Sports Betting 101
The number indicates how much someone would need to wager in order to win $100. So if someone were to place a $150 bet in favor of Team A, and Team A won the game, that person would win $100. If that person were to bet $300 instead, and Team A still won, they would win $200. The first thing to take notice of is the plus and minus sign in front of the number.
While money line bets might seem like an alien equation to anyone who’s not familiar with them, they’re actually quite easy to understand. Learning how they work opens up a whole new world for sports gamblers, especially those who enjoy risking their money on the underdog. This type of wager is available on all sports through reliable online bookmakers such as Bodog and TopBet, so be sure to give it a try the next time you’re in the mood to place a bet. Consider an NBA team is expected to lose by 7.5, a fairly large margin. This would show as +7.5 for the point spread but something like +220 on the moneyline because they are perceived to be the weaker team. If you are interested in betting on a game and you’re looking to pick a straight-up winner, you’ll first need to identify which of the listed options is the moneyline.
They sport long Super Bowl odds and one of the lowest NFL win totals on the market. In this case, the Yankees are considered a very slight favorite. It would require a $115 bet on the Yankees to produce a $100 profit ($215 total return).
The winning margin does not matter here as it does with point spreads — your chosen team just needs to win. • Money lines may change between the time the player placed their wager and the start of the game. The player’s payout is subject to the money line that was displayed when their bet was made.
Both listed pitchers must start the game or the bet is refunded. I’m a sportswriter with a focus on betting, fantasy football, and fantasy baseball. I write about both daily and season-long fantasy as well sides, totals, and props betting.
In instances where the spread settles on a whole number and you’d like to avoid a push, you have the option of purchasing a half-point. (By “purchasing,” we mean you will get a lower potential payout, for example, going from -105 to -120.) You can then use that half-point to “move the spread” in your favor. So, if you liked a +3 underdog, you could adjust the spread to +3.5; and if you liked the favorite, you could move it from -3 to -2.5. For example, let’s imagine over the course of the season you were to pick 100 three-point underdogs to win straight-up at a money line of +150. In this scenario, you would only need to win 40% of those games to break even. What you may have noticed is that if you can successfully pick underdogs to win straight-up, you can win a lot of money without risking nearly as much.