Moneyline

Reading money lines

What happens if you bet a money line and they tie?

The moneyline bet won (+$2.67), but the spread bet lost (-$10). If you did decide to bet both moneyline and and spread of the same side, you would probably want to vary your bet amounts. Moneyline definition If you only wanted to bet $50 on the Patriots moneyline, you would get back $66.67 in the event of a New England win, a $16.67 profit.

Reading money lines

Unlike some other sports during the season where the teams hardly play the same opponent in back-to-back games, baseball teams play 2-4 game series against the same team. Most Canadian betting sites allow gamblers to place wagers on the winner of the series rather than going game by game to determine the winner. The odds are offered in a similar format but the favorites come at a high cost. It is not uncommon for a worthy team to lose a match but most of the time, this is not the case. Moneylines, Explained Referring to 2-way bets as regular moneyline bets is the standard terminology for North American bettors.

How to Read Betting Odds FAQ

If you ever come across the terms 2-way moneyline and 3-way moneyline, don’t panic. They’re actually really simple once you learn the basics. How to Calculate Moneyline Payouts One of the easiest-to-understand bets is called a moneyline betting. Not only is it straightforward but there are only three possible outcomes. We're going to take an in-depth look at what a moneyline bet actually is, as well as how to place this type of bet. With that said, let's dive in and get to it!

Betting the moneyline in football

On the other hand, in a moneyline bet with an underdog, the odds will have a plus sign (+) in front of the number, such as +200. This means that if you bet $100 on the underdog, you would win $200, or any other equivalent amount. The plus sign indicates that the team or player is not expected to win, and the odds reflect the amount that you would win if you bet a certain amount. Who are the favorites and the underdogs in moneyline betting? -200 $100 +170
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