Money Line Definition Gambling
What is a Money Line or Straight Up Wager?
A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds. A Money Line better doesn't have to worry about a team winning or losing by a certain number of points.
- Money line - odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every.
- If your team wins, you win! A NFL money line wager means you’re simply picking a side. The betting term Against the Spread (ATS) is not necessary for these types of wagers since the spread is not a factor.
Oddsmakers still determine a favorite and an underdog by the overall strength of the competitor, but the odds given are based on the amount of money that needs to be put up in order to place the bet.
Example:
A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds. A Money Line better doesn't have to worry about a team winning or losing by a certain number of points. When it comes to betting sports like baseball and hockey, the standard bets are made on the “money line” – an established number for both teams to win the game outright. What makes point spread bets attractive are the fluid nature of each game – it’s a reality show that, when done right, is inexplicable.
The bettor will receive odds that resemble these:
Colts –140
Money Line Definition Gambling Line
Bears +120
The (-) symbolizes which team is the favorite and the (+) indicates which team is the underdog. So in the above example, the Colts are the favorite and the Bears are the underdog. All the bettor is wagering on is who he or she thinks will win the game.
If one were to bet on the Colts, he or she would have to risk $140 to win $100 (or $105 to win $75; $70 to win $50, etc). If one were to bet on the Bears, he or she would only have to risk $83.33 to win $100 (or $62.50 to win $75; $41.67 to win $50, etc).
So while the Colts are the favorite to win the game, one would have to risk more money if they wanted to bet on them.
(redirected from Money Line Betting)| Acronym | Definition |
|---|---|
| MLB | Major League Baseball |
| MLB | Minor League Baseball |
| MLB | Miraculous Ladybug (anime) |
| MLB | Middle Linebacker (football) |
| MLB | Money Line Betting (gambling) |
| MLB | Mortgage Loan Broker |
| MLB | Matt Leblanc (actor) |
| MLB | Mouseless Browsing (Mozilla Firefox) |
| MLB | Mille Lacs Band (Ojibew tribe; Minnesota) |
| MLB | Multiple Library |
| MLB | Media Library |
| MLB | Missing Left Bracket |
| MLB | Macro Library |
| MLB | Mother Love Bone (band) |
| MLB | Majesty Lord Blaster |
| MLB | Merrill Lynch Bank |
| MLB | Morgan Lewis & Bockius (international law firm) |
| MLB | Motor Life Boat |
| MLB | Main Logic Board |
| MLB | Multi-Layer Board |
| MLB | Medium to Large Business |
| MLB | Maritime Lumber Bureau |
| MLB | Mystery Lovers Bookshop (various locations) |
| MLB | Melbourne, FL, USA - Melbourne Regional Airport (Airport Code) |
| MLB | MacKimmie Library Block (University of Calgary; Canada) |
| MLB | Multi-Line Business |
| MLB | Mark Lanegan Band |
| MLB | Mainland Bridge |
| MLB | Metallic Link Belt |
| MLB | March of the Light Brigade |
| MLB | Intermediate Life Boat |
| MLB | Multinational Logistics Base |
| MLB | Michael Brittin Enterprises (NASA) |
| MLB | Mobile Logistics Support Base |
| MLB | Movable Lane Barrier |
| MLB | microlaryngotracheobronchoscopy |
| MLB | Material Labor Burden |
| MLB | Median Longitudinal Bundle |
| MLB | Medium Lead Burst Neuron (neurophysiology) |
Money Line Definition Gambling Rules
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