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A beginner's guide to poker chips
Poker is one game that has influenced almost whole of the United States of America. The influence of this table game can be seen in any nook and corner of the country and the world as well. The game has picked so well from the fan fairs due to which...
How to Beat Roulette with A Simple 3 Point System
How to Beat Roulette with A Simple 3 Point System Many players try to beat roulette by buying a "sure fire" roulette system for money. These systems promise consistent gains and to make the buyer rich and beat roulette consistently. Of course, the...
Retro Games Are Hot Again
Bugatro Gold http://www.deprice.com/bugatrongold.htm Bugatron Gold is a well-designed space-shooter game borrows ideas from classics such as Galaga. In Bugatron, you must eradicate the evil alien insects, which swoop and dive at your spaceship in a...
Texas Holdem Poker Strategy
Texas Holdem Poker is very easy to learn and for this reason you'll often find new holdem poker players at an online casino like Trident Poker , which offers Pot-Limit Poker tables as well as free online poker games. For this reason it can be quite...
The Sounds of Music--A Guide to Free Music Downloads.
The download revolution is in full gear! In 2004, legal song downloads increased tenfold to more than 200 million worldwide. According to some projections, downloads will account for a quarter of record company sales by 2009. There are now over...
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Sportsbook Money Lines
The Money Lines, as some may call, are not as complicated as it appears. Unlike point spreads which represents probability based on game points, money lines represents probability with money.
A simple way to understand money lines is to think of it as an indication of the amount of money you need to bet to win $110 and the amount of money you will win if you bet $100. Money lines are preferably explained based on a $100 value since it used in most of the games but it doesn't mean you can only bet a $100 on a game. You can bet with money lines with any amount of many and it will become proportional to the money lines odds.
Money lines are used mostly in popular sports like football and basketball. Let me explain you an example of money lines with a game of NFL where it is widely used.
For example, the Patriots are the favorite against the Steelers on an AFC game. Since the Patriots are the favorite, the money lines are fixed so they have a money line of -110. The Steelers being the underdog has a money line of +110. If the Patriots are your preference and you choose to bet for them, you have to bet $110 to play a chance on winning $100. If you decide the Steelers are in a come
back still not more of a favorite like the Patriots but you still think they can win the game then you bet $100 to play the chance of winning $110. This is because the probabilities calculated by the oddsmakers that are made into money lines are balanced to win less money for betting on a team that has more probability of winning and winning more money for betting on a team that has less chance of winning.
It is not necessary to bet a $100 on money lines. You can choose to bet more or less and your winning will be proportional to the $100 and $110 value. For example if you bet $55 on the Raiders with a money line of -110 while the Jets have a money line of +110 and they win, you will receive $50. If you plan to bet $50 on the Jets and they win you get the amount of $55.
Money lines are very easy to understand and explain probability with an approach on showing who has a better chance to win and who doesn't. Anyway, the easier way to understand money lines is by wagering. It is by experience of the process that you gain knowledge and your future betting experience will be really worth full.
About the Author
Professional SEO Copywriter. He helps a number of sportsbooks:
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