The novice football bettor may be a bit overwhelmed when they first create an account at an online Sportsbook and then look at the posted NFL betting lines. Most bets with your buddy will be on what NFL team will win straight up or who will cover the spread. This guide give you the basic types of Football wager types associated with a betting line.

Football Betting Line

A betting line is a posted number that the online Sportsbook posts for each game in a certain sport. The betting line will have different wager options within the betting line. Bookmakers will post odds on who they think will win the game. The betting line will usually show a favorite and an underdog. The example below will show what a NFL betting line looks like at one of our recommended Sportsbooks Bovada.com .

Moneyline Wager

You are betting the outright straight up winner without regard to point spread. A negative ML is assigned to teh favorite, lets say -200 means you will have to bet 200 to win 100. Abbreviations appear on all of our racecards and can be found against horses, jockeys, trainers and in the form lines of runners. Below is an explanation of each of.

• Whereas a typical moneyline bet involves a bet on one of two options, three-way moneyline betting involves three options. When wagering on a three-way moneyline, you can bet either Team A to win, Team B to win, or for the event to end in a tie (sometimes referred to as a ‘draw’).
• Defining plus and minus, one of the most common gambling phrases. What does 'plus' and 'minus' mean as a sports betting term? Odds expressed in terms of money, with $100 being the standard.

The Moneyline wager means you are picking who you think will win the game straight up. In the example above, the Moneyline odds on the New York Giants are +140. In this example the New York Giants are the underdog. The +140 means that for every $100 you wager you will win $140. You do not have to wager $100. The betting line is a payout ratio odds and will be scaled to your actual wager. The favorite in this example is the Detroit Lions denoted by the -160. You have to risk $160 to win $100.

Basic Strategy for Betting Moneylines. In sports betting, a moneyline bet is a wager on which team will win a game. Moneylines are the primary wagering option for hockey and baseball, while for basketball and football they are viewed as a secondary alternative to the point spread.

NFL Point Spread Wager

The Point Spread is one of the most popular wagers in NFL Football betting. You need to cover the Point Spread to win your wager. For example the Favorite in this game is the Detroit Lions as they have a point spread of -3(-110). For you to win your wager, the Detroit Lions would have a final score beating the New York Giants by 4 or more points. The (-110) in brackets is the 'juice' or 'vig' on the wager. Sportsbooks take a standard 10% commission on all wagers. If there is not a -110 beside the point spread it is usually assumed 10% juice. The Underdog in the point spread is the New York Giants +3(-110). For you to win your wager the NY Giants could lose the game by 2 points or less. If the final is score is a margin of 3 points then the wager would be graded a PUSH and the wager amount would be returned to you.

NFL Total Wager

Sports Betting Ml

A Total Wager is a bet on the OVER/UNDER for the Total Score at the end of the game of the combined teams. In this betting line the TOTAL is 33 (-110). For you to WIN the OVER TOTAL wager the final score would have to be 34 points combined for both teams. If the TOTAL score is exactly 33 then the wager would be graded a PUSH and your wager would be returned to you. The NFL betting line in the above example is for the full game. An NFL betting line can also be posted for 1st Quarters(1Q), 1st Half(1H) and 2ND Half(2H). Not all Sportsbooks post 1Q lines for all football games. Professional bettors are known to profit on 1H and 1Q wagers because they are able to handicap NFL games accurately because many NFL coaches script their first half plays. Moreover, 2H bets are very popular because you are able to see how well the team is playing in the first half.

Circled NFL Line

Occasionally you will see a GREEN or RED box around a NFL betting line. When a NFL Point Spread, Moneyline or Total betting line is boxed RED or GREEN this is referred to as a CIRCLED Line. It is also referred to as GREEN or RED Boxed.

Green Circle NFL Betting Line

A GREEN circle means that there are higher bet limits on the betting line and there are no betting restrictions. Very popular NFL nationally televised games are usually GREEN circled due to their popularity.

Red Circle NFL Betting Line

A RED Circle line is one of the most common questions asked by new online Football gamblers. A RED circle line means that there are lower bet limits (usually $500 bet max.) and the bet option cannot be included in Parlays, Teasers, IF Bets and Round Robin Bets. Bookmakers RED circle games to reduce Risk to the Sportsbook. An NFL Game is usually RED circled when a key player is uncertain to play like if QB Peyton Manning was uncertain to play right up to game time. A game may also be RED Circled due to severe whether conditions that could affect the OVER/UNDER Line. Bookmakers will not tell you why they circle games. Each Bookmaker will have their own policy that is set by their risk management team that is headed by their head line maker. Most RED boxed games are removed several hours before kickoff or when a Sportsbook gets accurate information to put out new NFL betting line.

Hockey is Canada’s most important sport, with increasing betting popularity for the US and World audience and with a wide array of betting choices, such as the point spread. To understand hockey point spread betting better, let us first look at the money line, which is something everyone should be familiar with in order to better enjoy their bets, regardless of the hockey bet type.

Let us provide you with a little example for a better picture. In a money line bet the negative number in the online sportsbook’s odds page represents the favorite team, while the positive number represents the underdog, the team less likely to win according to what is on paper and/or previous results.

* Please see illustration below to help understand point spread bets, text explanation follows.

Example of a Hockey Money Line:
Washington Capitals -115
Florida Panthers +270

Following the above example, in order for you to win $100 when choosing the favorite, you will have to wager $115. If you go ahead and choose the underdog, the Florida Panthers in this example, you must place a $100 bet in order to receive a possible payout of $270; hence the reason why betting on the underdog is so tempting.

Ml Meaning Betting Rules

That taken care of, we can now continue with hockey point spread betting, which by definition, a point spread is the scoring difference between the game’s two opponents (the two teams).

Example of a Hockey Point Spread:
Washington Capitals +2.5 (-115)
Florida Panthers -2.5 (+270)

Again, let us use the example above to illustrate how one would win a wager or place a wager. If you choose the team that is favored, the Washington Capitals in this case, then they must win by the point spread number indicated next to the money line for you to win your bet; they must win by 2.5 or more goals, a tough line for hockey standards, where scoring is minimal.

Now if you were to choose the underdog team, the Florida Panthers, using the -2.5 next to it, they must not lose by more than 2 goals for you to win your bet. Obviously if they win the game, you win the bet as well.

Now why use the .5 in the point spread? Well, the .5 is used to eliminate any possibilities of a tie happening, which would end up with the online sportsbook returning bets to their suitors, a “push” in other words.

Benefit to Using a Point Spread vs. a Money Line

Baseball Betting Lines Meaning

We understand that as a bettor who is on a fixed budget, you do not want to bet a gross amount of money on a favorite. Regular hockey money lines are a bit more expensive in terms of betting on the favorite than that of point spread; so, hockey point spread betting in summary is way more affordable to those not wanting to throw down $100 to gamble, especially when the underdog is looking good.

Tips for Betting Hockey Point Spreads

There are a number of ways to pick out a strategy that works for you, what we would call the hockey point spread betting tips. Like everything in life, sports betting and hockey games can get complicated, unpredictable, and hard to bet on if you are just getting in the game.

There are a lot of variables to account for and think about before the drop of the puck, so you might want to scout some reports, read up on a team’s injured reserve lists, confirm who will be the starting goaltenders, as well as take into account a team’s fatigue by just coming off a game from the previous night or even from a long road trip. Study as much variables and factors as possible, and you will see a noticeable improvement in your betting results for your hockey point spread online betting, and other betting types.

Ml Meaning Betting Definition

When betting on games it is important to do the proper research and homework on the certain teams involved in a matchup, which we recommend you do by studying these stats on our online sportsbook list, so go over them through our links, and make your hockey bets now.