Let’s take two of the teams that Iowans like to cheer for and create an example: Minnesota Vikings +380
#Moneyline app pro#
NFL moneyline bettingĭue to not having any major teams of its own and its proximity to several pro football cities, we know that Iowa is a house divided when it comes to NFL fandom. In this case, a bettor would need to risk $650 to win $100 on Iowa, while a wager of $100 on Nebraska could net $440 in profit.
To do the quick math, remember that moneylines are linked to 100. Then, enter an amount to risk to calculate the potential payout, and it will be clear how much you stand to win or lose, depending on the result of the wager.
Once you have determined which side you’re going to bet on, you must select the corresponding moneyline, which will move it to your bet slip. On the moneyline, the Iowa Hawkeyes is a huge favorite at -650, while Nebraska is a sizable underdog at +440. For this example, we are unconcerned with the point spread of 13.5 points for each side and a total of 53.5, so let’s focus on the middle section. There are three sets of numbers here, in the following order: the point spread, the moneyline and the total. In regard to betting moneylines in Iowa, let’s look at an example using NCAA football odds from FanDuel Sportsbook for the Hawkeyes’ matchup with Nebraska: If there is too much liability on one side, you could see a line move to compensate for it. Keep in mind that the sportsbook’s goal is to create a situation where a similar amount of betting action comes in on both sides. Media stories (could impact whom the public bets on).Action from the betting public (and professional bettors).The following factors can lead to betting lines being adjusting prior to the start of a game: Note that oddsmakers set an opening line, but odds can change between the time they are posted and when the game begins. For underdogs, the moneyline is what the bettor stands to win by risking $100. When it comes to favorites, the moneyline is the amount of money that bettors would need to risk to win $100. To make things easier to understand, look at moneylines relative to the number 100, and then break it down from there. For example, a team with a -200 moneyline would be the favorite, while a team with a +200 moneyline would be the underdog.
#Moneyline app plus#
Underdogs are the opposite and will have a plus sign. Even when two teams are evenly matched, the sportsbook will select one team as a “ favorite” and the other as an “ underdog.”įavorites have a better chance at winning the contest and have a minus sign accompanying their odds. They will “crunch the numbers” on all the significant factors in deciding which team is more likely to win a game. Bookmakers predetermine the odds (or lines) for each side.
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