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How Money Line Odds Work

To understand how money line odds work, you should place a wager on the winning team. This type of wager is usually made at the moneyline, and it has no handicap. If your bet is on the Bengals, you would win if they win by more than ten points. To make a profit on a money line bet, your team must score more points than the other team. Sportsbooks balance their risk by setting different prices for the teams. If your bet wins, you'll win more money than if you bet on the underdog.


When betting on the money line, you should always take into account the amount of money you're willing to risk. A favorite will be worth $315, while an underdog will be worth $1.40. As the Singapore pools odds for an underdog increase, the underdog will be worth less than a hundred dollars. Therefore, the money line will increase as the probability of winning goes up. You can easily determine your risk by dividing the money line odds by 100.


The difference between an underdog and a favorite team in moneyline betting is that you can't use the potential return as the sole factor when placing a bet. While betting on a moneyline, it's important to note that favorite teams rarely match up evenly. If you're a savvy moneyline bettor, you'll bet on the underdog team in order to get more profit. If you're planning on placing a bet on the Yankees or Astros, it's a good idea to check the previous game's odds to see how much the spread was.