In the 2019 Cy-Hawk Showdown, Iowa defeated Iowa State on the road in their annual rivalry game. Iowa bettors who laid 1.5 points with the Hawkeyes didn’t cash despite the team they backed pulling out the win. The Hawkeyes pulled ahead on a late field goal and recovered a fumble late but ran out the clock instead of scoring again. There were separate lightning-related delays totaling nearly three hours.
Which Sports Use Money Line Bets?
Here are a few tips to succeed with betting the moneyline. Being Best Us Online Horse Race Betting Sites & Top Bonus Offers patient enough to sift through three to five sportsbooks will pay dividends in the long-term. Finding better odds, even if it’s only -150 instead of -160, saves you $10 on the wagered stake. If you submit multiple moneyline bets and play consistently, over time, you’ll be risking and potentially losing more money than necessary.
The exact nature of those opportunities depends on a lot of variables, so they are hard to predict. But it is certainly worth keeping an eye on live betting for hedging and middling opportunities. Live betting is becoming increasingly popular, especially as both betting and mobile technology improve.
Despite finishing several wins apart in 2020, the Miami Dolphins and New England Patriots are expected to be on a similar level in 2021. The betting market forecasts neither being in true Super Bowl contention nor bottom-feeding status. The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.
Sports Betting Odds
The moneyline odds at FOX Bet can vary greatly versus some of its competitors, and bettors using a moneyline calculator tool gain a significant edge versus players that don’t. Sportsbooks make money by setting lines that bring in an appropriate amount of wagers on both sides of a bet. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. The “To Win” output yields the profit produced if the Rays win. A $50 winning bet on the Rays yields $70 in profit and a $120 total return to the bettor ($70 profit plus the $50 original bet). PointsBet sets the Los Angeles Dodgers as the favorite in the game, with -165 moneyline odds.
The moneyline is used exactly the same no matter what sport you are betting on. All you must do is select who you believe will with the matchup without any other thought behind you. By taking the favorite, a bettor would have to risk more money than what their expected return would be. Because there is no point spread involved to handicap the game, the oddsmakers and books handicap the payouts to ensure their book stays balanced. Betting on the underdog will result in a much better payout, as the oddsmakers have deemed this team less likely to lose. As you take action on either the favorite or the underdog and select the moneyline, a ratio of $100 is used to represent the payouts.
In other words, you’ll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet. If the team’s goal was to cover the spread, they would obviously kick a field goal. They’re either going to score a touchdown and win the game, or they’re going to lose and fail to cover the spread.
Understanding Moneyline Odds: Negative Vs Positive
Money line underdogs offer higher expected value than a spread bet. It would be cheaper to make a $110 spread bet to win $100. Don’t Overemphasize Underdogs – We know that those multiplier money line underdog odds on NFL games are enticing, but don’t bet on a dog just for the sake of it.