The moneyline and point spread have their own advantages and disadvantages. That said, in this system, due to the set spread and the differing qualities of teams, sportsbooks return to something more like moneyline odds. The underdog is spotted 1.5 goals or runs. In both, the favorite is always favored by 1.5 runs or goals. Instead of calling it a point spread, it is referred to as a run line in baseball and puck line in hockey. However, sports like hockey and baseball have a different system. Spreads can vary widely in these sports (and keep games interesting) due to the high volume of points in most games. However, point spreads can differ.įor example, football betting and basketball betting are great for point spreads. For the Broncos to cover the spread, they need to win by more than 10 points, while the Texans spread means they would need to lose by fewer than 10 points or win outright.Īre moneylines and spreads used for all sports?īecause there’s almost always going to be a contest winner and a contest loser, moneylines can be used for pretty much every sport. Since there are no half-points in real sports, a spread with a half-point necessitates an eventual winner.įor this NFL point spread, the Denver Broncos are 10-point favorites over the Houston Texans. Sportsbooks don’t like those, because when bets land on the exact number the sportsbook set, the bettors get their money back. When a team is favored by something like 4.5 points, that eliminates any chance of a push (or tie). Meanwhile, the underdog would need to lose by fewer than five points or win outright to cover the spread.Ī popular question when it comes to point spreads concerns the notion of half-points. Instead of changing teams’ odds as they do with the moneyline, oddsmakers set the point spread by spotting the lesser team a certain number of points as a way to even the playing field.įor example, if the oddsmakers deem a certain team to be five points better than the other, the favored team would need to win by more than five points to cover the spread. Then, a $100 bet on the Cowboys would mean a $275 profit.Ī point spread is the most popular way to bet on sports. This means you would need to bet $330 on the Bengals to return a $100 profit. It shows the Dallas Cowboys as +275 moneyline underdogs and the Cincinnati Bengals as -330 favorites. If you pick the winner correctly, you win the moneyline bet.īelow is an example of an NFL moneyline. Unlike the point spread, the moneyline works the same way in the major sports like football, basketball, and baseball. #Moneyline odds plusWhen the moneyline odds show a plus sign, that usually signifies the underdog, while a minus sign shows the favorite. You will receive a higher dollar amount with a winning bet on an underdog than you would with a winning bet on the favorite. Some perform better than others, which is where odds factor into moneyline bets. Betting on the moneyline is picking which team will win a particular matchup.īut these bets aren’t typically 50-50 situations. Honestly, it’s possible you’ve already placed moneyline bets in your life and not known the term. What is a moneyline bet?Ī moneyline bet is the simplest of all bet types. You can bet them both before and during games. These are two of the most common bet types for betting on one team against another. Whether you have experience sports betting or are just starting out, as Texas gets ready to go live with regulated sports gambling, it is important to know how sports betting odds work and the ins and outs of moneyline and point spread betting.
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