With all that being said, there is one situation where we'd suggest the moneyline wager is usually a better option than a point spread wager. This is when you like three point underdogs in an NFL game. Only a small percentage of NFL games are decided by three points or less, so if you think a three point underdog is going to cover then you might as well bet on them to win outright. This will generally give you a much better return.
As we mentioned, moneyline/win bets take into account who the favorites and who the underdogs are and will pay out winning bets accordingly. Here’s a quick example that will make this clear. Imagine that Mike Tyson (one of the greatest boxers of all time) is going to fight against an 80-year-old man. If the sportsbook let you bet on either side of the fight and paid you the same, would that be fair?
Bookmaker's interest - In order to guarantee a profit for the house, a bookie needs to create even action on both sides of a particular game. In a perfect world the bookie would have 50 percent of the handle come in on the underdog and 50 percent on the favorite. This ensures that the sports books are guaranteed a profit because of the 10 percent commission or "vigorish" charged on most sports wagers. This is why there is "movement" on the point spread. If one side on a game is being bet more heavily, the bookie must move the number in order to attract interest on the other side in order to balance action.
82 games per year means a lot of opportunities to wager on your favorite teams and Sportsbetting.ag sees that opportunity and gives you what you want to bet on. Sometimes this means having spreads for big games a day or two in advance, especially if both teams are off the day before the big matchup. They take care of their NBA bettors... give them a shot.
Betting on the point spread is completely different from betting on teams to win a game outright. Known as "betting on the moneyline", instead of using points to handicap each side of the wager, the sportsbook will use greater payouts versus the amount risked to reflect their relative perceptions; teams not expected to win (underdogs) pay more, sometimes exponentially, than when betting on the favorite to win when wagering on moneylines.
Betting on sporting events has long been the most popular form of spread betting. Whilst most bets the casino offers to players have a built in house edge, betting on the spread offers an opportunity for the astute gambler. When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or -110. That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet. If team A is playing team B, the casino is not concerned with who wins the game; they are only concerned with taking an equal amount of money of both sides. For example, if one player takes team A and the other takes team B and each wager $110 to win $100, it doesn’t matter what team wins; the casino makes money. They take $100 of the $110 from the losing bet and pay the winner, keeping the extra $10 for themselves. This is the house edge. The goal of the casino is to set a line that encourages an equal amount of action on both sides, thereby guaranteeing a profit. This also explains how money can be made by the astute gambler. If casinos set lines to encourage an equal amount of money on both sides, it sets them based on the public perception of the team, not necessarily the real strength of the teams. Many things can affect public perception, which moves the line away from what the real line should be. This gap between the Vegas line, the real line, and differences between other sports books betting lines and spreads is where value can be found.

When you’re looking at over under bets, what you need to know is that that’s the combined score of the two teams for a game. In this case, it doesn’t matter who wins the game. All that matters is the final score. For example: let’s say that the New York Yankees are playing the Boston Red Sox and the total is 9.5. It doesn’t matter who wins the game but if the two teams combine for a total score of eight runs, say with a final score of Boston winning 5-3, then the game goes under. Or if the two teams combined for 10 runs – no matter who wins – then the game goes over. So when you’re looking at the odds and you see a total next to the moneyline or point spread, that tells you the over-under that is set for the game and you have to decide whether it will go over that set amount or under.
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.
In this guide, we’re going to teach you literally everything you’ve ever wanted to know about moneyline bets and then a whole lot more. Whether you are a beginner or a seasoned bettor, we’ve got something here for you. We’ll walk you through the basics of what a moneyline bet is, why you would want to make one, and how to interpret the different numbers, payouts, and presentation formats you’ll see.
You don’t have layers of complexity to fight through to see if your prediction is a positive expected value move (one that is going to make you money). With some simple mathematical calculations, you can figure out whether or not there is value in a bet. Even if you don’t like math and would prefer not to use it when assessing value and making your picks, it’s still much easier to “eyeball” value with moneyline bets because of the simplicity.
This is the format that terrifies people the most. We can promise you that fractions aren’t as scary as they seem if they’re explained properly. Here is the easiest way to calculate your profits and payouts with fractional odds. Solve the fraction and then multiply that number by your bet size to get your potential profit. If you can’t remember how to solve fractions, it’s ok. Don’t look at it as a “fraction” but more as a division problem. 13/20 is the same as 13 divided by 20. 29/20 is the same as 29 divided by 20.

We’ve already covered that a moneyline bet is easy to make and is the most popular type of sports bet for beginners and for professional bettors. Now let’s talk about exactly what it is. A moneyline bet is a sports betting wager on which team or person will win a game or sporting contest. Simple as that. When you make a moneyline wager, you are betting on who will win a contest. It doesn’t matter how they win, by how many points, goals, or runs they win, or how long it takes them to win. All that matters to win a moneyline bet is that the team or person you bet on is victorious.
Settlement of bets which make reference to terms such as "decisive goal" will be settled based on the scorer of the goal that at the end of the match/tie,) proves to be the one that has produced an unassailable lead, following which any further goals would prove to be irrelevant towards the final outcome. For a bet to be settled as "YES", the listed player's team must be declared the winner of that particular match or progressing to the next round or winning the competition. Goals scored in Regular Time and Extra Time count but Penalty Shoot outs do not.
In the UK and some other European countries the profit from spread betting is free from tax. The UK and some other European countries tax authorities designate financial spread betting as gambling and not investing, meaning it is free from capital gains tax and stamp tax, despite the fact that its regulated as a financial product by the Financial Conduct Authority in the UK. Most traders are also not liable for income tax unless they rely solely on their profits from financial spread betting to support themselves. The popularity of financial spread betting in the UK and some other European countries, compared to trading other speculative financial instruments such as CFDs and futures is partly due to this tax advantage. However, this also means any losses cannot be offset against future earnings for tax calculations.
Bookmakers use odds to even out the bets, getting gamblers to wager on both sides of the line by leveling the playing field. Although there is overall parity in the NFL, there are teams that are haves and others that are have-nots. Indianapolis is still superior to Cincinnati but when they play each other the bookies have to get about half of the bettors to put cash on the Bengals. This covers the sportsbooks ensuring they’ll make a decent amount of cash on just about every game.
If you are betting on a sport where there are multiple entrants, like in a race or tournament, you may find that every entrant is paying out at favorite odds. This is because it’s much more challenging to pick a winner from a large field, and the sportsbook will be rewarding you for that. Just know that when you see the plus sign, you will be getting paid better than even money for a correct pick.
In sports like football and basketball, the moneyline is considered as the secondary option next to point spreads. Points spreads are the way that most people get their action in on basketball betting and football betting because the payouts are near doubling your money and it’s a fun way to handicap the game. Betting the moneyline in those sports is less popular because you might have some big mismatches and then it becomes too challenging to have faith in the underdog winning outright or too costly to bet the favorite.
As you can see, the public seems to think that Florida is going to win this game by more than seven points. If the game started now, the sportsbook would stand to lose a lot of money if Florida did in fact win by more than seven points. They would stand to make a lot of money if Florida lost or won by less than seven points. Regardless of how the sportsbook thinks the game will go, they are not in the business of gambling. They want to guarantee profit as often as they can.
These bets are less popular as of now, but most sportsbooks are starting to offer them as they are growing in popularity. The reason for the growth is that more people are starting to understand them and see that they can help you cut down some variance and risk, while still ensuring that there is no draw. The reason for the name is that these bets are growing extremely quickly in popularity in the Asian countries and betting markets. Most online sportsbooks are starting to offer these fairly regularly now.
This is a type of betting line which lays out the amount a player must wager in order to win $100.00, or the amount the player wins on a wager of $100.00. There is no point spread or handicap in this line.  In order to win a moneyline bet, the team wagered on simply has to win the game. Payoffs are based on true odds rather than fixed odds. The amount the player lays or takes may vary from game to game.
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Armed with the knowledge of how to remove vig, it's now possible to prevent yourself from making the same mistakes that the majority of bettors make. Most bettors understand the importance of line shopping (i.e. comparing the lines and odds at different bookmakers and betting sites). However, if they fail to also understand how moneylines and vig work, then they're probably going to make wagers where they think there's positive expected value (+EV), even though there's not.
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.
Changes to the lineup for a game will have a big effect on the moneyline as well as any other bets you’re looking to place on that game. If a superstar is suddenly out, it’s going to have a big change on where the money is coming in, which will inevitably cause a big shift in the line. Sometimes the sportsbook will even adjust the line preemptively if they anticipate a large change in where the money is going to be coming in on a particular game.
What the sportsbook does to fix this is they "spot" the underdog team some points to make it fair. Obviously, these points aren't included in the actual score to determine who wins or loses the game, but they are calculated in to determine who "wins" the game in the sportsbook's eyes. If you ever played basketball as a kid against an older sibling or your dad, they would sometimes "spot" you some points to make it fairer. Let's say you were playing to 20 points, they might "spot" you 10 points to make it fairer. They would then have to score 20 points to win, but you would only have to score 10. This gives you a chance actually to win the game.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
Remember, these calculations are for your profit. Profit is different than the total money returned that you will get from the sportsbook. If you correctly bet the Falcons to win, the sportsbook will return you $340. This will be your $240 in profit as well as your $100 bet that you made. Make sure that you pay attention to this when working with these numbers because we see people get confused all the time as different sportsbooks will give you different numbers.
Futures are wagers on long term events which generally won’t have a result for many weeks or even months. The most popular type of futureswager is placed on the outright market which basically means, who will win a league’s championship? FanDuel also offer many other markets outside of the championship, usually including divisional and conference wagering. The odds on futures change as the event gets closer and more is known about the teams. Very often odds will also be updated as the tournament or league progresses.
The National Basketball Association (NBA) has always been a staple of the sports betting community. As a part of one of the big four sports, bettors have been working to develop systems to best the basketball betting industry for decades. Some have succeeded and enjoyed the spoils, while some have fallen. Our guess is that most of those who have fallen did so due to a lack of effort, a lack of information, or just no knack for the sport.
As the numbers grow larger each way – the small numbers get smaller or the positive numbers get larger – that indicates that those options are bigger and bigger favorites, or bigger underdogs. That’s particularly relevant when you’re looking at something like the odds to win the Super Bowl. The teams with smaller numbers are deemed as having a better chance of winning and then as the numbers grow larger, those teams are deemed bigger and bigger longshots.
They do this by manipulating the lines to entice action where they need it. If they have too much action coming in on one team, they will adjust the lines to pay out less for that team to deter more bets. At the same time, they will adjust the line for the other team to pay out more to entice more action on that side. This dance continues until the game starts to try and get the correct amount of money on each side of the contest.
Only bet games where you have a clear prediction on a team covering the spread. Look for lines that you think are incorrect and put your money there. The idea here is to be making intelligent picks that you actually believe will win. If you're betting every game, you're just gambling and no longer letting your skill and knowledge base shine through.

By this point, you should be feeling pretty well versed in all things NBA betting. We’ve walked you through how to use our free expert picks, where to place your bets, the strategies you need that are specific to the NBA, and the different types of bets you have at your disposal. Whether or not you become a successful NBA sports bettor now is up to you. If you study this material, do your research, and put in some hard work, you can be on the road to crushing the books in no time. We wish you the best of luck and are always here if you ever need any additional help.
It is a very good idea to shop around to find the best line when you are betting on sports. Books may offer slightly different lines, and you might be able to gain a point or half a point in your favor on certain markets. Consider an NBA game between the Heat and the Lakers – one firm has the Heat 9.5 point favorites and another have the Heat as 8.5 point favorites. You back the Heat with the second firm and they win by exactly nine points. Here you’ve gone from a loss to a win simply by shopping around, and in the long run this will make a big difference to your bottom line.

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.


Spread betting is one of the most popular forms of betting for sports enthusiasts and it involved speculating the outcome of a game or a match and trying to guess what the score will be and what he spread is between the two final scores of the game. With sports betting, spread bets allow punters to bet on if a team’s final points are higher or lower than a projected total. Many pointers rely on tips when they are spread betting. The first is that punters should always choose an even bet and make sure it is one they are comfortable with. Always take time to learn the stats and performance record for the teams involved so an education decision can be made.
Baseball, soccer, and ice hockey are mostly moneyline betting, since these sports do not have point spreads moneylines are the default way of wagering. Football and basketball do have moneylines in addition to point spreads. In recent years, football moneylines have become extremely popular among sports bettors. Moneyline betting is based on the amount bet per $100. Let’s look at look an example of a baseball moneyline:
Point spreads are determined by football 'experts' to even the playing field between two teams. Normally one team will be favored to win over another team. These 'experts' determine the number of points that one team will beat another team by. For example, Chicago is favored to beat Minnesota by 10 points. On the web site it will appear like the following:

Oddsmakers do more than pick the winners and losers of each game. They weigh myriad factors to determine which team is favored by how many points. They set an early point spread on each game, then adjust it up or down based on betting patterns. If the Dallas Cowboys are 6-point favorites over the New York Giants, they must win by seven or more points to pay off winning bets. If you wagered on the Giants, you win your bet if New York either beats Dallas outright or loses by five points or fewer.
In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.
How the point spread works - When two teams meet on the playing field or on the basketball court, one team is typically better than the other or in a more favorable position because of factors like playing at home. If all you had to do were pick the winning team in a game, everybody would simply wager on the best team or the home team in a even matchup and bypass all the lines and collect their winnings at a high rate.
Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
Identify the favorite. Lines with a - before the number (i.e. -200) indicate the favorite. A -200 should be read as: "For every $200 wagered, I win $100." When there is a negative sign, the line should always be read with relation to 100. That does not mean you have to bet that much, it's just easiest to understand! When a + sign is present, just reverse the reading, always keeping reference to 100: 

Proline will set a point spread for each game of either -0.5 / +.05, -1.0 / +1.0, or -1.5 / +1.5. If you choose -0.5 the team must win by 1 goal or more to win your wager. If you choose +0.5 your team must win or tie the game. Note that OLG Proline includes the shoot-out for point spreads so there are never any ties for the -0.5 / +0.5 spreads.  If you choose the -1.0 spread your team must win by 2 or more goals to win the bet. If they win by 1 goal exactly it is a push. If you choose the +1.0 spread your team must win the game by 1 or more goals. If they lose by 1 goal it is a push. If you choose the -1.5 spread your team must win by 2 or more goals. If you choose the +1.5 spread your team must win the game, tie, or lose by 1 goal to win the bet.
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.
Having a choice between the money line and the point spread gives the bettor more options. Consider a scenario where there is a strong favorite for a game. You might want to guarantee a smaller return by betting on the favorite to win on the money line – or you might want to almost double your money by betting on that team to not only win, but win by more than a certain margin. Conversely by backing the dog, on the money line you’ll receive a better return for your money but by backing the same team against the spread you have the insurance of still being able to win even if the team don’t.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.

The first thing you’ll notice with moneyline odds is that there is either a positive or negative sign in front of the number. What that sign denotes is how much you’ll win betting on each side. If there’s a positive sign next to the odds, that indicates the amount of money you would win if you bet $100. If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. Now if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100. For example, if a football team was -250, that means you’d have to bet $250 to win $100.
Earlier, we explained how the implied probability of -240 is 70.59% and how the implied probability of +210 is 32.36%. Notice these two probabilities total 102.95%. The extra 2.95% is the bookmaker's advantage. It's called vig, and it's basically a commission that they charge customers for placing wagers. By removing the vig, you can see what the fair odds on the game would be.
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?
Bets on "Race to X Points / Race to X Goals..." and similar offers refer to the team/participant reaching the earliest particular tally of points. If the offer lists a timeframe (or any other period restriction) it will not include any other points tallied from other parts of the event which are not related to the mentioned time frame. Should the listed score not be reached within the stipulated time frame, all bets will be declared void, unless otherwise stated.

The first part of each line tells you who you are betting on. The first line is a bet on Mike Tyson and the second line is a bet on Old Man River. Next, you’ll see a plus or a minus sign. The plus sign signifies the fighter who is an underdog, and the minus sign signifies the fighter who is the favorite. As you can see, Mike Tyson is the favorite and Old Man River is the underdog.
One of the biggest factors you will see change the moneyline odds is the news media. The news does a great job of sensationalizing stories as well as reporting changes that may or may not have an effect on an upcoming game. Recreational bettors have a tendency to overreact to news stories, especially ones that pull on the heartstrings. This can create some really awesome betting opportunities for you to jump on. Expert bettors and sportsbook executives always say that if you can be on the opposite side of the general public on a bet, you’re probably in a good spot.
Without point spread betting, placing a wager on our team to win these games would be financial suicide. Point spreads create an even playing field for sports bettors. Even if your team is supposed to lose by 20 points, you can still bet on them if you think they're going to have a better day than predicted. If you've ever wondered why someone was still cheering and going nuts at the end of a blowout, you can bet they were sweating a point spread bet.
Money line bets are particularly attractive to square bettors when they are looking at underdogs. They see a nice high positive number and think that the payoff is significant enough to be worth the risk. Unfortunately, underdogs are underdogs for a reason, and it’s usually because they aren’t very good. However, when the right opportunity presents itself, a money line bet on an underdog can grow your bankroll quicker than betting favorites would.
However, there are some good values with teaser bets if you know how and where to find them. For instance, the six-point teaser is an especially effective bet in the NFL, where most games are tightly contested and six points can make a world of difference. For instance, in our previous example, the Bears would go from laying six points to simply needing to win if you put them on a teaser bet. Conversely, Detroit backers could get 12 points instead of the starting six. (Source: Doc's Sports Service)

Let's say you decide to bet $100 on Liverpool, and they lose the game by two goals. You would push on the first half of your bet and win the second half of your bet. You would receive your $50 back for the push and $43.48 in profit on your second bet. Basically, the sportsbook would hand you back $143.48 total, which would include $50 for the push, $50 for your original bet, and $43.48 for the push.


Let's use this formula to calculate the implied probability of the Celtics winning their game against the Grizzlies. We know the odds are -240, which means we'd have to risk $240 for a total potential return of $340 (the initial stake plus the $100 winnings). So the calculation here is $240 divided by $340. This gives us an implied probability of 0.7059.
The punter usually receives all dividends and other corporate adjustments in the financing charge each night. For example, suppose Lloyds Bank goes ex-dividend with dividend of 23.5p. The bettor receives that amount. The exact amount received varies depending on the rules and policies of the spread betting company, and the taxes that are normally charged in the home tax country of the shares.
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