Sports Betting 101 - Money Line Bets
Money Line Bets are when you bet a team to win straight up regardless of the spread. These bets often use odds to adjust the action on each game. For example, if Los Angeles is favored to win over Denver, the money line could look like this:
Los Angeles -150
In the example above, a bettor would have to wager $150 to win $100 on Los Angeles (the favorite). The return for risking $150 would be $250 if LA wins. Because Denver (the underdog) is plus money in this example, a bettor risking $100 on Denver to win, would win $120 if Denver wins. The return for risking $100 on Denver would be $220 if they win.
Betting the money line is common across all sports, and the line is adjusted based on the amount of money wagered on each side.
If the teams are considered about even, the line could look like this:
San Antonio -110
Each bet (similar to spread bets) would require risking $110 to win $100.
The money line also reflects big favorites, like this:
In this case, one would have to wager $5,000 on Houston to win $100, and a person wagering $100 on Atlanta could win $4,500.
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