Category: Betting Tips And Guides

9 Apr by jfthretwerdge

What Does Moneyline Mean In Sports Betting and Wagering?

Sportsbook Screen

Before we had the options of wagering on future bets, parlays, teasers, alternative lines, Asian lines, prop bets and each-way, there was one betting option that reigned supreme. It was the money line bet. From a non-gambling perspective, winning a game in any sports will make a team happy. However, depending on the score, that win may not please bettors. That’s because the point spread betting option has taken over as the popular option, leaving the money line far behind. If you are the kind of person who bets on your favorite team each and every game, this is the bet for you. There is nothing worse than watching your team win the game, but lose you money by not covering the point spread.

What Does Money line Mean?

The money line bet is the simplest form of betting in the industry. A “money line” bet is a way of betting on which team is going to win the game outright, or which individual will win an event. With a money line bet, the margin of victory or the total number of points a team scores do not matter. If you like the Patriots to win outright versus the Browns, a 3-0 win would win you just as much money as a 77-0 win.
Unfortunately, the profit from winning a money line bet could be drastically different depending on if you bet on the favorite or underdog.

Money Line Odds

The money line bet always relates to bets of $100. A favorite will be represented by a negative money line figure such as -180. This means that in order to profit $100 off your winning bet, you would need to risk $180 dollars. But as I’m sure you already know, you can risk any amount you are comfortable with and the payment (should you win) will be in proportion to the odds. For example, a $50 bet on a -180 line would win you $27 dollars.

When betting an underdog on the money line, you will notice that they have a positive price attached to them. For example, if the underdog you like was +195, a $100 bet would profit you $195 dollars for every hundred put down.

The money line odds will always be different aside from the plus or minus – those are the only constant. The favorites will always have a negative value, which is how the sportsbooks make their money.

What Sports Can I Bet the Money Line On?

You can bet the money line option in every single sport that is offered up. It is the simplest form of betting and it is also the primary way to bet sports in which a point spread isn’t available (think hockey or baseball). Money line wagers are also available in football and basketball, but the point spread wager is much more popular. It is also used in tennis, golf, boxing, MMA, cricket, table tennis, and any other sport you can think of that has a winner at the end of the game.

Are Money Lines the Best Betting Option?

9 Apr by jfthretwerdge

What Does Middle Mean In Sports Betting and Wagering?

gummy bears

If you think it’s hard enough winning a single point spread bet on the NFL, you are not alone. If I told you that some handicappers live for and are good at winning two point spread bets on the same game while betting both teams, you’d shake your head at me in disbelief. First, yes, it’s possible. Second, its very hard to do and most of the time it happens by fluke. However, pulling this off will earn you more kudos than winning a four or five-team parlay bet. The act is called “middling” a line and here’s what it means.

What Does Middle Mean?

9 Apr by jfthretwerdge

What Is A Line In Sports Betting and Wagering?

If you’re an amateur bettor that’s just starting out and are in desperate need of a quick betting terminology lesson, you’ve come to the right place. For starters, I would like to believe that you are starting out by picking teams that you believe will win the game outright. That would be known as a […]
9 Apr by jfthretwerdge

What Is A Linemaker in Regards to Sports Betting and Wagering?

If you’ve ever found yourself cursing the game line or completely dumbfounded at how a basketball total from the Serbian basketball league lands right on the “over/under” number, I can assure you that you are not alone. Setting the right number is the heartbeat of any sportsbook which is why they hire the sharpest minds […]
9 Apr by jfthretwerdge

What Does Trifecta Mean In Horse Racing and Sports Betting?

Nothing says “summer” better than a trip to the racetrack and several ice-cold drinks while basking in the sun and skimming through the dailyracing program. Unfortunately, only a small amount of the betting public actually knows how to dissect the program properly which gives them a bit of an edge when it comes to placing […]
9 Apr by jfthretwerdge

What Does Grand Salami Mean In Sports Betting and Wagering?

Have you ever skimmed through the baseball or hockey results and thought to yourself “wow the “over” was the play of the night since it hit in 10 games?” If you have and are kicking yourself for not playing every one of those games, this Grand Salami bet is the bet for you. The Grand […]