The debate about whether the money line is a smarter play than the point spread is a topic that has drawn varied opinions from the online sports betting public and continues to cause ripples among pundits and bettors alike. Learn how to bet on point spread vs. money line betting and the advantages that come with both options.
When to Bet Spread Betting vs Money Lines
Money Line Betting in Focus
In layman’s terms, money line betting simply entails choosing a team or player that you feel is likely to end the game on the winning side. Money lines usually come with odds that have the favorites with a negative (-) sign in front of the lines and the underdogs represented by a positive sign (+), as is depicted below.
- Boston Celtics -110
- Milwaukee Bucks +110
Understanding When to Bet on Money Line
In the above example, the inference is that you have to bet $110 on Boston to win $100 (if the Celtics win the game) and bet $100 on Milwaukee to win $110 (if the Bucks win the game). In soccer, there is usually a slight variation on the odds, typically known as 1X2. The soccer lines usually have three options to choose from: home win (1), away win (2) and draw (X).
Since all you need to be concerned with in money lines is the winning side, it is best to avoid picking a team whose winning chances don’t look good. The best time to bet on a money line for maximum profits is, of course, when you have underdogs who look strong enough to win the game because the return on investment is higher than when betting on a favorite or even putting your money on a point spread. Typically, strong home underdogs make the best picks for money lines, especially in team sports that have a lot of parity and strong home advantages such as college basketball, the NFL and the NBA.
Understanding When to Bet on Point Spread
Generally, point spread betting is what odds makers use to define how much better one team is considered to be over its opponent. If a bettor or handicapper is talking about trying to get the best of the number or points, they are most likely referring to the spread. If, for example, the New England Patriots are expected to beat the Tampa Bay Buccaneers by a touchdown, the point spread will represent that advantage by favoring the Patriots by 7 points—represented as -7 in point spread for New England or +7 for Tampa Bay.
In games like soccer and hockey where goals come at a premium, a half point on the spread will most likely make a huge difference between a winning and losing bet. In the NFL, for example, a half point is generally valued around 5-10 cents. In soccer, the value can go as high as being worth 100. If you are good at handicapping such low-scoring games, spread betting can be very profitable for you.
The other time that offers a best option for point spread betting is when the price for money line betting looks too steep or risky for you. For example, rather than bet -400 on a heavy favorite, you can alternatively wager on -3.5 on the spread, laying only -110 in the process.
Money Lines vs. Point Spread Betting
Both money line and spread betting can be used separately or complementing each other, depending on the situation at hand. Once you understand the value that comes with betting on the two options in the various sporting events, you will be in a better position to understand and decide which betting strategy to use at any given time.
Don’t miss out the Sports Betting General Guide that MyBookie has for you:
Betting Guide 1
- Spread Betting Tips
- Understanding When to Bet Spread Betting vs. Money Lines
- Sports Betting Guide: Spread vs Money Line
- Playing Difference of Point Spread vs. Moneyline Sportsbetting
- Wagering on Moneyline or Straight Up Bets
- Five Questions You Should Ask Yourself When Betting On Sports
- Determining Betting Impact Of Injured Players: Betting Guide
- Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA
- What Is Implied Probability In Online Betting?
- All About Sweetheart Teasers The Good, Bad and Ugly
- Introduction To Bankroll-Boosting Pleaser Bets
- Keys To Disciplined And Profitable Betting
- Picking Sexiest Cheerleading Squads in American Sports
- Analysis of Understanding Of Player Props
- Insane Betting Myths That Are Actually True – September 5th Edition
- Insane Betting Myths that are Actually True – September 2 Edition
- Betting On Draws Strategy Explanation
- Betting on Draws
- The Keys To Developing A Winning Mindset
- Key Numbers In Sports Betting
Betting Guide 2
- Non-Marquee Sports With Profits From College and Pro Sports
- Each Way Double Explanation For Doubles and Each-Way Doubles
- Dealing With Sports Betting Losing Streaks
- Round Robin Bets Explained
- Using Trends to Predict Outcomes in Sports Betting
- Reverse Bets Explained
- The Importance of What You Know in Sports Betting
- Understanding the Impact of Downtime in Sports Betting
- Reduced Juice Betting Explained
- How to Optimize Your Selection Process in Sports Betting
- Using Stats, Trends and Other Statistical Betting Tools
- Sportsbetting Guide: Hedge Betting Explained
- Principles of Value Betting
- Sides vs. Totals Debate: Which Should You Be Betting?
- Is Paying for Picks Worth it?
- How to Get Max Value When Betting
- Types of Sports Bettors
- What is Proportional Betting?
- Methods to Improve your Betting Income
- Identifying Profitable Prop Bets
Betting Guide 3
- Most Common Risk Factors in Sports Betting
- Risk Factors that Every Sports Betting Fan Should Keep in Mind
- Using Stats in Sports Betting
- Understanding and Wagering on Prop Bets
- What’s the Difference Between an Oddsmaker and a Bookie?
- What is Point Shaving?
- Identifying When to Stay Away from Betting Favorites
- Most Common Sportsbetting Handicapping Myths
- What Makes a Successful Sports Odds Bettor?
- Are Winning Streaks in Sports Betting Real?
- Most Popular Leagues to Bet On
- Early vs Late: What’s The Best Betting Strategy?
- Sides vs Totals: Where Should You Place Your Bets?
- Win, Lose, or Draw: The Art of Sports Betting
- Gambler’s Fallacy Explained
- Exposing The Gambler’s Fallacy
Betting Guide 4
- The 20 Golden Rules of Betting Against the Spread
- Using Free Bets To Your Advantage
- Choosing An Online Sportsbook: Top 5 Things To Consider
- The Importance of Discipline and Emotional Control in Sports
- Winning Percentage vs Units Won
- Wat is Statistical Handicapping?
- Should You Bet On Your Own Team?
- Sports Betting: Tight vs Loose Wagering Styles
- Perfect Sports Betting Situations To Use Teasers
- Gambling Whose Time Has Come Written
- Advantages of In Play Betting
- Bankroll Money Management
- Online Betting Types You Should Use More Frequently
- Parlay Explained: How to Boost Your Sportsbetting Bankroll
- Sports Betting Questions to Ask at the End of a Streak
- How to Handle the Next Game After a Betting Loss