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Nfl money line betting explained sum

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Here are the typical NFL betting odds at a sportsbook. This is a screenshot from Bookmaker. Odds Odds or lines are posted for each game during the entire football season right up through the Super Bowl. These are not the only odds you will find but are the most common and listed in a number of locations each week. Other, such as parlays, teasers and pleasers can only be found online in the many different sportsbooks. Money Line Betting the money line means the favorite or underdog is not taken into consideration and you are betting on the eventual winner.

Straight Bet On a straight up bet, you will see the team and a number beside it. The points next to each team in a matchup are either negative or positive. The team with the negative points is the favorite and is favored by that amount of points. When an oddsmaker proposes a wager, the public is given two or more betting options to choose from.

For a single game, the choice is typically between Team A and Team B. When a team is the underdog it means they win less often. That translates to bigger payouts on your bet. These odds can be expressed in any of the three main formats American, fractions or decimals and still reflect the exact same win probability.

Additionally, with online betting, you can just enter how much you want to bet and the sportsbook will tell you how much you can win, before actually placing the bet. Lines and odds are always changing. Sportsbooks are always trying to balance the action between both sides in order to decrease their risk of exposure.

In a perfect sports-betting world for the sportsbook, the exact same amount is bet on Team A as Team B. That way, they make a profit from the commission they charge regardless of which team wins. For more on moving the line, take a look at our Wise Kracks podcast episode on Line Shopping. All three of these betting options incorporate American odds also called moneyline odds , so learning how money lines work is a good starting point.

A positive money line denotes the underdog, while a negative one denotes the favorite. The only exception is when both betting options are very close, and both have negative odds; in this case, the favorite has the number deeper within the negatives. For example, a is a deeper negative than If both odds are the same it means the sportsbook thinks both teams are evenly matched.

The negative and positive sign have more implications than simply indicating which betting option is more likely to win. It also indicates how much you can win on each bet. You can bet however much you want, and the payout will scale up or down to match the ratio. In this game, the Dolphins are the underdogs since they have positive odds.

The Texans are the favorites, which you can tell by their negative odds. Point spreads are the most popular way to bet on sports, as they provide people with bigger payouts when betting on favorites, and reduce the risk that comes with betting on underdogs.

As is the case with the money line bets, point spreads are also expressed with negative and positive numbers. Also similar to money lines, a positive spread is used for the underdogs and a negative spread is used for the favorite. In order for them to cover the spread, they need to win straight up, or lose by fewer than 11 points.

So what happens if Philadelphia wins by exactly 11 points? For some sports, bookies usually include a half-point in their point spread in order to ensure a winning or losing result with no ties possible. For that, you need to check the money line odds in the brackets beside the spread.

A flexible spread means the oddsmaker can make it any number that makes sense. Sports with lower point production have standard point spreads which are the same number no matter what the matchup is. For example, in MLB, the standard spread used is 1. NHL is another sport that uses standard spreads. For this San Francisco Giants-Boston Red Sox game, oddsmakers are estimating that both teams will score a combined total of 8 runs. The public gets two options to bet: over 8 runs and under 8 runs.

Totals payouts are based on the money line odds shown in the brackets beside the total, just like we covered in the money line example above. The positioning of the teams tells you which one is the home team and which is the visiting team, as the home team is always positioned underneath the away team. The spread and the total will look the same regardless of which sportsbook you use, but the moneyline odds could be displayed in American, decimal, or fractional styles.

Although these lines are expressed in American odds, most sportsbooks let you choose the type of odds you want the line expressed in. Changing the lines to decimal odds would look like this:. Find the best sports betting bonuses in your state, here. You can make the same wagers in land-based casinos and sportsbook as you can online. In both cases you usually have the option to bet on the point spread, money line, and total.

Some sports also prop bets like futures. The big difference between betting in Vegas, for example, and betting online is how the bets are displayed. Always double check your bet slip to make sure the bookie entered it right before leaving the counter. As mentioned, there are three ways sportsbooks display odds: American odds, decimal odds, and fractional odds. These odds tell you:. Pro : The underdog and favorite are clearly indicated.

The underdog is the team with the negative number and the favorite is the team with the positive number. Con : There are two payout calculations, one for the favorite and one for the underdog. Remember, positive odds indicate the underdog, and negative odds indicate the favorite. The favorite, meanwhile, has a lower payout because their odds of winning are higher. Odds for the favorite are based on the following formula:. In order to figure out the implied probability of each side winning, two calculations need to be done, one for the underdog and one for the favorite.

If you think that seems low, scoop up the odds and lock in the bet. Across the pond in the UK, the sports betting market deals mainly in decimal odds, which are essentially payout multipliers. If you see, for example, one team listed as 3. Con : Payout includes the return of your stake, not just the profit like American odds. In this example, the Boston Red Sox are 1. You can tell that the Red Sox are the favorites because their decimal odds are smaller, meaning their bet offers a smaller payout multiplier than the 2.

Like we mentioned before, the favorite always has a lower payout to balance the higher odds of winning. To determine how much money either bet will yield if it wins, simply multiply your stake by the decimal odds.

Determining the implied probability of each bet is easier with decimal odds than it is with American odds. One calculation is used for both teams.

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Also see: Los Angeles Dodgers vs. Indianapolis Colts' betting results The Colts went straight up last season, winning just seven games outright on the moneyline. They were against the Please enter an email address. Something went wrong. Money lines are represented in negative and positive values.

Negative money line: , , or anything similar When you see a minus - sign in front of a price, it shows you that team is the favorite to win the game. Related What does chalk mean in sports betting? Alabama vs.

Ohio State: How to bet on the National Championship game. July 8, From The Web Ads by Zergnet. Share this article shares share. Most Popular. Also, taking underdog moneylines in parlay bets can be huge for your payouts! Miami has been set in the role of the betting favorite, going off at on the betting line. On the other side of the equation, the Lakers are in the underdog role. 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.

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. 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. 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. 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.

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.

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. Menu ExplainBettingOdds. Moneyline Betting Odds Explained One of the most common types of sports betting lines when wagering on a game is the moneyline. Understanding How Moneyline Betting Odds Work The moneyline is used exactly the same no matter what sport you are betting on.

Seems pretty easy right?