How to wager on Money Line:
Money line wagering
is different from point spread wagering
in that all you have to do is pick
the winner.
However, it is not as
easy as it sounds. Money lines are
usually available on all sports that
have a point spread.
Say the Giants are playing
the Cowboys and the Giants are -3.
You think the Giants will win but
maybe only by 2 points. In the case
you might want to bet on the money
line.
This
is how the money line
would be displayed visually:
( the way you will see
it on your computer screen
when placing a bet ) :
| |
|
|
Moneyline |
| 501 |
Giants |
-3 |
-155 |
| 502 |
Cowboys |
+3 |
+135 |
|
Again, as in point
spread wagering, the favorite is indicated
by a minus (-) sign.
The money line
is based on a $100 wager. So if you
wanted to bet the Giants on the money
line you would have to "lay"
$155 to win a $100. However, if you
wanted to bet the Cowboys on the money
line for every $100 you put up, you
would get $135 in return… if
the Cowboys won the Game outright.
. This
is a quick summary of
the differences between
point spread and money
line wagering.
. If
you bet on the favorite
using the point spread,
the favorite has to
win by more points than
in the spread.
. If
you bet on the underdog
using the point spread,
the underdog can lose
by a point less than
the spread for you to
win.
. If
you bet on the favorite
in a money line, you
risk more money, but
the favorite just needs
to win.
. If
you bet on the underdog
in a money line, you
risk less to win more,
but the underdog must
win outright.