There is no magic formula for moneyline betting, you’ll simply need to pick your spots wisely and balance your risk versus your potential reward. In general, I think this means taking higher upside picks, such as underdogs rather than taking large favorites. However, bettors should analyze each game independently looking for value in both favorite and underdog moneylines.
Remember earlier when we said that most point spread bets in basketball pay out at -110? Well, this is where the vig is located. Sportsbooks will work to get equal amounts of money on both sides of a game and make their money off of the vig. If they are successful in doing so, it does not matter to them who wins the game. For example, let's look at our earlier example. Here are what the odds would look like at the sportsbook:
Overtime and the shoot-out does count for NHL point-spread results in Ontario. Whenever you see a game -0.5 essentially both teams have a spread of -0.5 and your team has to win the game for you to win the bet. Lately there have been more -1.0 / +1.0 NHL spreads in Ontario. If you choose the -1.0 spread and the game goes to overtime you cannot win the bet. You can only push the bet if your team wins in overtime or the shoot-out. Conversely, if you choose the +1.0 spread and the game goes to overtime you cannot lose the bet but will push the bet if your team loses in overtime or the shoot-out.
Used in high-scoring sports like NFL and NBA, the point spread is a handicap that is placed on the favorite team in terms of points for betting purposes. If 10 points favor the Broncos over the Seahawks the point spread is 10. The Broncos must win the game by 11 or more points for you to win your wager. If you’ve made your bet on the Seahawks, you’ll win your bet if your team wins the game or losses by nine points or less. If the Broncos manage to win by exactly 10 points then the bet will be a tie.
You can also bet straight winners and losers -- with no point spreads involved -- with money line wagers. When there is a minus number you bet that amount to win $100 in profit. When there is a plus number, that is your winning profit for every $100 wagered. So if the Cowboys have a money line of -250, you would have to bet $250 on them to win $100 in profit on any Dallas victory. If the Giants had a money line of +150, you would win $150 in profit with a winning $100 bet. If a money line is posted as even, you would win a $100 profit on a $100 winning bet.
Jeff Gordon has been reporting and writing since 1977. His most recent work has appeared on websites such as eHow, GolfLink, Ask Men, Open Sports, Fox Sports and MSN. He has previously written for publications such as "The Sporting News" and "The Hockey News." He graduated from the University of Missouri-Columbia School of Journalism in 1979 with a bachelor's degree.
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The biggest advantage of the moneyline for the NBA is that your team doesn't have to overcome the point spread for you to win your game. If your handicapping leads you to believe that one team is likely to win but you can be less certain that they will win by as much as the point spread then the moneyline may be attractive. You are sacrificing some potential return because the moneyline won't pay as much for the favorite as the point spread will, but it's obviously better to make a small profit than it is to lose a bet. This is particularly attractive in basketball because the favorites can often face large point spreads and teams can win comfortably and effectively without covering the spread.
Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better (lower) score wins the matchup. (If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.)
Understanding how a moneyline wager pays isn’t simple but it’s not very complicated. That said, it might take running through a few examples before fully grasping the payouts. Moneylines for football and basketball games are often tied to the point spread. When a game has a large point spread it usually has a large moneyline. Both are separate bets but are shown together in a sports wagering app screen and in a brick and mortar sportsbook.
When it's not NFL season, BetOnline keeps on chugging along with point spreads for numerous other sports including men's + women's basketball (pro + college), along with run lines for baseball (full game + 5-inning), and they even have goal lines for several hockey leagues worldwide. BetOnline excels when it comes to betting on any sport, visit them today and give them a chance to prove it...it will not cost a cent!
All relative events must be completed within the same day/session as listed in conjunction with the offer. Should this not be the case, bets placed on the offer will be fully refunded except for those offers whose outcomes were decided prior to the abandonment and could not possibly be changed regardless of future events, which will be settled according to the decided outcome.
To help get you started, we’ve broken down the most popular and the need to know NBA bet types below. Make sure you take the time to read through each of these and figure out how they might play a role in your betting strategy. Remember, you are not required to use all of these bets. Many professional NBA sports bettors will only use one or two bet types and still crush the books. They prefer to keep things simple and work with what works for them. We suggest you do the same.
Let’s say you decide to bet $100 on the Packers to win by more 7 points and the final score is Packers 30, Seahawks 21. The Packers have won by 9 points, meaning they’ve covered the spread, and you’ve won the bet. The -110 means that your $100 bet will win you a total of $190. That total includes your original bet amount, so your total profit is $90.