Sportsbooks outside of North America sometimes display the moneyline in either a decimal or fractional format. As such, American-facing books will almost always represent the moneyline in this format. The + and – signs you see are referred to as “American” odds. This depends on the audience your sportsbook targets. Why Are There Fractions or Decimals on the Moneyline? If you find a team you’re confident in, and the oddsmakers are moving the lines the other way, then you’ll have the edge over the sportsbook if your team wins. This could have a big impact on your winnings, which is why it’s important to find early betting lines that have better value for NFL games.Įxperienced sports bettors track the odds very closely, and watching the moneyline is an effective way to gauge what the oddsmakers are thinking. A team like the Kansas City Chiefs could start as -125 favorites, but as more people bet on them leading up to the Super Bowl, the odds might move to -150 or more. This changes the value of your potential return, so it’s important to pay attention to line movement and the opening/closing odds.
Online sportsbooks will adjust their moneyline odds as one side gets more of the action from the betting public. Handicapping assigns an advantage to a team based on available evidence and statistics rather than a gut instinct.īeating the oddsmakers is a tough task, but the more research and handicapping you do on betting lines, the better chance you have at padding your bankroll. Using analytical research, key betting trends, or any other knowledge that might eliminate any guessing in a bet is called handicapping. If you see moneyline odds for a team, and you believe they have a good chance of winning, then you’re already familiar with the concept of handicapping. Handicapping is an important part of strategizing your moneyline bets. The positive number indicates the betting favorite, and the negative number is assigned to the underdog. Moneyline odds will look similar across the board. You can find moneyline line odds for virtually any sport, including some of the following leagues: Moneyline wagering is a relatively easy concept to understand once you get the hang of it.
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