how does the "moneyline" work when betting a football game?
When putting a bet down on a football game, one option is the moneyline. I don’t truly understand this. For instance in week 4 (NFL):
Detroit is +375 and Chicago is -475. Does this mean i have to bet 5 to win 5?
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August 25th, 2010 at 4:38 am
LegFu nailed it.. That’s the outcome of the bets. The money line is the US standard for $100.00
The - team you have to bet that amount to win $100.00
The + team you bet $100.00 to win the + amount.
August 25th, 2010 at 4:38 am
It means you bet 475 to win 100 on Chicago.
Or you bet 100 on Detroit to win 375.
But no point spread
August 25th, 2010 at 4:38 am
The moneylines (+) and (-) are what are known as "American" lines. They are based on $100…if there is a (+), then that is the amount you will win if you risk $100. So for Detroit, you would get $375 and your $100 returned if they win.
If there is a (-), then it indicates how much you must risk in order to profit $100. So if you bet on Chicago, you must risk $475 to win $100 for a total return of $575.
More helpful tips for free at http://www.Sportsbook-Ratings.net/sports-betting-for-newbies