Money line bets are on offer on all major sports. In the NFL, baseball, the NBA and the NHL, the money line traditionally goes alongside the point spread bets – in many cases being the least popular, especially in football and basketball. In many sports there is no point spread, motor sport being a good example, so in a sport like this, the money line is the only way to bet on the outright winner. Sports with small margins of victory are also popular money line wagers – soccer being an example, where point spreads are possible, but because of the lack of goals, the money line wager is preferable (the same can apply to baseball and hockey – although puck lines and run lines are a way for the gambler to enjoy point spread betting in these).
This is four different games you can bet on, right? Wrong. These are several different handicap bets that you can make on a single game of soccer. Each of the individual rectangles is the same as the point spread bets we talked about earlier. For example, the first rectangle is betting on Liverpool at -3, getting paid 6 to 1. This means that if you take this bet you need Liverpool to win by four or more goals and you will get paid 6 to 1, or $600 for every $100 you wager.
Sports betting would be easy — or maybe just easier — if all that was required was to correctly pick the winning team. Gambling institutions, sportsbooks and bookies fall back on point spreads to make the process a little more difficult and to create the ultimate wagering challenge. You'll need a solid understanding of the point spread system if you hope to have a profitable season.
A lot of people who are new to online betting aren’t aware of prop bets, because a lot of brick-and-mortar sportsbooks just don’t have the resources to allow them. These bets are a great way for you to make some extra money off of predictions that might not have a direct outcome on the winner of the game. For example, let’s say you think that the Warriors are going to shoot lights out from the field, but you think for some reason they aren’t going to get a lot of looks and are going to lose the game. Your only option without prop bets would be to bet on the team they are playing against, but that might not be a great value bet.
It's also important to consider whether or not there's any correlation between the point spread and the betting total. If they are, a parlay wager is a good way to get maximum value. For example, a college football point spread +24.5 parlayed with under 48 points in the same game might be a great parlay bet. If the +24.5 team covers the point spread, then there's an increased chance that the game also goes under the posted total of 48.
Say the Bears are a six-point favorite over the Lions and the total is 42. To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet. If the Bears win by exactly six, both sides "push" and all bets are returned. It's also a push if the final score equals 42, otherwise the over or under will win.
This also comes into play on games that you think the line is correct. For example, let's say you think the line of Florida -7 is correct, so you elect not to bet it because there is no value. This doesn't mean you should never look at this game again. If the line happens to shift in either direction, you can make a bet that has value. If the line moves to Florida -6, you place a bet on Florida because you originally thought they would win by seven. If the line moves to Florida -8, then you place a bet on Arkansas at +8 because you originally thought Florida would win by seven and Arkansas would lose by seven. The next strategy tip is a good idea to help you be ready for these situations.
Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
Sports betting is not just about being able to pick out the winner and loser of a game. Because of the various different bet types, there is a lot of different strategies that goes into how you approach them. Point spread bets are no different. One of the biggest tips we can offer is to make sure that you fully understand what you are betting on. A great pick is only great if you actually put your money behind it correctly. Thankfully, this guide should have you fully prepared for that.
So to solve the first fraction for the Heat, we do 13 divided by 20 and get 0.65. Let’s look at our calculations for the $10 bet and the $250 bet. If we bet $10, we multiply our solved fraction of 0.65 by $10 and get $6.50. This is our correct profit! If we bet $250, we multiply our solved fraction of 0.65 by $250 and get $162.50. This is out correct profit!
This should hopefully make perfect sense to you. Successful betting, on any sport, is all about finding value, so you should always look to get the best value that you can. If a moneyline wager offers the best value on a football game, then that's the wager you should be placing. If a point spread seems the best option, then go down that route. There may even be occasions where it's viable to place both wagers on the same game.
Within the world of betting on the NBA, there are a lot more betting options available to you than just being able to pick a winner. Most people who are new to sports betting think that your only option is to pick who is going to win or else you can’t make a bet. This couldn’t be further from the truth. Thanks to online sportsbooks and innovations within the betting industry, you now have a ton of different options to choose from. These options will help you to leverage all of your predictions, whether they have a direct outcome on the winner of the game or not.
Because the Blue Jays are favored, the sportsbook needs you to risk more to bet on them. After all, they should win this game. So wagering on baseball favorites with moneylines calls for you to risk a certain number ($185 based on -185) in order to win $100. On the other side, the sportsbook is also willing to reward you for taking the underdog, so they give you an incentive to bet on the Orioles. In this case, you would risk $100 in order to win $165 (+165) on Baltimore.
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!
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.
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.)