Moneyline bets are by far the most popular type of sports bet that you can make. What’s great about moneyline bets is that they are not only simple enough for beginner sports bettors to understand and utilize properly, but they are also heavily used by professional sports bettors to rake in huge wins every single day in sportsbooks all across the world. In fact, there are many wildly-successful professional sports bettors who exclusively use moneyline bets in their winning strategy.
For those who are just starting to place sports wagers online, moneylines can be a bit confusing and overwhelming. They differ from point spreads, which are more concerned with the winner and by how much they win. With moneylines, the winning bet will be based on who wins and that is it. These types of bets are usually placed when betting on low-scoring games such as hockey or baseball, but they can also be an option with boxing and some mixed martial arts. The key to understanding moneyline betting is learning how to read the lines. Bettors will usually see a + and a – amount after the listed teams. The – indicates the favoured team. Let’s say there is a moneyline of +120 and -130. The -130 is the favoured team and will cost $130 in bets to collect $100 on a win. If punters choose to bet the underdog at +120, they will bet $100 and will win $120. Basically, one will have to wager more on the favoured team to come out ahead.
This may sound confusing, but spread betting is one of the easiest forms of sports betting offered. It also offers better odds when betting on the favorite team and the normal odds are 10/11 or -110. When one chooses to bet on the underdog that team does not have to win, they just have to cover the spread. Spread betting is pretty simple and it allows punters to enjoy an exciting form of betting that can lead to some significant wins.
It is important to note the difference between spreads in sports wagering in the U.S. and sports spread betting in the UK. In the U.S. betting on the spread is effectively still a fixed risk bet on a line offered by the bookmaker with a known return if the gambler correctly bets with either the underdog or the favourite on the line offered and a known loss if the gambler incorrectly bets on the line. In the UK betting above or below the spread does not have a known final profits or loss, with these figures determined by the number of unit points the level of the final outcome ends up being either above or below the spread, multiplied by the stake chosen by the gambler.
As we mentioned in the close of the last section, sportsbooks try their best to get the same amount of total money bet on both sides of a game. If they can accomplish this, then they are guaranteed to make a profit no matter who wins or loses the game. The way a sportsbook goes about doing this is by manipulating the point spread to make the less bet side more enticing.
Handicap league bets are quite similar to the bets we've already talked about except you are now betting on a team's performance across the entire course of the season. Bets are made at the beginning of the season before the first game is played and are not paid out until the last game of the season has been played. Here is a screenshot of some handicap league bets on Premier League soccer.

You've probably noticed by now that in the first game there are no odds posted in parenthesis to the right of each team. This means that the sportsbook is paying out both bets at the standard odds for a point spread bet of -110. Some sportsbooks will write the -110 in, and some will just leave it blank assuming that you know they will be paying out at the standard odds rate.


In this instance, the Dodgers are the favored team, as signified by the negative numeral. It would cost you $130 in order to collect a $100 payout on a Dodgers victory (plus the original wager of $130). But if you bet $100 on the Cubs, you'd collect $120 if they win (plus the original wager). In other words, you'll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet.
By far the largest part of the official market in the UK concerns financial instruments; the leading spread-betting companies make most of their revenues from financial markets, their sports operations being much less significant. Financial spread betting in the United Kingdom closely resembles the futures and options markets, the major differences being
Oftentimes you’ll see a point spread that has a half-point added to the number. Of course, there’s no such thing as half a point in a football game, so why do we so often see point spreads with a (.5) attached to the score? Sportsbooks do this to make sure there isn’t a chance of a push.  Let’s take another look at our game from above with the half point added.
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