# Explaine:Positive & Bad Odds, Exactly what can they suggest?

Tn Sports Betting Odds

Check out the earlier parts of this guide to see the different formats of betting odds explained and learn how to estimate your potential winnings. So far, the different types of betting odds have all been wagers on single events within the upcoming week or two. Futures are wagers placed on, you guessed it– future events. For instance, you might place a future bet on the Red Sox winning the World Series or The Lakers bringing home an NBA championship ring. You place a wager on whether the total score between the two teams will be higher or lower than the total offered.

This means that Team B is favored to win by more than 22.5 points. If you were to make this bet and Team B did win by 23 points or more, and you bet \$120 on the game, then you would win \$100. Parlays involve wagering on two or more games on the same bet following the casino’s pre-determined payout scale. Negative money lines indicate the amount of money needed to wager to win \$100 in profit. Positive money lines indicate the amount of money that can be won from a \$100 wager. The decimal odds number represents the amount one wins for every \$1 wagered.

If you think that one or both teams has a particularly strong offense and it will be a high-scoring affair, you would bet over. If you think it will be a defensive struggle, ending in very low scores on both or either side, then you would bet under. If the final score is something like 44-40, then the combined score would be 84, meaning the game is an over. If the final score is something like 33-32, making the combined score 65, then it is an under. In sports betting, each team is assigned odds — assigned by a sportsbook — that represent the likelihood of its winning the game.

As stated, a negative number means the bookie sees the outcome as more likely. The number gives you how much you would need to bet to win \$100 in profit. Betting odds are determined by a number of calculations factored in by sportsbook providers. Experts in sports betting know the answer to the question, “how do odds work?

Each different format for betting odds will have a different formula for calculating your winnings. Just like in all the betting odds explained in this guide, the higher your risk, the higher your potential payout. Use parlays to string together several bets and, with a little luck, you could be in for a big payday. American betting odds display with a plus or minus sign followed by a number.

Even the favorites to win it all are still underdogs against the field. A futures bet might pertain to a season award or an eventual champion. However, moneylines also show up as a format to declare straight odds on various wagers. Notably, futures bets are often expressed in terms of moneylines. So, since the sportsbook felt that a certain outcome was particularly likely, bettors who took that side stood to profit very little. On the other hand, if Cleveland did manage to pull off the upset, then a bet would pay off quite handsomely.

You’ll find that the betting public tends to pile in on their favorite teams once they get home from work on Friday. You can anticipate these line movements and time your bet accordingly to take advantage. There’s another reason to bet the underdogs on the moneyline as well. The moneyline, then, is a powerful situational tool for people who closely follow the NBA. The simplest way to think about a moneyline is to consider a base bet of \$100. A moneyline is a number larger than 100, and it is either positive or negative.

# Explaine:Beneficial & Damaging Likelihood, What do they imply?

Moneyline Bets Explained

Going back to the previous example, a \$10 bet at 3/1 odds would represent \$30 in profit. For example, if you bet \$10 on the New York Knicks to win at odds of 2.25, your return (or “total payout”) would be \$22.50 if they won. They are used by most people outside of America, most notably Europe.

So, to actually PROFIT \$100 with the Lakers bet, you would need to wager \$250. If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well. Once you have mastered the three popular types of odds , you can move towards a more detailed read on this topic and find out how the house always wins. The potential profit for a Cleveland win would be even higher, as you could make a profit of \$700 [\$100 x (7/1)]. With the initial stake of \$100 being returned, it would make for a total payout of \$800. It can quickly be determined that the Golden State Warriors are the favorites while the odds on Houston and Cleveland winning are longer.

The chance of a particular outcome occurring that a sportsbook has calculated is called the implied probability. To determine the implied probability, you must convert the betting odds into a percentage. See how to convert each format of odds to an implied probability in the following section, where you’ll see each type of the betting odds explained. For example, the Golden State money line above is listed at -340 odds. Using the same principles we just discussed, \$340 needs to be bet in order to win \$100.

Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every \$5 you bet you can win \$3 in profit. To figure out profit, multiply the amount you bet by the odds fraction.

That means if you bet \$100 on the Jets, and they win, you would win \$240. If you bet on the Patriots -7, they must win the game outright by more than 7 points. For individual bets, just say “straight” or “straight up”, otherwise you will need to explain that you are taking a parlay or some other bet type. This is how much you are wagering, not how much you want to win. Most books use -110 odds , so if you want to win \$100, you’d state \$110 as your wager amount.

If the Chiefs were to win the game by any score and you picked the Chiefs you would win not including the extra six points. If the Lions were to win, 20-14, it would be exactly six and a push, so you would get your money back. A moneyline bet is on a team to win the game outright at an adjusted cost. Just like with point spread betting, the favorite will have negative odds, while the underdog will have positive odds. The difference here is in the price or payout depending on which team you take.

# Explaine:Good & Damaging Odds, What exactly do they signify?

What Does “plus” And “minus” Mean In Sports Betting?

A line with a positive number means that the team is the underdog. If the line, for example, was +160 then you would make a profit of \$160 if you were to bet \$100. Obviously, then, the team is a bigger underdog the bigger the number is – a +260 team is perceived to be less likely to win than a +160 team. Money line odds – These are by far the most common form of odds in North America for sports betting. They are expressed as numbers greater than 100, and they can be either a positive or negative number. In this example, the Los Angeles Lakers are the favorite, while the Warriors are the underdog.

Going further, a \$100 bet on the draw at +220 would payout \$320. However, in most cases, the favorite will have a ” – ” in front of its moneyline odds while the underdog will always have a “+ .” Teaser bets are usually available for basketball and football events. A teaser allows bettors to combine their bets on two different games and adjust the point spreads for the two games. However, the better will see a lower return in the event that their teams win.

Since a sportsbooks goal is to make money on every bet, they’re trying to create bets that will split the bettors down the middle. If they come up with odds that cause a higher % of bettors to bet on one team, the book opens themselves up to potential losses. Except in situations where opponents are considered an even matchup, the favorite will have a negative (-) money line and the underdog will have a positive (+) money line. This is explained in more detail below, but the most important thing to be aware of is that negative numbers represent favorites, while positive numbers represent underdogs. The same is true whether you are looking at a spread or a moneyline, but how these numbers are used is very different.

In this case, you’re betting on things like who will win a division or who will win a championship well in advance. To bet the Miami Dolphins to win on the money line, you would spend \$100 on the bet for a chance to win \$220 if the Dolphins, as the underdog, beat the Patriots. Your return would be \$320 – the original \$100 stake and the \$220 profit.

Assuming equal bets on both sides, the house has a built-in 10 percent cut of the action, regardless of the outcome of a particular sporting event. Now that you’re an expert in reading sports odds, get out there and start winning some money! Sharp bettors are informed bettors, and not all sports are created equal. Consider checking out our comprehensive guide covering how to bet on sports before you lay down your first wager.

In this example, if you bet on Team World and you win, your winnings would be more than you wagered. The numbers let bettors know the payouts associated with betting each side of the game. The positive number is the payout amount that a winning bet will receive on a \$100 wager. The negative number is the amount that a bettor must wager in order to win \$100. As you can see, understanding the -110 in sports betting is pretty basic once you realize what it represents. You can also apply this knowledge to other odds as well, such as the money line.

Analyzing Thursday’s Boston Red Sox at Tampa Bay Rays odds and lines, with MLB picks and predictions. A negative money line is also considered as the favorite – or chalk pick – by the oddsmakers. Fractional odds of 1/2 and decimal odds of 1.5 are also equivalent in this scenario. Ideally, the lines I release will balance the action equally, so that the winners get paid out from the pockets of the losers and we take the vigorish.

# Explaine:Good & Damaging Odds, Exactly what will they imply?

Tn Sports Betting Odds

If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0.615). In this case, you’ll receive \$16.15 back (\$10 bet + \$6.15 in winnings). Therefore, the probability of Alvarez winning the fight is calculated by dividing 8 by 19 . Let’s say boxer Gennady Golovkin receives 8/13 odds in an upcoming fight with Canelo Alvarez. These odds suggest that if this fight happened 21 times (8 + 13), Golovkin would lose 8 bouts and win 13. If you think their chance of winning is higher than that, this bet is worth serious consideration.

When it comes to the different sportsbooks out there it is possible to find different point spread lines but generally, most sportsbooks will have similar stats. It is worth a look to scan the various betting lines when you intend to bet on a big game, that is why WSN will always list the odds from several sportsbooks for each event. You can check out the different sportsbooks and compare them here. This is why casinos and sportsbooks employ professional oddsmakers to set the lines that are most likely to draw equal interest on both sides of the bet. That way the casino makes a profit on the commission regardless of which team wins. -110 is also the most common odds you’ll see on most point spread lines and Over/Under lines.

Read on to see an explanation of how to read odds in any of these formats. The variations can take some getting used to, but we’ll give you a breakdown on each format of betting odds explained. Know that Over/Under bets are placed on the combined score of both teams and are much simpler to place. A bookie sets the Over/Under, and you simply choose if the combined score will be higher or lower than that mark. There are a few different variations of Vegas odds boards, but as long as you understand spread, moneyline, and total bets, you’ll be able to find what you’re looking for.

Let’s take a closer look at some of these basic principles of odds. Vegas Insider makes no representation or warranty as to the accuracy of information given or the outcome of any game or event. Betting through bookmakers is illegal in the United States except in the state of Nevada.

Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020. But while betting on sports is legal in almost half the states in the country, not all of them allow online wagering. As of 2020, there are 21 states (and Washington D.C.) that have legalized sports betting. The Tampa Bay Lightning are -400 to beat the Detroit Red Wings. If you’re betting on the Lightning to win, you need to wager \$400 to win \$100 if your bet is correct with the Lightning winning. If you are betting on the Yankees, you need to wager \$200 to win \$100 if your bet is correct with the Yankees winning.

When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. No matter which team the bettor took the bettor would always risk \$110 to win \$100. The extra \$10 needed to win \$100 is called the juice or the vig, it is basically the house’s or the bookie’s take. It’s 10-percent of the bet so it would take \$33 to return \$30 and \$440 to return \$400 etc. . If you like favorites, you’re going to be betting a lot to win a little.

# Explaine:Optimistic & Bad Odds, Exactly what can they mean?

Moneyline Bets Explained

The sportsbook will then hold your wager until after the event is decided. These bets are available on more than just player props though. In fact, there are live wagering odds for everything from full-game point totals to moneylines to point totals by quarter to the spread. For example, suppose the market for Morant’s points was set at 17.5. With each point Morant scores, the sportsbook will shorten the odds on the bet.

We have an excellent list of the top places to bet online (that take U.S. customers). If you are looking to maximize your first deposit, we also have a great comparison of the best sportsbooks signup bonuses for you. Once you’ve read the primer below on reading the odds, you will have no problem navigating these sites.

Seeing just a decimal number may seem confusing if you’re still figuring out how do odds work. However, this format is really the most straightforward when it comes to how to read odds. Once you understand the odds, then you’ll be more prepared to make a bet and more importantly, win your bet!

That said, if you’re planning to visit a state where gambling is legal, and intend to bet, you should at least be armed with some information. In this case, you should look out for the relative offensive and defensive capabilities of both teams. This is one of the most straightforward bets to understand, but it can be tough to predict. In this case, it’s favored that the final score of the match will be less than (“under”) 45 points. Dutch Book Theorem is a type of probability theory that postulates profit opportunities will arise when inconsistent probabilities are assumed in a given context.

The team with the negative number is the favorite, and is most likely to prevail. One advantage of betting on the moneyline is that the sportsbook’s profit is baked into the line itself. So, unlike point spreads or totals bets, there is no need to pay any vig on top of your wager. Since sports betting is new in Colorado, it’s important that Coloradans understand this common betting type.

Of course, when the point spread is taken into account, the favorite and the underdog will each have close to a 50% chance of covering the spread. With these betting odds, you are wagering on whether the favored team in a matchup will not only win, but win by more than the number of points that the provider is estimating. A moneyline is one of the simplest kinds of betting odds explained in this guide. Here you are simply betting on a result of a match, whether that is one team winning or the game ending in a draw. As long as you pick the correct outcome, this bet will payout for you. In a professional sports matchup, a point spread is given to each team for sports betting purposes.

For example, at BetRivers you can place a wager on any and all of MLB’s 30 teams to win it all next season. A point total bet is decided based upon how many points both teams combine for during the contest. If the denominator is larger, however, the profit will be less than your wager.

# Explaine:Good & Bad Odds, Just what do they really imply?

What Does “plus” And “minus” Mean In Sports Betting?

The odds for favorites are accompanied by a minus (-) sign, indicating the amount you need to stake to win \$100. You can figure out how to read odds with point spreads by taking a look at the number shown next to the odds. For instance, if you see Dallas Cowboys +7, you are betting on whether or not the Cowboys will win their game by more than 7 points.

That is, one wins only \$10 against every \$11 wagered on Golden State to be the champions. Meanwhile, one wins \$9 against each \$4 (i.e., 3.25 times) put at stake for Houston to win, which is a bit less probable. American odds, depending on the negative or positive sign, either indicate the amount one needs to wager to win \$100 or the amount one would win for every \$100 staked.

Considering these points will help you make successful moneyline bets. To find an undervalued favorite, you also need to look at less higher-profile games. High profile games in the NFL attract a lot of betting interest and often the odds and subsequent payouts reflect that. Say the Detroit Lions are scheduled to play the Indianapolis Colts. Neither of these teams is high profile enough to avoid moneyline betting. Doing your research and checking the moneyline market will help you assess the best option for an undervalued favorite.

+350 would mean for every 100 you risk you will gain 350 if the bet wins. In this example, the 49ers carried the plus sign and were, therefore, the underdog. The Chiefs took the minus sign and were, hence, the favorite. Since both numbers behind the plus and minus signs were close to 100, you could tell that both teams were a close match for each other. With odds like this, you could have expected a game full of fireworks.

For example, in a football game, the oddsmakers may set the odds for which team will get more running yards. While moneylines, point spreads, and totals generally focus on the short term and specific matches, futures are long-term betting odds. They focus on events that will happen further down the line—in the future.

Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa. When a money line is a positive number then the odds are the amount you would win if you were to bet \$100 and were correct. For example, a money line of +200 would mean that you would make a profit of \$200 if you bet \$100 and were correct.

That’s an ideal that rarely happens – especially in sports without a pointspread, like NASCAR and golf. If Team A is getting too much action, I’ll move the line toward Team B to try to achieve that balance. My personal preference is to tweak the vig from –110 to –105 or +100 before taking the bigger step of moving the spread a half-point or more. You see “4” most commonly because the extra \$10 you have to bet to win \$100 is called the “juice” that the books keep as a fee for making the line available to you. Straight bet – Amid all the fancy and lucrative-looking bets that are available, never lose sight of the value in a standard straight bet. This is often estimated by the ratio of the number of times that the event of interest occurs to the number of times that it does not.

# Explaine:Favourable & Damaging Chances, What will they mean?

Tn Sports Betting Odds

A nice profit can be made if a touchdown or more underdog pulls off an outright win. Of course, it’s still a risky proposition to bet on a team expected to lose by a touchdown or more to win the game outright. They have to win by the point spread offered by the sportsbook.

Since one team may be heavily favored against their opponent, the money lines offer a much wider range of odds. The point spread is another form of betting odds that’s very similar to a moneyline bet. The difference is that in addition to predicting who will win the game, the point spread includes a margin of victory. In certain cases—such as in college basketball and college football—there is a huge discrepancy in talent between the two teams playing. In those cases, betting the moneyline is too obvious, because it is clear that one team will beat the other.

In order to win \$100 on the Penguins , you’ll need to wager \$130. If you wagered \$100 on the Senators , you’d be set to win \$110. When you see -150, +230, or any other three-digit number with a +/- in front of it, you’re dealing with American betting odds. The simplest definition is when a game ends right on a predicted margin or ends in a tie. To illustrate this, let’s use the current point spread odds on an upcoming XFL game at PointsBet Sportsbook. Therefore, FanDuel believes Pittsburgh is more likely to win this game than Montreal.

In this case where both teams have a ” + ” in front of their odds, the team with the lower number is the favorite. The lower number also means a lower payout, which is always the case for betting the favorite on the moneyline. A \$100 bet on Arsenal +150 would net \$250, while a \$100 bet on Everton +190 would net \$290.

The point spread is the projected number of points that separate two teams. A favorite “gives” points and is identified with a minus sign next to their point spread. The underdog “gets” points and is identified with a plus sign next to their point spread. Illinois passed sports betting legislature June 2019 and launched at physical sportsbooks March 2020, becoming the 15th state to offer wagering.

Typically the vig is -110, and you read this number like a moneyline bet .On a vig of -110, I must bet \$110 to make a \$100 profit. When the spread is small, moneyline bets are often better since the spread does not indicate a clear underdog. Know that odds at the track tell you amount of profit you will make per dollar spent.

Indiana passed a bill to allow sports betting in 2019 and wagering started in October with online betting opening a couple months later. Prop bets, or “proposition bets,” can be on literally just about anything. We’ll get into that more in other pieces, but the heavier the team, player, situation or bet in general is favored to succeed, the higher the negative money line. Betting on the favorite allows bettors to get a jump on this, as long as the favorite starts strong. +500 is a way to represent the odds of a bet, it means that for every 100 you gamble you win 500.

# Explaine:Positive & Bad Likelihood, Just what do they imply?

Moneyline Bets Explained

Under 7 (-110) In order to win \$100, you must wager \$110 on the total combined run score to be less than 7. As we said before, a bettor laying action on a -110 point spread line must lay \$110 to win \$100. The oddsmakers want equal action on both sides because if they can do that, they reduce the risk of taking any big losses and guarantee their profit on the juice from each bet. Before we explain why -110 is the most common betting line in sports, let’s reiterate the fact that sportsbooks, by definition, exist to make money. Like most things in the gambling world, the whole point is to turn a profit. Again, this is how they reduce their risk and ensure their safe profit.

Just like for the point spread, the -110 indicates the payout. Now that you know how to infer meaning from American odds, it’s important to know that all bets have a clear winner. For negative odds, you divide the number in the line by itself plus 100. Then you multiply that quotient by 100 and the result is a percentage representing the likelihood of the outcome. The difference is that when you have a larger numerator, you don’t add 100 to your product.

The team with the higher of the two numbers is the underdog and the team with the lower of the numbers is the favorite. The return can be calculated by multiplying the bet with the the decimal odds. You’re betting on which side will win an event and if that side wins, you win. A parlay wager is a single bet that is linked with two or more wagers.

So using the -140, this would show us that you would need to bet \$140 in order to win \$100 in profits. You can easily substitute the \$100 bet for a \$10 bet by moving the decimal place over one spot, showing us that you would need to wager \$14 in order to win \$10 in profits. The standard number is –110, meaning a successful bet of \$110 would net \$100 profit. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook.

Whichever format odds are written in, they all have an equivalent in another format. While some sites, such as William Hill’s Jersey sportsbook, allow bettors to change odds formats, it is useful to understand how to calculate odds between formats. Not only will this help you understand your potential return, but it also makes it easier to compare betting odds across sportsbooks.

Some of these numbers have the plus symbol in front of them and others have minuses. At first glance, it can be pretty intimidating and you wouldn’t be the first person to give up right then and there. The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play. If you side with Golovkin, the “favorite,” you’ll need to risk more to get the same winnings. If you want to bet your \$10 on Alvarez, multiply that sum by the quotient of 11 ÷ 8 (1.375).

# Explaine:Beneficial & Bad Possibilities, What will they imply?

What Does “plus” And “minus” Mean In Sports Betting?

Analyzing Friday’s Duke Blue Devils at Charlotte 49ers odds and lines, with college football expert picks, predictions and best bets. Analyzing Thursday’s Southern Utah at Arizona State odds and lines, with college football expert picks, predictions and best bets. Analyzing Friday’s Old Dominion at Wake Forest odds and lines, with college football expert picks, predictions and best bets. Analyzing Saturday’s Central Michigan at Missouri odds and lines, with college football expert picks, predictions and best bets. Analyzing Saturday’s UL Monroe at Kentucky odds and lines, with college football expert picks, predictions and best bets.

This kind of bet is different because you are betting who will win the game straight-up, which causes the odds to be different for each game (instead of -110 for everything). TeamsMoneylineNew York Jets+240New England Patriots-280A favorite (e.g. Patriots -280) on the money line works just like our bet price example above. In our new example, the Patriots are listed at -280, meaning you would need to risk \$280 for a return of \$100 on them. It follows that a winning bet on the Pats pays \$100 (plus your initial investment of \$280 back). This added risk is why betting the spread is usually more popular, especially on favorites. Learning how sports betting odds work can be intimidating at first, but our guide will teach you how to read odds in no time!

If you’re new to sports betting, we’d recommend sticking to ‘safer’ bets with lower odds until you get to grips with how it works exactly. When a point spread is attached to a set of odds it means that for the bet to be successful the team must ‘cover the spread’. This means that the team you are betting on must win or not lose by a predetermined margin of points. Prop bets generally refer to anything that is not directly tied to the outcome of the game. They can be over / under bets on how many times a player or announcer does something, or they can be bets on which team will do better in general on a certain topic.

A -250 favorite has a better chance of winning an event than a -150 favorite, while a +200 underdog has a better chance of winning than a +500 underdog. Kansas City would be the underdog and displayed as Kansas City +6. If you bet the favorite, Detroit has to win by more than six points to win your bet. Remember, the Lions are favored by six points, so we subtract six points from their final score on a spread bet. If Detroit were to win 27-20, Lions bettors would win their wager.

The first thing that’s important to know is what kind of odds you’re looking at. The most common style used in North America is appropriately named American. You’re going to encounter American odds almost exclusively in the United States. Rather, they are expressions of the proportions that the sportsbook is using for that particular game. TeamsSpreadPrice/VigNew York Jets+7-110New England Patriots-7-110In the example above, the point spread is 7 points. Use the rotation number/numbers and the name of the team/teams you want to bet on.

The standard format for printing betting odds varies depending on the sport. Football will most often be displayed with American odds, while soccer is more likely to show with fractional odds. However, on most American sports betting websites, you’ll have the option to display these odds in several formats, with American being default. Learning how to read odds is the foundation of developing a successful sports betting strategy.

The reason is because with low scoring sports it’s difficult to predict a result. One run or one goal can easily be the difference between a win or loss, so betting on a point spread doesn’t make sense. One of the first and most important aspects of sports betting every new player must learn is what the different symbols mean.

# Explaine:Positive & Adverse Odds, Exactly what do they mean?

Tn Sports Betting Odds

Point spread outcomes will most often pay this amount because the professional bookmakers are very good at predicting who will win any given game and by how many points. In doing so they are essentially making the point spread wager one that is as close to equal for both sides as possible. When you see a -110 line, you can consider it similar to an even money outcome, like a coin flip. The number next to the minus sign is the amount you must bet to win \$100 in profit. Below is an example of NFL betting odds taken from an online betting site.

Calculating your payout requires simple multiplication just like using decimal odds. The easiest way to understand fractional odds is the numerator is the profit while the denominator is your wager. If the numerator is larger, the profit will be more than your wager.

If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish. The first time you glance at the odds can be somewhat daunting. If the odds on a tennis player said +150, that means that for a \$100 bet, you would win \$150.

Understanding betting odds allows you to pick between good and bad odds. Data from more than 1,700 bets was used to generate each sportsbook’s comparative odds ranking for our 2021 annual review. It may take some time to understand odds and lines but don’t worry, it becomes second nature really quickly.

Negative (-) means how much is needed to wager in order to win \$100, and positive (+) means how much can be won on a \$100 wager. The Arizona Diamondbacks are the underdog, and a wager of \$100 will produce a profit of \$140, for a total payout of \$240. We hope this short beginner’s guide to understanding and interpreting odds will give you the confidence to get out there and start making winning bets.

While straight bets using a point spread are most popular for high scoring sports like football and basketball, money line bets are available as well. Straight bets are used to even out the odds, offering 11/10 odds on any team you choose. With money line bets, there is no point spread and your goal is to simply pick the winning team.