In Betting What Does Money Line Mean

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.

What Does Money Line Mean In Betting Football
What Does Betting The Moneyline In Baseball Mean
In Betting What Does Money Line Mean Absolute
In Betting What Does Money Line Means
What Is The Moneyline Bet

You want to bet on the Green Bay Packers to defeat the Detroit Lions at home. You want to bet on the Packers on the money line, and you see some odds that say this: Green Bay Packers, -200 Now, what does the -200 mean? This means that you would have to bet. A betting line is a form of wagering whereby the bookmaker or sportsbook set gambling odds and determine the favorite and underdog teams in a match. This handicap creates a margin (line) between the two teams, where there are only two outcomes possible, and sets the. 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.

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 Lines

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 +600
Phil Mickelson +850
Martin Kaymer +1300
Lee Westwood +1600
Steve 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 Odds

How to Convert Negative Lines to Fractional Odds

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).

What Does Money Line Mean In Betting Football

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:

What Does Betting The Moneyline In Baseball Mean

+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 Odds

Negative 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 Odds

Pros & Cons of Money Line Bets

In Betting What Does Money Line Mean Absolute

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.

In Betting What Does Money Line Means

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.

What Is The Moneyline Bet

What Does Money Line Mean In Betting

(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.

(Money lines) A type of bet in which you must only pick the winner of a game straight up, not dependent on what the 'Sides' of the game are. If your team is listed at -265, you must bet $265 to win $100. On the reverse,if your team is +245, you must risk $100 to win $245.

Fixed-odds betting is a form of wagering against odds offered by a bookmaker, an individual, or on a bet exchange.

dissipated: preoccupied with the pursuit of pleasure and especially games of chance; 'led a dissipated life'; 'a betting man'; 'a card-playing son of a bitch'; 'a gambling fool'; 'sporting gents and their ladies'

The act of gambling money on the outcome of a race, game, or other unpredictable event

(bet) maintain with or as if with a bet; 'I bet she will be there!'

Olongapo City, Philippines

Hello my friends todays painting is from one of my memories of Olongapo City, Philippines .my visit to Olongapo was special in many ways.Since I was in the navy at the time it was a chance to get the hell off the ship (U.S.S Callaghan DDG-994) google it haha I was a plankowner of that ship which meant I was part of the first crew on board which was a destroyer,anyway time to write about the the most exciting town in the Orient. The stories I heard about this place before even stepping foot off the ship were amazing,lets just say I was happy to be a single guy, this was my chance to experience what had become legendary - a night in Olongapo. For the bar owners it meant money, and lots of it. And for the Filipinos employed at the various clubs it meant not only income, but often the chance to meet the right guy and, if they were so disposed, to start the move eastward. the famous line of I love you Joe no sh&t take me back to the states was a line I heard almost every night, not me but some sailors actually got married to some very beautiful Filipino women, just walking down the streets would cause women to flock outside to you grabbing your arm like your some kind of rock star, to them you were rich, which is certainly not the case as everyone knows service men and women don't make jack squat really, but to them yes your rolling in the doe,its really a sad situation looking back on it the way alot of people and especially woman have to live but at the time being a young punk with a bunch of like minded navy men out to get drunk we were in heaven,at least in the minds of a bunch of young punks,another thing I remember is before you came into town you had to go over a little river known simply as the 'Sh&t River.' only a sailor could of thought up that name , but it was fairly appropriate given that raw sewage from the town was often dumped into it. Boys in little, flimsy boats beckoned from below the bridge, telling passers-by to throw pesos or centavos into the river. When a coin did get thrown, the boys would dive into the filth and somehow retrieve the coin. The navy eventually tried to discourage this practice by putting a fence along one side of the bridge. which is a good thing because no telling how many diseases one could get from such a practice,once in town and in a bar Most of the Filipinos who worked in bars, did not consider themselves prostitutes. In many ways this was true. A bar fine worked like this: if a guy sat at a bar and got to talking to one of the girls behind the counter, he could ask her to leave the bar with him. The girl had the option of saying yes or no, though the bar owner or mama-san would often discourage refusals. Still, girls could, and did, refuse invitations by servicemen to go out on the town. This was one aspect of the barfine which distinguished it from prostitution. lucky for me Im a good looking guy and women would often want to pay me hahah sorry I guess I still have some of that navy jackass in me, just joking,any how If the girl was agreeable, however, there would be a fine. Technically, you were not paying for the girl. In fact, the money you paid to the bar was to compensate the owner of the bar for the loss of the girl's work that night. This is because most of the girls worked for little or nothing other than tips. So if you wanted to deprive the bar of what was essentially free labor, you had to at least compensate the owner for the loss. Thus the 'fine.' Granted, the girls did normally receive half of the fine. But this was merely a bonus paid by the bar to the girl for bringing it repeat business. Barfine amounts depended upon the bar. In the 1980's, barfines at the flashier places could go for as much as 500 or even 600 pesos a night - about $30 to $40 US. In the smaller bars fines averaged 400 pesos and sometimes even less. So what did a barfine get you? The only thing a patron was guaranteed was that the girl would be allowed to leave the bar with him. This came as a rude shock to some Olongapo newcomers, who assumed that the fine ensured him of a night of sex. It did not. True, the girls were highly encouraged by the bar owners to consent to sexual requests, and the girls themselves sometimes did so simply to ensure another barfine the next day, but the girls were not obligated to do anything. On most first 'dates' the best you could hope for was a kiss, unless the girl was an unabashed 'professional.' Most were not, however. Most were girls from villages or other islands who served customers drinks most of the night, but who suffered the indignity of wearing a one piece bathing suit every hour or so in order to keep their jobs. They did this in order to make a few pesos for their family, and more often than not, in order to find a nice American guy who was marriage material so that she and her family might actually have a future of some kind. These Filipinos tended

We talk about this, we talk about money...WE GOT MONEY...NIGGA haha

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