how does the moneyline sports bet work

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I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people max bet on penny slots about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

How does the moneyline sports bet work exacta wheel betting calculator money

How does the moneyline sports bet work

Second, you need to understand that the payouts are going to vary quite a bit. The bigger the favorite the more you will have to risk to earn back your initial wager. If a team is The key thing to keep in mind is that the payouts are constant regardless of how much you bet. That means you have to risk 2. You just take 2. For underdogs you are focusing on the return based off your wager. This means you would get 4. It gets even harder when you get to the bigger favorites.

Upsets are going to happen and one loss could cripple your bankroll. For example, say the Patriots are hosting the Raiders. However, it will cost you a pretty penny for a small return on your investment. Say, the Patriots are a point home favorite, that would have them listed at roughly on the moneyline. So the odds reflect that. The odds are even against the spread, but a bet on the favorites means handing nearly a TD to the other team. While betting against the spread is the top way to bet football and basketball, all sports, including those two, offer moneyline bets.

Shopping for better odds at the top sportsbooks featured at Bookies. The numbers may not be too different, but it can add up over the course of a season. The same goes for finding underdogs. Needless to say, that also totals up if done consistently. On the surface, handicapping moneyline picks sounds easier than handicapping point spread picks. But this is where value comes into play. It may seem daunting at first, but experience will evaporate much of the anxiety.

Repetition, evaluation and fine-tuning of the process — adding or subtracting stats and trends to your methodology — will make you better the longer you do it. Like anything worth doing, hard work can pay off. Point spreads even the odds by adding or subtracting points to a side to make each side a proposition.

Moneyline betting is all about choosing the victor, plain and simple. Odds need to be considered in determining which side is worth playing, but that presents opportunity to take a favorite and increase the likelihood of winning, or an underdog and the prospect of a bigger payout. Moneyline odds are available for every major sport and are a great way to get into the sports betting action.

Fractions and decimals are commonly used outside of North America for odds. Most sportsbook have toggle options to change how odds are displayed. You can always use our betting odds calculator to calculate payouts and convert odds. Moneyline parlays are single bets that include picking the winners of two or more games for higher odds.

Using parlays on moneylines can be a great way to improve the payout on picking favorites. Check out our parlay calculator so you know exactly how much each parlay is worth. Bet must be placed using real money in combination with the Odds Boost Token. Offer applies to Sport bets only. Customers have 60 days after registration to use the Odds Boost token. Customers who deposit using Neteller, Paysafe, Skrill or Skril 1-Tap will not be eligible for any free bet offer. New Customers. If first settled bet loses, free bet credited within 24 hours of bet settlement, use within 7 days, Stake not returned.

Paypal not accepted. New customers only. Min odds 1. Free bet min odds 1. Full terms apply. Qualifying bets must be placed at odds of 2. Paid as a bonus token with min odds reg. New depositing players on STSbet. Qualifying bet: min. Deposit method restrictions. Bonus valid for 7 days. We use cookies to improve our service and to enhance your user experience. For more information, or to change your cookie settings, please click Privacy Policy. Bookies Guides Moneyline Betting.

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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. 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 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.

The two sides of each moneyline wager are essentially the opposite of each other. 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. As seen above, lines and odds may be different at various sportsbooks so consider this just an example of point spread line and a moneyline. Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results.

The payout for a parlay is greater than an individual wager on each player or game. A three-way moneyline pays out for either fighter on a winning bet just like the two-way moneyline, but because the draw is listed as a betting option, only wagers placed on the draw will return winnings if the draw happens. So, if Mayweather and McGregor fought to a draw, wagers placed on either fighter to win the fight would be lost. If either fighter wins, bets placed on the draw lose the bet.

Favorites have a negative number next to them, underdogs are labeled with a positive number. For example, these were the College Football Playoff odds for the championship game:. One strategy is to break down the game before knowing the lines. Not all favorites are the same, either. Backing huge favorites may seem like a sound strategy, but all it takes is one loss to crash your bankroll. Losing a bet on a favorite posted at means you need to win two other even bets to get back to even.

Backing huge underdogs rarely pays off, too. Moderate underdogs, however, pay off. The difference between moneyline and point spread bettting is straightforward: moneyline bets involve choosing a winner but with varying odds for each side, a spread bet involves choosing the team that wins with the advantage or disadvantage of laying or getting points. For a point spread bet, the sportsbook sets the spread that brings the odds to each side at to try to get each side bet equally.

The vigorish, or juice, provides a built-in house edge that guarantees the book comes out ahead regardless of winner. Moneyline odds are based on the assumption most bettors will back the favorite. The underdog line is set to cover any losses if the favorite falls.

The online sportsbook NFL odds may look like this:. Regarding the moneyline, the sportsbooks know more money will be wagered on the Patriots as the sizeable favorite. So the odds reflect that. The odds are even against the spread, but a bet on the favorites means handing nearly a TD to the other team. While betting against the spread is the top way to bet football and basketball, all sports, including those two, offer moneyline bets. Shopping for better odds at the top sportsbooks featured at Bookies.

The numbers may not be too different, but it can add up over the course of a season. The same goes for finding underdogs. Needless to say, that also totals up if done consistently. On the surface, handicapping moneyline picks sounds easier than handicapping point spread picks.

But this is where value comes into play. It may seem daunting at first, but experience will evaporate much of the anxiety. Repetition, evaluation and fine-tuning of the process — adding or subtracting stats and trends to your methodology — will make you better the longer you do it. Like anything worth doing, hard work can pay off.

Point spreads even the odds by adding or subtracting points to a side to make each side a proposition. Moneyline betting is all about choosing the victor, plain and simple. Odds need to be considered in determining which side is worth playing, but that presents opportunity to take a favorite and increase the likelihood of winning, or an underdog and the prospect of a bigger payout. Moneyline odds are available for every major sport and are a great way to get into the sports betting action.

Fractions and decimals are commonly used outside of North America for odds. Most sportsbook have toggle options to change how odds are displayed. You can always use our betting odds calculator to calculate payouts and convert odds. Moneyline parlays are single bets that include picking the winners of two or more games for higher odds. Using parlays on moneylines can be a great way to improve the payout on picking favorites. Check out our parlay calculator so you know exactly how much each parlay is worth.

Bet must be placed using real money in combination with the Odds Boost Token. Offer applies to Sport bets only. Customers have 60 days after registration to use the Odds Boost token. Customers who deposit using Neteller, Paysafe, Skrill or Skril 1-Tap will not be eligible for any free bet offer.

New Customers. If first settled bet loses, free bet credited within 24 hours of bet settlement, use within 7 days, Stake not returned. Paypal not accepted. New customers only.

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For example, if you bet on the Over 2. If the game ends, , then you lose your bet on Over 2. If the game ends with three goals or more, you would win both your bets. Another example is if you bet on Under 2. Half of your bet is placed on Under 2.

Check out DraftKings now to bet soccer leagues all over the world. Sports Betting. Best Books. Dan McGuire. Download App. Action's Preferred Sportsbook. Bet Now. Top Offers. Bet Over in Lakers-Nuggets. Follow Us On Social. Sportsbook Reviews. Sports Betting Calculators. How to Bet On Sports. This is universal across all sportsbooks for American odds. Conversely, betting on the Patriots is less risky, which means it comes with less reward.

At Odds Shark, we primarily use American odds because the majority of betting sites use them, especially when displaying moneyline odds. The amount you bet is completely up to you but this method makes it easier to track, especially for recreational sports bettors, because bankroll management is essential for long-term success.

When betting on moneylines, not every matchup will have a clear favorite or underdog. In fact, oddsmakers may think the game is so close to call that their moneyline odds will be nearly the same. When evenly matched teams square off, it can be close to a toss-up in terms of which side will win. There is almost always an edge to be found. This can also be the case for soccer. Here is an example of moneyline odds for the lower-scoring games:. Before placing any moneyline bets, an experienced sports bettor will do extensive research into the game.

Once a matchup is announced in football, basketball or any sport, sportsbooks will release betting odds for the matchup for the moneyline. The prevailing theory in sports is that teams typically perform better at home than they do on the road. This data may not be the decisive factor when placing your moneyline bet but it certainly needs to be taken into consideration.

Researching a specific matchup and how it could potentially impact the game requires a lot of experience and study but for new bettors, it could be as simple as looking at offense vs defense. In MLB, how a team fares against left-handed pitching can be crucial. No team goes undefeated except for the Patriots and Dolphins.

How else are you supposed to predict the future without knowing your history? Regardless of payout, the main goal for ANY moneyline bet is to win. Making the correct call is the bottom line, so your choices should revolve around which side you think has the greater chance to win. In this matchup, the Bucks are the favorite. Not all underdogs are created equal.

Just like your mama said, you better shop around, especially for moneyline odds.