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. Bettors are just picking the winning side. While placing a wager is simple, trying to understand how the moneyline pays might be a bit complicated. Both sides of each moneyline wager are paid on a different schedule and that could make this kind of bet confusing.
This side of the bet usually listed with a minus - sign. These signs signify how either side of the wager will pay. The minus side will pay less than original wager while the plus side will pay more than the original wager. 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. Alabama vs. Ohio State: How to bet on the National Championship game.
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And vice versa, if they felt less points would be scored, they would bet on that. These scenarios often come down to the final minute of the game. Let's say that the Packers lead late in the game and are trying to kill the clock on offense. Aaron Rodgers hits Davante Adams for a yard reception, Adams runs to the Patriots' yard line and then the Patriots lock down and force the Packers to kick a field goal on fourth down. Those on the over hold their breath.
It's good, the game ends Packers and the total skates past Keep in mind that in addition to a game total, most sportsbooks will offer a separate total for the first quarter, second quarter, first half, third quarter, fourth quarter and for the second half. You may think the game will start very conservatively.
In that case, you might wager "under" in the first quarter or half. Also keep in mind that there are other types of wagers called "props" that look at a variety of player-specific or team-specific events. A popular prop during the NCAA tournament is the first team to score 10, 15 or 20 points. It's just an exciting race to open things up. Now we're getting into "exotics," or types of wagers beyond the traditional kinds.
Teasers and parlays are the two most popular variations. To win your parlay, they would both have to cover those spreads. You can bet more than two teams in a parlay, too; the more teams you pick, the higher the possible payout. For example, a seven-team spread parlay pays out at about But remember -- to win your bet, you have to win all legs of the parlay. So if you nail six Sunday football games, but lose the Monday night game, you can kiss that ticket goodbye.
A teaser is similar to a parlay in that you must take two or more teams, and they both have to cover the spread. The difference here is you get to add points to, or tease, the spreads. In football, one teaser option is to add six points to a spread. Putting it another way, a teaser gives you some cushion, but again you have to be right on every team or "leg" you play. Teasers may seem appealing, but things often don't go the way we expect, so don't be easily seduced by the extra points.
Speaking of points, here's a good spot to mention how the "book" or the "house" takes a cut. Consider that you'll frequently see. That extra 10 refers to the "juice" or the "vig. After all, the sportsbook and its employees have to eat, too -- they are taking the risk with every wager placed.
And that's basically why exists. You can bet "in-game" when a bookmaker has a moment to look at what has happened, reassess and offer a new line s accordingly. This type of wagering is becoming increasingly popular. There are many in-game wagering options. Suppose the total for an NBA game is points before the tip, but both teams come out on fire, on pace to go way past points.
The most common pitfall for newcomers comes back to the bankroll, or the amount of money you've set aside for sports betting. Saying, 'OK, I can't lose three in a row' and betting four times as much on the next game [gets you into trouble]. And you can lose four in a row, or five or six. So, you can't chase it. The other pitfall is a bettor letting his heart get into a place where his mind is -- in other words, falling in love with his home team or his favorite team.
Finally, as in every industry, technology is changing the game. Pretty much every sportsbook, existing or to come, will have a mobile app or online platform. That means if you have access to different sportsbooks, you can do what's called "line shopping," or looking for the line that gives you the best odds on the side or total you like. Think of it like shopping for a new pair of shoes online; find the pair you like and then get the best price on them.
That can make the difference between a winner and a loser. Brett Smiley is the editor-in-chief of SportsHandle. Skip to navigation. FAQ: The basics of sports betting. Kansas City Chiefs. Bucs equal bucks as U. Tampa Bay Buccaneers. Sportsbook offers refunds after Reed controversy.
LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers. It's flipping madness: 'Startling' amount bet on Super Bowl coin toss. A gamble on Brady's move to Tampa Bay leads to profits. Notable Super Bowl betting trends. Notable Bets: Mahomes' injury throws oddsmakers for a loop. When evenly matched teams square off, it can be close to a toss-up in terms of which side will win. There is almost always an edge to be found. This can also be the case for soccer.
Here is an example of moneyline odds for the lower-scoring games:. Before placing any moneyline bets, an experienced sports bettor will do extensive research into the game. Once a matchup is announced in football, basketball or any sport, sportsbooks will release betting odds for the matchup for the moneyline.
The prevailing theory in sports is that teams typically perform better at home than they do on the road. This data may not be the decisive factor when placing your moneyline bet but it certainly needs to be taken into consideration. Researching a specific matchup and how it could potentially impact the game requires a lot of experience and study but for new bettors, it could be as simple as looking at offense vs defense.
In MLB, how a team fares against left-handed pitching can be crucial. No team goes undefeated except for the Patriots and Dolphins. How else are you supposed to predict the future without knowing your history? Regardless of payout, the main goal for ANY moneyline bet is to win.
Making the correct call is the bottom line, so your choices should revolve around which side you think has the greater chance to win. In this matchup, the Bucks are the favorite. Not all underdogs are created equal. Just like your mama said, you better shop around, especially for moneyline odds. While most of the major betting sites Odds Shark works with are typically in range, you can find slight odds differences, which is why line shopping is essential for a sports bettor.
For example, a matchup between the Lakers and Celtics may see varied odds for the moneyline at two different sportsbooks:. In order to win, your team selection must be successful. Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.
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|M l meaning betting sites||Using this information to lay betting explained meaning any law or statute is prohibited. One of the most popular ways to bet on sports is the moneyline. Teasers may seem appealing, but things often don't go the way we expect, so don't be easily seduced by the extra points. In order to win, your team selection must be successful. Doug Kezirian breaks down the ramifications of the Supreme Court's ruling that New Jersey -- and every state after that -- can have legalized sports betting. Some people weigh certain factors differently than others. OddsShark does not target an audience under the age of|
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A point spread is the number of points projected that separate two teams. A game with a spread will have an underdog team expected to lose and a favorite team expected to win. A favorite "gives" points and is identified with the negative signs next to the point spreads. The underdog "gets" points. The spreads happen this way in the gambling of games.
College Football, Baseball and Basketball Betting Odds A money line bet is on a team to win the game outright with no point spread at an adjusted cost. The favorite will have negative odds, while the underdog will have positive odds. The difference here is in the prize or payout, depending on which topic.
This type of bet is on the sum of the points scored by both teams in a game. The bookie sets the number for the total then you predict whether they will score less or more points than the set number. For basketball and football, the primary display will show the total and points spread. For baseball and hockey, the money lines appear before it is displayed along with the total of the game, more so happens in hockey.
If you plan on NFL football picks, this document will be of essence. It's imperative to use live NFL odds for every spread, total and money line for the games in a given week. Sometimes it will be necessary to use a conversion chart to translate the money lines to take advantage of the betting opportunities that spreads in a week.
When you bet an NBA total and want to know the current pace of play, you will need to use a calculator to estimate the NBA final score quickly. This tool is useful if you want to know how your basketball over-under bet is looking or if you want to take advantage of the bets opportunities spreads. When betting on moneylines, not every matchup will have a clear favorite or underdog. In fact, oddsmakers may think the game is so close to call that their moneyline odds will be nearly the same.
When evenly matched teams square off, it can be close to a toss-up in terms of which side will win. There is almost always an edge to be found. This can also be the case for soccer. Here is an example of moneyline odds for the lower-scoring games:. Before placing any moneyline bets, an experienced sports bettor will do extensive research into the game.
Once a matchup is announced in football, basketball or any sport, sportsbooks will release betting odds for the matchup for the moneyline. The prevailing theory in sports is that teams typically perform better at home than they do on the road. This data may not be the decisive factor when placing your moneyline bet but it certainly needs to be taken into consideration.
Researching a specific matchup and how it could potentially impact the game requires a lot of experience and study but for new bettors, it could be as simple as looking at offense vs defense. In MLB, how a team fares against left-handed pitching can be crucial. No team goes undefeated except for the Patriots and Dolphins.
How else are you supposed to predict the future without knowing your history? Regardless of payout, the main goal for ANY moneyline bet is to win. Making the correct call is the bottom line, so your choices should revolve around which side you think has the greater chance to win. In this matchup, the Bucks are the favorite. Not all underdogs are created equal. Just like your mama said, you better shop around, especially for moneyline odds.
While most of the major betting sites Odds Shark works with are typically in range, you can find slight odds differences, which is why line shopping is essential for a sports bettor. For example, a matchup between the Lakers and Celtics may see varied odds for the moneyline at two different sportsbooks:. In order to win, your team selection must be successful. Need more winning picks?
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