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One of the most popular ways to bet on sports is the moneyline. This common betting option is used by new, recreational and experienced bettors and it’s one of the simplest ways to make a sports bet because you’re wagering only on which team will win or lose. Odds Shark’s Moneyline Betting Guide will explain the wide variety of moneyline bets that can be made, why and how sportsbooks display the odds and how the moneyline differs from other betting options like point spreads or totals.
When a bettor places a wager on the moneyline, they simply pick a side to win. This is different from spread betting, which uses a handicap to theoretically level the odds on both sides. All the bettor’s selection must do is win and the moneyline wager pays out.
The betting companies make money by adding their vig to the real line. So instead of the decimal odds being 2.0 for either side, they would instead be 1.90 for either side. This ensures that betting companies make money no matter the result. Importance of Odds Compilers to Sports Betting Companies’ Profits
A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds . A Money Line better doesn't have to worry about a team winning or losing by a certain number of points.
In the sports betting scene, freebies come in the form of free bets or money to bet on a specific game. As mentioned, the betting industry is jam-packed with bonuses. However, you need to choose quality bonuses to get the best bang for your buck.
Simply put, a moneyline tells you how much you have to wager in order to make a profit of $100. Consider a hypothetical baseball game between the Chicago Cubs and the Los Angeles Dodgers. When looking at the moneyline for the game, a bettor will see something like this: Chicago Cubs +120. Los Angeles Dodgers -130.
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