subject: Sports Betting Strategies – Understanding Money Line Bets [print this page] Most sports betting involved point spread if it is a scored game. Unlike boxing matches, point spread is not found in game. Also in racing type of sports, it is usually betting on the winner of the race. So, if it is a scored game, point spread bets are available but there is also another one common type of bet call money line bet. For example baseball games or football games usually have money line bets.
Money line is easy to understand and bet on. In short, you are just picking the winner of the game. Take for example Team A is 150 while Team B is + 130. This means the Team A is the hot favorite and B is the underdog. If you bet on Team A, you need to bet $150 to win $100 and if betting on Team B means you just need to bet $100 to win $130. In conclusion, $1 bet will win you $0.60 for Team A while profit $1.30 for Team B.
This kind of bet is simple and easy to bet on. However, the risk is high when the favorite is hot and you will need more cash to win the same $100. Yet, it also means that if you bet on the underdog and it upsets the favorite, you get an instant windfall. The only difficulty is to ensure you win every time you bet, be it on the hot favorites or underdogs.
Money lines bets are a good start for beginner bettors but do bear in mind that you need to learn the skills to pick teams before placing your bets.
Sports Betting Strategies Understanding Money Line Bets
