However, if the line was instead +320/-400, it would suggest the favorite is a much better team than the dog.
For example, if the split is -135/+115 as it is for the Rams and Seahawks game in the above screenshot, it indicates the two teams are somewhat evenly matched.
#MONEYLINE EXPLAINED PLUS#
In the American odds format, the plus sign denotes the underdog and the minus sign the favorite.īigger numbers represent a larger disparity between the two teams, and smaller numbers indicate more parity in the matchup. In the image above, each moneyline market features a team with “+” odds and a team with “-“ odds. US sportsbooks use American odds by default, so bettors need to understand how they work as a beginning point. If a sport exists, then there’s a good chance bettors can place moneyline wagers on it. In basketball and football, this line will refer to the total points in the game, in ice hockey it will refer to total goals and in baseball, total runs.Sports compatible with moneyline bets include football, basketball, baseball, hockey, boxing, MMA, tennis, soccer, and many more.
Customers are offered a line which the sportsbook considers to be the median outcome and they are invited to predict whether the result of the game will be above or below that number. This bet is as obvious as the name implies.
Note that in baseball and ice hockey, the advantage is always set at 1.5 runs/goals because of the lower scoring nature of these sports. As a result, the odds for both favorite and underdog generally tend towards parity if the line is considered to be accurate. The attraction of a bet on the spread is that it has the effect of turning even the most one-sided game into a competitive one. In the example below, where Chicago is a 3 point favorite, stakes would be returned to all bettors in this market were the result to end Green Bay 17-20 Chicago, for example. Note that by using a half-point in the spread, the sportsbook has ensured on this occasion that there cannot be a tie on the handicap. If you do, Cleveland has to win by 6 points or more for your bet to be successful. So, if you bet on Tennessee with a 5.5 point head start, if they win the match or lose by less than 5.5 points, your bet will be successful.Įqually, you may feel that Cleveland will overcome that 5.5 point disadvantage. In NFL this will come in the form of points, in baseball it will be runs and in ice hockey it will be goals.Ĭleveland is considered to be superior to Tennessee, so in order to level the playing field, Tennessee is given a notional 5.5 points head start by the sportsbook. Whatever you choose to call it, the bet acknowledges and caters for the difference in ability between teams by giving the perceived underdog an advantage a head start if you like. Hence while it is known as the spread in NFL and NBA, NHL bettors will know this as the ‘ puck line’, while baseball bettors will be used to seeing it called the ‘ run line’. This type of bet is known by a number of different terms, depending on the sport with which it is associated. It is always worth checking the terms and conditions of your sportsbook to determine their rules in such an event. In sports where a tie is possible, moneyline stakes are refunded if that game ends in a tie. Bettors of Chicago would need to stake $170 to win $100, whereas those who think Green Bay will win the game will win $150 should they bet $100.
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