Money Line Definition
Definition: The money market is a segment of the financial markets where short term maturity securities are negotiated.In other words, it’s the marketplace where highly liquid financial instruments are traded. If the figure quoted is negative, the moneyline odds are quoting how much money must be wagered to win $100 (this is done if the odds are worse than even). Fractional odds of 1/4 would be quoted as −400 while fractional odds of 4/1 cannot be quoted as a negative figure. Even odds Even odds are quoted as +100 or −100. (3) does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money, but the promise or order may contain (i) an undertaking or power to give, maintain, or protect collateral to secure payment, (ii) an authorization or power to the holder to confess judgment.
Point spread betting is the most popular form of sports betting. The vast majority of sports wagers use a point spread thanks to the popularity of football and basketball. Even though this type of betting is so popular, it may take awhile to understand.
As we already explained, 'money line' is a form of bet, relating to the straight-up outcome of the game. In this aspect, money line is similar to 'point spread' or 'total'. On the other side, 'line' is the payout on the bet, i.e. How much you will win if your bet is a winner. Definition: Profit, also called net income, is the amount of earnings that exceed expenses for the period. In other words, it’s the amount of income left over after all the necessary and matched expenses are subtracted for the period.
The point spread is sometimes known as an equalizer for sportsbook operators. All teams aren’t created equally, so sportsbooks can create a point spread for a game so that each team playing has an almost even chance of winning the game. In a way, the point spread will even the field for both teams.
The point spread gives a reason for bettors to risk money on both teams. The better team playing in the game is considered favorite. They have to win by the point spread offered by the sportsbook. The favorite in a game is listed as being minus (-) the point spread.
The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.
Let’s use this past Super Bowl between the Tampa Bay Buccaneers and Kansas City Chiefs as an example.
Using this example, the Chiefs were 3-point favorites over the Buccaneers. The Chiefs needed to win by 4 or more points to cover the spread.
Likewise, the Buccaneers were 3-point underdogs. That means the Buccaneers needed to win the game outright or not lose the contest by 4 points or more. At Chiefs -3, if they won by exactly 3 points, the betting result would have been a “push” and bettors for both sides would have gotten their wagers refunded.
The Buccaneers pulled off the upset, winning by a score of 31-9, and rewarded bettors who backed them at +3.
Point spread betting odds
Point spreads are usually set with -110 odds, but pricing often fluctuates at online sportsbooks. This is the sportsbook operators’ house edge. The odds guarantee the sportsbook operator will see a little money over time. When the odds are set at -110, the bettor must wager $110 to win $100 (or $11 to win $10).
The odds on a point spread are most commonly known as the vigorish or “vig” for the sportsbook. You might hear this small profit margin for the sportsbook called the “juice” by some sports bettors.
Point spread FAQs
What does ‘pick em’ or ‘pick’ mean in NFL betting?
A “pick em” (sometimes seen as “pick”) is when the teams have a point spread of zero, meaning neither team is favored. In this instance, you’re essentially picking moneyline and your bet will be determined on the winner alone.
What does -7 and +7 mean in NFL betting?
Money Line Definition English
A spread of minus-seven (-7) means that a is favored to win the game by a touchdown (technically, a touchdown and the extra point). A team favored by -7 must win the game by eight or more points to win the bet. If the team wins by seven, the result is a “push” and the bet is refunded.
A spread of +7 means the team must win the game or lose by fewer than seven points to win the bet. A loss by seven would result in a push.
What does -3 and +3 mean in NFL betting?
A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager.
A spread of +3 means the team listed as the underdog must win the game or lose by fewer than three points to cash the bet. A three-point loss would be graded as a push by the sportsbook and the bet would be refunded.
Why are point spreads in the NFL so much lower than in college?
In 2019, the Baltimore Ravens led the NFL in point differential per game at +13.7 points; the Miami Dolphins ranked last in the NFL in point differential per game at -11.7. Even Kansas City– known for their explosive offense– had an average point differential in 2019 of just 9.7 points. The net point differential in the NFL is -14.1, or -0.9 points per game. Basically, the talent differential in the NFL is so minute that even mismatched teams often draw games within a score of each other.
NFL spreads are most commonly between one point and four, with six being a heavy favorite and extremes coming out around 15-20 point favors. (For those wondering, the 1941 Chicago Bears hold the NFL record of point differential at +15.7 points per game. Conversely, Ohio State had a +33.1 average point differential in 2019.)
Point spread and odds movement
Sportsbook operators often aim to have equal money on both sides of a point spread. When the money is exactly split the sportsbook operator will see the exact vigorish as their profit margin. If all things are equal over time this will maximize how much money the sportsbook operator can make.
In an effort to have equal money on both sides of a wager, the sportsbook operator will move the point spread to attract money on the side that customers aren’t betting on. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since the final score margin falls on these two numbers most often.
For example, if a lot more money is wagered on the New England Patriots -3, the vig may shift from -112 to -115 and -120 before the line moves to -3.5.
Money Credit Line Definition
Run and puck lines
Football and basketball games are mostly bet using a point spread. The less popular major sports, baseball and hockey, are mostly bet using a moneyline. In an effort to make baseball and hockey more appealing to point spread bettors, the sportsbook operators offer run and puck lines, respectively.
Vegas Total Money Line Definition
These alternative lines give point spread bettors a chance to wager on other sports using a more familiar method of betting. Since points (runs and goals) aren’t as easy to come by in baseball and hockey, the odds with the lines may have a wider spread than a football or basketball game.
Astros -120
In this example the Astros are favored by -120 and the Dodgers are the underdog +110. When wagering on the favorite (Astros), you have to lay $120 for every $100 you want to win. And, when wagering on the underdog (Dodgers), for every $100 wagered you would win $110. Notice that on a negative money line you must lay more to win less and on a positive money line you lay less to win more.
The money line used in this example is called a 'dime line', termed so because of the 10-cent difference between the favorite and the underdog.
Money lines are used most often in Baseball season. The typical Baseball format includes both a money line for the side and a money line for the total. If you wish to wager on the Over, you have to lay $120 for every $100 you want to win. If you wish to wager on the Under, it is an even money wager (EV) and for every $100 you lay, you win $100.
Mets -240 7 -120
Astros +220 EV
The line in the above example would read: 'Mets favorite minus two-forty, total seven, over minus one-twenty.'
On the side:
For every $240 you wager on the Mets (favorite), you will win $100.
For every $100 you wager on the Astros (underdog), you will win $220.
On the total:
For every $120 you wager on the Over, you will win $100.
For every $100 you wager on the Under, you will win $100.
get it?
used by latin moms to beat their child's ass
Latin child: OH SHIT NOT LA CHANCLA
Definition Of Money Line Sports Betting
Mar 10 trending
Money Line Definition Gambling
- 1. Watermelon Sugar
- 2. Ghetto Spread
- 3. Girls who eat carrots
- 4. sorority squat
- 5. Durk
- 6. Momala
- 7. knocking
- 8. Dog shot
- 9. sputnik
- 10. guvy
- 11. knockin'
- 12. nuke the fridge
- 13. obnoxion
- 14. Eee-o eleven
- 15. edward 40 hands
- 16. heels up
- 17. columbus
- 18. ain't got
- 19. UrbDic
- 20. yak shaving
- 21. Rush B Cyka Blyat
- 22. Pimp Nails
- 23. Backpedaling
- 24. Anol
- 25. got that
- 26. by the way
- 27. Wetter than an otter's pocket
- 28. soy face
- 29. TSIF
- 30. georgia rose