Understanding The Moneylines and How to Read It in Online Sports Betting
When you choose Moneyline, you might see the different numbers on each team such as:
- Chicago Cubs in plus 120
- Los Angeles Dodgers in minus 130
You may see from the examples, Dodgers in this game are considered to be the favored team as stated by negative numbers. It means, you have to pay $130 if you want to make $100 of the payback once Dodgers win the game. However, if you choose to place your bet on Cubs with $100, you may make $120 if Cubs win. It means, you have to place more money for Dodgers than Chicago just for making $100 of the payout. You need to know that though Moneylines are stated in $100, it doesn’t mean that you have to place bet in that amount too.
You can start from the lowest or minimum bet in order to reduce the chance to lose while understanding and also mastering the game with Moneyline as the perfect way to gain profit. Baseball and hockey are two games with Moneylines but actually, you can find it in another betting online for sportsbook where the point spread may be so irrelevant such as tennis, soccer, boxing and auto racing.