What Does Minus Points Mean In Betting
In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.
- The minus sign means that the final score will have the spread number subtracted from it. The plus sign means that the team’s final score will have the spread number added to it. In summary, the point spread is a calculated prediction of how much a team will win or lose. Why do sportsbooks use point spreads?
- With money lines, remember that plus signs mean underdogs and minus signs mean favorites. North Carolina is an underdog at +135 and since they are the underdog, you make more than you bet if they win. A bet on North Carolina would pay $135 for every $100 you bet. When betting on favorites to simply win, you won’t be getting as much as you bet.
The opposite is true with the Steelers - the point spread posted by the sportsbook takes away 9 points from the Steelers final score (hence the minus sign in front of the spread) and in order for them to cover the spread and you to win the bet, Pittsburgh must win the game by more than 9 points. But in recent years, a point-spread of sorts has made its way into baseball betting known as the “run line.”. The “run line” is a combination of a point spread and a money line. The most common form of this is the 1.5 run margin, where the favored team is -1.5 and the underdog team is +1.5.
Money lines are represented in negative and positive values.
Negative money line: -145, -220, or anything similar
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.
That number also indicates how much money you need to bet/spend in order to win $100.
For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…
Positive money line: +145, +220, or anything similar
When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.
The number also indicates how much money would win in comparison to every $100 you wager.
For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.
What Does Mean In Sports Betting 3
Money line examples:
Lets use an NFL example here:
What Does Mean In Betting
New England Patriots -240
Miami Dolphins +220
What Does Minus Points Mean In Betting Line
To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.
To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.
In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.
What Does Taking The Points Mean In Sports Betting?
by Doc's Sports - 10/9/2014
Taking the points simply means betting an underdogagainst the spread. Pointspread betting is most common in football and basketball.
An underdog could be expressed, for example, as +7.5. That means that if the team wins the game, or loses by seven or fewer points, then those who bet on that team won. If they lose by eight or more points then the favorite has covered the spread, and those who bet on the underdog lose their money. You are said to take the points because the number of points in the pointspread become your advantage. When betting the underdog in this example it is as if the game is 7-0 in your favor before it even begins. The opposite of taking the points is laying the points. When you bet on the favorite in this example it is as if you are trailing 7-0 when the game starts.
The biggest mistake people make when thinking about taking the points is that this makes it easier for teams to cover spreads. People will regularly suggest that the more points you are taking the easier it is for your team to cover the spread. That isn’t necessarily true at all. I would rather take one point betting on a team I think is going to win the game outright then I would want to take 30 points betting on a team that seems likely to lose by 50. Pointspreads are all relative to the teams involved and how you expect it to play out. They are a comparison of the relative strength of the two teams on that day in that game. There is nothing to be gained by comparing point spreads from different games to each other.
It is also important for bettors to ignore thoughts of who is going to win the game outright when you are betting the pointspread. It doesn’t matter. The only concern is the margin of victory or defeat that you expect, and how likely you expect it to be. Square bettors will often shy away from betting on a heavy underdog because they are grossly outmatched in the game. While that may be the case, it doesn’t matter. To cover the spread they don’t have to win the game, or even come close - they just have to lose by fewer points than the spread suggests. It is quite possible - and even common - for an underdog to be more likely to cover a spread in a given game than the favorite is.
What Does Minus Points Mean In Sports Betting
Doc's Sports is offering $60 worth of handicapper picks absolutely free - no obligation, no sales people - you don't even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc's Sports Advisory Board list of expert sports handicappers. Click here for more details and take advantage of this free $60 picks credit today .