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Understanding the Money Lines

By A. Aguilar

If you are planning to bet on pro football, college football, basketball, horse racing, boxing, tennis, golf, auto racing or any other sport, you need to become familiar with the concept of the betting line (also called Money Line). This line shows how much money you have to risk in order to see a profit on your bet.

The simplest way to understand a betting line is to consider them as an indication of the amount needed to bet to win $100. The money lines are expressed with a negative or positive number. These indicators show the amount you would need to bet on a particular team in order to earn $100. A negative number indicates what you must bet to win $100, while a positive money line indicates what you would win if you bet $100.

For example, let's supposed that the Houston Rockets have a money line of +240 and Orlando have one of -280. If you bet on Orlando you would need to put $280 to earn $100 (or proportionately, you would earn $35 if you bet $100), but if you bet $100 on Houston, you will get $240.

Obviously, the indicated amount would be received only if the team you bet on result winner. This is called a "straight bet" and is the simplest form of gambling, regardless of the difference in the total or final scores. There's no pre-set advantage like in other types of bets such as the Handicap (point spread or difference), the combined (parlays), the "teaser" conditions, or futures betting.

The betting odds are published by many online sports books and are constantly changing. The bookmaker adjusts the difference so that they will make profits regardless of which team wins the competition or game. The betting lines can be also found online at sports betting sites.

In North America Action Sports Central, Oasis and Betting Edge are the most popular sites that have daily betting lines on NBA, NFL, and college football and basketball. Advantage Sports Betting is a massive site that houses a casino, live betting and that offers more than 80 racetracks. Here, money lines start from the modest figure of $1.00 per bet.

Many casinos also offer a version of betting lines, but are usually described as a bonus; your betting line is increased if you open an account with them. In some places, this bonus can reach an amount of 50%, meaning if you pay $50 to open your casino account, you would receive 50% of your money extra as a bonus just for subscribing, ether by using a credit card or another particular payment method. You would have $75 to play instead of your original $50. This type of bonuses are a great benefit for those interested in sports betting, as many casinos have started to take bets on football and other sports.

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