The simplest way to think about a moneyline is to consider a base bet of $100. A moneyline is a number larger than 100, and it is either positive or negative. A line with a positive number means that the team is the underdog. If the line, for example, was +160 then you would make a profit of $160 if you were to bet $100. Obviously, then, the team is a bigger underdog the bigger the number is - a +260 team is perceived to be less likely to win than a +160 team.

As you can see, there’s another number in our example above. The –110 in parentheses refers to the juice; this figure is expressed in the same fashion as moneyline odds, with either a negative or positive sign in front of the number. In this case, in order to place a wager on either side, you would have bet $110 to win $100. If the juice on Kansas City had been +110, you would have bet $100 to win $110. Most NFL game lines ask you to pay the standard –110 vigorish. If you don’t see any particular figure attached to the spread, the usual –110 vig applies.
This arrangement tells us a lot: which team is home (listed on bottom, in this case the Seattle Seahawks), which team is the underdog (listed with a plus sign next to their name, in this case the New England Patriots), we know which team is the favorite (listed with a minus sign next to their name, in this case the Seattle Seahawks), and we know the point spread (2.5 points).
So the sportsbooks and bookies created a point spread to make both teams equally attractive in the eyes of bettors. Carolina was installed as a 6-point favorite, which is commonly written as Carolina -6. Denver, the underdog, is commonly written as Denver +6. In other words, Denver would be credited with whatever points they actually scored — plus six. If you bet the favorite, the Panthers would have to win by 7 points or more for you to win your wager. And remember, the Panthers are favored by 6 points, so we have to subtract 6 points from their final score for betting purposes.
You'll also usually be given the option to wager on the game with the money line in football and basketball. In this case, all you have to do is pick the winner of the contest, but there's one drawback. If you bet on the team that's expected to win, you can find yourself risking much more money than you stand to win. Each team is assigned odds, much like in a horse race where a 2-1 favorite will pay out much less than a 15-1 longshot. This method also evens the playing field for bookies, sportsbooks and other gambling institutions.
For example, if you want to bet that -140 favorite, you’ll need to risk $140 in order to win $100. To bet on the +120 underdog we mentioned above, you’ll need to bet $100 to win $120 if the dog wins outright. In many cases, betting moneylines offers better value and can provide a bigger profit for less risk. Check out our NFL Betting Guide to learn more about when you should bet a moneyline instead of a point spread.

The moneyline works differently. With this type of wager whichever team wins outright pays off. There is no spread. How does the line work? The favorite is listed with a minus sign and a number. That number is the amount of cash that must be bet in order to win $100. The underdog is posted with a plus sign in front of a number. The number is how much a sports bettor wins on a $100 wager.


While home field advantage may be a sports term, it can also be linked to your house, your route to work, or even a trip to a familiar grocery store. Think about this for a second. If you've ever hosted a party at your house, you know where everything is and you would have free reign to go into any cupboard, drawer or room you that you please. That would be an example of home-house advantage. If you've ever gone to an unfamiliar grocery store (maybe you weren't around town but you needed to make a pit stop), it is going to take you a while to find exactly what it is you are looking for. Read More >>
If you wanted to bet the underdog Orlando to win the game, their money line odds are +280. Whenever a "+" is listed for odds, the number after it is how much you will win for betting $100. So in this example, a $100 bet would win $280 if the Magic win the game. This definitely seems like a way better deal than betting $340 to win $100, but remember that Orlando has a small chance of beating the best team in the league. Some bettors may see value in this, but you should never blindly bet an underdog - or any side for that matter (just talk to the thousands that bet on Conor McGregor last August).
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
Totalizators. In totalizators (sometimes called flexible-rate bets) the odds are changing in real-time according to the share of total exchange each of the possible outcomes have received taking into account the return rate of the bookmaker offering the bet. For example: If the bookmakers return percentage is 90%, 90% of the amount placed on the winning result will be given back to bettors and 10% goes to the bookmaker. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing.

The -110 listed is the actual odds given for these bets, and the odds determine how much you win based on the amount of your wager. This is why the odds are often called the price of a bet. When you see -110 odds, you need to bet $110 to win $100. Of course, you don't need to literally bet $110; that is just the ratio of the amount bet to the amount won. You can bet $11 to win $10, $20 to win $18.18, etc.
Edit My Bet. The ‘edit bet’ feature can be used by gamblers to ‘unsettle straight accumulators’ before matches have started or whilst they are in-play. The feature can also be used for to swap single bets for new bets, and the gambler is given a new bet selection valued at the bookie's cash out price to reflect live market/game odds for the original bet.[1]
For those who are only really interested in wagering for a bit of fun, you'll be ready to go as soon as you've finished reading this page. For those of you with ambitions of making long term profits, we also point you towards a wide range of additional information and advice that will help you to achieve such goals. We're not promising that we'll make you an instant expert, but we'll certainly give you the chance to become one.
Like many high scoring sports, NFL wagering is dictated by the point spread. The spread, or line, is a type of side bet that equalizes the chance of winning a wager. The line offered for any given team will be accompanied with a – or + symbol to indicate whether a team is a favorite or an underdog. The example below displays the spread from the Sports Insights archives at the time of kickoff:
The 3-digit numbers to the far right are the listed prices for these bets.  This is also called the odds, vig, or juice.  An easy way to think of it is the amount you must risk to win $100 on this wager.  In our example, -110 means you must risk $110 if you want to win $100.  -110 is pretty standard, but you will find different options.  We will cover those in more depth when we talk about money lines.  The price of the bet has no impact on which team is favored.  Only the plus or minus on the point spread matters.  This is handled differently when you bet strictly on the moneyline.
Pennsylvania approved a sports betting law in October 2017 and had regulations for sports betting in place in August 2018.[38] The state approved the first sports betting licenses for Hollywood Casino at Penn National Race Course and Parx Casino on October 3, 2018.[39] On November 15, 2018, sports betting began at Hollywood Casino at Penn National Race Course with a two-day test; official sports betting began on November 17, 2018. Hollywood Casino at Penn National Race Course became the first casino in Pennsylvania to offer sports betting.[40][41] Pennsylvania became the seventh state to offer sports betting.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
The easiest way to see how your favorite team has been going against the closing point spread line is to visit The Football Lines .com's NFL Spread Results pages, here you will find the results for all 32 pro football teams against the closing NFL spread listed by AFC teams and NFC teams. These results are also archived by the week and include the most current games right back to the 2007 NFL season. With green representing a win against the closing spread, yellow a push and red a loss our NFL Spreads Results are an easy way to identify teams who are on a winning or losing streak, how different teams have performed against the spread after a bye week or how different teams have gone over the years in various NFL weeks.
While home field advantage may be a sports term, it can also be linked to your house, your route to work, or even a trip to a familiar grocery store. Think about this for a second. If you've ever hosted a party at your house, you know where everything is and you would have free reign to go into any cupboard, drawer or room you that you please. That would be an example of home-house advantage. If you've ever gone to an unfamiliar grocery store (maybe you weren't around town but you needed to make a pit stop), it is going to take you a while to find exactly what it is you are looking for. Read More >>
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