The standard betting option in hockey leagues like the NHL and the European leagues is the money line. While that is easier said than done, it is a more straightforward wager type than spread betting like you do in football and basketball. (more…)
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American odds are the same as money line odds and they are often written as the amount you would win based on a $100 bet. A +400 American Odds bet would mean you win $400 for a $100 bet, meaning a total return of $500, meaning the bet odds is 4/1. So, in the first example above a money line bet with odds of +300 would see a person placing $100 on that bet, win $300, for a $400 total return. (more…)
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The underdog in a game is listed as being plus (+) the point spread. A negative number on the betting line implies the favorite, and exactly how much you have to bet to walk away with a $100 payout. (more…)
On one given night, you could feel confident in the Dodgers, Padres and Athletics. Alternatively, you combine different bet types such as totals, runlines and moneylines in a parlay bet. The probability of cashing a parlay automatically adds more risk by expecting multiple teams to win instead of wagering on the teams separately. Bettor usually reduce their stakes in comparison to single bet types holding separate MLB lines. (more…)
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