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. 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. Money line bets can seem a little confusing at first, especially for the bettor who has traditionally wagered their money on the point spread. The money line is actually the most straightforward bet you can have on any sport. Whilst the spread bet is on a team to win and by how many, the money line is a bet.
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.
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
How To Read Money Line Odds
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
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.
Betting Money Line Calculator
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. Nobel prize economics odds.
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The Tampa Bay Buccaneers and Kansas City Chiefs will battle Super Bowl LV. The game takes place Sunday at 6:30 p.m. ET at Raymond James Stadium in Tampa, Fla. It would be the Chiefs' second straight title and for the Bucs, it would be their first since Super Bowl XXXVII in February 2003. Buccaneers QB Tom Brady is in his 10th Super Bowl and seeking his seventh championship. Below, we analyze the Super Bowl 55 odds and lines at BetMGM with picks and predictions for the first-half money line.
2021 Super Bowl prop bet: 1st-half money line odds and picks
Odds via BetMGM; access USA TODAY Sports' betting odds for a full list. Lines last updated Friday at 11:50 a.m. ET.
First-half money line: Chiefs -150 (bet $150 to win $100) | Buccanners +125 (bet $100 to win $125)
While people will remember the second halves of games and how things ended, having a lead in the first half of the Super Bowl matters. Now, last year's game between the Chiefs and San Francisco 49ers was the fourth first-half tie in the Big Game, but teams going into the half with the lead are 38-12 in the Super Bowl.
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The Chiefs held the halftime lead in both of their games this postseason, leading the Cleveland Browns19-3 at the half in the divisional round and holding a21-12 lead at the half over the Buffalo Bills in the AFC Championship. In last year's championship run, the Chiefs led at the half in one game, trailed in another and were tied in the Super Bowl.
Tampa Bay led at the half in the wild-card round and the NFC Championship but was tied at the half in the divisional round. When the Bucs and Chiefs met in Week 12, the Chiefs led 20-7 after one half, en route to a 27-24 win.
Also see:
Chiefs vs. Buccaneers odds, picks and predictionBet Slippin' PodcastSuper Bowl Prop BetsIf we look at Tom Brady's New England Patriots teams in the Super Bowl, they led at halftime only five times, although they trailed only twice.
2021 Super Bowl first-half money line prediction
You have to like how the Chiefs are playing right now. The Bucs have the defense and the edge rushers to cause QB Patrick Mahomes trouble, especially with LT Eric Fisher out with an Achilles tear, but Kansas City has been here before and is playing at a high level. The Chiefs have played with the lead all postseason and did it against the Bucs in the regular season.
The question is whether they can stave off a comeback.
As for the first half, bet the CHIEFS (-150).
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You have to like how the Chiefs are playing right now. The Bucs have the defense and the edge rushers to cause QB Patrick Mahomes trouble, especially with LT Eric Fisher out with an Achilles tear, but Kansas City has been here before and is playing at a high level. The Chiefs have played with the lead all postseason and did it against the Bucs in the regular season.
The question is whether they can stave off a comeback.
As for the first half, bet the CHIEFS (-150).
Play our new free daily Pick'em Challenge and win! Play now!
Want action on NFL bets? Sign up and bet at BetMGM. If you're looking for more sports betting picks and tips, visit SportsbookWire.com. Please gamble responsibly.
Betting On Money Line Explained Bovada
Also see:
Chiefs pass rushers cognizant of Brady's elite … shoulders? (Chiefs Wire)Could Bucs already be targeting extension for Brady? (Bucs Wire)Follow SportsbookWire on Twitter and like us on Facebook.
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