Gaming Today: What is Moneyline in Sports Betting and How Do They Work?
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- Опубликовано: 5 сен 2024
- Moneyline sports betting is explained in this articles, with examples from MLB baseball and NHL hockey betting. We illustrate how moneylines are typically displayed on sportsbooks and how to interpret them.
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lol that exhale at the beginning. “Here we go again.”
It was likely my 10th try. Took me awhile to get the hang of this. Very relaxed in person but cameras felt strange.
Odds Coach I know what you mean. Great video, anyway!
⚠️ love the effort you put in each day! Huge fan of your work! ⚠️
im thankful for you and your time and work for this this I love sports and always wanting to get into betting I always understood player props but the money line or spread thank man
thanks.. you're really good at explaining
-167 for Houston $100 bet wins you $59.88, so you lose $40.12? Or you get your initial $100 back plus the $59.88? Confused......
How did you get the math of $59.88?
It is a bit complicated (...because that is how the sportsbook likes it) but here is a calculator with some examples of the math underneath. You may want to bookmark it because it is vital to understanding how much risk you are taking, and for what return:
www.oddscoach.com/moneyline-calculator/
Bet = $100
Odd = +167
Ratio = Odd/100 = 1.67
Win = Bet/Ratio = $100/1.67 = $58.99
For - odds:
(Bet x 100) / moneyline -> (100 x 100) / 167 = 59.88
For + odds:
(Bet * moneyline)/100 -> (100 * 145)/100 = 145
Here's what I saw on the ESPN website today: Texas Rangers -111. No number for the Twins. Indians/Pirates has Cle -115. My question is why do they only show the fav numbers(-)and not the underdog numbers (+)?? What should we assume from that? Thanks.
So for the -111, you bet $100, you get $90.99. The other team will usually be approximately +109, because 10+91=100. (There is variation but it’s around there.)
For the -115: $86.96, so the over is around +113 (13+87=100)
@@AliceYobby Don't you get back your original $100? Shouldn't it read "you bet $100, you get 190.99"?
Well what if I'm trynna set it up myself and not trynna make the bets whats the math behind it and how do I determine this
If I understand you correctly you likely are looking for this:
www.oddscoach.com/fair-odds-calculator/
This will take odds that you find from sportsbook and convert them to percentage chance of winning which is easier to understand. This is essentially what the sportsbook is telling you is likely to happen.
Thanks now I can do underhround beyblade gambling
Noob questions: Let's say you bet on the -152 but you will win 65.79, but you will still get the money you bet right?
i.e. you have $200 then bet $100 then won 65.79, so you'll have $265.79? right?
Yes. Your confusion comes with how sportsbooks describe winnings but no sportsbook makes a bet available where you don't make money if you completely win the bet. Some describe a bet as "To Return" which is your winnings and original bet combined. They like this because it *seems* like more money. Most describe it as "To Win" which is just the profit on top of your original bet and is generally how you should consider your bets so your risk isn't abstracting the value of the win.
Odds Coach wouldn’t I just be able to choose a favourable team every single time and just make small amounts of money at a time?
yes
hi there nice vid. do sportsbooks place restrictions on the type of moneyline bet you can make? Especially in NBA bets?
Many books put upper limits on the bet amount, but for big sports like NBA it is pretty high. Right now Pinnacle is limited to about $18,000 on a moneyline bet and $36,000 on a spread bet. Prop bets on dumb things like "Who will win the CrossFit Games" have low limits like $150.
oh nice thanks. Do you believe it will become legalized in every state soon? Or at least the majority of states?
Moneyline betting for football example: where one team is like -900 and the other team is like +150, would a $25 parlay be a good bet (not betting over or under just the moneyline and only two teams?
That is the same as placing a +178 bet or 36% chance of winning. That is all you have to keep in mind when placing your bet: do you expect that these two teams will both win more than 36% of the time.
So the negative is always the favorite?
Yes. You can think of it this way.
If a team is really good you give them a handicap. So instead of starting at 0, they at at -7.5 or what ever the handicap is. So to win the bet, this really good team need to score 7.5 or more i.e.
Conversely because a team is really poor we may give them a slight advantage. So instead of starting at 0, we may decide to allow them to start at +7.5. So if this team wins the game outright you win the bet. You also win if they lose the game but lose by less than 7.5 points.
Hope that makes sense
Why $59.98? I’m confused abt that
Great vid but someone get this man a coffee he sounds sleepy
Haha. I likely was. I was so embarrassed recording myself at first that I did it in the middle of the night to reduce witnesses
@@GamingTodayNews dang dude lmfao. Great channel, thanks for the content
I can relate...
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Where did he come up with those numbers like $59.88 or $65.79?!?! That parts confusing
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@@TheSinimatik why do you divide by 100?
Someone please answer Jorden's question.
What's it mean if clemson -5000
They are HIGHLY favoured. I would stay away from that game: you could bet a large amount and win a very small amount but miracles happen every day. Personally I will only bet games -200 or less just to protect myself from acts of God lol.
A $100 bet will pay you $2. They have a ~98.04% chance of winning but that is not 0
6:22 What are pushes?
EPSTomcat11 ..a push just means u dont win or lose your bet....basically you get your money back.
Joseph Simmons if i bet the moneyline on the first five innings of a baseball game and the teams are tie, is it a push or a loss
Ok I had football that had a tie
Wait a minute - 5 innings in MLB? 9!!
There are betting lines on the first 5 innings as well as 'to win'. Essentially it covers the expected starting pitchers time in game. It is more about the theory that games are essentially pitcher versus pitcher. If you are a student of pitchers then that is the line for you. If you are more a student of overall team play (like teams who score a bunch of home runs or who have shut-down closers etc) then the full game line is for you.
Its considered a "complete game" after 5 inns if they call due to rain. He said 4.5 as well becuz the home team wouldn't need to bat in the bottom of the inning if they already held the lead.
What the heck is 5 innings?
You can bet on the winning team in the first 5 innings of a game so that you are essentially betting on starting pitcher performance. Pitchers have so much effect into the outcome of ball games that the rest of the innings are more random chance so some sharps will study the starters only.
Damn right the stors would win 🤔🤔
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This guy just called soccer "English football" lol
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hey, your explanation is really bad. You actually can't explain anything to someone who is tryin to learn about bets in sports. What is for example the oddsmaker? no, I will not subscribe, your explantion is bad. Just to be polite
Looking forward to watching your video on the topic.