If you want to make a wager on a game, you should know what is a money line bet. It’s different from the point spread or totals bet, in that you’re not concerned with the margin of victory. Money line bets are designated by a plus (+) or minus (-) sign next to the favorite or underdog team. If the favorite wins, your bet will win if the score is 9.5 points over the total.
The money line isn’t quite as easy to define, but it’s close. For instance, in basketball, a game can end with a tie, and the money line is usually close to that, too. For basketball, money line betting is the most popular option because basketball games are prone to extra-time results. For other sports, you can find money line bets on 3-way games, which allow you to select a winner and a loser for each side. In MMA or boxing, you can choose to bet on the winner or the underdog, but you can also pick a draw.
Money line bets are the simplest form of betting on sports. They are made on a specific outcome in a game or event, and are paid according to the odds published by the sportsbook. Because money line bets do not involve a point spread or an over/under total, they are relatively easy to win, but there are still a few factors that affect your chances of winning a money line bet.
If you want to place a wager on the moneyline, you first need to understand how moneyline numbers work. For instance, when betting on the underdog, the number next to the team name is the “cost” of winning $100. The payout scales as you increase your bet. To understand moneyline betting better, you can look at examples of moneyline bets. They’ll show you what these numbers mean.
In a moneyline bet, you are betting on a team to win without considering the margin of victory. The higher the moneyline, the more money you must risk in order to win. However, the payout is often higher if the team is a favorite. That is because if the Giants win, you’d earn $375 in profit. If the Giants win, your bet will pay out at +375, which will make the total payout $475. Similarly, when betting on a team that is favored with a high moneyline, you should also look for a low moneyline.