What Is A Moneyline Bet
By: Richard Bleuze
The moneyline is used to equal out the attractiveness of the favorite and the underdog for the typical sports bettor. Moneyline results are decided by an event’s winner, without regard to any point spread, since there is no point spread. Oddsmakers set the moneyline so that more money must be risked on the favorite and less money on the underdog in an effort to balance the willingness of bettors to back the respective sides of a contest.
Keep in mind that sports books only make a commission (also known as juice or vigorish) when the favorite loses in a moneyline. That's why few sports book offers a moneyline on major sports.
Besides sports like NASCAR and golf, where the margin of victory doesn’t really matter, the moneyline is also the standard way to bet MLB. If a point spread were used with baseball, the smallest amount a line could be moved would be a ½ run. Thus, using a point spread in baseball would not allow an evening of the action with the necessary precision, so a moneyline is used.
Moneylines are offered on football and basketball too, in both college and pro. The moneyline is another option in those sports for bettors who choose to focus upon picking winners without regard for the point spread.
A good example was the footgame game where the Patriots were 7 ½-point favorites against the Philadelphia Eagles, but -265 to win the game on the moneyline. If you had wagered $265 to win $100 on the Patriots. The Pats won 24-21, failing to cover the spread, but winning on the moneyline. Now you know that there are other choices other than point spread betting, and you’ll be ready for next football season.
Check out the football odds by CLICKING HERE!
About the Author:
Richard's articles can be found at http://www.24-7wagering.com
This Article is Brought to you by:
Article Sponsorships Available
Short description about your link.
Add your link here
Gambling Related Articles:
Best Casinos That Accept US Players For The Game Of Baccarat
Baccarat is one of the world’s best known games. A combination of luck, skill and strategy online baccarat has become one of the more popular online games which you can now find at many of the online casinos. ...
By: Richard Bleuze
Baseball Underdog System
Baseball Underdog SystemThe Baseball Underdog System is based on a law of averages which shows that over the long term, MLB underdogs beat favori...
By: Richard Bleuze
Betting The Runlines In Baseball
Perhaps the best way to bet on baseball is to bet on underdogs. Yet, one has to vary picks between underdogs and favorites to make balanced selections—but, how can one bet a favorite with an underdog...
By: Richard Bleuze
Updated Gambling Related News:
Visit the world's biggest online casino and poker room with free canadian software-poker designed- you can join the best-known Canada's poker tournament. We will answer all your questions concerning online gambling white headed games.
Casinos that accept US players is in an ever changing state. Many of these online casino US accepted sites are only applicable in certain states. Online casino for Macs are still able to be played at most RTG programs but not all of them.
With the passing of the UIGEA the next few years will most likely be turbulent ones but many optomists believe things will eventually turn for the better for online gamblers in the US.
A Pick 3 Lottery System that actually works! Put the odds of winning almost every time you play in your favor. You can win thousands of dollars each and every month with the incredible "Win Pick 3 Lotto System"!
DEPOSIT HELP
If you are having difficulty making your initial deposit on any of the recommended sites on this page, you may click on "support" or "help" and their customer service personnel will be more than happy to assist you. Even if you cannot make a deposit via the internet, if you call they will find a convenient way for you to complete your transactions!
The easiest sites to make transactions for US players are, 5Dimes, Bookmaker.com and Diamond Sports Book. From Western Union to credit cards, it all works quickly and easily! In fact, both BookMaker and Diamond recently sent out an email to let US players know that they were now accepting credit cards.
The easiest methods are credit card, VISA "gift" cards, or MoneyGram (found at every WalMart!).
Credit and Debit card transactions may be declined by American banks. Here's a little known fact, many sites are able to process VISA "gift" cards! These are available at many stores such as gas stations, Rite-Aid, Walgreens, Wal-Mart and others. The high level of encrytion used and other security features of the sites make this a simple and safe method!
* Gambling Warning Notice *
This site contains links and informational content on online wagering services. Internet gambling is NOT legal in certain areas. Consult your local authorities prior to registering with any online wagering service.
24-7wagering does not recommend or encourage any kind of legal or illegal gambling. Please remember, all player account funds are 100% safe and secure and you will always have access to these funds! However, statistics conclusively prove that nearly all gamblers will lose money over the long term.
* Problem Gambling *
If you or someone you know is concerned about compulsive gambling, call the National Council for Problem Gambling at 1-800-522-4700 or visit http://www.ncpgambling.org online
.gif&AffUrlID=49)
