qertstrategic.blogg.se - Moneyline odds

While payouts on moneyline favorites can be less than what you would get back on a point spread bet, some perspective is needed. A winning bet on the Titans would result in a profit of $27.78. A winning bet on the Jaguars would result in a $100 return. At the listed odds, we can expect back the following for winning $100 bets.

There’s a big span between the numbers on both sides here, indicating that the Titans are a heavy favorite over the Jaguars. Here are some moneyline examples for the major sports: Example of the moneyline on the NFL Payouts for big favorites can be on the light side, while returns can be fantastic if the underdog pulls it off. You should never base your decisions solely on the potential return.

From there, you can factor in potential payouts for winning bets to further whittle down the field. You can always line shop at various books to find the best odds for the bet you want to place.Īfter you have a good handle on how moneyline odds translate into the likelihood of winning for both sides, you’ll be able to scan the odds board more efficiently. Moneyline odds won’t always be exactly the same at each sportsbook. If a key injury happened to pop up on the Steelers side, that could lead to their odds being adjusted even further downward, such as from +120 to +130. For example, if a lot of betting volume came in on the side of the Packers, a sportsbook could respond by making the odds on that side less favorable, such as down to -150. As action comes in and any newsworthy developments happen, the sportsbook might shift the odds. The odds won’t stand still after they are released.

Negative odds: When the odds are negative, the number equals how much you have to bet to get back $100 for a winner, such as $110 at -110.

If you place a $100 bet at odds of +120 and they go on to win the game, your profit will be $120.

Positive odds: For positive odds, the number indicates how much you’ll get back on a $100 wager.

Sportsbooks will display the potential return on your wagers before you click submit, but you can also easily ballpark it based on the odds. Here is another example using a game between the Green Bay Packers and the Pittsburgh Steelers. This example matchup has a clear favorite as indicated by the wide range between the odds. The moneyline odds can help you quickly determine which games are expected to be close or mismatches. Let’s take a look at an example using real-time moneyline odds for a Week 8 NFL game. For games that fall into this category, oddsmakers have deemed the matchup to be a toss-up, meaning that both teams have an equal chance of winning the game. In rare cases, the odds will be equal on both sides, as in -110 for both teams.

Positive odds, such as +130, point to the underdog.

Negative odds, such as -150, indicate the favored side.

When you view the betting lines for a slate of games, you can easily spot the favorite or underdog in a matchup by remembering the following: There are no spreads to worry about, just straight winners and losers. When betting on the Moneyline, the goal is to simply pick the winner of the game. The range between the odds can indicate the closeness of the matchup in the eyes of the sportsbook, while the relative pricing may differ when compared with competing sportsbooks. Negative odds indicate favorites, and underdogs have positive odds. The odds adjust based on the expected performance. A moneyline bet is where you pick the winner of an event or game.