Money line betting guide: What it is, how to bet and more – CBS Sports

Money line betting guide: What it is, how to bet and more CBS Sports
Money line bets are one of the most popular forms of sports betting, so here A money line is the most basic type of sports wager there is: You are betting on whether a team or player will win a game, match or event. Besides team sports like soccer, where a draw is possible, money line bets usually have only two options. A favorite on the money line will have its odds listed with a "-" sign before it, while an underdog will typically have a "+ " sign, though some games will have both teams with minus odds. When oddsmakers are determining a game's odds, the closer both numbers are to 100, the closer they expect the matchup to be.
If a team has minus odds, the number listed is the amount of money you'd need to wager in order to win a $100 profit. For instance, if a team is a -125 favorite, you'd need to wager $125 to win $100. If a team has plus odds, then the number listed is how much you'd win with a $100 bet. For example, if a team is +150 on the money line and you bet $100, you'd win $150 in addition to getting your stake back. Minus odds indicate a favorite while plus odds indicate an underdog. The money
Source & Attribution
This One Place News story was acquired from news.google.com. OPN retains the source link and provenance for newsroom review.
Filed Under
Sports
