How Betting Lines Work In Sports Betting 1
For beginning sports gamblers, betting line can be confusing to understand. Unlike point spreads, which are concerned with who wins and by how much, a moneyline is solely dependent upon who wins. Moneylines are used most commonly in low-scoring games like baseball or hockey, but they may also be used in boxing and other sports.
Here is a guide on how actually betting lines works in Sports Betting.
1. What is Betting Line?
Before we start with how betting lines works, it is more important to understand what actually betting line is? Betting line is a not as complex as people think but still it throws the average person off and deters them from wanting to learn more about sports gambling. Betting lines are wagers that are made against the line. Line, is a number assigned by the bookmakers which handicaps one team and favors another when two teams play each other and one is perceived as being more likely to win.
For example, if the bookmaker believes Team A is a 10-point better team than Team B, the bookmaker can handicap Team A 10 points. The line bet becomes Team A to win by more than 10pts or Team B to get within 10 points. Both outcomes should be of equal odds roughly $1.90. Read the rest of this entry →
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