![]() So we covered the Super Bowl 54, which was expected to be a close game at the end. The Chiefs ultimately won the Super Bowl, so their moneyline bettors left the NFL season happy with a decent payout. You already know the Chiefs will have a smaller payout than the 49ers, but by how much? Here are the calculations. If you bet $100 on the underdog 49ers at +110, you will wind up with $110. If you bet $130 on the favored Chiefs at -130, you will end up with $100. To make this easier to calculate in your head, you can think of it this way. You can tell sportsbooks anticipated a close game due to both numbers being very close to 100 either way. As small underdogs, the 49ers entered the game with a +110 moneyline. Let’s take the biggest game of last season: Super Bowl 54 between the Kansas City Chiefs and the San Francisco 49ers.Īccording to the WestGate SuperBook in Las Vegas, the Chiefs came into the game as slight favorites and a -130 listing on the moneyline. How to bet the moneyline in NFL Example 1 Now that you have the basics, let’s dive in to some real-life examples. On the flip side, if you start betting multiple underdogs on the moneyline and are successful, the little amount you put on the line could turn into a big-time payday. Keep in mind if just one team loses, you lose the bet. ![]() If you are extremely confident in two or more moneyline outcomes, combine them into your wager and cash your ticket with a higher payout if all outcomes go your way. One sports betting strategy some bettors go with is parlaying moneyline plays. Some bettors will bet the underdog on the moneyline as well as picking the team to cover the spread in an effort to protect themselves in case one bet hits and not the other. Or, if you see a slight underdog you feel has a decent shot at not only covering the spread but winning, put some action on the moneyline to increase your payout. Is there a big and unexpected outcome you think could shock the sports world? Bet the underdog on the moneyline, win big and brag to your friends. On the other hand, if you decide to bet the underdog, you have a chance to win a lot by betting a little, which makes for a thrilling bet placement. Is it worth the risk of financial loss when the payout would be so low? That’s the balancing act sports bettors face when considering picking the favorite straight up in a moneyline play. It would be boring if the favorites always won. ![]() It seems like a sure thing a particular team will win, but upsets happen. Put simply, you’re betting a lot to win a little if you decide to go with this strategy. Just pick a winner and I get paid? Why not bet every favorite, get rich and quit my job? If you’re new to the growing sports industry, you’re probably thinking this sports betting thing is pretty easy. These numbers will likely fluctuate a bit leading up to the start of the event. Usually the team listed with a negative number is the favorite, while the underdog will likely have a positive number. On the left side, it will typically show the point spread of the game, while the over/under point total resides on the far right. Where can you find the moneyline at the sportsbook or online? In most sports, three major categories are listed for you to place a wager on. It’s a little more complicated than that, but not much. That’s moneyline betting, at its simplest form - picking an outright winner without the point spread involved is moneyline betting. Loser has to offer up cash, buy lunch or humiliate themselves in some fashion. (If this scenario doesn’t lead to a wager of some sort, you need to find more entertaining people to surround yourself with.) You decide to offer up a bet on the winner of the matchup. It just so happens that team plays your team this weekend. ![]() ![]() Think of it as the traditional bets you would make with your buddies whether you’re debating team supremacy from the bar, in the office or in the group chat.įor example, an overconfident peer claims their squad is the best in the land. Your job in moneyline betting is to pick the winner of the game, match, race or event. In most sports, one team wins and one team loses. Moneyline bettors don’t care about how many points that games are won by or how many total points are scored. Whether you’re new to gambling or a seasoned bettor, you’ve likely already placed a moneyline bet at some point in your life. Moneyline betting is the simplest form of betting on sports. ![]()
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