• Moneyline Spread Converter
• Correlation Between Moneyline And Spread

Mar 29, 2020 Although they are two separate options, moneylines are closely tied to the point spread odds. A favorite listed at -1 (-110) ATS will have its moneyline set at around -120 while the underdog would. Feb 07, 2021 Super Bowl 2021: Day-of spread, odds, over/under and moneyline. Share this article share tweet text email link Charles Curtis. February 7, 2021 11:49 am. It’s Super Bowl Sunday (woohoo!), and it. Jul 13, 2017 Compared to point spreads, moneyline betting is a lot simpler – all that must be considered is which team will be more likely to win the game. On the other hand, when it comes to point spreads, a lot more factors must be considered.

• Point Spread: Commonly called the line or spread, it is the number chosen by Las Vegas and overseas oddsmakers that they feel will get an equal number of people to wager on the underdog as on the favorite. The negative value (-10.5) means the team is favored by 10.5 points. The positive value (+10.5) indicates an underdog of 10.5 points. In this instance, the favored team must win by at least 11 points to cover the spread. The underdog team can lose by 10 points and still cover the spread.

• Total: Known as the over/under, common wisdom says it is how many points oddsmakers feel will be scored in an NBA game by both teams combined. If you wagered under 197.5, you want the combined score of both teams to less than 197 (example 100-96).

• Money Line: Commonly used as a baseball and hockey wagering tool, basketball moneylines are popular for picking underdogs. There is no point spread linked to the moneyline. So the team you bet on only has to win the game, not win by a certain number of points. The negative value indicates the favorite, just like a point spread (-170) and the positive value means an underdog (+150). If you picture the number 100 sitting in the middle of these two values, moneylines are easier to comprehend.

• Futures: Betting on a future event (such as which team will win the NBA title) is called future betting. Oddsmakers will update future odds during the year, shortening the odds for good teams on hot streaks and lengthening odds for slumping teams with injury problems. Example: the NBA top team could be +170 to win the championship. This translates to a $100 wager paying out a $170 profit if that team wins. A lousy team might be +2000, making a $100 wager pay out a whopping $2,000 as a longshot.

There are many types of bets, but the most common are: moneyline bets, spread bets, total bets, parlays, teasers and futures. In the beginning we will explain how to read betting lines and then we will deal with different types of bets.

Betting line

Moneyline Spread Converter

Betting line usually shows current odds or moneyline, point spread (handicap) and total for a particular event. For example we can have a line like this:

Correlation Between Moneyline And Spread

Sportsbooks can stuff a lot of numbers in a betting line and sometimes even don't indicate what they mean. When you learn what all these numbers mean you won't be confused any more.

The -170 and +150 are money lines which are used in moneyline bets.

The -6 and +6 are the point spread which are used in a spread bet.

The over 44 and under 44 are the total points which are used in the total bet.

The minus sign (-) always indicates the favorite. The plus sign (+) always indicates the underdog.

Moneyline betting

Money line bets are on the winner of the event. In the example the -170 for the Patriots means that you have to risk $170 to win $100. The moneyline on the Bengals is +150 which means that a $100 bet on the Bengals would win $150, if the Bengals win the game. Of course when you bet $100 on the money line bet and win $150, you will receive $250 on payout.

Spread betting or point spread betting

Spread bet is a bet on score difference between two opponents. In the example above the Patriots are favored to win by 6 points and that is marked with -6 next to their name. So you can make two spread bets: 1) that the Patriots will win by 7 or more points or 2) that the Bengals will lose by 5 or less points. If the Patriots win by exactly 6 points, then the spread bets would be a push and the initial stakes would be paid back to the bettors. Usually with a spread bet the bettor stakes $110 to win $100.

Total bet

These are bets on the number of points scored in the game by both teams combined, including points scored in the overtime. In the example above the bettor bets whether the total points between the Bengals and the Patriots will be over or under 44. Like in the spread betting the odds are -110, that means risk $110 to win $100.

Parlay

The parlay is a bet on multiple sports events in which all teams must win or cover for the bettor to win and yield huge payout. If just one game doesn't win you lose the entire bet. If one or more games end push then these games are ignored. If you win all other games you get paid according to the games you won.

Teaser bet

A teaser is a special type of parlay in which the point spread on each game moves a particular number of points in the player's favor. Price of moving the point spread are lower odds.

Futures

Futures are bets on future events. At the beginning of the season, the bookmakers give odds for teams who will win the championship. Futures are really difficult type of bet just for wise guys.