Handicapping

Whether you are waiting for MLB odds or you are an NHL fan that likes to lay a little on a game every once in a while, you may still be a little unsure of how moneylines work when it comes to sports betting online. Here is a brief introduction to how moneylines work.

You will find moneylines involved in Superbowl odds, but you’ll probably see more players using the point spread when wagering on football. Moneylines are used mostly in baseball and hockey, and it’s really quite simple as to how they work. You have two sides, the favorite (as shown by a positive sign) and the underdog (as shown by a negative sign). For example, you could have the New York Yankees favored at -150, while the Boston Red Sox would be +130 underdogs. If you’re going to bet on the Yankees, it would cost you $150 to win $100, but if you wager on the Red Sox, it would cost $100 to win $130.

The big difference between the moneyline and point spread is that the spread tries to bring in an equal amount on each side, but the moneyline is designed to make money for sportsbooks when the underdog wins. There are different aspects of the game that should go into your decision when you are wagering on moneylines as opposed to point spreads, so make sure that you fully understand the concept behind moneylines before you partake in some sports betting online.