How Does Money Line Work
Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100. If the number is positive, you’re looking at the underdog, and the number refers to the amount of money you’ll win if you bet $100. If your question is about what MoneyLine Personal Finance Software does, its features or suitability click download and try it. The download is small and quick. Seeing the program in front of you answers most questions about it. General Presales Questions. Can I import data from other programs, like Quicken? Will MoneyLine work on 64 bit computers?
“Wait, why does this NFL team have a -235 next to its name? What’s with New England Patriots (-15) vs. Miami Dolphins (+15)? Help! HEEEELPPPP!”
If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding.
But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with …
Spreads
It would be really easy to bet on a game if you could put money on a heavy favorite to win.
That’s where point spreads come in. Let’s look at an example:
Philadelphia Eagles (-4.5)
New York Giants (+4.5)
In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs.
Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points.
If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is.
Moneylines
Let’s take that same example above but use moneylines:
Philadelphia Eagles (-200)
New York Giants (+150)
The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100.
The Giants are the underdogs. If they’re +150, that means you could bet $100 to win $150.
Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.
Odds
If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this:
New England Patriots — 3/1
Baltimore Ravens — 5/1
Kansas City Chiefs — 8/1
If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.
Good luck!
MLB Run Line Betting is fairly popular with MLB bettors, but is not nearly as popular as betting the MLB money line or the over/under line. Many beginner bettors may not be familiar with MLB Run Line betting or may not fully understand how it works, so below we will explain how exactly the MLB Run Line Betting option works.
First it is important to understand that with MLB Run Line Betting you will be choosing sides or teams like you do with money line betting. Run Line Betting in baseball almost mimics NFL Spread Betting exactly, which is the most popular type of football betting.
How Does Money Line Work In Baseball
The line for baseball run lines is 1.5. With a 1.5 run line you will be able to place a wager on the favored team to win by 2 runs or more, or the underdog team to lose by 1 run or to win the game.
The line would be set on the favorites at -1.5, which essentially means the team must win by 2 or more runs, or “cover” the 1.5 run line. Within the same game the underdogs would be listed at +1.5, which means that the underdog team must either lose the game by 1 run or less, or win the game outright.
Although the MLB Run Line is always set at 1.5, some betting sites allow you to bet alternative lines of 2.5 or sometimes even 3.5 runs with varied odds of course.
Moneyline
Betting Site | Bonus | Bet Now | |
---|---|---|---|
1 | up to €30 Free Bet | Go to Site | |
2 | 22Bet | 100% up to €122 | Go to Site |
3 | 100% up to €200 | Go to Site | |
4 | 10Bet | 100% up to €50 | Go to Site |
5 | 100% up to €50 | Go to Site |
MLB Run Line Example:
Chicago White Sox +1.5 (-150)
@ Minnesota Twins -1.5 (+120)
In the MLB Run Line example above, you can see that the Twins are the favorites in the game, as the run line is set at -1.5 for them. The negative (-) sign indicates that the Twins are favored, and must cover the 1.5 runs (win by 2 or more) in order for a bet on them on the run line to win. The odds listed for the Twins to win by two runs or more in our example are +120.
You will also see that the White Sox are the underdogs. The +1.5 indicates that the White Sox must either win the game outright or lose by a single run in order for a run line bet placed on them to win. The odds listed for the White Sox on the run line in our example are -150.
MLB Run Line Betting Strategy
A lot of bettors overlook the difficulty of MLB Run Line Betting. Many bettors will get in the mindset that the team they think will win the game will probably do so by at least 2 runs, leading them to bet the run line over the money line because of the higher odds. Just about 30% of MLB games end up being one run games, which is a lot higher than most people would have expected, making it very tough to predict when a team will cover the 1.5 run spread on the run line.
How Does Money Line Work In Basketball
Another thing that many casual bettors don’t take into consideration when betting the MLB Run Line is the disadvantage that the home team has. When the home team is favored they will need to win by two or more runs in order for a wager on them on the run line to win. Because the bottom of the ninth inning is not played out when the home team is winning, it leads to a lot of one run ball games finishing in the middle of the ninth inning. The home team gets one less at bat to score the extra runs that could have won you a run line wager.
Money Line Explained
One of the best strategies when betting the MLB Run Line is to try and stay away from laying the 1.5 runs on the favored team. Taking the 1.5 runs on an underdog team is a more profitable long term strategy, and many of the sharp MLB bettors will be taking the run more often than laying the run. There will be some spots where you can even get money taking the 1.5 runs. In the end it is all about finding value with MLB Run Line betting, and if you can spots to bet it you can be profitable!