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The moneyline is one of the most popular betting strategies. It’s also one of the easiest to learn. Worrying about point spreads or other complicated betting concepts is no longer necessary. You just need to pick the winner, and you’re good to go. The only thing that matters is if you see the team you bet on win or lose.
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A spread bet gives you the chance to pick the Chiefs at -110 odds at a chance of winning more money if they win by at least 14.
However, because these kinds of bets are so simple and easy to understand, they usually come with lower odds than other betting types. This is because you need to risk more money to win a given amount. Let’s take a look at an example.
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Suppose you want to bet on the New York Yankees in a game against the Boston Red Sox. The moneyline odds work something like this:
A spread bet is very popular because the odds for a favorite are much better than winning the game outright. For example, the Kansas City Chiefs might be -13.5 point favorites. The moneyline for that game is probably around -800. You’d have to bet $800 to win $100.
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The NFL is the most popular sport in betting circles around the United States. Football has two common types of betting lines: the point spread and the moneyline. The point spread is used to even out the playing field between two unevenly matched teams. Let’s say the Cleveland Browns are playing the Buffalo Bills.
We talked a little bit about how to read moneyline odds above. These odds are also available in NFL games. You might see the Chiefs at -225 vs the Texans. A $225 bet would win you $100. If the odds are -300 and you wanted to win $100, $300 is how much you’d need to bet.
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Common American betting odds for a point spread are -110. These odds mean you have to bet $110 to win $100. Also, a common term you might see is ATS which is talking about betting against the spread.
The is also an extremely popular sport to bet on. If you are looking at getting into NBA betting it’s important you know how to read the odds correctly and what the American odds indicate. Let’s say the Golden State Warriors are playing the Cleveland Cavaliers. The Warriors are favored to win by 7.5 points.
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The moneyline works the same way as it does in football. So the odds would look something like this:
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A positive decimal number means you will win the same amount of money you bet, plus your original stake. So if you wager $10 on a team with decimal odds of 2.0, your bet earns $20 total (your $10 bet plus $10 in winnings).
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This means that if you decided to bet on the Warriors to win straight up, you need to bet $350 for a payout of $100. On the flip side, if you bet on the Cavaliers, you must bet $100 to win $290. Another example might be you see the Detroit Pistons at +200 odds to win vs the Lakers. Betting $100 on the Pistons will win you $200.
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are the second most popular type of line in betting and are used in moneyline and fractional formats. These types of odds are always written as one number with a decimal and can be either positive or negative.
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Major League Baseball is growing in the betting market and you will see betting lines work similarly to the NFL. The numbers are obviously much smaller for spreads or totals. In baseball, the spread is called the run line. The run line for all baseball games is always -1.5 and +1.5.
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This leads many people to bet moneylines in baseball. On top of this, it is more common to see an underdog win a game in baseball than in football. They have a better shot of winning than in other sports.
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For example, fractional betting odds of 3/1 would mean that you would receive $3 in winnings for every $1 you stake.