What Does A Money Line Mean

What Does A Money Line Mean 3,8/5 7686 votes

Money lines (also called American Odds) are one of the most common ways to bet on sports. They do not use a point spread, and are straight-up bets on who will win the game or event.

A money line is a wager on the natural result of a game or event. In other words, the score or outcome is unadjusted. This is different from spread betting where the sportsbook adjusts the score to determine the winner. Money lines, often written moneylines or money-lines, are also called American odds due to their popularity with US bookmakers. In sports betting, how much a team wins by is usually all that matters. The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as. A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds. A Money Line better doesn't have to worry about a team winning or losing by a certain number of points. Oddsmakers still determine a favorite and an underdog by the overall strength of the competitor, but the odds given are based on the amount of money that needs to be put up in order to.

To properly explain how to bet the money line, the first thing to understand is the difference between a negative and positive money line. Both money lines use $100 as the basis point for calculating payouts, but they’re calculated differently.

How to Calculate Money Line Payouts

A negative money line is indicated with a ‘-‘ in front of a number, like -230. The number represents the amount of money that would need to be wagered in order to win $100 in profit. So, a -230 money line would require a wager of $230 to win $100 more, for a total payout of $330 ($230 wager + $100 profit). Of course a $230 bet is not required, it’s just the basis for calculating the payout. With odds of -230, a $23 bet would return $10 in profit, or a $2.30 bet would return $1 in profit.

A positive money line is indicated with a ‘+’ in front of a number. In this case, the number represents the amount that would be won from a $100 wager. So, a +170 money line means that a $100 wager would return $170 in profit, for a total payout of $270 ($100 wager + $170 profit = $270). A bet of $10 would result in a $17 profit, and a total payout of $27 ($10 wager + $17 profit = $27).

More About Negative Lines

Generally a negative money line represents the favored team in a match. There are exceptions to this and we’ll discuss that later. For now, think negative money line = favorite.

In most two-team games like football, baseball or soccer, one team will have a negative money line, and the opponent will have a positive money line. The team with a negative money line is the favorite, and the team with the positive money line is the underdog.

Example:

  • New England Patriots +140
  • Indianapolis Colts -160

In this case, the Colts are the favorite. It would take a bet of $16 to win $10 in profit, for a total payout of $26 ($16 wagered + $10 profit = $26). For the Patriots, as the underdog, it would only take a bet of $10 to win $14 in profit, for a total payout of $24 ($10 wager + $14 profit = $24).

Since the favored team is considered more likely to win, and because no handicap is being used, it takes a larger wager to win a smaller profit on them.

More About Positive Lines

In a 2-team game where one team has a positive money line, they are always the underdog. Since they’re underdogs, it requires a smaller wager to win a larger profit.

Example:

  • Pittsburgh Penguins +130
  • New York Rangers -150

In this case, a bet of $10 on the Penguins would result in a $13 profit if they win, for a total payout of $23 ($10 wager + $13 profit = $23). For the Rangers, it would take a bet of $15 to win $10 in profit, for a $25 total payout ($15 wager + $10 profit = $25).

Games Where Both Teams Are Negative

In games like baseball or football, it’s not uncommon to see both teams represented with a negative money line. When this happens, it means the teams are very closely matched.

For Example:

  • New York Yankees -113
  • Boston Red Sox -107

In the scenario above, the game is considered very close, with a slight edge towards the Yankees. It would require a bet of $113 to win $100 on the Yankees, or $107 bet to win $100 on the Red Sox.

Sports With Multiple Teams or Competitors

Of course there are sports with multiple competitors in a single event, like horse racing, Olympic events, and golf. This is also the case in futures bets, where the handicapper is choosing between multiple teams to win a seasonal champion.

In this case, there will generally be one favorite, indicated with a negative money line, and the rest of the field will have positive money lines. Sometimes, when there are no clear favorites, there may not be a single competitor with a negative money line. In this case, the competitor with the lowest positive money line is favored.

Example:

Tiger Woods +600
Phil Mickelson +850
Martin Kaymer +1300
Lee Westwood +1600
Steve Stricker +2300

In this case, Tiger Woods is the favorite, but he has a positive money line. A bet of $10 on him would result in a $60 profit if he wins. A bet of $10 on Steve Stricker would result in a $230 profit if he were to win.

Converting Moneyline Odds to Fractional Odds

We all learned how to do fractions in elementary school, and once you understand money line odds, the conversions are simple.

How to Convert Positive Money Lines to Fractional Odds

To convert a positive money line into fractional odds, divide the number in the money line by 100.

Examples:

  • +250 Money Line: 250/100 = 2.5/1 (5/2) Fractional Odds
  • +400 Money Line: 400/100 = 4/1 Fractional Odds
  • +650 Money Line: 650/100 = 6.5/1 (13/2) Fractional Odds

How to Convert Negative Lines to Fractional Odds

To convert negative money lines to fractional odds, divide the number in the money line by 100. Put that number on the right side of a fraction which begins with ‘1/’. Some numbers on the right side of the fraction will have a decimal in them. Since decimals are not used in fractional odds, they are removed by multiplying both numbers in the fraction by 2.

Examples:

  • -200 Money Line: 200/100 = 2. Put the 2 on the right side of a fraction beginning with 1/, resulting in fractional odds of 1/2.
  • -350 Money Line: 350/100 = 3.5. Put the 3.5 on the right side of a fraction beginning with 1/, resulting in fractional odds of 1/3.5. Multiply both numbers in the fraction by 2 to remove the decimal = 2/7 fractional odds.
  • -650 Money Line: 650/100 = 6.5. Put the 6.5 on the right side of a fraction beginning with 1/, resulting in fractional odds of 1/6.5. Multiply both numbers in the fraction by 2 to remove the decimal = 2/13 fractional odds.

Converting to Decimal Odds

Positive money lines show the profit that would be won from a $100 bet, not including the original wager. Negative money lines show the wager required to win $100 in profit. Neither of these reflect the total payout. This is different in decimal odds.

Using decimal odds, a handicapper can easily calculate their entire payout. For example, a team with decimal odds of 3.0 would be multiplied by the wager amount to calculate the entire payout. A $20 bet with 3.0 decimal odds would pay out a total of $60 ($20 x 3.0 = $60).

The calculation to convert a positive money line to decimal odds is different from the calculation of a negative money line to decimal odds. Here’s how they convert:

How to Convert a Positive Money Line to Decimal Odds

To convert a positive money line to decimal odds, divide the money line by 100, then add 1.

Examples:

  • +200 / 100 = 2 + 1 = 3.0 Decimal Odds

What Does A Negative Moneyline Mean

  • +350 /100 = 3.5 +1 = 4.5 Decimal Odds

How To Interpret The Money Line

  • +625 / 100 = 6.25 +1 = 7.25 Decimal Odds

Negative Lines to Decimal Odds

To convert a negative money line to decimal odds, start with the number 100 and divide it by the number in the money line, then add 1.

Examples:

  • -200 Money Line: 100 / 200 = .5 +1 = 1.5 Decimal Odds
  • -350 Money Line: 100 / 350 = .286 +1 = 1.286 (1.29) Decimal Odds
  • -625 Money Line: 100 / 625 = .16 +1 = 1.16 Decimal Odds

Pros & Cons of Money Line Bets

When compared to a point spread, for the underdog, the benefit of a money line bet is the increased odds a handicapper receives. For the favorite, the benefit is that no handicap is given to the underdog, making it more likely their bets will win.

For the underdog, the negative is that they don’t receive a handicap, making it more difficult to win these bets. For the favorite, the negative is that the punter receives lower odds than they do when they’re giving up points on the spread.

Comparing the money line to the run line in baseball or puck line in hockey, the benefit ‘can’ be slightly reduced juice (vig, or commission). For example, many online sportsbooks charge a 5% vig on baseball or hockey money line bets. However, it’s harder to find reduced juice on run lines and puck lines, where punters normally pay 10% vig. Over the course of a season and a lot of bets, 5% can be the difference of being a winning or losing handicapper.

Money lines are the most popular way to bet on MLB baseball and NHL hockey, so the lines can move dramatically from the time they’re posted to the time they close. If you know how to watch lines move and predict where they’re going, money lines can offer a lot of value. For example, when betting on big underdogs in baseball, the best money line odds can often be found as soon as the lines open – before other bettors see the same value you do and bring the odds down. For big favorites, it’s often best to wait until 1-2 hours before game time. For big games with a lot of action, sharp bettors often place big wagers just before a game, which can also create optimal betting opportunities.

For casual bettors, money line bets are easier to make. There is no point spread to mull over, and all that matters is that you choose the winner.

What Does Money Line Mean In Betting : Betting Agency : Usatoday Betting Lines

What Does Money Line Mean In Betting

    money line
  • (Money lines) A type of bet in which you must only pick the winner of a game straight up, not dependent on what the 'Sides' of the game are. If your team is listed at -265, you must bet $265 to win $100. On the reverse,if your team is +245, you must risk $100 to win $245.
  • Fixed-odds betting is a form of wagering against odds offered by a bookmaker, an individual, or on a bet exchange.
  • odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.
    betting
  • The act of gambling money on the outcome of a race, game, or other unpredictable event
  • (bet) maintain with or as if with a bet; 'I bet she will be there!'
  • dissipated: preoccupied with the pursuit of pleasure and especially games of chance; 'led a dissipated life'; 'a betting man'; 'a card-playing son of a bitch'; 'a gambling fool'; 'sporting gents and their ladies'
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The NATIVES are RESTLESS. New Yorkers Protest the US$850 BILLION (US$3 TRILLION) Wall Street BAILOUT: Wall Street, NYC – September 25, 2008

Phototgrapher: a. golden, eyewash design – c. 2008.

Friends,

Mean

The richest 400 Americans — that’s right, just four-hundred people — own MORE than the bottom 150 million Americans COMBINED! 400 of the wealthiest Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion — the same amount that they were demanding We give to them for the 'bailout.' Why don’t they just spend the money they made under Bush to bail themselves out? They’d still have nearly a trillion dollars left over to spread amongst themselves!

Of course, they are not going to do that — at least not voluntarily. George W. Bush was handed a $127 billion surplus when Bill Clinton left office. Because that money was OUR money and not HIS, he did what the rich prefer to do — spend it and never look back. Now we have a $9.5 trillion debt that will take seven generations from which to recover. Why — on –earth – did — our — 'representatives' — give — these — robber — barons — $US850 BILLION — of – OUR — money?

Last week, proposed my own bailout plan. My suggestions, listed below, were predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: THERE…IS…NO…FREE… LUNCH ~ PERIOD! And thank you for encouraging us to hate people on welfare! So, there should have been NO HANDOUTS FROM US TO YOU! Last Friday, after voting AGAINST this BAILOUT, in an unprecedented turn of events, the House FLIP-FLOPPED their 'No' Vote & said 'Yes', in a rush version of a 'bailout' bill vote. IN SPITE OF THE PEOPLE’S OVERWHELMING DISAPPROVAL OF THIS BAILOUT BILL… IN SPITE OF MILLIONS OF CALLS FROM THE PEOPLE CRASHING WASHINGTON 'representatives’' PHONE LINES…IN SPITE OF CRASHING OUR POLITICIAN’S WEBSITES…IN SPITE OF HUNDREDS OF THOUSANDS OF PEOPLE PROTESTING AROUND THE COUNTRY… THEY VOTED FOR THIS BAILOUT! The People first succeeded on Monday with the House, but failed do it with the Senate and then THE HOUSE TURNED ON US TOO!

It is clear, though, we cannot simply continue protesting without proposing exactly what it is we think THESE IDIOTS should/’ve do/one. So, after consulting with a number of people smarter than Phil Gramm, here’s the proposal, now known as 'Mike’s Rescue Plan.' (From Michael Moore’s Bailout Plan) It has 10 simple, straightforward points. They are that you DIDN’T, BUT SHOULD’VE:

1. APPOINTED A SPECIAL PROSECUTOR TO CRIMINALLY INDICT ANYONE ON WALL STREET WHO KNOWINGLY CONTRIBUTED TO THIS COLLAPSE. Before any new money was expended, Congress should have committed, by resolution, to CRIMINALLY PROSECUTE ANYONE who had ANYTHING to do with the attempted SACKING OF OUR ECONOMY. This means that anyone who committed insider trading, securities fraud or any action that helped bring about this collapse should have and MUST GO TO JAIL! This Congress SHOULD HAVE called for a Special Prosecutor who would vigorously go after everyone who created the mess, and anyone else who attempts to scam the public in future. (I like Elliot Spitzer ~ so, he played a little hanky-panky…Wall Street hates him & this is a GOOD thing.)

2. THE RICH SHOULD HAVE PAID FOR THEIR OWN BAILOUT! They may have to live in 5 houses instead of 7. They may have to drive 9 cars instead of 13. The chef for their mini-terriers may have to be reassigned. But there is no way in hell, after forcing family incomes to go down more than $2,000 dollars during the Bush years, that working people and the middle class should have to fork over one dime to underwrite the next yacht purchase.

If they truly needed the $850 billion they say they needed, well, here is an easy way they could have raised it:

a) Every couple makeing over a million dollars a year and every single taxpayer who makes over $500,000 a year should pay a 10% surcharge tax for five years. (It’s the Senator Sanders plan. He’s like Colonel Sanders, only he’s out to fry the right chickens.) That means the rich would have still been paying less income tax than when Carter was president. That would have raise a total of $300 billion.

b) Like nearly every other democracy, they should have charged a 0.25% tax on every stock transaction. This would have raised more than $200 billion in a year.

c) Because every stockholder is a patriotic American, stockholders should have forgone receiving a dividend check for ONE quarter and instead this money would have gone the treasury to help pay for the bullsh*t bailout.

d) 25% of major U.S. corporations currently pay NO federal income tax. Federal corporate tax revenues currently amount to 1.7% of the GD

Don Deal Done ~ Midian Roleplay I don’t typically add roleplays, but I figured I’d break habit with this fun scene from the other night. Hope you enjoy!

Background: Marquis is the owner of the Bound Rose, a bondage strip club, as well as the Mafia don in the city. Serafina (Fin) and he made a deal for her to work for him as a stripper for a few weeks in exchange for a better Hauler (smuggled goods) deal, and Kamy and she are preparing the fight ring and had opened negotiations for his financial backing. Kamy had asked Fin to handle the cash.. since Dregs don’t 'do' that, but she went ahead and tried to work it out with him anyway. When that soured, she called Fin in to fix it. It works, for a while…

******

'Knock Knooo-hooock. Luceeee I’m hooo-ohhh~~' Oop. The door opens and Serafina slides right on in. The room is a *mess*, and the pair inside look like twin tornadoes ready to spin towards each other. 'So you’re finally ready to talk to me, huh?' she cocks her head to Marquis. There’s a thinly veiled stubborn rage roughening up her features.

Marquis waited until he heard Emilio press the button to let him know the ‘honoured guest’ had arrived. His eyes turned to Fina when she fell in. There was murder in those blue orbs, and if there was ever a point in time when he looked like he’d kill someone as soon as look at them? This was it. There was nothing amused, nothing jovial, nothing… normal, about the man. As though all of his attitudes had melted away and been replaced with something as cold as those eyes of his, a being built to kill. His desk being the unfortunate first victim, the two dents of his hands clear and as bloody as his hands, the glints of metal where bone should have been a clear indicator of whom had done the ‘hulk smash’. 'Should have stayed the other night, we would have talked. Though you did run off in quite a hurry.' He’d pause just long enough to cast a glance to Kamy, making sure the woman didn’t suddenly get bold with help in the room before looking back to Fina, 'Though you did have to run home to get your string, to make sure you could tie me to Tiny.' Ooooh yea, he knew.

Kamy stood across from the desk, studying where it was quite apparent that the cord came out of the wood and attached to the lamp, once pondered upon and now realized by how the desk had been shattered. Good to know. She looked to Fina and sighed with a touch of relief. It wasn’t his threat of violence that she sought help from, violence she got. It was the awkward endeavor of conducting business about things she knew nothing for. She sank to the back of the room, allowing ample room for Fina to fit between her and the mess she’d caused. 'he’s all yours.I warm him up for you…'

His inflamed bloodlust could not only be seen, it could be felt, and Fin being so highly sensitive to such primal emotions soaked his ozone of violence like a sponge. Her eyes burned back. His humor at least cracked a smile across the fiery girl’s tight expression. 'You. Have. One. Hour,' she told him, and started to prowl his way. She whipped attention to Kamy then, and gave her a luscious wink of understanding. 'My partner is impestuous, instinctive, and doesn’t *do* money. You’ve wasted my shift,' she continued, and breathed in his fury, flaring her nostrils in return. But what continued was a hot litany of Northern Italian, berating him with her words like they were slappy-slappy-palms to the cheeks. 'Avete un’ora. Un’ora per dirmi perche non dovrei camminare da qui ed ottenere i soldi io stesso. Un’ora da dirmi perche dovrei permettermi ancora le vostre mani, voi parte del horseshit del sud dell’Italia.'

What Does Money Line Mean 133

Marquis didn’t relax when Kamy moved herself into the back of the room and opened up the floor for her comrade in arms. Or at least business ventures and occasional sex. Instead he stayed exactly as he was, every muscle of his body tense, ready to spring at a moments notice as his mind ran over all the different ways he could kill the women in his office, each thought growing darker and more brutal than the last one. And then she spoke. The ultimatum he could handle, even the comment of wasting a shift, but when she commented on southern Italy, when she insulted the land he called home, he snapped. Very slowly he’d flick something under the desk, locking the door again with its magnetic strip, and then two things would happen in rapid succession. A single half stride, half leap would happen to bring him within reaching distance of Fina, and assuming she didn’t jerk back in time, his hand would launch out to grip her throat. Yet even while this was going on his left hand was moving, ripping a gun from his shoulder holster to point it in Kamy’s general direction in the hope it would be a deterrent from the fight regardless of the outcome

What

Assuming everything happened ideally, he would look straight into Fina’s eyes and spoke very, very softly with a tone nearly devoid

what does money line mean in betting

What Does A Positive Money Line Mean

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Moneyline Meaning

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