The Moneyline Explained: How to Read Moneyline Odds

The Moneyline Explained: How to Read Moneyline Odds

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A team with fractional odds of 9/2 means the bettor wins $9 for every $2 stake. For a bettor to know the final payout in a betting line, it’s important to multiply the stake by the odd decimal number. For example, a bettor can know the total payout after a bookmaker sets a betting line for a team to 1.83. If the individual places a $100 wager, the outcome will yield 100 x 1.8, which equals $180. The line from the bookie in the match against the teams gets even in the contest. Hence, both teams have equal chances of winning due to the imposed handicaps.

On a come-out roll, a Don’t bet loses on a 7 or 11 and wins on the 2, 3, or 12. Once a point is established, the Don’t bet wins if a 7 is rolled before the point is rolled again. This may sound like it would be a better wager, but the payouts are reduced to ensure the house maintains its edge.

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The game will have fewer points than a typical match, influencing the over/under betting line. Similar to weather, other factors like injuries also cause a change in the pre-set betting line due to unforeseen possibilities. Before placing a bet, it’s imperative to understand the betting line meaning, the working mechanism and how to read them. It will help you comprehend the different types of odds, how to read them, and other imperative details. The handicap from a betting line sets the necessary values for betting on the sport.

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Sports Betting Lines Explained

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Moneyline wagering is a relatively easy concept to understand once you get the hang of it. In this case, the team with the number farther from zero should be regarded as the favorite (eg. -120 would be the favorite over -105). Generally, this amount refers to the point spread in a game and means the underdog team must not lose by five points or more. If you predict the match will be close, backing the ‘overs’ goal total could be profitable with the extra time added. A wager that there will be over or under 215.5 points scored in the match, with equal returns for either outcome (an $11 stake will return $10.01 in total). Reverting to the Mayweather vs McGregor example gives us a prime perspective on value.

If you bet on over, you are predicting that the Mavs and the Suns will combine for at least 217 points during the game. A bet on under is a prediction that Dallas and Phoenix will combine for no more than 216 points. Join the Linebet Casino loyalty program and earn cashback based on your level. The more you play, the higher your level and the bigger your cashback. There are 8 levels of loyalty on Linebet, the higher your level, the more you get cashback and other features.

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Live streaming of sports events is a very useful feature for those players who prefer to bet live. Live betting odds change all the time and it is a good idea for players to be aware of what is happening on the field of play. NFL money line bets are less popular than spread betting, yet still a standard option. It can be fun to root for a team to win the game rather than cover a spread. In addition, a significant underdog in the NFL can garner a considerable profit in the event of an outright win. Of course, teams and players can vary significantly in their ability level, and lopsided matchups often happen where one team/player is far more likely to win than the other.

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A team’s recent form, injuries, and betting trends also are factored into a line. The end goal of the line is to make both betting options as close to a 50/50 proposition as possible. This is why the odds for line bets are typically around $1.90 to $2 in Australia.

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Like in some tournament soccer, the score at the end of regulation decides a three-way money line bet before overtime and shootouts. In money line betting, the money line refers to the odds the sportsbook sets on both sides of the matchup between players or teams. The favorite is the side that is more likely to win, and has odds considered “minus money” – you will see a minus symbol (-) before the odds to win. On the other hand, the underdog is the side that is deemed less likely to win. The underdog will have odds at “plus money” and you will see a plus symbol (+) before their odds. You can bet on the Linebet through the website or Linebet app apk on over 30 sports.

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