Unlike the point spread, the moneyline works the same way in the major sports like football, basketball, and baseball. If you pick the winner correctly, you win. Moneyline bets are wagers on the game's outright winner, regardless of the point spread. Spread bets are based on the point differential. On the point spread going on the day would mean a small loss, but on the moneyline it would mean a small profit. Profits are better than losses in my eyes. Do You Want Extreme Outcomes? The main difference between moneyline and spread moneyline vs spread are the odds associated with each. With moneyline bets, you are more likely.
Why is spread better than moneyline? While a point spread requires the team you bet on to win by a specified margin, moneyline does not. However, point spread bets typically have odds somewhat close to even money, meaning you would win about as much as you bet if you won. Moneyline bets have a wide range of odds.
In , the U. Supreme Court permitted states to legalize sports betting if they wish to do so. As of , it is legal in 38 states and the District of Columbia. It is still illegal in eight states, including Texas and California. A point spread bet considers not only which team wins but also how much. In this sort of bet, the favorite has to win by a set amount of points or more.
To manage risk , bookmakers use point spreads to evenly distribute bettors on both sides of a bet. In fact, both try to account for the relative strength of each team. However, they do this in different ways. Money lines change the amount charged for bets on a team, while point spreads change the team scores that would count as a win. The information in money line markets may be more precise than that in point spread markets, according to some financial studies.
If you or someone you know has a gambling problem, call the National Problem Gambling Helpline at , or visit ncpgambling. A money line bet is a wager on the outcome of an event. It is a bet on which team or competitor the bettor expects to win. It also tells you that the team is not expected to win, as it is the underdog in the game.
To figure out how much you would make on a money line bet, you need to figure out how much your bet would pay out. Look at the integers next to the teams. Money line bets, one of the simplest kinds of bets to place, allow bettors to select who they think the winner will be of a competition. Moneyline vs spread How much any particular bet would win will depend on the odds of the team or competitor winning, which is represented by numbers next to the name.
Evidence from Events in — American Gaming Association. Supreme Court. National Collegiate Athletic Assn. Global Industry Analysts. PR Newswire. New Users Only. Terms and Conditions Apply. Sports Betting Spread to Moneyline Converter The spread to moneyline converter allows you to see the estimated moneyline for a specific point spread Spread Value.
Favorite Spread Odds. Underdog Spread Odds. Estimated Favorite Moneyline. Estimated Underdog Moneyline. Using the Spread to Moneyline Converter In certain situations, you will want to calculate moneyline odds when given a game's spread and spread odds. In soccer, this is typically displayed in what is called a three-way line. Instead of choosing two teams to pick from, the possibility of a tie or draw is included.
So instead, a game can look like this on a betting sheet. The home team is listed on top or as Team 1 on a bet slip in soccer. Get all-access to exclusive stories. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Try a week on us. Dan Santaromita is a senior editor for sports betting at The Athletic. He is a University of Missouri graduate who resides in Chicago.
Live News. Premier League. Champions League. European Championship. Copa America. La Liga. Europa League. International Football. Serie A.