what does money line mean in football betting
Betting the moneyline for a football game is simply betting on which team you think is going to win. There is no point spread involved. Whichever team you select has to win outright for a wager to be successful.
How to bet moneylines in football?
A moneyline bet simply involves you picking one of two teams to win the game. No catch, no angle, just the right answer or the wrong answer. Each team/person in a matchup for a moneyline betting option is given a separate numerical value for …
What is a Moneyline bet in football?
Betting the moneyline for a football game is simply betting on which team you think is going to win. There is no point spread involved. Whichever team you select has to win outright for a wager to be successful. In the unlikely event of a tie, your stake will be returned. In most football games there is a favorite and an underdog.
What is a money line bet in football?
Jul 08, 2019 · In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a margin of victory ( …
What does money line mean in betting?
Aug 03, 2021 · A money line bet – also written as “moneyline” or “ML” – is placed on an outcome of one event. In most cases, there are only two outcomes: Team (or Player) A wins or Team (or Player) B wins. In sports with occasional or frequent ties, including soccer betting, a …
What does a +200 money line mean?
A +200 moneyline indicates how much money a bettor would win with a $100 wager. It means that a bettor who wagers $100 would win $200 (plus the original $100 wagered) if that team wins the game outright.Sep 8, 2021
What happens if you bet $100 on a +140 money line?
An underdog at +140 moneyline odds means a $100 winner nets you $140 in profit.
What is a good money line bet?
The reason I picked this game as a good example of a moneyline bet is because this is the range of odds that you will typically see for most evenly-matched games. Most of the time, the favorite will be getting odds between -100 (or EVEN) and -200, while the underdog will be getting odds between +100 (EVEN) and +200.
How do you read the money line odds?
A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.
How do money lines work?
If you place a bet on the moneyline, that means you think the team you bet on will win the game. If they win, you win, no matter the score. While a point spread requires the team you bet on to win by a specified margin, moneyline does not.Jan 25, 2022
Do you get your original bet back if you win?
A winning even money bet will return exactly the amount staked in profit, plus the original stake. So you basically double your money. Remember: the higher the odds, the less likely a wager is to win but the greater the rewards will be.
Should you bet the money line?
Moneyline bets are easier to win You are simply making a bet on which team will win a certain game. This is a great betting option for beginners, as it is typically easier to just pick winners. The disadvantage to a moneyline bet is that payouts are usually minimal.Apr 25, 2021
How often does Moneyline win?
How often does the moneyline favorite win in the NFL? Since 1985, NFL moneyline favorites have won 66.5 percent of the time. Moneyline favorites finished 188-88-1 SU (67.1%) during the 2020 NFL season.
Is it better to bet moneyline or spread?
With underdogs, covering the spread requires winning the contest or losing by a less than the point spread. Potential profits with underdogs are higher with moneyline bets, but the point spread provides a margin for error and a way to win money on the team that loses a game.
How much does a $50 parlay pay?
In a parlay, those odds would turn into +205, which means a $100 bet would pay out $305. If you bet $50 on each of those moneyline odds, the payout would be about $174.
How much money would you win if you bet $100?
So if the bet is -100 and you won, the payout would be $200 for a profit of $100.
Why would you bet a negative money line?
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. That number also indicates how much money you need to bet/spend in order to win $100. For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.Jul 8, 2019
How do you read a moneyline bet?
Moneyline odds are based on a $100 wager, with the favorites getting a negative number (-) and the underdogs getting a positive number (+). A favor…
What does a +200 moneyline mean?
+200 odds on a moneyline bet indicates how much money you would win if you bet $100 and were correct. If the New Orleans Saints have +200 moneyline…
What’s the difference between a moneyline and a point spread?
The difference between a moneyline and a point spread is how a team wins or loses a game. For a moneyline bet, you’re picking a winner between two…
How Football Moneylines Work
Betting the moneyline for a football game is simply betting on which team you think is going to win. There is no point spread involved. Whichever team you select has to win outright for a wager to be successful. In the unlikely event of a tie, your stake will be returned.
When to Bet Moneylines
We’re often asked a question along the lines of “why would I place moneyline wagers rather than point spread wagers?” There’s no simple answer to this question really, as point spreads and moneylines shouldn’t be viewed as “either/or” options as such.
Tips for Betting Football Moneylines
Now that you know how moneylines work, and have some idea of when to use them, you can start to consider how to bet moneylines effectively. The following tips will help you with this.
What sports use moneylines?
Example of a moneyline wager. Low scoring sports like baseball, soccer, and hockey are usually bet on using a moneyline. But they are also popular in football. The best way to explain how moneyline bets are paid is with an actual example.
What is the best way to bet on sports?
Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due. It is really that simple. There’s no point spread with a moneyline bet. Bettors are just picking the winning side.
Why are moneyline parlays so popular?
The payout for a parlay is greater than an individual wager on each player or game. Underdog moneyline parlays are becoming popular because the payouts can be very large.
Why do bettors pick underdogs?
Bettors often like picking underdogs because they are usually “plus” money. This side of the moneyline bet pays out more money per unit than a wager on the favorite. In this example, the moneyline on the favorite Chiefs was -156. At -156 odds, a bettor would need to wager $156 to win $100.
What does the plus sign on the moneyline mean?
This side of the moneyline is usually listed with a plus (+) sign. These signs signify how either side of the wager will pay. The minus side will pay less than original wager while the plus side will pay more than the original wager.
What are the two sides of a moneyline?
The two sides of each moneyline wager are essentially the opposite of each other. When wagering on the favorite it’s easiest to work from the dollar amount that will return a win of $100. When wagering on an underdog it’s easiest to understand how the moneyline pays based on how much a $100 wager will pay.
Is there a point spread on a moneyline bet?
It is really that simple. There’s no point spread with a moneyline bet. Bettors are just picking the winning side. While placing a wager is simple, trying to understand how the moneyline pays might be a bit complicated. Both sides of each moneyline wager are paid on a different schedule and that could make this kind of bet confusing.
Definition of Moneyline Betting
Bet is made on outright winner. A positive number denotes the underdog. A negative number denotes the favorite. Two -110 negative numbers indicate no specific favorite. This is a PK or pick ’em bet. Choose either selection.
Moneyline Gambling Example
Refer to SB3’s article “ How to Read NFL Odds ” for help understanding spread, total and juice numbers.
How Moneyline Betting Works
Bet wins if selection wins outright. Bet pushes if game ties. All push bets are refunded.
Pros And Cons
Moneyline odds are available for leagues both team and individual. Future and proposition bets have moneyline odds.
Compare numbers to find value. Shop moneyline values at different sportsbooks. One sportsbook might require less money to bet a favorite. Another may offer a greater payout for the underdog.
Bets to Try
Baseball 5 inning – Choose winning team after 5 innings. Compare each team’s starting pitchers to determine the likely winner. Sportsbook refunds bet if a starting pitcher scratches. Tie results produce refunds. Bettor cannot list alternate starting pitchers.
Moneyline Betting History
Moneyline or fixed-odds betting has existed since sports betting began. It later made its way to the United States in the late 1800s.
What Does Money Line Mean?
A money line bet – also written as “moneyline” or “ML” – is placed on an outcome of one event. In most cases, there are only two outcomes: Team (or Player) A wins or Team (or Player) B wins. In sports with occasional or frequent ties, including soccer betting, a tie (or draw) is also offered.
How to Read the Money Line
Favorite: Which team or player is favored to win? If one side has minus odds, they are the favorite. For example, if the Los Angeles Lakers are -180 in money line odds vs. the Boston Celtics, they are the favorite.
How to Calculate Money Line Payouts
The BetMGM sportsbook automatically calculates betting payouts for each customer. However, understanding payout calculations can help in managing your bankroll and selecting betting odds.
Money Line Parlays
You can add more excitement and bigger potential payouts to your sports betting experience by combining money line bets into parlays.
Place Sports Wagers at BetMGM
At BetMGM, you can view updated odds and place a bet online throughout the year. Whether you’re browsing live sports betting odds on your computer with online sports betting or NFL betting odds on your phone with mobile sports betting, the best online sportsbook has you covered.
What sports do you bet on moneyline?
However, sports like the NFL, college football, NBA, and NCAA basketball also see plenty of moneyline bets.
What is a 3 way moneyline bet?
What is a 3-way moneyline bet? 3-way moneyline bets are most often bet in soccer, due to the high percentage of games ending in a draw. Three-way odds allow you to bet on either team to win or a draw result.
Why do people use moneyline odds?
Moneyline odds are very popular with new sports bettors because you’re simply picking which side will win. Moneyline betting is one of the three most common ways that people bet on sports, along with point spread betting and Over/Under betting . Moneyline betting is most often done in baseball and hockey as well as one-on-one sports like boxing …
What is the moneyline odds?
Moneyline odds are based on each team’s implied probability to win the game and because not all teams are equal, money line odds will vary from game to game. Games that are expected to be close in competition will have less variance between the two sides’ moneyline odds.
What does 200 mean in moneyline?
What does a 200 moneyline mean? If the moneyline is -200, it means the team is the favorite and you must wager $200 to win $100. If the moneyline is +200, it means the team is the underdog and you could win $200 if you bet $100. ×.
Can you win with a moneyline parlay?
However, for your moneyline parlay to win, all of the picks involved in the parlay must be correct.
Is the 49ers underdog?
The San Francisco 49ers are the underdogs because they have a plus (+) before their moneyline. Kansas City is a -130 moneyline favorite. That means that in order to win $100 betting Kansas City’s moneyline odds, you would need to risk $130. San Francisco is a +110 moneyline underdog. That means that if you risk $100 on San Francisco’s moneyline …
What is a moneyline bet?
A moneyline bet is the simplest and most straightforward wager in all of sports betting. It is a bet that has potentially two or three outcomes depending on the sport. When there are two players or teams listed on a moneyline bet, bettors are choosing one player or team to win. In the case of soccer (European football) or a boxing/MMA fight, …
How much do you have to bet to win $100?
-150) in order to win $100. In this instance, a bettor would have to wager $150 to win $100. If the bet wins, the sportsbook would pay $250, which is the stake ($150) plus the win ($100). A favorite is always represented with a minus sign on the moneyline.
What is a draw no bet?
A “Draw no bet” occurs when a draw is not offered as an outcome on a moneyline bet when that outcome can potentially take place. This happens most in soccer/European football when a moneyline bet provides options only for either team to win. When a draw takes place with this type of wager, bettors have their full stake returned.
What is an evens pick?
An evens or pick ’em bet is when two teams are so close in terms of level of play that the sportsbook decides to price them as equally likely to win or lose. In such a case, bettors would receive the same amount of money bet on the pick. In this instance, bettors would win $100 on a $100 wager, thus totaling $200. An evens or pick ‘em will usually have the word “evens” or “pick ‘em” listed on the moneyline. It will be represented by the equal wager amount (+100), or a combination of the terms such as (Evens +100). A winning even or pick ‘em play by a bettor will pay out the same amount wagered.
What is the difference between an evens and a pick em?
An evens or pick ‘em will usually have the word “evens” or “pick ‘em” listed on the moneyline. It will be represented by the equal wager amount (+100), or a combination of the terms such as (Evens +100). A winning even or pick ‘em play by a bettor will pay out the same amount wagered.
What is an underdog in sports betting?
The underdog is the player or team considered less likely to win. Again using $100 as a standard betting unit, a bettor would have to wager $100 to win the amount listed (i.e. +150) for an underdog win. In this instance, a bettor would wager $100 to win $150, thus totaling $250 for the payout. An underdog is always represented by a plus sign (+) …
What does it mean to win long term?
Winning long-term is as much about getting the best price and good value, as it is being on the right side.
What is a money line bet?
The money line is actually the most straightforward bet you can have on any sport.
What happens when a sportsbook sets a money line?
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). In the above game, the sports-book has decided that the Pittsburgh Steelers warrant favoritism.
Is there a point spread in sports?
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. Sports with small margins of victory are also popular money line wagers – soccer being an example, where point spreads are possible, but because of the lack of goals, …
NFL Moneyline Betting Explained
The moneyline bet is an easy one to understand. Bettors are tasked with figuring out which team is simply going to win an NFL game. They do not need to worry about what the point spread is, as the margin of victory is irrelevant. They also do not need to worry about the total number of points scored in the game.
NFL Moneyline Bet Example
In this example of an NFL moneyline bet, let’s say that the New York Giants are facing the Philadelphia Eagles. In this example, the Giants are a -150 favorite while the Eagles are at +120 odds to win the game.
NFL Moneyline Movement
NFL moneyline odds, whether they are Las Vegas odds or odds in another state, can move before the start of a football game. Interestingly enough, the odds for NFL moneylines are closely correlated to the lines of NFL point spreads.
NFL Moneyline Betting Advice
There are some key pieces of advice that bettors should take into consideration before wagering on NFL moneylines. The first of those bits of advice is the most important. Bettors should not simply bet on favorites when wagering on this market.
How To Place An NFL Moneyline Bet
NFL betting is easy, whether it is moneyline betting, point spread betting or another form of NFL gambling. To place a bet on the NFL, bettors should go to a legal and licensed sportsbook in their state.
NFL Moneyline Betting FAQ
Betting on the moneyline is simple in the NFL. All you have to do is pick which team you think is going to win the game and bet accordingly, with no point spread involved.