and how oddsmakers see a game playing out. Home Vs Road Performance The prevailing theory in sports is that teams typically perform better at home than they do on the road.

But there are also teams that excel when playing away from home. So as a bettor, what do you do? Well, this is the time when you analyze how each team performs in these situations to determine if recent results at home or on the road will be relevant to an upcoming matchup. You may find that a team like the Toronto Raptors has lost five straight games at home but is now hosting the Chicago Bulls and has won five straight games in this matchup. This data may not be the decisive factor when placing your moneyline bet but it certainly needs to be taken into consideration.

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