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.
On the odds may not seem like a big deal, but over time these small differences can add up. By opening accounts with a few different sites, it's easy to shop around for the best odds and lines. This is one of the best ways to maximize potential profits. Essential Advice for Beginners. Once you understand all the fundamentals of football betting. The more you know and understand about NFL betting, the more likely you are to be able to win. Bet the NFL with Borgata: Risk-free first bet up to $300 There are several different types of bets. When reading college football odds, the first thing you will see on the left is the time and date of the game. Next, you'll see two numbers and the team names. Each team is assigned a rotation number. These numbers are standard on all sportsbooks and do a few things. NFL Betting Tip: Generally speaking, teasing football point totals does not raise your win rate enough to make teasing advantageous. This is especially true in college football, but even in the NFL, it is much sharper to focus on teasers that move point spreads through key numbers like 3 and 7.
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 Nfl receiving leaders 2018.
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!
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 Nfl receiving leaders 2018.
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
Understanding Sports Betting Lines
- 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.
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.
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How to Use the Odds Comparison Tool
Understanding Football Betting Lines
Compare odds across legal US sportsbooks at ScoreandOdds.com to help you profit over the course of the NBA season and into the NBA playoffs. Find out how to use the odds comparison tool, along with other NBA betting tips below.
Are you in a state or traveling to a state with legal sports betting, such as Pennsylvania or New Jersey? Our odds comparison tools, which can be used on desktop or mobile, are perfect for any sports bettor looking for an edge.
The NBA odds comparison tool highlights the best spreads, totals and moneylines from the best legal US sportsbooks in the country. We know line-shopping (finding the best lines) can be a drag, especially in a sport that has multiple games nearly every day of the week like the NBA. By using Scores and Odds' odds comparison tool, you outsource the line-shopping process during our daily NBA betting routine, saving you valuable time and money. Simply click on the kind of bets you want to see — spreads, totals or moneyline — where it says Bet Type. The best NBA odds will be outlined in red, showing you the best sportsbook to use anytime you want to bet on a basketball game.
Want to know something sweeter? Every sportsbook featured in our NBA odds comparison tool will have a welcome promotion, which could include free bets or deposit bonuses if you have not already signed up at their online sportsbook. Take advantage of all of the offers by clicking on the bet you want and sign up today!
Of course, if you are new to NBA betting, or sports betting in general, you will first want to understand exactly what you are looking at in terms of NBA odds, moneylines and point totals. A few of our favorite NBA betting tips won't hurt you, either.
NBA Betting Glossary & Tips
Spread– Betting on the game spread (against the spread or ATS) is the most popular way to bet on the NBA. You will bet on either the favorite or the underdog to cover the spread. The favorite is the team giving or laying points (ex: Los Angeles Lakers -5.5). The underdog is the team getting points (ex: Boston Celtics +5.5).
By betting on the favorite, the team doesn't merely need to win the game for you to win the bet. In the example above (Lakers -5.5), the Lakers need to win by 6 points or more if you bet on them. If they win by 5 points or fewer, the bet is graded as a loss.
NBA Betting Tip: Pay attention to the NBA schedule. Is a team traveling home after playing the second end of a back-to-back that went into overtime? They might be fatigued, and since the NBA is a long season (82 games), coaches often rest their star players. We saw this play out earlier this season when the Nets hosted the Grizzlies. The Nets were at home, but they were playing their third game in a row one night after returning from an overtime win in Boston. The Grizzlies were underdogs but had fresh legs. Memphis won the game 118-79.
Moneyline– By betting on the moneyline, you are betting on the game straight up, i.e., on who you think will win the game — no spread included. Favorites require bettors to risk more than they will win, while underdogs pay out more than is risked. Example: Lakers -200, Celtics +180. To win $10 on the Lakers, a bettor must risk $20. A bettor risking $10 on the Celtics will profit $18 if the Celtics win. It is more common to bet on the point spread in basketball, but moneylines are more popular for baseball and hockey betting.
NBA Betting Tip: Upsets are common throughout the long NBA season. Even a bad team can get hot from three and beat one of the better teams any given night. Tread carefully when considering betting on big moneyline favorites, especially if it is against a volatile team that takes a lot of threes.
Total(Over/Under) – A bet on an NBA point total is a bet on the combined number of points scored by both teams, overtime included. If you bet Under on a game total of 218, you want the combined score of both teams to be less than 218 (ex: 110-107).
NBA Betting Tips: React quickly to injuries. This is true for point-spread and moneyline betting as well. NBA teams often have late scratches that can dramatically affect lines and point totals. With a million other things going on for sportsbooks, it is crucial to stay on your toes and beat oddsmakers to the punch before they adjust to news.
Vigorish (vig) or Juice – The vig or juice is how sportsbooks profit, taking a cut from sports bettors when they place their bets. Sportsbooks typically have a vig of -110 on both sides of a bet, meaning you have to risk $11 for every $10 you want to win. Taking into account the vigorish, you need to win not half of your bets but at least 52.4% just to break even.
NBA Betting Tips: While -110 is most common, some sportsbooks will try to charge more, making it very difficult for bettors to profit long term. Always look at the vig. This is why it is so important to use an odds comparison tool. By visiting this page, you can easily find which sportsbooks are charging the least amount for your NBA betting picks.
More NBA Betting Terms
Parlay – Parlays involve two or more betting picks, all of which have to win for your parlay to cash. You have a four-team parlay, and only one pick loses? Tough luck, you lose the entire bet. The larger payouts in parlay bets are typically what attracts bettors. Two-team parlays usually pay 2.6-to-1, three-team parlays pay 6-to-1, four-team parlays pay 10-to-1, etc. Though we refer to these as 'two-team parlays,' parlays can consist of picks on the point totals and sometimes even props. Use our parlay calculator for your convenience.
NBA Betting Tip: Remember, NBA lines are pretty efficient. It is tough enough to hit more than 50% of your bets. In a parlay, you have to hit all of your picks, making it even more difficult to win.
Teasers – Like a parlay, teasers require more than one pick, and all picks in your teaser must hit. Bettors like teasers because it is a way to move multiple point spreads (or totals) to their advantage. Since the points are adjusted in the bettor's favor, teasers do not have as large of payouts as parlays
NBA Betting Tip: Teasing is more popular in NFL betting, as a way to move through a few key numbers. There aren't key numbers in basketball the way there are in football.
2019 supercontest payouts. Live Betting (in-game) – Live betting, or in-game wagering, occurs after a game starts. Did you stay at work late and forget to place your bet before tip-off? Most US sportsbooks will have live lines available for you to bet on while the game is still in progress.
NBA Betting Tip: Leads in the NBA are very volatile throughout a given game. A team can easily be up by 20 points in the first half and end up losing. As JJ Apricena (Sports with Facts) has pointed out, rarely do NBA teams cover wire-to-wire against the spread. An NBA game is like a yoyo, built on constant runs, back and forth from both teams. You can often use live betting to get better numbers than were available before tip-off.