Money Line Betting

 

 

Basketball money line betting is a wagering strategy that does not involve the use of a point spread. It is wagering strategy is perfect for beginners as it is easy to understand and not stressful. However, this strategy is used less than the type of betting that makes use of a point spread. But how does basketball money line betting work? This can be put in a simple way like this example. Miami Heat -15 Oklahoma City Thunder +130 In this example, Miami Heat is the favored team to win the basketball match. The negative sign placed next to the Heat indicates that it is the favorite. On the other hand, the positive sign next to Thunder indicates that this is the underdog team. Since the Miami Heat is the favorite team to win this match, as a bettor, you will have to wager $150 in order for you to win $100. Since the Oklahoma City Thunder is the underdog team, sports books will have to pay $130 for each $100 wager of the bettor. If you decide to bet on either of the two teams, you only wager the money line. You make a bet in order to gain straight up. Basketball money line betting is the most popular type of wagering because it does not involve points. When the team you bet on wins the match, you win the bet money line. It is truly easy and simple. When a team has a large favorite, you also have to wager a large amount in order to win $100. On the other hand, when a team has a large underdog, you will also get a lot of money from sports books when the underdog team wins. Basketball money line betting is only one of the many types of betting options in basketball. It is the easiest strategy to place, and it is also the easiest to understand among all the betting options. It is necessary for you to be careful when placing a bet on a particular basketball game as sports books may require you to spend an unreasonable amount of money for favorite teams. The lines are set often by public perception and not by the potential result of a basketball match. Picking the favorites blindly will cause you to lose in a bet. Basketball money line betting is ideal for individuals who are fairly new in the world of basketball betting. This is the first step in understanding all the other types of betting options. Money line betting does not require you to have a wide range of knowledge when it comes to sports betting. It is essential for you to have a solid understanding of this type of betting option.