- Espn Pro Football Odds Line
- How Do You Bet The Line In Football
- How To Bet The Money Line In Football
- Nfl Football Odds To Win
Everyone makes moneyline bets without even knowing it. Even non-gamblers make moneyline bets. Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due. It’s really that simple.
There’s no point spread with a moneyline bet. Bettors are just picking the winning side. While placing a wager is simple, trying to understand how the moneyline pays might be a bit complicated. Both sides of each moneyline wager are paid on a different schedule and that could make this kind of bet confusing.
New England has a money line price of -200 while Denver has a money line price of -150. Bet separately, a bettor would have to put up $200 to win $100 on New England and $150 to win $100 on Denver, but combining the two teams in a money line (aka ML) parlay would have those odds. Based on the line above and which team you decide to bet on, the Panthers must win by five or more points in order for those with a Panthers (-4.5) ticket to be declared a winner.
The favorite team or player on the moneyline is the team that’s expected to win. This side of the bet usually listed with a minus (-) sign. The underdog team or player on the moneyline is the team that’s expected to lose. This side of the moneyline is usually listed with a plus (+) sign. These signs signify how either side of the wager will pay. The minus side will pay less than original wager while the plus side will pay more than the original wager.
Example of a moneyline wager
Low scoring sports like baseball, soccer, and hockey are usually bet on using a moneyline. But they are also popular in football. The best way to explain how moneyline bets are paid is with an actual example. Let’s use this past Super Bowl between the Tampa Bay Buccaneers and Kansas City Chiefs as an example.
Espn Pro Football Odds Line
- The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an.
- If you want to bet on the favorite, bet early before the line moves. If you are interested in the underdog, consider waiting for an improved price. Consider using line movement to hedge your bets.
- To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The payout, unless stated otherwise, is figured at odds of 10/11. This means that a wager of $11 would win $10 and return $21. This is called a straight bet.
The easiest way to understand moneyline wagers is by using a $100 bet. Using the above example, the moneyline on the underdog Buccaneers was +136. At +136 odds, a $100 wager would pay $136 in profit if the Buccaneers won the game (for a total payout of $236). Bettors often like picking underdogs because they are usually “plus” money. This side of the moneyline bet pays out more money per unit than a wager on the favorite.
In this example, the moneyline on the favorite Chiefs was -156. At -156 odds, a bettor would need to wager $156 to win $100. Since the favorite is considered the team with the better chance to win, a winning wager will usually pay out less than the original amount wagered.
Looking deeper into moneyline wagers
The two sides of each moneyline wager are essentially the opposite of each other. When wagering on the favorite it’s easiest to work from the dollar amount that will return a win of $100. When wagering on an underdog it’s easiest to understand how the moneyline pays based on how much a $100 wager will pay.
Understanding how a moneyline wager pays isn’t simple but it’s not very complicated. That said, it might take running through a few examples before fully grasping the payouts. Moneylines for football and basketball games are often tied to the point spread. When a game has a large point spread it usually has a large moneyline. Both are separate bets but are shown together in a sports wagering app screen and in a brick and mortar sportsbook.
As seen above, lines and odds may be different at various sportsbooks so consider this just an example of point spread line and a moneyline.
Moneyline parlays
Moneyline parlays are growing in popularity. A parlay is a single wager that is comprised of multiple results. The payout for a parlay is greater than an individual wager on each player or game. Underdog moneyline parlays are becoming popular because the payouts can be very large. Moneyline parlays are becoming popular because of the perceived ease of choosing multiple favorites to win. Choosing one winner is difficult and multiple winners at the same time is even more difficult.
Are you new to sportsbetting and would like to improve your football betting tips? You’re in theright place. In this guide, you’ll gather relevant information to improve yourfootball wagering on online betting platforms like Betway sports betting and help you profit from it. Please read the guide in itsentirety for it to work well for you.
Understand the Basics
How Do You Bet The Line In Football
Before you startbetting on football, it would be best to understand the basics. Many beginnersoverlook the basics, but they are essential for your success. It would help ifyou learned the things involved with placing bets on football.
Apart fromunderstanding the basics of football betting, you must know some basics offootball also. Find out the leagues that exist and the teams in each one ofthem. Learn about the key players and team performances in the currentseason.
Learn the Different Types of Football Bets
You must understand theunique types of bets you can place on football. Although you’ll not use all ofthem, it is important to understand the basics of each. In football betting,two types of bets are most common. They are:
- Point Spreads – a point spreadis a handicap that you use to come up with a 50/50 betting plan. Here, the bookmaker offers a point spreadfor the competing teams in the match. For instance, one team could have -2.5while the other has a +2.5. The team with the -2.5 will have 2.5 points subtractedfrom their final score. For you to win a wager on them, they must win by overthree points.
- Totals – on these bets, abookmaker like Betway offers an expected total for the point both teams willscore. As a punter, you’ll decide whetherto bet on the under or over. If you select over, you win if the combined scoreis higher than set by the bookmakers and vice-versa.
Other types of footballbets you should know include:
- Moneylines – Moneyline bets aresimple. The odds depend on each team’s relative probability of winning.
- Props– with prop bets, youwager on the results in a game that is not necessarily the final result. Forinstance, you can wager on the first team to score.
- Futures – in the futuresbet, you place a bet on how teams or players will perform throughout theseason, for example, wagering on a team to win the league.
- Parlays – With parlays, you canbet on multiple football games. The payouts are usually attractive, but all theteams must win. The risk in parlays is much higher.
Know Where You Can Place Football Bets
After learning thebasics of football and football betting types, it is time to place the bets.The big question is – where can you place football bets? You have severaloptions, but you should select the one that is available in your region.
- Casino Sportsbooks – Several casinosusually have a sportsbook which features gigantic screens showing live games.They also have digital odds boards showing all the current odds. You can eitherbet on the counter with a human cashier or on interactive machines.
- Bookmaking Shops– These are similar tosportsbooks, but they are not in casinos. They also have several screensshowing matches with counters where you can place your bets.
- Telephone Betting – Many bookmakersoffer telephone betting options. You’ll call the bookmaker and let them knowyour bets and confirm the odds then give your Credit Card Details to pay.
- Online Sports Betting – This isarguably the best way to place football bets. It is very convenient andavailable too. There are several online sports betting sites like Betway thatyou can join and start placing your bets.
Have a Dedicated Budget
How To Bet The Money Line In Football
Having a budget andfollowing it strictly is essential in your gambling endeavors. Set aside somemoney that is exclusively for football betting and plan how you’ll use it.Decide the percentage of the available funds you’ll use for each bet. Never usemoney meant for other essential things in your home or workplace.
Bottom Line
Nfl Football Odds To Win
When starting, havesimple objectives like having fun as you learn then revise them as you becomemore experienced. Don’t rush into chasing profits before you understand howfootball betting works. Have a betting strategy that will guide you. You canalso join betting communities online to learn from the experiences of otherpunters.