Moneyline betting is easy to understand. When you place a cash line wager, the only point you’ll need to do is select a team that you think is most likely to win a game outright
If you were to put a moneyline bet on the game, you would need to put it on either environment-friendly Chicago or Bay. You would additionally need to have a look at the chances for a moneyline wager before making it.
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As of right now, the moneyline probabilities for the Bears/Packers game are:
- Packers +150
- Bears -180
This suggests that, if you were to wager $100 on the moneyline, you would win $150 if Green Bay wins the game. Nonetheless, if you were to bet the Bears on the moneyline, you would require to put down $180 to win $100 back if Chicago wins the game.
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What Is Spread Betting?
Spread wagering is a little extra challenging than moneyline betting.
Yet it’s not that hard to figure out.
When you put a spread bet, you are going to require the group that you bank on “cover the spread” it was made for the game for you in winning.
As of now, a point spread of a game can be:
- Bears -3.5 or -110
- Packers +3.5 or -110
If you put a spread bet over the Packers, you are going to require them to either win the game outright or cover the spread by shedding by less than 3.5 points. If, reversely, you position a spread bank on the Bears, you’d require them in winning by greater than 3.5 points for covering the spread.
In both instances, a $110 bet would net you $100 if your group covers the spread, regardless of which group you pick to take.
Which Is the Better Option for You?
There are advantages and disadvantages that come with both moneyline as well as spread betting.
Those that favor taking down moneyline wagers love the reality that they don’t have to stress over keeping an eye on the point spread when they’re enjoying a game. They just need to worry about whether or not their group wins.
Yet as you are able to see, among the downsides of betting of moneyline is that those that bet on a favored need to put down more cash than they would have to when making use of spread wagering. And those who bank on an underdog do not have the advantage of “getting” factors during a game.