Betting Lines A Complete Explanation on Bets

Are you new to the world of betting and want to be aware of the terms and jargon involved in it? Now you are asking yourself what a betting line means and why you should be aware of it.

Basically, the betting lines indicate the amount of cash you will receive for winning a particular bet. The most common way to calculate betting lines is through the use of the amount US$100 as the reference guide.

If you figure betting lines you will realize it is quite simple. Betting lines will be either (-) or (+). This means that if you have -200, you will have to wager US$200 in order to gain US$100. This means that aside from recovering your initial bet of US$200 you also get an additional US$100 as your profit from winning the bet.

Now, if you look at the betting line and find +200 and you give a wager of US$100, then you get a payout of US$200 based on the + 200 betting line. So in this particular example, you earn US$200.

In betting dictionaries, Betting Lines are defined as listed odds on a certain game which can pertain to points or the moneyline.

Now let’s focus on the moneyline term which can be seen in most sports betting activities done in the United States of America. In fact, the term moneyline is also known in jargon as American odds. This form of money betting uses the (-) or (+) and is followed by 3 digits. An example is -500 or +500. The easiest way to define the moneyline term when it comes to the glossary of sport betting is through the odds on a straight up outcome of a particular sporting event or game.The moneyline is a suitable structure for those just beginning to be enthralled in the world of sports betting as it is a simple wager on who will win the game, that is all. An example we can give you is a moneyline on a basketball game—the New York Knicks versus LA Lakers. The NY Knicks will be given -145 moneyline odds and the LA Lakers will have -200. So this structure in essence means that the moneyline odds on the LA Lakers have them winning the game without any other clause (no point spread, straight up etc.).

The moneyline is actually very easy to calculate, although, some of the beginners and intermediate folks will have to acquaint themselves a little bit on this type of betting in order to understand.