But it’s not that hard to figure out. Sometimes, sportsbooks get these kinds of bets wrong, and the difference between is much smaller or larger than their algorithm suggests. The minus sign (-) always indicates the favorite. 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. },{ You're only subjective yourself to a -110 line, but you're also ensuring you aren't tethered to inflexible betting terms. Risking $175 just to make a profit of $100 on the Chiefs might seem like a lot for some. },{ 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 … Here are the latest betting lines for Buccaneers vs. Packers. "name": "What does cover the spread mean? "@type": "Question", New Orleans’ search for a win to move back to .500 was made much tougher on Monday as it was announced that Kristaps Porzingis would make his season debut for Dallas vs. the Pelicans. "@type": "ListItem", Spread betting (also known as handicapping in some countries) is a very popular form of betting. "@context":"http://schema.org", 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. Either the team covers the spread or they don’t. }, However, moneylines tend to be preferred by bettors who focus their energies on the MLB or NHL. At the same, if you think Kansas City will win but aren't quite sure whether they can do so by at least four points, the moneyline gives you the ability to wager on a straight victory rather than the terms under which it comes. 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. When it comes to betting on MLB, the moneyline is what appeals most to people. "name": "Does moneyline include overtime? "name": "Home", Moneylines are easy bets to make. Can You Play Texas Hold’em Online for Money? Point spreads offer a way around that. And if that's not an issue, it can also be tough to decide which bet to place depending on the situation. However, as a general, moneylines overall force bettors to pay more juice in situations where there is a clear favorite." 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. Everyone has their own ideas and approaches and preferences. "position": 1, "@type": "Answer", They tell you how much you need to wager in order to make a $100 profit. But a quick glimpse on both: the moneyline is a basic way to wager on who will win a specific game. And this will help you make better future bets on which team will cover the spread. On the other side, positive moneylines constitute the underdog, which for us would be the Pistons. "name": "Why would you bet on negative odds? 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. Complicated still, even the most thorough betting guides only loosely touch on the differences and merits between the two. This obviously increases the risk attached to your bet, but it's a worthwhile route to consider if you have strong inklings as they pertain to league titles. }] "@type":"ItemList", Covering the spread means that a team has beaten the predicted margin stated by sportsbooks. Let's begin with the moneyline, the most basic wager of all. The flipside, of course, is that moneyline underdogs have to win the game, while point spread underdogs have a cushion. The number located next to the 6.5 next to each team is the odds on the line. Moneyline Vs Spread Betting: Which is Better? "acceptedAnswer": { Whereas point spreads tend to be a little bit advanced and the cost is always relatively constant. Use all of the aforementioned information we presented to you as your guide when looking to choose a bet, though. 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. Contemplating the moneyline for favorites is a little bit more difficult. They can’t 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. As explained above, spreads don’t require a team to win outright for a bet to be correct. } "@type": "Answer", This tells you how much of a profit you'll make for every $100 you put on the line. "text": "Covering the spread means that a team has beaten the predicted margin stated by sportsbooks. "text": "Again, this depends on the bet. "@type": "Question", 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. The Lakers' hypothetical line means you need to gamble $250 to secure a potential payout of $350. ", They are simple yes or no bets. By going this route, you guarantee yourself as almost a 1-to-1 return. You'll find ways to wager on a future over/under if you're betting on win totals, but point spreads are strictly a single-game venture. If we plug the line and wager into an odds calculator, we see that they stand to make a profit north of $5,700. "@type": "Answer", It removes some of the guesswork. "name": "Is it better to bet spread or moneyline? Although it may seem confusing to novices, many sports bettors regard betting on a point spread the best form of gambling. 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). Overall, spreads are usually definitively better in games where there is a clear favorite to win." Along with over/unders, moneylines are a great place to start your adventure into. But with moneylines, it’s pretty black and white: you either win or you lose. Underdogs always payout more than 1-to-1 (New England is 1.5-to-1 here) while all point-spread bets typically return -110. Spread betting sometimes allows you some room to breathe, especially if you bet on the underdog. Jets vs. Rams betting odds, picks, and a prediction for this Week 15 matchup. You can parlay moneylines and spreads but not on the same game. "name": "Moneyline vs Point Spread Betting, That's the whole point. All you need a team to win or lose by a certain score, which is sometimes more attainable than an outright win. However, we would not recommend doing this often as the payout usually isn’t worth it." By doing that, though, you're also pigeonholed to a specific outcome: The Patriots have to win, otherwise, you lose. 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. You're just trying to pick a winner. That's a pretty significant amount of cash and likely worth the risk if you can stomach a potential loss. Just note that 3-way moneylines don’t include overtime." } However, if you bet on the Seattle Seahawks, all you need is for the team to lose by fewer than 7 points. If LSU wins by seven or more points, they have covered this spread. Just note that 3-way moneylines don’t include overtime. Essentially, you bet on the score difference between the two teams featured in a game. whether you feel comfortable with all the research required for a spread bet). Jets-Seahawks Spread Pick: Take the Jets to Cover While I … I’ll give up that cushion for the payoff as we’ll discuss next. The answer to this question is dependent on the line and bettor. The spread is another very popular betting line among sportsbook players. "item": "https://www.gambling360.com/guide/" The -6 and +6 are the point spread which are used in a spread bet. They are all over the place, depending on how heavy a favorite or underdog or team or player may be at the time. 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). Point spread betting differs from your over under or moneyline bets. },{ For example, you may be angry that the Cleveland Browns lost last weekend and may miss the playoffs, so you slot them to lose their next game by 20 points even though they are playing a bad team. It's simpler. The final score is irrelevant as long as the right team wins. You'll find that higher rollers especially enjoy betting moneyline favorites. Unlike the moneyline, not all of your options consist of forecasting who will take this game. { "@type": "FAQPage", 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. 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