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Money Lines

How to wager on the money line:


Wagering the money line is different from point spread betting in that you have to pick the winner, that's it! Money lines are usually available on sports that have a point spread.

In this example, the Giants are playing the Cowboys and it's -3 for the Giants. You think the Giants will win by only by 2 points. In this case you might want to bet the money line.

This is how money lines are displayed:
(the way you will see it on your computer screen when deciding on what to bet):

      Moneyline
501       Giants       -3       -155      
502       Cowboys       +3       +135      

Again, just like point spread wagers, the favorite is indicated by a minus (-) sign.

Money line wagers are based on a $100 bets, so if you were to bet the Giants on the money line you would have to risk $155 to win $100. The flip side is if you wanted to bet the Cowboys in our example, for every $100 you wager, you would win $135 in return assuming 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.