What is the money line in gambling on sports
Oct 11, · It was the money line bet. From a non-gambling perspective, winning a game in any sports will make a team happy. However, depending on the score, that win may not please MATMM.ME: Doc's Sports. Moneyline Betting for Lower-Scoring Sports. While you have the opportunity to bet on the moneyline in just about every sport, baseball, soccer and hockey are the two-team sports that use it as the primary betting choice. The main reason is that they tend to be much lower-scoring sports, with the teams each totaling single digits in runs or goals. Jul 08, · In the world of sports betting, a moneyline bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a moneyline bet listed as “Money Line” or “ML” in different spaces. Money lines are represented in negative and positive values. Negative moneyline: , , or anything.
Money Line Bets
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Money line bets are possibly the simplest form of sports betting. Money line bets do not use point spreads like straight bets do. Instead, your job is to pick the winning team with no concern to the score.
Since one team may be heavily favored over their opponent, odds for each team are different. It may seem confusing at first, but money line bets are very easy to understand.
Occasionally, two teams or competitors that are very evenly matched may produce two negative money lines. In this case, the Yankees are considered a very slight favorite. This is the money the sportsbook or bookie makes for taking the wager. In each case, the sportsbook made money. When that happens, they guarantee themselves a profit. Sports like auto racing, horse racing, MMA and boxing do not use points. While tennis is scored with points, results are determined by sets won, not a point total.
This means that tennis must also use money lines. Money lines are also the most popular way to bet on low scoring sports like baseball, soccer and hockey. While straight bets using a point spread are most popular for high scoring sports like football and basketball, money line bets are available as well. With money line bets, there is no point spread and your goal is to simply pick the winning team. Since one team may be heavily favored against their opponent, the money lines offer a much wider range of odds.
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