We all love to bet on the spread, but sometimes the money line … Here are some of the pros that come with making moneyline bets: Here are some of the reasons you may want to ignore moneyline bets: In the debate of money line vs spread betting, there isn’t a clear answer to which is better. On the other side, positive moneylines constitute the underdog, which for us would be the Pistons. Let's stick with the NFL. "position":1, Some of the areas we focus on include: We also list a bunch of sportsbooks with great odds that you can explore if you feel the need to test your newfound gambling knowledge about spreads and moneylines. Negative moneylines indicate the favorite, in this case, the Lakers. }] Both spread bet options allow you to bet a small amount to win a fairly good return. You're just trying to pick a winner. . },{ ", Overall, spreads are usually definitively better in games where there is a clear favorite to win. The flipside, of course, is that moneyline underdogs have to win the game, while point spread underdogs have a cushion. Browns vs. Chiefs Point spread: Chiefs -9.5 Point total: 54.5 Moneyline: Browns +350, Chiefs -480 The Browns feasted on a bevy of turnovers the Steelers forked up, without giving the ball away at all in the first round. So, if this is your favorite type of bet, you are kind of limited in the sports you can bet on. You would read our example as Clemson getting 6.5 points. If you are at all familiar with sports betting, you will know that there is a stark difference between moneyline and point spread bets. First and foremost, the presentation alerts to the favorite and the underdog. The point spread, however, appeals mostly to people betting on the NFL and the NBA. "acceptedAnswer": { But with moneylines, it’s pretty black and white: you either win or you lose. Ravens vs Browns Betting Trends – Baltimore is 2-4 against the spread … If you are unsure of how to read odds, we have a dedicated guide that explains how to do such, which we recommend you have a look at. Let’s say you visit a sportsbook and see the following point spread line: In such a scenario, if you place your bet on the Packers to win, they need to win the game by at least seven points. Moneyline betting involves fewer variables, and simplicity is a good thing. What Is The Difference Between Baccarat and Mini Baccarat? Rockets Prediction: NBA Odds, Point Spread January 20, 2021 Victor Oladipo, a key piece of the James Harden trade, finished with 32 points and … However, we would not recommend doing this often as the payout usually isn’t worth it. If we plug the line and wager into an odds calculator, we see that they stand to make a profit north of $5,700. When you are deciding to bet on the underdog, it’s always important to consider both the NFL moneyline and the point spread. Pennsylvania Casino Gambling Faces Uphill Battle, Greyhound Racing is Officially Banned in Florida, 100% up to $500 + $500 at BetDsi's Casino. That's a pretty significant amount of cash and likely worth the risk if you can stomach a potential loss. Jets vs. Rams betting odds, picks, and a prediction for this Week 15 matchup. Unlike multiple betting, point spread betting involves using a median number calculated by a bookmaker, when two teams are competing against each other. whether you feel comfortable with all the research required for a spread bet). This tells you how much of a profit you'll make for every $100 you put on the line. And if that's not an issue, it can also be tough to decide which bet to place depending on the situation. Covering the spread means that a team has beaten the predicted margin stated by sportsbooks. Moneylines don’t allow for the same flexibility that spreads do. "position": 2, "name": "Home", A line will always have 0.5 difference to avoid potential draws (or “pushes”) in which the sportsbook needs to pay you back what you bet. "name": "Moneyline vs Point Spread Betting, We’ll give you the latest point spread, moneyline odds and over-under number, as well as the information you’ll need to make the smartest bet on BetMGM. However, with the moneyline option, this is only true if you bet on the underdog. For this next example, let's say you've searched through the latest NFL betting odds and see this game line: The moneyline in this instance should, above all, should appeal to anyone who believes the Patriots are going to win. The -6.5 next to the line is what indicates this. },{ }] Risking $175 just to make a profit of $100 on the Chiefs might seem like a lot for some. Jets-Seahawks Spread Pick: Take the Jets to Cover While I … Crimson Tide are 19.5-point favorites ove the Irish. "@type": "Answer", if you want to bet on a favorite and the moneyline bet has terrible odds (for example, you need to bet $500 to win $100), don’t do it). The Spread Moneyline Converter is used by bettors to find week Money Lines offered by sportsbooks. Again, this depends on the bet. Sometimes, sportsbooks get these kinds of bets wrong, and the difference between is much smaller or larger than their algorithm suggests. They are the wagers both newbies and pros use, staples that are easy to understand because they deal with the outcomes of straight events or, in some cases, future bets. (You might notice a pattern with high vs low scoring sports already). Let’s use the Packers/Bears game as an example again. { "name": "Why would you bet on negative odds? And this will help you make better future bets on which team will cover the spread. "itemListElement": [{ "item": "https://www.gambling360.com/guide/money-line-vs-point-spread-betting/" Moneylines are easy bets to make. "@type": "FAQPage", In our hypothetical game, if you think the Chiefs are going to handily beat the Patriots, it makes sense to take Kansas City at -3.5 rather than taking their moneyline. BetQL's Sloan Piva breaks down the NFL Week 14 odds and highlights his favorite spread, moneyline, and over/under picks, which include the Bengals, Steelers, Chargers, and … "@type": "Answer", They are all over the place, depending on how heavy a favorite or underdog or team or player may be at the time. "@context":"http://schema.org", "name": "Guide", The point spread is more geared toward those who wish to prioritize a stable odds return—again, moneylines usually bring back -110—and who have the utmost confidence in favorites winning games in dominant fashion. In sports where a draw is a possible result before an overtime period, it is important to make sure that you select the betting option that fits your desires. } Even championship favorites will frequently payout better than 1-to-1 because you're pitting them against the entire league, not just one team. They are simple yes or no bets. Continuing with the example line we used above, the moneyline on that same game could be: With this line, you can infer who the sportsbook favors to win the game by simply having a look at the odds. We'll give you the latest point spread, moneyline odds and over-under number, as well as the information you’ll need to make the smartest bet on BetMGM. You can get into parlay bets for moneylines and futures, but the information we've outlined here is the basis for which every moneyline investment should be made. However, moneylines tend to be preferred by bettors who focus their energies on the MLB or NHL. But like the moneyline, these numbers should clue you into the favorite and underdog. However, for the NBA and NFL, people primarily bet on games using the point spread. A few things should stand out here. Everyone has their own ideas and approaches and preferences. "position": 1, This, in turn, means that you don't need them to win if you take their spread; instead, you merely need them to lose by fewer than seven points (or outright win). "@type": "ListItem", Either the favorite wins by more points than predicted, or the underdog loses by fewer than predicted. Consider someone who's willing to lay $10,000 on the Chiefs' moneyline. It removes some of the guesswork. Like with single games, this means that for every $100 you place on them, you'll net a $450 profit should they actually win the Super Bowl. "text": "A bet with negative odds is more likely to happen, which is why some bettors may try to take a chance on such an outcome. With moneylines and spreads being the most popular types of bets at online sportsbooks, a lot of gamblers are faced with the “moneyline vs point spread” dilemma on a daily basis. There isn't enough literature that goes into detail, covering the ins and outs of everything you could possibly need to know. Who doesn't want to earn a 1.5-to-1 return? "text": "Covering the spread means that a team has beaten the predicted margin stated by sportsbooks. This especially true in cases where two really good or bad teams are playing against each other. The game tips off at 7 p.m. "text": "The answer to this question is dependent on the line and bettor. },{ Conversely, if LSU covers the spread, it means they've lost by fewer than seven points or actually taken home the W. There are a few different reasons why sports gamblers prefer moneylines to point spreads. Online Sportsbooks and betting experts will often refer to the outcomes of these wagers as "covering." Point spreads presented with a minus sign represent the favorite, and you would read this line as LSU giving 6.5 points. "@type": "Answer", Moneyline Vs Spread Betting: Which is Better? "acceptedAnswer": { Spread betting (also known as handicapping in some countries) is a very popular form of betting. NFL Spread to Moneyline Converter February 20, 2016 by Jimmy Boyd in NFL For those of you who aren’t familiar with betting the money line in the NFL it’s simple. Here are some of the advantages associated with spread bets: Here are some of the reasons some bettors choose to avoid spread bets: Moneylines are bets in which you simply pick who you think is going to win the game. },{ Unlike the moneyline, not all of your options consist of forecasting who will take this game. By doing that, though, you're also pigeonholed to a specific outcome: The Patriots have to win, otherwise, you lose. "url":"https://www.gambling360.com/guide/money-line-vs-point-spread-betting/" ", Although both of these bets are placed on the outcome of a game, one is focused simply on the end result, whereas the other measure the degree of success. "text": "Moneylines could include overtime but also not. It's simpler. Online Gambling » Guide » Moneyline Vs Point Spreads, { So if you laid $100 down on the Pistons' moneyline against the Lakers, you'd have a chance to nab a total payout of $450, for a $100 profit. Just note that 3-way moneylines don’t include overtime. "name": "Does moneyline include overtime? }, { "@type": "Question", } Both spread bet options allow you to bet a small amount to win a fairly good return. Underdogs always payout more than 1-to-1 (New England is 1.5-to-1 here) while all point-spread bets typically return -110. "position":2, { The lucrative return often associated with moneyline futures is why so many people love them. We’ll give you the latest point spread, moneyline odds and over-under number, as well as the information you’ll need to make the smartest bet on BetMGM. "@type":"ItemList", However, a $100 bet on the Seahawks would win you $435. "acceptedAnswer": { Moneyline: Bucs +145, Saints -171 Total: Over 52 points (-115), Under 52 points (-105) Despite having the most playoff wins in NFL history with 31, you might be surprised to learn Brady is just 19-20 against-the-spread (ATS) in his postseason career. The over 44 and under 44 are the total points which are used in the total bet. "text": "Again, this depends on the bet. }, Complicated still, even the most thorough betting guides only loosely touch on the differences and merits between the two. ", The final score is irrelevant as long as the right team wins. The odds available on the moneyline and spread (i.e. "name": "Home", "@type": "Question", Finding value spread bets is pretty easy. "name": "What does cover the spread mean? Betting on sports gives you a ton of options. "name": "Moneyline vs Point Spread Betting", Whereas point spreads tend to be a little bit advanced and the cost is always relatively constant. Reading point-spread lines is a little bit more difficult. By going this route, you guarantee yourself as almost a 1-to-1 return. Generally speaking, however, moneylines are most useful to those with unrivaled faith in underdogs, a taste for futures, and a knack for building lengthy parlay betting slips. Given the unpredictability of sports, this isn’t always possible. Along with over/unders, moneylines are a great place to start your adventure into. The aim is to level the playing field and allow for fair odds on both the favorite and the underdog. However, we would not recommend doing this often as the payout usually isn’t worth it." "position": 3, Whether the spread is available as spread aren’t available on every sport. But a quick glimpse on both: the moneyline is a basic way to wager on who will win a specific game. You are simply betting on who you think will win the game, which is much better easier to predict than how much a team will win a game by. The answer to this question is dependent on the line and bettor. We advise you to take the Seahawks moneyline. Then, they post the number of points they expect the favorite to win the match by. The sportsbook crunches the numbers and declares a favorite and an underdog. They have more versatility. Odds, spread and picks Alabama vs Notre Dame in the CFP semifinal at the Rose Bowl on Jan. 1st, 2021. The spread is another very popular betting line among sportsbook players. Use all of the aforementioned information we presented to you as your guide when looking to choose a bet, though. Overall, spreads are usually definitively better in games where there is a clear favorite to win." },{ You should not treat moneylines any differently when you're gambling on futures - which, for those who don't know, are bets in which you're predicting a distance outcome, usually a division, conference, or championship victory. If you're not sure whether the Patriots are going to win, but you're certain they'll keep the game close all the way through, then taking them at +3.5 will have some appeal. In sports where a draw is a possible result before an overtime period, it is important to make sure that you select the betting option that fits your desires. "acceptedAnswer": { A bet with negative odds is more likely to happen, which is why some bettors may try to take a chance on such an outcome. }] Spread: Alabama: -17.5 (-105) Florida: +17.5 (-115) Moneyline: Alabama: -1100 Florida: +675 Over/Under: O/U: 74.5 Over: -110 Under: -110 Gannett may earn revenue from audience referrals to betting services. However, moneyline bets typically offer the chance to win more than is bet, so these are often the "@type": "Question", This is why so many gamblers prefer moneyline. The point spread is more geared toward those who wish to prioritize a stable odds return—again, moneylines usually bring back -110—and who have the utmost confidence in favorites winning games in dominant fashion. They deal more in having you cover certain point differentials. } True Money Line: How to use our College Basketball Spread to Moneyline Converter The chart below plots what the true money line on a game should be based on the posted spread. 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