Register here: http://gg.gg/p4i73
Understanding Sports Odds
A Money Line better doesn’t have to worry about a team winning or losing by a certain number of points. Oddsmakers still determine a favorite and an underdog by the overall strength of the competitor, but the odds given are based on the amount of money that needs to be put up in order to place the bet. Example: The bettor will receive odds that. What Does Money Line Mean In Betting. What Does Money Line Mean In Betting. Money line (Money Lines) Assigned odds on the outcome of a game with no regards to a point spread. The odds for a favorite are lower than the odds for an underdog, enticing players to bet on the weaker teams. A money line like +100 or -100 indicates even odds: bet $100 to win $100. Some sportsbooks differentiate even odds by listing the 100 without a positive or negative symbol, but a money line of 100 is that same as +100.
NCAA Football Betting Terms
Action: A bet of any kind.
ATS: Abbreviation for Above the Spread
Back-door Cover: This term refers to meaningless points scored late in the game by the underdog team to cover the spread.
Book: A sportsbook or a betting establishment that offers odds and accepts wagers.
Bookie: A person (or establishment) that takes bets on the outcome of sporting events.
Cover: If you beat the spread by the required number of points, you’ve ‘covered’ the spread.
Edge: This is the advantage in any wager.
Favorite: This is the team that is expected to win.
Front-door Cover: This is the opposite of Back-door cover. It is used in reference to the favored team scoring meaningless points late in the game to cover the spread.
Futures bet: This refers to placing a bet on any future event in the season. For example, putting down a bet early in the football season for who will win a bowl game.
Handicapper: This is a person who studies and rates sporting events.
Handicapping: This is when someone tries to predict the outcome of any given game.
Home field advantage: The edge a team is supposed to have when they play on their home field. Since the home field is a familiar turf and in front of the home crowd, teams are expected to perform better than they would if they were travelling thus giving them an edge.
Hook: This is a half point added to football odds.
Line: This is the odds, points, money line, or point spread offered on football games.
Linemaker: This is someone that sets the odds, points, money lines, or point spreads for football games.
Lock: This term is used to refer to an easy win.
Longshot: This is a term used to refer to an extreme underdog.
Moneyline: This refers to the amount of money a player must wager in order to win $100, or the amount of money a player wins if they put $100 on the underdog.
Oddsmaker: This is another term for the Linemaker. It is the person who sets the odds, moneyline, or point spread for football games.
Over/Under Bets: This refers to a bet on whether the combined total of the points scored by both teams will be more or less than a set number.
Overlay: This is a term to refer to odds that are higher than they should be. These odds favor the bettor not the house.
Parlay: This is a wager on two or more teams or outcomes where the selections must win in order for the bettor to win.
Past performance: This refers to any given team’s results in past seasons. This is particularly important when betting on NCAA football.
Player: This is a term that refers to any person that puts down a bet on any given sports event.
Point Spread: This is a number of points given to the underdog by the Linemaker in order to handicap the favorite. It can also be thought of in terms of the scoring differential between the two teams. The point spread is used to even the playing field.
Proposition Bet or Props: This is a bet placed on a specific aspect of the game, such as who will score first or how long the longest touch down pass will be.
Soft line: This refers to a line that has been adjusted because of the result of an action. It is not the true posted line.
Underdog: This is a term that refers to the team that is expected to lose.
Underlay: This is a term that refers to odds that lower than they should be. These odds favor the house and not the bettor.
Money lines (also called American Odds) are one of the most common ways to bet on sports. They do not use a point spread, and are straight-up bets on who will win the game or event.
To properly explain how to bet the money line, the first thing to understand is the difference between a negative and positive money line. Both money lines use $100 as the basis point for calculating payouts, but they’re calculated differently.How to Calculate Money Line Payouts
A negative money line is indicated with a ‘-‘ in front of a number, like -230. The number represents the amount of money that would need to be wagered in order to win $100 in profit. So, a -230 money line would require a wager of $230 to win $100 more, for a total payout of $330 ($230 wager + $100 profit). Of course a $230 bet is not required, it’s just the basis for calculating the payout. With odds of -230, a $23 bet would return $10 in profit, or a $2.30 bet would return $1 in profit.
A positive money line is indicated with a ‘+’ in front of a number. In this case, the number represents the amount that would be won from a $100 wager. So, a +170 money line means that a $100 wager would return $170 in profit, for a total payout of $270 ($100 wager + $170 profit = $270). A bet of $10 would result in a $17 profit, and a total payout of $27 ($10 wager + $17 profit = $27).More About Negative Lines
Generally a negative money line represents the favored team in a match. There are exceptions to this and we’ll discuss that later. For now, think negative money line = favorite.
In most two-team games like football, baseball or soccer, one team will have a negative money line, and the opponent will have a positive money line. The team with a negative money line is the favorite, and the team with the positive money line is the underdog.
Example:
*New England Patriots +140
*Indianapolis Colts -160
In this case, the Colts are the favorite. It would take a bet of $16 to win $10 in profit, for a total payout of $26 ($16 wagered + $10 profit = $26). For the Patriots, as the underdog, it would only take a bet of $10 to win $14 in profit, for a total payout of $24 ($10 wager + $14 profit = $24).
Since the favored team is considered more likely to win, and because no handicap is being used, it takes a larger wager to win a smaller profit on them.More About Positive LinesWhats Money Line Mean
In a 2-team game where one team has a positive money line, they are always the underdog. Since they’re underdogs, it requires a smaller wager to win a larger profit.
Example:
*Pittsburgh Penguins +130
*New York Rangers -150
In this case, a bet of $10 on the Penguins would result in a $13 profit if they win, for a total payout of $23 ($10 wager + $13 profit = $23). For the Rangers, it would take a bet of $15 to win $10 in profit, for a $25 total payout ($15 wager + $10 profit = $25).Games Where Both Teams Are Negative
In games like baseball or football, it’s not uncommon to see both teams represented with a negative money line. When this happens, it means the teams are very closely matched.
For Example:
*New York Yankees -113
*Boston Red Sox -107
In the scenario above, the game is considered very close, with a slight edge towards the Yankees. It would require a bet of $113 to win $100 on the Yankees, or $107 bet to win $100 on the Red Sox.Sports With Multiple Teams or Competitors
Of course there are sports with multiple competitors in a single event, like horse racing, Olympic events, and golf. This is also the case in futures bets, where the handicapper is choosing between multiple teams to win a seasonal champion.
In this case, there will generally be one favorite, indicated with a negative money line, and the rest of the field will have positive money lines. Sometimes, when there are no clear favorites, there may not be a single competitor with a negative money line. In this case, the competitor with the lowest positive money line is favored.
Example:
Tiger Woods +600Phil Mickelson +850Martin Kaymer +1300Lee Westwood +1600Steve Stricker +2300
In this case, Tiger Woods is the favorite, but he has a positive money line. A bet of $10 on him would result in a $60 profit if he wins. A bet of $10 on Steve Stricker would result in a $230 profit if he were to win.Converting Moneyline Odds to Fractional Odds
We all learned how to do fractions in elementary school, and once you understand money line odds, the conversions are simple.How to Convert Positive Money Lines to Fractional Odds
To convert a positive money line into fractional odds, divide the number in the money line by 100.
Examples:
*+250 Money Line: 250/100 = 2.5/1 (5/2) Fractional Odds
*+400 Money Line: 400/100 = 4/1 Fractional Odds
*+650 Money Line: 650/100 = 6.5/1 (13/2) Fractional OddsHow to Convert Negative Lines to Fractional OddsWhat Does A 200 Money Line Meaning
To convert negative money lines to fractional odds, divide the number in the money line by 100. Put that number on the right side of a fraction which begins with ‘1/’. Some numbers on the right side of the fraction will have a decimal in them. Since decimals are not used in fractional odds, they are removed by multiplying both numbers in the fraction by 2.
Examples:
*-200 Money Line: 200/100 = 2. Put the 2 on the right side of a fraction beginning with 1/, resulting in fractional odds of 1/2.
*-350 Money Line: 350/100 = 3.5. Put the 3.5 on the right side of a fraction beginning with 1/, resulting in fractional odds of 1/3.5. Multiply both numbers in the fraction by 2 to remove the decimal = 2/7 fractional odds.
*-650 Money Line: 650/100 = 6.5. Put the 6.5 on the right side of a fraction beginning with 1/, resulting in fractional odds of 1/6.5. Multiply both numbers in the fraction by 2 to remove the decimal = 2/13 fractional odds.Converting to Decimal Odds
Positive money lines show the profit that would be won from a $100 bet, not including the original wager. Negative money lines show the wager required to win $100 in profit. Neither of these reflect the total payout. This is different in decimal odds.
Using decimal odds, a handicapper can easily calculate their entire payout. For example, a team with decimal odds of 3.0 would be multiplied by the wager amount to calculate the entire payout. A $20 bet with 3.0 decimal odds would pay out a total of $60 ($20 x 3.0 = $60).
The calculation to convert a positive money line to decimal odds is different from the calculation of a negative money line to decimal odds. Here’s how they convert:How to Convert a Positive Money Line to Decimal Odds
To convert a positive money line to decimal odds, divide the money line by 100, then add 1.
Examples:
*+200 / 100 = 2 + 1 = 3.0 Decimal Odds
*+350 /100 = 3.5 +1 = 4.5 Decimal Odds
*+625 / 100 = 6.25 +1 = 7.25 Decimal OddsNegative Lines to Decimal Odds
To convert a negative money line to decimal odds, start with the number 100 and divide it by the number in the money line, then add 1.
Examples:
*-200 Money Line: 100 / 200 = .5 +1 = 1.5 Decimal Odds
*-350 Money Line: 100 / 350 = .286 +1 = 1.286 (1.29) Decimal Odds
*-625 Money Line: 100 / 625 = .16 +1 = 1.16 Decimal OddsPros & Cons of Money Line Bets
When compared to a point spread, for the underdog, the benefit of a money line bet is the increased odds a handicapper receives. For the favorite, the benefit is that no handicap is given to the underdog, making it more likely their bets will win.
For the underdog, the negative is that they don’t receive a handicap, making it more difficult to win these bets. For the favorite, the negative is that the punter receives lower odds than they do when they’re giving up points on the spread.
Comparing the money line to the run line in baseball or puck line in hockey, the benefit ‘can’ be slightly reduced juice (vig, or commission). For example, many online sportsbooks charge a 5% vig on baseball or hockey money line bets. However, it’s harder to find reduced juice on run lines and puck lines, where punters normally pay 10% vig. Over the course of a season and a lot of bets, 5% can be the difference of being a winning or losing handicapper.
Money lines are the most popular way to bet on MLB baseball and NHL hockey, so the lines can move dramatically from the time they’re posted to the time they close. If you know how to watch lines move and predict where they’re going, money lines can offer a lot of value. For example, when betting on big underdogs in baseball, the best money line odds can often be found as soon as the lines open – before other bettors see the same value you do and bring the odds down. For big favorites, it’s often best to wait until 1-2 hours before game time. For big games with a lot of action, sharp bettors often place big wagers just before a game, which can also create optimal betting opportunities.
For casual bettors, money line bets are easier to make. There is no point spread to mull over, and all that matters is that you choose the winner.
Register here: http://gg.gg/p4i73

https://diarynote-jp.indered.space

コメント

最新の日記 一覧

<<  2025年7月  >>
293012345
6789101112
13141516171819
20212223242526
272829303112

お気に入り日記の更新

テーマ別日記一覧

まだテーマがありません

この日記について

日記内を検索