Betting On Money Line
Posted : admin On 3/24/2022What is a Money Line or Straight Up Wager?
A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds. A Money Line better doesn't have to worry about a team winning or losing by a certain number of points.
Betting On Money Line
Oddsmakers still determine a favorite and an underdog by the overall strength of the competitor, but the odds given are based on the amount of money that needs to be put up in order to place the bet.
Example:
The bettor will receive odds that resemble these:
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. A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds. A Money Line better doesn't have to worry about a team winning or losing by a certain.
A moneyline bet is picking which team will win a game. There is no spread or line associated. A money line bet is on a team to win the game outright (with no point spread) at an adjusted cost. The favorite will have negative odds, while the underdog will have positive odds. The difference here is in. Money line bets can seem a little confusing at first, especially for the bettor who has traditionally wagered their money on the point spread. The money line is actually the most straightforward bet you can have on any sport. Whilst the spread bet is on a team to win and by how many, the money line is a bet.
Betting On Money Lines
Colts –140
Bears +120
The (-) symbolizes which team is the favorite and the (+) indicates which team is the underdog. So in the above example, the Colts are the favorite and the Bears are the underdog. All the bettor is wagering on is who he or she thinks will win the game.
If one were to bet on the Colts, he or she would have to risk $140 to win $100 (or $105 to win $75; $70 to win $50, etc). If one were to bet on the Bears, he or she would only have to risk $83.33 to win $100 (or $62.50 to win $75; $41.67 to win $50, etc).
So while the Colts are the favorite to win the game, one would have to risk more money if they wanted to bet on them.