3/19/2023 0 Comments Moneyline vs spread![]() You would then be able to bet on Baltimore to cover the point spread, and the Ravens would have to win by 9 or more points in order to do so. If we stick with the example used above, you might find that Baltimore is the 8.5-point favorite in the spread. Spread betting sees sportsbook operators level the playing field by giving the supposedly stronger team a handicap. The home team is often the favorite in NFL and college football, but that is not always the case, with copyright and all rights reserved. The substantially larger potential on Cleveland tells you that it is the clear underdog. A $20 bet on Baltimore would therefore earn you a $5.48 profit if successful, whereas a $20 bet on Cleveland would earn you a $61 profit if successful. You would make a $305 profit if you bet $100 on Cleveland on the moneyline and the Browns went on to win the game. You would need to bet $365 to make a $100 profit by betting on Baltimore on the moneyline. If the sportsbook odds compilers think that Baltimore is a significantly stronger team, they might make Baltimore the -365 favorite, and Cleveland the +305 underdog. Let’s say that Cleveland is scheduled to take on Baltimore in an NFL game. They will then assign a set of moneyline odds to each team. The odds compilers at sports betting sites will weigh up the relative strengths and weaknesses of each team, factoring in injuries, fatigue, recent results, head-to-heads and so on. What is a Moneyline Bet?Ī moneyline bet is a straightforward wager on which team will win a particular game. You can use this tool in conjunction with our up-to-date MLB odds, College football odds, NHL odds, NFL odds, NBA odds or NCAA Basketball odds to ensure that you gain maximum betting value. In soccer, this is typically displayed in what is called a three-way line.This page allows you to find out the fair moneyline odds you should receive based on the point spread a sportsbook is offering. Sports like soccer and formerly hockey frequently have ties. That’s one of the upsides of betting moneyline. Standard point spread bets won’t offer odds like that. Anyone who put down money on Oral Roberts on the moneyline would have won nine times their bet. For example, in the 2021 NCAA Men’s Basketball Tournament, No. However, betting on underdogs on the moneyline can have big payouts. The risk/reward for betting on Alabama -10000 against Duke may not entice many bettors. So if you find a spread is -7 and the moneyline on the same team is only -300, there might be value there. For example, an NFL team favored by seven points is typically somewhere around -350 on the moneyline. Hockey, soccer, and baseball won’t often see spreads of more than one or two, so moneyline bets and the wider variety of odds that come with them become more appealing.Ī more advanced technique is to see how the spread and the moneyline are correlated. The correlation between the two types of bets is true across all sports but applies most in higher-scoring sports like football and basketball. Point spreads exist as a way to create a competitive, balanced bet because almost everyone would expect Alabama to beat Duke (and they did, 42-3). In that game, Alabama was favored by 34 points. You won’t see Alabama at -10000 against Duke on the moneyline and only favored by 10 points against the spread unless someone made a big mistake at a sportsbook. There’s a clear correlation between moneyline and point spread lines. Games like these with such an obvious favorite sometimes won’t even get listed at sportsbooks. ![]() So if you bet $100 on Alabama, you’d have won a single dollar. The Crimson Tide were -10000 on the moneyline while Duke was +2000. That’s even more true for baseball, where results are less predictable on an individual game basis.Ī more extreme example is Alabama’s 2019 season opener against Duke. ![]() Most games will see closer odds between the two teams. These odds are somewhat extreme for football, given the polar opposite talent level of the teams in the standings. ![]() If someone put $100 on the Chiefs, they would win $28.57 in profit. Conversely, a bettor on the Bears would make $245 in profit if they bet $100. The -350 odds mean a bettor would have to bet $350 to win $100. In the above example, the Kansas City Chiefs are a strong favorite against the Chicago Bears. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |