With the moneyline, if a team is listed on the plus side that tells you how much you will win on a $100 wager. When a club is posted in the negative that tells you how much you have to bet to win $100. With Boston at +120, you would bet $100 to win $120 and with Miami at -140, you must wager $140 to win $100.
The general money line on such bets is -110, meaning we must bet $110 for every $100 we hope to win. If we look, we can usually find a better betting line, like a -105 line, where we only have to bet $105 for every $100 we hope to win. But the point is that the money line is an integral part of betting and needs to be understood.
With college basketball odds the last number you will see, which is posted to the right, is the over/under. As it is with the spread, they may not be expressed as a whole number. The over/under represents the total number of points that may be scored in the game. Your wager is either on the over or the under.
How to read Basketball Betting lines? Experienced basketball players understand the importance of a money line, but there are some who don’t know how profitable it can be when it comes to basketball betting online. Touching the money line in Basketball can be a profitable and simple undertaking, simply because you are betting on a team to win or lose. It is the same as choosing a favorite team between both participating teams to win the Basketball game. Let us understand how to read ...
The (-) indicates that the team is the favorite. A (+) before a number means you will win that amount of profit on a $100 wager. A (-) before a number means you must bet that amount in order to make $100 profit. So for the example above we know that the Rockets are the favorites and the Pistons are the underdogs.
Example for NBA Betting lines: if you bet on basketball NBA betting odds were 5/2 = 2 / (5+2) X 100 = 28.5% implied probability. American odds – Negative odds / (Negative odds + 100) X 100 = implied probability. Example for NBA Betting lines: if you bet on basketball NBA betting odds -200 = 200/ (200+100) X 100 = 66.6%
The first thing you’ll notice when reading odds will be that: Odds have either a plus or minus in front of them; and; Odds are in terms of 100; Betting odds are written in terms of 100 as an industry standard. Even money is +100, which means for every $1 you bet, you will win $1 if your bet wins.
This is why it’s so important for sports bettors to shop for the best lines across the US sports betting industry. The best way to shop lines is to use our odds comparison tools, which you can find for NFL, NBA, MLB, NCAAB, NCAAF and NHL. In general most bookmakers apply the principle that the difference between betting on the favorite and the underdo is 20 cents. So if the favorite is -115 then the dog is -105. If the favorite is -125, then the dog is +105.