Moneyline bettors don t care about how many points that games are won by or how many total points are scored. If the bettor chooses the winning side the sportsbook will pay the amount due.
Betting the moneyline for a game is possibly the most simple way to wager on sports.
How to play money line bet. Here is a typical money line for a game in the nfl. It s really that simple. 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.
Now if you take a favorite. You re taking a team either the favorite or underdog and all that matters is the final score. 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.
There s no point spread with a moneyline bet. But back to the money line where the point spread makes no difference. A moneyline bet simply involves you picking one of two teams to win the game.
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. Green bay packers 180 pittsburgh steelers 200. Bettors just choose a player or team to win.
When a sportsbook sets a money line they ll base the odds on the probability of a team winning the game and in the majority of cases one team will be favored unless the teams cannot be split. The favorite will have negative odds attached while the underdog has positive odds. Money line how it works.
Even non gamblers make moneyline bets. 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 the simplest form of betting on sports whether you re new to gambling or a seasoned bettor you ve likely already placed a moneyline bet at some point in your life.
Whilst the spread bet is on a team to win and by how many the money line is a bet on simply a team to win. Once you know that the task at hand is to handicap the game and figure out which side you like. No catch no angle just the right answer or the wrong answer.