Money Lines

Money Line - This type of betting is the most frequently seen, as it exists on almost every possible sports activity available. Money lines are set, and the better just has to pick who the winner is going to be. The way sports betting providers do this is by making "payouts" (or what the better would win) greater for the underdog. For example, betting $10 dollars would win you $20 dollars betting on the underdog, but betting $10 dollars on the favorite would only win you anywhere from $3 - $4 dollars. Its a risk-reward type venture. The favorite usually wins, but one loss by the favorite can mean big losses to the better, because the better must bet more to win anything substantial. Betting on the underdog pays back more, but the chances of hitting are less. They also have money lines thatare virtually equal for each side. This will happen a lot in baseball or hockey. Such sports as tennis and boxing usually has it where one side is very heavily favored on the money line, and the other side is a big underdog.