Betting On Moneyline Football

4/4/2022

Money Line Definition
Betting On Moneyline Football
How To Bet Moneyline
Betting On Moneyline Football Odds

Everyone makes moneyline bets without even knowing it. Even non-gamblers make moneyline bets. Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due. It’s really that simple.

There’s no point spread with a moneyline bet. Bettors are just picking the winning side. While placing a wager is simple, trying to understand how the moneyline pays might be a bit complicated. Both sides of each moneyline wager are paid on a different schedule and that could make this kind of bet confusing.

The favorite team or player on the moneyline is the team that’s expected to win. This side of the bet usually listed with a minus (-) sign. The underdog team or player on the moneyline is the team that’s expected to lose. This side of the moneyline is usually listed with a plus (+) sign. These signs signify how either side of the wager will pay. The minus side will pay less than original wager while the plus side will pay more than the original wager.

Example of a moneyline wager

If we take the example of football, NFL moneyline point spread odds are often set at 1.91, but of course, the pricing can vary from one provider to another. This gives the house the edge. By setting a money line spread, it ensures the provider sees a small amount of money come back to them over time. What is a moneyline bet? Betting the moneyline for a football game is simply betting on which team you think is going to win. There is no point spread involved. Whichever team you select has to win outright for a wager to be.

Low scoring sports like baseball, soccer, and hockey are usually bet on using a moneyline. But they are also popular in football. The best way to explain how moneyline bets are paid is with an actual example. Let’s use this past Super Bowl between the Tampa Bay Buccaneers and Kansas City Chiefs as an example.

A moneyline wager allows the bettor to put a bet on which team or athlete will win a contest, straight up. The moneyline underdog will always pay out at better odds than the favorite. One of the best ways to visualize how the moneyline works is to put a $100 wager in between those two values: -200 $100 +170 If you wanted to make a $100 profit by betting the Saints at -200, you would.

Las Vegas Sports Betting provide live NCAA Football Moneyline Odds located below, those lines are constantly updated throughout the day. Need a Sportsbook to place your Moneyline NCAA College Football Bet.

Money Line Definition

The easiest way to understand moneyline wagers is by using a $100 bet. Using the above example, the moneyline on the underdog Buccaneers was +136. At +136 odds, a $100 wager would pay $136 in profit if the Buccaneers won the game (for a total payout of $236). Bettors often like picking underdogs because they are usually “plus” money. This side of the moneyline bet pays out more money per unit than a wager on the favorite.

In this example, the moneyline on the favorite Chiefs was -156. At -156 odds, a bettor would need to wager $156 to win $100. Since the favorite is considered the team with the better chance to win, a winning wager will usually pay out less than the original amount wagered.

Looking deeper into moneyline wagers

The two sides of each moneyline wager are essentially the opposite of each other. When wagering on the favorite it’s easiest to work from the dollar amount that will return a win of $100. When wagering on an underdog it’s easiest to understand how the moneyline pays based on how much a $100 wager will pay.

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.