The approach might also change depending on the specific odds offered.In the above example, the Kansas City Chiefs are a strong favorite against the Chicago Bears. Ultimately, whether your bet wins or loses will depend on the stats and performance record of the teams involved. Regardless of the bet you choose, pick one with which you are comfortable. The sportsbooks like it when people bet on both teams as they stand to benefit on either team wining or losing, rather than the moneyline situations where when one team wins or loses, the sportsbook loses collectively more. Is it better to bet Spread or Moneyline Verdict The odds in spread bets are rarely ever an indication of which team is likely to win.These odds generally ensure there is enough betting action on both sides in the game. Point spreads are created by experts knowledgeable in sports and betting.In a parlay, many believe the odds offered for spreads are unfair.
Spread bets are, however, relatively more complex, there are more variables involved, and the bettor has to keep track of such events in the match as when the team you choose takes the lead, the personnel they employ after that, their strategy during the match and so on.One also ‘gets’ points on underdogs, meaning they can win a bet even in situations where the team they picked suffers a loss. This, therefore, makes it less risky when it comes to betting on heavy favorites to win. Further, the range is small regardless of whether one bets primarily on favorites, underdogs, or a mix of the two.For most sportsbooks, the bettor knows every point spread they make will cost them a constant number, most of the time -110.Cost is an important factor here, as it is almost always a constant.When it comes to spread bets, bettors do not have to wager more money than necessary.One of the cons of moneyline bets is that when betting on favorites, one will have to lay down more money than they stand to win, or generally more money than the spread bets.įurther, when betting on the underdog, bettors do not benefit from getting points during a game. It could be a greater risk, but the payout is ultimately more than the amount one wagers.For the more experienced bettor, the moneyline offers them the chance for bigger returns when they bet on underdogs.Moneyline bets are all about the winner, and involve fewer variables, which is why most beginners like them.The bettor does not have to worry about how many points their chosen team wins by, or how many points the two teams score.Moneyline bets are simple the bettor only has to pick the outright winner in the match.Spread or Moneyline Bets Pros and ConsĮach option has pros and cons. In either case, if the team one chooses covers the spread, a $110 bet would result in a win of $100. On the other hand, placing and winning a spread bet on the Bears would require then to win the match by over 3.5 points to have them cover the spread.Placing a spread bet on the Packers and winning means the Packers have to win the game outright or lose by less than 3.5 points to cover the spread.When one places a spread bet, they need the team they bet on to cover the spread that is created for the game for them to win.Īgain, using the Packers and Bears game as an example, the spread for the game would be as follows. Spread betting is slightly more complicated than the moneyline. A bet on the Bears would require one to wager $180 to win back $100 if the Bears win the game.A $100 moneyline bet on the Packers will result in a $150 return if the Packers win the game.Moneyline bets would have the bettor choosing either the Bears or Packers to win.The odds would be Packers +150 and Bears -180. Say, for instance, the Green Bay Packers are playing against the Chicago Bears. Moneyline bets are the classic bets, where one simply has to choose which one, of the two teams playing each other, will win outright. Spread or Moneyline Bets Explainedīefore choosing between these two types of bets, the first step should be to understand them. Many people see them as being direct opposites, which is why moneyline bets are popular with those who bet on sports like soccer and basketball, while spreads are more popular in football. 4 Top Sportsbooks to Bet Moneyline or Spread
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