Betting the money line is a straightforward yet popular wagering option in sports betting. Here’s a quick guide to understand it better:
- Definition: Betting the money line means placing a bet on which team or player will win a game or match, without considering the point spread.
- Favorites vs. Underdogs: The favorite has a negative money line (e.g., -150), meaning you need to bet $150 to win $100. The underdog has a positive money line (e.g., +200), meaning a $100 bet wins $200.
- Examples: If Team A has a money line of -200 and Team B has +180, betting $200 on Team A would win $100 if they win, while betting $100 on Team B would win $180.
By understanding these basics, you can start making more informed decisions when betting the money line.
