Money Line Bet Definition
- Money Line Bet Definition Psychology
- Money Line Bet Definition Stock
- 3 Way Moneyline
- Money Line Bet Basketball Meaning
While not as popular as betting against the point spread in sports gambling, betting the “over/under” isn’t that far behind. Sometimes you may see this as O/U, over-under, over under or simply referred to as “the over” or “the under.”
What does over under mean in betting?
A moneyline is a type of straight wager where the bettor wagers simply on who will win the contest, straight up – without any spread involved. The easiest way to think of moneyline betting odds is that you are only betting on who wins the game. It does not matter how many points or goals they win by, all that matters is who wins. What Is a Moneyline Bet? A moneyline bet simply involves you picking one of two teams to win the game. No catch, no angle, just the right answer or the wrong answer. Each team/person in a matchup for a moneyline betting option is given a separate numerical value for bettors to. What is a Moneyline Bet? A moneyline wager is a straight bet on the winner of a game. There are no point spreads attached or any other factors to consider. The sole concern is which side will win the contest. Both sides of each moneyline wager are paid on a different schedule and that could make this kind of bet confusing. The favorite team or player on the moneyline is the team that’s expected to win. This side of the bet usually listed with a minus (-) sign.
Money Line Bet Definition Psychology
Simply stated, it is the total of the points scored by both teams. While all sports employ an over/under betting option, by far the most money wagered on this bet is in football and basketball. Sports like baseball and hockey offer over/under options, but the vast majority of bets on those sports in based on the established “money line” to pick a winner at a set price.
Unlike a point spread bet in which you are aligning yourself with one team, you’re betting on both teams – either their offenses or the defenses – when betting the over/under. Sports books set over/under scores on games based upon numerous factors.
In the NFL, most over/under scores are set in the low-to-mid 40s.In college football, over/under scores are usually in the high-40 to low 50s – in the Big 12, the land that defense forgot, it can hit the 60s.In the NBA, a typical over/under tends to hover in the 210 range. In college basketball, a standard over/under is between 140 and 155.The hidden factors that come into play in determining a point spread vary by sport, but have common themes. Recent team history is a primary factor that sports books like to exploit. Sports by their nature are a reflective business based on developing trends from previous games (“getting on a roll”) and, if a football team has scored 40-plus points in three straight games, the over/under is going to be higher because sports bettors tend to believe that trends are going to continue. It’s human nature…until they don’t.
Money Line Bet Definition Stock
If a critical player – a quarterback in football or a dominant scorer in basketball – is out or playing injured, the over/under will drop.
Other factors critical in setting the over/under number include weather (where applicable), an undefinable history between teams (you know Steelers-Ravens games are going to be physical bloodbaths) and injuries that may not jump out to casual fans that mean a lot sports books are all factors that go into creating and setting an over/under line that will draw an even number of fans to both sides of the number.
3 Way Moneyline
The key to betting the over/under is to look at a slate of games without knowing what the over/under is and set what you believe it should be based on your knowledge of those two teams. The ones that differ the most from what you think should be are the ones to place your bets on.
One final note that has been a mantra of those who bet the over/under with some consistency – every game is under until it goes over.
Money Line Bet Basketball Meaning
If you’re new to sports betting, start with picking and choosing games you’re convinced should go under and get an understanding of how late-game fireworks can botch your plans.