{"id":1475,"date":"2008-09-02T13:38:22","date_gmt":"2008-09-02T18:38:22","guid":{"rendered":"http:\/\/www.joeduffy.net\/blog\/2008\/09\/moneylines-in-betting-the-nfl-odds\/"},"modified":"2008-09-02T13:38:22","modified_gmt":"2008-09-02T18:38:22","slug":"moneylines-in-betting-the-nfl-odds","status":"publish","type":"post","link":"https:\/\/www.joeduffy.net\/blog\/2008\/09\/moneylines-in-betting-the-nfl-odds\/","title":{"rendered":"Moneylines in Betting the NFL Odds"},"content":{"rendered":"


\n<\/a>
\n
\n<\/p>\n

\n

It was somewhere around 25 years ago – an eon in the
\nprospering life of modern sports betting – that Nevada\u2019s licensed bookmakers
\nfirst began employing money lines. The action was one of necessity as bet
\ntakers, in an effort to limit their susceptibility at being caught between two
\nnumbers (a situation called being middled or sided) sought a profitable (for
\nthem) but reasonably attractive (for bettors) alternative to moving
\npointspreads. <\/p>\n

With money lines, (which are the wagering standard for baseball), players don\u2019t
\nlay or take points; they lay or take a price. For example, if the Colts are a
\n3-point favorite over the Broncos, on the money line, Indianapolis<\/st1:place><\/st1:City>
\nmight be -160 (bet $160 to win $100) while Denver<\/st1:place><\/st1:City>
\nis +140 (bet $100 to win $140). No pointspread is involved. <\/p>\n

\u201dThe time when a money line is really used in force is on a game such as the
\nSuper Bowl where a side or a middle literally could cost you millions of
\ndollars,\u201d explained a noted Las Vegas<\/st1:place><\/st1:City>
\nbookmaker with vast knowledge of the intricacies of money line management who
\nasked not to be identified. \u201cAt a really large sportsbook, getting sided on the
\nSuper Bowl could cost the house well over $1 million. <\/p>\n

\u201dThe time that a money line is really valuable is when the line is -3. Rather
\nthan moving the spread to -2 \u00bd or -3 \u00bd, I like using a money line, especially
\nif my jeopardy is going to be around seven figures.\u201d <\/p>\n

Of course, a bookmaker\u2019s jeopardy or risk is a relative factor. <\/p>\n

\u201dAgain, it\u2019s up to the guy running the joint,\u201d pointed out the bet taker. \u201cObviously,
\nif you\u2019re on -3 and you\u2019re $2 million high, if you go to -3 \u00bd you know you\u2019re
\ngoing to get money back. How much do you want to risk? It all comes down to how
\nmuch belly you have.\u201d <\/p>\n

Bookmakers also use money lines when they hang halftime lines, a game within a
\ngame where pointspreads based solely and independently on single halftime
\nscores are offered. <\/p>\n

\u201dHalves are pretty treacherous,\u201d admitted the bookmaker. \u201cUsing a money line is
\na tactical move because I think that\u2019s the only way you can really book
\nhalftimes. If it\u2019s pick with the money line and the game comes tied, all you do
\nis give the money back. But it\u2019s dangerous to go from pick to 1, pick to a \u00bd or
\npick to 1 on the other side because, quite obviously, if the game winds up 7-7
\nat the half, you\u2019re going to lose a lot of money. <\/p>\n

\u201dThat\u2019s a strategic move because there are a lot smarter people betting the
\nhalftime than in a normal situation. When you take decent sized bets – say
\n$10,000 to a number – using the pick money line pointspread for a halftime, I
\nbelieve, is the best theory.\u201d <\/p>\n

Sports betting action usually dictates change but pointspreads don\u2019t always
\nmove in tandem with money line shifts, and vice versa. <\/p>\n

\u201dIt all depends,\u201d said another bookmaker who also felt a bit squeamish
\ndiscussing internal oddsmaking deliberations and demanded anonymity. \u201cIf
\nwiseguys (informed bettors) are laying a side up, yeah, most of the time I will
\nmove the pointspread. But if it\u2019s square (unsophisticated) money that moving
\nthe number, I\u2019ll just leave it there because I don\u2019t want to kill all the
\naction. Sometimes, if you leave it there, they\u2019ll bet that up, too. But if
\ngames are moving, especially in college, a point, a point and a half, two
\npoints a crack in an afternoon, you\u2019ve got to move the money line. With the
\nNFL, you can stay a little longer and take a hit.\u201d <\/p>\n

If there\u2019s a player edge with money lines it\u2019s probably in taking the odds with
\nsmall underdogs. Since NFL games are decided by 1 or 2 points only about a
\ncombined seven percent of the time, some gamblers feel if you like the underdog
\nyou might as well forget the points and take a plus on the money line. <\/p>\n

In the end, money lines are just another option sports betting option. <\/p>\n

MONEY LINE VERSUS POINTSPREAD<\/strong> <\/o:p><\/p>\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Pointspread<\/strong><\/o:p><\/p>\n<\/td>\n

\n

Money Line<\/strong>
\nLow<\/strong><\/b><\/o:p><\/p>\n<\/td>\n

\n

Range<\/strong>
\nHigh<\/strong><\/b><\/o:p><\/p>\n<\/td>\n<\/tr>\n

\n

Pick<\/strong><\/o:p><\/p>\n<\/td>\n

\n

-110<\/o:p><\/p>\n<\/td>\n

\n

-110<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

1<\/o:p><\/p>\n<\/td>\n

\n

-115
\n-105<\/o:p><\/p>\n<\/td>\n

\n

-125
\n+105<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

1 \u00bd<\/o:p><\/p>\n<\/td>\n

\n

-120
\nEven<\/o:p><\/p>\n<\/td>\n

\n

-135
\n+115<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

2<\/o:p><\/p>\n<\/td>\n

\n

-125
\n+105<\/o:p><\/p>\n<\/td>\n

\n

-145
\n+125<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

2 \u00bd<\/o:p><\/p>\n<\/td>\n

\n

-140
\n+120<\/o:p><\/p>\n<\/td>\n

\n

-160
\n+140<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

3<\/o:p><\/p>\n<\/td>\n

\n

-150
\n+130<\/o:p><\/p>\n<\/td>\n

\n

-170
\n+150<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

3 \u00bd<\/o:p><\/p>\n<\/td>\n

\n

-160
\n+140<\/o:p><\/p>\n<\/td>\n

\n

-180
\n+160<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

4<\/o:p><\/p>\n<\/td>\n

\n

-170
\n+150<\/o:p><\/p>\n<\/td>\n

\n

-200
\n+170<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

4 \u00bd, 5,
\nand 5 \u00bd<\/o:p><\/p>\n<\/td>\n

\n

-180
\n+160<\/o:p><\/p>\n<\/td>\n

\n

-240
\n+200<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

6<\/o:p><\/p>\n<\/td>\n

\n

-200
\n+170<\/o:p><\/p>\n<\/td>\n

\n

-260
\n+220<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

6 \u00bd<\/o:p><\/p>\n<\/td>\n

\n

-220
\n+180<\/o:p><\/p>\n<\/td>\n

\n

-280
\n+230<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

7<\/o:p><\/p>\n<\/td>\n

\n

-260
\n+220<\/o:p><\/p>\n<\/td>\n

\n

-350
\n+280<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

7 \u00bd<\/o:p><\/p>\n<\/td>\n

\n

-300
\n+250<\/o:p><\/p>\n<\/td>\n

\n

-400
\n+300<\/o:p><\/p>\n<\/td>\n<\/tr>\n

<\/p>\n

 <\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n

This article was written by Luken Karel for http:\/\/www.thegreek.com<\/strong><\/a>.<\/p>\n<\/div>\n

<\/body>
\n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"

It was somewhere around 25 years ago – an eon in the prospering life of modern sports betting – that Nevada\u2019s licensed bookmakers first began employing money lines. The action was one of necessity as bet takers, in an effort to limit their susceptibility at being caught between two numbers (a situation called being middled … Continue reading Moneylines in Betting the NFL Odds<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1475","post","type-post","status-publish","format-standard","hentry","category-sports_gambling_strategy_articles"],"_links":{"self":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts\/1475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/comments?post=1475"}],"version-history":[{"count":0,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts\/1475\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/media?parent=1475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/categories?post=1475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/tags?post=1475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}