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How to bet using money line

How to Bet Using Money Line: A Comprehensive Guide for US Bettors

In this guide, we will explore the concept of betting using the money line and provide you with valuable information on how to effectively wager on sports events. Whether you're a seasoned bettor or new to the world of sports betting, this guide aims to equip you with the knowledge and strategies necessary to make informed decisions and increase your chances of success.

Benefits of How to Bet Using Money Line:

  1. Simplified Betting Format:
  • The money line betting format is straightforward and easy to understand, making it ideal for beginners. This guide breaks down the concept and explains it in a simple and concise manner.
  1. Increased Flexibility:
  • By using the money line, bettors have the freedom to wager on any sport or event that offers this betting option. From popular sports like football, basketball, and baseball to niche sports like tennis and golf, the money line allows for broad betting possibilities.
  1. High Potential Returns:
  • Unlike other betting formats, the money line offers the potential for significant returns on successful wagers. This guide explores strategies and techniques to help you identify value bets that can maximize your profits.
  1. No Point Spreads to Worry About:
  • One of the
A moneyline is one of the most popular and simplest forms of sports betting in which you pick a team or player to win straight up, without a point spread involved. You are simply betting on which team will win a certain football game, for example, or which tennis player will win a particular match.

What happens if you bet $100 on a 140 money line?

Underdogs are always listed with a plus sign next to their odds, which indicates how much money you'd win on a $100 wager. For example, let's say an underdog in a baseball game is listed at +140. If you bet $100 on that team to win, you'd get back $240 if that team wins outright.


What is the moneyline on a $100 bet?

What happens if you bet $100 on a moneyline? If you bet $100 on a moneyline, you might win some money or lose your wager. If the odds for your moneyline bet were +100, you would profit $100 if the team you backed won. If they lose, you are out $100.

What does a 200 money line mean?

What Does a +200 Money Line Mean? A +200 money line would mean that if you placed a $100 bet, you would win $200. It also tells you that the team is not expected to win, as it is the underdog in the game.


Are moneyline bets straight up?

Moneyline straight bets are the easiest and most popular betting options you can make, and it's as simple as picking which team you think will win straight up.

How do you pick a money line bet?

A moneyline is one of the most popular and simplest forms of sports betting in which you pick a team or player to win straight up, without a point spread involved. You are simply betting on which team will win a certain football game, for example, or which tennis player will win a particular match.

What happens if you bet $100 on a money line?

A moneyline bet would be a bet on -150 or +180. If you bet $100 on the Eagles to win at -150, you would net a payout of $166.70. If you bet on the Giants to win at +180, the payout would be $280 because they are an underdog.

Frequently Asked Questions

Do you get your original bet back if you win?

Any odds with a minus sign (like -110) indicate that you must risk more than you'll win — a $110 bet at -110 would win $100. Any odds with a plus sign (like +150) means you'll win more than you risked — a $100 bet at +150 wins $150. If you win a bet, you'll receive the payout, plus your original wager back.

Do you get your money back if you win a free bet?

Free Bet. With a free bet, you're making a wager without any real cash attached. If you use a free bet and win, the winnings you receive back will not include the free bet amount. Instead, you'll only receive back the amount of the winnings.

How much do you win on a $100 bet with odds?

Decimal odds explained

For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.

What does negative moneyline mean?

The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.

FAQ

What does a minus 200 mean?
American odds

For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to win $100. If the odds are -110, a common number for a bet involving a spread, you would need to bet $110 to win $100. If your odds are -200, you would need to bet $200 to win $100.

How does moneyline work in betting?
A moneyline is one of the most popular and simplest forms of sports betting in which you pick a team or player to win straight up, without a point spread involved. You are simply betting on which team will win a certain football game, for example, or which tennis player will win a particular match.
Is betting moneyline bad?
Often, it can be advantageous to bet a team on the moneyline and the point spread, especially if you're betting on the underdog. If the team wins outright, you'll win both bets; if they lose outright but cover the spread, you'll walk away a small winner (or small loser) while still taking a shot on an outright win.
What is the ML line in betting?
A moneyline bet – also written as “moneyline” or “ML” – is placed on an outcome of one event. In most cases, there are only two outcomes: Team (or Player) A wins or Team (or Player) B wins. In sports with occasional or frequent ties, including soccer betting, a tie (or draw) is also offered.

How to bet using money line

What is a negative money line? The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.
Is it better to bet moneyline or spread? While a point spread requires the team you bet on to win by a specified margin, moneyline does not. However, point spread bets typically have odds somewhat close to even money, meaning you would win about as much as you bet if you won. Moneyline bets have a wide range of odds.
How do I place a money line bet? A moneyline is one of the most popular and simplest forms of sports betting in which you pick a team or player to win straight up, without a point spread involved. You are simply betting on which team will win a certain football game, for example, or which tennis player will win a particular match.
What is an example of a moneyline bet? If, for example, a football game had a money line of Team A (+150) and Team B (-170), then the bettor immediately knows a couple of things: Team B is expected to win, and a bet on it will also pay out less, because it is favored.
  • Is it smart to bet the moneyline?
    • Definitely. Spreads and moneylines and totals are all fluid. They will adjust based on the bets people are placing (“action”), especially bettors that a bookmaker knows to be “sharper” (well informed). Winning long-term is as much about getting the best price and good value, as it is being on the right side.
  • How does the moneyline work in NFL?
    • Money line bets are bets placed on a game's conclusion. The term “money line” represents the payouts for winning the bet, with a negative integer for the underdog and a positive one for the favorite.
  • Is the moneyline a good bet?
    • Money line bets can be a great option, and their popularity reflects that. They can be more appealing than betting on spreads when you are picking a favorite because it doesn't matter how much that team wins by. And they can pay out a lot more than a spread bet if you feel good about an underdog winning outright.