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Sports Betting Guide - Money Lines
If you are new to the world of sports betting then Money Lines can, at first glance, be quite intimidating, but once you understand the basics of how they work you will be amazed at how simple to understand they are.
The following is an example of a Money Line:
Team A +120
Team B -130
In our example above Team B are the favourite, you can see this by the "-" sign which is in front of the number 130. Team A are the outsiders and you can tell this by the "+" sign in front of the number 120.
In basic terms should you wish to place a sports bet on the favourite Team B then you will have to place a wager of $130 and should they win you will get an additional $100 as your winnings.
Should you however wish to take a gamble on the outsider Team A then by placing $100 you will win $120.
The Money Lines are always shown in units of $100 you are not obliged to place a wager of that size you can in fact place a wager of any size.
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Money Lines in use:
Money Lines are used on several sporting events where using a point spread is not required or necessary IE Tennis, Soccer and Baseball, there will always be a favourite and the main difference in the Money Line odds will reflect how strong the favourite is, an example of a strong favourite would be:
Team C +190
Team D -220
In the above example you would have to place a wager of $220 to win $100 if you decided the favourite Team D was the one for you, however should you fancy the outsider then placing a bet of $100 would win you $190
You will in some cases, see massive Money Lines, especially in Boxing matches when you have a so called unbeatable opponent an example could be:
Boxer A -700
Boxer B +550
You should now be able to work out the Money Lines for yourself, if you are still struggling we will help you, putting $700 on Boxer A will win you $100 and a $100 bet on Boxer B will win you $550.
Money Lines - Conclusion
A sportsbook will decide on what Money Lines to use, and this is based on who they think will win the event, they will usually tend to make a bigger profit when the outsider wins and lines can shift as they balance their books based on which team or opponent is having the most amount wagered on them.
You will find Money Lines being used on most if not all sporting events, and by shopping around you can find some excellent betting opportunities and good value for money can be found, as most sportsbooks will have a different opinion on who they think will win, but at the end of the day it is the volume of money wagered that dictates the Money Lines.
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Gaming Articles
Below are several sports-betting related artices we think you may find interesting, simply give any of those topics you wish to read about a click!
Studying The Form - Learn more about what to look for when sports betting
Single Bet Types - Learn the different bets that can be placed at online sportsbooks.
Multiple Bets - Discover how to place mutliple bets on any sports betting opportunity.
How to bet - New punters get your head around betting online with our quick guide.
Money Lines - What are moneylines, well come and find out then you'll know!
Sports Betting Tips - A level headed approach to picking a winning sports bet.
Risk Free Betting - A no lose way to bet on sports, which is what you want.
Value Analysis - Tracking down the best betting propotions and gaing an advantage.
History of Sports Betting - A insight into the past history of betting.
Sports Betting Introduction - A beginners guide to all sports bets.
Sports Betting Rules - Learn the rules at all times before you make a wager.
Betting Exchange - The new way to back or lay bets with odds you won't believe.
Sports Betting Strategy - Gain maximum advantage by planning a top strategy.
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