Betting the moneyline1/4/2024 In many sports there is no point spread, motor sport being a good example, so in a sport like this, the money line is the only way to bet on the outright winner. In the NFL, baseball, the NBA and the NHL, the money line traditionally goes alongside the point spread bets – in many cases being the least popular, especially in football and basketball. Money line bets are on offer on all major sports. As an example, if you wanted to place a $5 wager on Buster Douglas in the above example, then you’d make a profit of $200. This is an example of how extreme money line bets can be.Īll money line bets are expressed in units of $100, however you should note that wagers of all sizes can be placed on money lines. A wager of $5000 on Tyson would see a profit of just $100, and a wager of $100 on Douglas would see a profit of $4000. This was a classic boxing upset from 1990 and was seen as one of the biggest shocks in sporting history. As you can see, the returns on this game are not as extreme as the above game, and this is because the sportsbook have figured out that the Cardinals have an edge here, but only a small one. Here, a $135 wager on the Cardinals would return $100, and a $115 bet on the Cubbies would see a profit of $100. Here are another two examples of money line bets: Moneyline Bets at the Bovada sportsbook. This is because in money line betting, the stronger the favorite, the lower return you’ll receive on that team (conversely you’ll receive a higher return on the underdog). You’ll notice immediately that the two winning sums are vastly different. If you were to place the same $200 on the Packers here, you’d make a profit of $360 if they were to win. If you were to place a bet of $200 on the Steelers here, you’d make a profit of $100 if they were to win. In the above game, the sports-book has decided that the Pittsburgh Steelers warrant favoritism. 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). Here is a typical money line for a game in the NFL: 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. The money line is actually the most straightforward bet you can have on any sport. Money line bets can seem a little confusing at first, especially for the bettor who has traditionally wagered their money on the point spread.
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