What is a Money Line?
A money line is a type of wager that doesn’t have a spread to cover. You wager on who you think will win the game or event straight up. It doesn’t matter if it’s the favorite or the underdog.
Money lines are based on a $100 parameter. You will risk more to win less on the favorite and risk less to win more on the underdog. On certain games you may see an even (ev) wager, this means that you win the same amount that you risked.
Money lines are based on bets of $100. If you bet on the favorite, you will put more money on the line in order to win what you bet, but if you bet on the underdog, you will win back more than your bet. Sometimes you might see an even (EV) wager. With these wagers you win back what you bet (minus the vig/juice, of course).
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Wagering on futures is just like a traditional bet where your action is related to a specific event. Wagering on futures is more involved with knowledge, and about predicting the future outcome of the game, exactly as the name implies.
Wagering on futures is just like a traditional money line bet. You wager a certain amount of money and if you win, you receive your payout depending on the odds when you placed the wager. However, a futures bet is different in this one feature: you’re betting on an event that is taking place sometime in the future (hence the name, futures bet). So instead of selecting one of two teams to win in a specific game, you’re selecting one team out of all teams to win the entire series/championship. For example, a futures bet could look like taking the Jets to win the upcoming Super Bowl, or betting on England to win the 2010 FIFA World Cup.
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